In the last financial year, the export of smartphones from the country has increased to about two lakh crore rupees. This is an increase of about 54 percent on a year-on-year basis. Smartphone companies including Apple and Samsung have increased their manufacturing and exports in the country to take advantage of the Central Government’s production-linked … Read more
There has been an international agreement for the supply of components and services between the Tesla and Tata Group companies involved in the large electric vehicle (EV) companies. Under this, many Tata Group companies will be part of the US Tesla supply chain. Tesla is also set to start business soon in India. A media … Read more
The delivery of Activa Electric by Honda Scooter and Motorcycle (HMSI), one of the big two-wheeler companies, may begin soon. The company has started taking Activa E to dealerships. This electric scooter was launched in Bharat Mobility Global Expo. Booking can be made in Delhi, Mumbai and Bangalore for Activa Electric. This electric scooter will … Read more
Tesla, one of the large electric vehicle (EV) companies, is preparing to start business in India. The central government is working on a new policy to promote the manufacturing of EV in the country. In March last year, the government reduced custom duty to 15 percent on imports of EV with special conditions. A media … Read more
Tesla’s electric cars included in large electric vehicle (EV) companies may start selling in India soon. The company has planned to bring a few thousand electric cars in the country. Last week, Prime Minister Narendra Modi held a meeting with Tesla’s Chief, Elon Musk during a visit to the US. One of bloomberg Report It … Read more
Mahindra & Mahindra, one of the large automobile companies, received good response from customers for XEV 9E and BE 6 electric SUVs. The company has got 30,179 bookings on the early day of XEV 9E and BE 6. Last year, the total sales of electric passenger vehicles in the country were about one lakh units. … Read more
Tata Motors, who have a large stake in the market of electric vehicles (EV), plans to double the number of charging stations for EV in the country in two years. The company has said that by 2027 these charging stations will be increased to about four lakhs. For this, a tie-up will be done with … Read more
BYD, one of the largest companies manufacturing electric vehicles (EV), has set a sales record last year. This Chinese company has sold about 42.5 lakh units. Elon Musk’s Tesla is facing tough competition from BYD in the international EV market. BYD has set a monthly sales record in December. The major reasons behind this are … Read more
JSW Group, involved in business ranging from steel to energy, plans to launch its own brand for Electric Vehicles (EV). JSW Group has negotiated licensing agreements or transfer of technology with some Chinese EV companies. It plans to build a full EV company with electric cars and electric trucks. JSW Group holds about 35 percent … Read more
Sales of Electric Vehicles (EV) have increased rapidly in the last few years. Recently, electric two-wheeler maker Ola Electric has been listed in the stock market. Some other companies in this segment are also planning to launch Initial Public Offering (IPO). Competition is increasing in the market of electric two-wheelers. Greaves Electric Mobility, maker of … Read more