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Hyundai to source more components locally for EV play
By : Sustainability ..., Feb 24, 2020
Hyundai Motor India, the country's second-largest carmaker, said it was accelerating the localisation plan for its electric vehicles (EV) as the government is set to hike basic customs duties on completely-built as well as knocked-down EVs and components, making imports more...Read more..
Subject Tags: Electric Vehicles (EV) , Hyundai Motor India , localisation
Renault plans EV under Rs 10 lakh in India, says Renault India CEO
By : Sustainability ..., Feb 13, 2020
The French automaker Renault will be bringing the best-priced EV in the mass market in the next two years, claims Venkatraman Mamillapalle, CEO and MD, Renault India. In an exclusive interaction with ETAuto, Mamillapalle said the brand which is known for segment creation and...Read more..
Subject Tags: electric vehicle sales , localisation , Renault India
Sales volume of EVs important than subsidy for localisation of parts: Maruti MD Kenichi Ayukawa
By : Sustainability ..., May 16, 2019
Sales volume of electric vehicles is more important than subsidy for localisation of parts and the automobile industry must find ways on how to generate demand across segments, Maruti Suzuki...Read more..
Subject Tags: Electric Vehicles (EV) , EV manufacturing , FAME II , Hybrid electric vehicles , localisation , Maruti Suzuki India