You are here

China's Great Wall Motor signs MoU with Maharashtra, reaffirms plan to invest USD 1 billion

By : Sustainability ..., Jun 18, 2020

Great Wall Motor, the latest Chinese automaker to enter the Indian market, signed a memorandum of understanding with the Maharashtra government on Tuesday agreeing to invest in modernising its Talegaon manufacturing plant and generate employment for 3,000 people. The company...

Read more..

Commercial productionof e-auto resumes at KAL

By : Sustainability ..., Jun 16, 2020

The production of state’s first electric autorickshaw, the Neem G e-auto, has gathered steam. The commercial production of the e-auto is going on in full swing at the Kerala Automobiles Limited in Neyyattinkara. The bookings for e-auto had begun much earlier. The batteries...

Read more..

Electric Vehicles boom will push Nickel Sulphate supply to peak in 2027: Wood Mac

By : Sustainability ..., Jun 8, 2020

With the demand from the electric vehicle (EV) sector continuing to accelerate, Nickel Sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, reaching approximately 800 Kt by 2035, according to research firm Wood Mackenzie....

Read more..

EV companies tweak product strategy, defer capex to meet post-COVID scenario

By : Sustainability ..., May 1, 2020

The electric vehicle industry is preparing for life after lockdown by deferring capex and tweaking its product strategy to focus on new and emerging segments. EV manufacturers including Hero Electric, Kinetic, Mahindra Electric and others have indicated deferral of capex and...

Read more..

Covid-19 impact: Electric vehicle plans may take backseat in FY21

By : Sustainability ..., Apr 24, 2020

Leading auto manufacturers are likely to put their electric vehicle (EV) plans on the back-burner as they focus on restoring demand for core bread-and-butter products, suggested a number of senior industry executives. With mounting losses due to the disruption in operations...

Read more..

Lockdown extension right move, adverse impact on EV sector in next 1-2 months: SMEV

By : Sustainability ..., Apr 15, 2020

Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday said extension of the lockdown is the right move although there will be certainly an adverse impact on the operations of its members for the next 1-2 months. Describing the situation as a testing time for the EV...

Read more..

Electric vehicles seek GST refund

By : Sustainability ..., Apr 15, 2020

The fledgling electric vehicles sector urgently needs financial support from the government in terms of fast GST refunds, which is most important for this industry because of its inverted tax structure. Import duty on finished goods is low compared with the duty on raw...

Read more..

Detel to foray in EV industry with a new electric vehicle

By : Sustainability ..., Jan 24, 2020

The feature phone, TV and connected essentials brand, Detel on Thursday announced its entry in EV segment in India with a new electric vehicle. The company said in a release that it is all set to disrupt the Indian EV market with its unique and affordable offerings under its...

Read more..

SoftBank keen on investing in Andhra Pradesh’s EV sector

By : Sustainability ..., Sep 18, 2019

A delegation of SoftBank from Japan met Andhra Pradesh Industries and IT Minister Mekapati Gautham Reddy and expressed interest to invest in the electric vehicles sector. Details will be known after another meeting to be held within 15 days. During a Diplomatic Outreach...

Read more..