The adoption of EVs becomes critical, as the world’s fifth-largest economy prioritizes sustainable development and races to achieve net-zero carbon emissions by 2070, the report said. This can bolster India’s economy while supporting the ambitious target set for 2030—EV penetration of 30%. The report, titled “India Electric Vehicle Charging Infrastructure Market Overview,” outlined the potential…
Backed by automotive giant Hero MotoCorp and marquee investor Tiger Global, Ather’s listing comes amid choppy market conditions and a cautious investor climate following Ola Electric’s underwhelming market debut. Ola Electric hit the 20% upper circuit on its debut in August but has since slipped, delivering a negative return of over 34% from its listing…
Electric vehicles (EVs) are on the rise in India. But the insurance on such vehicles is expensive compared to those that run on petrol and diesel. Further, most insurance policies do not cover batteries. The cover on batteries can be bought only as an ‘add-on’ in most policies. Here is a primer on insurance for…
Down south, the Murugappa Group’s Tube Investments of India Ltd had entered the electric vehicle (EV) segment back in 2008 with a scooter brand, but exited quickly in the face of poor demand. Eyeing the electric three-wheeler segment, the Chennai-headquartered finance-to-fertilizers conglomerate entered the market again in 2022 through TI Clean Mobility Pvt. Ltd. The…
To get the best life from batteries, it is desirable to charge them slowly (in three to six hours), and this can be done at places where vehicles are parked for a long time. Overnight charging at home and in office parking slots during daytime would, therefore, not only be the most convenient but also…
India’s market for passenger vehicles has slowed to a crawl. As reported, a forecast made by Indian carmakers at an internal meeting of the Society of Indian Automobile Manufacturers (SIAM) last week points to stagnant sales in 2024-25 at a level of just above 4.2 million units, with barely 1-2% growth expected in 2025-26. While…
The road to faster adoption of electric vehicles (EVs) in India will pass through the railways—not the romantic train travel that stirred the imagination of writers for over a century and continues to inspire Bollywood, but efficient high-speed journeys. If linking trains to EVs seems odd, that’s only because the complementary nature of the two…
Some job postings advertised on social media by Tesla seem to indicate headway in the Elon Musk-owned company’s plans to start selling its electric vehicles (EVs) in India. The company has listed 13 vacancies for roles ranging from “Inside Sales Advisor” and “Consumer Engagement Manager” to “Service Manager” and “Service Advisor” in Mumbai and Delhi….
We have gotten so accustomed to the near-universal availability of electricity that we barely spare a thought for the infrastructure behind it. Generating stations dotted across the length and breadth of India produce power that is fed into an electricity grid which carries it to our homes and offices. The entire system works so reliably…
On Wednesday, India’s cabinet approved a national critical mineral mission. With an outlay of ₹34,300 crore, its aim is to strengthen India’s supply chain for key minerals and achieve self-reliance. The Centre is expected to put in ₹16,300 crore of that sum, with the rest to be raised by public sector units and others. Also…
