SUN Mobility and IndianOil have forged a groundbreaking partnership to establish world’s largest battery swapping network . By 2030, this collaboration aims to establish a vast battery swapping infrastructure, deploying 10,000 stations across 40+ cities. This strategic initiative promises to make battery swapping as accessible as traditional refueling, driving the...
NSE Indices has unveiled the Nifty EV & New Age Automotive Index, designed to track the performance of companies in India’s burgeoning electric vehicle ecosystem. This new index aims to drive investment and innovation in the EV sector, aligning with the country’s push towards sustainable automotive technologies. NSE Indices, a...
As India embraces sustainable and eco-friendly practices, green delivery services are gaining traction. These services prioritize the use of electric or hybrid vehicles, bicycle couriers and eco-conscious packaging to reduce their carbon footprint. EVIFY, a tech-enabled startup with the focus of providing green delivery services to all the E-comm giants...
India has undertaken an ambitious mission to achieve a 30% penetration of electric vehicles (EVs) by the end of this decade. After eight years since the introduction of the FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme to promote EV usage, and with only five months remaining until the...
Electric vehicle manufacturing in India has experienced remarkable growth and transformation in recent years. With a strong focus on sustainability and reducing carbon emissions, the Indian automotive industry is rapidly shifting towards the production of electric vehicles (EVs). In this dynamic landscape of e-mobility, both domestic and international automakers are...
India’s electric vehicle (EV) manufacturing landscape has undergone significant growth and transformation in recent years. Fueled by government initiatives, technological advancements, and a growing environmental consciousness. As India strives to reduce emissions and enhance energy security, the EV manufacturing landscape is emerging as a pivotal force in shaping the future...
Battery-swapping has emerged as a transformative solution with the potential to reshape India’s transportation landscape while advancing its sustainability goals. Currently, India faces the challenge of transitioning to electric vehicles (EVs) to mitigate the environmental impact of traditional internal combustion engine vehicles. In this context, the integration of battery-swapping technology...
India has witnessed an impressive surge in the popularity and adoption of hybrid vehicles. These vehicles combine the benefits of traditional internal combustion engines as well as electric power offering improved fuel efficiency, reduced pollution, and an overall greener alternative. With government incentives, technological advancements, and growing awareness about the...
Reduction in subsidy of electric two-wheelers has led to significant uncertainty in the domestic market, with big brands such as Ather, Matter and Ola Electric pushing up prices across the range. A slash in subsidy percentage under the FAME-II scheme has invited mixed reactions from across the country, with some...
Valued at $3.21 billion in 2022, the Indian EV market is expected to grow to $113.99 billion by 2029, at an annual growth rate of 66.52%. Major policy shifts, cost-effective battery production and flourishing infrastructure are expected to be the crucial drivers for growth in upcoming years. With consistent measures...
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