Ford India has decided to drop plans to manufacture EVs in India

In September 2021, Ford pulled the plug on all manufacturing activities in India but later showed intentions to produce EVs for exports

Bookings for Kia EV6 to start from 26th May 2022

Key Highlights of the product are as below:

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Omega Seiki to set up the world’s largest electric three-wheeler manufacturing plant in India

The proposed plant will come up in Karnataka over 250 acres and with an investment of $250m

Hyundai is preparing the grounds for its Ioniq 5 launch in India

It has tied up with Tata power to improve charging infrastructure for its customers

Valvoline ready with their Electric vehicle specific lubricants for India

They have a complete range including additives, lubricants, and even antifreeze coolants for EV

Today Tesla opened their Supercharger network to non-Tesla owners in 5 more countries

These countries are Austria, Belgium, Spain, Sweden, and the UK.

Ather partners with Magenta to set up EV charging grids across India

Thru this partnership, Ather would install its public charging unit called “Ather Grid” across Magenta’s charging infrastructure locations

Mahindra to partner with Volkswagen to source electric vehicle components

M&M is in the process of developing a Born Electric Platform to underpin their future electric vehicles

Stellantis is betting big on EVs for India.

The group which owns brands like Peugeot, Citroen, Fiat, Chrysler, Opel, Alfa Romeo, and Vauxhall is planning to launch at least 3 EVs under the Citroen brand in India over the next 3 years

Exide has started mass manufacturing of Li-ion batteries in India

Nexcharge is a joint venture between Exide and Switzerland based Leclanché SA, formed to indegnise the Li-ion battery manufacturing in India

In India, 3 Crore EVs will be on road in next two years

Currently 12 lakh EVs are on Indian roads, this will go upto 40 lakhs by end of this year and would reach to 3 Crores in 2 years time

Honda recently launched its City with eHEV technology in India

Its a “Series-Parallel Strong hybrid” system wherein both engine and motor can drive the wheels in different modes

Toyota to invest $624m in India to make EV parts

Toyota is aligning its own green targets with India’s ambitions of becoming a manufacturing hub.

Tata launches Nexon EV Max with more power and 40% more range, priced at an attractive Rs. 17.7 lakhs

The vehicle comes with 30 new features, key ones are listed below

Automotive components major Anand Group forays into EV Business with a $150m investment

The $1.5bn group has been running several JVs with Mahle, Mando, Dana, etc. in the Automotive space for the last 60 years

Tata Motors wins tender to supply 5450 electric buses

Convergence Energy Services Ltd. (CESL) issued the tender under the Centre’s FAME II initiative across five major cities: Kolkata, Delhi, Bangalore, Hyderabad, and Surat

Here is an interesting chart of Auto OEM’s investment in EV Battery cell manufacturing firms

OEMs are clearly spreading their risk by investing in more than one cell manufacturer.

EV sales in India for the last 5 quarters

From a meager 65K/ quarter to 1.95 lakh units representing 3 times volume growth mainly driven by electric two-wheelers and cars

Tata has unveiled a pathbreaking electric car last week named “Avinya”

Here are the 5 things you should know about the car

Hero electric could not despatch even a single eScooter in April because of Chip shortage

Reduced despatches at Hero electric means some of their dealerships have no stocks and the waiting list for its customers have gone upto 60 plus days

Saudi government to buy 100,000 EVs from Lucid. Lucid is a California-based EV startup part-owned by the Saudi investment fund.

In a path-breaking contract, Saudi government has agreed to buy 100,000 Lucid EVs over the span of the next 10 years

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The city’s first solar-powered EV charging station was inaugurated in Mumbai

Telangana based Solar major, Visaka industries have set up Mumbai’s first 100% solar-powered EV charging station

Chota haathi is going electric. With this, last-mile logistics gets a green boost.

Tata Motors unveiled Electric ACE and bagged 39,000 vehicle orders