Sunday, June 23

Tag: Electric Vehicles

Mercedes Benz Ready to go all Electric, Plans for eight Gigafactories
Automobile

Mercedes Benz Ready to go all Electric, Plans for eight Gigafactories

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world's pre-eminent luxury car company is accelerating toward an emissions-free and software-driven future. By 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves. From 2025 onwards, all newly launched vehicle architectures will be electric-only and customers will be able to choose an all-electric alternative for every model the company makes. Mercedes-Benz intends to manage this accelerated transformation while sticking to its profitability targets. "The EV shift is picking up speed - especially in the luxury segment, where Mercedes-Benz belongs. The tipping point is getting closer ...
Beijing to Build 1,628 More Electric-Auto Charging Piles
Automobile, CHINA

Beijing to Build 1,628 More Electric-Auto Charging Piles

China’s capital Beijing has announced to add 1,628 more public charging piles for the new energy vehicles. These fresh charging services will be placed in crowded areas near shopping malls, hospitals, hotels and parks in more than 10 districts around the city. At present, the Chinese city has a total of 132,000 charging piles for new energy vehicles, and with this addition, it is going to expand more. The demand and sale of electric vehicles are increasing day by day. New energy vehicle sales went up 49.5 percent year-on-year to 101,000 vehicles last month, on the other hand, production rose 39 percent to 99,000 vehicles. China has been the world's largest new energy vehicle market for three continuous years. Last year, the country sold around 777,000 vehicles. The country produce...
EVs to Get Upto Rs 1.4 Lakh Subsidy, Petrol Cars to Become Expensive
INDIA

EVs to Get Upto Rs 1.4 Lakh Subsidy, Petrol Cars to Become Expensive

Nowadays, electric vehicles are getting major attraction and therefore, the government has reportedly decided to offer a direct subsidy of around Rs 1.4 lakh for each electric car with an aim to boost sales of the electric vehicles, including cars and two-wheelers and three-wheelers. The particular announcement was made during a meeting of the committee on EVs on 23rd August 2018, which was chaired by Expenditure Secretary AN Jha. Along with this decision, the ministry also decided to increase the allocation of subsidy on e-vehicles from Rs 4,000 crore to Rs 5,000 crore for a period of five years under the second phase of Faster Adoption and Manufacturing of Electric (and Hybrid) vehicles (FAME) scheme. Under the phase 2 of the scheme, the government is looking to see about 8-fold in...
Bengaluru Plans to Set Up 120 Electric Charging Points
INDIA

Bengaluru Plans to Set Up 120 Electric Charging Points

With the increasing demand and manufacturing of electric vehicles, it has been planned that Bengaluru will have electric charging points over 120 locations in the city including IT parks and shopping malls. The brainchild of the Transport Department and the Bengaluru Electricity Supply Company (Bescom) is anticipated to accelerate up the use of electric vehicles. Currently, Bengaluru has around 74 lakh vehicles that depend on fossil fuels. “Electric charging points will be set up in 124 places such as metro stations, airport, BDA complexes, software parks and shopping malls. We are yet to decide where exactly these charging points will come up on these campuses,” a Bescom official, who is in charge of the project said. The same person stated that the project would take about six month...
Mahindra Group to invest $139 Million for Electric Vehicles in India
News

Mahindra Group to invest $139 Million for Electric Vehicles in India

Its not long since government announced its decision to not bring any separate policies for the electric vehicles. As the Electric Vehicles (EV) manufacturers and owners was hoping for the possibility of some added points in the existing policy, they were left a bit disappointed with the outcome. However looks like Mahindra & Mahindra Limited have taken an instance of trust and so have announced a $139 Mn investment in Electric Vehicles over the next four years. The Indian multinational manufacturer as taken such decision as a part of its expansion plans, and will invest $61.9 Mn (INR 400 Cr) in Karnataka and $77.4 Mn (INR 500 Cr) in Maharashtra. It has already invested $92.9 Mn (INR 600 Cr) in Electric automobile in the last five to six years. The current investment is expected ...
India’s First Electric Bike Launched at Auto Expo 2018
Automobile, Tech

India’s First Electric Bike Launched at Auto Expo 2018

Bengaluru based tech startup Emflux Motors has launched India's first electric superbike what they call 'Emflux One' at the Auto Expo 2018 amidst high speed electric cars.   The obvious, Kitna deti hai(what is the average and price)? Emflux One is a high-power beauty powered by Samsung's Li-Ion Batteries, that includes the Samsung SDi Cells which gives it a 200 km pump without compromising on acceleration and speed, the company says. The bike is powered by 60 kW AC induction motor, with power limited to 53 kW from the controller, which gives it a speed of 200 kmph (around 124 mph). The bike can reach from 0-100 km/h in just 3 seconds (for techies out there - the motor provides a torque of 84 Nm @ 8400 rpm, which is pretty amazing given it is battery powered). The highway r...
Electric Vehicles and its Impacts on Future
Automobile

Electric Vehicles and its Impacts on Future

"We will not stop until every car on the road is electric"- Elon Musk The above line by founder of Tesla (world's first electric automobile company) is somewhat going to be true in upcoming decades. Electric vehicles are taking over the traditional diesel and petrol engines, due to the growing concerns on fossil fuel consumption and pollution; electro-mobility is now bound to happen in the following decade. Going back into the history, a similar transition happened when horses were replaced by high-horsepower internal combustion engines that gave birth to the automobile sector, which is now a prominent figure in GDP of most countries in the world. “HUMAN inventiveness…has still not found a mechanical process to replace horses as the propulsion for vehicles,” lamented Le Petit Journ...
How Tesla’s First Truck Charging Stations Will be Built
Tech

How Tesla’s First Truck Charging Stations Will be Built

Elon Musk, the chief executive of Tesla Inc, has said little about how he plans to turn his prototype electric truck into reality. But Reuters has learned that Tesla is collaborating with Anheuser-Busch, PepsiCo and United Parcel Service Inc to build on-site charging terminals at their facilities as part of the automaker’s efforts to roll out the vehicle next year. Details of the partnerships, which have not been disclosed previously, are still being hammered out, but include design and engineering from Tesla, the companies said. They declined to disclose what portion of the building costs, if any, Tesla would pay, or whether Tesla would be compensated for its work. The firms are among nine major corporations that have placed pre-orders for Tesla’s truck, dubbed the Semi. With ...
M&M Says Price Quoted By Tata For Electric Cars Is ‘Hard To Comprehend’
INDIA

M&M Says Price Quoted By Tata For Electric Cars Is ‘Hard To Comprehend’

Mahindra & Mahindra, the sole maker of electric cars says the bid by rival Tata Motors which it bid in the contract with Energy Efficiency Services (EESL) is too low. “We find the price (quoted by Tata Motors) hard to comprehend,” Mahindra managing director Pawan Goenka said. Last week, Tata Motors offered to supply the electric vehicles at Rs 11.2 lakh each, inclusive of the GST and a five-year warranty. Mahindra quoted more than Rs 13 lakh and subsequently agreed to match the bid by Tata Motors to win part of the order. The tender was for 10,000 vehicles. Tata Motors earlier was supposed to supply the electric vehicles (EVs) in two phases– 500 e-cars in the first phase in November 2017 and the remaining 9,500 EVs in the second phase. But now, since M&M has qualified, it will...
After Tata, Mahindra & Mahindra Bagged The Electric Car Contract From Indian Government
BUSINESS

After Tata, Mahindra & Mahindra Bagged The Electric Car Contract From Indian Government

State run Energy Efficiency Services (EESL) on Wednesday said that Mahindra & Mahindra has matched the Tata Motor's lowest bid price to supply 150 electric vehicles. The stocks of Mahindra & Mahindra shot up by 2% as soon as the it grabbed the deal. "Post the tender opening, Tata Motors had emerged as the lowest bidder and Mahindra as the second lowest bidder. Mahindra has agreed to match the lowest bidding pricing for phase I and has, therefore, qualified to supply 150 electric vehicles, as per the tender conditions," State-run Energy Efficiency Services Limited (EESL) said in a statement. Tata Motors earlier was supposed to supply the electric vehicles (EVs) in two phases– 500 e-cars in the first phase in November 2017 and the remaining 9,500 EVs in the second phase. But now...
Tata Motors Bags Rs 1120 Crore Order For Procuring Electric Cars To Government
INDIA

Tata Motors Bags Rs 1120 Crore Order For Procuring Electric Cars To Government

Tata Motors raises Rs 1120 crore order from Energy Efficiency Services Ltd (EESL) for procuring 10,000 electric cars, which will replace diesel and petrol cars used by government and its departments, an effort to cut fuel consumption and reduce pollution. Tata Motors will supply the electric vehicles (EVs) in two phases-- 500 e-cars in the first phase in November 2017 and the remaining 9,500 EVs in the second phase, EESL said in a statement. The bidding around also saw participation from Mahindra & Mahindra (M&M) and Japanese carmaker Nissan. Mahindra & Mahindra, the other contender, can win part of the order if it matches the bid by Tata Motors. "The vehicle will be provided for Rs 11.2 lakh, which will be inclusive of GST and comprehensive 5-year warranty which is 25 p...