The first phase of Ola Future factory is nearing completion shortly, following which production trials.
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Four auto sector trends to look at in the next five years
India is expected to be the world's third-largest automotive market in terms of volume by 2026 and is currently valued at $118 bn. Despite the ongoing pandemic, the Indian auto industry has shown immense resilience and is facing the challenges posed by the pandemic head-on. The government is also taking adequate initiatives to boost the auto industry by offering product-linked incentives, scrappage policy etc. Manav Kapur, Executive Director, Steelbird International, delves into the automotive sector rapidly integrating technologies in the coming future.
SIAM hosts lecture on on-road safety, operations & maintenance of EVs
Society of Indian Automobile Manufacturers (SIAM) organised a virtual 13th Lecture, part of SIAM’s ‘Walk the Talk’ campaign, on ‘Electric Vehicles in India: On-Road Safety, Operations & Maintenance’.
Ashok Leyland to source E-Buses for sustainable employee transportation
This step follows the recent announcement of sourcing clean energy from Hinduja Renewables for its operations. Together, this will help the company further reduce its carbon footprint.
Magenta and HPCL install first street lamp integrated EV charger
This is designed exclusively to offer an energy-efficient streetlight combined with an EV charging point.
Ashok Leyland subsidiary Optare delivers 21 battery EVs to UK based First York
The Metrodecker is a part of 107 Metrodecker EV order that Optare received since the product was launched 18 months ago.
Ampere Vehicles partners with Autovert Technologies for battery subscription
This collaboration offers a unique battery subscription plan through an IOT backed platform to make the company’s EVs more affordable.
FICCI recommends post Covid support for electric vehicle industry
Some key takeaways from the recommendations are such as continuation of FAME II for two more years, higher short-term booster incentives for consumers, support for in-house R&D & more.
Ampere Vehicles acquires 74 per cent stake in e-rickshaw maker BAPL
This acquisition will strengthen Ampere Vehicle’s market positioning as leading E-Mobility business in India.
FICCI recommends to extend FAME-II for two years to boost EV demand
The recommendations, submitted by FICCI's EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles.