Maruti Suzuki India to localise EV components in a few years

[ad_1] A person uses an Electric Vehicle charging station installed by Greater Hyderabad Municipal Corporation (GHMC) and Telangana Renewable Energy Development Corporation Ltd, in Hyderabad on Thursday, June 20, 2024. | Photo Credit: Nagara Gopal Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of […]

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Maruti Suzuki pitches for tax support for hybrid vehicles

[ad_1] Shashank Srivastava, Senior Executive Director, Marketing & Sales, Maruti Suzuki said that domestic passenger vehicle sales is likely to see the best ever sales this year of almost 4 million units or 40 lakh units, despite the semiconductor shortage Shashank Srivastava, Senior Executive Director, Marketing & Sales, Maruti Suzuki said that domestic passenger vehicle […]

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India needs to set up 46,000 EV charging stations by 2030 to match global benchmark

[ad_1] India needs to set up 46,000 electric vehicle charging stations by 2030 to reach global benchmark, suggests a white paper released on Friday. EV charger ratio is 6 both for China and the Netherlands, 19 for the U.S. while it stands 135 for India. That means there is one charger per 135 EVs in […]

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British impact investor BII to invest ₹1,925 crore in new EV Co of M&M

[ad_1] In a major boost for Electric Vehicles (EV) manufacturing in India, British International Investment (BII), the U.K.’s Development Finance Institution and impact investor has entered into a binding agreement with Mahindra & Mahindra Ltd (M&M) to invest up to ₹1,925 crore into a wholly-owned subsidiary of M&M that will be newly incorporated (EV Co).  […]

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Regulation for EV charging stations on the cards in Kerala

[ad_1] The Kerala State Electricity Regulatory Commission is planning to bring in a regulation governing the sale of electricity through electric vehicle (EV) charging stations. In determining the electricity tariffs for the 2022-23 fiscal, the Commission has fixed ₹ 8 per unit as the ‘ceiling rate’ that can be charged by EV charging stations/outlets. However, […]

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