Tuesday, 25 January, 2022
TopicElectric vehicle

Topic: Electric vehicle

Bengaluru-based electric scooter startup to invest up to Rs 2,500 crore in new plants

Simple Energy is building an initial facility with the capacity to produce 10 lakh scooters a year. It aims to open a second plant by 2023 and make 1.25 crore scooters annually.

UK to extend 750 million pounds for green projects in India, commits new funds for EVs

This is part of UK's India Green Guarantee to the World Bank, announced at COP26. UK has also committed 210 million pounds to fund green projects in developing countries.

Ola’s new e-scooter factory is women-only, aims to build 10 million two-wheelers by 2022

The e-mobility business is expected to make its debut next year with the vision to provide the world 'clean mobility, a carbon-negative footprint, and an inclusive workforce'.

Tesla to start exporting made-in-China Model 3 sedans to Europe

Tesla's Shanghai factory opened for local deliveries at the start of this year. It will start shipping cars to more than 10 countries, including Germany, France & Switzerland.

Electric vehicles aren’t enough to clean up city’s energy systems

An investment of €6 billion in Electric Vehicle charging infrastructure could yield over €12 billion in human health benefits from improved air quality.

Hyundai considers global recall of electric vehicle Kona after battery fire reports

Yonhap News reported Monday that Hyundai will recall 77,000 Kona EVs worldwide. The affected vehicles were produced between September 2017 and March 2020.

Carmakers can’t turn out electric vehicles cheap enough to convert Indians

Govt is pushing for faster adoption of electric vehicles — hoping 15% of all vehicles on roads will be electric in 3 years. But they cost too much.

British icon MG Motor to sell electric SUV in India where few can afford them

MG Motor & Hyundai are trying to grab early mover’s advantage in the world’s fourth-largest automobile market as PM Modi pushes India to adapt cleaner energy.

India gets its first electric vehicle as Hyundai launches Kona SUV

Hyundai’s electric car plan is betting on PM Narendra Modi’s attempt to move India towards cleaner energy in everything.

The latest bright idea from an IIT lab — cars that run on water and aluminium

IIT-Roorkee engineers develop electric car prototype that needs ‘refuelling’ not recharging, say it won’t cost any more than your petrol or diesel vehicle.

On Camera

YourTurn

Why Federal Reserve will no longer have pandemic-era investors’ backs

Inflation is top of mind for all leaders in Washington and US President Joe Biden, whose approval ratings are sliding, appears less inclined to count on hope as a strategy.

SEBI seeks tighter environmental, social & governance rules to address risk of greenwashing

In a consultation paper released Monday, SEBI said increasing reliance on unregulated ESG rating providers poses risks to investor protection, transparency & efficiency of markets.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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