On the surface, the collaboration seems like a masterstroke: Toyota brings global EV pedigree, and Maruti has local manufacturing prowess and market reach. But it’s more complex than that.
BluSmart became a disruptor in the clean mobility industry with a fleet of all-electric cabs. Now, SEBI is probing Rs 978 crore loans and has barred the co-founders from accessing the market.
Despite Tesla’s tremendous brand image and Musk being one of the most influential figures on the planet, he may struggle to compete in India’s EV market.
With the Creta Electric, Hyundai is clearly targeting buyers who might want to switch to electric but remain hesitant and prefer a familiar brand and product.
Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.
PM E-DRIVE scheme, replacing FAME, is aimed at incentivising the uptake of electric vehicles. PM-eBus Sewa PSM scheme to support deployment of over 38,000 e-buses for 5 years.
Making a jump from internal combustion engines to electric vehicles is the kind of romantic prospect that would appeal to India, which jumped from a shortage of landline phones to an abundance of smartphones.
By Dhwani Pandya and VarunVyas Hebbalalu MUMBAI (Reuters) - The joint venture between India's JSW Group and MG Motor, which is owned by China's SAIC Motor, is targeting 1 million electric vehicles
Even as India, Pakistan have seemed on the edge of war, their intelligence services have often sought to find space to de-escalate tensions and reduce risks for the two countries.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
In largest overhaul of military command in 5 decades, Field Marshal Asim Munir set to assume post of Chief of Defence Forces tomorrow, as Army claims primacy in Pakistan armed forces.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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