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
In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
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