Electric Cars

car&bike Team

Feb 1, 2019, 4:49 AM

Union Budget 2019: SIAM Welcomes Government's Cut On Import Duty For Electric Vehicle Components

The Society For Indian Automobile Manufacturers (SIAM) has welcomed the central government's move to lower the import duty on CKD and SKD of electric vehicle components. The notification issued by the government earlier this week stated that the parts and components for electric vehicles imported in the country will be lowered by 10 to 15 per cent. Previously, the vehicle parts and components imported for assembly in India attracted an import duty of 15 to 30 per cent. The Central Board of Indirect Taxes and Customs (CBIC) has created a separate category for parts and components for electric vehicles. The CBIC has also removed customs duty exemption to battery packs for electric vehicles and also doubled the duty on battery packs for mobile phones.

1 Min

• 
  car&bike Team | Jan 31, 2019

  Tata Motors To Supply Tigor EVs To Capgemini India

  Tata Motors has announced its new partnership with consulting, technology and digital transformation company Capgemini for the supply of Tigor electric vehicles. The Tata Tigor EVs will be used for internal transportation at Capgemini campuses across three major cities - Bengaluru, Chennai, and Hyderabad. The automaker has tied up with mobility solution company Karthik Travels, to manage to smooth induction of the Tigor EVs in the tech company's transport ecosystem. The first batch of the Tigor EVs were handed over to Capgemini officials by the Tata team at the company's Bengaluru campus.

  1 min read
• 
  car&bike Team | Jan 22, 2019

  Nissan Leaf India Launch Confirmed For 2019

  Nissan India has confirmed that the popular electric car, the Nissan Leaf, will definitely be launched in India in 2019.

  1 min read
• 
  car&bike Team | Jan 17, 2019

  Mahindra Electric Launches Nemo Life App

  Mahindra Electric has launched the Nemo Life App on the occasion of completing 100 million kilometres running by Mahindra EVs on Indian roads.

  1 min read
• 
  Sameer Contractor | Jan 15, 2019

  India's First All-Electric Cab Services 'Blu-Smart' Launched In Delhi-NCR

  India's first all-electric cab services 'Blu-Smart' has been launched in Delhi-NCR. Gensol Mobility, part of the Gensol group, is the company behind Blu-Smart and has inducted only electric vehicles are part of its fleet for the national capital region. The service aims to provide a smart urban electric mobility option for consumers, according to the company. The new service comes as air pollution has been on alarming levels in Delhi, while the central government has been promoting electric vehicles for its employees and personnel. The company will be using Mahindra e-Verito cars as its electric cabs in Delhi-NCR and has partnered with Mahindra & Mahindra.

  1 min read
• 
  car&bike Team | Jan 12, 2019

  Honda Jazz EV Spotted Testing In India

  Recently the Honda Jazz EV was spotted testing in India, for the first time, in its undisguised avatar with all the badging. While the car could be here simply for R&D purpose, but this does beg the question, is Honda planning to join the bandwagon of carmakers gearing up to launch electric cars?

  1 min read
• 
  car&bike Team | Jan 10, 2019

  Ministry Of Finance Inducts 15 Mahindra e-Verito Electric Vehicles In Its Fleet; Opens 28 Charging Points At North Block

  The Department of Economic Affairs, Ministry of Finance has signed an agreement with Energy Efficiency Services Limited (EESL) for the deployment of 15 electric vehicles for their officers. The electric cars handed over by EESL to the Finance Ministry include the Mahindra e-Veritos. EESL also sources the Tata Tigor EVs that that are used in the government fleet. In addition to the 15 electric vehicles, the government also set-up 28 electric vehicle charging points that include 24 slow charging points and four fast charging points at the North Block. With 15 EVs in its fleet, the government said that the Department of Economic Affairs is expected to save 36,000 litres of fuel every year, and will reduce over 440 tonnes of CO2 emissions annually.

  1 min read
• 
  Reuters | Jan 8, 2019

  EV Startup Byton Aims To Raise $500 Million To Fund Growth

  Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China's government promotes new energy vehicles (NEVs), a category comprising battery-powered and plug-in battery-petrol hybrid cars, to help reduce air pollution and support high technology development. Byton is keen to primarily attract foreign investors in its latest fundraising and the proceeds will be mainly used to finance the mass production of its first premium electric SUV vehicle - Byton M-Byte and research and development, one of the sources said on condition of anonymity as discussions are still private.

  1 min read
• 
  car&bike Team | Jan 7, 2019

  Tesla Set To Become America's Largest Premium Automotive Company

  2018 hasn't been a cakewalk for Tesla and the Electric carmaker has had its share of challenges in the previous year. For instance, the deliveries of Tesla Model 3 were delayed due to sluggish production and the company has also been penalised by SEC over the infamous tweets of its CEO- Elon Musk about taking Tesla private and both Musk and Tesla will have to pay $ 20 million. Despite legal and financial hurdles, Tesla is afoot to become America's number-one premium automotive company as it has sold more units than most of the other premium carmakers in the States like Lexus, Infiniti and Acura. However, the electric carmaker is still few thousand units behind of Mercedes-Benz and BMW.

  1 min read