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India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
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7 Electric Two-Wheeler Makers To Pay Rs 469 Crore For Violating Centre's Norms
The Centre has sought Rs469crorefrom seven electric two-wheeler makers, including Hero Electric and Okinawa for claiming incentives while not complying with the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme norms.
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Hero Electric to Make 10 Lakh Vehicles Annually in Coming Years, Will Set Up 1,200-Crore Plant in Rajasthan
Hero Electric on Wednesday said it is set to produce over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant at Rajasthan with an annual production ca...
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Zypp Electric Raises $25 Million Funding, Aims to Expand to Mumbai, Chennai by 2025
Zypp Electric said on Wednesday it has raised $25 million (nearly 206 crore) in a series B funding round led by Taiwanese battery-swapping service provider Gogoro, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size. The startup, which provides EVs for last-mile delivery for online stores, plans on using t...
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Hero's First Electric Scooter Hero Vida Launched, Bookings to Begin From October 10
India's Hero Moto, the world's biggest motorcycle maker by sales, launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in the shift to cleaner transport. Hero has been a laggard in launching electric two-wheelers, giving startups such as Ather Energy, which is backed by Tiger...
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Don't Buy EV Stocks. Do This Instead To Profit From The EV Boom
The safest way to play the EV story is via this sector. Read all about it...
-
Hero MotoCorp To Launch Its 1st Electric Vehicle Next Month
The country's largest two-wheeler maker Hero MotoCorp is all set to foray into the electric segment next month with the launch of its first model in the domestic market.
-
Government Vigilant About EV Safety Standards, Expert Committee to Tackle Safety-Related Issues, Minister Says
The government has constituted an expert committee to tackle safety-related issues in connection with electric vehicles (EVs), Minister of State for Heavy Industries Krishan Pal Gurjar said in a written reply to a question in the Lok Sabha on Tuesday. The committee has been given the responsibility to tackle the safety-related recent issues of EVs ...
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Electric Vehicles Going Mainstream; Fire Incidents Help Industry Mature, Focus on Quality, Ather CEO Says
Ather CEO Tarun Mehta said on Sunday that electric two-wheelers are going mainstream in India and that fire incidents will help the industry mature, while manufacturers focus on quality. Mehta was responding to a query on how the fire incidents of electric two-wheelers of various manufacturers, such as Ola Electric, Okinawa, PureEV and even Ather's...
-
Hero Electric Rolls Out First Batch of E-Scooters From Mahindra’s Madhya Pradesh Facility
Electric Vehicle maker Hero Electric has rolled out the company’s first batch of e-scooters from a Mahindra facility in Madhya Pradesh. As part of a five-year deal with Mahindra, Hero Electric will manufacture its Optima and NYX e-bikes at Mahindra's Pithampur plant. The deal with Mahindra is part of Hero Electric’s growth and expansion plans, ...
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Tribunal Allows Hero MotoCorp To Sell Electric Vehicles Under 'Hero' Trademark
The country's largest two-wheeler maker Hero MotoCorp can use the 'Hero' trademark to sell its upcoming electric vehicles, as per a ruling by an arbitration tribunal.
-
Two-Wheeler Sales May 2022: Ather Energy Reports Best-Ever Monthly Sales With 3,787 Units
Ather Energy managed to eclipse its sales from April 2022 with 3,787 units sold in May 2022, registering the company's best-ever monthly sales so far.
-
Hero MotoCorp To Export Electric Vehicles To Latin America, Europe: Report
While India will be the primary market for Hero's electric brand 'Vida', the manufacturer seems to be bullish right from the start and is expanding geographies.
-
Hero Electric Partners With EVIFY To Transform Last Mile Delivery Services
EVIFY is a tech-enabled logistics company which uses electric vehicles. Hero Electric will be delivering 500 EVs to be deployed by EVIFY.
-
Hero Electric Partners With EV Logistics Company Evify, to Deploy 1,000 Electric Scooters in Next 2 Years
Hero Electric has joined hands with EVIFY, a tech-enabled electric vehicle-based logistics company. As per the partnership, Hero Electric will deploy 1,000 electric scooters to EVIFY in the next two years.
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
7 Electric Two-Wheeler Makers To Pay Rs 469 Crore For Violating Centre's Norms
The Centre has sought Rs469crorefrom seven electric two-wheeler makers, including Hero Electric and Okinawa for claiming incentives while not complying with the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme norms.
-
Hero Electric to Make 10 Lakh Vehicles Annually in Coming Years, Will Set Up 1,200-Crore Plant in Rajasthan
Hero Electric on Wednesday said it is set to produce over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant at Rajasthan with an annual production ca...
-
Zypp Electric Raises $25 Million Funding, Aims to Expand to Mumbai, Chennai by 2025
Zypp Electric said on Wednesday it has raised $25 million (nearly 206 crore) in a series B funding round led by Taiwanese battery-swapping service provider Gogoro, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size. The startup, which provides EVs for last-mile delivery for online stores, plans on using t...
-
Hero's First Electric Scooter Hero Vida Launched, Bookings to Begin From October 10
India's Hero Moto, the world's biggest motorcycle maker by sales, launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in the shift to cleaner transport. Hero has been a laggard in launching electric two-wheelers, giving startups such as Ather Energy, which is backed by Tiger...
-
Don't Buy EV Stocks. Do This Instead To Profit From The EV Boom
The safest way to play the EV story is via this sector. Read all about it...
-
Hero MotoCorp To Launch Its 1st Electric Vehicle Next Month
The country's largest two-wheeler maker Hero MotoCorp is all set to foray into the electric segment next month with the launch of its first model in the domestic market.
-
Government Vigilant About EV Safety Standards, Expert Committee to Tackle Safety-Related Issues, Minister Says
The government has constituted an expert committee to tackle safety-related issues in connection with electric vehicles (EVs), Minister of State for Heavy Industries Krishan Pal Gurjar said in a written reply to a question in the Lok Sabha on Tuesday. The committee has been given the responsibility to tackle the safety-related recent issues of EVs ...
-
Electric Vehicles Going Mainstream; Fire Incidents Help Industry Mature, Focus on Quality, Ather CEO Says
Ather CEO Tarun Mehta said on Sunday that electric two-wheelers are going mainstream in India and that fire incidents will help the industry mature, while manufacturers focus on quality. Mehta was responding to a query on how the fire incidents of electric two-wheelers of various manufacturers, such as Ola Electric, Okinawa, PureEV and even Ather's...
-
Hero Electric Rolls Out First Batch of E-Scooters From Mahindra’s Madhya Pradesh Facility
Electric Vehicle maker Hero Electric has rolled out the company’s first batch of e-scooters from a Mahindra facility in Madhya Pradesh. As part of a five-year deal with Mahindra, Hero Electric will manufacture its Optima and NYX e-bikes at Mahindra's Pithampur plant. The deal with Mahindra is part of Hero Electric’s growth and expansion plans, ...
-
Tribunal Allows Hero MotoCorp To Sell Electric Vehicles Under 'Hero' Trademark
The country's largest two-wheeler maker Hero MotoCorp can use the 'Hero' trademark to sell its upcoming electric vehicles, as per a ruling by an arbitration tribunal.
-
Two-Wheeler Sales May 2022: Ather Energy Reports Best-Ever Monthly Sales With 3,787 Units
Ather Energy managed to eclipse its sales from April 2022 with 3,787 units sold in May 2022, registering the company's best-ever monthly sales so far.
-
Hero MotoCorp To Export Electric Vehicles To Latin America, Europe: Report
While India will be the primary market for Hero's electric brand 'Vida', the manufacturer seems to be bullish right from the start and is expanding geographies.
-
Hero Electric Partners With EVIFY To Transform Last Mile Delivery Services
EVIFY is a tech-enabled logistics company which uses electric vehicles. Hero Electric will be delivering 500 EVs to be deployed by EVIFY.
-
Hero Electric Partners With EV Logistics Company Evify, to Deploy 1,000 Electric Scooters in Next 2 Years
Hero Electric has joined hands with EVIFY, a tech-enabled electric vehicle-based logistics company. As per the partnership, Hero Electric will deploy 1,000 electric scooters to EVIFY in the next two years.
