Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 236,802 units. In 2019-20 sales of electric vehicles (EVs), including electric two-wheelers (E2W), electric three-wheelers (E3W) and electric four-wheelers (E4W), stood at 295,683 units. For FY21, the E2W segment sales declined by 6 per cent to 143,837 units, as compared to 152,000 units in FY20, SMEV said in a statement, adding that the FY21 E2W sales included 40,836 high-speed and 103,000 low-speed E2W. The E3W segment registered sales of 88,378 units as against 140,683 units sold in FY20.
'China is a friendly country and we welcome it for reconstruction and developing Afghanistan'
The company also unveiled ESSI 20, truck with emphasis on green and efficient transportation. Seshasayee said the truck embodies 20 innovative ideas that together deliver 20 per cent better fuel efficiency and correspondingly over 20 per cent reduction in CO2 emissions.
Finance Minister Nirmala Sitharaman on Friday said the government is proposing additional tax deduction of Rs 1.5 lakh on interest paid on home loans taken up to March 2020 for purchase of house up to Rs 45 lakh.
One brown jacket containing three explosive packets and another blue check jacket containing four explosive packets were recovered from his house, a senior police officer said.
He also said it may be adopted for use in every stage of a rocket. He was speaking at the 16th convocation of SRM Institute of Science and Technology, near Chennai.
Toyota is being cautious with the technology, but GM is full-speed-ahead for a 2010 launch of its Volt. To the victor will go the spoils.
'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
Powered by Ziptron technology, the electric SUV for the personal segment comes with a range of 312 km on a single charge and a high voltage system, fast charging capability, extended battery life and class leading safety features. Besides, it has 35 connected car features as well. The Nexon EV will be available in three trim levels across 60 authorised dealerships in 22 cities, the company said at the launch.
This design serves two purposes -- first, keeps the health workers well-ventilated, while preventing bodily discomfort, and second, keeps them safe from various fungal infections.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Modi has set a target of generating 100 Gw of solar power by 2022.
India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.
GST on 17 items used by middle class viz Paints, Refrigerators, washing machines, vacuum cleaners, storage water heaters, TVs up to 68 cm was reduced from 28 to 18 per cent.
Even as India goes green, lack of uniform standards for setting up charging stations is holding back companies. Alnoor Peermohamed reports.
Ahead of the upcoming Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) has asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second avatar has been able to achieve less than 10 per cent of its target. The Rs 10,000-crore FAME-II scheme which is to be implemented over a period of three years, came into effect from April 1, 2019. It is the expanded version of FAME India I (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) which was launched on April 1, 2015, with a total outlay of Rs 895 crore.
The company resurrected electric vehicle market with cars that are visually appealing and performance driven.
The grounding has been a "frustrating experience," McNerney told a US Chamber of Commerce aviation summit.
Boeing sticks with lithium-ion battery despite issues.
Big, Bold and Smart. That's what the MG Hector radiates when you first see it.
This is part of the nine memorandums of understanding (MoUs) worth Rs 5,027 crore, including Hero Group-backed Ather Energy's over Rs 600 crore investment, to establish a manufacturing facility for e-vehicles.
Last week, governments across the world grounded the Dreamliner while Boeing halted deliveries after a problem with a lithium-ion battery on a second 787 plane, flown by All Nippon Airways Co, forced the aircraft to make an emergency landing in western Japan.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
It offers a lease of life to terminally ill patients since heart transplant still remains out of reach for most.
The car entails a Rs 0.50/km cost vs Rs 4.5/km, diesel Rs 2.7/km and CNG Rs 2.12/km.
Tesla began taking orders for its $35,000 Model 3 sedan from Indian customers in April last year.
Scientists at the University of Maryland in US tested the components in the battery which were a thousand times thinner than a piece of paper.
The scientists are, in fact, working with a material called graphene which may form the basis of the next generation of ultrafast energy storage systems.
Automobile dealers' body FADA said the Budget lacked immediate demand boosters for the automobile industry.
According to a New York Times report, senior American government officials said the discovery include huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium.
It's the same sourcing norms that have been a hurdle for multinationals such as Apple Inc in setting up retail operations in India.
The new tax rates will come into effect from January 1, 2019.
The Riversong Wave O2 looks good and feels nice to wear. But it has a few drawbacks, says Debashish Pachal.
The discovery includes huge deposits of iron, copper, cobalt, gold and lithium.
According to News 24, Airbus sales chief John Leahy said that Dreamliner is going to cost a lot in maintenance alone as its architecture is not mature and will require a lot of time, money and redesigning of quite a few systems onboard.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
Scientists claim to have solved the mystery of flammable laptop and cell phone batteries, by finding that "dendrites" are responsible for short circuits that cause the lithium batteries to overheat and catch fire.
The Indica Vista EV is powered by a super-polymer lithium-ion battery that promises 200 km on a single charge and an acceleration of 0 to 100 kph in 10 seconds.
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