Mention
Singapore’s Shado Group Launches Electric Three-Wheeler in Indiaedit
Singapore-based Shado Group, provider of electric vehicle technology and charging infrastructure, has unveiled an affordable, low voltage, and instantly chargeable electric three-wheelers under the brand name, Erick. The company plans to manufacture up to 1,000 units of these three-wheelers per month for the Indian market. The vehicles are designed and manufactured by Bangalore-based Adarin Engineering Technologies following a merger with Shado group.
Industry
What EV push? Govt may give into automaker’s demands due to sector slumpedit
Contrary to the government’s intent of quick electric vehicle (EV) adoption in the country, it is likely to be lax on enforcement, citing the auto sector’s dismal performance, reports the Times of India. Moneycontrol could not independently verify the report.
Give auto industry space to adjust to current slowdown. Electric vehicles will emerge without government curbs on petrol/diesel enginesedit
Government’s decision to backtrack from earlier policy moves to disincentivise internal combustion (IC) engine vehicles to give a boost to electric vehicles will do a world of good to the embattled auto industry which is in the midst of a prolonged slump. Earlier, government was mulling a ban on IC engine three-wheelers from 2023 and two-wheelers below 150cc from 2025. Other measures like a steep increase in the registration fee of IC engine vehicles have also reportedly been put on hold.
How India Inc is cleaning up its actedit
Mahendra Singhi has some interesting stories to tell about what could be a very boring subject: cement. About how he met Nobel-winning climate guru Al Gore during a hastily planned trip to Washington in 1999. That’s where he first learnt about carbon credits or a mechanism that allows companies to buy carbon offsets from outside projects which avoid greenhouse gas emissions.
Low-quality Chinese batteries could slow down India’s EV driveedit
Chinese manufacturers are dumping low-quality battery packs for electric vehicles (EVs) in India, two officials aware of the matter said, similar to the way rejected solar modules were sold here at a discount. While the Chinese government has nudged battery makers to move up the value chain by calibrating subsidies, manufacturers of older models are finding few takers there.
Competition
Local EV component manufacturing will help India globally: Mahesh Babu, CEO, Mahindra Electricedit
Mahesh Babu – CEO, Mahindra Electric talks about EV Ecosystem in the coming 5 years and according to him right decisions and collaborations are happening between government, industry and the ecosystem. He says that local component manufacturing for electric vehicles will help India to become a major global player in the zero-emission vehicle industry.
International
GM, Chinese EV Partner Showcase New Car That May Turn Out To Be The Bolt SUVedit
Numerous legacy carmakers have been saying for the past few years that electric vehicles are the future of their companies, but EVs in the showrooms are still few and far between. GM is one of those companies, saying back in 2017 that they would have 20 electric models by 2023, a date that’s fast approaching.
Electric Car Gold Rush: The Auto Industry Charges Into Chinaedit
In a drab industrial zone of western Shanghai, amid factories that each year crank out hundreds of thousands of gasoline-powered cars, transmissions, and engines, the world’s largest automaker is racing to finish a new sort of plant, one that will produce a car unlike any it has made before.