Mention
SUN Mobility’s Chetan Maini Invests In EV Tractor Startup AutoNxt Automationedit
Even though India has been late to catch the trend of electric mobility, the country has now evolved to a point where first-generation electric mobility entrepreneurs are building on the next wave of entrepreneurs in the electric vehicle industry. Sun Mobility’s Chetan Maini and Sandeep Maini have announced their investment in the ongoing funding round of AutoNxt Automation Pvt. Ltd.
Industry
E-vehiclesedit
2,000 e-vehicles have been procured by Energy Efficiency Services, as against initial target of 10,000 owing to lack of demand.
Buying electric vehicles expected to take a toll on TTD’s financesedit
The Tirumala Tirupati Devasthanam’s decision to replace its fleet of diesel vehicles with electric cars will take a toll on its finances, but in the long will yield invaluable returns in the form of lesser pollution in the ghat roads leading to the temple.
How Kolkata’s Public Transportation is Tackling Air Pollutionedit
Kolkata is pioneering greener commutes citywide – and thanks to an innovative project to deploy more electric buses and ferries, the city now ranks fifth on a list of places that are reducing their annual emissions. In fact, Kolkata is just behind megacities Chengdu, Delhi, London and New York in terms of reducing carbon emissions.
Chandigarh: Electric bus rides not far away, clean air goal closeredit
After numerous exercises since 2016, electric buses may finally soon be a reality on the city roads. The transport department of the UT administration has opened the received bids to get 40 electric buses for the city and is examining their technical and financial aspects, as per the laid down norms.
Competition
Greaves Cotton hikes stake in Ampere to 100%edit
Greaves Cotton has announced the completion of its acquisition of the entire shareholding of Hemalatha Annamalai in Ampere Vehicles through secondary purchase. As a result, Greaves Cotton has now acquired absolute control in its subsidiary Ampere Vehicles. Last year, Greaves picked up just over 67% stake in Ampere for Rs 77 crore. Four months ago, Greaves Cotton had increased its holding in Ampere from 67.34% to 81.23% by investing an additional Rs 38.49 crore.
Retrofitting technology to convert conventional cars into EVedit
Claiming to be an initiative to provide a sustainable solution to air pollution in Delhi, an Electric Vehicle startup company has launched a technology of EV conversions here on Thursday. BharatMobi, the startup, said EV retrofitting or conversions can be the best choice in every individual’s capacity to contribute for a pollution free India.
International
‘Greenwashing’ Automakers Are Failing To Support Electric Cars, Putting Future Viability In Jeopardy, Study Saysedit
Though a majority of automakers are committed to developing and selling electric cars in the coming years, a prominent environmental group says manufacturers and dealers alike are showing little enthusiasm for stocking and marketing them.
As Air Pollution Worsens In Vietnam, Electric Vehicles Begin To Gain A Footholdedit
Motorbikes swamp the streets of Ho Chi Minh City, taking advantage of the dangerous porosity among cars, buses and curbs to weather ever-more-obvious traffic jams. Almost all run on gas. They make noise. And they pollute.
Volkswagen expanding electric vehicle production in USedit
Volkswagen is making Tennessee its North American base for electric vehicle production, breaking ground on an $800 million (727 million euro) expansion at its plant in Chattanooga. Volkswagen of America CEO Scott Keogh was at the factory Wednesday for the expansion’s groundbreaking ceremony. In an announcement from Volkswagen, Keogh called it a “a big, big moment” for the company.