Home Blog Page 287

Electric Two-Wheeler: Sales in India crosses past 435,000 units with Ola taking the market lead

0

Clearly, India’s electric two-wheeler growth narrative is improving month after month. If overall retail sales reach 51,405 units for the first time in a month in August 2022, September retail sales will be 53,938 units, a 20% increase over July’s 44,844 units. Things only got better in the festive months of October (76,458 units) and November (76,438 units), with e-two-wheeler sales exceeding 75,000 units for the first time in India Auto Inc’s history and for the second month in a row. And, with the wedding season continuing until mid-December, the giving of electric scooters and motorcycles could fuel this market even more this month.

A thorough dive into the retail sales of e-two-wheelers utilising new vehicle registration data from the government of India’s Vahan portal provides a detailed view of the industry’s progress. A quick glance at the retail sales data table (at the bottom of this report) reveals that 436,069 units were sold in the first eight months of the current fiscal year. This equates to 1,787 e-two-wheelers sold each day for the 244-day period from April to November 2022.

The top ten OEMs sold 69,831 units in November, accounting for an astounding 91% of total sales. Similarly, the Top 10 – Ola Electric, Okinawa Autotech, Hero Electric, Ampere Vehicles, Ather Energy, TVS Motor Co, Bajaj Auto, Revolt Intellicorp, Pur Energy, and Being India Energy – account for 394,781 units or 90% of total retails from April to November 2022. Another 20 or so OEMs are also vying for a piece of the action in India’s burgeoning e-two-wheeler sector.

Interestingly, according to a widely publicised media rumour from ComputerWorld, Amazon, which employs over 1.6 million people worldwide, may lay off 20,000 employees, including corporate executives. However, the company has maintained that it did not lay off employees, but rather changed its organisation in times of crisis.

Ola Electric, which has benefited from the change to electric mobility, leads the sector with 77,753 units sold between April and November 2022, accounting for a 20% market share.

Electric
credit: autocarpro

After beginning FY2023 with retail sales of 12,707 units in April 2022, the company has topped monthly sales for three months in a row: September (9,890 units), October (16,330 units), and November (16,330 units) (16,325 units).

The festive discount of Rs 10,000 on the Ola S1 Pro, which was launched on August 15 at an introductory price of Rs 99,999, has greatly benefited the company. Two months later, on October 22, Ola Electric brought the EV battle to the mass-market ICE scooter class with its new S1 Air, which costs Rs 79,999.

On November 4, Ola rolled out its 100,000th scooter from its all-women-run Futurefactory in Krishnagiri, Tamil Nadu, marking the company’s first production milestone in just 11 months. Meanwhile, Ola has been increasing its D2C footprint, claiming that it will establish 100 locations by the end of December 2022 and 200 by March 2023.

Also Read:

Source

The all-electric Porsche Macan Spotted

0
All-electric Porsche Macan Spotted

It’s not hidden news that Porsche has been working on the each-electric Macan. Before the product spec model arrives presumably around 2024, these asset shots of the Macan EV sprinting around the Nurburgring give us sapience into what to anticipate from the sports car marque’s second each- electric vehicle.

All-electric Porsche Macan Spotted

Porsche Electric Macan

It’s still a bit too beforehand to talk about design as the filmland you see then is of the prototype. Though it has those large fake headlamps to freak you out, keen-eyed observers will notice the cut- eschewal for the satiny headlamps placed on top. It will get airheads below, which should come useful for cooling vital factors.

The profile also looks a bit vague at the moment due to the disguise rudiments used to trick your eyes ( the fenders have fake exhausts!). But what we can surely tell is it’ll have connected tail lights and large blends. Plus, the presence of a pop-out spoiler gives away the fact that the electric SUV will have a host of active aero enchantments.

All-electric Porsche Macan Spotted

Inside, the Macan EV features a blend of corridors from the 911 and the Taycan. For case, the placement of the twisted instrument display and touchscreen infotainment reminds us of the Taycan. While the placement of climate controls( thankfully with physical controls) around the gear switch does give a hint of the 911.

Reportedly, the Macan EV will be grounded on what Porsche calls, the PPE platform, that’s largely analogous to the Taycan’s armature. Exact specialized specifications aren’t out yet, but we’ll keep it simple for you. Like the Taycan, you can anticipate either single or binary motor options in colorful melodies and multiple battery pack options.

The Porsche Macan EV, also, will be the second each-electric model after the Taycan from the sportscar maker. It’ll also gauge an ICE-powered model on trade alongside its greener stock.

 

Two-Wheeler Sales in November 2022 of Ather Energy

0
Two-Wheeler Sales November 2022: Ather Energy

Electric two-wheeler manufacturer Ather Energy has been on a roll in recent months posting some of their stylish yearly deals figures. For the month of November, the manufacturer revealed that it had ended 7,234 units – up a notable 260 percent over November 2021 though figures were down from their best-ever numbers from October 2022.

Two-Wheeler Sales November 2022: Ather Energy

Ather Electric Scooter Sales Nov 2022

The electric scooter manufacturer vended 979 lower units in November 2022 as compared to October – an 11.9 percent decline. The number was also hardly down as compared to September 2022(7,435 units) through advanced than the number it posted before in the time. Ather lately opened its alternate product installation boosting its production capacity to 4.2 lakh units annually.

“November demonstrated the periodic trend of a dip in deals posts the gleeful period. This is a seasonal trend and not a reflection of underpinning demand. We retained our request share, and anticipate the assiduity to bounce back in January 2023 and continue the growth instigation. In expectation of strong consumer demand, we lately opened our alternate manufacturing installation in Hosur, and we’re confident that this installation will play a critical part in our coming phase of growth, ” said Ravneet Singh Phokela, Chief Business Officer, Ather Energy.

Two-Wheeler Sales November 2022: Ather Energy

November also marked a new corner for the company which inaugurated its alternate manufacturing factory in Hosur, Tamil Nadu. The new factory boosted the company’s production capacity from 1.2 lakh units to 4.2 lakh per annum. The company also continued to grow its request presence with experience centers opening up in nine fresh metropolises.

Ather is also working on reducing the accession burden on consumers. Indeed with the FAME II subvention, Ather 450 Plus and 450X are priced at Rs.1.34 lakh and Rs.1.56 lakh in Bengaluru. This is relatively high compared to the popular ICE-grounded scooter Honda Activa that’s available at a starting price of Rs.75,000.

Two-Wheeler Sales November 2022: Ather Energy

To make it easier for consumers to switch to electricity, Ather has launched a first-of-its-kind EV finance scheme in cooperation with IDFC Bank. For illustration, Ather 450X with an- road price of Rs.1.62 lakh can be bought at a yearly EMI of Rs.3,456. This will be a 48-months loan with a fixed interest rate of 8.50. Consumers will profit from zero processing figures and a low down payment of Rs.416. Down of the cost can be indeed lower in case the buyer opts for a vehicle exchange scheme.

Tesla Power looks to keep its promise of installing 5000 EV Charging Stations across India by 2025

0
Tesla Power looks to keep its promise of installing 5000 EV Charging Stations across India by 2025
Photo by Kindel Media on Pexels.com

Charging EVs in India has caused range anxiety to most EV buyers and those who look forward to buying one in future, however, things are improving slowly and steadily across the country. While states like Delhi and Maharashtra are far ahead in terms of adopting EVs, other states are still catching up with the race so that India archives its carbon neutrality target within 2030.

Now, EV charging takes time as we know and if any one of the charging plug points is busy the other person has to wait, so even though we are growing EV Charging stations we will also increase the number of ports in the future. As of now, adding more charging stations at extreme corners is the priority for the government and regulators as of now, unless, both get support, neither these operators nor consumers will actually benefit.

Tesla Power looks to keep its promise of installing 5000 EV Charging Stations across India by 2025
Photo by Soly Moses on Pexels.com

Kavinder Khurana, Managing Director at Tesla Power India says they are working to instal 5000 EV Charging Stations across India by 2025

So, in an interview with Hindustan Times, Kavinder Khurana talked about Tesla’s plans to develop the EV charging infrastructure of India and looks forward to its other businesses rather than jumping with its cars in India. Now, as we know, four-wheeler EVs do not even represent 1% of total vehicles in India but in terms of two-wheelers, the adoption level is insane as per the latest reports by OLA Electric, the market leader in that space.

Khurana says Tesla Power India is working with three major PSUs that have oil stations across the country and they are working to tie up with them to make EV Charging stations inside or outside of these oil stations. As we know, there are about 81,000 fuel stations in India and the Indian government envisions putting EV charging stations across all of them but that won’t so easy so private companies like Tesla could in fact help to achieve that dream.

He went on to say that Tesla has worked to put as many as 700 such multi-brand EV charging stations across a number of petrol pumps in India with Bharat AC 001 and DC 001 charging facilities. Now, they are focussed to ramp up this number to 5000 within the next 3 years and as Khurana mentioned, these stations won’t be profitable unless people buy more EVs and start using them, however, Indian people remain sceptical unless they see enough EV charging stations across their places to avoid range anxieties.

Greaves Electric Mobility to reveal five new EVs at Auto Expo 2023

0
Greaves Electric Mobility to reveal five new EVs at Auto Expo 2023

Greaves Electric Mobility, one of the leading electric vehicle makers in the country aims to further expand its product immolation and has blazoned that it’ll showcase five new products across its electric two- and three- wheeler range at the bus exhibit 2023. The products will come in both B2C and B2B spaces.

According to the company, ” the new products will sport a sophisticated and ultramodern design language, backed by rigorous engineering and development. Each product is precisely optimised to address unborn client anticipation, Indian road and use conditions, and operating economics. ”

Greaves Electric Mobility to reveal five new EVs at Auto Expo 2023

Greaves Electric Mobility to showcase 5 new electric 2 & 3 wheelers for passenger & cargo segments

The company says the new products will sport a sophisticated and ultramodern design language, backed by rigorous engineering and development. Each product is precisely optimised to address unborn client prospects, Indian road- and use- conditions, and operating economics.

Greaves Electric Mobility says the design alleviation for the Ampere two- and three- wheeler range from GEMPL stems from the theme of humanising technology, by bringing together the stylish of technology and safety.

Greaves Electric Mobility to reveal five new EVs at Auto Expo 2023

Nagesh Basavanhalli, Executive VC, of Greaves Cotton said, “ This bus exhibit is a corner for Greaves Electric Mobility. Following a healthy investment round, we are, for the first time, showcasing a hint of our future. This is characterised by a wide array of products to suit electric two- and three- wheeler guests across applicable price points for both the B2B and the B2C parts. ”

The highlights of the new range include an each-newe-scooter embodying the new brand identity and decoration design, along with a coming- generation, aero-effective weight three- wheeler conception. Each product will continue to embody the company’s Make in India ’ thrust with a high degree of localisation with domestically sourced factors. In Q2 FY2023, GEMPL recorded its loftiest ever deals of,000 units for its electric two- and three- wheeler portfolio.

Apple Car is the next big thing from the Cupertino giant, May Cost Under $100,000

0
Apple Car Launch Reportedly Delayed To 2026; May Cost Under $100,000

Apple has been working on its electric vehicle for a time, which is presently being appertained to as Apple Car. Internally, this vehicle design is called Titan, and it appears to be in limbo for once many months. According to the rearmost report, Apple Car is anticipated launch in the time 2026, and the pricing will be under $100,000. It’s also reported that the tech mammoth is spanning back its vision for the vehicle.

Apple Car Launch Reportedly Delayed To 2026; May Cost Under $100,000

Apple Car launch delayed till 2026

Apple Car was anticipated to go sanctioned by 2025, but now it has been delayed by a time as the Cupertino- grounded technology giant scales back its ambitious plans for a tone-driving electric vehicle. Apple Car was first planned to bring under $100000, but it’ll now bring under $100000 as the company has gauged down the features and technologies for the vehicle.

The company originally planned to design an auto where passengers could face one another in a limousine-style auto with no steering wheel or pedals. But the design has now been gauged back to have a more traditional design with a motorist’s seat, steering wheel, and pedals.

Apple Car Launch Reportedly Delayed To 2026; May Cost Under $100,000

Also, the completely independent driving or tone-driving point will not be available, but the auto will be suitable to use a tone-drive mode on roadways. It’ll offer enough autonomy for druggies to play games or watch vids on the trace but ask to take control when driving on megacity thoroughfares or through adverse rainfall. The hands-free tech may debut in North America and expand to other regions over time.

Presently, the company has not perfected a design for the Apple Car, but it plans to have it perfected by the end of the coming time, i.e., 2023. After that, the list of features for the vehicle is set to be completed by 2024, and the testing will begin eventually in 2025 ahead of the planned launch of the Apple Auto in 2026.

What if TATA Motors revamp and bring Nano EVs to the Indian market?

0
What if TATA Motors revamp and bring Nano EVs to the Indian market?

Yes, you heard that right, we are talking about Nano EV, Tata Motors is betting on the electric future and has already become the best-selling brand in India when it comes to EVs because it was the first player. However, as multiple players are entering the space like Mahindra, PMV, MG, Hyundai, Kia and BYD, to maintain its market leadership, TATA Motors has to remain creative.

So, heavy speculations say, there are high chances that TATA Motors might actually tap into its once-hyped TATA Nano. It was originally thought to be the most affordable Indian car, specifically made for the Indians but it couldn’t live up to its hype somehow. However, its brand value and the way Nano was deemed as the go-to car for middle-class households, Nano could well be revived but as an EV this time.

TATA Motors can tap into the affordable EV space of India with Nano EV

As we all know the major problem with EVs is their expensive battery costs almost costs 30-40%, so essentially if you have made the car more affordable it has to be compact, lightweight and small. So, you might have seen the recently launched PMV electric car that has become the most affordable Indian EV at Rs. 4.79 lakh and offers up to 200 km range for the top model.

What if TATA Motors revamp and bring Nano EVs to the Indian market?
Image via ElectraEV, Ratan Tata with his modified Nano EV

On top of this, MG Motors is all set to launch the compact MG Wuling Air or Air EV in India as soon as next year and it could again be in that Rs.10 lakh price segment. To make matters worse for TATA Motors, the french car brand Citroen will be bringing the EV version of the highly charming C3 compact SUV to India next year seeing the growing demand for EVs in the country.

Seeing all these TATA Motors has already launched its most affordable Tiago EV at its introductory price of Rs.8.49 lakh but if they have to target even more average Indian households they have to go all into the Rs.5-6 lakhs price bracket. So, TATA Motors’ Nano EV could indeed be a reality sometime as per industry rumours and the brand could heavily see the potential of this budget EV which got electrised for Mr. Ratan Tata already.

The acquisition of the Ford plant in Maraimalainagar and its increase in investments towards EVs as well as making EV batteries in India will help the conglomerate to make Nano EV a dream come true. The power of colonising its sister brands like Tata Power, Tata ELXSI, Tata Chemicals and other subsidiaries could even help Tata Motors to make the Nano EV one of the most affordable EVs Indians have ever seen.

What to expect from the upcoming Toyota Innova Crysta EV that was spotted testing in India?

0
Toyota Innova Crysta EV spied testing for the first time

Toyota, the Japanese automaker, displayed a conception prototype of an electric MPV grounded on the Toyota Innova before this time at the Indonesian International Motor Show. The underpinnings of this conception were analogous to what we get in India in the form of Innova Crysta. still, the brand stated that they’ve no plans to launch an EV grounded on the dated IMV2 graduation non-frame platform. Toyota also added that this conception is only being erected for exploration and development purposes for unborn EVs.

Anton Jimmi Suwandy, marketing director, of Toyota Astra Motor, Indonesia, revealed that “Kijang Innova Electric will not go on sale and has been built as a concept for the purpose of engineering development only. Suwandy further added that the Innova EV concept is being used for research and development of future EVs that are being readied for the region”.

Toyota Innova Electric Spotted Testing

Henry Tanoto, Vice President Director at Toyota Astra Motor Indonesia, also verified that the Innova EV conception is ‘ simply a study ’. The conception is said to have raised the fashionability of EVs in the community. gregarious Innova Crysta is sustained by the IMV2 graduation-on-frame armature which is designed to accommodate petrol and diesel powertrains.

Toyota Innova Crysta EV spied testing for the first time

Incorporating battery packs and motors in this platform is a major packaging challenge. Thanks to old-academy construction that restricts space for batteries. Toyota might be investing in the electrification of its current graduation- frame old- academy vehicles like MPVs, SUVs and volley exchanges and further. There are parts like volley exchanges where the robustness of graduation-frame lattice and electrification are inversely important.

We can witness electrification or indeed hybridisation of workhorses like SUVs and volley exchanges from the Japanese mammoth in the future If everything that Toyota is testing with the Innova Crysta electric conception prototype checks out. In North American requests, GM, Ford and indeed Rivian are offering electric vehicles that are grounded on the graduation-frame lattice.

The innards of the Innova EV are analogous to the ICE interpretation. The auto gets an analogue instrument cluster with blue plates and the infotainment screen displays vital information like the battery position, available range and current power affair. Toyota noway revealed the specialized details of the Innova EV conception. thus, details similar as the affair of the electric motor, battery capacity and maximum range still remain a riddle.

Report: India is all set to achieve complete public EV Infrastructure by 2030

0

According to a private consumer expectation poll released on Monday, around 66% of Indians believe that electric vehicles would outnumber gasoline and diesel vehicles by 2030. The survey, conducted by ACKO and YouGov India, also revealed that the majority of Indian customers, approximately 57%, want to invest in EVs for their practical benefits, while 56% want to buy an EV for environmental reasons.

The majority of respondents, 60%, believe that India’s current public infrastructure is unfit to handle electric vehicles and that dramatic improvements are required. However, the study found that 89% of respondents believe India would be infrastructure-ready for EVs by 2030.

Over the last few years, experts and observers have pointed to India’s weak EV infrastructure as the key cause for the country’s low EV penetration.

India
credit: economictimes

“Among the intenders, 62% are concerned about rising fuel prices, and 57% of them are interested in the latest technology. 51% said that using an EV has lower running costs compared to petrol and diesel cars. In fact, 48% of the owners said EVs are more cost-efficient per mile than traditional cars,” a statement read.

63% of the survey’s respondents did not know that sand is the most convenient solution for putting out an EV fire. “For example, 66% assume that battery life only lasts between 2 to 5 years. The good news is that 8 in 10 correctly recognize that charging behavior has a role in the EVs battery life.”

The poll emphasises the critical need to raise knowledge about EVs and other topics linked to EVs. According to FADA, overall retail sales of EVs, including passenger vehicles, in the country increased by roughly 185% year on year to 1,11,971 units in October. In October 2021, EV sales were 39,329 vehicles.

A total of 1018 respondents from New Consumer Classification System (NCCS) A and B households between the ages of 28 and 40 who owned an electric vehicle or planned to buy one in the next twelve months were polled.

Also Read:

Source

Honda will soon start selling commercial electric vans in Japan starting Spring 2024

0

Honda Motor Co announced on Wednesday that it will begin offering micro-sized commercial electric vans in spring 2024 as part of its ongoing drive to electrify its vehicle lines. Japanese automakers are looking to small commercial trucks as one way to popularise battery electric vehicles (BEVs) in the country, capitalising on the country’s unusual car size amid pressure to reduce the country’s carbon footprint.

Honda’s electric vehicle is expected to have a cruising range of 200km (125 miles) and a price of roughly 1 million yen ($7,270).

In Japan, gasoline-electric hybrid models remain significantly more popular, and BEVs accounted for only 1% of passenger car sales last year. Nonetheless, automakers feel that tiny commercial vehicles will be critical in popularising BEVs in the country, citing the fact that 40% of automobiles on the road are micro “kei” cars and that businesses are under pressure from investors to minimise their carbon footprint.

Honda
credit: reuters

“We believe that the fastest way to spread the use of electric vehicles in Japan is to first capture the commercial market, especially in the area of light vehicles, which are the mainstay of the Japanese market,” said Honda CEO Toshihiro Mibe back in April.

Mitsubishi Motors Corp relaunched its commercial truck, Minicab-MiEV, last month, with a cruising range of 133 km (83 miles) and a price of roughly 2.4 million yen without subsidies. CJPT, a commercial vehicle coalition chaired by Toyota Motor Corp, announced in July that it would collaborate with minivan experts Daihatsu and Suzuki Motor Corp to produce compact electric commercial vans. Honda announced aims in April of producing 2 million electric vehicles per year and 30 electric vehicle variants globally by 2030.

Also Read:

Source