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Report says 54% of consumers are concerned about EV quality, not range

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Report says 54% of consumers are concerned about EV quality, not range

Recently, a report revealed that over 50 percent of Indian consumers are more concerned about EV quality than its range. The report added that ‘EV range anxiety’ appears to be a misperception. As per the report by CyberMedia Research (CMR), consumers are not shying away from EVs owing to ‘EV range anxiety’ or ‘upfront costs,’ or ‘limited EV charging infrastructure.’

Report says 54% of consumers are concerned about EV quality, not range

54% of consumers are concerned about EV quality

About 50 percent of Indian consumers are now open to buying EVs, albeit with a caveat, while 54 percent of consumers are still concerned about EV quality,’ a report stated. As per the report by CyberMedia Research (CMR), consumers are not shying away from EVs owing to ‘EV range anxiety’ or ‘upfront costs’, or ‘limited EV charging infrastructure.

“For long, limited EV charging infrastructure and range anxiety have been construed as barriers for EV adoption. However, automotive OEMs have already designed EVs with a sufficient range of up to 200 kms or more,” said John Martin, analyst, smart mobility practice, CMR. “The potential consumer for EVs is more concerned by the overall EV quality. EV quality includes not just external build quality but refers to the overall quality of internal components used – including battery and others,” Martin added.

Report says 54% of consumers are concerned about EV quality, not range

“Driven by ongoing policy thrust at the central and state levels for EV infrastructure development, along with upstream R&D in battery development will ensure a significant uptick in ramping-up e-mobility. For OEMs, the focus should be on continuous awareness generation around the quality and potential of EVs,” John noted.

India’s EV charging infrastructure is accelerating, with more public EV charging stations coming up. With a strong government policy push, including its flagship EV scheme, faster adoption and manufacturing of electric vehicles (FAME), and more automotive OEMs prioritising EVs, India’s EV momentum is gaining momentum. Alongside, cross-industry collaborations in the EV ecosystem will also contribute to the ramping-up of charging infrastructure.

Here are the 6 Best EV to buy in India right Now

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The demand for electric automobiles has begun to increase in India as a result of the country’s increasing pollution levels, particularly in Delhi and other cities. Here is a list of electric vehicles that will be available for purchase in 2022 in light of the demand.

MG ZS EV

EV
credit: newsroompost

Tata Nexon EV is less expensive than the MG ZS EV, which price starts at Rs 2088 lakh. The vehicle has a 44.5kWh battery with a 340km range. In standard mode, the battery needs six to eight hours to fully charge. The vehicle’s quick charging, however, charges in just 50 minutes. The EV’s 448-liter boot space is noteworthy.

Mercedes-Benz EQS

EV
credit: newsroompost

The Mercedes-Benz EQS is the most expensive electric vehicle (EV) on the list, with the top variant costing between 1.55 crore and 2.45 crore. The vehicle has a 107.8 kwh battery that is said to have a 526–580 km range. The sedan car can accommodate 5 persons. The battery is covered by an 8-year warranty with the automobile.

Tata Nexon EV

EV
credit: newsroompost

The Tata Nexon EV has a 30.2kWh battery that, when fully charged, provides a 312 km range. The vehicle can charge from empty to 80% with rapid charging in under 60 minutes. The car’s starting price is Rs 13.99 lakh. The engine produces 127 horsepower.

Tata Tigor EV

EV
credit: newsroompost

Tata’s Tigor EV is available with a 21.5kWh battery that has a 142km range on a full charge. Additionally, the EV has a fast charging station that enables complete charging of the vehicle in just 90 minutes. The battery needs to be recharged in the regular mode for six hours. It is offered for sale at a launch price of Rs 9.54 lakh.

Mahindra e2oPlus

EV
credit: newsroompost

The Mahindra e2oPlus is the best electric vehicle for a small family in the $7.57 lakh price bracket. The vehicle’s 10.08kWh lithium-ion battery provides about 100km of range for the passenger on a full charge. A regular charger takes six hours to fully charge a car, compared to a fast charger’s 75 minutes. The motor produces 25bhp and 70Nm of torque.

Hyundai Kona Electric

EV
credit: newsroompost

Hyundai has released the Hyundai Kona Electric, which features a 39.2kWh battery pack and a starting price of Rs 23.71 lakh, for fans of the brand. A 39.2 kWh battery powers the motor of the EV for 452 kilometres. The quick charging mode takes 57 minutes to fully charge the vehicle. The battery can be fully charged in six hours using the usual mode. The motor generates 134bhp and 395Nm of torque. In just 10 seconds, it can accelerate from 0 to 100 kph.

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TATA Motors completes 50,000 EV milestone in India

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TATA Motors completes 50,000 EV milestone in India

A new remarkable achievement by TATA Motors, the EV maker of India has recently confirmed that they have completed making 50,000 EVs. The company today, rolled-out its 50000th EV, from its Pune facility. There is no doubt that Tata Group has worked tirelessly to turn things around with TATA Motors and given a big focus on four-wheeler EVs much before any other Indian automakers did.

Obviously, this is a moment of pride for the county because in a short span of time Tata Motors has achieved this feat through its Indian manufacturing unit and R&D. Tata Motors is focusing on a three-phased architecture approach for EVs and plans to launch 10 EVs in 5 years and so this EV revolution is going to continue in the coming years, we hope the company completes 1 Lakh achievement even faster next time around.

TATA Motors completes 50,000 EV milestone in India

Commenting on this achievement, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, “As the pioneers of EVs in the country, the onus of ensuring successful adoption was on us. With well calibrated product mix, and strong consumer-facing initiatives, we have been able to address barriers to EV adoption. We created an entire EV ecosystem with Tata Group companies to provide simple, cost-effective solutions for our customers.

“Celebrating 50,000th EVs in India is a strong testament to how our portfolio is resonating with people across the country. EVs are offering a practical solution to problems of rising fuel price and worsening pollution. Customers are now ready to welcome EVs and we are thrilled to witness the transition from early adopters to now EVs becoming a mainstream choice for Indian customers.” 

Source: Tata Motors

Honda showcases the e:N2 Electric Vehicle Concept

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At the 2022 China International Import Expo, which opened today in Shanghai, Honda unveiled the e:N2 electric vehicle (EV) concept. The company’s e:N Series models come in two sets; the first set was unveiled back in December 2021. According to Honda, the e:N2 represents the direction of all its new EV cars.

Speaking about its appearance, the e:N2 idea has angular, dynamic lines all around, with the front end being dominated by a huge LED DRL that spans the entire face in the shape of an H. According to Honda, the black “metallic look” on the EV concept car is “new styling that does not belong to any existing categories.” Although the e:back N2’s has not yet been unveiled, we anticipate it to include lights comparable to that of the front fascia.

Honda asserts that the primary goal in creating the EV’s interior was to create a “space” where passengers might experience “intellectual exhilaration.”

Honda eN2 EV 1667618482769 1667618491571 1667618491571 Honda showcases the e:N2 Electric Vehicle Concept
credit: timesofindia

As a result, the car will have a clear and uncluttered digital cockpit with the newest Honda CONNECT capabilities as well as the efficient presentation of lighting and smells. The e:inside N2’s hasn’t been made public, just like the rear end.

“The e:N2 Concept represents the value of our e:N Series, which will ‘redefine the fun EVs can offer to customers’ with their unique driving pleasure, the value as a mobility space and design. In China, Honda will continue delivering a broad range of electrified mobility products unique only to Honda and experience our rebirth into an electric mobility brand,” said Toshihiro Mibe, Director, President and Representative Executive Officer of Honda Motor Co., Ltd.

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PMV Electric To Unveil The First Flagship Smart Microcar EaS-E On 16th November

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PMV Electric To Unveil The First Flagship Smart Microcar EaS-E On 16th November

PMV, a Mumbai-based electric vehicle manufacturer, is all set to launch its micro-electric vehicle on November 16, 2022. The car has been named EAS-E and the automaker wants it to be an everyday car for people. According to PMV Electric, the company wants to create a brand new segment called Personal Mobility Vehicle (PMV). Notably, the EaS-E is the first car from PMV Electric and it is expected to be priced between ₹4 lakh to ₹5 lakh.

PMV Electric To Unveil The First Flagship Smart Microcar EaS-E On 16th November

PMV Electric’s EaS-E micro EV to debut on November 16

Mumbai-based PMV Electric will unveil its first-ever electric vehicle in the Indian market on November 16. The micro EV will be called EaS-E. The compact car will be primarily targeted at city dwellers looking for an affordable electric vehicle for everyday use and will be offered in three variants. The EV will deliver a range of up to 200km on a single charge.

The PMV EaS-E features a compact “Smart Car” design language and flaunts a clamshell bonnet, a squared-out grille with a full-width LED DRL, circular LED headlamp units, and a raked windscreen. On the sides, the EV is flanked by ORVMs, large windows, flared wheel arches, and designer alloy wheels. The rear end of the vehicle gets a full-width taillight.

The PMV EaS-E is likely to be offered in three variants. The driving range of the vehicles will vary from 120 km to 200 km on a single charge. The driving range will be dependent on the variant that the customer chooses. Interestingly, the automaker claims that the battery of the vehicle would be able to charge in just four hours. PMV is offering a 3 kW AC charger.

PMV Electric To Unveil The First Flagship Smart Microcar EaS-E On 16th November

However, we expect the two-seater micro EV to feature a minimalist dashboard, fabric upholstery, remote keyless entry, cruise control, power windows, manual AC, a multifunctional steering wheel, an LCD instrument cluster, and an infotainment panel with Bluetooth and USB connectivity. The safety of passengers will be ensured by seatbelts, among other features.

Speaking on the announcement, Kalpit Patel, Founder, PMV Electric said, “We are thrilled to be officially unveiling the product. This will be a significant milestone for the company as we have built a world-class product made by an Indian company. We look forward to electrifying the nation and introducing a brand new segment called the Personal Mobility Vehicle (PMV), purpose-built for everyday use.”

The launch will be held digitally & streamed live on youtube on 16th November. The company has started taking pre-orders on the website www.pmvelectric.com & has generated a sizable pre-order book not only from India but from International markets too. We expect the compact electric car to be priced at around Rs. 4 lakh (ex-showroom).

Hindustan Motors is making a come-back as a new All-EV Brand

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One of the most recognisable companies in the nation, Hindustan Motors was once well-known for its Ambassador automobiles, which dominated the market for many years. Hindustan Motors, which is currently owned by businessman CK Birla, is anticipated to return to the market in India with an electric two-wheeler line. It is now in discussions with a European partner and is anticipated to form a joint venture soon. To begin with, Hindustan Motors is anticipated to make an official return some time in the following year and will collaborate closely with its new worldwide partner.

It is also poised to resume its West Bengal factory in Uttarpara, close to Kolkata. The Indian company also said that it will soon make an official announcement with more information regarding the joint venture and the identity of its overseas partner. According to what is currently known, Hindustan Motors will introduce several new electric scooters in India to compete with competitors including the Bajaj Chetak, TVS iQube, Ather 450X, Ola S1, and Simple One. It will also compete with rivals like Hero Electric, Viva, Okinawa, and others.

Hindustan Motors present plans are now apparent, notwithstanding early speculations that the Ambassador EV might be introduced.

Hindustan Motors
credit: gaadiwaadi

Together, the two businesses would invest more than Rs 600 crore in the future project. Additionally, the company hasn’t fully ruled out the idea of returning to the domestic four-wheeler market in the future.

Hindustan MotorsBengal plant, which at the time employed more than 2,500 people, was closed in 2014. Due to low productivity, deteriorating discipline, a severe lack of funding, and a decline in demand for the plant’s key goods, manufacturing at Uttarpara ceased. Before the plant’s activities were terminated in March 2014, a total of 2,200 Ambassadors had been sold in the previous fiscal year. In towns like Kolkata and Mumbai, the Ambassador is still utilised as a trusted taxi.

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Gogoro & Hero Motocorp partner on electric transportation in India

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Gogoro, Hero Motocorp partner on electric transportation in India

Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market.

The collaboration is anticipated to concentrate on hastening the conversion of last-mile deliveries and urban logistics fleets to electric vehicles utilizing battery swapping. The B2B pilot that Gogoro and Zypp intend to run will start in December 2022.

Gogoro, Hero Motocorp partner on electric transportation in India

Gogoro Inc Partners with Hero MotoCorp to Enter EV Market

The companies will establish a battery-swapping joint venture to bring Gogoro’s battery-swapping platform to India, and will collaborate on electric-vehicle development to bring Hero-branded, powered by Gogoro Network vehicles to market.

The Gogoro Network is a battery-swapping platform with more than 375,000 riders and 2,000 battery-swapping stations. The company says the Powered by Gogoro Network Program gives Gogoro’s vehicle-maker partners access to Gogoro innovations and intellectual property including its intelligent drivetrains and controllers, components and smart systems, so they can develop electric vehicles that integrate Gogoro Network battery swapping.

Gogoro, Hero Motocorp partner on electric transportation in India

According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from forging more partnerships or introducing its goods in India. Our collaboration is open (with Hero). Both business seek to quicken the transition to electrification and expand the electric vehicle industry in India. We don’t believe in having a large market share in a small niche, Luke remarked.”

Lincoln Electric Holdings, Inc. is launching an initiative to design and manufacture DC fast charge electric vehicle (EV) chargers for the U.S. EV market. The company says it has developed a 50kW DC fast charger power module with a scalable architecture to deliver power levels over 300kW, as well as a single charge port pedestal compatible with CCS-1 vehicles.

Gogoro, Hero Motocorp partner on electric transportation in India

The collaboration is anticipated to concentrate on hastening the conversion of last-mile deliveries and urban logistics fleets to electric vehicles utilizing battery swapping. The B2B pilot that Gogoro and Zypp intend to run will start in December 2022.

According to Gogoro Inc, which manages 26% of all deliveries for rapid commerce in Taiwan, riders change batteries approximately three times every day in this industry. The pilot will aid in determining usage trends as well as the state of the roads and the weather.

Ceer is the first EV brand being established in Saudi Arabia

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The latest step taken by Saudi Arabia to achieve its Vision 2030 aim of reducing its reliance on oil and diversifying its economy is the formation of a joint venture between its sovereign wealth fund and Foxconn to produce and sell electric vehicles. According to the statement made on Thursday, the new business, known as Ceer, will use BMW component technology to design, produce, and market a variety of EVs. The electrical architecture of the vehicles is being developed by Foxconn, the massive Taiwanese manufacturing company that produces Apple’s iPhones. According to Saudi Arabia, this will result in a “portfolio of products” in the fields of infotainment, connectivity, and autonomous driving technologies.

The first EV brand in Saudi Arabia, Ceer, according to the Saudi Public Investment Fund, or PIF, will bring in more than $150 million in foreign direct investment and generate up to 30,000 direct and indirect jobs. A significant component of Crown Prince Mohammed bin Salman’s Vision 2030 strategy is foreign direct investment, or FDI. The nation unveiled a national investment strategy last year with the goal of achieving more than $100 billion in FDI yearly by 2030.

The Ceer brand is anticipated to contribute $8 billion to the kingdom’s GDP by 2034, according to the PIF.

ceer
credit: techcrunch

PIF has invested heavily in EVs and other clean technology on its own. 2018 saw the PIF make a $1 billion investment in Lucid Motors, making it the company’s largest shareholder. The PIF, which owns 61% of Lucid, pledged to acquire 50,000 of the company’s EVs in the spring of 2022, with an option to buy a further 50,000 over a ten-year period.

Foxconn has been advancing its presence in the automobile industry, particularly in relation to EVs. Lordstown Motors and Fisker have contracts with Foxconn to develop electric vehicles. Additionally, it collaborated with Taiwanese carmaker Yulon Group to create the Model C, an electric SUV. Foxconn Chairman Liu Young-way stated that he hoped to emulate the company’s success in creating consumer electronics by developing EVs for automakers in October at its third annual Hon Hai Tech Day event.

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Electra EV raises $25 million USD in funding from GEF Capital Partners

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Ratan Tata’s electric mobility firm, Electrodrive Powertrain Solution or Electra EV, has received roughly USD 25 million in funding from GEF Capital Partners. Electra EV was founded in 2017 and specialises in the design, development, integration, manufacturing, and supply of EV powertrain systems for both passenger and commercial vehicle markets.

Its products include complete systems with battery packs, e-traction systems, integrated electronics, sub-systems, and components for use in two- and three-wheelers, four-wheelers, and electric vehicle (EV) applications in the agricultural and off-highway markets, among other areas.

In a statement released on Thursday, Electra EV said that it would use the money it had raised to extend its product line to include e3 Wheelers, e4 Wheelers, agricultural applications, and other EV categories in order to better serve both domestic and foreign manufacturers.

According to the statement, Electra EV intends to expand manufacturing capacity in order to handle rising demand as well as further improve its design, testing, and prototyping capabilities.

Electra EV
credit: businessinsider

“This fund raise provides us with both financial wherewithal and a like-minded partner like GEF Capital to help us continuously innovate, and acquire new customers in India and overseas, thereby achieving our vision of transforming the global movement towards cleaner fuels,” said Samir Yajnik, Executive Director at Electra EV.

Private equity fund manager GEF Capital Partners specialises on investing in businesses that try to combat the negative effects of climate change.

“The EV ecosystem is currently at a pivotal stage, and we believe Electra EV’s differentiated proposition of high-end performance, safety, and affordability provides a strong growth opportunity. We are excited to partner with Electra EV in its next phase of growth and development,” GEF Capital’s Managing Partner Sridhar Narayan said in the statement.

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Electric Vehicles makers need to take some additional new Safety Tests starting April 2023

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Manufacturers of Electric Vehicles (EVs) must comply with a set of safety tests starting in April 2023 in order to be eligible for subsidies under various EV promotion programmes, according to the Ministry of Heavy Industries. The ministry stated in a circular on November 2 that these tests will increase the human safety of the battery used in these cars by mandating inspections at three levels: the battery pack, battery management system (BMS), and the cell.

Vehicles manufactured and marketed under the Faster Adoption and Manufacturing of Electric Vehicles or Fame programme as well as those produced under the production linked incentive (PLI) scheme for automobiles must meet the testing requirements. Additionally, batteries made in accordance with the PLI for advanced chemistry cells will be subject to the additional testing (ACC).

Electric Vehicles
credit: moneycontrol

The letter stated that there would be six new tests for cells, including temperature cycling and altitude simulation. In a temperature cycling test, the lithium ion cell’s response is evaluated when the chamber temperature is raised and maintained at a high level. On the other hand, altitude simulation is a test to see if the Electric Vehicles batteries don’t blow up or catch fire when kept at a certain temperature and absolute pressure.

At the battery pack level, there are a total of five new tests, and there are eleven new tests for the battery management system. The circular states that these additional tests also involve falling or letting battery packs fall freely to check that lithium ion batteries do not blow up or catch fire when subjected to a variety of potential abuses as per international standard IEC-62133-2.

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