Electric Vehicles
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Opportunity India Desk Nov 15, 2024 - 3 min readthe Ministry of Heavy Industries (MHI) and the International Council on Clean Transportation (ICCT) held the "India E-Truck Exchange" knowledge-sharing workshop, taking a crucial step towards developing sustainable transportation. The event, held in New Delhi, focused on deploying the Rs 500 crore provided under the PM E-DRIVE Scheme to encourage the adoption of ...
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Opportunity India Desk Nov 15, 2024 - 1 min readEnergy technology start-up chargeMOD, a leading creator in electric vehicle (EV) charging systems, has formed a strategic alliance with Hindustan Petroleum Corporation Ltd. This agreement will allow EV drivers to easily access all HPCL charging stations in India via chargeMOD's app. The integration of HPCL's network with chargeMOD's platform enables users ...
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Opportunity India Desk Nov 15, 2024 - 2 min readThe Indian Institute of Technology Kanpur (IIT Kanpur) has formed a strategic partnership with Zynetic Electric Vehicles Charging Private Limited, a firm that specialises in the creation and maintenance of electric vehicle (EV) charging infrastructure. This Memorandum of Understanding (MoU) seeks to promote innovation in sophisticated AC and DC fast-charging technology, thereby contributing ...
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Opportunity India Desk Nov 14, 2024 - 2 min readIn an era when electric vehicles (EVs) are gaining popularity, India's Union Minister for Commerce and Industries, Piyush Goyal, has openly supported hybrid powertrains as feasible and necessary transition vehicles. Goyal reflected on his shifting views, saying, "I was against hybrids, but I changed my mind." He stated that additional research into plug-in ...
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Opportunity India Desk Nov 14, 2024 - 2 min readVinFast has achieved a new milestone in the Vietnamese automotive market by delivering over 11,000 electric vehicles (EVs) in October alone, bringing its total 2024 sales to more than 51,000 units. This result cements VinFast's position as the top-selling vehicle brand in Vietnam for the month and year to date, highlighting the company's ...
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Opportunity India Desk Nov 14, 2024 - 2 min readVolkswagen AG has expanded its investment in Rivian Automotive Inc. by $800 million, highlighting the company's commitment to the US-based electric vehicle (EV) manufacturer in the face of a softening EV market and potential regulatory shifts from the incoming Trump administration. This increased investment also represents Volkswagen's continuous efforts to exploit Rivian's strong ...
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Opportunity India Desk Nov 13, 2024 - 1 min readOmega Seiki has inaugurated its second flagship store in New Delhi, following the success of its first facility in Pune, which opened in August 2021. This new showroom will provide a comprehensive perspective of the company's electric vehicle (EV) lineup, which includes both freight and passenger two- and three-wheelers, allowing customers to experience ...
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Opportunity India Desk Nov 13, 2024 - 2 min readAccording to recent Haitong research, electric vehicle (EV) registrations in October 2024 grew little, boosted by festive season demand. Year-to-date (YTD) EV penetration increased by 100 basis points (bps) year on year (YoY), reaching 7.6 percent, while overall EV registrations increased 26% YoY to 1.1 million units. The two-wheeler (2W) segment ...
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Opportunity India Desk Nov 13, 2024 - 2 min readThe Indian government is stepping up attempts to increase participation in its electric vehicle (EV) import plan by hosting a workshop to garner feedback from companies interested in importing luxury EVs at lower prices. The project aims to better understand the limited response to the plan, which was introduced last year with the ...
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Opportunity India Desk Nov 11, 2024 - 2 min readQuantum Energy, an electric vehicle startup focused on the design and manufacture of electric scooters, has opened a new showroom in Srikakulam, Andhra Pradesh, through its HK Agencies dealership. Shri Kinjarapu Rammohan Naidu, India's Minister of Civil Aviation, attended the opening, as did top executives and other key Quantum Energy guests. This prominent ...