Electric Vehicles
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Opportunity India Desk Nov 11, 2024 - 1 min readBentley has officially teased its first all-electric car (EV), which will be launched in 2026. This premiere EV will be an SUV, marking a dramatic move for the historic British company. Bentley is boldly labelling it the "world's first true luxury urban SUV." The unveiling will mark the beginning of Bentley's electric era, ...
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Opportunity India Desk Nov 09, 2024 - 2 min readIn an effort to drive growth and innovation in Nellore’s MSME sector, District Collector O. Anand called on the Small Industries Development Bank of India (SIDBI) to step up its support for local Micro, Small, and Medium Enterprises (MSMEs), which are struggling to reach their full potential in the district’s three MSME clusters. ...
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Opportunity India Desk Nov 09, 2024 - 2 min readLeading two-wheeler manufacturer Honda Motorcycle & Scooter India is set to launch its first electric model in the country on November 27. With its stronghold in the internal combustion engine (ICE) scooter segment through models like Activa and Dio, it is expected that Honda’s first electric model will also be a scooter.
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Opportunity India Desk Nov 09, 2024 - 2 min readThe Nashik Municipal Corporation (NMC) has planned to set up 29 Electric Vehicle (EV) charging stations in the city starting in 2025. This initiative is aimed at promoting the use of electric vehicles in the city. NMC has already appointed a Delhi-based private company to establish these EV charging stations, and ...
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Opportunity India Desk Nov 08, 2024 - 4 min readHero MotoCorp, one of the world's top two-wheeler manufacturers, is making a determined move into the electric vehicle (EV) industry and increasing its global footprint. With ambitious intentions to introduce more affordable electric two-wheeler models under the VIDA brand and reach important European markets, the company is positioning itself as a major participant ...
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Opportunity India Desk Nov 07, 2024 - 4 min readIn a significant move to bolster India’s climate and financial inclusion efforts, the International Finance Corporation (IFC), part of the World Bank Group, has announced a strategic partnership with Bajaj Finance. IFC is financing $400 million as part of Bajaj Finance's $1 billion debt-raising strategy to grow its electric vehicle (EV) fleet, promote ...
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Opportunity India Desk Nov 07, 2024 - 4 min readIn a dynamic move that promises to drive forward India’s electric vehicle (EV) industry, Sterling Tools, through its wholly owned subsidiary Sterling Tech-Mobility, has forged a strategic partnership with GLVAC Yuantong New Energy Technology Co. (GLVAC YT), a Chinese leader in EV component manufacturing. This agreement marks a significant step forward in the ...
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Opportunity India Desk Nov 06, 2024 - 4 min readThe demand for electric vehicles (EVs) is rapidly increasing, especially due to environmental concerns and the rising costs of petrol and diesel. In this scenario, the business of EV kits and services presents a significant opportunity for entrepreneurs. The government offers various incentives to promote electric vehicles, such as tax deductions, subsidies, and ...
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Opportunity India Desk Jul 10, 2024 - 5 min readIn the era of rising environmental concerns and escalating fuel prices, the push for electric vehicles (EVs) as a cornerstone of sustainable urban planning is more potent than ever. Cities worldwide are rethinking infrastructure, aiming not only to accommodate but to encourage the widespread adoption of EVs. This transformation, led by the expansion of EV ...
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Opportunity India Desk Jan 02, 2024 - 2 min readElectric vehicle (EV) sales in 2023 experienced remarkable growth, reaching a total of 15,29,614 units, a 49 per cent increase from the 10,25,123 EVs registered in the prior year, as per data from Vahan, the government's vehicle registration portal. Two-wheelers remained the primary driver of registrations, accounting for 8,59,198 units. However, the most ...