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Exclusive: Tata Motors expects electrics to be 50% of its PV sales by 203019 hrs ago

Can affordable electric cars provide a fillip to fledgling electric PV segment in India?1 day ago

Pushing boundaries for a cleaner, safer, and susta..

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Manufacturing affordable electric cars faces several hurdles because of the high cost of key components like battery, and the technology. The ability of OEMs to launch products at an attractive price point, while also offering the desired range and safety features, remains to be seen, given that the battery prices continue to remain high led by the surge in prices of key minerals. It is said that the battery prices need to decline by about 25%-30% from current levels to help achieve price parity for the PV segment.

Aggarwal has pressed the EV accelerator hard while Ola's electric two-wheeler sales are now going south. In July, Ola Electric sold 3,861 vehicles, a significant drop from 5,891 vehicles in the month of June. The figures are dropping with each passing month.

India’s largest automaker reckons that vehicles powered by hybrid technology, natural gas and biofuels present a better path toward a cleaner future than electric cars considering the nation generates about 75% of its electricity from dirty coal, Chairman R.C. Bhargava said in an interview.

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​​Prima facie, the luxury car was speeding. It covered 20 km of distance in just 9 minutes after crossing the Charoti check post in the Palghar district, 120 km away from Mumbai. The car hit a road divider on the bridge on the Surya river, killing Mistry (54) and Jahangir Pandole on the spot.

With this, for the first time-ever all the three German luxury car companies, BMW, Mercedes-Benz and Audi, will have Indian executives holding the top position. Santosh Iyer will be the MD of Mercedes-Benz, Vikram Pawah is the CEO & President and CEO of BMW India, and Balbir Singh Dhillon is the head of Audi India.

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