Week In India: Olectra Greentech Bags Order Of 1400 E-Buses Of Worth 2400 Crores; And More

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Olectra Greentech Bags Order Of 1400 E-Buses Of Worth 2400 Crores

Olectra Greentech, a leader of the Indian electric vehicle industry for bus bags orders of 1400 E-buses. The value of these 1,400 Buses would be approximately Rs. 2,450 Crores. With this order, the total count of E-buses related orders will be approximately 8000-10,000 in the country at the industry level and this will help in boosting the Indian EV ecosystem. Evey Trans Private Limited (EVEY) has been declared as the Least Quoted (L-1) bidder for 1,400 (+ 50% Variation) Electric Buses from one of the State Transport Undertakings. This Tender is for the supply of the said Electric Buses on the Gross Cost Contract (GCC) / OPEX model for a period of 12 years (Contract Period).

Toyota Group Signs MoU With Government Of Karnataka Of Worth Rs. 4,800 Crores

In its effort to contribute to the country’s vision of “Make in India” and to enable a faster reduction in carbon emissions, out of the total investment of INR 4,800 crores, the Toyota Group of Companies that constitutes of Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest INR 4,100 crores. This announcement coincides with Toyota Kirloskar Motor’s 25 years of a successful journey in India, by winning the hearts of millions of happy customers. In addition to boosting the local manufacturing ecosystem, the new development will provide an impetus to employment generation and local community development. This investment will also spur the growth of the local supplier base and hence result in higher investments and further job creation.

EKA Chairman, Dr Sudhir Mehta Showcases EKA E9 Electric Bus To Nitin Gadkari

The Minister of Road Transport and Highways of India, Nitin Gadkari attended an event and Dr Sudhir Mehta, Chairman, EKA & Pinnacle Industries Ltd showcased him EKA E9, the first Made-in-India electric bus. EKA E9 is the first battery-electric bus of the company. The bus has a complete composite structure and a monocoque stainless steel chassis. At once, the bus can carry up to 21 passengers only. The Total Cost of Ownership (TCO) of E9 is much lower than the busses running on the roads of the country currently which come with a combustion engine-powered (ICE).

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Government Committee Finds Defects In Battery Cells And Battery Designs In Almost All EV Fires

The preliminary results from the government made a committee for the electric vehicles’ fires have found issues with battery cells and battery designs in almost all of the fire incidents that took place. Last month, the central government made a committee to investigate the battery blasts and EV fires in the electric scooters of Pure EV, Ola Electric, Boom Motor, Jitendra EV, and Okinawa Autotech. Several incidents took place in recent times. An 80-year-old man passed away and 2 others were injured when the battery of Pure EV’s electric scooter exploded in the house in Telangana.

Subsidiary Of Ashok Leyland, Switch Mobility To Invest Rs 1,000 Crore In An Electric Vehicle Facility

Switch Mobility, a subsidiary of Ashok Leyland will invest Rs 1,000 crore in an electric vehicle facility in South India. The plant might be located near Chennai, Tamil Nadu. The EV facility will manufacture 30,000 electric light commercial vehicles (eLCVs) and will also launch 10,000 electric buses. Ashok Leyland will shift its other EV manufacturing operations to this plant once the plant is ready for operation. Currently, Ashok Leyland is manufacturing electric buses in its Ennore plant in Tamil Nadu. The company will also use some space in its Hosur plant for eLCVs.

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Chartered Speed Signs MoU With GIFT City To Speed Up EV Adoption In India

Mobility services provider Chartered Speed has signed a Memorandum of Understanding (MoU) with GIFT City – India’s first Smart City and IFSC, to work together towards building a dynamic Electric Vehicles (EV) ecosystem in the city. The collaboration aims to enhance public transport facilities for commuting to and from GIFT city, as well as promote and strengthen EV infrastructure in Ahmedabad and Gandhinagar region. As part of the MoU, Chartered Speed will provide EV mobility for intra and inter-city travel in which the company will operate an electric bus service connecting GIFT City with Ahmedabad and Gandhinagar and provide electric bikes for the convenience of people working, residing and visiting GIFT City.

Tata Motors Introduces The New Nexon EV MAX In India

Tata Motors, a company committed to rapid electrification in India, today launched a new extension to India’s best-selling EV in personal mobility, the Nexon EV MAX. Tata Motors has launched a new product for customers looking for intercity long-distance travel. The Nexon EV Max XZ+ is powered by high-voltage state-of-the-art Ziptron technology. It will be offered in two trims – Nexon EV Max XZ+ or Nexon EV Max XZ+lux. It will be available in three exciting colours: IntensiTeal (exclusively for the Nexon EV MAX), Daytona Grey, and Pristine white. As a standard, the body will come in a dual-tone colour.

BYD India Ties Knot With Chargezone, Indipro, And Volttic To Set Up EV Charging Infrastructure

BYD India ties the knot with three companies i.e., Chargezone, Indipro, and Volttic to set up electric vehicle (EV) charging infrastructure in India for its EVs. In this partnership, the companies will be expanding their charging networks. “This tie-up is to address the changing needs of the company’s electric multi-purpose vehicle, e6 across multiple cities and major highways in the country,” the company said. “With convenient charging stations across major cities and highways, we will be supporting our customers in a smooth and happy electric driving experience,” BYD India Senior Vice President, Electric Passenger Vehicle Business, Sanjay Gopalakrishnan said.

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SUN Mobility Signs Agreement With Greaves Electric Mobility For Battery Swapping Solutions For EVs

SUN Mobility signs an agreement with Greaves Electric Mobility (GEM) to work together for providing battery swapping solutions for electric vehicles. Both companies will work with government and industry players to boost the process of electric vehicle adoption in electric two-wheeler and electric three-wheeler segments. Ram Rajappa, Chief Technology Officer, Greaves Electric Mobility, said, “Through Greaves Electric Mobility, we aim to strengthen our leadership position in the electric vehicle segment and the provide best and affordable last-mile connectivity experience to our large number of customers across the country. Together with SUN Mobility, we would be addressing one of the critical elements in EV adoption in terms of range anxiety and providing uninterrupted journey.”

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