Week In India: Ashok Leyland Secures Contracts for 1,282 Buses from GSRTC; Indian Electric Vehicle Sales Surge: September 2023 Records 36% YoY Growth; And More


Ashok Leyland Secures Contracts for 1,282 Buses from Gujarat State Road Transport Corporation

In a significant development, Ashok Leyland, the flagship company of the Hinduja Group and a prominent player in India’s commercial vehicle manufacturing sector, has successfully secured a substantial order for 1,282 fully built buses from the Gujarat State Road Transport Corporation (GSRTC). This substantial order, noted as one of the largest single OEM orders from a State Transport Undertaking, is poised to further strengthen Ashok Leyland’s dominant position in the Indian bus market. Under the terms of this substantial contract, Ashok Leyland will deliver 55-seater fully assembled BS VI diesel buses in a phased manner. These buses are designed to prioritize passenger comfort and will incorporate the advanced iGen6 BS VI technology. This technology will include a robust 147 kW (197 hp) H-series engine, which promises enhanced safety, comfort, and cost-effectiveness for the Gujarat State Road Transport Corporation.

Indian Electric Vehicle Sales Surge: September 2023 Records 36% YoY Growth – Report

In September 2023, electric vehicle (EV) sales in India displayed promising growth trends, reflecting the country’s ongoing transition towards sustainable mobility, as reported by JMK Research. According to data from the Vahan Dashboard and industry research, EV sales saw a month-on-month increase of approximately 1%, totalling 127,735 units. On a year-on-year basis, comparing September 2023 to the same month in 2022, EV sales surged by an impressive 36%. The EV registrations in September 2023 were predominantly driven by electric two-wheelers and passenger-type electric three-wheelers, jointly contributing to 90.85% of total registrations for the month.

JLR’s Green Drive: Eight New Electric Models To Hit Indian Roads By 2030

Jaguar Land Rover (JLR), owned by Tata Motors, has ambitious plans to introduce eight battery electric vehicles (BEVs) in India by 2030. Currently, the company offers one electric model, the Jaguar I-Pace, in the Indian market. According to Lennard Hoornik, JLR’s Chief Commercial Officer, the company will start accepting orders for the Range Rover BEV in India next year, with deliveries expected to commence in 2025. Hoornik emphasized during an interview with PTI that the Indian market is a significant strategic priority for JLR, and the country is moving in the right direction regarding the transition to electric mobility. He highlighted the importance of subsidies, charging infrastructure, and affordable EVs in driving electric car adoption in India. Government subsidies, he noted, can play a crucial role in jumpstarting the transformation to electric vehicles.

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Shuzlan Energy And Transvolt Mobility Partner To Deploy 1,000 EV Charging Points For Electric Buses Across India

Shuzlan Energy Private Limited, a company specializing in charging infrastructure, has partnered with Transvolt Mobility to establish EV Charging Point Operator (CPO) infrastructure for 1,000 electric buses. These EV chargers will be strategically located across India, with the first hub at the Mira Bhayander Depot of the Mira-Bhayandar Municipal Transport (MBMT). This hub is expected to support 57 public transport electric buses. It represents the largest installation of EV charging stations, with plans for 350 charging stations to be operational within a year, all following a fixed-income model. These charging solutions aim to meet the increasing demand for sustainable transportation, making electric vehicle adoption more accessible and convenient.

mXmoto Launches Affordable mXv ECO Electric Scooter In India

mXmoto, an up-and-coming player in the clean mobility sector, has introduced its mXv ECO scooters, offering pricing starting at INR 84,999 for the 80-100 KM/Charge model and INR 94,999 (both ex-showroom) for the 105-120 KM/Charge version. Rajendra Malhotra, Managing Director of mXmoto, highlighted that despite being a budget-friendly scooter, the mXv ECO comes packed with high-end features, including a 6-inch TFT screen, a 3000 Watt BLDC Hub Motor, and highly efficient regenerative braking. The scooter is equipped with LiFePO4 batteries known for their exceptional quality, efficiency, and worldwide performance.

Quantum Energy Partners With Bijliride To Deploy 5000 Electric Scooters For Last-Mile Delivery

Quantum Energy, a leading electric vehicle (EV) start-up specializing in the design, development, manufacturing and sales of electric scooters, has announced its strategic tie-up with Bijliride, an EV two-wheeler rental company. Under this collaboration, a large fleet of approximately 5,000 e-scooters will be powered by Quantum Energy’s cutting-edge Bziness Pro in the last-mile delivery space. Boasting a powerful 1200W motor, the Bziness Pro can effortlessly reach a top speed of 55 kmph. Bziness Pro with an LFP battery gives a segment best range of up to 130* km on a single charge and comes with a warranty of 3 years or 90,000 km these electric scooters deliver unmatched efficiency and reliability for commercial deliveries, significantly contributing to reducing carbon emissions and promoting sustainable urban logistics.

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Cars 24 India Ex-CEO And Digital Platform Grip Launch Electrifi Mobility To Drive EV Adoption In India

Kunal Mundra, the former CEO of Cars 24 India, has teamed up with the digital investment platform Grip to launch Electrifi Mobility, an electric vehicle (EV) asset management and leasing company founded in June 2023. The goal is to advance electrification in India’s mobility sector. Electrifi Mobility offers a comprehensive asset management solution, covering asset selection, leasing, maintenance, post-sales support, refurbishment, and asset redeployment. In the past two months, Electrifi Mobility has deployed assets worth INR 10 crore, with additional deals worth Rs 30 crore in the pipeline. The company’s CEO pointed out that one of the key challenges in India’s journey to net-zero emissions is the electrification of transportation. Fleet operators are keen on adopting EVs but often struggle to choose the right assets and secure capital for deployment.

Kia Trademarks Eight New Electric Vehicles In India, Including Flagship EV9

Kia has secured trademarks for eight new electric vehicle (EV) models in India, ranging from the EV1 to the flagship EV9. While the EV9 is confirmed for an Indian launch next year, the status of the others remains unconfirmed. These trademarked names suggest Kia’s potential plans to introduce its entire EV lineup in India. The naming convention indicates their relative sizes and positioning, with the EV1 being the entry-level model and the EV9 as the flagship. Currently, the EV6 crossover is already available in India, and the EV5 was recently unveiled in production form. The EV5, a 4.6-meter-long SUV, will initially be sold in China and eventually in select global markets. This trademarking news comes just ahead of Kia’s EV day on October 12, where more details about these upcoming models are expected to be revealed.

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Delhi Electric Vehicle Sales Surge: 4,717 EV Registrations In September 2023

In a remarkable surge in electric vehicle (EV) adoption, Delhi reported a total of 4,717 electric vehicles registered in the month of September 2023. This substantial increase underscores the growing popularity of EVs in the region. Electric vehicles made a significant impact on the automotive market, accounting for 9.3% of all vehicles sold during the same period. This marks a notable shift towards cleaner and more sustainable transportation choices. Despite a slight dip compared to August 2023, the electric two-wheeler market remained robust, with 2,002 e-scooters sold. Additionally, in August 2023, 1,726 electric rickshaws found buyers, reflecting the growing demand for eco-friendly alternatives in urban transportation. Delhi also witnessed registrations of 584 three-wheelers primarily used for goods transportation, highlighting the versatility of EVs in various sectors.

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