Rolls-Royce Unveils ‘Spectre’ Electric Vehicle In India: Luxury Redefined In The EV Segment
Rolls-Royce, the renowned British luxury automaker, unveiled its Spectre electric vehicle (EV) in India with a price tag of Rs 7.50 crore (ex-showroom) on January 19. As a significant move amid the global shift towards EVs, the Spectre EV represents the company’s inaugural all-electric car. The purchase cost of a Rolls-Royce Spectre in India stands at Rs 7.5 crore (ex-showroom), excluding optional features, positioning it as the most expensive electric four-wheeler available for private buyers in the country. Alongside the pricing announcement, the prestigious British marque disclosed the battery specifications and official range of its premier all-electric vehicle, with bookings opening on the same day.
Greaves Finance and ElectricPe Forge Strategic Partnership to Revolutionize Electric Vehicle Ownership in India
Greaves Finance Limited, a non-banking financial company (NBFC) and subsidiary of Greaves Cotton Ltd, has announced a groundbreaking partnership with ElectricPe, India’s leading EV solutions provider. This collaboration, facilitated under the evfin electric vehicle ownership platform, represents a significant step in transforming the electric vehicle (EV) landscape in India. ElectricPe, known for its extensive offerings in virtual and physical mobility centers, selling various 2-wheeler OEM brands, has joined forces with evfin to simplify and elevate the EV ownership experience. The collaboration brings together two industry leaders committed to reshaping the electric vehicle journey for customers.
Okaya EV Successfully Commissions High Capacity EV Chargers for Ayodhya Water Metro Project
In a significant achievement, Okaya EV, a leading brand in electric vehicle charging solutions, has successfully commissioned high-capacity EV chargers for the Ayodhya Water Metro Project. This milestone represents a crucial step towards sustainable and efficient transportation, particularly aimed at enhancing religious tourism in the city. The stations, strategically equipped with 150 kWh CCS2 Super-Fast EV chargers, play a pivotal role in supporting the Water Metro service operating between Guptar Ghat and Naya Ghat. These eco-friendly boats, designed to accommodate up to 50 passengers, offer a comfortable and sustainable mode of transportation. The introduction of the water metro is expected to significantly reduce travel time between the two ghats, providing passengers with a scenic cruise on the Saryu River.
JSW Group’s Ambitious Electric Vehicle Plan In Odisha Receives Green Light With Rs 40,000 Crore Investment
The Odisha government greenlit 14 proposals, including the JSW Group’s ambitious plan to establish electric vehicle (EV) and component manufacturing units in Cuttack and Jagatsinghpur districts with a massive investment of Rs 40,000 crore. The Cabinet, led by Chief Minister Naveen Patnaik, approved a special incentive package for JSW Group’s EV projects in Naraj, Cuttack, and Paradip, Jagatsinghpur. These projects, collectively investing over Rs 40,000 crore and generating more than 11,000 jobs, are poised to bring significant industrial growth and employment opportunities to the state.
Ola Electric Takes The Lead In 2023 Electric 2-Wheeler Market, Spearheading A Surge In Sales
In a breakthrough year for the electric two-wheeler segment, 2023 witnessed a remarkable surge in sales, with Ola Electric emerging as the undisputed leader, supplying more than 31% of the total electric two-wheelers sold in the calendar year. The industry reported a total of 8.59 lakh units sold, marking a significant milestone for the growing electric mobility sector. Ola Electric’s commanding presence in the market underscores the brand’s commitment to driving the transition towards sustainable transportation. With sales exceeding 2.67 lakh units, Ola Electric’s contribution played a pivotal role in shaping the electric two-wheeler landscape. The company’s success can be attributed to its innovative product offerings and a robust infrastructure supporting widespread adoption.
Revolt Motors Unleashes RV400 BRZ: A Green Revolution In Cost-Effective Electric Biking
Revolt Motors has unveiled the RV400 BRZ, a fresh iteration of its electric motorcycle, the RV400. Priced at an introductory rate of Rs 1.38 lakh (ex-showroom), the new variant is available in five colors: Lunar Green, Pacific Blue, Dark Silver, Rebel Red, and Cosmic Black, offering a Rs 5,000 reduction compared to the standard model. Featuring a 72V, 3.24 kWh lithium-ion battery, the electric bike boasts varying ranges of up to 150 km in Eco Mode, 100 km in Normal Mode, and 80 km in Sport Mode. The RV400 BRZ incorporates regenerative braking and can be charged from 0-100% in around 4.5 hours. Notable features include a combi-braking system, a side stand cut-off, and a comprehensive digital instrument cluster. Prospective buyers can reserve the RV400 BRZ with a minimal booking amount of Rs 499 through the official Revolt Motors website or authorized dealerships.
Tata Motors Electric Vehicle Production Plans For Sanand Plant Unveiled: Nexon EV Kickstarts In April
Tata Motors is set to initiate the production of electric vehicles at the Sanand plant, acquired from Ford India last January, starting from April this year, according to a senior company official. Shailesh Chandra, MD of Tata Motors Passenger Vehicles, mentioned that the production would kick off with the Nexon EV. The facility, acquired for Rs 725.7 crore, has an initial capacity of 3 lakh units annually, with the potential for expansion to 4.2 lakh units. Chandra also revealed plans to manufacture upcoming models at the same facility, including the introduction of Curvv EV in the second or third quarter of the current calendar year. The Harrier EV and the internal combustion engine (ICE) version of Curvv are anticipated to follow by the end of the year.
BNC Motors Unveils Ambitious Plan For National Expansion, Adding Over 300 Dealerships In India
BNC Motors, a prominent player in the electric vehicle (EV) bike sector, has unveiled its ambitious plan for nationwide growth, announcing the strategic addition of more than 300 dealership networks in India to its existing 10 outlets. The company aims to accomplish this expansion by the end of the current calendar year, with a focus on establishing around 90 new outlets in the northern part of India, particularly in states like Delhi-NCR, Uttar Pradesh, Punjab, and Haryana. This significant initiative reflects BNC Motors’ steadfast commitment to sustainable transportation solutions, responding to the rising demand for electric mobility in the country.
Classic Legends Pioneering Electric Bikes: Plans Unveiled For Jawa, Yezdi, And BSA
Classic Legends, the company responsible for designing, manufacturing, and selling iconic motorcycle brands such as Jawa, Yezdi, and BSA, is actively working on electric bikes and plans to introduce them to the Indian market once the charging infrastructure is adequately developed, according to CEO Ashish Singh Joshi. While the current charging infrastructure can support entry-level electric scooters or motorcycles with a range of 50-100 km, it is not yet equipped for high-performance and intercity bikes, Joshi mentioned. “We explored electric options from the beginning and initiated the development of our electric product. We have received a grant from the British government for our tech center in Coventry to work on electric products under the BSA brand. Our electric program is in progress there,” explained Joshi in a statement to PTI.
Electric Vehicle Evolution: Key Role In India’s Shift To A Low-Carbon Economy, Affirms DPIIT Secretary
The aspiration to transform India into a developed nation by 2047 involves a significant pivot towards electric vehicles, bolstered by tax incentives, production-linked incentive schemes, and the mandatory establishment of charging infrastructure, as outlined by a senior government official on Monday. Rajesh Kumar Singh, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), emphasized the crucial role of Electric Vehicles (EVs) in India’s shift towards a low-carbon economy. Singh underscored the comprehensive vision for 2047, emphasizing a substantial transition to electric vehicles across diverse sectors, supported by tax incentives, Production Linked Incentive (PLI) schemes, and the obligatory provision of charging infrastructure.
Ather Energy Teases ‘Rizta’: A Family-Focused Addition To Its Electric Scooter Lineup
Ather Energy is gearing up to launch its new electric scooter later this year, and it has revealed the name of the upcoming model. The second all-new electric scooter from the brand will be known as the ‘Ather Rizta’ and is scheduled to debut in six months during ACDC 24 (Ather Community Day Celebration 2024). Tarun Mehta, co-founder and CEO of Ather Energy, confirmed this information on social media, providing a glimpse of the scooter and emphasizing advancements in comfort, safety, and unique features. The Ather Rizta marks a significant leap for Ather Energy, introducing an all-new platform after nearly a decade since the introduction of the 450 Series. The teaser suggests a more rounded design and expanded market appeal with features like a spacious floorboard and a wide seat.
