Although the specifications of the Creta EV have not been unveiled yet, It is anticipated that the vehicle will have a range of 400–500 kilometres.

Hyundai discontinues Kona EV: Make ways for Creta EV launch

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The Kona Electric has been secretly taken down from Hyundai Motor India Limited's website. This action implies that the business is getting ready to introduce Creta EV. Hyundai's first electric car in India, the Kona Electric, was never given a makeover in its lifetime. The company has reported the Kona electric car to have a 452 km range on a single charge. Due to its outdated interior and crossover body style—which is less common than SUVs—the Kona Electric's sales were sluggish. Hyundai has stated that in January 2025, they will introduce their first electric car for the mainstream market. This car, an electric variant of the Creta, would be produced in Hyundai's Tamil Nadu plant, which is close to Chennai. It is presently not possible to obtain information regarding the Creta EV's specs. It is anticipated to have a stated range of 400–500 kilometres, nevertheless. This range is similar to the 550 km that Maruti Suzuki's future eVX electric SUV is expected to offer. The platforms used by the Creta EV and eVX may differ significantly from one another.&nbsp; The eVX will ride on a specially designed electric skateboard platform, with plenty of cabin room because the floorboard is made up of the battery pack and the wheels are placed at the corners. It's still unclear if the Creta EV will use an upgraded Creta chassis with an electric drivetrain or a brand-new electric skateboard platform. The Creta EV's pricing has not yet been made public. It is anticipated to cost between ₹20 lakh and ₹30 lakh, though. Other electric SUVs including the MG ZS EV, Tata Curvv, Maruti Suzuki eVX, BYD Atto 3, and Mahindra XUV400 will compete with the Creta EV. Hyundai made the right decision by releasing the Creta EV first, as the Creta ICE variant is among the most well-liked SUVs in India and has been selling rather well. Hyundai is gearing up for this momentous launch, which is a turning point in their efforts to increase the number of electric vehicles they provide in India. Hyundai's standing in the Indian electric car industry may change as a result of the launch of the Creta EV.

Hyundai discontinues Kona EV

Prashant Sha

With India’s adventure of electric vehicle transition and players trying to capture a piece of the market, automaker Maruti Suzuki India is also planning to establish around 25,000 EV charging stations ahead of the introduction of its electric SUV. At the Auto Expo 2023, the business initially disclosed plans to introduce a midsize SUV known as the 'Concept eVX' in India by next year. Citing sources, ET reported that the company is in talks with different energy companies and oil marketing companies (OMCS) to establish a charging ecosystem which has been the biggest impediment in the nation’s journey of faster adoption.&nbsp; Further, the report underlined that Maruti has already initiated surveying their dealer workshops for charging locations. "The plan is to have at least one dedicated bay and two charge points at its service centres. The company has already started training service mechanics in Bengaluru," Inc42 reported.&nbsp;

Maruti is in talks with different energy companies and oil marketing companies (OMCS) to establish a charging ecosystem which has been the biggest impediment in the nation’s journey of faster adoption.

Maruti to establish 25,000 EV charging stations

Prashant

BGauss, an Electric Vehicle original equipment Manufacturer (OEM), has initiated the production of its electric two-wheeler RUV 350. The vehicle is reported to be manufactured in the company’s facility in Chakan, Pune, Maharashtra. The BGauss RUV350 has an ex-showroom pricing of Rs 1.10 lakh. BGauss at present has over 120 dealerships around the country. The BGauss RUV350 is powered by a high-capacity lithium-ion battery with an ARAI-approved range of up to 145km on a single charge, which is paired with an in-wheel hyperdrive electric motor. The top speed is stated to be 75kmph. The electric two-wheeler is made of metal and runs on bigger 16-inch alloy wheels. Aside from the helmet, there is space for a charger and other items. The BGauss RUV350 has a digital TFT cluster equipped with remote diagnostics, Bluetooth connectivity and integrated navigation. The digital display shows real-time information including phone alerts and turn-by-turn navigation, as well as functions like reverse mode, cruise control, hill hold, fall detection, vacation mode, and side and main stand sensors. In addition, the display provides live vehicle tracking, 'God mode' (vehicle immobilisation), geofencing, a dual theme, document storage, a photometric adaptive display for day and night modes, speed, battery condition, and range. In the event of achieving milestones, the BGauss RUV 350 has become the first electric two-wheeler in India to reach Umling La, the world's highest motorable road.

The BGauss RUV350 is powered by a high-capacity lithium-ion battery with an ARAI-approved range of up to 145km on a single charge, which is paired with an in-wheel hyperdrive electric motor. 

BGauss starters to produce RUV350 in Pune

BGauss starters to produce RUV350 in Pune: Enjoy 145km range @Rs 1.10 Lakh

Bajaj Auto, an automobile original equipment manufacturer (OEM) is ready to debut a number of innovative clean energy vehicles, according to a report by CNBC-TV 18. Rajiv Bajaj, CEO of Bajaj Auto announced that the business will "soon introduce another CNG motorcycle," following the recent introduction of the Freedom 125, the world's first CNG-powered motorcycle, according to the report. The report highlighted that Bajaj Auto intends to exhibit ethanol-powered motorbikes and three-wheelers next month, with launches scheduled for FY25. In addition, the business intends to produce economical and premium electric scooters in FY25, along with a new Chetak platform that will be available early next year. Citing the CEO on the question about the launch expectations for electric bikes, CNBC-TV 18 reported “The advantage that motorcycles had over scooters in ICE format is now gone with EVs. Scooters in the EV format hold far more potential than motorcycles.” The efforts are reported to be the company’s wider goal to cross the monthly sales milestone of 100,000 clean energy vehicles by the festive season. The company’s recent launch, Freedom 125, comes with a 2-litre petrol tank, 2 kg CNG cylinder, and a range of 300km. The company has already dispatched 2,000 units of the vehicle. Meanwhile, Bajaj Auto advocates for a decrease in GST on CNG bikes. The CEO&nbsp; highlighted that “If electric vehicles can be taxed at 5%, there is no reason for a vehicle driven by a cleaner fuel, such as CNG, to be taxed at 28%.”

Bajaj Auto is expected to exhibit ethanol-powered motorbikes, three-wheelers and premium electric scooters in FY25, along with a new Chetak platform

Bajaj plans to launch new Chetak EV platform

Bajaj plans to launch new Chetak EV platform, CNG bikes and much more: CEO

According to Morgan Stanley, Tesla's supercomputer, Dojo, which trains AI models for autonomous vehicles, may provide the<a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;"> electric vehicle</a> manufacturer with an "asymmetric advantage" and increase its market valuation by over $600 billion, or 76%. Tesla began producing the Dojo in July and anticipates spending over $1 billion over the course of the following year. Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," according to a note sent on Sunday by Morgan Stanley analysts under the direction of Adam Jonas. “What additional markets may emerge if Dojo is successful in making cars 'see' and 'react,' I wondered. Think about any edge gadget with a camera that makes judgements in real-time based on its visual field”, added Jonas. The Wall Street firm changed the company's rating from "equal-weight" to "overweight" and elevated Tesla's stock to the position of "top pick," displacing Ferrari's American-listed shares. According to LSEG data, Morgan Stanley increased its price goal for Tesla's shares over the next 12 to 18 months by 60% to $400. At that price, according to Morgan Stanley's estimates, the EV manufacturer would have a market capitalization of around $1.39 trillion. After the stock price reached a closing of $248.5 on Friday, the market worth of the company was estimated to be at $789 billion.Jonas anticipates Dojo to be the programme and service that adds the greatest value. The analyst increased his projected income from Tesla's network services division from $157 billion to $335 billion in 2040. By 2040, nearly tripling from 2030, Jonas projects the segment to provide more than 60% of Tesla's core earnings.According to Jonas, "This increase is primarily the result of the emerging opportunity we see in third-party fleet licencing, increased ARPU (average monthly revenue per user)."

Tesla began producing the Dojo in July and anticipates spending over $1 billion over the course of the following year. Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price,"

EV industry may get a boost by Tesla supercomputer

Morgan Stanley: EV industry may get a boost by Tesla supercomputer

The manufacture of a small battery-powered automobile under development would take place in Thailand or India as part of Foxconn's venture's effort to create a standardised electric vehicle platform,&nbsp;the chief executive of the company, reported. According to Mobility in Harmony’s (MIH’s) CEO Jack Cheng in an interview with Reuters, the Taiwanese business's <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV </a>platform division would be prepared to collaborate with its parent or another business to produce the new three-seat EV priced around $20,000 and specifically designed for a corporate delivery fleet. Prior to revealing its first prototype EV at Japan's premier auto trade exhibition in October, MIH has been in negotiations with convenience stores, automobile rental agencies, and courier services, Cheng revealed. He wouldn't say which businesses were in discussions with MIH, but he did say that the automobile would cost between $10,000 and $20,000. He said that Thailand and India are plausible candidates for production locations and predicted that India will be essential to MIH's long-term growth. "You build where you anticipate the market to be...You now have a sizable volume opportunity, Cheng continued, referring to India as a possible "emerging power for the next generation" in the EV market. The possible buyers of MIH's new car or its production plan were not previously disclosed. Since 2021, Foxconn has collaborated on an EV-focused joint venture with Thailand's government-owned energy firm PTT which is a focus for the government of the Southeast Asian nation. For its part, Foxconn has thus far been unable to get a deal that would demonstrate that the EV market can be opened up to the kind of contract manufacturing that Foxconn rose to prominence in consumer electronics for Apple's iPhone. Foxconn launched the 2,600-member MIH consortium two years ago with the intention of developing an open platform that might eventually replace Google's Android operating system for electric vehicles. Although Cheng acknowledged MIH has "not seen success yet," he predicted returns for participating suppliers with orders for a variety of new EVs dubbed Project X. Corporate fleet operators will be able to buy specially designed EVs using low-cost, shared platforms. After the prototype is revealed in October, MIH expects to begin manufacturing the three-seat EV, Cheng added. In 2024 and 2025, respectively, a six-seat and a nine-seat EV are planned. In a best-case scenario, it would take MIH four years or more from its creation to its first sales, according to its schedule. However, Cheng, who co-founded the Chinese electric vehicle manufacturer NIO and oversaw Fiat's joint venture in China before joining Foxconn, claimed that Tesla's success with its sizable Shanghai facility demonstrated how rapidly an EV manufacturer could grow up. "I'm creating another Shanghai, possibly in India," Cheng said. "If this is a Foxconn plant, great, it's the mother company, and we put it in the Foxconn plant," was the response. Give it to the India factory if it is a nearby facility and is even more competitive. Foxconn, which now only makes a small number of EVs, has set a preliminary goal of capturing 5% of the worldwide market by 2025. According to Cheng, MIH's sales will contribute to Foxconn's goal.

The Taiwanese business's EV platform division would be prepared to collaborate with its parent or another business to produce the new three-seat EV specifically designed for a corporate delivery fleet

Foxconn seeks India as a market for small e-cars

Foxconn’s EV division seeks India, Thailand as a potential market for small cars

The Uttar Pradesh government launched a subsidy webpage on Wednesday, enabling customers of <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">electric vehicles</a> who bought their vehicles after October 14, 2022, to apply for financial aid. The effort, according to officials, was intended to encourage electric vehicles all around the state. The action is a part of the 2022 Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy, which also includes an incentive programme for purchase subsidies. Here are all the specifics on how to claim the subsidy, how much it is, and when it expires for purchasers of electric vehicles. <h2>How to apply for UP EV subsidy scheme?</h2> Applicants for the EV subsidy must submit their applications using the website upevsubsidy.in. According to representatives, when a four-stage verification procedure is successfully completed, the subsidy amount will be sent to the customer's bank account after the application is filed. The Uttar Pradesh Development Systems Corporation Ltd (UPDESCO), according to a release, has been given responsibility for the creation and upkeep of the platform.The Purchase Subsidy Promotion Scheme may be implemented in accordance with the Policy, subject to certain restrictions. Dates for the UP EV Subsidy Program's Start, End, and Expiration&nbsp;On October 14, 2022, the UP government's EV subsidy programme enters into action. The promotion will run through October 13, 2023. UP EV Subsidy Scheme: Application Process&nbsp;The authorities said that after a successful four-stage verification procedure, the subsidy amount will be sent to the customer's bank account once the electric vehicle buyer submitted the application on upevsubsidy.in. According to Rajiv Srivastava, Additional Commissioner (Transport), a four-level verification procedure will start with dealer verification and continue with registration and departmental verification once the online application has been submitted. TI (Transport Inspector) will conduct the last inspection. The information released on the web states that, when the verification procedure is complete, the banking partner would transfer the subsidy amount to the customer's bank account within three working days. Who may apply for the UP Government's EV Subsidy Programme?&nbsp; On the purchase of any single car across all vehicle classes, individual recipients (buyers) will be qualified for EV subsidies. However, aggregators or operators of fleets (buyers) will also be allowed to obtain purchase subsidies. This will allow a unit to collect subsidies for up to 10 cars across vehicle classes. <h2> </h2><h2>How much subsidy can you get?</h2> The amount of the subsidy will be 50% of the overall incentive for buyers of EVs without batteries. Currently, the subsidy can be given at any moment.&nbsp; Two-wheelers: For the first two lakh orders, the subsidy for two-wheeler electric vehicles would be Rs 5,000 per car, up to 15% of the ex-factory cost. Four-wheelers: For the first 25,000 purchases of four-wheeler electric vehicles, the subsidy will be up to 15% of the ex-factory price or Rs 1 lakh per vehicle. Electric buses: The first 400 non-government e-buses will receive a subsidy of up to 15% of the ex-factory cost, or Rs 20 lakh per vehicle. E-goods transporters: The first 1000 e-goods transporters would each receive a vehicle subsidy of Rs. 1 lakh.

On the purchase of any single EV across all vehicle classes, individual recipients (buyers) will be qualified for EV subsidies. However, aggregators or operators of fleets (buyers) will also be allowed to obtain purchase subsidies

All you need to know about UP’s EV subsidy

Get upto Rs 1 lakh incentive on your EV: All you need to know about UP’s EV subsidy

On Friday, the Tata Group and the Gujarat government entered into an outline agreement for the construction of a lithium-ion cell facility with an estimated investment of Rs 13,000 crore ($1.6 billion). India is making the move in an effort to build its own <a href="www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">electric vehicle</a> (EV) supply chain. The decision to build the EV battery facility in Sanand, Gujarat, was made earlier this week during a <a href="https://www.tata.com/business/tata-sons#:~:text=Tata%20Sons%20is%20the%20principal,generation%2C%20and%20art%20and%20culture." rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Tata Sons</a> board meeting, persons familiar with the situation reported.&nbsp; Tata Motors already operates a facility in Sanand and has also bought the Ford Motors plant that is nearby. The two factories' integration process has started, and it might take up to a year to finish. Work on the project is anticipated to begin in less than three years, according to a joint statement on the memorandum of understanding (MoU) between the Gujarat government and Tata's company Agratas Energy Storage Solutions. The announcement stated that it will initially have a manufacturing capacity of 20 Gigawatt hours (GWh), which could be expanded twofold in a subsequent stage. In less than three years, construction on the facility will begin. Earlier this week, the Tata Sons' board of directors declared the decision on the factory. The second phase of expansion to quadruple the manufacturing capacityJLR said in April that it would spend about $19 billion over five years to rebrand itself as a contemporary and electric-first automaker. The state's reliance on lithium-ion batteries will rise dramatically as EV usage rises, according to the statement. The statement said, "This project will assist in developing a lithium-ion cell manufacturing ecosystem in the state." Jaguar Land Rover (JLR), a Tata Motors affiliate, unveiled its electrification strategy in April. As part of its ambition to redefine itself as an electric-first and contemporary automaker, JLR announced it will invest £15 billion (almost $19 billion) over the next five years. The JLR facility in Wolverhampton, UK, which presently manufactures Ingenium internal combustion engines for its cars, will construct electric drive units and battery packs for its next-generation vehicles as part of this strategy. According to sources, a new battery facility from the Tata family may be built in the UK or another European country. The precise site has not yet been determined. British Prime Minister Rishi Sunak and Tata Group Chairman N Chandrasekaran are reportedly planning to meet shortly. India's automobile market is small in relation to the country's population. EV sales, which made up barely 1% of India's total automobile sales last year of roughly 3.8 million, are dominated by Tata Motors.

The decision to build the EV battery facility in Sanand, Gujarat, was made earlier this week during a Tata Sons board meeting,

Tata and Gujarat government signed an agreement for the construction of a lithium-ion cell facility

Tata and Gujarat government signed an outline agreement for the construction of a lithium-ion cell facility

Tata Group join hands with Gujrat for construction of Rs13000-crore EV battery plant

&nbsp; &nbsp;The automobile market giant <a href="https://ev.tatamotors.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Tata motors</a>, on February 20, announced to provide 25,000 XPRES-T electric vehicles to <a href="https://www.uber.com/in/en/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Uber</a>. The deal is seen as one of the biggest deals in the green mobility field of the Indian market.&nbsp;According to the conglomerate, the signed MOU between the two firms will launch the e-sedans in their premium category.&nbsp;The all-new electric batch will be available in&nbsp;Delhi National Capital Region, Kolkata, Mumbai, Maharashtra, Chennai, Bangalore, and Ahmedabad, the company added.&nbsp;&nbsp;<a href="https://evindia.online/company/tata-motors" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Tata Passenger Electric Mobility</a> and Tata Motors Passenger Vehicles MD Shailesh Chandra said, ''In line with our commitment to grow sustainable mobility in the country, we are delighted to partner with Uber, India's leading ride-sharing platform.''&nbsp;&nbsp;Individual ride-sharing that is green and clean would catch on faster if Uber's premium category service offered customers ecologically pleasant EV journey experiences. Our market position in the fleet industry will be further strengthened by this cooperation, he claimed.&nbsp;According to Prabhjeet Singh, President of Uber India and South Asia, the firm is dedicated to bringing sustainable, shared mobility to India, and this cooperation with Tata Motors represents a significant step forward in that direction.&nbsp;Up till now, this is the biggest EV relationship between a car manufacturer and an Indian ride-hailing service. It will hasten the transition to zero emissions on the Uber platform as we work to build a sustainable future," he added.&nbsp;&nbsp;For the consumer and fleet markets, Tata Motors has already produced more than 50,000 EVs at its plants. In July 2021, the automaker unveiled the "XPRES" brand, which was developed especially for fleet customers. The first vehicle to sport this brand is the XPRES-T EV.&nbsp;The new XPRES-T electric saloon has two range options: 315 km and 277 km (ARAI-certified range under test conditions). It has a 26 kWh or 25.5 kWh high energy density battery inside, which can be charged normally or fast from zero to eighty percent in 59 minutes or 110 minutes, respectively.&nbsp;It has a single-speed automatic transmission, dual airbags, anti-lock brakes, and an electronic braking system as standard across all variants. It also has zero tailpipe emissions.

 The automobile market giant Tata motors, on February 20, announced to provide 25,000 XPRES-T electric vehicles to Uber.

Tata Motors Singed MOU with Uber: plans to deliver 25,000 XPRES-T electric sedans

Shubham

Although the specifications of the Creta EV have not been unveiled yet, It is anticipated that the vehicle will have a range of 400–500 kilometres.  | EV Marketplace

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Hyundai discontinues Kona EV: Make ways for Creta EV launch

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