The new premium stores are centrally located in Kalamassery and Edappally to provide a distinctive ownership and purchase experience over any traditional vehicle.

Kochi welcomes two new Tata Passenger Electric Mobility stores

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Tata Passenger Electric Mobility, on Friday, opened two EV-exclusive retail outlets in Kochi, Kerala. The two EV outlets, TATA.ev Edappally and TATA.ev Kalamassery will be accessible to the public starting today, according to the company’s official statement. According to the firm, the new premium stores are centrally located in Kalamassery and Edappally to provide a distinctive ownership and purchase experience over any traditional vehicle. Babu Moopan, Chairman of Luxon Motors Private Limited and Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Limited (TMPV) and Tata Passenger Electric Mobility Limited (TPEM) attended the TATA inauguration alongside the leadership of TPEM and Luxon Motors, as well as the store staff of Tata.ev Edappally.

Tata Passenger Electric Mobility stores in Kochi

Prashant

Prime Minister Narendra Modi on the 2nd day of his visit to Singapore discussed various topics with his counterpart including electric vehicles (EVs), improving the infrastructure of ambulances in India and the scrappage business of old vehicles. During the Business Leader’s summit, both the representatives discussed extensively ways to establish a resilient semiconductor ecosystem in India. The Indian automobile sector has seen an increase in customer demand for electric vehicles. Moreover, to increase customer acceptance of electric vehicles, the government has enacted the FAME subsidy and EMPS plan as incentives to improve electric vehicle production and India's EV charging infrastructure.&nbsp;&nbsp; Citing PM Modi at the Business Leaders’ Summit, Republic World reported, “If your companies choose to invest in this direction, it will help create a substantial new market for electric vehicles.”&nbsp;&nbsp; PM Modi also addressed the medical infrastructure during the Singapore Business Leaders' Summit, namely the outdated ambulances still in use in India. PM Modi calls to upgrade these ambulances with contemporary hybrid technology. Hybrid ambulances would give both options because hybrid technology uses both electricity and petrol, reducing the danger of the ambulance breaking down in the middle due to fuel issues.&nbsp;&nbsp; “For instance, my top priority is to replace all the old ambulances in the country with new ones, focusing on hybrid electric vehicles. This would ensure that our ambulances never have to stop due to fuel issues,” the report further cited. The Indian government launched the Vehicle Scrappage Policy in 2021. This initiative aims to replace outdated and inefficient automobiles with newer, more modern ones. Currently, the government offers incentives to customers willing to buy a new vehicle if they can present a scrappage certificate for their older vehicle. “We should also address environmental problems in other ways, such as through a scrapping policy. In this sense, I want to discard all outdated government vehicles. Removing these old automobiles is a significant challenge in a big country like ours,” PM Modi further said.

PM Modi also addressed the medical infrastructure during the Singapore Business Leaders' Summit, namely the outdated ambulances still in use in India. PM Modi calls to upgrade these ambulances with contemporary hybrid technology.

PM Modi invites investments in India’s EV market

 PM Modi invites investments in India’s EV market: 2nd day of PM Modi's visit 

The government has increased the production-linked incentive scheme for automobiles and auto components to ₹3,500 crores in FY25, from ₹604 crores allocated in FY24, according to the budget estimates, even though Finance Minister Nirmala Sitharaman did not mention the automobile sector in her speech regarding the FY25 budget.&nbsp; Automobile companies expected the next budget to include some funding for localisation. The government had said in the economic review for 2023–24 that the auto PLI had drawn ₹67,690 crore in investment, of which ₹14,043 crore had been made up to March 31, 2024. Under the auto PLI plan, which has a ₹25,938 crore budgeted investment from FY23 to FY27, 85 applications have been approved thus far. It is to be noted that the FAME-III scheme (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicle in India) has not received any official announcements from the government, but according to budget estimates, the funding for FAME in FY25 is ₹2,671.33 crore, compared to ₹5,171.97 crore in FY24 budget estimates. The ₹11,500 crore five-year FAME-II plan concluded on March 31, 2024. Meanwhile, the government has set aside ₹250 crore for the FY25 National Programme on Advanced Chemistry Cell (ACC) Battery Storage. Similarly, the government has budgeted ₹500 crore for the Electric Mobility Promotion Scheme 2024, which was unveiled in April of this year, based on budget predictions. Notwithstanding the expectations of Industry participants, the union budget does not include explicit provisions for the automobile industry. However, the government's effort for localisation is expected to encourage the manufacture of lithium-ion batteries in India, notwithstanding the exemption of copper, cobalt, and lithium from customs tariffs. Lithium-ion batteries are primarily made of lithium and cobalt. Citing Akihiro Ueda, CEO of Terra Charge India, Business Today reported, "The 2024 Budget has kept the EV industry supported, which is fantastic news for manufacturers. However, I still anticipate the policies that will boost growth, solve supply chain issues, and advance sustainable transportation. The budget's most notable feature is the total waiver of customs taxes on lithium, an essential component of electric vehicles. Furthermore, the government is encouraging the development of new jobs in the industrial sector, which will directly affect about 30 lakh young people."

FAME-III has not received any official announcements from the government, but according to budget estimates, the funding for FAME in FY25 is ₹2,671.33 crore, compared to ₹5,171.97 crore in FY24 

FAME budget decline

Budget 2024: Production-linked incentive scheme receives boost, FAME budget decline

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.

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

Hyundai discontinues Kona EV: Make ways for Creta EV launch

Prashant Sha

Maruti Suzuki has taken a brave step by declaring its ambitions to launch six electric vehicles by 2030 amid the emerging demand for <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">electric vehicles</a> in the market. In an exciting move, the firm will present its new line-up of electric vehicles at the Japan Mobility Show 2023, which is slated to start on October 26 in Tokyo. Maruti Suzuki has built a solid reputation for offering fuel-efficient vehicles at reasonable rates. In keeping with this tradition, the business plans to electrify the Alto, one of its most cheap versions. The Alto EV is expected to have an amazing range of up to 200 km on a single charge, according to sources, however specifics regarding the engine are yet unknown.&nbsp;The Alto EV, which was created with an emphasis on intercity connection, heralds a new era in automotive innovation. Beyond the Alto, Maruti Suzuki has lofty plans to enter the electric car industry. The Suzuki eWX, an electric variation of the well-known Waggon R, and the Maruti Suzuki eVX, a cutting-edge electric vehicle, are among the models offered by the firm. A car that stands out in terms of performance and elegance is the Maruti Suzuki eVX. It offers two battery pack choices, one with a capacity of 60 kWh and the other with a capacity of 48 kWh. The eVX claims a remarkable driving range of up to 500 km on a single charge using these batteries. The car's proportions, which measure 4300 mm in length, 1800 mm in width, and 1600 mm in height, are also significant since they provide for plenty of passenger room. A sizeable 2700 mm wheelbase further guarantees stability and comfort. In October 2024, the eVX will be available to interested parties. The Suzuki eWX, on the other hand, although smaller in size, adds appeal to the electric car market. With dimensions of 3395 mm in length, 1475 mm in width, and 1620 mm in height, it provides small but fashionable packaging. The eWX adds flare to the <a href="https://evindia.online/car" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;">electric car </a>scene with its unusual C-shaped lighting units, body-coloured front bumper, sizable tyres, and appealing front appearance. The Alto EV and its siblings, the Suzuki eWX and Maruti Suzuki eVX promise to usher in a new age of electric vehicles, combining affordability, luxury, and increased range as Maruti Suzuki sets off on this exhilarating adventure. These options, which cater to a wide variety of preferences, are set to have a substantial influence on the market for electric vehicles.

 Beyond the Alto, the Suzuki eWX, an electric variation of the well-known Waggon R, and the Maruti Suzuki eVX, a cutting-edge electric vehicle, are among the models offered by the firm

Maruti is all set to launch 6 EVs

Maruti is all set to launch 6 EVs including Alto by 2030

A substantial relationship between MG Motor India and the prestigious "Startup20" Shikhar event has been announced. In keeping with its ground-breaking MG Developer &amp; Grant Programme (MGDP), this partnership symbolises MG Motor India's continuous commitment to fostering innovation and entrepreneurship in India's dynamic mobility industry. The Summit, which is expected to be held in Gurgaon on July 3 and 4, 2023, promises to be a remarkable venue for both established companies and start-ups.&nbsp; MG Motor India's Deputy Managing Director, Gaurav Gupta, expressed his enthusiasm for this collaboration by saying, "We take enormous delight in confirming our commitment to supporting innovation and enabling entrepreneurs in the Indian automotive sector through our MG Developer &amp; Grant Programme. At MG Motor India, we have always promoted technology improvements and provided budding business owners with significant support. We are looking forward to the opportunity to promote fruitful partnerships and the sharing of ground-breaking ideas by taking part as the official Mobility Partner in the Startup20 Shikhar event. Since it first arrived in India, MG Motor India has encouraged tech companies to create ground-breaking programmes and experiences that would transform the automotive industry. MG Motor India has worked with almost 1,500 startups in the past four years alone through its highly regarded MGDP, the largest mentorship programme in the automotive industry. In particular, 25 exceptional businesses have won in a variety of categories, including Artificial Intelligence, Autonomous Mobility, Blockchain, Connected Cars, Electric Vehicles &amp; Infrastructure, Virtual Reality (VR), Ease of Business, Shared Mobility, Vehicle Diagnostics, and Sustainability. Startup20, a formal engagement group created under India's G20 presidency, functions as an essential platform for communication amongst international players in the startup ecosystem. This important event, which primarily aims to represent the global startup ecosystem, brings up macroeconomic issues and problems encountered by entrepreneurs in front of G20 officials. Over 300 dignitaries, including representatives from G20 members and invitee nations, international organisations, and national delegations, are expected at the "Startup20" Shikhar event. The 'Startup20' Shikhar event's association with MG Motor India as the Mobility Partner sets the setting for a thrilling confluence of creative minds, lighting the fuse for unparalleled innovation and raising the bar for India's startup ecosystem.

The Summit, which is expected to be held in Gurgaon on July 3 and 4, 2023, promises to be a remarkable venue for both established companies and start-ups. 

Startup20, a formal engagement group created under India's G20 presidency

MG Comet EV join hands with G20 Start-up Summit

An image of the <a href="https://www.mahindra.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Mahindra</a> XUV.e8, the first car to be released as part of Mahindra's electric revolution, has been circulating online since it was recently sighted during open testing. According to the spy photos, the new XUV.e8 has undergone many revisions from the concept vehicle Mahindra unveiled last year. Even though the Mahindra XUV.e8 MotorBeam photographed was tightly disguised, certain obvious aspects show the substantial alterations Mahindra made for the commercial version. The Mahindra XUV.e8 production vehicle will have a more traditional look similar to the XUV700, as opposed to the concept car's distinctive front fascia. The concept model's headlamps and radical closed grille design have been changed. Instead, the XUV.e8 test mule has a front fascia like the XUV700, with C-shaped all-LED headlights and vertical slats on the closed grille in the middle. Along with the small housings for the fog lights, the XUV.e8's front bumper is also shared with the XUV700. The Mahindra XUV.e8 will include copper-coloured accents, similar to the XUV400. These accents are anticipated to be seen on the vertical slats of the front grille, fog lamp housings, wheel caps, and front and rear profiles. Mahindra's decision to employ copper-coloured accents instead of the common blue colour used by many all-<a href="https://evindia.online/vehicles?type=3" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric cars</a> to indicate their electric nature adds a distinctive touch. The inside of the Mahindra XUV.e8 has not been seen in the stolen photos, although it is anticipated to resemble the XUV700's interior. A brand-new born-electric INGLO platform created in partnership with Volkswagen will serve as the foundation for the new XUV.e8. The line of electric cars from Mahindra, which were first unveiled as concepts last year, will be built on this platform. The Mahindra XUV.e8 will measure 4740mm in length, 1900mm in width, and 1760mm in height, which is a little bit longer than the XUV700, with which it shares a significant chunk of its design. It will feature a larger 60-80 kWh battery pack than the 39.5 kWh battery in the XUV400. This upgraded battery pack is anticipated to provide a real-world range of between 400 and 450 km. The Mahindra XUV.e8 will compete against the Tata Harrier electric, another electric vehicle scheduled for earlier delivery and on show at the 2023 Auto Expo.

The Mahindra XUV.e8 will include copper-coloured accents, similar to the XUV400

The Mahindra XUV.e8 production vehicle will have a more traditional look similar to the XUV700,

Spy photos revealed: Mahindra XUV.e8 found testing

<a href="https://evindia.online/product/tata-motors-tigor-ev-xe" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;">Tata Tiago EV</a> is currently India's most-affordable four-door electric hatchback priced between INR 8.69 lakh and INR 12.04 lakh ex-showroom. Within one year of its launch, the compact hatchback <a href="www.evindia.online" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;">EV</a> has managed to gain traction from smaller towns amounting up to 49% of its total sales. Overall, Tiago EV has garnered 35% of sales from the top 10 cities, 16% of sales from the next 10 cities and the remaining 49% is contributed by the rest of the country. Tiago EV has reportedly fared better than the<a href="https://evindia.online/product/tata-motors-nexon-ev-xe" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;"> Nexon EV </a>in smaller cities such as Satara, Bilaspur, Shimoga and small towns in Kerala. The fact that people in smaller towns prefer Tata's more compact electric vehicle over the electric Nexon SUV suggests that the technology may catch on with the general public. In comparison to its SUV sister, the Tiago EV has had more market penetration, with nearly 50% of reservations coming from locations other than India's top 20 cities. First-time auto purchasers have taken an interest in the Tiago EV as well. The business claims that 24% of its overall customers purchased the Tiago EV straight, never having owned a vehicle before. Additionally, at 24%, women make up roughly one-fourth of its customers. This proportion is twice as high as the industry average for female consumers. Since February 2023, when deliveries of the Tiago EV began, Tata Motors has sold 15,000 units of the vehicle. The electric hatchback advertises a range of 250 km on a 19.2 kWh unit in dollars and 315 km on a bigger 24 kWh unit. About 56% of Tiago EV purchasers were under the age of 40. It is expected that Tata Motors may face heavy competition in the future as Maruti Suzuki has planned to launch the electrified version of the most purchased car in India i.e. Wagnor. However, it remains unseen whether the title of “the most purchased” will remain intact with its electrified version or not. Moreover, the market is expecting the entry of more budget-friendly EVs in the upcoming time such as Renault’s Kwid EV, Mahindra’s eKUV 100, Kia Soul EV and many more.

Tiago EV has reportedly fared better than the Nexon EV in smaller cities such as Satara, Bilaspur, Shimoga and small towns in Kerala.

 The EV gains traction from smaller towns amounting up to 49% of its total sales

Tata Tiago EV receives popularity from smaller towns, sales data reveals

By switching to a digital vehicle architecture, the latest manufacturer, Chinese <a href="http://evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle</a> producer<a href="https://www.heyxpeng.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);"> Xpeng Inc</a>, just like <a href="https://www.tesla.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Tesla</a> is seeking to reduce costs and expedite research and production.&nbsp; The Smart Electric Platform Architecture 2.0 from Xpeng, which was unveiled this week ahead of the Shanghai Auto Show, is essentially built on the same foundation as the Model Y that Tesla has been developing for the past two years. It consists of large, single-piece front and rear underbody castings that are joined in the middle by a sizable battery pack that helps to reinforce the vehicle body structure. The tiny SUV G6, which is the first Xpeng car to utilise the SEPA 2.0 platform, was introduced at this week's Shanghai exhibition and is frighteningly similar in size and appearance to the car Y. According to Xpeng, the G6 will start a little under $30,000, which is over $10,000 less than the least expensive Model Y made in Shanghai. According to market analyst Sandy Munro for Reuters, "It's obvious the design of the (G6) came from the Model Y." This is not unexpected. Elon Musk, the CEO of Tesla, has stated that he is aware that other businesses will emulate him. In addition to competing with more established local manufacturers, such as market leaders BYD and Geely. Nio and Li Auto, six-year-old Xpeng is one of several Chinese newcomers. Xpeng, a Guangzhou-based automaker, is named after its creator and CEO He Xiaopeng, a former leader of Alibaba's Mobile BG division who established the company in 2017. Munro claims that Xpeng's streamlined vehicle platform design, which is essentially a three-piece chassis that is flexible and expandable, appears to have been copied from Tesla. It reduces the need for parts, tools, development, and assembly time. A similar platform might provide Tesla, Xpeng, and other automakers thinking about adopting this strategy with a new tool to help recover profits damaged by recent price wars in China and other regions. This fundamental platform is essential to Tesla's so-called unboxed assembly method, which the carmaker unveiled at its Investor Day on March 1. Tesla executives claimed at the time that the new method would enable the business to drastically reduce its factory footprint and slash production costs in half if it is put into use at its new plant in Mexico early the following year. Within the next two years, Tesla anticipates that the new manufacturing method it is developing around the streamlined platform will allow it to release an electric vehicle for under $30,000. A "smart manufacturing system" will be implemented at Xpeng's factories in Zhaoqing and Guangzhou over the following two years in order to create vehicles based on the new platform. SEPA 2.0 will be implemented across at least 10 future models, beginning in late 2024 with the new G6 SUV. <img src="https://api.evindia.online/uploads/blog/2023-04-19-07-04-16-featured-800x441.jpg" width="660" style="cursor: nwse-resize;">

The Smart Electric Platform Architecture 2.0 from Xpeng  is essentially built on the same foundation as Tesla's Model Y

Xpeng launches Smart Electric Platform Architecture 2.0 

China’s OEM Xpeng follows the footstep of Tesla to make new EV platform

The new premium stores are centrally located in Kalamassery and Edappally to provide a distinctive ownership and purchase experience over any traditional vehicle.  | EV Marketplace

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Kochi welcomes two new Tata Passenger Electric Mobility stores

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