The new index is anticipated to serve as a reference index for passive funds, including Exchange Traded Funds (ETFs), index funds, and structured products, and to serve as a benchmark for asset managers.

NSE launches India’s first EV Index: Nifty EV & New Age Automotive

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A new thematic index called the Nifty EV &amp; New Age Automotive Index was announced on Thursday by NSE Indices Limited, a division of NSE that specialises in index services.&nbsp; The goal of this index is to track the success of companies in the electric vehicle (EV) industry as well as those working to develop cutting-edge automotive technologies. According to an official announcement from NSE, the newly launched Nifty EV &amp; New Age Automotive index seeks to monitor the performance of companies which form a part of the EV ecosystem or participate in developing new-age automotive vehicles. With a base value of 1000, the index's base date is April 2, 2018. It will go through quarterly rebalancing as well as semi-annual reconstruction. The Nifty EV &amp; New Age Automotive India's inaugural Electric Vehicle Index, according to CEO of NSE Indices Mukesh Agarwal, is in keeping with NSE's mission to offer cutting-edge indices that reflect market trends. The introduction of the Nifty EV &amp; New Age Automotive index will encourage the development of new products, giving asset managers the chance to participate in the electric vehicle and new age automotive markets and offer investors a means of investing. The new index is anticipated to serve as a reference index for passive funds, including Exchange Traded Funds (ETFs), index funds, and structured products, and to serve as a benchmark for asset managers. “The government of India has always been at the forefront of framing policies related to e-vehicle (EV) adoption in the nation to promote India as a manufacturing destination so that EVs with the latest technology can be manufactured in the nation and attract investments in the e-vehicle space by reputable global EV manufacturers, thereby giving a boost to the Made in India initiative,” citing NSE livemint reported. Currently, the NSE offers 17 thematic indexes, such as the Nifty Infrastructure, Nifty CPSE, Nifty Commodities, and Nifty India Consumption. The NSE is in charge of 15 sectoral indices, including Nifty Bank, Nifty IT, and Nifty Auto, in addition to various theme indices. Broad market indexes include Nifty, Nifty Next 50, Nifty 100 and others.

NSE launches India’s first EV Index

Prashant Sha

Tata Motors has released revised range numbers for its complete EV portfolio in response to the government's (MoRTH) addition of new parameters to the MIDC test cycles. Previously, these data were only based on a city (Urban) driving cycle, but the ministry now requires all carmakers to test and disclose range values that encompass both urban and extra-urban cycles. The MIDC range now includes a highway run, which increases the average testing speed from 19kmph to 31kmph and the maximum speed from 50kmph to 90kmph, resulting in a lower EV range claim. It should be noted that EV ranges are often lower on highway cycling than in city driving. The table below compares the existing and updated MIDC ranges, as well as Tata Motor's own range test cycle. The brand calls it C75, which is believed to represent a near-real-world driving range, with 75% of owners expected to reach it.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcwsu_7DnQ-0Nx4ADf7dnSBwam1yQLhwiMEmcahn1xRfU22BITPwFj-LDetxVmWho3M2zhvucyTtnsov5ZAzm5z99qVs3OVoc-7gZJSB9LoJTZ8de9TImmYsOBPWr7QNEmpTLpo-HTBj-2JeSQA_Z4PV6Gu?key=57bX5iJqyn5lCT9LsYd1xw" height="339" width="602">Apart from testing at higher average speeds of 40kmph and a top speed of 120kmph Tata claims that, unlike the MIDC cycle, it has AC running, higher loads (up to 250kg, compared to the MIDC's 150kg), and greater temperature variance (10-40°C vs. 20-30°C on the MIDC cycle).

The MIDC range now includes a highway run, which increases the average testing speed from 19kmph to 31kmph and the maximum speed from 50kmph to 90kmph, resulting in a lower EV range claim.

Tata revises range for its EV portfolio 

Tata revises range for its EV portfolio after new MIDC test cycles

Prashant

The leading chain of EV superstores, Electric One Energy Pvt. Ltd., and Lectrix EV, the electric mobility division of SAR Group on Thursday, announced joining hands to reach a wider audience by utilising Lectrix EV sustainable mobility solutions and Electric One Energy's high-standard offerings. With its wide-ranging dealer network throughout India and significant market share, Electric One Energy avails Lectrix EV of various substantial possibilities. Following the partnership, Lectrix EV will be available for Indian and international customers who want to purchase high-quality, reasonably priced, and easily accessible electric vehicles. In addition, as Electric One is already present in Nepal and Sri Lanka, the partnership's next objective will be to sell to SAARC and other nations. The collaboration aims to provide premium electric vehicles by using the capacities of both firms. Lectrix is well known for its adaptable business concepts, such as Battery-as-a-Service (BAAS), charging infrastructure, and high-performing electric two-wheelers. With all the expertise, Letrix is considered as an ideal partner for Electric One Energy. The establishment of this relationship was facilitated by Lectrix EV's strong ecosystem and compliance with Electric One's standards, which showcased Lectrix's capacity to satisfy the varied demands and elevated expectations of the Indian EV industry.

The establishment of this relationship was facilitated by Lectrix EV's strong ecosystem and compliance with Electric One's standards, which showcased Lectrix's capacity to satisfy the varied demands of the Indian EV industry.

Lectrix EV and Electric One partner

Lectrix EV and Electric One partners to increase market reach

The Blue Line 2901, the most affordable version of Bajaj Auto's Chetak electric scooter, was released in the first part of June. Although the scooter's Rs 95,998 price tag attracted a lot of attention, it was not apparent what the new suffix meant. Bajaj has now stated that additional Chetak variations, including the top-spec Chetak Premium, which will shortly be called the Chetak Blue Line 3201, would also adopt this new naming nomenclature in the upcoming months. Bajaj has addressed the meaning of the names, stating that "Blue Line" refers to the fact that all of these scooters are constructed on the initial electric Chetak platform, which made its debut in 2019. This platform's derivatives in the future will all have the Blue Line suffix as well. Regarding 2901, the battery capacity is indicated by the first two digits, and the trim level is determined by the final two digits. Therefore, the trim level is 01 and the battery pack capacity of the Chetak Blue Line 2901 is 2.9 kWh. Considering that the Chetak Premium, with its 3.2 kWh battery, would likely be called the Blue Line 3201, it is possible that the mid-spec Chetak Urbane will be called the Blue Line 2902. Currently, the Blue Line 2901 (Rs 95,998) is the entry-level model in the Chetak line. The mid-spec Chetak Urbane is priced at Rs 1.23 lakh, while the Chetak Premium is priced at Rs 1.47 lakh (all prices, ex-showroom, including EMPS subsidy). The Bajaj Blue Line 2901 is over Rs 20,000 less expensive than the Urbane since it lacks a few components, such as the front storage box, which is replaced with open storage bins. The 2901 has a weaker motor, a slower peak speed of 63 kmph, and lacks the remote key fob that comes with the Chetak Premium. Instead, it uses a standard key and key slot. Currently, more than 500 dealerships around India sell the Chetak. The Blue Line 2901 costs just Rs 6,000 more than the Ola S1X Plus 3 kWh and is positioned level with the TVS iQube 2.2 kWh. With the recent expansion of its product lineup, TVS Motor Company, which is aiming to cross the sales of 25,000 electric scooters on a monthly basis, is clearly hoping to keep up with Bajaj, which has overtaken Ather Energy to become India's third-largest electric two-wheeler manufacturer in terms of monthly sales.

Bajaj has addressed the meaning of the names, stating that "Blue Line" refers to the fact that all of these scooters are constructed on the initial electric Chetak platform, which made its debut in 2019.

Bajaj decides to rename Chetak

Bajaj decides to rename Chetak to “Blue Line” series

<a href="https://evindia.online/electric-vehicle-companies/ola-electric" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ola Electric</a> said on Monday that, as of December 2023, 30,219 electric scooters have been sold in India. The ride-hailing app that evolved into an <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle</a> manufacturer said that it has a 40% market share in India's electric two-wheeler industry. Ola Electric further stated that its highest-ever monthly registrations were recorded in December 2023. In an official statement, the electric two-wheeler maker stated that, in comparison to the same month the previous year, its sales increased by an astounding 74% in December 2023. Additionally, the firm reports that, as compared to the October–December quarter of 2022, it had a 68% boost in sales with 83,963 units in the most recent quarter that ended in December 2023. Additionally, according to the EV maker, 2.65 lakh electric scooters were sold in 2023. In addition, Ola Electric asserted that it had achieved a significant milestone by being the first business in the sector to manufacture 400,000 electric scooters in just two years. According to Anshul Khandelwal, Chief Marketing Officer of Ola Electric, the company's 'December to Remember' campaign was a huge success, bringing thousands of new consumers into the fold and improving sales performance. "We think that because of our robust product selection, which includes the 51 Pro, S1 Air, and $1X+, we have maintained our market leadership for an additional quarter. Thousands more people have joined the EV family as a result of the enormous success of our 'December to Remember' campaign”, he continued. There are presently five distinct electric scooters available from Ola Electric, each with a different battery choice and version. It offers the S1Pro, S1Air, and S1X Plus models. The company's flagship luxury EV scooter, the <a href="https://evindia.online/product/ola-electric-s1-pro-2nd-generation-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">S1 Pro</a>, costs *174,000 (ex-showroom), while the band's most affordable EV, the S1 Air, is priced at *119,999 (ex-showroom).

The firm reports that, as compared to the October–December quarter of 2022, it had a 68% boost in sales with 83,963 units in the most recent quarter that ended in December 2023.

Ola Electric sells 30,000 e-scooters last month

Ola Electric sets new highest sales record: sold 30,000 e-scooters last month

A new <a href="https://evindia.online/vehicles?type=5" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric two-wheeler vehicle</a>, the 450S, with a range of 115 km and a starting price of Rs 1,29,999, was introduced by homegrown electric vehicle manufacturer <a href="https://evindia.online/company/ather-energy" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ather Energy</a> on Friday. The business also unveiled the updated 450X, which will be brimming with new performance and safety features. According to the manufacturer, the 450S will have the first DeepView Display in India and will have a battery capacity of 2.9 kWh, an IDC range of 115 km, a 0–40 acceleration time of 3.9 sec, and a peak speed of 90 km/h. “The 450S, our most recent entry-level model, pioneers the 125cc performance scooter market with a first-of-its-kind DeepView Display dashboard and a slew of ground-breaking new features. The 450S considerably improves the standard for riding enjoyment and safety while maintaining performance”, according to Tarun Mehta, co-founder and CEO of Ather Energy. The 450X, which is being introduced alongside the 450S to provide customers with additional alternatives, comes in 3kWh and 4kWh capacities and offers a choice of models with 115 km or 145 km of range. Additionally, the business said that the 7-inch DeepView Display, which has an industry-first auto-brightness feature, an industry-leading 1000:1 contrast ratio, and 18-segment characters, will offer greater readability throughout the day. Users may easily navigate even in a challenging 8-way roundabout thanks to the DeepView Display's on-board navigation's 18+ directional options. New switchgear with a better tactile feel, two new switches, one-click reverse, and a joystick are included with the 450S and 450X. The 450S also has a coasting regen feature that slows the car down when it's at a steady coast (with no acceleration or manual braking) and regenerates the energy back to the battery to extend the battery's range. The 450X with a 2.9 kWh battery will be the first EV scooter to be delivered, followed by the 450S in the final week of August and the 450X with a 3.7 kWh battery in October, according to the business.

The vehicle comes in 3kWh and 4kWh capacities and offers a choice of models with 115 km or 145 km of range with 7-inch DeepView display feature

Ather unveils 450S

Ather unveils 450S: All-new E2W with 115 km range

Bhavish Aggarwal, the CEO of <a href="https://evindia.online/company/ola-electric" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ola Electric</a>, chastised an anonymous auto writer and sought an explanation when private images of their <a href="https://evindia.online/scooter" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric scooters</a> were released prior to the public debut. Ola Electric will launch a reasonably priced electric scooter on August 15. It has previously been covered by a number of media publications, and only recently has the corporation made a hint about it. Even before its formal introduction the following week, Ola organised a sneak preview of their new product for the media. However, before to the company's formal announcement, an unnamed journalist is said to have released some private pictures of the impending <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV</a> during the event. On Twitter, Aggarwal vented his annoyance and displeasure. "Content from this event was intended to be under embargo and secret, and these pictures were part of an auto media event we had today. When auto journalists sneakily snap pictures at a private event, it damages their own credibility. It betrays the faith that the brand has in them,” he fervently tweeted. The Ola co-founder emphasised that such behaviour is wrong and voiced his severe rejection of it. He reiterated the company's commitment to producing excellent products and fun experiences for its clients and emphasised the fact that such occurrences had no place in a developed ecosystem. Aggarwal warned the business not to showcase its items to the media in the future before releasing them to customers, in addition to demanding an apology from the journalist. He said that car journalists would no longer be permitted access to their products before to launch unless the offending party was found and an improbable apology was made. Instead, they won't see the items until after clients have had launch events when they were first introduced to them. Reports claim that Ola's next S1X model would cost less than Rs 1 lakh and have a 100-kilometre range on a single charge. The electric scooters that Ola now provides are the <a href="https://evindia.online/product/ola-electric-ola-s1-pro" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">S1 Pro</a>,<a href="https://evindia.online/product/ola-electric-ola-s1-3kwh" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);"> S1</a>, and <a href="https://evindia.online/product/ola-electric-ola-s1-air-3kwh" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">S1 Air</a>.

Even before its formal introduction the following week, Ola organised a sneak preview of their new product for the media. However, before to the company's formal announcement, an unnamed journalist is said to have released some private pictures 

Ola’s upcoming EV exposed

Confidential picture leak: Ola’s upcoming EV exposed, CEO demands apology 

Hyundai Motor announced on Thursday that it has inked a preliminary agreement with a Japanese firm that produces cultural material to encourage the sale of zero-emission automobiles in the neighbouring nation.According to the business, Hyundai Motor and the Culture Convenience Club Co. (CCC) inked a memorandum of understanding (MOU) for collaborations on data-based marketing, car-sharing mobility services, and an EV experience platform in Japan.Hyundai Motor President and CEO Chang Jae-hoon stated in a statement, In the Japanese market, "We anticipate that the collaboration between a mobility company and a content provider will create new opportunities." According to the Yonhap news agency, Hyundai offers the all-electric IONIQ 5 in the Mocean car-sharing programme. It is outfitted with the unique EV platform for the Hyundai Motor Group called E-GMP and has a charge station at the massive bookshop Daikanyama T-Site Tsutaya, run by CCC. In addition, Hyundai intends to provide Japanese consumers with the chance to experience its zero-emission vehicles through the EV experience programme and through collaborative marketing initiatives with CCC.Due to weak sales, Hyundai returned to the Japanese market in May of last year. This represents new chances in a sector where Toyota Motor Corp. now holds a dominant position. Hyundai entered Japan in 2001 but left the country's neighbouring market in 2009 after only selling 15,000 petrol vehicles there in its initial venture. Under the slogan "Progress for Humanity," Hyundai aims to supply the market with environmentally friendly transportation. Chang stated in February that the firm needs to learn from and investigate the Japanese market. Hyundai has sold its midsize crossover, the IONIQ 5, and its hydrogen fuel-cell electric car, the Nexo, exclusively online and without the need for physical stores.The manufacturer of Santa Fe SUVs and Sonata sedans intends to release two all-electric vehicles by the beginning of next year: the high-performance IONIQ 5 N model in January and the Kona Electric this autumn.

Hyundai Motor and the Culture Convenience Club Co signed a MOU for collaborations on data-based marketing

Hyundai intends to provide Japanese consumers the chance to experience its zero-emission vehicles

Hyundai comes in agreement with Japanese culture content firm for EV promotions 

In today's era, you will always observe a crucial evolution in the Electric Vehicle (EV) industry. The government played an essential role in demand creation by increasing the EV subsidies. As a result, we saw a sudden increase in demand last year. The unanticipated demand came as a shock to many OEMs. Some of them took some time to increase production, resulting in extended waiting periods for customers who had booked their vehicles. It may have taken OEMs some time to cope with the demand; most seem prepared for the festive season. With the trends emerging ahead, it's time to put the pedal on marketing to claim the market share; many of them have taken an online route &amp; made their range of EVs available on e-commerce marketplace like<a href="https://www.flipkart.com/search?q=bgauss&amp;sid=7dk%2C0aj%2Ckuz%2Cgyu%2Cbbh&amp;as=on&amp;as-show=on&amp;otracker=AS_QueryStore_OrganicAutoSuggest_1_6_na_na_na&amp;otracker1=AS_QueryStore_OrganicAutoSuggest_1_6_na_na_na&amp;as-pos=1&amp;as-type=RECENT&amp;suggestionId=bgauss%7CElectric+Scooters&amp;requestId=b8394eee-1167-42f3-9c65-3dcd2cd4cc35&amp;as-searchtext=bgauss" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://www.flipkart.com/search?q=bgauss&amp;sid=7dk%2C0aj%2Ckuz%2Cgyu%2Cbbh&amp;as=on&amp;as-show=on&amp;otracker=AS_QueryStore_OrganicAutoSuggest_1_6_na_na_na&amp;otracker1=AS_QueryStore_OrganicAutoSuggest_1_6_na_na_na&amp;as-pos=1&amp;as-type=RECENT&amp;suggestionId=bgauss%7CElectric+Scooters&amp;requestId=b8394eee-1167-42f3-9c65-3dcd2cd4cc35&amp;as-searchtext=bgauss" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Flipkart.</a> Where new age brands like<a href="https://evindia.online/company/bounce-infinity" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/company/bounce-infinity" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Bounce</a> and established brands like<a href="https://evindia.online/company/ampere" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/company/ampere" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ampere</a> launched their electric scooters on Flipkart, they did so with big bang announcements with top media houses covering the news. Interestingly, BGauss also launched their portfolio vehicles on flipkart mutedly. We can only term it a soft launch as neither BGauss nor Flipkart have made the development public, not even on their social media platforms. BGauss has three electric scooters under its portfolio. While<a href="https://evindia.online/product/bgauss-b8" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/product/bgauss-b8" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">BGauss B8</a> &amp;<a href="https://evindia.online/product/bgauss-a2" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/product/bgauss-a2" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">BGauss A2</a> are under the slow speed category, their flagship product BGauss D15, with both its variants<a href="https://evindia.online/product/bgauss-d15i" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/product/bgauss-d15i" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">BGauss D15I</a> and<a href="https://evindia.online/product/bgauss-d15-pro" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/product/bgauss-d15-pro" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">BGauss D15 Pro</a>, are the only product available on Flipkart above the 1 Lakh price tag. It does justify its price tag with its specification and intelligent features. <h3>Here is a snapshot of BGauss D15 and both its variants.<a href="https://evindia.online/company/bgauss" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/company/bgauss" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Click here</a> to know more about Range, Colors, Top Speed, Specifications and Features of BGauss D15I &amp; D15 Pro.&nbsp;</h3> <img src="https://lh5.googleusercontent.com/KdcTkgB_qllYKhWchGCDSixA9YiqEsvts2m-0SW3ttW-PHd3wNbXwQ70_zlWWl5fGcB4eVrbbMnPfM1P8Lju1GLmkzWwxp9_FI6M4OMkFQWDNdH56290i4p9Q0JZFhtrZbjLVfmjUFT5HcQoBEi2y56ru4ay2C5PpKBqrA5AWGmFzNa43mpGGD96ig" height="303" width="602"> <h2>How has BGauss, The Electric Scooter Manufacturer, emerged in the electric vehicle industry?</h2>In August 2020, Mumbai-headquartered<a href="https://www.bgauss.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://www.bgauss.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">BGauss</a> launched its first range of electric scooters with a production facility in Pune. Like many OEMs at that time, their initial range of scooters drew a lot of inspiration from their Chinese counterparts; however, their focus on providing the best quality product at unmatched prices gave them an edge over the local competitors. For example, very few EVs in the slow-speed segment used to come with top-in-class Bosch hub motors. However, during this time, a significant shift in the Industry occurred with the updated<a href="https://e-amrit.niti.gov.in/national-level-policy" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://e-amrit.niti.gov.in/national-level-policy" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">FAME II</a> policy by the central government, followed by EV subsidy policies by various<a href="https://e-amrit.niti.gov.in/state-level-policies" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://e-amrit.niti.gov.in/state-level-policies" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">state governments</a>. The FAME II &amp; PLI scheme by the government was intended to spark the demand creation in high speed, high range segment with a focus on made in India initiative. With the subsidies in place associated with the size of the batteries, to be eligible for the FAME II scheme, the scooters have to run at a minimum of 40 km/hr with at least 80% of localization and 80km of the ARAI range. While the demand began shifting from low-speed to high-speed scooters, It seems that the management team of BGauss observed this trend from a long distance. As our sources tell us, BGauss started building their in-house R &amp; D team to build and design a regular city commuter from scratch in 2020.Soon after carrying out market research and considering the Indian road conditions, they took up the challenge of developing a smart electric scooter with a metal body and 16-inch big alloy wheels. The target was set to achieve a 60 km/hr top speed benchmark and 100 km driving range. All this was to be accomplished under the price tag of 1 lakh. While the research and development team was working on the daunting task, the competition clock was also ticking. On the one hand, they faced competition from VC-backed cash-rich startups like<a href="https://evindia.online/company/ola-electric" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/company/ola-electric" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">OLA Electric</a>,<a href="https://evindia.online/company/simple-energy" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://evindia.online/company/simple-energy" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Simple Energy</a>, and<a href="https://bounceinfinity.com/home.html" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(14, 16, 26);"> </a><a href="https://bounceinfinity.com/home.html" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Bounce</a>. On the other hand, the Industry giant Okinawa Autotech also started working on a similar product. But the management team's forthrightness gave them a buffer zone, and they were able to introduce rigorously tested D15 on the Indian road before this festive season. <h3>How to buy an Electric Vehicle from Flipkart?</h3>Where all other products you order on Flipkart are directly delivered to your doorstep, buying an electric vehicle on Flipkart is a different game altogether.&nbsp; Soon after booking the e-scooter from Flipkart by paying the Ex-Showroom Price, Flipkart will connect the buyer to an authorized BGauss Showroom. The buyer will then have to go through the insurance and RTO registration process, make a separate payment directly to the dealer, submit the KYC documents, and pick up the vehicle from the dealership a couple of weeks later. <h3>Who should ideally consider an electric vehicle by BGauss?</h3>If you're seeking an electric two-wheeler for long-distance daily commutes, then BG D15's 16-inch alloy wheels on Indian road conditions &amp; seat quality offer excellent comfort and convenience. The real-world range of BGauss D15 of around 90 km at a speed of 60 KMPH for daily everyday commute is an attractive proposition; however, if you are on the lookout for an electric vehicle for smart city commutes with a budget under 1 Lakh, then you can consider BGauss B8 or A2. You can drive this vehicle in style for up to 70 km under fully charged conditions, and it offers a top speed of 25km per hour.

The real-world range of BGauss D15 of around 90 km at a speed of 60 KMPH for daily everyday commute is an attractive proposition; however, if you are on the lookout for an electric vehicle for smart city commutes with a budget under 1 Lakh.

BGauss launches its range of electric scooters on Flipkart during its big billion day sales.

BGauss soft launches its range of electric scooters on Flipkart during its big billion day sales.

Uday Padhye

The new index is anticipated to serve as a reference index for passive funds, including Exchange Traded Funds (ETFs), index funds, and structured products, and to serve as a benchmark for asset managers.  | EV Marketplace

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NSE launches India’s first EV Index: Nifty EV & New Age Automotive

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NSE launches India’s first EV Index: Nifty EV & New Age Automotive

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