EV Tesla executives proposed setting up an Indian facility to produce automobiles for a startling 25% cheaper than their current lowest-priced Model 3 sedan, which costs more than $32,200 in China.

Pune welcomes Tesla: Company plans to set up manufacturing plant

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Just a week after meeting with Union Minister for Commerce and Industry, Piyush Goyal, Tesla India has taken a huge step forward by obtaining an office location in Pune. A five-year lease has been signed, guaranteeing a great location in the Panchshil Business Park in Viman Nagar, Pune. Since Elon Musk met with India's Prime Minister Narendra Modi in June, the meeting between Tesla and the commerce minister represented a significant turning point. Musk had stated his intention to make large investments in India at that discussion, and now it appears that Tesla is taking action. According to sources, <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV</a> Tesla executives proposed setting up an Indian facility to produce automobiles for a startling 25% cheaper than their current lowest-priced Model 3 sedan, which costs more than $32,200 in China. According to a different source, the next Tesla car is anticipated to cost $24,000, which will revolutionise the Indian EV industry. Despite being the third-largest car market in the world, fewer than 2% of all automobiles sold in India are currently electric. However, Tesla's desire to create a production facility in India may completely alter the country's EV market. The discussion with Minister Piyush Goyal is anticipated to concentrate on developing a strong EV supply chain and looking into alternatives for allocating land for manufacturing. Since the beginning of the year, Tesla has been actively cutting the pricing of its current models, and Musk has repeatedly emphasised the significance of sharply lowering EV costs for the company's long-term success. The production costs of Tesla's next-generation car platform are expected to be reduced by a startling 50%. This platform, according to the business, will give rise to other models, including an autonomous "robotaxi." But for the time being, neither the specifications nor the cost of these next models have been revealed. While Tesla presently manufactures electric vehicles in California and Texas, it has previously developed successful factories outside of North America in Berlin and Shanghai. Tesla's Shanghai facility has grown to be its biggest, contributing close to 40% of the company's global capacity. With the office location in Pune set and negotiations with Indian officials moving forward, Tesla's entry into the country's EV market appears to be on track. The decision of the Indian government to not offer import tax breaks has further encouraged the corporation to look into local production options.

Pune welcomes Tesla

Prashant

As a part of the 'Festival of Cars' celebration, Tata EV has dropped the costs of the Tiago EV, Punch EV, and Nexon EV making them more affordable to the general public. The price of the Nexon EV has been reduced by up to Rs 3 lakh, while that of the Punch EV has been reduced by up to Rs 1.20 lakh. The automaker is running a limited-time special sale that brings the costs of its Nexon EV, PunchEv, and Tiago EV models in line with internal combustion engine (ICE) vehicles. Reportedly, the offer is valid until October 31, 2024.&nbsp; In addition to these affordable prices, customers can enjoy six months of free charging at more than 5,500 Tata Power stations nationwide, offering a cost-effective and easy driving experience. Potential buyers looking to buy a Tata EV can exploit this Christmas sale at competitive prices while significantly saving operating costs. Under the offer, the Tiago.ev will cost Rs 7.99 Lakh, whereas, the Punch.ev and Nexon.ev will cost Rs 1.20 Lakh and Rs 3 Lakh respectively, Vivek Srivatsa, Chief Commercial Officer, of Tata Passenger Electric Mobility, announced the partnerships, saying, "Our singular purpose at TATA.ev is to mainstream EVs by breaking barriers and making EVs more accessible to regular car buyers."&nbsp; He further said, “With these unique, limited-time discounts, we are breaching the high purchase cost barrier for EVs, bringing EV costs closer to those of comparable petrol and diesel-powered vehicles. Customers now have the perfect chance to begin experiencing our next-generation, high-performance, zero-emission, and zero-noise EVs, which also have lower operating costs and provide more driving comfort. Customers will also benefit greatly from the complimentary public charging available at Tata Power stations. We are excited to welcome clients to their local Tata Motors and TATA.ev shops as they join the EV revolution."

Under the offer, the Tiago.ev will cost Rs 7.99 Lakh, whereas, the Punch.ev and Nexon.ev will cost Rs 1.20 Lakh and Rs 3 Lakh respectively,

Tata limited-time offer

Tata limited-time offer: Buy Tiago EV, Nexon EV and Punch EV at reduced prices 

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

The G20 sherpa and former CEO of NITI Aayog, Amitabh Kant, emphasized the EV manufacturers to make India the largest producer and exporter of electric vehicles, declaring that internal combustion engines (ICEs) are a "dead technology." Keynote speaker at Ather's community day event in Bengaluru on April 6th, Kant stated, “We are the world's largest exporter of two-wheelers; in my opinion, ICE technology is dead, and EVs are upending the industry, that's why companies like Ather have to produce for the entire world as well as India.” Kant has pushed for the production of electric two-wheelers for the international market by Indian EV companies. “It's the way business owners think. India is a sizable market, but we often forget that the export market offers five times as much as the domestic market. Exports have been the main factor in India's growth each time,” he claimed. He went on to say that by 2030, all transportation would be electric, and India needs to seize this chance. Kant's remarks coincide with the central government's decision to cut the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme's budget by almost 44%, to Rs 2,671 crore for FY25. This could cause the country to see a slowdown in the uptake of electric vehicles. According to the government's budget allocation document released on February 1, 2024, the government allotted a revised estimate of about Rs 4,807 crore for FAME initiatives in FY24. Moreover, speaking about talent development in the EV sector, Kant stated that the Centre has collaborated on electric mobility courses with about 20 IITs and IIITs. "We need product developers, data scientists, prompt engineers and many institutions should adjust their curriculum based on this," he stated. Kant offered some guidance to EV producers, advising them not to "burn cash" by offering low-quality, lower-priced goods for sale. "Never lose money on a car sale by sacrificing quality... Make a brand for the Indian middle-class," he concluded.

According to the government's budget allocation document released on February 1, 2024, the government allotted a revised estimate of about Rs 4,807 crore for FAME initiatives in FY24.

ICE is a “dead technology”: Amitabh Kant 

ICE is a “dead technology”: Amitabh Kant G20 sherpa. Are EVs the future? 

After reducing the prices of the Nexon EV, Tata Motors has announced heavy pocket-friendly adjustments on the company’s next electric genius- the Tiago EV. The New RatesThe <a href="https://evindia.online/product/tata-motors-ev-tiago-xe-19.2-kwh" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Tata Tiago EV's XE</a> medium range model has the largest price reduction of Rs. 70,000, with revisions of Rs. 35,000 and Rs. 30,000 for the medium range and long range, respectively. All other variations' pricing has been lowered by Rs. 20,000. <img src="https://lh7-us.googleusercontent.com/gBTzC3eS1Im2ZpseC7Zy2rCvsvp2p2gnbVH-zuQmkNabuB-pJkpiCiP873-F43lr-VwN32qIXMhKwWZf8L92zuEcnEk_5ZNa_sITtnLGfDB6FQB2eqhWEqMZ8c8KzXOEpIuRtIfzCnid4lEodlHs2tM" height="451" width="602"> In contrast, there has been a price reduction of up to Rs. 1.20 lakh for the Tata Nexon EV. The automaker kept the Punch EV and Tigor EV's pricing unchanged, passing along the savings from lower battery costs to customers. <a href="https://evindia.online/news/tata-reduces-nexon-ev-price-by-rs-120-lakhs" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">(Read more)</a>

There has been a price reduction of up to Rs. 1.20 lakh for the Tata Nexon EV. The automaker kept the Punch EV and Tigor EV's pricing unchanged, passing along the savings from lower battery costs to customers.

Tata reduces Rs 70,000 on Tiago EV

Tata reduces Rs 70,000 on Tiago EV: Learn variant-wise price here

The 2023 Nexon <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV</a> facelift, which offers notable upgrades over the last model, has been announced by <a href="https://evindia.online/company/tata-motors" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Tata Motors</a>. The electric SUV now has the same design language as its petrol and diesel siblings, which was inspired by the Curvv. The redesigned Nexon EV also has a number of ground-breaking technology improvements.&nbsp; Beginning at 8 a.m. on September 9, 2023, World EV Day, reservations for the new Nexon EV will be accepted for a nominal booking fee of 21,000 yen. On September 14, formal price information will be made available. The Nexon EV models were formerly known as Prime and Max, but the Indian carmaker has changed their names to Long Range and Mid Range. The 465 km long range of the Long Range version is an increase of 12 km over the previous generation. The mid-range model, on the other hand, has a single-charge range of 325 km, an increase of 13 kilometres from its predecessor. This electric SUV now has a Gen2 motor that can operate up to 16,000 rpm instead of the previous 12,000 rpm and has a longer operational range. A large peak torque of 215 Nm and an astounding 106.4 kW (142.6 bhp) are produced at the wheels by this improved powerplant.&nbsp; Tata has significantly increased the flat torque curve's spread over the range by an extra 750 rpm, resulting in more reliable performance. The SUV has a peak speed of 150 kmph, up from the previous 120 kmph, and can accelerate from 0 to 100 kmph in 8.9 seconds.&nbsp; The NVH (Noise, Vibration, and Harshness) levels have been further decreased and mellowed, according to Tata. Additionally, with an increased regen efficiency of 10-15%, the new Nexon EV now provides regeneration through paddle shifters. It also has the lowest rolling resistance tyres among cars in its class. Previously available only in the Max variant, 7.2 kW charging is now available in the revised Tata Nexon EV Medium Range model. The manufacturer claims that when utilising a fast charger, a full charge may be obtained in just 56 minutes. Additionally, identical to the Hyundai Ioniq 5, this model has V2L (Vehicle to Load) and V2V (Vehicle to Vehicle) charging capabilities. The new Nexon EV has a maximum output of 3.3 kVA with V2L, while V2V allows for charging capabilities of up to 5 kVA for compatible EVs and 3.3 kVA for non-compatible EVs. The new Tata Nexon EV comes equipped with extra amenities including an auto defogger and automated temperature control with Xpress cooling. It has six airbags, ISOFIX anchors, and standard ABS and ESP as far as safety features go. A 360-degree video system with sensors in the front and back, seatbelt reminders for every passenger, and front parking assistance are further features of the SUV. The battery pack also adheres to AIS038 norms and SIL C compliance while maintaining IP67 protection. Critical e-SUV characteristics are continuously scanned by telematics. Standard emergency and breakdown calls, hill descent and ascent control, panic brake alert, auto vehicle hold, and i-TPMS are additional safety features. A powerful processor supports the enhanced 10.25-inch screen, increasing the audio-visual experience. The screen has grown by 45% over the previous 7-inch model. A 320-watt JBL sound system with five speakers from Harman is also included in the new Nexon EV, and the redesigned digital dashboard can show navigation.

The 465 km long range of the Long Range version is an increase of 12 km over the previous generation. The mid-range model, on the other hand, has a single-charge range of 325 km, an increase of 13 kilometers from its predecessor.

Tata Nexon EV facelift

 Tata Nexon EV facelift: All you need to know 

The market of wireless <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">electric vehicle</a> charging was assessed at $6.9 million in 2020 and is anticipated to reach $207.4 million by 2030, rising at a CAGR of 41.4% from 2021 to 2030, a research with a title&nbsp;"Wireless Electric Vehicle Charging Market by Technology Type, Application, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2030," reported. Europe currently holds the lead in the worldwide wireless electric vehicle charging market, followed by Asia-Pacific, North America, and LAMEA. Due to the favourable market outlook for electric cars in the area, China is the key market driver in Asia-Pacific. Due to the increasing adoption of electric vehicles, India is predicted to have significant development in the wireless electric vehicle market over the forecast period. The market for wireless EV charging is divided into segments based on the kind of vehicle, the region, the power source, the charging method, the installation, and the distribution channel. The market for wireless charging for electric vehicles is divided into segments based on the power source, installation technique, distribution method, vehicle type, and region. The power source component is broken down into three categories: 3–11 kW, 11–50 kW, and &gt;50 kW. The market is divided into CWPT, MGWPT, RIPT, and IPT segments according to charging mechanism. The market is divided into residential and commercial segments by installation. It is divided into OEMs and aftermarket based on the distribution route. Battery electric vehicles (BEV), plug-in hybrid electric vehicles (HEV), and commercial electric vehicles are the three categories under which the vehicle type segment is broken down. It is researched in North America, Europe, Asia-Pacific, and LAMEA, among other regions. Additionally, a surge in EV sales in well-known European nations including Germany, the Netherlands, France, Denmark, and Sweden as well as in nations with above-average growth is anticipated to support market expansion. The market for wireless electric vehicle charging is anticipated to develop during the forecast period as a result of factors including rising EV sales, rising need for wireless electric vehicle charging solutions, and rising demand for high-power contactless inductive charging. Wireless electric car charging's high upfront cost and costly integration, however, are anticipated to restrain the market's expansion over the projection period.

Due to the increasing adoption of electric vehicles, India is predicted to have significant development in the wireless electric vehicle market over the forecast period, the report suggests.

Market for EV chargers likely to reach $207 million 

Market for EV chargers likely to reach $207 million by 2030

On Monday, the government would take legal action against <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle</a> (EV) makers who refuse to repay incentives that they are said to have improperly earned under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II plan, a story of Economics Times reported. The corpus and structure of the third leg of the FAME phase-II programme, for which the Centre has allotted Rs 10,000 crore, are still being determined. Citing a representative the report stated, the businesses who improperly claimed incentives under FAME II would have to pay them back first. The government would only then think about releasing the blocked subsidies to them or enabling them to take part in the programme. The Ministry of Heavy Industries postponed the delivery of subsidies during the previous fiscal year after receiving anonymous letters suggesting that some firms were claiming subsidies without abiding by the Phased Manufacturing Plan (PMP) requirements, which are designed to increase local manufacturing. Revolt Intellicorp and Amo Mobility, which are owned by Rattan Enterprises, have decided to repay the funds they received under the FAME II programme, according to officials who spoke to ET. Some corporations have neglected to provide crucial information about their local supplier base, citing non-disclosure agreements (NDAs). Even though they have only received Rs 85 lakh thus far, Amo Mobility told ET that they passed on the subsidy of Rs 11 crore to guarantee broad adoption. They are hoping for a peaceful resolution to the situation. Seven companies—Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto, and Amo Mobility—were handed collection warnings earlier this fiscal year for allegedly breaking local sourcing rules, totaling Rs 469 crore. Benling India has requested that the sum owed be taken out of any upcoming payments of subsidies. Invoking limitations imposed by non-disclosure agreements (NDAs), Hero Electric has denied to release documents concerning vendors.

Ministry of Heavy Industries postponed the subsidies in the previous FY after receiving letters suggesting that firms were claiming subsidies without abiding by the Phased Manufacturing Plan (PMP) requirements

OEMs may face legal actions

Wrongful incentive claims under FAME II may lead OEMs to face legal actions

On July 3, the Chandigarh administration will examine its non-electric vehicle (NEV) regulations, providing hope to citizens who want to purchase them. The UT administration has chosen to evaluate the EV Policy in light of the policy's clause that states that registration of non-electric <a href="https://evindia.online/scooter" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">two-wheelers</a> would cease if the goal of 6,202 is reached in the fiscal year 2023–2024. The objective will likely be met by the first week of July as 5,500 of these two-wheelers have already been registered as of June 28. After that, no further registrations would be accepted until March 31, 2024. The registration of non-electric <a href="https://evindia.online/vehicles?type=3" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">four-wheelers</a> will also end when the goal of 22,626 is reached for the current fiscal year, which is anticipated to happen in December. Officials were given the task of compiling an analytical report on the execution of the policy during a recent meeting of the governing body of the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST), the nodal organisation in charge of doing so in the city. A senior official stated, "We will weigh the policy's benefits and drawbacks during the scheduled meeting on Monday, and a decision will be made accordingly." The administration hopes to register a minimum of 35% electric two-wheelers in 2022–2023, 70% in 2023–2024, and 100% by 2024–2025 as part of a progressive phase-out strategy for two- and three-wheelers powered by internal combustion engines (ICE). Anup Gupta, the mayor, had called the EV policy "anti-citizen" on June 23 and ordered the government one month to make the required adjustments. If changes were not made, he had stated that he would join the protests of the populace. The UT Mobility Department has already stopped accepting registrations for non-electric school/college, tour and factory buses until September 30 in an effort to promote green mobility. The decision to limit the sale of non-electric automobiles in the city has raised worries from the Federation of the Chandigarh Region Automobile Dealers' Association that it will have a detrimental effect on the regional economy. There are several businesses in the area that produce non-electric automobiles, engines, and associated parts, making the automotive sector substantial employment in the area. The group expressed concern that restricting the sale of non-electric vehicles may lead to the loss of jobs and financial hardship for neighbourhood businesses.

The UT administration has chosen to evaluate the EV Policy in light of the policy's clause that states that registration of non-electric two-wheelers

After the first week of July, no further registrations of ICE two wheeler vehicle will take place

Chandigarh administration plans to examine EV policy

EV Tesla executives proposed setting up an Indian facility to produce automobiles for a startling 25% cheaper than their current lowest-priced Model 3 sedan, which costs more than $32,200 in China.  | EV Marketplace

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