EVWorldNews

Author: prakhar

  • Tata Tiago EV sees great advance booking.

    In the last decade or so, there are a lot of new startups which are in to the energy vehicle and also the traditional OEMs that have followed a ubiquitous formula of beginning with the high range electric vehicle and then going on to develop the ones which are priced at a lower level. Most of the car buyers can’t afford the kind of vehicles. The news which is good is that the affordable electric vehicles which can meet needs of people now are arriving in many markets. Among these vehicles, the foremost is Tata Tiago.

    This is an MG4 which is critically acclaimed and has made itself available in many countries such as United Kingdom and all over Europe.

    These are hatchbacks which are in a class of vehicles which have gained a huge popularity in Europe among other places. These are cheap and also get to be a good fit for many needs of the people. Tata Tiago isn’t the only such hatchback which is made by Tata. The electric version of Tata Tiago is also available in India and it starts form a very small price of $10,000 in the country. This is a price which is at parity with its ICE version.

    This was a vehicle which was launched on the 28th September and it has already seen as many as 20,000 bookings since the orders opened. The waiting list as of now for the vehicle is 4 months. For a vehicle of this magnitude, such a booking is going to offer a lot of optimism for the company and the electric vehicle infrastructure of a country which is need of creating an infrastructure that will help the country handle its issues of air pollution and growth in population which is putting pressure on its resources.

  • Electric Vehicle Tax credit statement issued by United States and European Union

    European Union and United States on Monday have said that that there has been progress addressing the concerns of the European Union about a climate law of United States which would cut the electric vehicles from the tax credits of United States of the European Union but also failed to resolve this matter. Electric vehicle tax credit has been a major talking point lately.

    They had issued a statement jointly after the third TTC between US and EU which had vowed for working constructively for resolving it.

    The joint statement said that they acknowledge the concerns of EU and underline the commitment for addressing them constructively and taking note of the progress which was made by the task force set up for addressing the dispute. The Trade commissioner Valdis Dombrovskis had called $430 billion United States inflation reduction act as discriminatory and had urged many steps which may be taken before the end of the year for modifying this law. It also offers consumers tax credits as much as $7,500 for the newer purchases of Ford, Tesla and Other EVs which were made by North America.

    Antony Blinken who has said that the council has enabled both the sides which account for a combined 40% of the output of global economy for making concrete, practical progress on many issues including the counter of Ukraine-Russia war and said that he was confident of tax credit issue may be resolved. He said that they all came out of the meetings convinced that this was a way of coming up with a solution and a way forward for both the organizations. They feel optimistic over this as they race against time to reach some conclusion before the new measures start coming in from the coming year. That would be critical for both the countries.

    Also Read : Tata Motors takes jibe at Mahindra in a social media post. – EV World News

  • Fully Electric vehicles are now 11% of all cars sold

    The number of plugin vehicle registrations which were made all around the world in the month of October were up by around 55% when compared to the same month in 2021 as it reached as many as 932,000 units. As a result, this is the second best ever. This was just behind the number of registrations made in the previous month. With a month that strong, the plugins had represented 16% of the overall market. The Battery electric vehicles which are also called the fully electric vehicles have now reached 11% share in the market. This is a number which could have been higher than this had the market not been in the recovery mode. This in addition to the fact that the HEVs also posted their highest rate of growth is a confirmation again that the ICE markets and HEVs are correlated to each other.

    Also Read : Zooz power to enter into a joint venture with Blink Charging in US electric vehicle market. – EV World News

    Growth rate of BEV in the month of October year on year was around 54% and was slightly smaller than the plugin hybrids but if China was excluded from this tally, it can be determined that the PHEVs were up only by 5%. Still this can be the best time since February that the market has gone up without any intervention from China. Many markets in Europe, most notably Germany are going to end their incentives by the end of the year on the PHEVs and therefore, it’s sales are considerably increasing. A further rush is expected in the markets all over the world to buy the PHEVs with the subsidies. The growth in the Fully electric vehicles is a positive sign too while the dominance of China remains unparalleled in the market and will continue to do so as there are many encouraging steps been taken by their government and that is going to help the market grow continuously.

  • Electric Vehicle startups finding it difficult to gain ground

    Government has recently cracked down on the makers of electric vehicles as there have been allegations of flouting norms. This has made the auto-component suppliers become very cautious. Many established makers who had been diversifying into the EV segment are now only placing their bets on the major legacy players as they have emerged to be a lot more reliable than Electric Vehicle startups.

    EV industry has been coming under fire since many months following FAME-2 subsidies suspension by the government to over 5 companies for defying of rules on the localization. Resultant, many startups are either overshooting their new product launch deadline by many months or are struggling to ramp the production up. Some of the others such as Simple energy, Oben Electric and Matter have been seeing their debuts getting delayed by 10 months to a year.

    A proprietor of the company which makes electrical and electric component has said that being a component manufacturer, there are many investment companies which have to be made specifically for a customer. These are customized products. These are not products where one size is going to fit all the needs.

    As over half of the Electric Vehicles are made outside of the factor of the vehicle maker, the component makers carry all the responsibility of supplying the parts which help in putting a product on the production line. The component suppliers have to invest in the production of the products which match the requirements of the vehicle maker precisely.

    Read Also : Elon Musk makes a cheeky comment on Biden’s tweet – EV World News

    Another Electric Vehicle startup owner said that it is difficult for them to secure supply chain and that is now leading to delays. Most startups are not able to be in line with the competition but are also not meeting their own projections either due to this. That is a major problem for the electric vehicle industry.

  • Zooz power to enter into a joint venture with Blink Charging in US electric vehicle market.

    An Israel-based developer, Zooz Power which has developed an ultra-fast power booster to be used by Electric Vehicles has secured the distribution agreement for helping in establishing its footprint in the United States Market.

    Also Read : BasiGo and Metro Africa lead Africa’s electric vehicle charge – EV World News

    On this Sunday, Zooz announced that it has signed an agreement for five years with the company Blink Charging. As per this deal, the operator in United States is going to be serving as the distributor for sales and deployment of the systems of fast charging which it says has the ability to fully recharge a battery within 15 minutes. Tel-Aviv listed shares of Zooz saw a jump of 20% in the afternoon trade.

    The CEO of Zooz, Boaz Weizer described this agreement as a major milestone in the penetration of the company into the market of United States. The market is seeing great development and is going to offer great business potential in the years to come.

    KPB which is based on a patented flywheel technology of Zooz is now converting electrical energy into the kinetic energy and has been designed for the areas where the EV infrastructure is still behind or where the grid is not sufficient enough to give the company a quick boost. The boosters are modular and can take up only half the parking space. These are installed in many parking lots, hotels and airports.

    Blink Charging said that as the demand for convenient and accessible long-range EV charging is going to grow, it is important that the company provides the EV drivers with a dependable and sustainable solution.

    Read Also : https://twitter.com/evworldnews/status/1599634338559062017

    Zooz will be working on Blink Charging on what will be a joint R & D pilot program which is going to be funded by the BIRD foundation for testing the capability of the system to ensure extremely fast charging of the electric vehicles and the capability of the system to ensure the ultra fast charging.

  • Tata Motors takes jibe at Mahindra in a social media post.

    Tata Motors is one of the homegrown electric vehicle companies in India and the company has a history of being savage towards its rival automakers by making a mockery of them for many reasons. While Tata has been targeting its rivals such as Hyundai and Maruti Suzuki in the past for its safety ratings, the company has now directed its savagery towards Mahindra XUV 400 over its electric vehicle sales or the lack thereof. In a social media post, the company compared the sales of Nexon EV which is a Tata product to that of XUV by an image which reads 35000>0.

    Tata Nexon EV is among the first-ever high voltage Electric SUV which is made in India and with its capable nature and the absence of any rival directly, the Nexon EV is among the best electric vehicle cars in India. This has made Tata Nexon way too ahead of their rivals and an electric car which has achieved this milestone and prompted Tata Motors to promote this achievement on social media.

    However, when it has done so, the Nexon has mocked its rival which is yet to be launched. Mahindra has positioned this car to be a direct rival and is going to see a 2023 launch in January. This will offer a driving range of 400+ kilometer.

    Tweet here : https://twitter.com/Tatamotorsev/status/1599018208513921029

    The jibe has not gone too well with some of the social media users. The reason for this is the fact that the car is yet to be launched. The comparison has been done with humor in mind but there were many who have pointed at the intention of mocking zero sales when it is going to hit the market eventually. Nexon has two models currently running in the market and both are getting good sales without any competition so far.

  • Elon Musk makes a cheeky comment on Biden’s tweet

    Elon Musk who is the founder of Tesla and is a new owner of the micro blogging website Twitter has been in the news in the recent past for different reasons.  Recently, Musk made a comment on the tweet of the President of United States, Joe Biden and asked him to buy an electric car from his company Tesla. United State’s President had recently reveled the plans of building 5 lakh electric vehicle charging stations all across the United States and announced a release of the funding for a nationwide charging network for the Electric Networks. This is going to help in financing the construction of charging stations across 35 different states and will significantly improve the charging infrastructure of the country.

    Following the post on social media site, Twitter, Musk and Biden then had a conversation on Twitter. The tongue in cheek comments were followed by people all over the world and created quite the buzz all over.

    Earlier in the Year, Biden did not Tesla when he was making his speech for the state of Union. Musk commented on that and said that no one was watching the President when he was making that address.

    Read the Tweet here : Elon Musk on Twitter: “@POTUS Or you can just buy a Tesla” / Twitter

    Biden said that an investment of a total of $18 billion was made by GM and Ford for building electric vehicles while Tesla had not been mentioned in the address that Biden made to the nation. Musk was quick to address that Tesla had been contributing to as many as 50,000 jobs in United States for building electric vehicles and is investing over double of what the other two companies that Biden mentioned are investing.

    Read Also : Electric Vehicle Market banks on India (evworldnews.com)

    He even went on to say that Biden is treating the public of America like Fools. Biden had in February though, had acknowledged the contribution of Tesla for countering the Chinese EV infrastructure.

  • Electric Vehicle market in India to be a huge part of Electric vehicle change.

    Electric Vehicles in India are going to be a major boon for the electric vehicles market as a whole as the country is dealing with some severe issues of pollution and traffic and electric vehicles have been touted to be a big solution. As a mode of transport, this isn’t just efficient but also eco-friendly. For addressing the pollution and traffic issues, authorities are now pushing the electric vehicles hard as an effort for curbing the air pollution and limiting its dependence on the crude oil. The industry of automobile has been expected to now make a major switch to the electric vehicles in the years to come.

    Also Read :https://twitter.com/evworldnews/status/1599634338559062017

    Population growth is the major reason for the hike of fuel as there is excess in demand and India is exploding as a population. This rapid growth in population is going to put a major strain on the resources of the country including the infrastructure related to transport.

    Air pollution is a huge problem all over the world. India has of now has 14 of the most polluted cities in the top 20 as per the World Health organization. Electric Vehicle is responsible for zero emission and they can play a major role in improvement of air quality.

    Also, India is the third largest importer of oil and the cost of the oil that it imports is a huge draining factor for the economy of the country. The electric vehicles are a lot more efficient than the diesel and petrol vehicles and may also help in the reduction of India on the imported oil.

    Also Read : Emerging countries to lead the Electric Vehicle charge (evworldnews.com)

    Though, alternate transport may be the need of the hour but being a huge economy with people with different class and strata, the switch to the electric vehicles will not be easy and is going to require a major investment in the infrastructure such as charging facilities.

  • Electric vehicles in India running on e-rickshaws.

    Electric Vehicles in India have been a talking point all over the country as the country struggles with growing population and worsening air pollution. Slowly but surely the revolution is coming in terms of electric mobility and the massive revolution is being led by an unlikely source. The unlikely source being e-rickshaws.

    The electric three-wheeler usually used as public transport has been adopted by people all over the country. Whether it is a person who wants to drive the e-rickshaw and is tired of pulling a rickshaw load or a person who wants to set this up as a business, there is opportunity which is there for sure to lead the electric vehicle revolution. The market did however suffer a great dela in the coronavirus period as the impact of coronavirus on electric vehicles was extremely negative in India. There were curfew-like conditions in the coronavirus pandemic. The effect of the virus caused a major dip in the demand for the shared services of electric vehicle. Therefore, the mobility service providers have deterred considerably from investing in the e-rickshaw market but after the pandemic, it has picked up again. The government in India has been encouraging the service providers from making an investment into the e-rickshaws and in the public transportation with the focus being there on the three wheelers, cabs and buses. With the implementation of the policies of the government, there are opportunities for this market are going to expand at a high rate. This is also beneficial for the country which has a high population and therefore helps people get through the traffic with ease. This is also fuel efficient and helps in emissions.  The popularity is only going to increase with the growth in the emission strictness and the population becoming more aware about the benefits of e-rickshaws

    Also Read : Switzerland may limit electric vehicle usage due to electricity shortage. – EV World News

  • BasiGo and Metro Africa lead Africa’s electric vehicle charge

    BasiGo which is a firm from Kenya and is into e-mobility has secured a $6.6 million funding for fast-tracking the commercial delivery of the locally -assembled electric busses in the country which is the most recent of the announcement that has come which suggests that change is imminent in the African Mobility sector. With 25 electric busses currently operating in the pilot phase, the company has an intention of delivering a further 15 busses in the month of January which will be used by the existing bus operators in Nairobi. This latest round is going to bring the total of funding in the year 2022 to the tune of $10.9 million.

    Read More : https://twitter.com/evworldnews/status/1599407183497777152

    This announcement comes barely after weeks of the Nigerian Startup Metro Africa announcing that it has a crowdfunding target plan of $100 million for facilitating the electric vehicle part availability in 10 markets in Africa by the end of the year 2023.

    KenGen which is a leading producer in hydro electric power has also unveiled recently that it has come up with four electric vehicles. Furthermore, BasiGo has unveiled already that the charging infrastructure is going to be available soon.

     This market is a ripe one for the public e-mobility as per Jit Bhattacharya who is the CEO of e-mobility. He says that more than 90% of the electricity of Kenya comes from the renewables already. Yet the transport sector is going to rely entirely on the imported petroleum fuels. By the electrification of the public transport of Kenya, they may be able to completely and immediately dent the climate emission and clean the cities up and also give the bus owners much needed relief from the rise in diesel costs.

    KenGen is going to responsible for the transition of the country into one which is reliant on the electric mobility.

    Also Read : Switzerland may limit electric vehicle usage due to electricity shortage. – EV World News