EVWorldNews

Category: Companies

  • Krishan Pal Gurjar reveals steps about adoption of electric mobility

    Krishan Pal Gurjar who is the Union Minister for the Heavy Industries has reveled that the steps are being taken from the government towards addressing many challenges faced for the adoption of the electric vehicle acceptance.

    Also read : Lack of awareness about Electric Vehicle battery hurting market – (evworldnews.com)

    The minister in a reply in the Lok Sabha said that close to 7.5 lakh electric vehicles have been helped till the month of December 2022 through the demand incentive which amounts to close to 3200 crores. This has been done as per the Phase-II of the FAME India Scheme. Further, the MHI has also sanctioned 6315 e-busses to the 65 cities/State governments/STUs and other entities of governments. This has been done for the fast adoption and the manufacturing of the electric vehicles and hybrid vehicles in the country.

    There has been an allocation of 10000 crore for the next phase which is going to offer the support on both the shared and public transportation along with electrification. There are incentives which are provided to the buyers of the electric vehicles in the form of the upfront reduction in purchase prices

    He further mentioned the steps which have been taken from the government for addressing the challenges faced in the adoption of the electric vehicles in the country. Different policies have helped in making the electric vehicles at cost with the par with the ICE two-wheelers.

    The country has been in need for the reforms as there are different parts of this country are going through serious problems such as air pollution and population explosion. This is going to need to be controlled otherwise it would affect the health of the population in the market. The growth of the electric vehicles in the market will need a few more campaigns along with the awareness drives. Subsidies too will play a key role in the growth of the electric vehicles.

  • Cheap Chinese imports dent India focused electric vehicle policy

    The cheap imports which come from China are undermining the industry of Electric vehicle in India. Even with subsidies that come from government under the FAME II guideline that stipulate the 90% Indian made vehicles where Chinese imports are much cheaper which is a blow to the Electric vehicle policy of India. This had been stated by the companies which participated in the Biswa Bangla Mela Prangan.

    Ngage Impex Private LTD which is an Electric Vehicle maker from Howrah that sells the electric two-wheeler under the brand name Ronflant, assembles the vehicles in the plant at Jalan complex with the components which imported from China.

    The general manger Swarup Kundu said that they import everything from the batteries to tyres from China. It is a lot cheaper that way. China has been achieving a huge economies of scale and it can price its products a lot more competitively than the Indian products. To make the manufacturing profitable in India, there is a production which is at least the current capacity’s five times. As it has imported, it has been able to keep the price of the components down and keep it around 55000 to 95000. Localization is going to push the costs up.

    EV maker Go which is based in Singur said that its operation began last year and it has been offering in the brand name of Goeen and it has also assembled the scooters with the components from China as per the business heads.

    The electric scooters Chalo have been offered with the lead acid battery of the 48 volts/28AH that has a range of close to 60km and Chalo v2 that has a range of 70km

    So this calls for a great reflection on the Electric vehicle policy of India where they need to introspect about imports.

  • Tesla is coming to Thailand to compete with BYD

    Tesla has now launched the sales of its car sales in Thailand as it has been offering its popular cars Model Y and Model 3 at the prices which are aimed to compete with the rivals such as BYD from China.

    The company has been staging a glitzy showcase of the plans it has and this Wednesday was a huge showcase in the Siam Paragon Mall in Bangkok. The online purchases have started with the plans of delivering the vehicles to buyers in next year’s first quarter.

    Also read : ZS EV Affordable vehicle for the Indian Markets (evworldnews.com)

    The market of Southeast Asia has a population of over 600 million people and the focus is growing increasingly on the automakers who are now looking at expanding their sales of the electric vehicles. 

    Tesla has said that the vehicles are going to have the latest systems of navigation and a few other features like the software updates over the air.

    This company is selling its Performance and Model 3 Long Range models. The Model Y is going to be sold in three different versions for meeting specific demands of Electric vehicle lifestyle for each Thai driver.

    As per the local feedback, the price which is set at $50,000-71,000 is lower than what the people were expecting. There are very less after sales concerns too. They are not worried about that as the parts are not at all complicated in comparison to the combustible cars.

    There are many countries which are looking to launch their cars so there are better choices and that is going to be great for the consumers as per them. Tesla has said that it is going to start its first supercharger station and service station.

    Tesla said that it is going to open its first service center and supercharger station in Thailand by the month of March and is going to plan to have close to 10 set up in Thailand in the year 2023.

  • Car Manufacturers dropping AM radio due to electromagnetic interferences.

    Car manufacturers say that the electromagnetic interferences cause static and noise on the AM transmissions which annoy the customers. The broadcasters have said that they may lose a connection to the core listeners who are reliant on radio for the emergencies. For close to a century, the drivers are used to listening AM radio for the updates with traffic, sports, weather, news and a variety of other programs

    However, this is a dashboard regular which may be on its way out as the electric vehicles will start grabbing more of the marketplace in America.

    An increase in the number of electric models which are dropping the AM radio option could be a worrying sign for the broadcasters as a whole and deprive the drivers of a crucial news source in case of emergencies.

    The car makers have said that the electric vehicles generate a lot more electromagnetic interference than the fuel-powered vehicles which may disrupt the AM signal disruption and cause the noise, static and a high -frequency humming sound.

    Instead of frustrating customers with the inferior reception and the noise, the decision had been made for leaving it off the vehicles which feature the eDrive technologies.

    Also read : Electric vehicle Charging not going to affect the grid supply or systems. – EV World News

    Tesla, Porsche, Audi and Volvo are a few more companies which have removed the AM radio from the electric vehicle and Volkswagen has also removed it from its SUV. Due to the same reception problems, Ford and Audi has said that it will also be dropping its AM radio from the electric pickup truck.

    A few experts have said that the problems related to the reception are not something they cannot overcome. The electromagnetic interferences may be controlled with the shielding cables, careful placement and filters in the electrical components in a vehicle.  The technology owners are going to have to find a solution for this.

  • Indian Celebrities owning electric cars.

    Indian market has been accepting electric cars in the recent past. Manufacturers such as Tata are providing affordable electric vehicles while the expensive manufacturers such as Merced have had an entry into the market too. Many of the famous Indians and celebrities are also going the electric way and now adopting to electric vehicles which are spotted for fan attraction on the Indian Roads. Here are a few Indian Celebrities owning electric cars.

    also read : EV Nepal Expo showcases BREV Microvan – EV World News

    Ambanis for example have a huge collection of cars. Ambanis have two electric cars in their garage. They have a high-performance version which has the falcon wing doors which make the entry and exit into the car much easier.

    Cricket icon and the former captain of the cricket team in India, MS Dhoni has also brought an electric vehicle in the country. The car he has brought is Kia EV6 which was launched only a few months ago at the starting price of Rs 59.95 Lakh. The KIA EV6 was sold as CBU and it is the first ever car that MS Dhoni has brought for his garage. The cricket has many cars and bikes that he has bought for himself. Many of them are vintage cars.

    Popular actress and dance Icon of the country Madhuri Dixit has also taken the first electric car delivery early in the year. She along with her husband Dr. Shriram Nene bought the Tata Nexon EV. Nexon EV is among the best selling electric vehicles in the country.

    Famous actor from the Telegu industry, Mahesh Babu has also recently bought the first electric car. He owns an Audi e-tron. This is a powerful SUV which has a driving range of around 484 km.

    This is going to give a major boost to the manufacturers of the electric vehicles and encourage the fans of these celebrities to take up electric vehicles.

  • Electric vehicle battery cost is going increase further.

    The costs of the Electric vehicle battery have been soaring in the year and that is because of the material and battery component prices increasing.

    Price of the Lithium-ion battery pack’s volume-weighted average has reached an amount of $151 per kwh in the year which is an increase of 7% over the year 2021. This is going to mark the first time average increase since the BNEF had begun the tracking of prices in the year 2010 and it delays the price parity of electric vehicle with the internal combustion cars.

    Also read : Indian Celebrities owning electric cars. – EV World News

    This is a figure which represents an average through different end uses of multiple battery including the different kinds of the electric buses, vehicles and the stationary energy storage adding that a specific average for the EV packs was $138 per kwh in the year 2022.

    The average prices may have been higher in the year had it not been for the increased adoption of lower cost of lithium chemistry as the alternative for NMC which is used by a lot of manufacturers. On an average, the LFP battery cells had been 20% lesser than the NMC cells.

    Though, the overall cost increase has been outpacing the increase in the adoption of LFP chemistry as per BNEF. LFP had also not been immune to the rise in the cost. On the pack basis, the prices had risen by 27% in the year 2022.

    The battery price increase has also come despite a lot of announcements due to battery manufacturing which is going to eventually increase the supply but has not begun to impact the market yet.

    The BNEF is expecting the battery costs to for dropping once again in the year 2024, when more of the lithium mining and refining capacity is going to be online and it will reduce the prices of the market.

  • Volvo to keep its commitment on the electric vehicle manufacturing.

    Volvo has been a brand which has been known for its safety over the years. Now, car manufacturer from Sweden is going to be known as an electric vehicle company as well. Volvo has been facing many obstacles such as the shortage of semiconductors and the price variations however all the car manufacturers have been encountering these issues. The commitment of the company is going to be higher for the for the electric vehicles now as it is going to get into the hybrid powertrain or the all-electric vehicles for all of its models. The company which was known all over the world for the cutting edge features of safety and its crash ratings is going to be leading innovation for the automotive industry in the coming years.

    Also Read : https://evworldnews.com

    The decision was announced in the last two years and the company has been trying to get its production to become fully electric by the year 2025. Volvo has also made a commitment by 2025 that it is going to have a million vehicles on the road by then.

    The other manufacturers have been following suit since then and it is going to impact the world in the most positive manner as the electric vehicles which is going to see a growth in the coming years with Volvo leading the charge for the market.

    Volvo is also going to offer a couple of fully charged plug-in models. The new Volvo is going to reach the floors of the showroom in the year 2023 in the form of a 2024 model.

    There has been no entry level price suggested yet but there are speculations rife about the electric vehicle price which has created a buzz in the world of electric vehicles. This is going to be a revolutionary growth graph for the company.

  • ZS EV’s smaller version from MG motors to debut in India soon

    The upcoming ZS EV from MG motors is going to probably debut in India. Before, the launch, the automaker as of now is testing the electric vehicle it has. This is a much smaller version of the ZS electric which is an SUV. This has been recently seen on the roads of Gujrat where they were testing. This is an upcoming electric car which is aimed at the customers who are looking for an affordable and small EV in India.

    The test vehicle of the ZS EV is going to be a three door model. The EV will expectedly be coming with a light bar that is going to stretch to the entire width of a rear section which connects with its tail lights. There is also speculation that it is going to come with the rectangular fog lamps as well as the bumpers that are body-coloured.

    As per a leaked image, this car may be a rebadged version of the Wuling Air electric vehicle. This is going to be the smallest car on the roads in India.

    Also Read: GM to install 40000 EV chargers (evworldnews.com)

    The ZS EV in all likelihood is going to have a range of 200 to 300 kilometers on one charge.

    At the same time, the MG Motor India has also initiated a huge overhaul in the top leadership as it signals an intent for this market to have a long term commitment as there is a huge scrutiny of the FDI which comes from China. MG is among the only Chinese manufacturers which have set a facility up in India after the debut with the SUV MG Hector in the year 2019.

    The affordable segment could be one which the market needs the most as it would then go on to grow its volumes and reach out to a huge middle class segment.

  • BMW electric cars may benefit from bumpy roads.

    A patent from the car manufacturer BMW has revealed that poor roads or roads which have bumps maybe helpful to the power cars. It has been revealed that BMW electric cars is looking to capitalize on infrastructure that has poor roads.

    Also Read : Chinese electric vehicles are offering a challenge to Europe – EV World News

    A document which has been unearthed form the national patent office in Germany has revealed that a new suspension device is going to allow the generation of electricity from the bumps on a road.

    This patent which has since been verified shows that a new way for charging of batteries can be done from the bumpy roads. When you get bumps, you can get more charging on the vehicle.

    It can be ascertained then that if the roads are bumpy, the cars would then have a longer workaround charging time for the electric vehicle.

    As per this document, the energy that gets generated from the movement of up and down of the suspension of a car gets wasted in the form of heat energy. This proposed setup is going to include a flywheel, generator and a clutch in suspension for capturing the energy during this process.

    It is apparent that generator of the car gets ticked off when the wheel of the car moves upwards due to a bump. The energy which results then gets used for recharging the battery of the electric vehicle.

    There are claims that BMW may be using this as a system in future on their flagship models. It is important for noting here that the patents are not always going to become products. Sometimes, these are just ideas which never find its way into the car.

    BMW had filed for this patent but the suggestion has been there for this technology for a while. Audi has also been talking about the technology for a while.

  • Chinese electric vehicles are offering a challenge to Europe

    The Chinese electric vehicles are now making their way into Europe and are aiming to win the sales volume from manufacturers such as Volkswagen which are looking to sell higher volumes of vehicle. But Mercedes, BMW and Audi cannot afford to get complacent as the companies will be coming for the upmarket manufacturers too.

    The premium markets however are going to be a lot more difficult to target as it is going to be difficult to compete with the status symbols which Audi, BMW, Mercedes and Porsche have become over the years and the nameplates BYD, Aiways, Xpeng or NIO may not have the same impact.

    It has been said that the share of the Chinese manufacturers of the battery electric vehicles in Europe may rise to about 15% by the year 2025 from 5% that it is right now. The big carmakers of Europe are currently hamstrung by the EU CO2 regulations which are in favor of the bigger, expansive and higher profit market electric cars and therefore seem unable to compete with the mid-price challenge and are even less inclined to contemplate a rise of the cheaper electric runabout.

    It is difficult to believe that the EU policy which is going to hollow the industry out and cause many job losses will be going unchallenged.

    Also read : GM to install 40000 EV chargers (evworldnews.com)

    The market is vulnerable and the brands have been notching up impressive sales which are based on the high-standard equipment levels and have prices which are below the competitive companies.

    Chinese electric vehicles are going to go unopposed from the European electric vehicles. The earlier hurdles such as quality which were being faced by the ICE versions of the Chinese electric vehicles will not be faced by the electric vehicles as they have a superior quality in the recent past due to better manufacturing.