
EVs to cost less than petrol and diesel cars in India by 2027
India has a chance to catch up with the front-runners such as China, says report
India has a chance to catch up with the front-runners such as China, says report
JLR and Tata Motors will be anchor customers, says Tata Group
Gujarat gigafactory will ensure 'political de-risking' and control of the whole supply chain, says Tata Motors
Shares of Tata Motors rose 2% in intraday trade on Monday to hit their 52-week high of ₹548.65 apiece on the BSE.
The proposed gigafactory will be set up with an initial investment of around ₹13,000 crore
Priced at a whopping ₹5.1 crore, the Artura comes with Plug-in Hybrid capability.
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
The new rules cover electric vehicle batteries, portable batteries, automotive batteries and industrial batteries.
The draft policy looks to decouple an EV and its battery by enabling the use of the battery as a service, without ownership of the battery.
Exide in the process of forming a special purpose vehicle by way of a wholly-owned subsidiary for carrying out its lithium-ion cell manufacturing business.