Monthly EV update- Jan 2020

Monthly EV update- Jan 2020

New Product Launches

Product name Vehicle type Battery specifications Other specifications Price
Bajaj Chetak Urbanite 2-Wheeler Range- 95+ Km 3 kWh (48 V, 60.3 AH) Motor- 4080 watt (peak), 3800 watt (Continuous) Torque- 16 Nm INR 1-1.15 lakh
MG ZS EV 4-Wheeler SUV 44.5 kWh battery with range of 340 km/ full charge.      7.4 kW AC charger can fully charge the battery in 6-8 hours whereas 50 kW DC charger can charge 80% in less than an hour INR 20.88-23.58 lakh    
TVS iQube 2-Wheeler 4.5 kWh lithium-ion battery provides a range of 75 km     It has top speed of 78 kmph & can be fully charged in 5 hours. INR 1.5 Lakh
TATA Nexon EV 4-Wheeler 30.2 kWh lithium-ion battery 312 km electric range Electric motor produce 245 Nm of instant torque from standstill, boasts acceleration of 0-100 in 9.9 seconds. 8 years / 1.6L km warranty on battery & motor INR 13.99-15.99 lakh  
Ather 450X 2-Wheeler Battery capacity of 2.9 kWh offering a range of 85 km on a single charge     Top speed of 80km/ h while 0 – 40km/ h comes in 3.3 seconds.     INR 85,000 in Delhi while in other cities at INR 99,000    
BattRE IOT 2-Wheeler It gets a 48V, 30 Ah lithium ion battery pack that gives a range of up to 85km Top speed of 25 kmph INR 79,999. Price includes a 1-year subscription to IOT features
BattRE LoEV 2 Wheeler a detachable Lithium Ferro Phosphate battery with 3 years warranty. The LoEV electric scooter comes with features like dual disc brakes, remote key, anti-theft alarm, reverse gear, wheel immobilizer, 10 AMP fast charger, 2 hours charging time INR 59,900 ex-showroom
Hero Electric Flash 2 Wheeler 48V battery Run around 50 km on a single charge Battery requires 8 hours to be fully charged. The electric scooter gets LED headlights, mobile charging facility and regenerative braking system. Weight 69 kg, which makes the scooter easy to manoeuvre INR 29,990 (ex-showroom, Pan India)

Tenders

Tender name Tendering authority Location No. of vehicles/type Other details Bid submission date
UP Jal Nigam, 25 charging stations, Jan 2020 UP Jal Nigam Uttar Pradesh 25 charging stations EMD: INR 6.75 lakh  Feb 3, 2020

EESL electric vehicle tender failed as vehicles were not for personal use

As part of the tender floated by Energy Efficiency Services (EESL) in 2017, both the companies were to supply 10,000 units, to be used by senior government officials. However, officials refused to use the electric cars made by M&M and Tata Motors, citing poor performance and low range. So far, less than 1,500 units have been supplied and EESL is planning to close the order at 3,000 units.

Charging stations

Meghalaya to get 40 charging stations to promote sale of electric vehicles

New Delhi has sanctioned 40 charging stations in Meghalaya to encourage people to buy electric vehicles. Prakash Javadekar, Union Minister of Environment, Forest and Climate Change announced on Friday that permission has been granted for setting up of 2,636 charging stations in 62 cities across India. The charging stations would be set up under the FAME India scheme to encourage manufacturers to launch new electric vehicle models, Javadekar said.

Policies

Govt approves 2636 EV charging stations in Phase-II to Fame India Scheme

Department of Heavy Industries has sanctioned 2636 charging stations in 62 cities across 24 States/UTs under FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme phase II.

Source: DHI

Power Grid slashes electric vehicle charging rates by 50 per cent in Hyderabad

Power Grid Corporation has slashed by 50 percent the rate for charging electric vehicles in Hyderabad, in an effort to give a boost to the emerging mode of transportation. Power Grid, with Hyderabad Metro Rail Ltd and L&T Metro (Hyderabad) Rail Ltd, has installed four electric vehicle charging stations at the Miyapur Metro Station; Hyderabad Next Galleria Mall at Hitech City; Next Galleria at Punjagutta; and Nagole metro rail station.

Gujarat Announces Subsidy on Battery-Operated Vehicles for Students

To promote eco-friendly vehicles, the government of Gujarat has implemented a program for the distribution of battery-operated vehicles (BOVs), especially two-wheelers to the students of grade nine and above. Those students who opt for such vehicles will get the benefit of state subsidy to the tune of ₹10,000 (~$141) per vehicle. The program is executed through the dealership network of Gujarat Energy Development Agency (GEDA) authorized manufacturers. High speed (>25 km/hr) battery-operated two-wheelers have also been distributed to those students of grade 12 and above with a valid driving license.

Partnerships and JV’s

EVIT Partners With BSNL To Push For EV Infrastructure In India

New Delhi-based electric vehicle (EV) infrastructure startup EVI Technologies (EVIT), on Monday (January 6), announced that it has signed an MoU for a period of ten years with telecom operator Bharat Sanchar Nigam Limited (BSNL) to install battery swapping and EV charging stations in five thousand locations across India. Through this partnership, BSNL will be providing the necessary space and power connections for installing the battery swapping infrastructure. EVIT, on the other hand, will be taking care of the entire operation and maintenance of the battery swapping and EV charging infrastructure. The duo will be installing over 100 battery swapping and public chargers at each location.

Ashok Leyland Partners With ABB Power Grids to Develop Fast Charging for Electric Buses

The partnership will work on the development of a pilot electric bus based on ABB’s flash charge technology ‘TOSA’, which charges the battery in a short time as passengers get on and off the bus. The company says that this new technology cuts the hassle of taking the bus to the charging station every few hours for charging or having a replacement bus ready, cutting down on the size of the fleet and, at the same time increasing passenger-carrying capacity.

Suzuki-Led JV To Invest INR 3,715 Cr For Manufacturing EV Batteries In India

In a bid to ramp up India’s electric vehicle (EVs) adoption plans, Automotive Electronics Power, a joint venture (JV) of Japan’s three tech giants — Suzuki, Toshiba, and Denso — has committed INR 3,715 Cr for the second phase of production of lithium-ion batteries in India. The JV will start investing in this corpus from 2021 to 2025 to increase the production of lithium-ion batteries at its manufacturing unit that will be set up in Hansalpur, Gujarat. Notably, the manufacturing plant is said to be the biggest lithium-ion battery manufacturing unit in the world.

Mitsui & Co. to make electric vehicle motors in India

Mitsui & Co. will produce electric vehicle motors in India in partnership with Taiwanese motor manufacturer Teco Electric and Machinery, likely becoming the first Japanese company to make EV motors in the country. Teco is the world’s fourth-largest industrial motor maker, with annual sales of around $1.63 billion.

Tata AutoComp enters JV with Chinese company to make electric vehicle components

Tata AutoComp Systems, the auto-component arm of the Tata Group on Friday entered a joint venture with Beijing-based Prestolite Electric to enter the electric vehicle (EV) components market. The joint venture company will develop powertrain solutions for the Indian EV market. Owned by the Broad Ocean Motor Group, the Chinese partner brings to the table access to technologies for various powertrain products like motors and controllers as well as integrated drivetrains. Meanwhile, Tata AutoComp offers its well-established supply-chain network in the country.

Investments

Mobility startup Bounce raises $105M on the path to electric vehicle expansion

Bike and scooter rental company Bounce is developing its own fleet of electric vehicles with the help of a new investment of $105 million. B Capital Group and Accel Partners led the round, bringing the company’s total funding to date to more than $194 million. There was also participation from previous investors Chiratae Ventures, Falcon Edge, Maverick Ventures, Omidyar Network India, Qualcomm Ventures and Sequoia Capital India.

Other interesting reads

Mahindra Supplies 1000 Electric Vehicles To Lithium Urban Technologies Fleet

Mahindra was the pioneer in the electric mobility space in India and that happened way before electric vehicles gained prominence in the scheme of things. Mahindra electric vehicles which were supplied to Lithium Urban Technologies Fleet have clocked over 100 million kilometres. The company has also supplied another batch of 1000 e-Veritos to Lithium Urban Technologies Fleet that cater to the employee commute and transport segment in corporates.

Amazon to add 10,000 electric vehicles into its delivery fleet by 2025

 Amazon India has made a commitment to induct 10,000 electric vehicles (EV) into its delivery fleet by 2025, as part of the company’s efforts to reduce the carbon footprint and environmental impact of its operations. In a statement, the company said its commitment to electric mobility comes after running successful pilots in several cities last year, and will have its electric fleet operating in 20 cities across the country, including Delhi-NCR, Bengaluru and Hyderabad within the year.

Hero Electric Puts On Hold Investment Of Up To Rs 700 Crore For A Year

Electric two-wheeler maker Hero Electric has put on hold investment of up to Rs 700 crore for a year as FAME II, a scheme aimed at promoting electric vehicles in India, has failed to deliver, a top company official has said. Calling for a complete revamp of the policy, the company wants the government to include low-speed electric two-wheelers for subsidy, arguing that for mass adoption of electric vehicles in India these cost effective vehicles are critical.

Tata Tigor EV Becomes the Most Sold Electric Car in India, Clocks 669 Units Between April-December

As Indian extensively pushes for electric vehicles in the country, manufacturers are scrambling for a piece of the pie to establish their stand. New entrants such as MG Motor will launch its second model in India in the form of the ZS electric SUV. Last year from April to December, however, Indian auto giant Tata Motors led the electric revolution with the Tigor EV as it sold 669 units of the car.

Global updates

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Hyundai Motor Co and sister firm Kia Motors Corp are making the investment of 100 million euros ($110 million) in Arrival Ltd. Founded in 2015 and based in London, Arrival has developed a boxy, futuristic-looking shuttle bus aimed at the commercial delivery market. The company said its van will have a range between charges of 300 miles. In a statement, Arrival said it will work with Hyundai and Kia to develop a variety of electric vehicles, initially for the commercial market. Those vehicles will be built on Arrival’s modular vehicle platform or “skateboard” that bundles motor, batteries and chassis components, similar to the skateboard developed by U.S. startup Rivian.

Volvo to Build an Electric Vehicle Battery Plant in the U.S.

While many people consider Detroit home of the automobile, the southeast region of the U.S. is becoming a hotbed for auto manufacturing. Automakers BMW, Mercedes Benz, Volvo, Toyota, Honda and Hyundai built assembly plants in the region to manufacture vehicles for the U.S. and global markets. Most recently, Toyota and Mazda recently announced they will be opening a new $1.6 billion plant in Huntsville, Alabama, adding around 4,000 new jobs to the region. Now Volvo becomes the latest automaker to expand its U.S. manufacturing with a new electric vehicle battery plant.

Fiat Chrysler and Foxconn plan Chinese electric vehicle joint venture

Italian-American automaker Fiat Chrysler and the parent of iPhone assembler Foxconn plan to set up a joint venture to build electric cars and develop internet-connected vehicles, the two groups said. Fiat Chrysler (FCA) confirmed on Friday it was in talks with Hon Hai on the potential creation of a 50-50 joint venture to develop and manufacture new generation battery electric vehicles in China and engage in the IoV, or ‘Internet of Vehicles’, business.

GM to invest $2.2B in first all-electric vehicle plant, create 2,200 jobs

General Motors confirmed Monday it will invest $2.2 billion to convert an ageing Detroit assembly plant into the manufacturing heart of its “all-electric future.” The plant will be capable of using an extremely flexible vehicle “architecture,” said GM President Lloyd Reuss, industry-speak for its underlying platform. It will allow the automaker to produce multiple products “for multiple brands, with multiple variants, with multiple customers (offering) different ranges of performance at different price points to meet customers wherever they are.”

Hyundai to invest $87 billion into producing 44 new electric vehicles

Hyundai Motor Group is set to invest $87 billion in the production of electric vehicles and autonomous driving. This disclosure was made by the company’s Executive Vice Chairman, Chung Eui-sun. The $87 billion investment would be put to work over the course of 5 years in future mobility technologies like the planned production of new electric models.

Kia to Invest 29 tln Won in Future Mobility by 2025

Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said Tuesday it will invest 29 trillion won (US$25 billion) in electric vehicles and business diversification by 2025.Kia Motors made the announcement as it aims to transform itself into a leading electric vehicle manufacturer while reducing the ratio of combustion engine vehicles it makes.

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