JSW Energy a company with net profit of 2.17 billion rupees for the quarter ended June 2017 is now embarking upon the journey to build electric cars, batteries and charging infrastructure in India as a part of its diversification plans to drive future growth.
It plans to invest up to 40 billion rupees ($623 million) over the next few years and expects its first electric car to be rolled out by 2020. In a welcome break it is the first non-automotive company in India to not only build electric car but batteries and charging infrastructure too.
Tatas are planning to introduce a completely awesome electric car in the market. This car will be loaded with a lot of goodies and a special feature to communicate with the traffic signals ahead of the car to speed up or slow down traffic depending upon the number of cars on that particular road.
This is one car people will be proud to own! Post 2016 Indians will be proud of the vehicles Tata makes like Hexa, Nexon etc are all on par with other international car makers.
The world is moving towards banning Petrol & Diesel for all vehicles by the year 2025. The use of Electric vehicles are becoming more real than ever before. India has 2 good electric cars in E2O & E2O Plus. The cost of travelling in these cars are as cheap as travelling by a motocycle. Since this car does not use Petrol or Diesel (which are very expensive and harmful fuel)… you can save as much as Rupees 1 Lakh a year on fuel cost…especially if you drive a total distance of 100kms.
The maths is very simple… to recharge this “E2O Plus” P8-version car you will need just Rs 100 and you get 140km range. Most people travel within this range.
When ISRO launched 104 satellites into space on 15 Feb 2017… it completely exposed Elon Musk and his boast of sending cheaper flights into space using re-useable flyback rockets.
Whatever Elon Musk does it cannot put a dent in ISRO’s business. At his most effective he might just be able to keep USA in the business of sending satellites into space but still the cost would be much higher than the cost of ISRO’s.
Tata Nano GenX in spite of the global conspiracy to derail the project and bad mouthing (Nanos catching fire) it has been selling at a steady pace of around 800 cars per month. On the other side Kwid an inferior but better looking car is selling 10 times more!
Between Renault Kwid and Nano GenX we all know what is the difference… its “Advertisement” budget. Actually Renault must have spend 100 times more to advertise Kwid than Tata did with Nano GenX.
There is also more to this than meets the eye… some VERY SINSTER CASES – One where its CEO was murdered and the other in which the CEO who replaced the murdered CEO tried his best to MURDER NANO! Finally he was royally booted out by… Continue reading →
Dont know if a Steel company should be more interested than an Aluminum company in making Electric cars but here is one of India’s biggest conglomerates toying with the idea of making electric cars!!! One way would be to make different lightweight body for electric cars, rickshaws, motorcycles & scooters!
Atieva plans to put a premium electric sedan on the road in 2018, followed by a pair of luxury crossovers in 2020-2021, company executives told Reuters in an exclusive interview. The company is racing not just against Tesla, but also against three China-based startups that are using Silicon Valley technologists.
With its first car still at least two years away (2018) from production, Atieva is using a Mercedes-Benz Vito commercial van to test the drivetrain: a pair of high-output electric motors, a lithium-ion battery pack, inverters and controllers.