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.
After the investment by Hero Motors in Ather Energy what is very obvious is that there is a certain communication link that seems to have been cut… that they have managed to choke Tarun & Swapnil… their voices have almost been shut out… the way business was done seems to have changed somewhat…
There have been changes both inside and outside. Looks like production might not start even by mid 2018… Continue reading →
To all the Engineering students signed up or gearing up to compete in 2018 Mahindra Baja there is just one advice from our side – just don’t bother with Mahindra Baja!… Unfortunately many of them would give a hand and a leg to work for Mahindra… even if it is some boring job.
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.
Donald Trump talked about many great things he has planned for America in his address to congress. There he had talked about “some countries” taxing American Harley Davidson motorcycles 100% Taxand called it unfair. Well that country was none other than India. He wants taxing in other countries to be fair…
Really? Mahindra has being trying to sell their vehicles in USA but still has not been successful to even get entry Tata had to buy the British Jaguar Land Rover brand to even qualify to sell “popcorn” in US and yet Nano has still not been allowed into US based on continuously increasing standards aimed to keep the Nano out… so much for talks about “being fair”. Same also for Indian pharmaceutical, garments & agricultural produce getting banned for vague reasons. People who live in glass houses should not throw stones on others!!!
After Ford, Maruti too pulls out of International Consortium for EVs called xEV. This consortium created about 1 year ago consisted of Industry leaders like Tata-Mahindra-Maruti-Suzuki-Toyota-Ford.
What is interesting to note is that more than Toyota & Ford it is the Indian companies Tata & Mahindra who have developed and showcased and even sold Electric cars. (Actually if not for the stupid Cyrus “Mystery” even Tata Nano EV would have been on the streets by now because they had showcased the car around the same time as Reva NXR aka E2O.