Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership

Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership


Only one out of four people in UK would consider buying an electric vehicle, says a survey

Indian government is planning to develop its own standards for EV charging stations

Honda and GM is exploring ways to use blockchain in developing EVs

In order to ensure a greener and cleaner atmosphere, all countries across the globe have been bullish towards adapting electric vehicles to tone down on vehicular emissions.

Countries such as Norway, China, US are competing for claiming the top spot in the global electric vehicle space.

At this time, a BBC report has said that electric vehicles are not popular among the customers in UK. According to a survey by a non-profit organisation Transport Research Laboratory, only one out of four people would consider buying a fully electric car in the next five years.

According to the research, range anxiety and higher costs of electric vehicles are the major reasons behind discouraging people from switching to emobility.

Chart Of The Week

EV News From India

India To Get Its Own EV Charging Standards

In order to develop electric vehicle charging infrastructure in India, the central government is now planning to develop its own standards for EV charging stations. Bureau of Indian Standards (BIS) and the Department of Science and Technology (DST) are together building an indigenous charging standard. This move will also help in reducing the cost of establishing charging stations for EVs in the country. Currently, there are three global standards, Japanese, Chinese and European. Any company in charging infrastructure space is required to get a licence from the concerned authorities to avail these standards which make the infrastructure very expensive.

Ashok Leyland Invites Tesla For Partnership

Chennai-based automobile manufacturer Ashok Leyland has said that it is open for partnership with Elon Musk-owned Tesla to help the latter deploy its vehicles in India. According to Venkatesh Natarajan, senior vice president and chief digital officer of Ashok Leyland, multiple agencies will be involved in this process. This development comes in after Musk expressed his interest in expanding its operation in India this year or definitely by next year.

Tata Motors Seeks Incentives For Private EVs

Mumbai-based automobile company Tata Motors hopes that private buyers of electric vehicles will also get government incentives in future. Under the FAME II scheme, the central government will provide incentives to public and commercial fleets in order to boost emobility in the public transportation sector. However, the carmaker believes that without incentives, individuals may get discouraged to purchase EV for personal use.

EV Startup Pick of the Week: Sun Mobility

Sun Mobility was founded in 2017 by Chetan Maini and Uday Khemka. It is a 50:50 joint venture between Virya Mobility 5.0 and SUN New Energy Systems. The startup provides innovative solutions for electric vehicles and energy infrastructure to build a fully electric mobility ecosystem. To achieve this goal, the startup has built an open-architecture, ‘Smart Mobility’ model deployable across multiple vehicle platforms. According to the company, this model tackles four main issues in EV space — high costs, long charging time, equivalent infrastructure, and range anxiety.

Last year, it partnered with EV fleet operator SmartETM to deploy its energy infrastructure to support SmartE’s growing EV operations. In 2017, Sun Mobility had entered into a strategic alliance with automobile maker Ashok Leyland to develop emobility solutions.

EV News From Around The World

EV Demand Increases In British Columbia

The New Car Dealers Association of British Columbia has reported an increase in electric vehicle demand after the new $5K federal incentive was implemented this month. According to reports, around 1,800 electric vehicles have been sold in British Columbia in May till date. According to the president of the association, Blair Qualey, due to the incentives, the cars have become more affordable and their ranges have also increased causing them to be more appealing to the customers

Honda, GM To Explore Blockchain Use In Developing EVs

Japan-based carmaker Honda and US-based General Motors (GM) are together conducting research on electric vehicle and smart grid interoperability using blockchain technology. As a part of this initiative, both the automobile manufacturers will explore if electric vehicles can be used to stabilise the supply of energy in smart grids. For this study, the companies will be working with technology consortium Mobility Open Blockchain Initiative (MOBI) which is aimed at making mobility services more efficient. The development comes in after it was reported that GM had filed a blockchain patent for a solution to manage data from autonomous vehicles.

Hyundai Is Betting On Hydrogen Fuel Run EVs

South Korea’s Hyundai Motors Group is reportedly betting on electric vehicles which run on hydrogen fuel cells. The company has been developing both lithium-ion battery electric vehicles and hydrogen fuel cell EVs. Hyundai is expected to launch its first electric vehicle this fiscal year in India. At a time when global automakers are still fine-tuning their lithium-ion run EVs, Hyundai has already begun developing hydrogen fuel vehicles.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

Unlock 60% OFF
Cancel Anytime
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership-Inc42 Media
Electric Vehicles This Week: Ashok Leyland Invites Tesla For EV Partnership-Inc42 Media
You’re in Good company