Electric Vehicles This Week: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore

Electric Vehicles This Week: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore

SUMMARY

Ampere Vehicle partnered With Bounce and eBikeGo to strengthen its offerings

Ather plans to expands its grid charging network to 135 locations

Hyundai looks to set up an EV R&D and production unit in Singapore

Greaves Cotton’s wholly-owned electric vehicle (EV) subsidiary Ampere Electric has partnered with Bengaluru-based two-wheeler rental startup Bounce to enable faster adoption of electric scooters and provide sustainable and affordable customer experience.

Ampere Electric said that mobility startup Bounce has ordered 3,000 Ampere scooters on the platform as part of the initial rollout of its partnership with the company. The company claims that it will customise the electric scooters for Bounce. Other than this, Ampere has also partnered with OTO Capital and Autovert Technologies.

Ampere was founded in 2008 by Hemalatha Annamalai. The company raised an undisclosed amount from Ratan Tata in 2015. It has so far raised $200 Mn funding and counts Tata, and Chairman Axilor Ventures  Senapathy “Kris” Gopalakrishnan as its key investors.

Speaking on Bounce’s partnership, P Sanjeev, COO, Ampere Electric said, “We are seeing an increased demand in retail and faster adoption of our scooters by leading rideshare and last-mile delivery players. Our range of escooters are available across India in nearly 200 cities & towns and rapidly expanding.”

Besides this, Ampere Vehicles has also partnered with emobility startup eBikeGo to strengthen its presence in the fast-growing B2B shared mobility service segment. Commenting on its association, Sanjeev said, says, “Our partnership with eBikeGO is a significant step towards catering the increasing last-mile delivery demands from leading ecommerce platforms in the country, wanting to deliver their goods always on time, through affordable and cleaner emobility solutions.”

Chart Of The Week: 

EV News Of The Week

Ather Plans Expands Its Grid Infra To 135 Locations

Bengaluru-based EV startup Ather Energy has announced the commencement of the Phase I installation plans for Ather Grid, which offers multiple charging points, to 135 locations in 9 new markets by the end of this year. With this, the company would take its charging station total to 150.

The new Ather Grid fast charging stations can be used by all two and four electric vehicles. They can also charge Ather’s latest electric scooter model Ather 450x in 10 minutes for a 15 Km range. The Grid is also supported by the Ather Grid App which allows electric vehicle users to assess availability and locations on the home screen.

CredR Collaborates With Gemopai Electric

The used two-wheeler platform CredR has collaborated with Gemopai Electric for a two-wheeler exchange programme, which enabled users to exchange any petrol-based two-wheeler with a Gemopai electric scooter.

CredR will offer instant quotes for old petrol scooters, thus reducing the upfront cost of Gemopai scooters. The customers can avail this offer in any Gemopai showroom instantly. The programme is currently available only in Delhi-NCR, Hyderabad and Jaipur. It will soon be expanded across India.

EV Headlines From Around The World

Hyundai Building EV Hub In Singapore

South Korea’s Hyundai Motor Co started construction on a research and development centre in Singapore to house a small-scale EV production facility on October 13 (Tuesday). Singapore Prime Minister Lee Hsien Loong said that the facility may produce up to 30,000 EV annually by 2025 and represents an investment of $295 Mn.

“Automotive activities are becoming viable in Singapore once again. EVs have a different supply chain, fewer mechanical parts and more electronics, which plays to Singapore’s strengths,” PM Lee said.

Tesla’s Seven Seater Model To Hit Production

Elon Musk-led EV manufacturer Tesla may start rolling out a seven seater Model Y from November onwards. The seven-seater version of Model Y will start production next month with initial deliveries planned for early december, Musk said.

The seven-seat configuration on Tesla Model Y will add a third row of seats. This is likely to find favour among large families who want an EV for city commutes as well as highway escapes.

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.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
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: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore-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: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore-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: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore-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: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore-Inc42 Media
Electric Vehicles This Week: Tesla’s Seven Seater EV, Hyundai To Setup New Hub In Singapore-Inc42 Media
You’re in Good company