Reforms and incentives are attracting international investors looking to diversify away from China amid its intensifying rivalry with the US. But India still has a way to go - on trade ties, education and infrastructure, among others - if it wants to catch up to its giant northern neighbour
A Bengaluru-based startup, Emobi, intends to enter the diverse segments of electric vehicles, including last-mile delivery, passenger transport, utility vehicles, and personal commuting in collaboration with various prominent players in the segment.
Especially two-wheelers, have become more popular in India in the past few years. Last year, over 15 lakh EVs, spanning across segments were sold. Thus, witnessing a growth of more than 48 percent compared to 2022 when around 10 lakh units were sold. Despite a notable overall growth in EV sales, there was a temporary slowdown specifically in electric two-wheeler sales around mid-2023.
The auto industry has undergone an extreme transformation driven by technology, particularly software innovations that elevated safety, sustainability, connectivity, and the overall user experience. Advancements in the field of EVs, autonomous driving, and software updates have revolutionised and enhanced the vehicle&s performance, and improved vehicle design, manufacturing, and operational services. The integration of advanced technologies like human-machine Interface has redefined user interaction, all accessible remotely.
This budget is especially significant for the enterprise and technology sectors, poised at the forefront of India&s economic growth. There is a keen anticipation for initiatives that could stimulate these sectors, focusing on the integration of cutting-edge technologies, attracting foreign investments, and bolstering digital skills. Additionally, the creation of job opportunities and industry-specific insights are highly awaited. These measures are vital for enhancing India&s business ecosystem, offering a glimpse into the strategic direction the budget is expected to take.
In 2023, a total of 15,30,326 electric vehicles were registered across segments in India, compared to 10,25,134 units in 2022, which translates to a growth of 49.28 percent.
Smaller players manufacturing electric two-wheelers (E2Ws) are unlikely to raise prices of their models initially in 2024 in order to ensure volumes do not drop. The prices of E2Ws range from Rs 90,000 to Rs 1 lakh, the players being Lohia Auto, Godawari Electric, Emobi, etc. Click here to follow our WhatsApp channel As India's E2W sector gears up to go past one million in 2024, manufacturers are likely to maintain price stability, underpinned by strategic independence from subsidies under Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles II (FAME II), localisation efforts, sustainability initiatives, and a focus on affordability. Godawari Electric Motors, which entered the market this year, exemplifies
Envision a world where transformative technologies intersect with sustainability, reshaping the very essence of manufacturing. As the industry sets its sights on automation, sustainability, and Industry 5.0, Emobi stands at the forefront, not just adapting but innovating in the face of imminent change. Let's delve into a riveting discussion where innovation meets sustainable evolution, and the future of manufacturing finds its visionary guide in Bharath Krishna Rao.
Emobi, a prominent Indian EV startup, is driving innovation in the electric vehicle sector by seamlessly integrating cutting-edge technologies like IoT, 3D printing, and AI. This forward-thinking approach not only enhances operational efficiency but also positions Emobi at the forefront of the EV industry's technological advancements. This article delves into how Emobi's embrace of innovative technologies is shaping the future of electric mobility.
Mumbai, The domestic electric vehicle (EV) market is at an inflection point and is poised for significant growth, with the potential to achieve over 40 per cent penetration by 2030 against 5 per cent currently, a report said on Thursday. The growth is expected to be driven by strong adoption (45 per cent-plus) in both two and three-wheeler categories while four-wheelers (cars) penetration is projected to grow to over 20 per cent, India Electric Vehicle Report 2023' by Bain and Company in collabo .. Read
Indian companies are accelerating their efforts to tap into the country's move towards electric vehicles, as the nation strives to bring down carbon emissions and reduce its dependence on imports of fossil fuels.
Bengaluru-based electric vehicle start-up Emobi Manufactury (Emobi) has announced a strategic partnership with Musashi Seimitsu (Musashi), and Honda Power Pack Energy India (HEID) for its electric scooters. The start-up has developed an electric two wheeler using Musashi's high-performance powertrain with Battery-as-a-Service provided through Honda Power Pack Energy battery swapping solutions.
Emobi has announced a strategic partnership with Musashi Seimitsu and Honda Power Pack Energy India (HEID). Designed to cater to the last-mile delivery and bike taxi services, the E2W competes with traditional 125CC internal combustion engine (ICE) vehicles in both performance and affordability, a significant milestone in India's journey towards a greener and more innovative transportation future.
The start-up has developed an electric two-wheeler using Musashi’s high-performance powertrain with Battery-as-a-Service provided through Honda Power Pack Energy battery swapping solutions.
Emobi has developed an E2W using Musashi’s high-performance powertrain with the battery swapping solutions provided through Honda Power Pack Energy India. The E2W is designed for performance, reliability and affordability, targeting a best-in-class vehicle for the last mile delivery / bike taxi segments, the company said.
Bengaluru-based electric vehicle start-up Emobi Manufactury (Emobi) has announced a strategic partnership with Musashi Seimitsu (Musashi), and Honda Power Pack Energy India (HEID) for its electric scooters. The start-up has developed an electric two wheeler using Musashi’s high-performance powertrain with Battery-as-a-Service
Emobi has developed an E2W using Musashi's high-performance powertrain with Battery-As-A-Service provided through HEID battery swapping solutions. The E2W is designed for performance, reliability and affordability, targeting a best-in-class vehicle towards last mile delivery / bike taxi segments, the company said.
The EV is claimed to be designed to be on par with 125cc equivalent ICE scooters, and is expected to be amongst the best-in-class for the target segment on performance, efficiency, and reliability.
According to it, electric scooter is designed for performance, reliability and affordability, targeting a best-in-class vehicle towards last-mile delivery and bike taxi segments. It is claimed to be designed to be on par with 125CC equivalent ICE scooters, and is expected to be amongst the best-in-class for the target segment on performance, efficiency, and reliability.