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NITI Aayog bats for incentives for LNG-fuelled commercial vehicles – ET Auto

Baua Electric

NITI Aayog has proposed a host of fiscal and non-fiscal incentives, extension of the production linked incentive scheme to LNG-fueled vehicles and setting up a demand aggregator to encourage use of liquified natural gas (LNG) in medium and heavy commercial vehicles.

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Piaggio offers battery subscription model for Ape electric 3W at INR 2.59 lakh – ET Auto

Baua Electric

Piaggio Vehicles Pvt Ltd (PVPL),a subsidiary of the Piaggio Group and a leading Indian manufacturer of small commercial vehicles and electric three-wheeler (3EV) pioneers, has announced a “ Battery Subscription Model ” for its Ape Elektrik electric 3Ws. Customers can now purchase the Ape Elektrik for INR 2.59

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Banks quietly raise interest rates on car, personal loans – ET Auto

Baua Electric

Interest rates on some retail loans, excluding home loans, have started inching up, with several banks revising their marginal cost of lending rate ( MCLR ). There has been an increase in the cost of funds due to revision in deposit rates coupled with the tightness in the money markets. Representative image.

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Delhi to Gurugram in 7 minutes: InterGlobe to bring air taxis in 2026 – ET Auto

Baua Electric

The same 27-kilometre journey would take passengers 90 minutes at a cost of around Rs 1,500, as per InterGlobe ’s partner Archer Aviation. The plane, which will have six battery packs, will get fully charged in 30-40 minutes and one minute charge broadly translates to one minute of flight, its Chief Commercial Officer Nikhil Goel told PTI.

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Minus Zero, Ashok Leyland join hands for autonomous trucking solutions – ET Auto

Baua Electric

New Delhi: Autonomous driving technology startup Minus Zero has entered into an alliance with commercial vehicle maker Ashok Leyland for autonomous trucking solutions. “Ashok Leyland has been looking for ways to reduce the cost of logistics in India in line with the government’s National Logistics Policy.

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Ford and Newlab announce startups to pilot new EV tech in mobility innovation program

Green Car Congress

In its first year, the Mobility Studio will help the companies pilot the development of a range of transformative services and technologies to spur more widespread commercial adoption of electric vehicles. You can download Currently today for both iOS and Android.

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CV conversion from ICE to EV is pivot of Kalyani Group’s 4-pronged green growth strategy – ET Auto

Baua Electric

They plan to ramp up the Group’s three business verticals – electric motorcycles (Tork Motors), power electronics, and ICE to EV conversion of commercial vehicles, and to kick off a new traction drives business vertical. The company is targeting to electrify medium and heavy commercial vehicles, to begin with, in the tonnage segments of 7.5