Skip to content
Search

Latest Stories

Submit Guest Post

2020 - the year cars in India starts going electric

Though government of India has envisaged the deadline of year 2030 to go for all electric vehicles (EV), it the year 2020 which is going to the landmark when many of the automobile manufacturers operating in India will begin rolling out their pure electric models in the country, albeit in smaller numbers.

Japanese car makers Toyota and rival Suzuki on Friday announced their plans to launch their first electric car together by 2020.


Maruti-Suzuki, the Indian subsidiary of Suzuki Corporation is likely to benefit immensely out of it.

On the other hand luxury car makers including Audi, Mercedes, BMW, JLR are already working on bringing the EV in the Indian market by the 2020.

Even Sajjan Jindal's JSW Energy, is said to be toying with the idea of entering the EV segment and planning to come out with its first model in 2020.

The Mumbai head-quartered business group has even earmarked around Rs 3500 Crore  (35 billion) - 4000 Crore (40 billion) for expenditure over a period of next 3 years.

Nissan, another Japanese company is said to be planning a trial in India for its EV car Leaf which it expects to commercially launch by 2020.

At the same time, the company is also studying the introduction of e-power technology for Indian market. In this car, the petrol motor is used solely charge the vehicle's batteries, thus removing the anxiety of the passenger to search for a charging station.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

​Parminder Kohli

Parminder Kohli will take charge of the UK's investment promotion agency in October.

AMG

Shell executive Parminder Kohli to lead UK's Office for Investment

  • Parminder Kohli will become CEO of the Office for Investment on October 1.
  • He joins from Shell, where he currently serves as Chair of Shell UK.
  • The appointment comes as the government seeks to attract more investment and boost economic growth.

The UK government has appointed Parminder Kohli, a senior Shell executive with nearly three decades of industry experience, as the next Chief Executive Officer of the Office for Investment (OFI), placing a private-sector leader at the centre of its efforts to attract investment and drive economic growth.

Kohli, who currently serves as Chair of Shell UK and Executive Vice President for Sustainability and Carbon, will take up the role on October 1. His appointment comes as the Office for Investment enters a new phase focused on securing investment, supporting innovation and strengthening the UK's position as a destination for global capital.

Keep ReadingShow less