As part of the MOU, Siemens Financial Services (SFS), the financing arm of Siemens AG, will consider a minority investment in OHM Global Mobility Private Ltd., the eMaas platform company to be formed as a subsidiary of Switch Mobility Automotive Ltd.

Flipkart has committed to 100 per cent electric mobility in its logistics fleet and will deploy more than 25,000 electric vehicles (EVs) by 2030.

With the electric vehicles business at an inflection point and poised to grow exponentially, this realignment will help in providing the requisite resources as well as the direction to realising targeted growth.

Electric mobility in India hgas already entered 2- and 3- wheeler space and is now gaining traction in the light and medium-duty commercial vehicles. Shawn Li, Vice President & General Manager Asia, BorgWarner PowerDrive Systems, in an interaction with Pushkar Oak, deliberates on the growth of commercial vehicles in e-mobility space and.

The company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035.

COGOS plans to bring in at least 30% of its revenue from green technologies by 2023 and this agreement paves the path to reach its sustainable goals.

This system based on 48V technology is an ideal solution to power the electrification needs of two (2W) and three wheelers (3W) that constitute the vast majority of motor vehicles in India.

With the government keen to unleash the EV movement in India, mild hybrid solutions with 48V architecture can be a promising alternative, says Sharath Tengse

According to Automotive Component Manufacturers Association of India (ACMA), believes that such a move will be detrimental for attracting future investments in Haryana