1. Hyundai reveals comprehensive EV plans for India.

Hyundai Group revealed its plans to launch more electric vehicles under the Hyundai and Kia brands in India. Hyundai India will introduce five new electric cars by 2032. The company will also expand its EV charging network to 439 by 2027. Kia India will start manufacturing smaller EVs from 2025 and will set-up an EV charging infrastructure. The company also aims to double its dealership network. Hyundai has already unveiled plans to invest $2.45 billion to increase EV production in the country.

2. Ather launches 3 new electric scooters.

Ather’s teasers on social media created a buzz regarding the launch of new electric scooters. One of these scooters was rumored to be a competitor to the Ola S1 Air. And now, the company has launched 3 electric scooters: the Ather 450S and two updated variants of the company's popular 450X.

The new 450S is positioned to compete in the 125 CC scooter market whereas the 450X is equivalent to 150 CC scooters. The 450S sports a 2.9 kWh battery which gives a range of 115 km and has a top speed of 90 km/hr. It features a non-touch 'DeepView' display instead of a touchscreen (as part of a cost-cutting measure). Prices start at Rs 1.29 lakh.

The 450X will now come in two variants: the 450X Core & 450X Pro. The Core will feature a 2.9 kWh battery and the Pro will have a 3.7 kWh battery, with ranges of 111 km and 150 km respectively. The Core is priced at Rs 1.38 lakh and the Pro at Rs 1.45 lakh. These variants come with newer features including regenerative coasting (which is claimed to improve range by 7%) and a new switchgear.

Ather had clocked impressive sales figures in July 2023, selling 7858 units, a brilliant 229% year-on-year increase. And compared to June 2023, the company witnessed a decent 21% month-on-month increase. Also, the company recently announced collaboration with Bharat Petroleum to strengthen its EV charging network. Leveraging BPCL’s widespread network of over 21,000 petrol pumps across the country, Ather plans to significantly expand its fast-charging Ather Grid network. And to meet the growing demand of its electric scooters, the company also plans to expand the capacity of its Hosur (Tamil Nadu) unit to 15 lakh units from the current 4.2 lakh units. The company is looking to raise funds by 2024 for the proposed expansion.

3. MG collaborates with Bangalore-based real estate company.

MG India has announced a collaboration with Bengaluru-based Prestige Group to set up 100 EV chargers across the company's properties in the city.

MG has also handed over its electric cars, the MG Comet EV and the MG ZS EV to the real estate company. These EVs will be used by Prestige Group employees for daily transportation.

4. Indore gets its first solar-powered EV charging station.

The Atal Indore City Transport Services Ltd (AICTSL) has introduced Madhya Pradesh’s first solar energy-powered public EV charging station. In order to encourage the use of EVs and help Indore become a ‘solar city’, AICTSL is working on solar-based EV charging stations. This new station is located near AICTSL’s office between Geeta Bhavan square & Shivaji Vatika square.

The recently inaugurated station can charge up to 6 EVs simultaneously. The chargers are compatible with electric two-wheelers, four-wheelers and electric autos. AICTSL has proposed a total of 47 EV charging stations across the city, with 37 being slow ones and 10 being fast-charging ones, as part of their drive to promote electric mobility. At present, the transport body operates 40 electric buses and 15 EV chargers that are located near Silicon City square, Hawa Bungalow square & Rajiv Gandhi square.

5. Tork Motors joins hands with HDFC Bank.

EV startup Tork Motors has joined hands with HDFC Bank to provide finance solutions for its customers at a rate of 9.5% for a period of up to 48 months. This collaboration will make Tork’s electric motorcycle 'Kratos-R' more accessible to buyers with EMIs as low as Rs 4999/month. As part of the collaboration, HDFC representatives will be available at Tork Motors showrooms to assist customers in-person.

Earlier this year at the 2023 Auto Expo, Tork Motors had re-introduced the Kratos-R with significant changes. The electric motorcycle now comes with a black-colored motor & battery, stylish decals and a fast-charging port.

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