1. Ather Energy and Bharat Petroleum join hands.

Bharat Petroleum (BPCL) has joined hands with Ather Energy to install fast-chargers for electric two-wheelers at its petrol pumps. Ather will get access to BPCL’s network of petrol pumps via this tie-up, thus enabling the company to set-up EV chargers under the Ather Grid network.

Through this partnership with BPCL, Ather aims to expedite the expansion of the Ather Grid, to cater to the growing customer base of its electric scooters. In the first phase, Ather has installed 4 fast-chargers at Bharat Petroleum fuel stations in Delhi NCR. The company plans to install 100 chargers at BPCL petrol pumps by the end of 2023.

2. MG India partners with IONAGE.

MG India has partnered with unified EV charging platform IONAGE, to provide destination charging services. MG will use IONAGE’s e-mobility platform to give access of MG Charge Points to EV users. Through the IONAGE app, EV owners will be able to find EV charging stations, plan their trips and charge their EVs at these MG Charge facilities.

MG Charge is an initiative by MG India to encourage destinations like hotels, residential societies and corporate offices to install EV charging stations which can be accessed by EV owners within the premises and visitors. The partnership is officially underway with the inauguration of 10 destination charging stations at Lucknow, Trivandrum & Kochi.

3. Servotech announces new subsidiary.

Servotech Power Systems has announced the establishment of a new subsidiary ‘Techbec Green Energy’. This subsidiary will be involved in locally manufacturing key EV charger components at the company’s sprawling manufacturing unit in Sonipat, Haryana. Techbec Green Energy will focus on producing key EV charger components & lithium-ion batteries.

An initial investment of Rs 30 crores has been made to procure machinery, testing equipment and skilled manpower. In 2025, Servotech will invest Rs 300 crores in the subsidiary to achieve a prominent operational scale in the EV charging ecosystem.

The new subsidiary will focus on manufacturing EV charger components like power modules, CCS2 guns, Type-2 guns, connectors, control cards & PLC modem. It will also work on lithium-ion batteries.

Servotech Power Systems is a leading manufacturer & distributor of solar products, EV chargers, power-backup solutions and energy-efficient lighting solutions.

4. iGowise introduces revolutionary offering.

Bengaluru-based startup iGowise Mobility (iGo), has announced an initiative which has the capability to transform the electric vehicle industry. iGo has packaged its tech as a comprehensive offering for OEM enablement. This modular ‘mobility platform as a service' (M-PaaS) is aimed at enabling emerging OEMs in the electric mobility space. The iGo M-PaaS comes with a combo of proprietary tech, which includes ‘Narrow Tilting Twin Wheel’, ‘Active Balancing Assist’, ‘Self-Syncing Dual-Drive Powertrain’ and LMFP battery chemistry. This new platform will enable EV startups to accelerate product development cycle by 3 times, cultivating a ‘build your own brand’ (BYOB) approach.

Another feature of iGo's offering is a comprehensive framework for setting-up ‘off-the-shelf’ micro-factories, which standardizes EV manufacturing and considerably reduces entry barriers for EV start-ups. By making complex production processes simpler and reducing manufacturing set-up costs by up to 90%, iGo's way redefines the path for OEMs to bring new vehicles to the market swiftly and compete efficiently in the EV market. The company also claims that iGo's EV platform eliminates the need for dedicated charging infrastructure. Its advanced 3.5 kWh multilevel fire-resistant battery pack can be recharged within 3 hours at any standard 15 Amps home socket, thereby getting rid of the need of fast chargers and ensuring long life of the battery.

5. Tiago EV becomes India’s highest-selling electric car in Q2 2023.

Tata Tiago EV has outperformed its competitors and secured the top position in India’s electric car market. The electric hatchback came on top in passenger electric vehicle sales in Q2 2023. The Tiago EV recorded an impressive sales figure of 10,695 units, surpassing the Nexon EV by a significant margin. The Tiago EV also outperformed its newest competitor, the MG Comet EV, in a convincing manner.

The Tata Tiago EV is one of the most affordable electric car in the country. It was launched in September 2022 and its deliveries began earlier this year.

In Q2 2023 sales figures, the Tiago EV secured the no.1 position with 10,695 units, followed by its elder sibling, the Nexon EV with 5072 units. The 3rd spot went to another Tata Motors EV, the Tigor electric sedan with 3257 units. Mahindra XUV400 EV came 4th with 2234 units, while MG’s Comet EV and ZS EV came 5th and 6th with 1914 units and 1747 units respectively. Other names in the top 10 include the Citroen eC3, BYD Atto 3, Kia EV6 and Hyundai Kona EV.

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