Auto players line up new EVs amid fresh government push

| Agencies | Mar 25, 2024, 05:18 IST

New Delhi: The Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by govt to encourage environment-friendly mobility solutions with the unveiling of a new policy.

Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are lining up new models to cater to demand across segments.

Mahindra & Mahindra CEO automotive sector Nalinikanth Gollagunta said that starting Jan 2025, the company will be rolling out five new battery electric vehicles in the coming years. "We expect 20-30% of our portfolio to be electric by 2027," he noted.

Maruti Suzuki India executive officer (corporate affairs) Rahul Bharti said the auto major is making serious investments in EVs. "We will start production of a high-spec EV designed-fresh as an EV with 550 km range in FY24-25 and will have about six EV models in the next 7-8 years," he said.

Hyundai Motor India COO Tarun Garg noted that as per multiple industry estimates, EVs are projected to contribute around 20% of India's automotive market by 2030. Hyundai plans to invest around Rs 26,000 crore over 10 years in Tamil Nadu. This investment will also include setting up a battery assembly plant in the state.

A Tata Motors spokesperson said that the company aims to have 10 EVs by 2026. The company plans to introduce four more EV models this year, including Curvv EV and Harrier EV.

Luxury carmakers are also gearing up to enhance their EV lineup. "We are invested in the market, having an aggressive product strategy with more than 12 new products planned for debut in 2024," a Merc India spokesperson said.agencies

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Top Comment

Jayeshkumar Panchal

242 days ago

Part-2. .According to the Laws of Motion, Acceleration can be Free, of the use of New Energy, Engine Power, and Fuel (or the Motor/Battery Power and Electricity for the EVs), if most of the Kinetic Energy is recovered while Braking and reused for the Next Acceleration, and the Velocity is Free (when the Air Drag low or is substantially reduced). Our Automobiles need only 1/2, 1/3, 1/4, or 1/5 of New Energy, Engine/Motor Power and Fuel for their Next Acceleration, by Recovering most of their Kinetic Energy while Braking and Reusing that same Energy (Stored in Transmission) for Powering the Next Acceleration!. ..just like how a simple Energy Mechanism in a pull-back Toy Car does it so beautifully! ..Trrrr (= Braking), ..Vroom (= Free Acceleration!).. .A Drastic Reduction in Energy, Fuel and Emission from Automobiles, or a lot of Battery Power, Electricity, Gas/Coal for EVs, is possible by getting rid of their Energy-Wasting Friction Brakes and using `Smart Transmission' that Recover most of their Kinetic Energy while Braking, and re-using that same Energy (Stored in Transmission) for powering the Next Acceleration!, ..just like how a simple Energy Mechanism in a pull-back Toy Car does it so beautifully! ..Trrrr (Braking), ..Vroom (Free Acceleration!).. .Governments and Policymakers should ask our Automakers to get rid of those Energy Wasting Friction Brakes from all Automobiles - Engine Driven, Hybrid, Hydrogen or Electric; for reducing the Air Pollution, Energy and Climate Crisis.. .Automobiles that use Engine and Fuel (including Hybrid Vehicles) should get rid of Energy Wasting Friction Brakes and use Mechanical Regenerative Brakes; to reduce the Air Pollution, Energy/Fuel as well as Heat, Carbon and NOx Emission from all Automobiles.. .Electric Vehicles should use Mechanical Regenerative Brakes (Energy Storage Mechanism like in a pull-back Toy Car), for Braking and a Battery Free Acceleration, and use the Motor and Battery Power only for Cruising after the initial acceleration (which would be Powered by Energy Recovered and Stored in the Transmission while Braking previously). Now Smaller Motors means smaller Batteries and Lower Cost of Batteries and EVs, as well as less charging time!. . .Hydrogen Vehicles could get rid of Energy Wasting Friction Brakes and use Mechanical Regenerative Brakes; to minimize the Size and Power of the Motor and Fuel-Cell, as well as the Size of the Hydrogen Tank for a given range.

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