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South Korean auto major <keyword id="20190176" type="General" weightage="20" keywordseo="hyundai-motor" source="keywords">Hyundai Motor</keyword> Group on Thursday said it is looking to expand the annual production capacity across <keyword id="19906087" type="General" weightage="20" keywordseo="Hyundai" source="keywords">Hyundai</keyword> and <keyword id="19997865" type="General" weightage="20" keywordseo="Kia" source="keywords">Kia</keyword> brands in India to 15 lakh units per year, as part of its mid-to-long-term strategy in the country. Outlining the company's strategy for the India market, Hyundai Motor Group (HMG) Executive Chair Euisun Chung said the automaker plans to roll out more <keyword id="19962337" type="General" weightage="20" keywordseo="EVs" source="keywords">EVs</keyword>, while also utilising the country as an export hub for the neighbouring countries. Chung visited India on April 23 to review the group's mid-to-long-term strategies to solidify its position as a leading mobility provider. Hyundai Motor Group is expanding its manufacturing footprint in the Indian region with the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined, the automaker stated. Hyundai Motor India will start operating its Pune plant, acquired from General Motors last year, in the second half of the next year. Hyundai Motor is currently making improvements to the facility to create a production hub capable of building more than 200,000 units annually, it said. With the addition of the Chennai plant's production capacity of 824,000 units, Hyundai Motor will have an annual production capacity of over one million units when combined with the Pune plant, it added. Besides, Kia India's yearly production capacity will also be expanded to 431,000 units within the first half of this year. "Combined together, Hyundai Motor Group will have the ability to produce approximately 1.5 million units annually in India," HMG said. The group also plans to expand its EV lineup and create an EV ecosystem to accelerate customer uptake and expand charging infrastructure. It will also strengthen its SUV sales leadership in India, HMG said. Hyundai Motor India plans to unveil its first locally produced EV in India next year, it said. Starting with the mass production of its first <keyword id="21425421" type="General" weightage="20" keywordseo="electric-SUV-model" source="keywords">electric SUV model</keyword> at the Chennai plant at the end of 2024, the company plans to further produce five EV models by 2030, it added. Hyundai Motor India will also utilize its sales network hubs, expanding the number of EV charging stations to 485 by 2030, HMG said. Kia India will also start production of its local EV model in 2025 and plans to further expand its EV models, it added. The company will also focus on building EV charging infrastructure, it stated. "India is among the fastest-growing economies globally, and as this growth continues the strategic importance of Hyundai Motor India will only increase," Chung said while addressing employees in a town hall meeting. He further said, "by leveraging our strong reputation and competitive quality in India, we aim to expand exports to neighbouring countries, making India the global export hub to boost our regional market competitiveness." Chung said that by around 2030, the automaker expects to see a substantial expansion in the EV market in India. "In anticipation of this evolution, Hyundai is focused on developing locally tailored EVs aimed at establishing us as a leading global EV brand," he added. "We also plan to proactively build charging stations at strategic locations 'including dealerships' to facilitate the adoption of EVs," Chung said. Hyundai Motor India sells models like Creta, Verna while Kia India sells models like Seltos, Carens and Sonet in the country. SEE ALSO:<a href="https://www.businessinsider.in/tech/news/jiocinema-introduces-new-ad-free-premium-plans-starting-at-29/articleshow/109581033.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/jiocinema-introduces-new-ad-free-premium-plans-starting-at-29/articleshow/109581033.cms" target="_blank">An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema</a><a href="https://www.businessinsider.in/tech/mobile/news/realme-narzo-70-narzo-70x-5g-smartphones-launched-in-india-starting-at-11999/articleshow/109557895.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/realme-narzo-70-narzo-70x-5g-smartphones-launched-in-india-starting-at-11999/articleshow/109557895.cms" target="_blank">Realme Narzo 70, Narzo 70X 5G smartphones launched in India starting at ₹11,999</a><a href="https://www.businessinsider.in/tech/news/apple-let-loose-event-scheduled-for-may-7-ipads-expected-to-be-launched/articleshow/109553148.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/apple-let-loose-event-scheduled-for-may-7-ipads-expected-to-be-launched/articleshow/109553148.cms" target="_blank">Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched</a>

Hyundai plans to scale up production capacity, introduce more EVs in India

<ul class="summary-list"><li>GM's new EV charging hubs look exactly like gas stations.</li><li>The joint venture with EVgo will produce 400 new charging stalls nationwide.</li></ul>GM Energy and EVgo are deploying a new network of fast-charging hubs designed to fit in on the <a target="_blank" class="" href="https://www.businessinsider.com/ev-charging-needs-to-improve-amenities-offerings-stores-2024-6">classic American road trip</a>.Several large hubs of roughly 20 fast chargers each are being installed in major metropolitan areas in Arizona, California, Florida, Georgia, Michigan, New York, and Texas, for a total of 400 new charging stalls.These pull-through stalls will be protected by a lit canopy and built near retail locations and convenience stores with bathrooms and <a target="_blank" class="" href="https://www.businessinsider.com/ev-electric-car-charging-station-need-better-amenities-bathrooms-food-2023-8">other amenities</a>, according to GM Energy Vice President Wade Sheffer.If all of that sounds familiar, that's the idea. You might not even clock one of these<a target="_blank" class="" href="https://www.businessinsider.com/gm-rivals-tesla-enabling-americans-energy-storage-evs-power-home-2022-10"> GM Energy</a>-EVgo hubs from the road as anything other than another gas station."If you're going on a longer trip — maybe you're out doing some shopping or thighs of that nature — we're offering ease, comfort, and reduction of that anxiety," Sheffer said in an interview with Business Insider. "You see it, you know it, you understand it."The first GM-EVgo flagship charging station is expected to open in 2025, the companies said in their Thursday announcement. This new project builds on the existing relationship between GM and the charging company, which has already resulted in more than <a target="_blank" class="" href="https://www.evgo.com/press-release/evgo-and-general-motors-open-1-000th-dc-fast-charging-stall-as-part-of-metropolitan-charging-collaboration/">1,000 fast-charging stalls</a> nationwide.<h2 id="4b153d4a-4628-4f70-8054-e3b604684075">Solving the charging problem</h2>Charging outside the home has long been a pain point for EV drivers. There simply aren't enough places to plug in when you're far from home, which can lead to the <a target="_blank" class="" href="https://www.businessinsider.com/ev-charging-range-improving-americans-still-dont-want-electric-cars-2024-9">dreaded range anxiety</a>.Efforts to patch holes in US charging infrastructure have resulted in a proliferation of plugs in the last several years. Since 2020, the number of charging stations in the US has more than doubled, and the Biden Administration has set aside $7.5 billion to fund 500,000 new EV charging stations by 2030.But the very existence of a plug only solves about half of the problem.Stalls are often tucked away in inconvenient places, many are not well-maintained, and the speed of charging fluctuates based on external factors like weather and battery technology.In fact, the charging experience has become so bad that some EV drivers are even considering <a target="_blank" class="" href="https://www.businessinsider.com/ev-charging-is-so-bad-its-driving-owners-back-to-gas-2024-6">returning to gas-powered cars</a>.Early adopters in the EV segment were more willing to endure the charging challenges, but a new crop of more <a target="_blank" class="" href="https://www.businessinsider.com/electric-vehicle-misconceptions-about-the-ev-transition-market-sales-2024-5">practical electric car shoppers</a> will be less patient. These drivers are looking for a charging experience that more closely mirrors a stop at the gas station.The idea is to give EV drivers a safe and easy "charging in the wild" experience, Sheffer said."We're taking every opportunity to provide to our customers the most convenient, the safest and most simplistic way to all-in on the EV lifestyle," Sheffer said.

GM's new EV charging hubs look exactly like gas stations 

<ul class="summary-list"><li>Mercedes-Benz is installing fast EV charging stations at 100 <a target="_blank" class="" href="https://www.businessinsider.com/starbucks-history-timeline-50-years-in-photos-coffee-drive-thrus-2021-3">Starbucks</a> locations across the nation.</li><li>The partnership will help reduce range anxiety and could drive more Starbucks sales.</li></ul>Mercedes-Benz is bringing its fast electric-vehicle charging stations to 100 Starbucks locations. The move is a win for both EV owners and Starbucks, which is likely hoping to persuade drivers to stop in for a coffee or bite to eat while they charge up.The new 400 kW stations — with fast-charging capabilities that can juice up compatible EVs to about 80% in about 30 minutes — are set to be <a target="_blank" class="" href="https://www.prnewswire.com/news-releases/mercedes-benz-high-power-charging-and-starbucks-team-up-to-launch-an-elevated-ev-charging-experience-across-america-302199243.html">installed</a> in stores around the nation, including across Interstate 5, a critical West Coast route from Canada to Mexico. The charging stations will be accessible to all EV owners.The new charging stations will help reduce <a target="_blank" href="https://www.businessinsider.com/drove-electric-rv-from-london-paris-serious-range-anxiety-2023-6">"range anxiety" among EV owners</a>, giving them an easily accessible and well-known place to stop when their batteries run low.Range anxiety is the worry that an EV will run out of charge on a trip. Owners of gas-powered vehicles don't have to worry about this issue because they're usually near a gas station. But for EVs, it's a major roadblock to widespread adoption. In <a target="_blank" class="" href="https://www.businessinsider.com/ev-charging-is-so-bad-its-driving-owners-back-to-gas-2024-6#:~:text=A%20recent%20consumer%20study%20conducted,to%20an%20internal%2Dcombustion%20engine.">a June McKinsey survey, 46%</a> of US EV owners polled said they were likely to switch back to a gas-powered vehicle, citing range anxiety as a major issue.It's worth noting that <a target="_blank" class="" href="https://www.businessinsider.com/electric-vehicle-range-ev-charging-station-infrastructure-issues-2024-5">EV companies have come a long way</a> — fully battery-powered cars used to be able to drive only about 100 miles on a full charge in ideal weather conditions. Today, that number has just about tripled.However, <a target="_blank" href="https://www.businessinsider.com/electric-car-ev-sales-prices-problem-transportation-2024-1#:~:text=Sure%2C%20sales%20of%20EVs%20keep,hit%20the%20government's%20sales%20targets.">inconsistent charging hubs still present a significant hurdle</a> in wide-scale EV adoption, especially for drivers who embark on road trips or travel through remote areas. Lawmakers have tried to bridge the gap with EV tax breaks.And given the industrywide effort to increase charging accessibility, it isn't uncommon for EV makers to partner with other companies to create charging hubs.Mercedes-Benz previously partnered with Buc-ee's and Simon Property to install its high-power charging hubs across the US. A spokesperson for the company told Business Insider it focused on regions where EV drivers were already prevalent to accelerate adoption. It also aims to cover gaps in charging coverage, like on popular travel routes, the spokesperson added.They said it planned to expand to other locations, with a goal to eliminate the guesswork for the driver and create a seamless charging experience.While EV chargers won't affect Starbucks' ambitions to reduce its carbon emissions by 50% by 2030, the partnership enhances Starbucks' sustainability efforts and could help it combat a recent decline in comparable North American sales, <a target="_blank" class="" href="https://www.businessinsider.com/amazon-starbucks-earnings-how-cautious-us-consumers-spending-sales-decline-2024-5">which dropped 3% in the second quarter</a>.A company spokesperson told BI that by 2030, it hoped to lead the retail industry in decarbonization solutions. The spokesperson said that expanding EV networks was "good for business and good for our planet.""Partnering with Mercedes is the next step in expanding our EV charging network so our customers can refuel sustainably while they enjoy Starbucks," Michael Kobori, Starbucks' chief sustainability officer, said in the joint statement.Starbucks also partnered with Volvo in 2022 to place charging stations at 15 Starbucks stores in a 1,350-mile span from Denver to Seattle. The company said in its announcement it had 1,000 company-operated and licensed stores with nearby access to EV charging.The Starbucks spokesperson told BI that the company was not paying for the installation costs but would provide the space for stalls and other equipment. The number of chargers available at each Starbucks store will vary, but there should be a minimum of four at each location, the spokesperson added.The spokesperson said the coffee giant was continuing to learn how its customers interact with EV stations and exploring partnerships and areas that would benefit from similar routes.Mercedes-Benz opened its first high-power-charging site in November as part of an initial $1 billion investment to construct "the most desirable charging network." Since then, it's opened a dozen locations with 400 kW chargers across the country and plans to expand to half the US in the next 18 months.

Starbucks could give a much-needed jolt to the EV market

<ul class="summary-list"><li>Uber unveiled a series of new sustainability measures on Thursday.</li><li>They include giving drivers in-app guidance on when and where they can charge their EVs.</li></ul>Uber unveiled a series of new sustainability measures at a <a href="https://www.uber.com/newsroom/go-get-zero/">product launch in London</a> on Thursday.The company said it will start giving drivers guidance on when and where they should charge their electric vehicles, offering passengers discounts for EV journeys to and from airports, and getting restaurants on Uber Eats to switch to sustainable packaging.Uber wants to make it "absolutely effortless" for drivers and riders to go green, CEO Dara Khosrowshahi said, adding that "everyone should be able to live a low emissions lifestyle. Driving emissions to zero I believe is the defining challenge of our generation."<h2>EV 'charging anxiety' </h2>Key to Uber's sustainability push is whether it can persuade more drivers to buy or rent EVs.One of the biggest problems Uber has with conversion to EVs is that drivers are apprehensive about both the high initial costs and the so-called "charging anxiety," Sachin Kansal, Uber's VP of product management, said.Drivers' concerns include having to find chargers and wait in line to use them, canceling or aborting a ride partway through because of a lack of charge, and missing out on business while their vehicle is plugged in.To combat this, Uber introduced an EV hub on its driver app with information about charging, models, and prices, while it also started hosting events where drivers could test EVs, Kansel said.The app also allows drivers to search for nearby EV chargers and get information about prices, wattage, and availability.<div type="image" title="Drivers will be able to use the app to find nearby EV chargers and fuel-efficient routes." height="3000" width="3000" msid="100900844" hostid="261" sizebytes="173876"></div>New updates will also allow drivers to connect their Uber app to their car, giving them real-time recommendations for when to plan their charging break based on their charge, expected ride demand, and charging prices, which fluctuate throughout the day, Kansal said.Uber will also roll out so-called "battery-aware matching," which only shows drivers trips they can do with their current level of charge — meaning they don't have to cancel rides to plug their vehicles in, Kansal added.Uber is also offering financial motives to drivers if they switch to EVs, Kansal went on. In the US and Canada, a limited-time deal offers drivers an <a href="https://www.uber.com/us/en/drive/services/electric/">extra $1 per journey</a> completed in an EV.<h2 dir="ltr">Rider-emissions statistics, carsharing, and sustainable-food packaging</h2>It's not just drivers that Uber is trying to incentivize to go green. It's encouraging passengers to pick EVs, too.Divya Dalapathi, Uber's director of project management for maps and autonomous, said that Uber was introducing a "green curb" feature at airports, including Portland International and Phoenix Sky Harbor. This would let riders who opt for EVs get lower fairs and be picked up and dropped off at dedicated pickup zones.Drivers, meanwhile, will have access to discounted or even free charging in the waiting lot. Dalapathi said that trips to and from airports accounted for 15% of Uber's business and were generally longer.Customers will also be able to view statistics on the app that show the emissions they avoided by riding in an EV.<div type="image" title="Customers will able to search for restaurants on Uber Eats that use sustainable packaging and see the emissions they have avoided by opting for EVs on Uber. The company is expanding its micromobility schemes, too." height="1800" width="3000" msid="100900845" hostid="261" sizebytes="162336"></div>Dalapathi added that Uber introduced a new algorithm last year that found more eco-friendly routes for drivers by avoiding hills and traffic lights whenever possible — without charging riders more or making the journey longer.Uber also announced expansions to UberX Share, Uber Green, and its Tembici bike-rental program. The company is also starting its first car-sharing service, Uber Carshare, in Boston and Toronto, after <a href="https://www.uber.com/en-AU/newsroom/carnextdoor/">acquiring Australian app Car Next Door last year</a>.Khosrowshahi also unveiled two new sustainability goals for Uber Eats: to have all couriers on the platform drive zero-emission vehicles by 2040 and to have all restaurants use sustainable packaging by 2030. Customers will be able to filter for restaurants that use sustainable packaging on the app.Khosrowshahi added that Uber chose London for the launch because it's Uber's EV hub. Of the more than 60,000 Uber drivers using EVs across Europe and North America, over 10,000 were in London, he said.Thursday's announcements build on Uber's <a href="https://www.uber.com/gb/en/about/sustainability/">commitment</a> to <a href="https://www.uber.com/en-GB/newsroom/the-next-phase-of-ubers-clean-air-plan-in-london/">become fully electric in London by 2025</a>, in Europe and North America by 2030, and globally by 2040.

Dara Khosrowshahi says Uber wants to make it 'absolutely effortless' for drivers – and passengers – to go green

<ul class="summary-list"><li>Tesla rival Lucid Motors is helping Saudi Arabia to go electric in its carmaking push, per the FT.</li><li>The oil-rich kingdom plans to invest billions into becoming a hub for EV manufacturers such as Lucid.</li></ul>Saudi Arabia is tapping Tesla rival Lucid Motors to help it become a hub for making electric cars, part of the energy-rich kingdom's ambitious plan to be less reliant on its oil income.US-based Lucid has signed up to build 150,000 cars a year in Saudi Arabia by 2025, <a href="https://www.ft.com/content/30d7f721-94e7-41d5-9d5b-a3ba85b93373" target="_blank" rel="noopener">the Financial Times</a> reported at the weekend. That makes up a big chunk of the production it wants the hub to reach within the next seven years.The kingdom is pouring dollars into the effort, overseen by its $600 billion Public Investment Fund. The sovereign wealth fund has already spent about $2 billion picking up a majority stake in Lucid, per the FT.Saudi Arabia's mission to become an EV manufacturing powerhouse is part of its ambitious plan to become less reliant on oil income, its main source of revenue.It has reaped hefty profits from its oil sales over the past year on the back of Russia's war with Ukraine, which sent crude prices soaring in 2022. Its state-owned oil company Saudi Aramco posted a <a href="https://markets.businessinsider.com/news/commodities/saudi-aramco-profits-soar-39-42-billion-oil-prices-2022-11" target="_blank" rel="noopener">39% jump in profit</a> in November, thanks to that price surge.Tapping into the EV industry is also a way to create new jobs and skills in the economy, as Saudi Arabia seeks to capitalise on the expected growth in the sector thanks in part to climate change initiatives.Lucid's factories will be based in the King Abdullah Economic City, which will act as the heart of the supply chain — the main focus of the EV startup's efforts.Lucid's stock has been crushing it lately, largely in part due to rumors of full takeover by Saudi Arabia's PIF, which already owns over 60% of the automaker. <a href="https://markets.businessinsider.com/news/stocks/lucid-motors-stock-market-outlook-price-rally-tesla-elon-musk-2023-2" target="_blank" rel="noopener">That helped it beat rival carmaker Tesla</a> to become the best-performing stock on the Nasdaq Composite last week.

Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

<ul><li><keyword id="6602160" type="General" weightage="80" keywordseo="ola-electric-mobility" source="Orion">Ola Electric Mobility</keyword> Private Ltd. has signed a MoU with the <keyword id="20154" type="General" weightage="80" keywordseo="tamil-nadu" source="Orion">Tamil Nadu</keyword> government to invest ₹7,614 crore.</li><li>According to the Tamil Nadu government, Ola Electric Mobility's group companies -- <keyword id="16569311" type="General" weightage="50" keywordseo="ola-cell-technologies-private-ltd" source="Orion">Ola Cell Technologies Private Ltd</keyword> and <keyword id="16569310" type="General" weightage="50" keywordseo="ola-electric-technologies-private-ltd" source="Orion">Ola Electric Technologies Private Ltd</keyword> -- will set up the lithium ion cell plant and EV car plant respectively.</li></ul>Chennai, Electric vehicle (EV) player Ola Electric Mobility Private Ltd. has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest ₹7,614 crore to make EV cars and lithium ion cells in the state. According to the Tamil Nadu government, Ola Electric Mobility's group companies -- Ola Cell Technologies Private Ltd and <keyword id="16569309" type="General" weightage="80" keywordseo="ola-electric-technologies" source="Orion">Ola Electric Technologies</keyword> Private Ltd -- will set up the lithium ion cell plant and EV car plant respectively. The Ola Electric Technologies will invest Rs 5,114 crore for making lithium cells and Ola Electric Technologies will invest Rs 2,500 crore for the car plant, the state government said. The two plants will come up in Krishnagiri district. Several days ago, the Tamil Nadu government unveiled its new EV industry policy. "Ola will set up the world's largest EV hub with integrated 2W, car and lithium cell Gigafactories in Tamil Nadu. Signed MoU with Tamil Nadu today. Thanks to Hon.CM@mkstalin for the support and partnership of the TN govt! Accelerating India's transition to full electric!" Bhavish Aggarwal, Co-Founder tweeted. SEE ALSO: <a href="https://www.businessinsider.in/science/news/china-clones-three-super-cows-to-produce-milk-by-the-gallons/articleshow/97570773.cms">Holy Cow! China clones three 'Super Cows' to produce milk by the gallons</a> <a href="https://www.businessinsider.in/tech/mobile/news/new-patent-suggests-that-apple-could-bring-a-foldable-iphone-with-a-self-healing-display-in-the-future/articleshow/97302738.cms">New patent suggests that Apple could bring a foldable iPhone with a self-healing display in the future</a>

Ola group to invest ₹7,614 cr in TN for lithium ion cell, EV cars

<ul class="summary-list"><li>Electric-vehicle drivers on road trips often don't have much to do while their cars charge.</li><li>Building charging hubs around attractions and amenities could improve the experience.</li></ul>There's a missed opportunity at most <a target="_blank" href="https://www.businessinsider.com/ev-charging-stations-explained-levels-plugs-tesla-supercharger-2022-12">electric-vehicle charging stations</a>.As <a target="_blank" href="https://www.businessinsider.com/electric-vehicle-misconceptions-about-the-ev-transition-market-sales-2024-5">sales of battery-electric vehicles</a> have increased in recent years, the automotive industry and federal and state governments have been racing to install more charging stations. But building a place to plug in is only the first step in changing the way people fuel their cars.While the automotive industry has done a lot to reduce the amount of time you need to spend plugging in your car on a road trip, <a target="_blank" href="https://www.businessinsider.com/meet-dozens-of-startups-leading-the-electric-car-charging-market-2022-2">EV charging stops</a> may never match the convenience of five-minute stops to fill your gas tank.Charging stations themselves are also difficult to make money with. A solution: EV charging hubs decked out with restaurants, entertainment, shopping, and anything else that can occupy the hour or two you may need to get a full battery.That's much like how a gas station works. An ancillary business built around a charging hub could fund the owner's bottom line more reliably than the fuel itself.<h2 id="36894d1c-0ea2-4d64-a338-99862d82c945">EVs need rest stops</h2>We're not exactly reinventing the wheel here.Many turnpikes and highways in the US have rest stops or travel centers with amenities that allow drivers to stay longer on the road when they need to stretch their legs. These rest stops are usually funded by tolls or other government-backed funding, which is a more complicated issue for EV charging.Without any clear guidelines, there hasn't been much uniformity in what a charging station can — or should — look like, leading to a Wild West of different designs and locations. Without a clear way forward, there hasn't been much uniformity in what a charging station can look like.<a target="_blank" href="https://www.pewresearch.org/data-labs/2024/05/23/electric-vehicle-charging-infrastructure-in-the-u-s/">Figures from the Department of Energy</a> indicate that at the start of 2024, there were some 61,000 public charging stations in the US, more than double the number of stations in 2020. But many of these stations are tucked away on dealership lots or in otherwise empty parking lots.These stations appear to affect EV adoption. Surveys have suggested that <a target="_blank" href="https://www.businessinsider.com/charging-logistics-top-barrier-to-electric-car-adoption-survey-2022-7">access to public charging infrastructure increases adoption</a>.But they've also suggested that <a target="_blank" href="https://www.businessinsider.com/ev-electric-car-charging-station-need-better-amenities-bathrooms-food-2023-8">EV drivers are unsatisfied</a> with the charging experience.<h2 id="368f20ca-faec-4d34-afb7-022fdf893bc2">EV charging stations need an overhaul</h2>Tesla is experimenting with what a longer charging stop could look like.<a target="_blank" href="https://www.teslarati.com/tesla-supercharger-diner-permit-approved/">Construction is underway</a> in Hollywood on a Supercharger station that would double as a 24-hour restaurant and drive-in movie theater.CEO Elon Musk floated the idea of a destination station like this <a target="_blank" href="https://x.com/elonmusk/status/949831212326993920?lang=en">in 2018</a>, saying he wanted to build an "old school drive-in" at a Supercharger location in Los Angeles. In January, <a target="_blank" href="https://www.nbclosangeles.com/news/local/tesla-hollywood-supercharging-station-ith-24-hour-diner-restaurant-movie-screens/3312626/">an NBC affiliate in Los Angeles reported</a>, citing city documents, that the screens would project short films that occupy the roughly 30 minutes required to charge a Tesla.The <a target="_blank" href="https://www.businessinsider.com/teslas-supercharger-changes-hurt-wider-ev-industry-2024-5">Supercharger station</a> is also supposed to be an attraction of its own, designed to look like a 1950s drive-in and diner — a kitschy stop on a Hollywood road trip.The design of these charging stations shouldn't just mimic convenience stores and quick-stop establishments. Charging can take a half hour to several hours, depending on the car and the <a target="_blank" href="https://www.businessinsider.com/ev-charging-stations-explained-levels-plugs-tesla-supercharger-2022-12">type of charger</a>. That's plenty of time to browse a gift shop, grab a bite to eat, or wander around a roadside attraction.

EV chargers are too boring — and it's holding us back from electrifying the classic American road trip

<ul class="summary-list"><li>Honda has unveiled the N-VAN e, a tiny electric truck costing from $15,500.</li><li>The diminutive truck is targeted at delivery companies and goes on sale in Japan in October.</li></ul>Japan is famous for its <a target="_blank" href="https://www.businessinsider.com/tiny-evs-byd-seagull-cars-transport-china-us-2024-5">tiny vehicles</a>, known as <a target="_blank" href="https://www.businessinsider.com/japans-best-selling-ev-nissan-sakura-car-drivers-review-photos-2023-11">Kei cars</a>, which are well suited for navigating the narrow streets of crowded cities like Tokyo.The country's best-selling electric vehicle last year was the Nissan Sakura, <a target="_blank" href="https://www.businessinsider.com/nissan-sakura-tiny-car-is-japans-best-selling-ev-2023-10">a $13,000 electric Kei car</a> that outsold EV giants like Tesla, according to data from auto industry groups compiled by <a target="_blank" href="https://www.bloomberg.com/news/articles/2023-10-23/the-top-selling-ev-in-japan-isn-t-a-tesla-but-a-13-000-kei-car">Bloomberg</a>.Now, Honda is getting into the tiny EV game. The Japanese automaker has <a target="_blank" href="https://global.honda/en/newsroom/news/2024/4240613eng-n-van-e.html">unveiled the N-VAN e</a>, a miniature electric truck that starts at 2.44 million yen ($15,500).<div type="image" title="Honda N-VAN e" height="1414" width="2211" msid="111001143" hostid="261"></div>It comes as Japan lags behind the rest of the world in transitioning to EVs. Just <a target="_blank" href="https://asia.nikkei.com/Business/Automobiles/Japan-EV-sales-hit-record-high-in-2023-but-with-slow-growth">2.2% of new passenger cars</a> sold in Japan in 2023 were electric, according to data from industry bodies, compared to 25% in EV pace-setter China, per <a target="_blank" href="https://asia.nikkei.com/Business/Automobiles/Japan-EV-sales-hit-record-high-in-2023-but-with-slow-growth">Nikkei</a>.Honda's electric truck will be targeted at delivery and construction companies rather than ordinary consumers. The company is already <a target="_blank" href="https://global.honda/en/newsroom/news/2023/p231019beng.html">trialing</a> the pocket-sized truck with logistic firm Yamato.The EV will have a range of 152 miles and will be able to charge in 30 minutes with fast charging, Honda says.<div type="image" title="Honda N-VAN e" height="1127" width="2254" msid="111001148" hostid="261"></div>Honda has also attempted to solve the <a target="_blank" href="https://www.businessinsider.com/why-ev-batteries-drain-faster-dont-last-long-cold-weather-2023-8">issues EVs have in hot and cold temperatures</a>, installing <a target="_blank" href="https://www.honda.co.jp/N-VAN-e/webcatalog/performance/#ecology">a battery cooling and heating system</a> to ensure it remains at a stable temperature.The company says the N-VAN e will also function as a mobile power storage device, with drivers able to use the truck's external power outlet to charge household appliances such as hot plates and electric kettles.<div type="image" title="Honda N-VAN e" height="1068" width="2136" msid="111001147" hostid="261"></div>The N-Van can seat between one and four people, depending on which style the buyer selects; each option varies in price. The truck is expected to launch in Japan in October.Separately, Honda announced it would establish a new company in partnership with <a target="_blank" href="https://global.honda/en/newsroom/news/2024/c240613aeng.html">fellow Japanese manufacturer Mitsubishi</a>.The new joint venture, Altna, will aim to lower the cost of electric vehicles and extend the lifetime of EV batteries.<div type="image" title="Honda N-VAN e" height="1361" width="2137" msid="111001144" hostid="261"></div>Like other Japanese automakers, Honda was slow to get into the EV game.However, it is now racing to electrify, investing<a target="_blank" href="https://www.cnbc.com/2024/04/25/honda-to-build-11-billion-electric-vehicle-hub-in-canada.html"> $11 billion in a Canadian EV hub</a> and pledging to have <a target="_blank" href="https://global.honda/en/sustainability/cq_img/report/pdf/2022/Honda-SR-2022-en-016-018.pdf">80% of its vehicle lineup be EVs by 2035 and 100% by 2040</a>.

Japan can't get enough of tiny vehicles. Here's Honda's latest: a $15,500 miniature EV truck.

New Delhi, <keyword id="4393078" type="General" weightage="20" keywordseo="Ola-Electric" source="Orion">Ola Electric</keyword> on Thursday said it has raised Rs 3,200 crore from Temasek-led investors and State Bank of India. The company announced the successful closure of the funding round from Temasek-led investors and State Bank of India. The funds raised would be utilised towards expansion of <keyword id="6354720" type="General" weightage="20" keywordseo="Ola" source="Orion">Ola</keyword>'s EV business and setting up India's first lithium-ion cell manufacturing facility at Krishnagiri, Tamil Nadu, the company said in a statement. The Bengaluru-based firm aims to accelerate its growth by ramping up its two-wheeler manufacturing capacity, launching electric motorcycles followed by electric cars and fast-tracking the construction of gigafactory, it added. "At Ola, our vision is to end ICE (internal combustion engine) age in automobiles and our upcoming gigafactory will be a big leap in India's journey towards becoming a global EV hub. We are committed towards developing core technologies in EVs and cell and are rapidly scaling up manufacturing to further accelerate the transition to sustainable mobility," Ola Electric Founder &amp; CEO Bhavish Aggarwal said. Ola Electric was selected by the government under its ambitious cell PLI scheme, receiving a maximum capacity of 20 GWh.

Ola Electric raises Rs 3,200 cr to fund EV business

New Delhi: <keyword id="21530712" type="General" weightage="100" keywordseo="Ola-Founder-Bhavish-Aggarwal" source="keywords">Ola Founder Bhavish Aggarwal</keyword> is placing bold bets on new-age technologies with a view for <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> to be at the forefront of the current global <keyword id="22912054" type="General" weightage="20" keywordseo="tech-transition" source="keywords">tech transition</keyword> led by AI, and build <keyword id="22912488" type="General" weightage="20" keywordseo="jobs-of-the-future" source="keywords">jobs of the future</keyword> in the country. In an interaction with PTI editors at the agency's headquarters here, he said the private sector has to do the bulk of job creation, step up and do more, while creating an enabling environment and correcting imbalances, such as that of trade, are the responsibility of the government. Aggarwal also supported the government's move to offer fiscal incentives to global EV makers, including Tesla, through the new EV policy saying it is important for India to attract all kinds of investment, and globally established players will help in the development of the EV ecosystem in the country. The group's newly-listed entity <keyword id="19945904" type="General" weightage="20" keywordseo="Ola" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola" meta.hostid="83" meta.entityid="Ola">Ola</keyword> Electric aims to make India a global electric vehicle (EV) hub but the country has to invent an EV and energy transition paradigm for itself based on its needs as the world cannot achieve a sustainable future without India, he added. "There is a global technology transition happening and AI is a very important technology of the future, and we in India need to lead this journey. If you look at the current state, I think we are still adopters of somebody else's technology paradigms, especially in the digital world," Aggarwal said, explaining why the Ola group had set up AI start-up Krutrim last year. One of the things in Krutrim is to build AI models on Indian data, which is more attuned to Indian use cases, Indian paradigms, he said, adding, "We are making our own AI, on our own cloud, on our own chip." Despite India producing 20 per cent of the world's digital data at present, he lamented that the country does not fully own the data, as 80 per cent are stored outside, which are then processed into AI and "brought back into India and sold to us in dollars". When asked about concerns over AI leading to job losses, he allayed the apprehension saying that the IT boom created jobs in India when people feared that computers would take away jobs, and AI is a similar tool. "AI is not going to replace anyone. Maybe that future is a few decades away... We don't need to get anxious about that future right now. We need to, as a country, see that AI is going to amplify productivity. If we don't get onto the bandwagon, we will be left behind...," he asserted. In his view, Aggarwal said the way forward is for India to become experts in future technology. "Future technologies bring with it jobs of the future, supply chain of the future. And if we are global leaders, we are the fastest adoptive market of future technologies (then) jobs of the future will be built in India, supply chains of the future will be built in India. This is the only way... If we focus on protecting the past, you remain uncompetitive," he added. Sharing his take on employment generation in India, Aggarwal said, "I actually believe the private sector has to do the bulk of the job creation. The government's job is to create the enabling environment, create the fundamentals, help correct imbalances wherever they are, be it trade imbalances, etc and incentivise wherever it needs to be incentivised, like the PLI schemes." The government's steps such as the employment-linked incentives will also encourage private industry, he said, adding "But fundamentally the private sector has to step up and do more". Asked if the government is doing enough to create that ecosystem for the private sector, Aggarwal said, "I'm not in the government, so I want to put the limelight on ourselves. Is the private sector doing enough? I think we all can do more, and I'm on the same page. We all need to do more." In response to a query on his views over the government in extending the fiscal concession that companies like Tesla have been demanding from India, he said, "It is very important for India to attract all kinds of investment, especially (from) world leading companies. "Tesla is a best in class company. The more companies like these invest into India, the better it is for India, in a broad sense as well for the industry." He further said, "The (EV) ecosystem, including my company, will benefit from it, because it will raise the bar on expertise, on excellence, on talent, everything..." About the newly-listed entity Ola Electric, he said, "Our mission at Ola electric is to really make India a global EV hub." The company will build products such as electric two and three-wheelers that Indians need for the country to be able to invent an EV and energy transition paradigm for itself, different from the current global solution for sustainability that is focussed on electric luxury cars, Aggarwal added. On Ola Consumer, he said the ride-hailing mobility vertical is fairly profitable, while it is investing into the new e-commerce for which it has partnered with ONDC.

India needs to lead global tech transition, build jobs of the future: Ola Founder Bhavish Aggarwal

Real estate arm of the <keyword id="6400918" type="General" weightage="50" keywordseo="piramal-group" source="Orion">Piramal Group</keyword>, <keyword id="620925" type="General" weightage="80" keywordseo="piramal-realty" source="Orion">Piramal Realty</keyword>, and Jio-bp announced their partnership to provide world-class EV charging solutions across all <keyword id="100407" type="General" weightage="100" keywordseo="piramal" source="Orion">Piramal</keyword>'s residential projects in the Mumbai Metropolitan Region, a joint press release stated on Thursday. Jio-bp is a fuel and mobility joint venture between RIL and bp. As part of this partnership, customers and visitors to Piramal's residential projects will be able to charge their electric vehicles seamlessly at Jio-bp pulse EV charging stations at sites with the Jio-bp pulse mobile app. The first set of EV charging points at <keyword id="3415882" type="General" weightage="50" keywordseo="piramal-vaikunth" source="Orion">Piramal Vaikunth</keyword> in Thane were installed. Piramal Group said sustainability is a key pillar of Piramal Realty's business strategy and is integrated at all levels of its operations. The availability of EV charging infrastructure within its residential complexes ensures convenient charging of electric vehicles and boosts the confidence of potential electric vehicle buyers. Jio-bp constructed and launched many charging hubs along with hundreds of public charge points in various cities and major highways in India. Besides fixed charging, Jio-bp also offers <keyword id="5930710" type="General" weightage="80" keywordseo="battery-swapping" source="Orion">Battery Swapping</keyword> services through its large network of Battery Swapping Stations. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/heres-how-meesho-zepto-pepperfry-and-icertis-cracked-hyperscaling/slidelist/98943189.cms">Here’s how Meesho, Zepto, Pepperfry and Icertis cracked ‘hyperscaling’</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/global-it-services-firm-accenture-slashes-19000-jobs-tech-mayhem-deepens/articleshow/98944217.cms">Global IT services firm Accenture slashes 19,000 jobs, tech mayhem deepens</a>

Piramal Realty inks deal with Jio-bp to install EV charging stations at its properties

Electric two wheeler maker <keyword id="195740" type="General" weightage="100" keywordseo="hero-electric" source="Orion">Hero Electric</keyword> on Monday said it will set up a Rs 1,200 crore two million units per annum mega electric vehicle (EV) manufacturing hub in Rajasthan. The company said it has signed a Memorandum of Understanding (MoU) with the state government at the Invest Rajasthan summit. According to the company, the proposed unit will be located at Salarpur industrial region over 170 acres and start production by the end of of 2023. "This mega manufacturing facility is part of our capacity enhancement to boost EV adoption across India. It will allow the state to spearhead clean mobility solution shift and promote ecological tourism practices," Naveen Munjal, Managing Director, Hero Electric, said. CEO Sohinder Gill said: "Green field facility of this mega size and large budget gives us the opportunity to introduce very energy efficient green manufacturing processes with a healthy blend of automation using robotic arms and the nimble-fingered skills of the local artisan workforce, using the clean solar energy that state provides." The proposed facility will manufacture all the current and upcoming Hero Electric two-wheelers, Hero Electric said. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/best-upcoming-hybrid-electric-cars-and-suvs-in-india/articleshow/93274562.cms">Best upcoming electric and hybrid cars in India</a> <a href="https://www.businessinsider.in/business/auto/news/a-fire-at-an-ev-showroom-has-killed-8-several-injured-while-trying-to-escape/articleshow/94167880.cms">A fire at an EV showroom has killed 8, several injured while trying to escape</a>

Hero Electric to set up ₹1,200 crore EV manufacturing plant in Rajasthan

Ride-hailing major Uber on Thursday announced a partnership with electric vehicle fleet operator Lithium Urban Technologies to deploy over 1,000 EVs in Delhi-NCR, Mumbai, Bengaluru, Hyderabad and Pune. Uber said it has already deployed more than 100 such electric vehicles (all sedan), such as Mahindra eVerito and Tata Tigor EV, on its platform. Over the next 12 months, the company said it remains committed to scaling up to 2,000 electric vehicles on its platform, including the Lithium EVs. "After our partnerships with Yulu, Mahindra and SUN Mobility, this is our fourth partnership in this space and Uber will always remain committed to providing smarter mobility, building greener cities and creating healthier lives," said Prabhjeet Singh, President, Uber India and South Asia said. Lithium's charging hubs in the selected cities have the capacity to charge multiple cars and buses simultaneously. While a fast charger can charge a sedan in 90 minutes, a slow charger can do that in 8 to 9 hours. "Our partnership with Uber has the potential to significantly add to the number of electric kilometers covered by cars in every city. Electric vehicles are particularly well-suited to the shared economy, and that's why we're seeing their early adoption, most noticeably in fleets," said Ashwin Mahesh, Co-Founder and CEO, Lithium Urban Technologies. According to the 2019 ‘IQAir; rankings, 14 of the 20 most polluted cities in the world are in India. Exposure to outdoor and indoor air pollution contributed to over 1.2 million deaths in India in 2017, according to the State of Global Air Report. Uber recently announced a global commitment to make all rides on its platform 100 per cent emission-free by 2040 through zero-emission vehicles and the integration of public transport and micro-mobility. A market leader in sustainable mobility solutions, Lithium was established in 2014 to encourage an environment-friendly mobility solution for corporates. Lithium runs its over 1,000 electric fleet of hatchbacks, sedans, SUVs and buses across 10 cities in India with its own charging infrastructure of more than 500 fast and slow chargers and charging hubs. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/tcs-and-wipro-lead-rally-in-it-stocks-after-tcs-ceo-announces-multi-year-technology-transformation-cycle-in-the-works/articleshow/78547893.cms" data-type="tilCustomLink">TCS and Wipro lead rally in IT stocks after TCS CEO announces multi-year 'technology transformation' cycle in the works</a> <a href="https://www.businessinsider.in/india/news/here-are-the-guidelines-issued-by-the-dgca-for-the-refund-of-airline-tickets-booked-during-the-lockdown-period/articleshow/78547292.cms" data-type="tilCustomLink">Here are the guidelines for refund of airline tickets booked during the lockdown period issued by the DGCA</a>

You Searched For "EV hub" and got 13 results

Hyundai plans to scale up production capacity, introduce more EVs in India

PTI

GM's new EV charging hubs look exactly like gas stations

Nora Naughton

Starbucks could give a much-needed jolt to the EV market

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Dara Khosrowshahi says Uber wants to make it 'absolutely effortless' for drivers – and passengers – to go green

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Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

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Ola group to invest ₹7,614 cr in TN for lithium ion cell, EV cars

IANS

EV chargers are too boring — and it's holding us back from electrifying the classic American road trip

Nora Naughton

Japan can't get enough of tiny vehicles. Here's Honda's latest: a $15,500 miniature EV truck.

Tom Carter

Ola Electric raises Rs 3,200 cr to fund EV business

PTI

India needs to lead global tech transition, build jobs of the future: Ola Founder Bhavish Aggarwal

PTI

Piramal Realty inks deal with Jio-bp to install EV charging stations at its properties

ANI

Hero Electric to set up ₹1,200 crore EV manufacturing plant in Rajasthan

IANS

Uber partners with Lithium Urban Tech to onboard 1,000 EVs in India

IANS

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