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      BMW iX xDrive50 Launched In India For Rs. 1.4 Cr – 635 Km Range!

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      BMW iX xDrive50 LaunchedThe recently launched BMW iX xDrive50 rivals Mercedes-Benz EQE SUV, Audi e-tron, Audi Q8 e-tron, Jaguar i-Pace and the likesAfter launching iX1 (electrified X1 SUV) in the Asian subcontinent, BMW launched iX xDrive50 in India. More performance-oriented iX xDrive50 is positioned above xDrive40 variant of iX already on sale in India. iX xDrive50 has climbed the price ladder to be the most expensive BMW SUV/crossover in India.BMW iX xDrive50 Launched In IndiaSpeaking of price, BMW is quoting Rs. 1.4 Cr (ex-sh) for the higher-spec iX xDrive50 brought via CBU route. Colour options include Mineral White, Phytonic Blue, Black Sapphire, Aventurine Red, and Oxide Grey. BMW Individual Storm Bay Metallic is available too, as an option. Vegan Leather upholstery is in either Oyster or Mocha colour schemes.BMW iX xDrive50 ProfileIf you crave real leather upholstery, ‘Interior Design Suite’ is optional. The new BMW kidney grille with the powerful design language continues from xDrive40 variant. Not a bad thing at all, considering BMW iX is a visual treat flaunting frameless windows, 22-inch alloys, 3D bonnet, rectangular wheel arches, one-piece LED tail lights and flared shoulder area grab eyeballs.Matrix LED headlights on iX are the narrowest on any BMW and buyers can choose optional BMW Laserlight. The large dimensions translate into a lounge-like spacious interior. The majestic dashboard proudly holds a single-piece curved screen for infotainment and instrumentation.BMW iX xDrive50 DashboardHexagonal steering wheel, BMW Sky Lounge Panorama Glass Roof with electrochromic function, massaging seats with leather upholstery, ambient lighting, active seat ventilation and seat heating are note-worthy features. BMW iX xDrive50 is not just about the flash value. The practical 40:20:40 split seats with a massive 1,750L boot are commendable.Extra oomph!The curved single-piece glass on the dashboard holds a 14.9-inch infotainment screen and a 12.3-inch digital instrument screen running BMW iDrive OS 8.5. A head-up display, BMW Maps with augmented reality, a virtual assistant, gesture control, wireless charging and smartphone connectivity, an 18-speaker Harman Kardon system, and ADAS suite in the form of BMW Driving Assistant and BMW Driving Assistant Professional are notable features.The main draw for BMW iX xDrive50 over xDrive40 is the added performance. Fifth Gen BMW eDrive Technology boasts a single powertrain unit powered by two electric motors and a single-speed transmission. Claiming best-in-class performance, xDrive50 packs 523 bhp and 765 Nm, capable of sprinting to 100 km/h in 4.6 seconds.BMW iX xDrive50 SpecsBMW’s famed Adaptive 2-axle air suspension makes a world of difference in occupant comfort. Battery is a rather sizeable 111.5 kWh unit and promises 635 km of range on a single charge, as per WLTP cycle. Owing to its large battery, BMW is offering up to 22 kW AC charging and 195 kW of DC fast charging.Statement from BMW IndiaMr. Vikram Pawah, President, BMW Group India said, “The BMW iX is the highest selling electric luxury vehicle in India and significantly drives BMW Group India’s number one position in the luxury electric segment. Now, with the introduction of the new BMW iX xDrive50, the car will not only impress, but also take your drive to new electric heights.BMW iX xDrive50With its best-in-class range, comfort-oriented features and fast charging capabilities, the new BMW iX xDrive50 is ideal for both city driving and long distances. With an intelligent kidney grille and expansive size, this all-electric SAV exudes daring, innovative style from the inside out. It surely sets new standards for style and sustainability. We will continue to boost the ramp-up of electric mobility by carefully expanding our range with well-thought-out and innovative products.” More

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      MG Comet EV Cabriolet Concept Debuts – Daintily Charming

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      MG Comet EV Cabriolet ConceptApart from the missing roof, a new colour shade and refreshed interior theme, MG Comet EV Cabriolet is largely the same as the standard modelWith the JV between JSW and MG Motor, the new entity, JSW MG Motor India Pvt Ltd., is working on a major product onslaught. The focus will be on new energy vehicles including electric and hybrid cars. At the recent Mumbai event, MG Motor showcased multiple models such as the MG Cyberster, MG3 and MG4.MG Comet EV Cabriolet Concept – Design and stylingAnother model that got everyone’s attention at the event was the MG Comet EV Cabriolet Concept. Excluding the windshield and supporting structures, the top section has been completely removed. The Comet EV cabriolet concept gets a new dark green colour shade. It feels a bit tacky, even more so with the dark green highlights on the front bumper and wheels.MG Comet EV Cabriolet ConceptMoreover, the chrome highlights don’t seem to complement the dark green exterior shade. But overall look and feel can be justified, considering that it’s a concept and designed to be an attention seeker. If this makes it to production stage, may be as a special edition or limited edition, most users will probably choose the colour options available with the standard model.Most other features are the same as the standard Comet EV. Some of the key highlights include an extended full-width LED light bar, illuminated MG logo, polygonal headlamps, aero wheel covers and a red LED bar on the tailgate.MG Comet EV Cabriolet ConceptMG Comet EV Cabriolet Concept – InteriorsAlthough the hardware is largely the same as the standard Comet EV, a new interior theme with red accents has been used with the cabriolet concept. The red highlights can be prominently seen on the doors and dashboard. The upholstery is also new. The cabriolet concept works to highlight the spacious interiors of Comet EV. Folks who may be a bit skeptical about a 2-door EV can probably get a more realistic view about the usability of Comet EV.MG Comet EV Cabriolet ConceptMost of the features of the cabriolet concept are the same as the standard Comet EV. It includes dual 10.25-inch screens for the infotainment system and instrument cluster. There’s support for more than 100 voice commands and 55+ connected car features.Other features include wireless Android Auto and Apple CarPlay and smart storage spaces. Safety kit includes features like dual front airbags, ABS + EBD, electronic stability control (ESC), and hill hold control. There’s an electronic parking brake, reverse parking camera and sensors and tyre pressure monitoring system.MG Comet EV goes topless ? pic.twitter.com/kT9uM585SN— RushLane (@rushlane) March 21, 2024MG Comet is 2,974 mm long, 1,505 mm wide, 1,640 mm tall and has a wheelbase of 2,010 mm. It is equipped with a 17.3 kWh battery that supplies power to a permanent magnet synchronous motor. Certified range is 230 km. With a 3.3 kW charger, 0 to 100% charge can be achieved in 7 hours. Charging time can be reduced to 3.5 hours with a 7.4 kW charger. More

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      MG Cyberster Debuts In India – Electric Sports Car With Scissor Doors

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      MG Cyberster Debuts In IndiaExpected to be offered at a relatively affordable price tag, MG Cyberster can witness significant demand when launched in IndiaCombining MG’s legendary credentials and JSW’s local manufacturing expertise at a scale, the JSW MG Motor India Pvt Ltd joint venture is poised to usher in a new era of MG vehicles in India. The 1 lakh annual capacity at MG’s Halol plant in Gujarat is set to be increased to 3 lakh units annual capacity. Sajjan Jindal revealed on the stage that the partnership will bring one vehicle every three to four months starting from September 2024!MG Motor is planning to expand its India portfolio in a big way. Recent partnership with JSW gives the company more confidence and resources to expand its footprint. One of the upcoming products is MG Cyberster electric sports car, which has now been showcased at company’s event in Mumbai.MG Cyberster ProfileMG Cyberster – Gorgeous profileSports cars are synonymous with style and elegance, something that MG Cyberster integrates quite easily. The company has a rich sporting lineage, dating back to 1924. The same is reflected in the sleek, classic design of MG Cyberster. Some key highlights include an aerodynamic front fascia with prominent air intakes, sweptback headlamps and chiselled bonnet.Side profile is distinguishable with its sporty petal-shaped alloy wheels, side skirts, scissor doors, fabric soft top and smooth body panelling. At the rear, MG Cyberster gets a full-width rectangular light bar, arrow-shaped tail lights and a muscular split diffuser. Users can expect a luxurious experience with soft-touch materials all across and leather-wrapped components.MG Cyberster Stylish Scissor DoorsThe cockpit area seems to derive inspiration from modern gaming aesthetics. Some of the key highlights include an integrated infotainment and instrument screen, leather-wrapped flat bottom steering wheel, steering-mounted controls and physical buttons for the drive selector, soft-top operation and HVAC controls. The prominent centre console neatly separates the driver and front passenger sections.MG Cyberster – Specs, performanceBeing MG’s first electric sports car, the focus has been on delivering an exhilarating experience. MG Cyberster was first showcased as a concept in 2021 and later it was unveiled at the 2023 Goodwood Festival of Speed. At 4,533 mm long, 1,912 mm wide and 1,328 mm tall, the MG Cyberster has a dynamic road presence. It has a wheelbase of 2,689 mm and is underpinned by a born-electric platform.MG Cyberster RearIt is expected that MG Cyberster will be offered in two variants. The entry-level model will have a single-motor RWD setup. It will be equipped with a 64-kWh battery pack, with a range of 520 km. Power output will be 308 hp. The single motor variant of MG Cyberster weighs 1,850 kg.The top-spec AWD variant of MG Cyberster has a dual motor setup, one for each axle. It is equipped with a larger 77 kWh battery pack and weighs 1,985 kg. Performance numbers are 535 hp of max power and 725 Nm of peak torque. As per CLTC cycle, the certified range is 580 km. MG Cyberster can achieve 0 to 100 km/H in just 3.2 seconds. In comparison, the Tesla Model Y Performance version takes 3.5 seconds.MG Cyberster InteriorsMG Cyberster – India launch, pricingIt is expected that MG Cyberster will make its international debut around mid-2024. Official launch could take some time, as the company is looking at possibilities of creating a new flagship brand. Something along the lines of what Toyota has achieved with the Lexus brand.Or even a strategy similar to Maruti’s premium Nexa showrooms can be considered. Talking about pricing, MG Cyberster is expected to be offered at a starting price of approximately £50,000 (~ Rs 53 lakh). MG Cyberster could benefit from the government’s new EV policy. More

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      BluSmart, Citroen Drive Electric Mobility: 125 eC3 (EVs), Eyes Set On 4000

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      Shishir Mishra, Brand Director, Citroën India and Anmol Jaggi, Co-founder & CEO, BluSmart signing the MoUCitroen and BluSmart’s Electric Mobility PactCitroen and BluSmart Mobility‘s collaborative efforts extend beyond mere deployment of electric vehicles. They’re on an approach path that’s swiftly getting popular. The end goal is to cater to sustainable urban mobility, addressing infrastructure gaps and consumer concerns alike. Integrating innovative technology and community sentiment, they aim to carve their space in the urban transportation space, one electric ride at a time.This partnership represents a strategic alliance between two industry renowned names. While driving forward a vision of a cleaner, greener future for urban commuters, the move contributes to larger environmental and societal goals.Driving Electric Mobility: BluSmart, Citroen flag off 125 eC3 (EVs), 4000 on the HorizonTo set the ball rolling, the first 125 units of the Citroen eC3 (EVs) were flagged off at BluSmart’s EV charging superhub, Bangalore. This inaugural event marked the official commencement of the partnership’s electric mobility initiative. It sets the stage for future deployments. A number that stands tall at 4000 eC3 EVs.Citroen and BluSmart Mobility will move ahead on ambitious plans for expansion. And would aim to roll out their electric mobility solutions to other cities across India. This expansion will not only benefit urban commuters. As per popular dialogue, the EVs will contribute to reducing carbon emissions, while also alleviating commuter options.Driving Change With Electric Urban TransportThe move ahead is focused on building a comprehensive electric mobility ecosystem. This includes everything from charging infrastructure to user-friendly mobile apps. End-to-end solutions will make electric mobility more accessible and convenient.As they continue to expand their fleet and infrastructure, Citroen and BluSmart Mobility will remain dedicated to driving positive change in the urban transportation landscape. With their combined expertise and resources, the journey is onward and upward. Currently, BluSmart operates over 7,000 EVs, and owns and operates 4,400 EV chargers.Investment Through Assure by BluSmartShishir Mishra, Brand Director, Citroen India, said, “The eC3’s smart design, operational range, fast charging capabilities, and intuitive technology, are both comfortable and practical, making it an attractive proposition for passengers and fleet operators.”Anmol Jaggi, Co-founder & CEO, BluSmart said, “The onboarding of these EVs was facilitated through Assure by BluSmart, a unique opportunity for retail and institutional investors with access to capital to help finance the transition to eMobility. Through Assure, institutions can finance the purchase of EVs and lease them to BluSmart against fixed rentals.” More

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      in Bike

      March 2024 Week 3 Auto News Roundup – Mahindra, Jeep, Bajaj, Yezdi, Kia, Maruti, MG

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      Hyundai Creta N Line ReviewSome of the most interesting auto news last week were Kia Clavis, Yezdi new bike, upcoming Bajaj CNG bike, new SUVs from Jeep and othersWeek 3 into March 2024, automotive industry has seen quite a few developments. Most of these developments are likely to make a significant impact on Indian automotive market in their respective segments. Auto news related to 4W vehicles were more in number than 2W vehicles. Let’s take a look at all the developments.Bajaj CNG Motorcycle Spotted Testing: Image – Zigwheels1. Bajaj CNG Bike SpottedStarting with 2W vehicles, Bajaj Auto testing a new CNG motorcycle is one of the hottest news from last week. The motorcycle was spotted testing with full camouflage. Interestingly, it was being benchmarked against a Platina. Alloy wheels, tubeless tyres, a very long seat, front disc brake option are some of the notable elements.Image for reference only2. TVS Trademarked Names For Electric XLIn a strategic move, TVS is setting foot in commercial electric 2W vehicle. The company intends to bring an electric version of XL 100 ICE on sale in India. It will lock horns with recently launched Kinetic e-Luna. TVS has trademarked the names XL EV and E-XL. One of these names will adorn this upcoming vehicle.Kawasaki Ninja 7 Hybrid3. Kawasaki Ninja 7 Hybrid, Z E-1 Patented In IndiaTeam Green is set to expand its Indian portfolio with electric or electrified vehicles or both. In that regard, the company has patented designs of Ninja 7 Hybrid and Z E-1 in India. Considering Ninja 7 Hybrid shares its powertrain with Ninja 500 and Eliminator, it has better chances of a launch.Triumph 400 New Custom Colour Launch4. Triumph 400 Custom ColoursSpeed 400 and Scrambler 400X owners can now get a lot more colour options to satisfy their appetite for uniqueness. At dealership end, Triumph 400 owners can get their prized possession with custom colours at an added cost.New Yezdi Motorcycle Showcased5. Yezdi New MotorcycleThis is the most interesting 2W news from last week. At a dealership meeting held by Classic Legends, there were four Yezdi motorcycles showcased on stage. Among these four, one Yezdi motorcycle has been leaked and it features lower-end equipment like rear mono-shock, single exhaust and dual analog instrument clusters. It will rival Honda and Royal Enfield bikes.Hyundai Creta N Line Launched6. Hyundai Creta N Line LaunchedFor the first time in India, Creta is getting a sportier N Line version. The same was launched last week at a starting price of Rs. 16.82 lakh (ex-sh, introductory). The company promises sporty credentials over regular Creta. Rushlane’s first impression review on Creta N Line went live recently and you can read it here.Mahindra XUV 7XO, 5XO, 3XO, 1XO Names Registered7. Mahindra 1XO, 3XO, 5XO and 7XO Names TrademarkedIndia’s de-facto SUV manufacturer is cooking a whole new lineup under its XUV umbrella. These could be an all-electric lineup from Mahindra. Considering Mahindra has an E in the name of its upcoming electric SUVs, the O in the new name trademarks might mean Outdoor. Safer bet would be EVs, though.Mahindra XUV.e9 ful dash touchscreen and Frunk Area8. Mahindra XUV.e9 Frunk Captured On VideoSticking with Mahindra, we can’t go a week without spotting at least one XUV.e prototype. Last week was not different. New revelation is XUV.e9’s front trunk area (Frunk) captured on video. When launched, Mahindra could implement a rather shallow, but wide and long frunk. The triple-screen dashboard is another highlight.Maruti Suzuki eVX New Infotainment Screen9. Maruti Suzuki eVXCompany’s first-ever electric car is due to launch and ahead of that happening, new details have been surfacing from various spy shots. Charging port is on the front left quarter panel. On the inside, there seems to be a larger free-standing display than the current 9-inch unit.Mahindra Thar 5-door Vs Jeep Wrangler – Size10. Jeep Has Two Cars IncomingThere is very interesting and hot news from the house of Jeep. For starters, Jeep is rumoured to diversify its portfolio to include a fitting rival to Hyundai Creta and other compact SUVs. This vehicle will be based on cost effective Citroen C3 Aircross’ CMP platform. Second vehicle from Jeep is a ladder-frame Thar rival SUV. A mini Wrangler!Mahindra Thar Armada11. Mahindra Thar Launch DetailsSpeaking of Thar, Mahindra is likely to launch 5-Door model (Thar Armada) on 15th August 2024. Rushlane’s sources revealed that the company intends to only offer the 4X4 versions of Thar Armada at launch, while 4X2 RWD models will launch later.Mahindra XUV300 Facelift Convoy of Test Mules12. Mahindra XUV300 New DetailsRecently, Mahindra XUV300 facelift testing has sharpened. The company’s test mule convoy now included base, mid and top spec trim levels of upcoming XUV300 facelift at once. We could see how Mahindra is offering different wheels designs with base, mid and top trims.Lexus LM for India13. Lexus LM 350h LaunchedLuxury minivan segment has been witnessing more acceptance in India. Toyota’s Vellfire minivan is now spawning a Lexus version in the form of 350h. The launch price is at a premium, costing between Rs. 2 crores and Rs. 2.5 crores.MG Excelor EV Logo Trademarked14. MG Excelor EV TrademarkedAfter a strategic price revision and trim overhaul, MG is keen on launching two new vehicles in India. After Gloster facelift, MG is expected to launch an electric car and this vehicle could take the recently trademarked Excelor EV name. Unlike other car names from MG, there is no British aircraft with the name Excelor.Kia Clavis SUV India Testing Starts : Image – Acko Drive15. Kia Clavis Testing Commenced In IndiaInternally codenamed AY, Kia Clavis is set to launch in India sometime next year. The company commenced testing in Indian market recently. Clavis will measure around the same as Kia Soul. So, a length between 4.1 to 4.2m is highly likely. It will be positioned above Sonet and below Seltos. More

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      Hyundai Creta EV Spied In S Korea – Launch Expected In Q3, CY2024

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      New Hyundai Creta EV. Image – Auto SpyUpcoming Creta EV will be based on the facelift model and is expected to get an extended range of premium featuresUsing existing popular brand names can help achieve a smooth transition from ICE to EV. There are some good examples such as Nexon EV and Tiago EV. Following a similar approach, Hyundai will be launching the Creta EV later this year. It will challenge rivals such as MG ZS EV, Mahindra XUV400 along with upcoming Tata Curvv EV and Maruti eVX.Creta EV – What’s new?Excluding the closed-off grille and bumper, much of the front fascia will be the same as that of the new Creta facelift. Some of the key highlights include horizontal LED positioning lamps and DRLs, front turn signals with sequential function and muscular hood design.New Hyundai Creta EVSide profile of Creta EV won’t have any major changes, excluding a new set of alloy wheels. At rear, Creta EV will have connected LED tail lamps, LED turn signals with sequential function and aerodynamic spoiler with a LED high mounted stop lamp.Most of the features available with new Creta will be shared with Creta EV. Some of the key highlights include integrated infotainment and instrument screens, voice enabled smart panoramic sunroof, front row ventilated seats, Bose premium sound system and dual-zone automatic temperature control. Creta EV could get some more premium features, likely from Ioniq 5. A comprehensive range of connectivity and ADAS features will also be available with Creta EV.New Hyundai Creta EVCreta EV specs, rangeIt has been revealed that Creta EV will be getting a 45-kWh battery pack. These battery packs will be manufactured by LG Chem. Creta EV could have a certified range of around 450 km. Real-world range could be around 250 to 300 km. However, range will vary based on various factors such as driving conditions, driver skills, etc.Creta EV will be getting an advanced regen system, which will help optimize range. The SUV will have a fast charging option, allowing users to load up quickly within minutes. For example, Hyundai Ioniq 5 can be charged from 10% to 80% in just 21 minutes using an ultra-fast charger.Talking about performance, Creta EV will have a single-motor setup, mounted on the front axle. The motor will be the same as used with the new-gen Kona available in international markets. It generates 138 hp of max power and 255 Nm of peak torque. Other information such as acceleration, top speed, charging time, etc. will be revealed in due course.Hyundai India Charging Network GrowingHyundai EV charging network expansionFor the benefit of its EV users, Hyundai is working to expand its EV charging network. New ultra-fast EV charging stations are being set up across cities like Bengaluru, Ahmedabad, Pune, Mumbai, Gurugram and Hyderabad. Charging stations are also being set up along major highways such as Delhi-Jaipur, Delhi-Chandigarh, Mumbai-Nashik, Mumbai-Surat and Hyderabad-Vijayawada. Users can find an available charging slot using the MyHyundai app. Hyundai EV users can also make online payments and monitor the charging status of their vehicle. More

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      New Skoda Epiq Is A 4.1m Electric SUV – Is This India Bound?

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      New Skoda Epiq Electric CrossoverAs opposed to the current crop of EVs from the company, new Skoda Epiq is the first representation of “Modern Solid” design languageFueling the electric vehicle onslaught, Skoda is launching six new EVs by the end of 2026. For India, however, Skoda has announced a sub 4m SUV at its recent event that could spawn a full-electric counterpart at a later date. Skoda has now introduced Epiq sub compact electric crossover which may find its way to our shores.Skoda Epiq Is A 4.1m Electric SUVWhat exactly is Skoda Epiq? The company calls it a design study, rather than a concept. But in reality, Skoda Epiq looks like a near production ready prototype that is undergoing studio photoshoot for advert material. Meaning, that this design study is so practical and mature, it looks ready for production.Skoda Epiq RearTouted as “small but epic”, Skoda Epiq is the first vehicle (design study) from the brand to sport its new “Modern Solid” design language. This is slightly different to what Skoda teased at the recent event on its upcoming sub 4m SUV. Targeted starting price of this vehicle is EUR 25,000 which translates to Rs. 22.5 lakh with today’s currency exchange rates.Skoda Epiq is a 4.1m long e-crossover that could be rounded-up as an electric version of Kamiq. However, being a born electric vehicle, Skoda Epiq boasts increased practicality over Kamiq. Born electric vehicles are blessed with better space optimisation by OEMs and Epiq sports a 490L boot space, which is roughly 20% larger than Kamiq’s.Skoda Epiq DashboardHow does it look?The Modern Solid design language is fairly handsome. We are sure this design wouldn’t split any opinions if launched in India. There are sleek LED DRLs on either end of Epiq’s fascia. These DRLs are coupled with fang-like LEDs vertically arranged, giving them an inverted L-like shape. Headlights are positioned below these fangs, engulfed in a black trim.New Skoda Epiq Electric CrossoverSkoda’s typical moustache is still present, but is sleeker and a lot appealing. Lower bumper has 8 massive vertical openings that lend an interesting direction. Side profile is strong with a thick and upright C-pillar. Door handles are conventional and there are swanky aero wheels. Floating roof effect and black body cladding all-around are other notable elements.Tail lights have T-shaped LED signature and the same 8 vertical openings can be seen in rear bumper too. Skoda lettering in Red sits on the neatly sculpted tailgate proudly. Chunky roof rails and glass roof are noteworthy.New Skoda Epiq Electric CrossoverPowertrain and specsOn the inside, Skoda Epiq looks modern and minimal. There is a layered dashboard, a free-standing infotainment screen, a small digital cluster, 2-spoke steering, a few buttons below the infotainment screens and seating for five. Skoda has tastefully played with white and orange shades for striking contrast.Powertrain-wise, Skoda Epiq will be underpinned by MEB Entry platform. Only FWD drivetrain is highly likely with this vehicle. Battery size is unknown and WLTP range could be in the ballpark of 400 km. Skoda Epiq might break covers in 2025 and the exact vehicle is less likely to reach our shores. More

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      India’s Electric Vehicle Policy in the Spotlight – Import Duty At 15% For CKD

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      Tesla India launch expected this yearPowering Production: India’s EV Policy and Manufacturing RequirementsThe Union Government’s E-Vehicle Policy in India could be a pivotal step towards transforming the automotive industry. This regulatory framework outlines stringent yet strategic measures. This is aimed at fostering the growth of electric vehicle (EV) manufacturing (in the years to come) within the country.One of the policy’s key features is the stipulation of a minimum investment requirement of Rs 4,150 Cr, while also eliminating any maximum investment limit. This provision encourages substantial capital infusion into the EV sector. Which of course is essential for establishing robust manufacturing facilities and infrastructure.India’s Electric Vehicle Policy MandatesThe policy mandates that manufacturing facilities must be operational within three years. Commercial production should be commencing within the same timeframe. Dedicated timelines highlight efforts at expediting the adoption and proliferation of EVs. Domestic Value Addition (DVA) emerges as another crucial aspect of the policy putting focus on the need for indigenous production. DVA targets are set at 25 percent by the 3rd year, and 50 percent by the 5th year.India’s Electric Vehicle Policy – Emission MissionThe policy imposes 15 percent custom duty on vehicles with a CIF value exceeding USD 35,000 (About Rs 30 lakhs pre duty + tax) for a duration of five years. Additionally, it outlines provisions for limited imports, capping the maximum number of permissible imports at 40,000 EVs. Annual import numbers should not be exceeding 8,000 units.To ensure commitment and compliance, investors are required to furnish bank guarantees, serving as a financial security mechanism. Failure to meet DVA and investment criteria may lead to the invocation of these bank guarantees. Thereby reinforcing accountability and adherence to the policy’s mandates.The latest announcement sets forth a comprehensive roadmap for the sustainable development of the Indian automotive industry. By striking a balance between regulatory measures and incentivising investments, it aims to propel India towards a cleaner, greener, and more technologically advanced future. To make progress, the policy needs to lay strong emphasis on fostering innovation and technological advancement within the EV sector. By encouraging research and development initiatives, one can hope for cost efficient EVs that fit into people’s purchase plans.Domestic Dynamo: Policy Looks To Energise IndustryAs it stands, the policy serves as a catalyst for job creation and skill development in the automotive sector. Establishment of manufacturing facilities and the subsequent increase in production volumes will generate employment opportunities. This would be across various skill levels, from assembly line workers to engineers specialising in electric vehicle technology.Developing the E-Vehicle Policy aligns with India’s broader economic and environmental objectives. As a signatory to international agreements, India is committed to reducing its carbon footprint, and transitioning towards more sustainable forms of transportation. The promotion of electric vehicles through this policy is aimed at achieving these targets. This is based on global dialogues that view EVs as inherently cleaner while producing fewer emissions compared to traditional internal combustion engine vehicles. More