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Showing posts with the label electric vehicles

Why NITI Aayog believes electric car goal may raise cyber-security risks

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While China manufactures everything from a chip to a converter for its electric vehicles, Indian automakers use imported electronic equipment LATEST NEWS : India’s dependence on imported components for electric vehicles could make the country vulnerable to cyber-security breaches, according to the government’s chief policy think-tank. India should manufacture the majority of the parts needed for its electric vehicle fleet as equipment shipped from overseas could be compromised, V K Saraswat, a member of the think tank, Niti Aayog , said in an interview. All of the software and at least 55 percent of the components need to be made domestically to keep electric vehicles and the grid secure. “There has to be a push toward local manufacturing,” Saraswat said. Prime Minister Narendra Modi’s administration said last year it aims to have mostly electric vehicles by 2030, in a country where about 3 million fossil fuel powered passenger vehicles sell annually. In an attempt to...

Suzuki, Toyota ink pact to make electric cars in India

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Indian govt plans to shift to an all-electric vehicle fleet by 2030 Latest news :  Japanese auto majors Toyota and Suzuki will work together on the introduction of electric vehicles in India-- the fifth largest car market-- by 2020. Suzuki, which enjoys a 50 per cent market share in the domestic passenger vehicle segment through its subsidiary Maruti, has decided to produce electric vehicles in the wake of a clear mandate from the government seeking a shift to green mobility. Both the Japanese companies inked a partnership deal in early February this year. A memorandum of understanding (MoU) was signed to this end. Now, the two auto majors have concluded another MOU on considering a cooperative structure for the introduction of electric vehicles (EVs) in the Indian market in or around 2020, a statement said. Suzuki will produce EVs for the Indian market and will supply some to Toyota, while Toyota is to provide technical support. Additionally, Toyota and Suzu...