Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

All electric vehicles in India possible only in 2050: Toyota

- Advertisement -

Toyota Kirloskar Motor said the Centre’s earlier target of setting up an all- electric fleet from 2030 will be possible from only 2050 and suggested that hybrid cars will be an “interim” solution till that time, reported Economic Times.

Toyota, EV, electric vehicle, India
Image for representational purpose only

Vice-chairman and whole-time director at TKM, Shekar Viswanathan said to ET that the Japanese car maker is in the process of shipping around 4,000 newly launched Toyota Yaris sedan across the country for consumers even as he maintained that as of now they have about 60,000 customer enquiries on the car.

“I think this is going to become a reality only by 2050. Second, we (TKM) are well positioned to introduce all types of technology products whether electric, hybrid hydrogen and any other technology that may come up in the next five years,” the official said in a press conference.

- Advertisement -

He said they are suggesting the Government to encourage hybrid cars so that it need not create any additional infrastructure for charging of vehicles. “Our message for the Government of India is we don’t have charging infrastructure today. It will take 20 to 30 years to build that charging infrastructure”, said the official.

“In the interim period we believe that the ideal solution is hybrid vehicles. This is what we told the Government. And the Government will not have to spend a single penny in creating charging infrastructure for hybrid vehicle,” he explained.

Viswanathan said the target for the current calendar year is 1,60,000 units and this may change once the order book for newly launched Yaris is clearly emerged.

“For the calendar year, it will be 1,60,000 vehicles we are targeting. We will probably revise this number once the Yaris booking gets clear picture after a month or so. We have 60000 enquiries and counting. Lot of these will be converted in to orders,” he said to the English Daily.

- Advertisement -

Most Popular Articles

Karnataka IT Minister Wants Clarification From Center On Diverting Major Chip Projects to Gujarat

0
Karnataka has 70 percent of India's overall chip design and contributes 10 percent to the nation’s electronics manufacturing. Therefore, on what basis are projects...

LOHUM, ReElement, & American Metals To Set Up US Li-ion Battery Recycling Plant

0
An initial investment of USD 30 million will be used to establish the 15.5 GWh facility, which is anticipated to supply over 315,000 electric...

Delta Electronics Partners with Savex to Expand Market Reach

0
Eyeing to supercharge its market presence across India, Delta Electronics India teamed up with distributor Savex Technologies, aiming to reach system integrators, MSMEs and...

Infosys To Establish Tech Hub In Bengaluru For Polestar

0
A global technology centre dedicated to Polestar will be set up by Infosys in Bengaluru, which will concentrate on developing and validating software for...

Jaguar Land Rover To Transform England’s Halewood Plant To Produce New Electric SUVs

0
With an investment of $669 (£500 million), it will be the group's first manufacturing unit to go all-electric. England is expected to have a new...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
Tanvir Singh, Co-Founder of Mooving

“Battery And Vehicle OEMs Will Be Partners On One Side, Competitors On The Other”...

0
With what is being touted as the ‘Shift of the Century’ in the automotive segment, the business models are evolving too! Does that mean...
Alok Das, Co-Founder, Qargos

“Europe’s Going To Be A Big Market For Indian E2Ws” – Alok Das, Co-Founder...

0
Europe is becoming a hub of investments in the automotive industry, with numerous Indian companies joining the fray. The question arises: will Europe follow...
Rahil Gupta, Co-Founder of Hop Electric

“EV Battery Prices Will Drop By 80% In Next Five Years” – Rahil Gupta,...

0
As the global electric vehicle market finds itself in a tough spot, India’s use cases of electric two-wheelers and three-wheelers have come to the...
Kaushik Burman CEO, Spironet

Can Africa’s “No Questions Asked E Motorcycle Exchange” Be India’s Queue? – Kaushik Burman,...

0
In Africa’s Benin, Togo, and Kenya, a company is exchanging ICE motorcycles with electric ones without charging anything from the end consumer. The business...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
InCore Co-founders (L to R): Arjun Menon (Chief Engineer), G.S. Madhusudan (CEO), Neel Gala (CTO), and Gautam Doshi (Chief Architect)

InCore Unveils Six-Core RISC-V Test Chip To Accelerate Design Adoption

0
InCore Semiconductors has introduced a six-core RISC-V test chip that utilises the company’s proprietary generator technology to build its flexible architecture, allowing for the...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

Industry's Buzz

Karnataka IT Minister Wants Clarification From Center On Diverting Major Chip Projects to Gujarat

0
Karnataka has 70 percent of India's overall chip design and contributes 10 percent to the nation’s electronics manufacturing. Therefore, on what basis are projects...

LOHUM, ReElement, & American Metals To Set Up US Li-ion Battery Recycling Plant

0
An initial investment of USD 30 million will be used to establish the 15.5 GWh facility, which is anticipated to supply over 315,000 electric...

Delta Electronics Partners with Savex to Expand Market Reach

0
Eyeing to supercharge its market presence across India, Delta Electronics India teamed up with distributor Savex Technologies, aiming to reach system integrators, MSMEs and...

Infosys To Establish Tech Hub In Bengaluru For Polestar

0
A global technology centre dedicated to Polestar will be set up by Infosys in Bengaluru, which will concentrate on developing and validating software for...

Jaguar Land Rover To Transform England’s Halewood Plant To Produce New Electric SUVs

0
With an investment of $669 (£500 million), it will be the group's first manufacturing unit to go all-electric. England is expected to have a new...

Learn From Leaders

Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
Tanvir Singh, Co-Founder of Mooving

“Battery And Vehicle OEMs Will Be Partners On One Side, Competitors On The Other”...

0
With what is being touted as the ‘Shift of the Century’ in the automotive segment, the business models are evolving too! Does that mean...
Alok Das, Co-Founder, Qargos

“Europe’s Going To Be A Big Market For Indian E2Ws” – Alok Das, Co-Founder...

0
Europe is becoming a hub of investments in the automotive industry, with numerous Indian companies joining the fray. The question arises: will Europe follow...
Rahil Gupta, Co-Founder of Hop Electric

“EV Battery Prices Will Drop By 80% In Next Five Years” – Rahil Gupta,...

0
As the global electric vehicle market finds itself in a tough spot, India’s use cases of electric two-wheelers and three-wheelers have come to the...
Kaushik Burman CEO, Spironet

Can Africa’s “No Questions Asked E Motorcycle Exchange” Be India’s Queue? – Kaushik Burman,...

0
In Africa’s Benin, Togo, and Kenya, a company is exchanging ICE motorcycles with electric ones without charging anything from the end consumer. The business...

Startups

Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...
InCore Co-founders (L to R): Arjun Menon (Chief Engineer), G.S. Madhusudan (CEO), Neel Gala (CTO), and Gautam Doshi (Chief Architect)

InCore Unveils Six-Core RISC-V Test Chip To Accelerate Design Adoption

0
InCore Semiconductors has introduced a six-core RISC-V test chip that utilises the company’s proprietary generator technology to build its flexible architecture, allowing for the...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...