- Hyundai Motor Company
- Škoda Group
- Hydrogen Mobility Ecosystem
- Hydrogen Fuel Cell
- Hydrogen Energy
Hyundai Motor And Škoda Group Collaborate For Establishing Hydrogen Mobility Ecosystem
- by MT Bureau
- September 21, 2024
Hyundai Motor Company and Škoda Group have signed a memorandum of understanding (MOU) to jointly work on establishing a hydrogen mobility ecosystem.
The signing ceremony took place at the Korea-Czech Republic Business Summit in Prague and was attended by Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotný, CEO of Škoda Group.
The MOU focuses on the deployment of hydrogen fuel cell systems and technology, the adoption of energy-efficient solutions for mobility projects and goods and the exploration of hydrogen ecosystem and value chain prospects beyond mobility. Hyundai Motor Group is dedicated to creating a hydrogen society through its hydrogen value chain business brand HTWO, which includes the Group's companies and affiliates and enables each stage of the hydrogen value chain.
The collaboration aims to accelerate eco-friendly transportation in worldwide markets, including the Czech Republic, by sharing fuel cell systems and technology. Hyundai Motor Company and Škoda Group will perform feasibility studies on fuel cell systems for various purposes beyond mobility. Hyundai is set to play a critical role in assisting with the energy transition by leveraging its worldwide knowledge and insights into running diverse hydrogen applications in both the transportation and energy sectors.
Commenting on the collaboration, Ramírez said, “Our partnership with Škoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic. Together with Škoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Škoda Group’s mobility products and projects.”
“We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets where these technologies can have a larger impact. By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most,” said Novotný.
- TI Clean Mobility
- Murugappa Group
- Jalaj Gupta
- Kalyan Kumar Paul
- Montra Electric
- Tube Investments of India
- TII
Jalaj Gupta To Lead TI Clean Mobility As The New MD
- by Nilesh Wadhwa
- November 22, 2024
TI Clean Mobility, part of the Murugappa Group, has appointed Jalaj Gupta as the new Managing Director.
The auto industry veteran in his last position was the Business Head for Commercial Vehicles at Mahindra Group. He has around 29 years of experience in the automotive industry with expertise in business strategy, product development, sales, marketing, and vendor management.
Gupta an alumnus of Punjabi University and IMT Ghaziabad has also held leadership roles at Tata Motors and Ashok Leyland.
Prior to Gupta, TI Clean Mobility was led by Kalyan Kumar Paul, who served as the Managing Director with over 30-years of career with Tube Investments of India (TII) Group, which is part of the Murugappa Group. Paul had retired from the company in October 2024.
TI Clean Mobility, the electric vehicle business of the Murugappa Group, currently sells electric three-wheelers under the Montra brand and is also set to enter the electric small commercial vehicle (e-SCV) and electric tractor space.
- Mahindra
- Mahindra BE 6e
- Mahindra XEV 9e
- Born Electric
- Heartcore
- Pratap Bose
Mahindra Releases BE 6e and XEV 9e Teaser Sketches Ahead Of November 26 Launch
- by MT Bureau
- November 22, 2024
Mumbai-based automotive major Mahindra has unveiled the teaser sketches of its upcoming electric origin SUVs – the BE 6e and XEV 9e ahead of the November 26 debut.
Based on the Heartcore design philosophy, the BE 6e and XV 9e are completely new pure electric vehicles designed by the company, which it believes will disrupt the passenger vehicle segment.
The company is betting big on the upcoming EVs as they encapsulate dynamic styling, premium materials, and progressive proportions.
Pratap Bose, Chief Design & Creative Officer, Mahindra & Mahindra, said, “Heartcore Design is about creating an emotional bond with our customers through design. Prepare to fall in love with our Electric Origin SUVs.”
- Montra Electric
- Tl Clean Mobility Pvt Ltd
- PM E-DRIVE Scheme
- PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme
- Last-Mile Mobility
- Electric Vehicles
Montra Electric Praises PM E-DRIVE Scheme
- by MT Bureau
- November 21, 2024
Montra Electric, a brand owned by Tl Clean Mobility Pvt Ltd, has praised the Government of India for the continuation of subsidy support for the electrification of last-mile mobility under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.
Roy Kurian, Business Head, Montra Electric (Last Mile Division), said, “Montra Electric sincerely thanks the Ministry of Heavy Industry, Govt of India for ensuring continuity of the subsidy support to last-mile mobility. This crucial support will help the industry navigate challenges and further speed up the shift to electric last-mile solutions.”
The PM E-DRIVE Scheme was launched on 29 September 2024. The scheme was put into effect on 1 October 2024 and will continue until 31 March 2026. Furthermore, EMPS-2024, the number of vehicles and the spending under EMPS-2024 for e-2w and e-3w being implemented from 1 April 2024 to 30 September 2024 are being subsumed under the PM E-DRIVE Scheme; hence, the scheme's effective time will be two years.
- Pure EV
- Arva Electric Vehicles Manufacturing LLC
- Electric Vehicles
- Electric Two-Wheelers
- Pure EV eTryst X
- Pure EV ecoDryft
Pure EV Collaborates With Arva Electric To Expand Footprint In Middle East And Africa
- by MT Bureau
- November 20, 2024
Pure EV, one of India's leading electric two-wheeler manufacturers, has entered into a strategic partnership with Arva Electric Vehicles Manufacturing LLC, a subsidiary of Clarion Investment LLC, with an aim to expand its presence across the Middle East and African regions.
Under the terms of the agreement, Pure EV will provide Arva Electric with a first shipment of 50,000 of its flagship models, the eTryst X and ecoDryft, over the next couple of years. Pure EV's position in these developing markets is anticipated to be cemented when the supply rises to 60,000 units per year after this initial phase. Pure EV will be Arva Electric's key technology partner in addition to supplying motorcycles, offering knowledge and assistance all the way through the distribution process. Pure EV will uphold all intellectual property rights pertaining to the bikes in order to safeguard unique technology as they increase their market share.
Dr Nishanth Dongari, Founder and Managing Director, Pure EV, said, “Our commitment to innovation and user experience ensures that we provide market-ready offerings and meet the growing demand for electric mobility solutions. This partnership not only aims to enhance sales but also to foster sustainable mobility solutions in regions where electric motorcycles are rapidly gaining traction, marking a significant step towards expanding our footprint in Middle East and African markets. By leveraging our strengths and capabilities together with Arva Electric, we are poised to make a significant impact on the electric vehicle landscape globally.”
Aniyan Kutty, Managing Director, Arva Electric Vehicles Manufacturing LLC, said, “We are pleased to partner with Pure EV, as their expertise in R&D and cutting-edge technology helps in building efficient and reliable 2W products. Both the companies are committed to promoting eco-friendly mobility solutions with an aim to reduce carbon emissions and support environmental sustainability in these regions.”
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