Latest news with #BEVs
Hindustan Times
7 days ago
- Automotive
- Hindustan Times
Maruti Suzuki gearing up for e Vitara, joins hands with ITIs to launch training program for hybrid and EVs
Maruti Suzuki launches training program for EV and hybrid vehicle technicians before e Vitara launch. A model poses next to Maruti Suzuki's first EV, the e Vitara SUV, on display at Bharat Mobility Global Expo 2025. (REUTERS) Notify me Maruti Suzuki is gearing up to launch its first-ever electric car, e Vitara, which was showcased in its production-ready avatar at the Bharat Mobility Global Expo 2025. The car manufacturer has already revealed that it is aiming to become the leading player with the Maruti Suzuki e Vitara. Also, the OEM has stated that besides working on the new electric SUV, which will compete with rivals like Hyundai Creta Electric, Tata Curvv EV, Mahindra BE6 and MG ZS EV, among others, the auto company is also working on building a robust supportive ecosystem for the potential consumers of the upcoming EV. As part of that strategy, the company has launched a training program to handle high-voltage systems for electric vehicles as well as hybrid vehicles. The automaker has joined hands with 130 Industrial Training Institutes (ITIs) in 24 states and four Union Territories across India. Under this partnership, Maruti Suzuki has launched a training capsule to handle high-voltage systems required for electric and hybrid vehicles. In an official release, the automaker has said that in the first batch, more than 4,100 trained students will be ready to join the automobile industry from September 2025 onwards. Interestingly, Maruti Suzuki has postponed the launch of the e Vitara to September this year only, right ahead of the festive season. Also Read : Upcoming cars in India Maruti Suzuki has further stated that the aim of this program is to fulfil the Government of India's carbon net-zero objective, and the training will serve as one of the important key factors in the faster adoption of EVs in the country. "This training program prepares future automotive technicians to safely and efficiently handle high-voltage electric systems, addressing industry needs as the number of such vehicles increases in the overall car market," the official release states. Speaking about the program, Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India Limited, said that the company wants to maximise the adoption of Battery Electric Vehicles (BEVs) in the country. 'When we researched the reasons for low adoption of EVs, one of the major hurdles in the minds of the customers was confidence in after-sales support. Incidentally, this is an area of strength for Maruti Suzuki. While 90 per cent 1 of EV sales happen in 100 cities, we will go 10x and cover 1,000 cities with more than 1,500 workshops equipped to provide service support to BEVs," he added. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 28 May 2025, 07:42 AM IST
Yahoo
27-05-2025
- Automotive
- Yahoo
RCI BANQUE: ISSUANCE OF EUR 500 MILLION FIXED RATE GREEN NOTES MATURING IN JUNE 2030
PRESS RELEASE May 27th, 2025 RCI BANQUE: ISSUANCE OF EUR 500 MILLION FIXED RATE GREEN NOTES MATURING IN JUNE 2030 RCI Banque, operating under the commercial brand Mobilize Financial Services, announces the issuance of a € 500m 5-year green bond (June-30) bearing a 3.375% coupon. The deal attracted a final order book above 1.8 billion euro coming from around 119 investors. The proceeds from this Green Bond will be used to finance or refinance Battery Electric Vehicles (BEVs) and charging infrastructure. The success of this transaction demonstrates investors' confidence in the financial strength of the company and its contribution to facilitate the transition to electric driving and help tackle climate change. Contact Analysts and InvestorsFinancial communication+ 33(0) 1 76 88 81 74contact_investor@ About Mobilize Financial Services Attentive to the needs of all its customers, Mobilize Financial Services, a subsidiary of Renault Group, creates innovative financial services to build sustainable mobility for all. Mobilize Financial Services, which began operations nearly 100 years ago, is the commercial brand of RCI Banque SA, a French bank specializing in automotive financing and services for customers and networks of Renault Group, and for the brands Nissan and Mitsubishi in several countries. With operations in 35 countries and nearly 4,000 employees, Mobilize Financial Services financed more than 1,3 million contracts (new and used vehicles) in 2024 and sold 3,7 million services. At the end of December 2024, average earning assets stood at 55,9 billion euros of financing and pre-tax earnings at 1,194 million euros. Since 2012, the Group has deployed a deposit-taking business in several countries. At the end of December 2024, net deposits amounted to 30,5 billion euros, or 50 % of the company's net assets. To find out more about Mobilize Financial Services: Follow us on Twitter: @Mobilize_FS Attachment EN - CP 5Y Green €500M June 2030Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India Gazette
27-05-2025
- Automotive
- India Gazette
Maruti Suzuki launches training to handle high voltage systems for electric vehicles
New Delhi [India], May 27 (ANI): Maruti Suzuki India Limited has launched a training capsule to handle high voltage systems required for electric and hybrid vehicles. This customised training program will be accessible across 130 Industrial Training Institutes (ITIs) in 24 States and 4 Union Territories in India. 'The first batch of over 4,100 trained students will be ready to join the automobile industry from September 2025 onwards,' the release said. The aim of this program is to fulfil government of India's carbon net zero objective, and the training will serve as one of the important key factors in faster adoption of EVs in the country. The release further added 'This training program prepares future automotive technicians to safely and efficiently handle high-voltage electric systems, addressing industry needs as the number of such vehicles increases in the overall car.' 'We want to maximize adoption of Battery Electric Vehicles (BEVs) in the country. When we researched the reasons for low adoption of EVs, one of the major hurdles in the minds of the customers was confidence in after-sales support,' said Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India Limited. Incidentally, this is an area of strength for Maruti Suzuki. While 90 per cent 1 of EV sales happen in 100 cities, we will go 10x and cover 1,000 cities with more than 1,500 workshops equipped to provide service support to BEVs. At the end of the course, these trained technicians are free to join Maruti Suzuki service network or any other OEM. Hence, this upskilling of students is strategic to BEV adoption in India. The high voltage training will be useful for Strong Hybrid cars also, and so there is a synergy between both technologies.' This high voltage training program is introduced for second-year ITI students and covers topics like the fundamentals of EVs and HEVs, safety procedures for handling high voltage systems, usage of special tools and equipment, and best practices for system maintenance. In addition, Maruti Suzuki also conducts specialized skill enhancement for the faculty of the ITIs with train-the-trainer programs and provides training equipment and tools to conduct a pioneering 1 as per MSIL's evaluation information Classification: Public training program. These efforts will go a long way in instilling confidence among customers for adoption of newer technologies. (ANI)
Business Upturn
27-05-2025
- Automotive
- Business Upturn
RCI BANQUE: ISSUANCE OF EUR 500 MILLION FIXED RATE GREEN NOTES MATURING IN JUNE 2030
By GlobeNewswire Published on May 27, 2025, 21:00 IST PRESS RELEASE May 27th, 2025 RCI BANQUE: ISSUANCE OF EUR 500 MILLION FIXED RATE GREEN NOTES MATURING IN JUNE 2030 RCI Banque, operating under the commercial brand Mobilize Financial Services, announces the issuance of a € 500m 5-year green bond (June-30) bearing a 3.375% coupon. The deal attracted a final order book above 1.8 billion euro coming from around 119 investors. The proceeds from this Green Bond will be used to finance or refinance Battery Electric Vehicles (BEVs) and charging infrastructure. The success of this transaction demonstrates investors' confidence in the financial strength of the company and its contribution to facilitate the transition to electric driving and help tackle climate change. Contact About Mobilize Financial Services Attentive to the needs of all its customers, Mobilize Financial Services, a subsidiary of Renault Group, creates innovative financial services to build sustainable mobility for all. Mobilize Financial Services, which began operations nearly 100 years ago, is the commercial brand of RCI Banque SA, a French bank specializing in automotive financing and services for customers and networks of Renault Group, and for the brands Nissan and Mitsubishi in several countries. With operations in 35 countries and nearly 4,000 employees, Mobilize Financial Services financed more than 1,3 million contracts (new and used vehicles) in 2024 and sold 3,7 million services. At the end of December 2024, average earning assets stood at 55,9 billion euros of financing and pre-tax earnings at 1,194 million euros. Since 2012, the Group has deployed a deposit-taking business in several countries. At the end of December 2024, net deposits amounted to 30,5 billion euros, or 50 % of the company's net assets. To find out more about Mobilize Financial Services: Follow us on Twitter: @Mobilize_FS Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Hans India
27-05-2025
- Automotive
- Hans India
To accelerate electric vehicle adoption, Maruti Suzuki brings High Voltage training at 130 Industrial Training Institutes
Maruti Suzuki India Limited has launched a comprehensive training capsule to handle High Voltage systems required for electric (EVs) and hybrid vehicles (HEVs). The customised training program has been introduced across 130 Industrial Training Institutes (ITIs) in 24 States and 4 Union Territories in India. Supporting the Government of India's carbon net zero objective, the training will serve as one of the critical key enablers in faster adoption of EVs in the country. This training program prepares future automotive technicians to safely and efficiently handle high-voltage electric systems, addressing industry needs as the number of such vehicles increases in the overall car parc. As part of Company's Corporate Social Responsibility initiative, Maruti Suzuki aims to develop skilled workforce for the overall automobile industry. The Company has invested approximately INR 3.9 crore towards this initiative. Announcing this initiative, Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India Limited said, 'We want to maximize adoption of Battery Electric Vehicles (BEVs) in the country. When we researched the reasons for low adoption of EVs, one of the major hurdles in the minds of the customers was confidence in after-sales support. Incidentally, this is an area of strength for Maruti Suzuki. While 90%[1] of EV sales happen in 100 cities, we will go 10x and cover 1,000 cities with more than 1,500 workshops equipped to provide service support to BEVs. The fundamental to good service is a trained technician. Our High Voltage training CSR program in about 130 ITIs of India will train more than 4,100 students every year. At the end of the course, these trained technicians are free to join Maruti Suzuki service network or any other OEM. Hence, this upskilling of students is strategic to BEV adoption in India. The high voltage training will be useful for Strong Hybrid cars also, and so there is a synergy between both technologies.' Key highlights of the high voltage training program: The High Voltage training program is introduced for second-year ITI students and covers topics like the fundamentals of EVs and HEVs, safety procedures for handling high voltage systems, usage of special tools and equipment, and best practices for system maintenance. In addition, Maruti Suzuki also conducts specialized skill enhancement for the faculty of the ITIs with train-the-trainer programs and provides training equipment and tools to conduct a pioneering training program. These efforts will go a long way in instilling confidence among customers for adoption of newer technologies.
