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Indian Oil and Sun Mobility form JV to expand battery swapping network in India

  • June 06, 2024

Source: EV Reporter

The joint venture plans to expand to over 10,000 battery swapping stations across 40+ cities in next three years and aims to to establish and deploy one of the largest battery swapping infrastructure networks by 2030.

New IEA online tool compares lifecycle emissions from traditional and electric cars

  • June 05, 2024

Source: IEA

The IEA has released a new interactive tool that allows users to explore the greenhouse gas emissions of passenger cars with different powertrains – battery electric, conventional and plug-in hybrid. The calculator takes into account the entire lifecycle of the cars – from raw materials and mining to production and end-use – to provide a precise estimate of the direct and indirect emissions of different types of vehicles.

NSE Indices launches India’s first Electric Vehicle Index

  • May 30, 2024

Source: Mint

The Nifty EV & New Age Automotive Index is designed to monitor the performance of businesses within the electric vehicle (EV) sector and those engaged in the advancement of new-age automotive vehicles and associated technology. The index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles or related technology.

India leads in electric vehicle sales amid global slowdown

  • May 25, 2024

Source: The Economic Times

Global electric vehicle sales growth faces challenges like capital costs and election uncertainty. US EV sales outpaced Europe, where EV sales declined due to Easter holidays. Germany saw a 29% drop in EV sales, while India's EV market share doubled to 4% in 2023.

Centre aims to train 600,000 workers to power Green H2 goal

  • May 16, 2024

Source: The Economic Times

Government aims to develop 600,000 skilled workers for National Green Hydrogen Mission by 2030, identified by Ministry of Skill Development and Entrepreneurship and MNRE.

India explores incentives to boost lithium processing

  • May 10, 2024

Source: Manufacturing Today

India is reportedly contemplating incentives to prompt private firms to establish lithium processing plants, aiming to enhance its lithium mining sector and bolster electric vehicle (EV) battery metal supplies. Under a forthcoming critical minerals policy, the government intends to incentivize companies to set up processing facilities, encompassing beneficiation and refining stages.

NCRTC first EV charging station at Sahibabad starts operation

  • May 06, 2024

Source: The Pioneer

he National Capital Region Transport Corporation (NCRTC) has started operating the first Electric Vehicle (EV) Charging Station at Sahibabad RRTS station. Situated at Gate No. 1 of the Sahibabad RRTS station, the newly operational EV charging station boasts a comprehensive array of charging units catering to various electric vehicle models

India sets up task force to accelerate EV drive

  • April 23, 2024

Source: Mint

To promote the country’s electric vehicle (EV) ecosystem in line with its vision of Viksit Bharat, the Centre is in the process of establishing a task force to create a roadmap for the industry.

Google Maps to use AI to help EV car owners charge up

  • April 17, 2024

Source: CNET

Google Maps is getting an upgrade, focused on helping electric vehicle owners keep their cars charged. Google is adding real-time details about chargers to its Google Maps app when users indicate they're driving an EV.

India’s electric vehicle market registers widespread growth, two-wheelers lead in sales

  • April 10, 2024

Source: The Telegraph

In FY2024, India’s electric vehicle (EV) market has shown growth across all segments although from a relatively low base. Electric two-wheelers led the charge with sales of 9,47,087 units, an year-on-year increase of 30.06 per cent, capturing a 5.4 per cent market share.