Media
NITI Aayog proposes incentives for processing and refining of minerals in lithium-ion batteries
- August 01, 2023
Source: The Economic Times
NITI Aayog has proposed incentives in the form of tax benefits and a production linked incentive scheme to encourage production and refining of critical minerals used in lithium-ion batteries. In addition, Niti Aayog has called for the development of strong supply chains of critical minerals and raw materials to boost the domestic lithium-ion battery manufacturing industry.
Decarbonisation of public transport to cut 0.3 million tonnes carbon per year
- July 31, 2023
Source: The Times of India
A successful decarbonisation of public transport in Kolkata over the next 28 years will help the city reduce 0.3 million tons of carbon dioxide each year compared to 2022, apart from significant reduction in emission of nitrogen oxides, carbon monoxide particulate matter and ammonia. The net zero road map for the public transport of Kolkata, prepared by TERI, has estimated the complete decarbonisation of public transport in the city by 2050 in six phases.
Flurry of electric PV launches set to widen India market
- July 30, 2023
Source: The Economic Times
A slew of electric vehicle models are lined up for launch in the next 12 months even as US-based Tesla and Fisker firm up their India entry plans. Mainstream and luxury manufacturers including BYD, Citroën, Kia, BMW, Mercedes-Benz, Volvo, Audi, Porsche and Jaguar-Land Rover plan to unveil as many as 21 new electric passenger vehicles (PV).
7 major automakers plan new EV charging network to rival Tesla's
- July 26, 2023
Source: Yahoo Finance
Seven multinational automakers — BMW (BMWYY), GM (GM), Honda, (HMC), Hyundai (HYMTF), Kia, Mercedes-Benz Group (MBGAF), and Stellantis (STLA) — announced on Wednesday that they will form a new charging network that they say will "significantly expand access to high-powered charging" in North America. According to the group, the new network will allow any battery-powered electric vehicles from any automaker, as long as the vehicle uses the Combined Charging System (CCS) or Tesla's North American Charging Standard.
Tata Motors plans app to help its electric vehicle users find charging stations
- July 25, 2023
Source: The Economic Times
For customers who want to purchase electric vehicles but do not have dedicated parking spots, Tata Motors, in collaboration with Tata Power, has commenced work to set up community charging facilities in residential societies.
8738 public EV charging stations operating in India as of June: Minister
- July 24, 2023
Source: Mercom India
As India strives towards decarbonizing the transport sector, the country has installed 8,738 operational public electric vehicle charging stations, as of June 30, 2023, according to the Bureau of Energy Efficiency (BEE) and the Ministry of Power data. The information was shared by the Minister of State for Heavy Industries in a written response to a question in the Rajya Sabha.
Only 0.8% electric vehicles in country out of 34 crore vehicles registered
- July 23, 2023
Source: Daijiworld
Electric vehicles constitute a miniscule 0.8 per cent of the total number of vehicles registered in the country, despite government pushing for greener vehicles since 2015. According to an official data, out of the total slightly over 34 crore vehicles registered with road transport ministry's e-vahan portal, as on July 14, 2023, only over 27 lakh vehicles were registered as electrical vehicles.
Back BMW to begin manufacturing EVs in India soon: Report
- July 23, 2023
Source: Mint
German luxury carmaker BMW plans to start local production of its electric vehicles (EVs) in India. A senior official from BMW has revealed plans to begin local production of its electric vehicles (EVs) in India, citing the growing popularity of the company's EVs in the Indian market. The localisation process involves considering both the volume of sales in the Indian market and the necessary technological stability.
Lexus set to foray into used car business, roll out first electric vehicle in India by 2025
- July 23, 2023
Source: CNBC TV18
Lexus is looking to foray into the used car business in India, having now completed six years in the market. The Japanese carmaker, which currently sells its product range through 23 touch points, aims to transition some of the sales outlets to also cater to the pre-owned car vertical.
Government announces re-bidding under PLI for advanced chemistry cell manufacturing
- July 20, 2023
Source: The Economic Times
The government has announced the re-bidding of production linked incentives for 20 GWh Advanced Chemistry Cell (ACC) manufacturing -- India's Rs 18,100-crore programme to boost local battery cell production. ACCs are the new generation of advanced storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required.