Media
All new tourist vehicles in Goa to be EVs from January 2024
- July 19, 2023
Source: Zee Business
All new tourist vehicles, as well as cabs and motorbikes provided on rent in Goa will have to be electric vehicles from January 2024, Chief Minister of Goa, Mr Pramod Sawant said. The Goa government proposes major reforms to promote EVs in the coastal state.
Uttar Pradesh government launches portal for claiming electric vehicle subsidies
- July 19, 2023
Source: The Print
In its efforts to promote electric vehicles, the Uttar Pradesh government launched a portal — upevsubsidy.in — through which eligible citizens can avail subsidies online. For buyers purchasing EVs without batteries, the subsidy amount will be 50 percent of the total subsidy.
E-rickshaws to two-wheelers: The shift in the share of electric vehicles
- July 18, 2023
Source: The Hindu
The number of electric vehicles in India has surged from just 2400 a decade ago to over 27.4 lakh as of July 2023. However, given the concurrent rise in the number of non-electric vehicles, the overall share of electric vehicles has still not crossed the 1% mark. Notably, there is also a wide inter-State disparity in the penetration of electric vehicles.
Uttar Pradesh govt lays down norms for e-vehicle subsidy
- July 16, 2023
Source: The Economic Times
The Uttar Pradesh government has laid out conditions concerning the subsidy available on the purchase of electric vehicles under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy, 2022. As per a government order (GO) issued by the principal secretary, customers who have purchased electric vehicles in the state after October 14, 2022, will have to apply on the portal to get a subsidy from the government. Read more at: https://economictimes.indiatimes.com/industry/renewables/up-govt-lays-down-norms-for-e-vehicle-subsidy/articleshow/101795920.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Electric two-wheeler firms cut on battery size after FAME subsidy reduced
- July 16, 2023
Source: Business Standard
Electric two-wheeler (e2W) makers are focusing on reducing the cost of batteries in their vehicles to ensure volumes amid uncertainties around the government subsidy programme. Portfolio rejig may keep prices low for customers.
Chinese automaker BYD proposes $1 billion investment to produce EVs, batteries in India
- July 14, 2023
Source: Business Today
BYD, a Chinese automaker and battery maker, has proposed a $1 billion investment in India to establish manufacturing facilities for electric vehicles and batteries. The investment would be made in partnership with a local company, and would create many jobs. The proposed investment is a sign of BYD's confidence in the Indian electric vehicle market, which is expected to grow rapidly in the coming years.
Promising signs of growth for electric vehicles in India: IEA
- July 11, 2023
Source: ET Energy World
The International Energy Agency has said there are promising signs of growth for electric vehicles in emerging markets like India and Indonesia going forward, outside of the three major global markets including China, US and EU. The deployment of clean energy technologies had another record year in 2022, and the electric car markets witnessed unprecedented growth as sales exceeded 10 million units in 2022, with a total of 14 per cent of all new cars sold being electric – up from less than 5 per cent in 2020, according to IEA report "Critical Minerals Market Review 2023".
Major EV shift plan in Kolkata by 2030, dip in carbon emissions likely by 2.8m tonnes
- July 10, 2023
Source: The Times of India
A major portion of Kolkata’s automobile will shift to electric vehicles (EVs) over the next decade, according to the Kolkata Comprehensive Electric Mobility Plan, jointly prepared by the Asian Development Bank and Niti Ayog. Kolkata aims to achieve major EV penetration by 2030, resulting in a significant reduction in carbon dioxide emissions.
Kia India developing a mass-market electric vehicle for India that will debut in 2025
- July 10, 2023
Source: The Telegraph
Kia India is developing a mass-market electric vehicle (EV) for India that will debut in 2025. While the vehicle will be engineered at the Kia Corporation headquarters in South Korea, there will be a significant contribution from our Indian R&D, according to Mr Hardeep Singh Brar, national marketing and sales head of Kia Motors India. Kia Corporation is developing 14 battery electric vehicles (BEVs)s with an investment of $20 billion by 2030.
CoE for new mobility to come up in Hyderabad
- July 06, 2023
Source: The Hindu
A centre of excellence (CoE) for new mobility focussed on connected, autonomous, secure and electric vehicles as part of a strategic collaboration between auto parts company Mobis India, Birla Institute of Technology & Science (BITS) Pilani Hyderabad and the Telangana government will be established in Hyderabad.