Media
EV sales in India to cross 9 million units by 2027
- July 27, 2022
Source: The Financial Express
According to the IVCA-EY-IndusLaw report, the EV industry is likely to create more than 10 million direct jobs and 50 million indirect jobs by 2030. The report also highlights the global best practices for EVs, the current Indian policy environment, and PE/VC investments in this sector so far, investment opportunities in India for both investors and entrepreneurs.
Electric two-wheeler sales in India to grow by 78% by 2030
- July 25, 2022
Source: HT Auto
Electric two-wheeler sales growth will depend on aiding factors like improving charging infra, affordability of EVs, etc. Electric two-wheelers have been leading the pack of electric vehicles in India for quite some time. Both the electric two and three-wheelers have been dominating the space. A study by Redseer claims that electric two-wheelers in India will see a growth of 78 per cent by 2030 if things go well.
NHPC unveils plans for pilot green H2 production in Ladakh
- July 18, 2022
Source: Renewables Now
NHPC intends to produce green hydrogen and install a green hydrogen fuel cell-based microgrid to meet the power requirements of its own housing facility at the site of the Nimmo Bazgo Power Station run-of-river power complex. The second pact will see the Indian firm produce green hydrogen in the district of Kargil so as to power fuel cells used for mobility purposes. According to its estimates, the output will be able to power two buses for up to eight hours.
Ola to invest $500 million in battery innovation and indigenous cell R&D
- July 18, 2022
Source: ANI
Ola Electric will invest $500 million in setting up a battery innovation centre and promoting indigenous cell research and development in India. The company plans to set up a state-of-the-art 'Battery Innovation Centre in Bengaluru. It will be one of the world's largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge lab equipment to cover all aspects of cell-related research and development.
Hindalco partners Israel’s Phinergy, IOP to develop aluminium-air batteries for EVs in India
- July 18, 2022
Source: The Financial Express
Hindalco Industries, an aluminium manufacturing subsidiary of the Aditya Birla Group, has joined hands with Israel-based battery manufacturer Phinergy and IOP, a joint-venture between Indian Oil Corporation and Phinergy, to develop aluminium-air batteries for electric vehicles. Phinergy and IOP will partner with Hindalco on R&D and pilot production of aluminium plates for Aluminium-Air batteries, and recycling of aluminium, after usage in these batteries.
CESL signs pact with Three Wheels United to procure 70,000 electric three-wheelers
- July 18, 2022
Source: ET Energy World
Convergence Energy Services Ltd (CESL), a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL), has signed MoU with Three Wheels United for procurement of 70,000 electric three-wheelers (E3Ws) for Indian roads over five years. The electric vehicles will be priced at INR 3 lakh and INR 3.5 lakh for passenger and cargo categories respectively and their initial procurement will be for deployment in Bengaluru and Delhi.
IISc develops indigenous tech to produce hydrogen from biomass
- July 13, 2022
Source: Deccan Herald
A team of researchers at the Indian Institute of Science (IISc) has developed a technology to produce hydrogen from biomass, marking what the developers called a significant step forward in extracting green hydrogen. The two-step process developed by the IISc researchers involves conversion of biomass into syngas, a hydrogen-rich fuel gas mixture, using oxygen and steam, and generation of pure hydrogen from this mixture using a low-pressure gas separation unit.
Delhi government launches WhatsApp Chatbot to answer queries on electric vehicles
- July 11, 2022
Source: NDTV
From how to procure e-vehicles to their price range and incentives, the Delhi government's Whatsapp chatbot can answer all possible queries of people of the city looking for information on electric vehicles. The government has collaborated with Whatsapp for the chatbot.
Green mobility: Bhubaneswar smart city to ply 50 electric buses soon
- July 11, 2022
Source: ET Auto
In an effort to reduce pollution, electric buses will ply on the roads of the smart city from the end of July 2022. Ten such buses are currently on a trial run. The Capital Region Urban Transport (Crut), that runs the Mo Bus services, said that within six months 50 electric buses will be added to the current fleet of 255 conventional (diesel) buses running in the twin cities of Bhubaneswar and Cuttack with a daily shuttle to pilgrim to Puri.
Chhattisgarh government approves electric vehicle policy to encourage adoption of EVs
- July 11, 2022
Source: Business World
Under the Chhattisgarh State Electric Vehicle Policy-2022, the government will establish a vast network of charging stations and swappable battery stations in government and private buildings. The government has set a target of five years and aims to have 15% of new registrations of vehicles, either under individual use or commercial use as EVs till 2027.