Media
DTC Board approves deployment of 1500 electric buses under CESL 'Grand Challenge'
- March 05, 2022
Source: The Economic Times
The Delhi Transport Corporation (DTC) Board has given in-principle approval for the deployment of 1500 electric buses under an initiative of Convergence Energy Services Limited (CESL), paving the way for a clean public transport system in the national capital. Through its 'Grand Challenge' scheme, CESL proposes to deploy 5450 single-decker and 130 double-decker buses in five metros - Bangalore, Delhi, Surat, Hyderabad and Kolkata - in the first phase.
Bihar to have Electric Vehicle Policy
- March 04, 2022
Source: The Times of India
The State transport department is preparing to introduce Electric Vehicle Policy aimed at boosting the economy and reducing air pollution. The policy’s primary objective is to promote e-vehicles in Bihar and establish charging stations through public-private partnerships.
India's largest EV charging station opens in Gurugram
- March 04, 2022
Source: The Economic Times
India's largest electric vehicle (EV) charging station with a capacity of 121 charging points for 4 wheelers, has been opened here in Sector 86. With this EV station, the city has now two of the largest electric vehicle charging stations in the country.
15% electric vehicles in Himachal by 2025
- March 03, 2022
Source: The Tribune
The Himachal Pradesh Transport Minister has said that the state government has set up a target to replace 15 per cent of vehicles in Himachal with electric vehicles by 2025. The key objective of the state EV policy is to make Himachal a global hub in electric mobility and manufacture of electric vehicles and to create public and private charging infrastructure for such vehicles.
Hyundai to launch 17 EV models by 2030
- March 03, 2022
Source: Saur Energy International
South Korean auto giant Hyundai has planned to come up with at least 17 complete electric vehicle (EV) models by 2030. The plan is to ensure a robust EV line up and stay afloat in the view of tough competition from rival EV makers in the global market. According to the company, it looks to capture a 7 percent market share in the global EV market. In absolute numbers, Hyundai wants to sell more than 1.8 million electric vehicles every year on an average by 2030.
Goa government notifies charging infrastructure policy for electric vehicles
- February 27, 2022
Source: The Times of India
The Goa state government has notified the Goa EV Concessional Charging Infrastructure Policy 2021, paving the way for EV charging stations across the state. It will also boost sales of electric vehicles
Niti Aayog to roll out EV battery swapping policy in four months
- February 26, 2022
Source: The Economic Times
Niti Aayog plans to roll out a ‘battery swapping policy’ – which will give electric vehicle buyers an option not to own its battery thereby bringing down the upfront cost and fast-tracking EV adoption – in the next 3-4 months. The proposed policy will introduce disruptive business models such as battery as a service (BaaS), leasing, etc. so that electric two-wheeler and three-wheeler customers need not own the battery, which is about 50% of the total vehicle cost, bringing down the upfront vehicle cost much below the ICE counterparts.
Electric vehicle charging stations expand 2.5 times in 9 mega cities in India
- February 19, 2022
Source: The Economic Times
Additional 678 public EV charging stations were installed between October 2021 and January 2022 in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai. About 940 of India's 1640 public EV chargers are located in these cities.
Government of India to expand Public Electric Vehicle Charging Infrastructure across the nation
- February 19, 2022
Source: Press Information Bureau
The Ministry of Power recently issued the revised consolidated Guidelines and Standards for EV charging infrastructure on January 14, 2022. The Government of India has undertaken multiple initiatives to promote the manufacturing and adoption of electric vehicles in the country. With the considerable expansion in the public EV charging infrastructure, the electric vehicles have started penetrating the Indian market.
PPP is critical for strengthening EV infrastructure in semi-urban and rural areas
- February 16, 2022
Source: The Financial Express
Public-Private-Partnership (PPP) model seems a viable option where government engages and encourages private players to supply charging infrastructure in semi-urban and rural areas. To achieve the EV30@30 target the government will have to take private players together and help them create a seamless charging infrastructure on the roads leading to villages of India.