Media
Budget 2022: EV stakeholders welcome battery swapping policy and interoperability standards
- February 02, 2022
Source: YourStory
In the Union Budget 2022 speech, Finance Minister Ms Nirmala Sitharaman made a slew of forward-looking announcements for electric vehicles (EVs) — including battery swapping policy, creating special mobility zones, thematic funds for sunrise sectors, and government contribution for R&D in sunrise opportunities.
Battery swapping policy will boost adoption of EVs, especially for public transport and goods mobility
- February 01, 2022
Source: The Economic Times
The electric vehicle (EV) industry will get a big push, especially on the public transport front with the formulation of a Battery Swapping Policy that was announced in the Union Budget, as it provides an affordable solution to the critical issue of range anxiety. Making a provision for interoperability standards in the policy will allow the EV industry to collaborate and speed up the process of developing a battery swapping network in the country.
Budget 2022: Automotive sector expectations and the shift to electric mobility
- January 31, 2022
Source: The Times of India
The automotive sector is seemingly sitting on the cusp of an oncoming electric revolution. However, transitioning from fossil-fuels to electric mobility is not easy and will require a strong focus from the government.
India's largest EV charging station opened at Delhi-Jaipur National Highway in Gurugram
- January 28, 2022
Source: The Economic Times
India's largest electric vehicle (EV) charging station with a capacity of 100 charging points for 4 wheelers, was opened recently at Delhi-Jaipur National Highway in Gurugram. The new EV charging station has been developed by tech-piloting company Alektrify Private Limited.
10k public buses in Delhi by 2023, 75% new vehicles electric
- January 26, 2022
Source: Hindustan Times
Delhi will have a fleet of nearly 10,000 buses for public transport, with 75% electric buses among the newly inducted vehicles, by mid next year, transport minister Mr Kailash Gahlot said. The city currently has 6,894 buses, of which 3,761, including one electric bus, are with the Delhi Transport Corporation (DTC) and 3,133 are operating under the cluster scheme.
IIT researchers develop new tech for charging electric vehicles which costs half the current one
- January 23, 2022
Source: The Economic Times
According to the team, the lab scale development has already been done at IIT (BHU) and upgradation and commercialisation was in progress. The technology will be completely indigenous and will have a significant impact on driving electric vehicles on Indian roads in a big way.
CESL invites bids to acquire 5580 electric buses
- January 22, 2022
Source: Construction World
State-owned Convergence Energy Services Ltd (CESL) floated tenders to acquire 5580 electric buses to be deployed across five main cities. The bid, which also comprises 130 double-deckers, is worth around INR 5500 crore. The buses will be deployed in New Delhi, Bengaluru, Hyderabad, Surat and Kolkata in the first phase.
SDMC identifies 226 e-charging spots
- January 22, 2022
Source: The Times of India
Working on the central government’s stipulation that at least one e-charging station for electric vehicles should be available in a 2x2km grid, South Delhi Municipal Corporation has identified 226 feasible locations and hopes to install most charging stations by the end of the current financial year.
Delhi: DTC to get 1500 e-buses as part of mega tender for 5400 vehicles
- January 21, 2022
Source: The Times of India
Delhi Transport Corporation (DTC) is going to roll out 1500 electric buses in the national capital as part of the biggest-ever tender for electric buses to be launched by Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL). CESL has announced the floating of a request for proposals for 5450 single-deck and 130 double-decker e-buses aggregated across five major cities.
Niti Aayog proposes to include EVs in RBI's priority-sector lending guidelines
- January 21, 2022
Source: The Economic Times
NITI Aayog, in its report on EVs with Rocky Mountain Institute (RMI) and RMI India, said that banks and non-banking financial companies (NBFCs) in India have the potential to achieve an electric vehicle (EV) financing market size of INR 40,000 crore by 2025 and INR 3.7 lakh crore by 2030.