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Delhi government to extend EV incentives till March 2024

  • December 28, 2023

Source: Hindustan Times

The Delhi government has decided to extend its electric vehicles (EV) policy for another three months after it expires on December 31, 2023. The policy will be extended until the end of March 2024 after the cabinet approves the extension.

At 13.75%, Chandigarh tops in EV adoption, 3rd time in row

  • December 26, 2023

Source: The Tribune

Chandigarh has set an example by leading in electric vehicle (EV) adoption for the third consecutive month in November. According to the Centre’s dashboard, EV adoption in the city was 13.75 per cent in November. Of the total sale of new vehicles in the UT last month, 13.75 per cent were electric.

Visakhapatnam gets CoE for electric vehicles, first in Andhra Pradesh

  • December 23, 2023

Source: The Times of India

Dr Lankapalli Bullayya College of Engineering and TVS Training and Services entered into a memorandum of understanding to set up a Centre of Excellence for electric vehicles. The Centre will be made operational in the next month.

Total 5,04,012 electric vehicles registered in last 2 years in the months of June to December

  • December 19, 2023

Source: Press Information Bureau

In order to increase the sale of electric vehicles (EVs) in the country, steps taken by the Government include Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India), Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry, National Programme on Advanced Chemistry Cells (ACC) Battery Storage, reduction in GST, and other such initiatives.

E-buses to take 8% share in FY25 bus sales: Crisil

  • December 18, 2023

Source: The Economic Times

The share of electric buses (e-buses) in new bus sales in India is set to double to around 8% in the next fiscal year starting April compared with the year ended in March 2023, according to Crisil Ratings. This surge results from the government's initiatives like the FAME scheme and the National Electric Bus Programme, aiming to make public transport eco-friendly.

Tata Motors unit signs MoU to set up 10,000 EV charging points

  • December 12, 2023

Source: Indian Express

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, has signed MoU with leading charge point operators (CPOs), Chargezone, Glida, Statiq and Zeon, to roll out over 10,000 additional electric vehicles charging points within the next 12-15 months.

Indian company to set up first-ever EV battery recycling plant in UAE: Targets 3,000 tons of Li-ion batteries

  • December 11, 2023

Source: The Times of India

Lohum Cleantech has reached an agreement with the UAE Ministry of Energy & Infrastructure and BEEAH to set up UAE’s first-ever EV battery recycling plant. As part of the agreement, UAE will be utilizing Lohum’s recycling technology in achieving responsible battery waste management in the country and globally.

EV Adoption – Time to up the ante

  • December 11, 2023

Source: ET Auto

It is now important that initiatives and efforts at the city-level are given adequate focus. TERI conducted a city-level readiness and capacity needs analysis on EV planning and deployment action chains. [Sharif Qamar, TERI]

Decarbonization of transport sector essential to reduce GHG emissions, achieve net-zero emissions by 2070: Union Environment Minister Shri Bhupender Yadav

  • December 09, 2023

Source: Press Information Bureau

Decarbonization of the transport sector is essential to reduce the Greenhouse Gas (GHG) emissions and to meet the ambitious target of achieving net-zero emissions by 2070 set by Government of India, Union Minister for Environment, Forest and Climate Change, Mr Bhupender Yadav said. The Minister was speaking at a side event on India- US “Payment Security Mechanism (PSM)” for e buses in India. To achieve the goal of net zero emissions, the adoption of electric vehicles (EVs) plays a crucial role and given that buses serve the mass public, prioritizing electric buses is essential as a significant mode for decarbonizing the transport sector, the Minister went on to add.

Steps taken by the Government to boost domestic manufacturing of electric vehicles and to reduce the country’s dependence on imports

  • December 05, 2023

Source: Press Information Bureau

Government has approved the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components Industry in India to boost domestic manufacturing of Advanced Automotive Technology products and attract investments in the automotive manufacturing value chain with a budgetary outlay of INR 25,938 crores over a period of five years.