Media
Government announces an ambitious plan to bolster the electric vehicle (EV) ecosystem
- February 01, 2024
Source: Press Information Bureau
In a transformative move towards sustainable transportation, Union Minister for Finance & Corporate Affairs, Ms Nirmala Sitharaman announced an ambitious plan to bolster the electric vehicle (EV) ecosystem while presenting the Interim Budget 2024-25 in Parliament today. This strategic initiative focuses on both manufacturing and charging infrastructure, aiming to fortify and broaden the landscape for electric vehicles.
Electric vehicles pilot launched for rural women entrepreneurs
- February 01, 2024
Source: Orissa Diary
Small Industries Development Bank of India (SIDBI) and Natural Resources Defense Council (NRDC), in collaboration with Self-Employed Women’s Association (SEWA) have launched a first-of-its-kind rural e-mobility demonstration pilot supporting women entrepreneurs. The pilot aims to increase transportation equity, improve air quality, and enhance rural livelihoods through the adoption of EVs.
Interim Budget 2024: Govt to expand, strengthen EV ecosystem by supporting manufacturing & charging infrastructure
- February 01, 2024
Source: India Today
The government has announced that it will expand and strengthen the electric vehicle (EV) ecosystem in the country by supporting manufacturing and charging infrastructure. The government will also encourage the greater adoption of electric buses for public transport networks through a payment security mechanism.
India's electric two-wheeler sales surge 34.42% in Q3 FY 24, anticipation high for FAME III scheme
- January 31, 2024
Source: The Economic Times
India's electric two-wheeler market has seen a significant sales increase in Q3 FY 24 compared to Q2 FY 24, indicating robust growth. There was an 11.16% year-on-year growth in Q3 FY 24 compared to the same period in the previous fiscal year (Q3 FY 23).
EV push: FAME-III scheme set to power electric buses this Union Budget
- January 23, 2024
Source: Business Standard
The third phase of the FAME (Faster Adoption and Manuf–acturing of Hybrid & Electric Vehicles) scheme, expected to be proposed in the upcoming Union Budget, is likely to give a boost to electric buses. From INR 3,209 crore in FAME-II, the allocation for e-buses is likely to rise to INR 4,500 crore under FAME-III.
Cobalt-free batteries could power the next generation of electric vehicles
- January 23, 2024
Source: Technology Networks
A new battery cathode material, developed by chemists at the Massachusetts Institute of Technology (MIT, could provide a more sustainable option for powering the next generation of electric cars.
Odisha clears incentive package for JSW Group’s electric vehicle, battery plants
- January 22, 2024
Source: Hindustan Times
The Odisha state cabinet approved a special incentive package for the Sajjan Jindal-led conglomerate JSW Group’s electric vehicle and component manufacturing projects in Naraj, Cuttack and Paradip, saying they involve a combined investment of INR 40,000 crore, hold the potential to create 11,000 jobs and “usher in a new era of industrial growth and job creation in the state”.
BPCL partners with TCPL to boost electric vehicle adoption in Uttar Pradesh
- January 15, 2024
Source: BNN
Bharat Petroleum Corporation Ltd. (BPCL) has formed an alliance with Trinity Cleantech Private Ltd. (TCPL) to accelerate the adoption of electric two-wheelers and three-wheelers in India. The two companies have embarked on an ambitious three-year agreement, with an option to extend for two additional years, that will see them establish direct current fast charging points across the Indian state of Uttar Pradesh.
PMI delivers 50 e-buses to Uttar Pradesh
- January 15, 2024
Source: The Financial Express
PMI Electro Mobility has delivered 50 e-buses to Uttar Pradesh, which will ply in Ayodhya. These e-buses manufactured by PMI Electro Mobility will ply within the city limits and facilitate visiting dignitaries, pilgrims, and local citizens with the sustainable, and comfortable modes of public transport complementing the green transport mission at Ayodhya to reduce air pollution.
Assam launches India's first 100% Electric Bike Taxi Service via 'Baayu'
- January 08, 2024
Source: ET Auto
The Assam government has launched 'Baayu,' an app-based electric bike taxi service that is an innovative and forward-thinking sustainable mobility initiative of the state government-run Assam State Transport Corporation. The app-based electric bike taxi service was flagged off recently in the state capital Guwahati.