Media
Government has incentivised 11.53 lakh EVs with subsidies worth INR 5,228 crore under FAME II scheme
- December 28, 2023
Source: India Today
The Union government has incentivised the sale of 11,53,079 electric vehicles (EVs) with subsidies amounting to INR 5,228 crore under the second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme. Various state transport undertakings, city transport undertakings and municipal corporations have placed supply orders for 3,390 electric buses under the FAME II scheme against quantities sanctioned. Out of 3,390 electric buses, 3,037 units have been deployed till now.
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.
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]
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.
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.