Media
How lithium deposits can build India’s electric vehicle stack
- April 09, 2023
Source: Inc42
The Geological Survey of India’s recent announcement of a find of substantial amounts of lithium deposits in the Reasi district of Jammu is excellent news for India. For the country to own the entire stack for the future of EV mobility, and this lithium discovery in Jammu provides us with an excellent opportunity to help us achieve that.
Tamil Nadu has INR 30,000-cr investment commitments in EV sector
- April 09, 2023
Source: The Hindu Business Line
Locations like Hosur and Krishnagiri in the Western region is emerging as EV manufacturing hub like the Sriperumbudur and Oragadam corridors. Tamil Nadu government is reported to have received commitments for INR 30,000 crore worth of investments in electric vehicle manufacturing and associated segments.
Lithium price drop gives Indians hope for more affordably priced EVs
- April 08, 2023
Source: Construction World
Prices for lithium carbonate, the main ingredient in batteries, have significantly decreased over the past several months, giving industry participants hope that reasonably priced electric cars (EVs) could draw more consumers to the market.
1,400 private EV charging points set up in Delhi in 2022: Govt data
- April 08, 2023
Source: Hindustan Times
At least 1,400 private charging points have been set up across the city, mostly by housing societies, in the last year since Delhi’s charging/swapping infrastructure action plan 2022-25 was rolled out, according to the Delhi electric vehicle (EV) cell.
US, Japan reach agreement on vital minerals for electric vehicle batteries
- March 28, 2023
Source: Business Standard
Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to diversify supply chains and reduce reliance on China for strategically important resources. The deal is expected to help electric vehicles using metals processed in Japan qualify for tax incentives under US's Inflation Reduction Act.
Centre sanctions INR 800 crore under FAME II for fast charging stations
- March 28, 2023
Source: Entrepreneur India
The EV charging stations from OMCs would be of the CCS-II type with a capacity of 50 KW and above, offering efficient and fast charging for EV owners, especially for those looking for on-the-go top-up charging. The ministery for heavy industries have announced the sanction of INR 800 crore under FAME India Scheme Phase II to the state-owned oil marketing companies (OMC) - Indian Oil Corporation, Bharat Petroleum Corporation Ltd., and Hindustan Petroleum Corporation Ltd. - for setting up 7432 public fast charging stations across the country.
What are e-fuels, and can they help make cars CO2-free?
- March 22, 2023
Source: The Economic Times
Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. The EU rules would require all new cars sold from 2035 to have zero CO2 emissions, making it effectively impossible to sell new fossil fuel-powered cars.
Meghalaya gets electric trains for first time
- March 17, 2023
Source: India Today
Meghalaya has got the electric train for the first time after the Northeast Frontier Railway (NFR) has commissioned the 22.82 km track of Dudhnai-Mendipathar railway line. The Central Organization for Railway Electrification (CORE) carried out the electrification works in these sections.
At 8.3%, Delhi shows highest EV penetration, Burari greenest RTO
- March 13, 2023
Source: The Times of India
Delhi has shown the highest electric vehicle (EV) penetration in India at 8.3% between April 2021 and September 2022, a study by the Council on Energy, Environment and Water (CEEW), has shown. The study, called the Greening India's Automotive Sector, found that the Burari RTO is the greenest in India. Between April 2021 and September 2022, 46.38% of sold vehicles registered were EVs.
Tamil Nadu plans plug-and-play model at proposed EV park in Hosur
- February 28, 2023
Source: Deccan Herald
Keen to attract more investments in the burgeoning electric vehicles (EV) sector, Tamil Nadu has almost completed work on acquiring land for the state’s first EV park of 300 acres in Shoolagiri on the outskirts of this industrial city and plans to offer a plug-and-play business model for those setting up their units.