Media
15% electric vehicles in Himachal by 2025
- March 03, 2022
Source: The Tribune
The Himachal Pradesh Transport Minister has said that the state government has set up a target to replace 15 per cent of vehicles in Himachal with electric vehicles by 2025. The key objective of the state EV policy is to make Himachal a global hub in electric mobility and manufacture of electric vehicles and to create public and private charging infrastructure for such vehicles.
Hyundai to launch 17 EV models by 2030
- March 03, 2022
Source: Saur Energy International
South Korean auto giant Hyundai has planned to come up with at least 17 complete electric vehicle (EV) models by 2030. The plan is to ensure a robust EV line up and stay afloat in the view of tough competition from rival EV makers in the global market. According to the company, it looks to capture a 7 percent market share in the global EV market. In absolute numbers, Hyundai wants to sell more than 1.8 million electric vehicles every year on an average by 2030.
Goa government notifies charging infrastructure policy for electric vehicles
- February 27, 2022
Source: The Times of India
The Goa state government has notified the Goa EV Concessional Charging Infrastructure Policy 2021, paving the way for EV charging stations across the state. It will also boost sales of electric vehicles
Niti Aayog to roll out EV battery swapping policy in four months
- February 26, 2022
Source: The Economic Times
Niti Aayog plans to roll out a ‘battery swapping policy’ – which will give electric vehicle buyers an option not to own its battery thereby bringing down the upfront cost and fast-tracking EV adoption – in the next 3-4 months. The proposed policy will introduce disruptive business models such as battery as a service (BaaS), leasing, etc. so that electric two-wheeler and three-wheeler customers need not own the battery, which is about 50% of the total vehicle cost, bringing down the upfront vehicle cost much below the ICE counterparts.
Electric vehicle charging stations expand 2.5 times in 9 mega cities in India
- February 19, 2022
Source: The Economic Times
Additional 678 public EV charging stations were installed between October 2021 and January 2022 in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai. About 940 of India's 1640 public EV chargers are located in these cities.
PPP is critical for strengthening EV infrastructure in semi-urban and rural areas
- February 16, 2022
Source: The Financial Express
Public-Private-Partnership (PPP) model seems a viable option where government engages and encourages private players to supply charging infrastructure in semi-urban and rural areas. To achieve the EV30@30 target the government will have to take private players together and help them create a seamless charging infrastructure on the roads leading to villages of India.
Fuelled by state policy, sales of EVs in Delhi gather steam
- February 15, 2022
Source: Hindustan Times
According to the Delhi transport department, sales of EVs increased by about 136% over January 2021 to 3,404, with sales of two-wheelers, for the first time, surpassing those of e-rickshaws. The sharp rise (753%) in sale of electric two-wheelers is significant. Of the 13.4 million registered vehicles in the national capital, 7.4 million are two-wheelers, and a major contributor to vehicular emissions in the city.
Under 20% spent on Centre’s EV scheme
- February 14, 2022
Source: Mint
The government has spent around ₹1,400 crore so far out of the ₹10,000 crore allocated under the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme, according to Mr Arun Goel, Secretary in the Ministry of Heavy Industries. The FAME-II scheme, designed to support the electrification of public shared transport and help create charging infrastructure, was supposed to end on 31 March 2022 but has been extended by two years till 31 March 2024, as it was unable to create the anticipated consumer demand for electric vehicles.
Chandigarh administration approves city's first electric vehicle policy
- February 14, 2022
Source: News 18
The policy will incentivise the adoption of a wide arena of electric vehicles including electric bicycles, two-wheelers, three-wheelers, electric cargo vehicles as well as four-wheelers, passenger and commercial. The incentives will be over and above the central government’s FAME II subsidy and customers who want to avail have to register their vehicle in Chandigarh.
EV charging stations to be built at all Delhi government offices
- February 10, 2022
Source: Indian Express
According to a Delhi government statement, the stations will be ready in three months. The idea is to popularise EVs among government officials who can charge their vehicles while at office. The single window process can be used to install EV chargers from DISCOM-empanelled vendors at low tariffs.