Media
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.
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.
Government to pump in additional INR 1500 crore for FAME-II subsidy scheme
- December 03, 2023
Source: Business Standard
The Centre has sanctioned an additional INR 1500 crore for the second phase of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme. This infusion addresses the fears that the allocated funds could run out before the scheme’s deadline in March 2024 due to robust electric vehicle (EV) sales.
Climate TRACE unveils open emissions database of more than 352 million assets, revealing where greenhouse gases are rising and falling worldwide with unprecedented detail
- December 03, 2023
Source: IT News Online/PR Newswire
The Climate TRACE inventory includes every country and territory in the world, every major sector of the global economy, and nearly every major source of greenhouse gas emissions. Major electric vehicle manufacturers Tesla and Polestar have already begun collaborating with Climate TRACE to enhance their emissions data on steel and aluminum suppliers.
Decarbonising mobility: Delhi Government notifies motor vehicle aggregator scheme
- November 30, 2023
Source: The Hindu Business Line
The Delhi government has notified the Motor Vehicle Aggregator and Delivery Service Provider Scheme mandating clear guidelines for transition of commercial vehicles to electric (EVs) along with standards for service quality and public safety. The scheme sets the stage for comprehensive regulation and licensing of aggregators providing passenger transport services and delivery service providers. By 2030, the commercial vehicle fleets of all aggregators, delivery service providers and e-commerce entities in Delhi will go electric in phases.
Premium Indian two-wheeler EV companies eye global foray for growth
- November 28, 2023
Source: The Economic Times
Premium Indian electric two-wheeler makers are accelerating their expansion into international markets in search of growth, even as domestic sales recover from reduced FAME II subsidies, as they look to capitalize on a rapidly growing market for electric vehicles.
E-buses expected to account for 11-13% of new bus sales by FY25: Report
- November 27, 2023
Source: The Hindu Business Line
Electric buses are expected to account for up to 13 per cent of new bus sales by FY2025, according to rating agency ICRA. Many State Electric Vehicle (EV) policies have announced specific targets and timelines for e-bus adoption, thereby creating a road map for electrification, it noted. With significant operational savings vis-à-vis conventional diesel buses, ICRA said it expects the demand for e-buses to continue to rise.