Media
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.
Tamil Nadu to have own vehicle scrappage policy soon
- November 22, 2023
Source: The New Indian Express
The Tamil Nadu government is coming out with its own vehicle scrappage policy which will not thrust upon people to adopt electric vehicles and would be a role model for the country. The state Industries Minister said that the policy, which is in the discussion stage, will be inclusive and would cater to all categories of people by offering subsidies to the poor to join the green energy transition.
Tesla to start shipping EVs to India from next year, plant set up also in progress
- November 21, 2023
Source: The Mobile Indian
Tesla, the world’s leading electric vehicle (EV) manufacturer, is set to enter India with a dual strategy of importing cars and setting up a local plant. Tesla is exploring Gujarat, Maharashtra, and Tamil Nadu as possible sites for its manufacturing plant, as these states have well-developed electric vehicle ecosystems and export facilities.
Tamil Nadu to get INR 50,000 cr investments in EV sector by 2025: Minister
- November 21, 2023
Source: Business Standard
Tamil Nadu will by 2025 get around INR 50,000 crore as investments in the electric vehicle (EV) sector, generating around 150,000 jobs, said a senior state minister. The investments will help the state in achieving its sustainable development goals.
India’s inclusive incentive scheme for electric vehicle manufacturing
- November 21, 2023
Source: Manufacturing Today
The Department for Promotion of Industry and Internal Trade is actively involved in intensive discussions at a high level to formulate a scheme aiming to provide subsidies to manufacturers of electric four-wheelers. The focus on local manufacturing not only aims to attract foreign investment but also anticipates benefits such as increased employment opportunities and a reduction in overall car prices.
India unveils ambitious Rs 8,000 crore plan to boost electric vehicle battery production: Report
- November 14, 2023
Source: Business Today
India is set to initiate the bidding process for an approximately Rs 8,000 crore ($960 million) incentive scheme dedicated to the production of electric vehicle batteries, as disclosed in a Bloomberg report. The scheme will mandate successful bidders to establish cutting-edge chemistry battery plants, collectively generating a capacity of 20 gigawatt-hours.
Electric vehicle market set to be on full charge by 2025: ICRA report
- October 31, 2023
Source: Business Standard
Electric vehicle penetration continues to improve at a healthy pace, spurred by government support in the form of subsidies, enhanced awareness, and increasing product launches, according to ICRA’s research. It expects electric bus, two-wheeler and three-wheeler penetration to grow significantly by FY25.
EV cluster in Coimbatore to focus on motor testing
- October 31, 2023
Source: The Hindu
About 150 Micro, Small and Medium-scale Enterprises (MSMEs) in Coimbatore city have come together to form a cluster and take up development, testing, and production of motors for electric vehicles. Southern India Engineering Manufacturers’ Association (SIEMA), Coimbatore District Small Industries Association (CODISSIA), and the Scientific and Industrial Testing and Research Centre (Si’Tarc) initiated the cluster project jointly.
Honeywell strengthens safety for lithium-ion batteries EV workers
- October 30, 2023
Source: Motown India
As the adoption of electric vehicles (EVs) continues to grow, Honeywell has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company’s lithium-ion (li-ion) battery safety sensors help play a crucial role in detecting potential battery fires, which can protect drivers. Additionally, its suite of personal protective equipment (PPE) and gas detection solutions help safeguard workers in EV plants.
New tech can lead to safer EV batteries: Researchers
- October 30, 2023
Source: The Times of India
Researchers have developed a new technology that could enable next-generation electric vehicles (EVs) and other devices that are less prone to battery fires while increasing energy storage. The study, published in the journal Nature, suppresses the growth of lithium dendrites -- damaging branch-like structures that develop inside so-called all-solid-state lithium batteries, preventing firms from broadly commercialising the promising technology.