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10k public buses in Delhi by 2023, 75% new vehicles electric

  • January 26, 2022

Source: Hindustan Times

Delhi will have a fleet of nearly 10,000 buses for public transport, with 75% electric buses among the newly inducted vehicles, by mid next year, transport minister Mr Kailash Gahlot said. The city currently has 6,894 buses, of which 3,761, including one electric bus, are with the Delhi Transport Corporation (DTC) and 3,133 are operating under the cluster scheme.

IIT researchers develop new tech for charging electric vehicles which costs half the current one

  • January 23, 2022

Source: The Economic Times

According to the team, the lab scale development has already been done at IIT (BHU) and upgradation and commercialisation was in progress. The technology will be completely indigenous and will have a significant impact on driving electric vehicles on Indian roads in a big way.

SDMC identifies 226 e-charging spots

  • January 22, 2022

Source: The Times of India

Working on the central government’s stipulation that at least one e-charging station for electric vehicles should be available in a 2x2km grid, South Delhi Municipal Corporation has identified 226 feasible locations and hopes to install most charging stations by the end of the current financial year.

CESL invites bids to acquire 5580 electric buses

  • January 22, 2022

Source: Construction World

State-owned Convergence Energy Services Ltd (CESL) floated tenders to acquire 5580 electric buses to be deployed across five main cities. The bid, which also comprises 130 double-deckers, is worth around INR 5500 crore. The buses will be deployed in New Delhi, Bengaluru, Hyderabad, Surat and Kolkata in the first phase.

Niti Aayog proposes to include EVs in RBI's priority-sector lending guidelines

  • January 21, 2022

Source: The Economic Times

NITI Aayog, in its report on EVs with Rocky Mountain Institute (RMI) and RMI India, said that banks and non-banking financial companies (NBFCs) in India have the potential to achieve an electric vehicle (EV) financing market size of INR 40,000 crore by 2025 and INR 3.7 lakh crore by 2030.

Delhi: DTC to get 1500 e-buses as part of mega tender for 5400 vehicles

  • January 21, 2022

Source: The Times of India

Delhi Transport Corporation (DTC) is going to roll out 1500 electric buses in the national capital as part of the biggest-ever tender for electric buses to be launched by Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL). CESL has announced the floating of a request for proposals for 5450 single-deck and 130 double-decker e-buses aggregated across five major cities.

Charging up

  • January 20, 2022

Source: The Hindu Business Line

India’s EV transition needs to be accompanied by a boost in charging infrastructure. India’s effort to populate the road space with as many electric vehicles as possible — according to NITI Aayog, EVs should account for sales of 80 per cent of two and three wheelers, 50 per cent of four wheelers and 40 per cent of buses by 2030 — must be accompanied by a rapid improvement in charging infrastructure.

Hero Electric, Mahindra Group team up to manufacture electric vehicles

  • January 20, 2022

Source: Business Standard

Hero Electric has struck up a five-year strategic partnership with the Mahindra Group, marking the first such deal between an electric vehicle (EV) maker and a traditional internal combustion engine company. The move comes at a time when EV sales in India have touched a record high. The joint efforts will also help in developing a platform approach to enable electrification of Mahindra’s Peugeot Motorcycles portfolio.

Delhi government signs two pacts to push electric vehicles in city

  • January 20, 2022

Source: The Times of India

The Delhi government has signed two pacts with a central government subsidiary to accelerate the adoption of electric vehicles (EV) in the national capital. While one pact will pave the way for installation of more charging and battery swapping stations at Cluster Scheme bus depots, the other will give loan interest relief to those buying electric autorickshaws, e-rickshaws and carts.

Plan to shift inland waterways, army trucks to methanol in the works

  • January 18, 2022

Source: The Economic Times

The government is working on a plan to use methanol as fuel for inland waterway transportation and in army trucks as part of a strategy to cut dependence on imported fuel. It has initiated talks with Pune-based Deccan Water Treatment Pvt. Ltd. to undertake the conversion of diesel engines so that they can run on methanol. Methanol is a low-carbon, hydrogen carrier fuel produced from high ash coal, agricultural residue, carbon dioxide from thermal power plants and natural gas.