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MG partners with Bharat Petroleum to bolster EV charging infrastructure

  • April 27, 2022

Source: Firstpost

MG Motor India has announced a partnership with Bharat Petroleum Corporation Limited (BPCL) to bolster the EV charging infrastructure across the country. The proposed EV Charging Network with BPCL will facilitate an uninterrupted driving experience for EV users and boost the country's EV manufacturing ecosystem.

Lithium-ion EV battery market likely to exceed 6000 GWh per year by 2030

  • April 25, 2022

Source: HT Auto

The lithium-ion battery market is expected to exceed 6000 GWh or 6 TWh by 2030, owing to the rising demand for electric vehicles across the world, forecasts a report by Benchmark Mineral Intelligence. The forecast is based on the current plans announced by various battery manufacturers.

India to get world’s longest electric vehicle highway by 2022 end

  • April 22, 2022

Source: Business Today

In a major push in the green energy sector, India is likely to get the world's longest electric vehicle highway by the end of 2022. The total length of the project- Atal Harit Vidyut Rashtriya Mahamarg (AHVRM) - will be nearly 500 kilometres.

Draft battery swapping policy released by NITI Aayog

  • April 21, 2022

Source: Times Now

The battery swapping and battery interoperability policy, though applicable for light electric power train vehicles, will focus on electric two-wheelers and electric three-wheelers. It aims to increase interoperability so that EVs of different brands can use publicly available swapping stations. The policy also addresses battery safety and other issues pertaining to the EV industry in the country.

Hero MotoCorp to export EVs to Latin America, European markets

  • April 21, 2022

Source: The Economic Times

Electric vehicles are a focus area for the company, which will introduce its first product in the segment next quarter. Apart from local sales, some of the key geographies for EV products will be Europe and Latin America. Hero MotoCorp has started work on priming strategic markets ahead of the launch of products and  services under its emerging mobility brand ‘Vida.

Chargeup, Microgrid Labs sign MoU to offer technology services to BECIL

  • April 19, 2022

Source: The Financial Express

Chargeup, along with Microgrid Labs has formalized a business engagement with BECIL to be their technology partners. The scope of the consultancy would cover transition planning and design for the Indian and overseas fleet electrification and EV charging infrastructure market using Battery Swapping Technology.

E-mobility platform MoEVing to deploy 5000 more electric vehicles this year

  • April 19, 2022

Source: HT Auto

E-mobility tech platform MoEVing has announced that it is expanding its operation to various Tier II cities in the country including Punjab, Uttar Pradesh, Rajasthan, Gujarat and Tamil Nadu. It plans to deploy 5000 more electric vehicles in these markets this year.

Battery ecosystem in India falls behind EV growth

  • April 18, 2022

Source: DigiTimes Asia

With ever-increasing electric vehicle (EV) sales, India's next question is whether it can establish a battery ecosystem to support the continued penetration of EVs. According to CEEW Center for Energy Finance, the automobile industry would require an estimated annual battery capacity of 158GWh by fiscal 2030.

Honda to launch 30 electric vehicles with $40 billion investment by 2030

  • April 12, 2022

Source: Business Standard

Automaker Honda has announced plans to launch 30 electric vehicle (EV) models globally by 2030 -- a full lineup from commercial-use mini-EVs to flagship-class models -- with production volume of more than 2 million units annually.

Demand for electric vehicles in India picks up exponentially, EV sales triple in FY22

  • April 11, 2022

Source: Zee News

Data gathered by automotive dealers' group FADA shows that sales of electric vehicles in the nation increased by nearly threefold in the previous fiscal year. Two-wheeler dominated the sector. EV retail sales in 2021-22 reached 4,29,217 units, a threefold increase from 1,34,821 units in 2020-21, according to the industry group.