- November 20, 2020
Source: ET Auto
Emerging markets switching from petrol and diesel engines to electric vehicles (EVs) could save $250 billion annually and slash expected growth in global oil demand by as much as 70 per cent. Analysing the International Energy Agency's business as usual emissions scenario, the analysis of EV cost trends by industry watchdog Carbon Tracker found that half of that growth is forecast to come from China and India.
- November 18, 2020
Source: Hindustan Times
Europe is taking unprecedented steps to phase out gasoline and diesel cars and bring an end to the almost 150-year-long era of the internal combustion engine. UK’s 2030 ban on cars lacking a plug and Germany’s four-year extension of subsidies for electric vehicles (EVs) reflect the carrot-and-stick approach governments are taking to getting auto companies to embrace batteries. Regulatory pressure has helped EVs seize a greater share of passenger-car sales in Europe than any other developed auto market in the world.
- November 18, 2020
Source: The Financial Express
Electric vehicle startup Pure EV are set to significantly expand its manufacturing base to a larger facility with an annual capacity of 2 lakh electric vehicles (EV) and battery manufacturing capacity of 5 GWh in comparison with the existing capacities of 20,000 EVs and 0.5 GWh, respectively. This will be achieved with a new 2 lakh sq.ft. the manufacturing plant, which the company intends to commission during 2021 to meet the anticipated growth in the Indian electric vehicles and Lithium battery market. The company said it targets to sell close to 10,000 units of its soon-to-be-launched high-speed long-range model Etrance Neo in the first one year alone. The new model slated for a December 1 rollout, will be available first in Hyderabad.
- November 16, 2020
Cheaper maintenance, lower operational and life-time costs along with installation of key infrastructure like battery-swapping stations have prompted two-wheeler shared rental startups to increasingly transition to electric vehicles (EVs). Mobility start-ups such as Bounce, Vogo and Rapido, among others, are actively looking to include a bigger component of EVs in their respective fleets.
- November 12, 2020
Source: The Pioneer
In recognition of Delhi’s electric vehicle policy, the Delhi government participated and shared its vision for a clean, green future of mobility at the UNFCCC ‘Race to Zero Dialogue: Launching the global race to zero-emission mobility' held on November 11, 2020. The dialogue was organised by the Climate Group in collaboration with the UN high-level climate champions and the UK COP26 presidency. Along with Delhi, two other states also shared their experiences and vision for EVs. Governor Gavin Newson represented the State of California, USA and Izaskun Goñi Razquin, a senior official from the Government of Navarra, Spain.
- November 10, 2020
Source: The Times of India
With the aim of considerably cutting down on carbon emissions and give a fillip to sustainable mobility, the state government has given its nod for an electric vehicle manufacturing unit in Bagalkot district, the first-of-its-kind in North Karnataka. A proposal submitted by Balan Engineering Pvt Ltd to set up the electric vehicle manufacturing unit in Bagalkot district had been approved by the government.
- November 09, 2020
Source: Business Standard
India could save on crude oil imports worth over INR 1,07,566 crore ($14.1 billion) a year if electric vehicles (EVs) were to garner 30 per cent share of new vehicle sales by 2030, according to a study released today by the Council on Energy, Environment and Water (CEEW). But this transition could also give rise to a combined annual value-added loss in the oil and the automobile sector of about INR 2 trillion ($25 billion).
- November 09, 2020
Source: The Indian Express
Delhi’s new Electric Vehicle (EV) policy is garnering attention internationally with the state government being invited to take part in a series of dialogues organised by The Climate Group in collaboration with the UN High-Level Climate Champions and the COP26 Presidency. The event, ‘Race to Zero Dialogues: Launching the global race to zero-emission mobility’, which will focus on climate change, will be held virtually from November 9-19. Delhi is among the four cities in the world to have been invited to share their experiences.
- November 06, 2020
Source: Money Control
Electric vehicles (EVs), batteries and charging equipment could be brought under the standardisation and labelling (S&L) programme of the government to define their efficiency using the star-rating method. The Bureau of Energy Efficiency (BEE), a government agency under the Ministry of Power, has been tasked to form the S&L programme for the EV industry. It could provide star ratings to EVs, batteries and supply equipment (EVSE) that would look similar to energy ratings given to 26 appliances and equipment under the S&L programme by BEE.
- November 05, 2020
Source: PV Magazine
A joint research by KPMG and the Confederation of Indian Industry (CII) expects India to see a gradual, phased adoption of electric vehicles. The market penetration will be the fastest in the three-wheeler segment, followed by electric buses, two-wheelers and then passenger taxis. The report expects electric vehicles to account for 65-75% of new sales in the three-wheeler segment and 25-35% in two-wheeler in 2030.The report states India’s battery manufacturing plans to face challenges due to the lack of key raw materials like lithium and cobalt within the country.