Media
NITI Aayog and World Resources Institute India jointly launch ‘Forum for Decarbonizing Transport’ in India
- August 24, 2021
Source: Press Information Bureau
NITI Aayog and World Resources Institute India have jointly launched the ‘Forum for Decarbonizing Transport’ in India as part of the NDC-Transport Initiative for Asia (NDC-TIA) project on 23 August. The project aims at bringing down the peak level of GHG emissions (transport sector) in Asia (in line with a well below 2-degree pathway), resulting in problems like congestion and air pollution. The NDC-TIA India component focuses on developing a coherent strategy of effective policies and the formation of a multi-stakeholder platform for decarbonizing transport in the country.
Total 5,17,322 electric vehicles registered in the country over the last three years, 38 Original Equipment Manufacturers (OEMs) of e-2W, e-3W & e- 4W registered under phase-II of FAME-India Scheme
- August 10, 2021
Source: Press Information Bureau
At present, Phase-II of FAME India Scheme is being implemented for a period of 5 years w.e.f. April 1, 2019 with a total budgetary support of INR 10,000 crores. This phase focusses on supporting electrification of public & shared transportation and aims to support, through subsidies, 7090 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. 38 Original Equipment Manufacturers (OEMs) of e-2W, e-3W & e- 4W have been registered under phase-II of FAME-India Scheme as on August 9, 2021.
JNPT inducts nine electric vehicles
- August 05, 2021
Source: Press Information Bureau
In a major push under green port initiatives and with a vision to achieve sustainability goals, Jawaharlal Nehru Port Trust (JNPT) has deployed 9 electric vehicles for its employees to travel within the port area. India’s premier container handling port, JNPT has been working towards adopting sustainable solutions in its operational area since its inception.
92,393 electric vehicles supported under Phase-II of FAME India Scheme by way of Demand Incentive amounting to about INR 278 cr
- August 04, 2021
Source: Press Information Bureau
6265 electrical buses have been sanctioned to various State/City Transport Undertakings under Phase-II of the Scheme. The Ministry has also sanctioned 2877 electric vehicles (EVs) charging stations amounting to INR 500 crore (Approx.) in 68 cities across 25 states/UTs under FAME India (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India) Scheme Phase II.
Pan-India survey reveals growing willingness among car owners to go electric
- July 29, 2021
Source: Clean Mobility Shift
According to a survey conducted by Clean Mobility Shift, while 79% of the respondents had bought a petrol or diesel vehicle recently, over 60% stated that they plan to buy a semi- or fully electric car in the future. The survey was carried out to gauge consumer mindset when it comes to the purchase of four-wheelers, sampled responses from nearly 500 current and prospective car owners from over 50 cities in the country on driving habits and their rationale when it comes to their choice of vehicles.
Form Energy unveils chemistry of multi-day storage battery technology
- July 22, 2021
Source: Form Energy
Form Energy, Inc., a technology company rising to the challenge of climate change by developing a new class of cost-effective, multi-day energy storage systems, announced the battery chemistry of its first commercial product and a $200 million Series D financing round led by ArcelorMittal’s XCarb™ innovation fund.
Ministry of Road Transport & Highways Issues Draft Notification, proposing to exempt Battery Operated Vehicles (BOV) from payment of fee for issue or renewal of Registration Certificate
- June 01, 2021
Source: Press Information Bureau
The Ministry of Road Transport and Highways has issued a draft notification dated 27th May 2021, further to amend the Central Motor Vehicles Rules, 1989 proposing to exempt Battery Operated Vehicles (BOV) from payment of fees for the purpose of issue or renewal of Registration Certificate and assignment of new registration mark. This has been notified to encourage e- mobility.
Cabinet approves Production Linked Incentive scheme “National Programme on Advanced Chemistry Cell Battery Storage”
- May 12, 2021
Source: Press Information Bureau
The Cabinet has approved the proposal of Department of Heavy Industry for implementation of the Production Linked Incentive Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for achieving manufacturing capacity of 50 Giga Watt Hour (GWH) of ACC and 5 GWh of "Niche" ACC with an outlay of INR 18,100 crore. ACCs are the new generation of advanced storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required.
Volkswagen presents technology roadmap for batteries and charging up to 2030
- March 15, 2021
Source: Volkswagen
The Volkswagen Group presented its technology roadmap for batteries and charging up to 2030 today on its first Power Day. The goal of the roadmap is to significantly reduce the complexity and cost of the battery in order to make the electric car attractive and viable for as many people as possible.
NITI Aayog and RMI India release a new report ‘Mobilising Electric Vehicle Financing in India'
- March 09, 2021
Source: Press Information Bureau
NITI Aayog and Rocky Mountain Institute (RMI) India released a new report ‘Mobilising Electric Vehicle Financing in India’, which highlights the role of finance in the India’s transition to electric vehicles (EVs) and analyses that the transition will require a cumulative capital investment of USD 266 billion (INR 19.7 lakh crore) in EVs, charging infrastructure, and batteries over the next decade. The report also identifies a market size of USD 50 billion (INR 3.7 lakh crore) for the financing of EVs in 2030—about 80% of the current size of India’s retail vehicle finance industry.