Media
Centre sanctions INR 800 crore under FAME II for fast charging stations
- March 28, 2023
Source: Entrepreneur India
The EV charging stations from OMCs would be of the CCS-II type with a capacity of 50 KW and above, offering efficient and fast charging for EV owners, especially for those looking for on-the-go top-up charging. The ministery for heavy industries have announced the sanction of INR 800 crore under FAME India Scheme Phase II to the state-owned oil marketing companies (OMC) - Indian Oil Corporation, Bharat Petroleum Corporation Ltd., and Hindustan Petroleum Corporation Ltd. - for setting up 7432 public fast charging stations across the country.
US, Japan reach agreement on vital minerals for electric vehicle batteries
- March 28, 2023
Source: Business Standard
Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to diversify supply chains and reduce reliance on China for strategically important resources. The deal is expected to help electric vehicles using metals processed in Japan qualify for tax incentives under US's Inflation Reduction Act.
What are e-fuels, and can they help make cars CO2-free?
- March 22, 2023
Source: The Economic Times
Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. The EU rules would require all new cars sold from 2035 to have zero CO2 emissions, making it effectively impossible to sell new fossil fuel-powered cars.
Meghalaya gets electric trains for first time
- March 17, 2023
Source: India Today
Meghalaya has got the electric train for the first time after the Northeast Frontier Railway (NFR) has commissioned the 22.82 km track of Dudhnai-Mendipathar railway line. The Central Organization for Railway Electrification (CORE) carried out the electrification works in these sections.
At 8.3%, Delhi shows highest EV penetration, Burari greenest RTO
- March 13, 2023
Source: The Times of India
Delhi has shown the highest electric vehicle (EV) penetration in India at 8.3% between April 2021 and September 2022, a study by the Council on Energy, Environment and Water (CEEW), has shown. The study, called the Greening India's Automotive Sector, found that the Burari RTO is the greenest in India. Between April 2021 and September 2022, 46.38% of sold vehicles registered were EVs.
Tamil Nadu plans plug-and-play model at proposed EV park in Hosur
- February 28, 2023
Source: Deccan Herald
Keen to attract more investments in the burgeoning electric vehicles (EV) sector, Tamil Nadu has almost completed work on acquiring land for the state’s first EV park of 300 acres in Shoolagiri on the outskirts of this industrial city and plans to offer a plug-and-play business model for those setting up their units.
How lithium reserves can speed up India's electric vehicle dream
- February 27, 2023
Source: ET Energy World
As India gears up to boost electric vehicle (EV) adoption, the massive find of lithium reserves in the country has brightened up the prospects for the country in the field of EV battery cell manufacturing. According to the Council on Energy, Environment and Water, the country will require Rs 33,750 crore of investment to meet its domestic lithium-ion battery manufacturing target of setting up 50 GWh of lithium-ion cell and battery manufacturing plants.
Tamil Nadu's new EV policy offers incentives for manufacturers, users
- February 14, 2023
Source: Business Standard
Tamil Nadu will encourage electric vehicles (EV) by offering incentives to manufacturers, customers and charging-infrastructure providers, announcing a new policy after seeing investment interest of around Rs 24,000 crore in the last five years.
Punjab government approves Electric Vehicle Policy
- February 09, 2023
Source: E-vehicle Info
The Punjab EV Policy 2022 seeks to encourage the use of electric vehicles in cities including Ludhiana, Amritsar, Jalandhar, Patiala, and Bathinda, which account for more than 50% of the state of Punjab’s total vehicle traffic.
Government nearly doubles allocation under FAME-2 subsidy scheme
- February 03, 2023
Source: The Economic Times
Reinforcing its push towards green mobility, the government has nearly doubled its budgetary allocation for the FAME (Faster Adoption and Manufacturing of Electric vehicles) scheme to subsidise the purchase of EVs.