Media
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.
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.
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.
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.
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.
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.
North Delhi Municipal Corporation installs 27 e-vehicle charging stations at 20 locations, 15 already working
- April 07, 2022
Source: The Times of India
North Delhi Municipal Corporation installed 27 electric vehicle charging stations at 20 locations and of them 15 stations have already become operational for public usage. A total of 54 locations have been selected for the purpose and these facilities will be established one by one after obtaining all permissions.