Media
E-buses expected to account for 8-10% of new bus sales by FY25: ICRA
- August 19, 2021
Source: The Economic Times
E-buses are expected to account for 8-10 per cent of new bus sales by FY25 and the segment is likely to be at the forefront of India's electrification drive thereby witnessing healthy traction, according to ratings agency ICRA. Despite the overall stress in the public transportation segment over the past year and a half due to the pandemic, the traction in the e-bus segment is already visible over recent months, ICRA said in a statement.
EV charging station market to reach USD 93 billion by 2027: Report
- August 18, 2021
Source: The Economic Times
The global Electric Vehicle Charging Station (EVCS) market has been fuelled by increasing demand for electric vehicles around the world, a growing awareness of environmental conservation and carbon emission reduction. The sector has seen a substantial increase in the number of participants investing across the supply chain as different firms aim to set up improvised company plans and procedures, says a recent report by Astute Analytica.
Mahindra World City, EVRE ink pact to get 1,500-acre commercial township electric vehicle ready
- August 15, 2021
Source: The Economic Times
Mahindra World City, Chennai has entered into a partnership with electric vehicle (EV) charging and battery swapping solutions provider EVRE to enable EV-readiness for the country's first public-private partnership (PPP) commercial integrated township spread over 1,500 acres.
MoRTH amends two schemes to boost battery-operated vehicles
- August 11, 2021
Source: The Economic Times
The Ministry of Road Transport and Highways (MoRTH) has amended two schemes to facilitate the operation of battery-operated and methanol and ethanol-driven vehicles. In the Rent-a-Cab Scheme, 1989, in paragraph 1, in clause (3), after the words and figures ―section 88 of the Act, the following shall be inserted, namely: - ―and the battery operated motor cabs and motor cabs driven on methanol and ethanol exempted from the provisions of section 66 of the Act," the MoRTH said in notification issued on August 5.
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.
1,04,806 electric vehicles registered in 2021; 5,17,322 over last three years: Centre
- August 10, 2021
Source: Business Today
The Ministry of Heavy Industries has announced that 1,04,806 electric vehicles (EVs) have been registered in the country during 2021 (till July 19). The Ministry added that a total of 5,17,322 electric vehicles have been registered in the country over the last three years as per the e-vahan portal.
IIT-Madras readies first indigenous motors for e-rickshaws
- August 06, 2021
Source: The Times of India
India’s thrust for electric vehicles got a leg up with an unit inside IIT Madras developing motors and sub-assemblies indigenously and signing agreements with manufacturers for commercial usage. The first of the motors with design details will be delivered on August 15. The Centre for Battery Engineering and Electric Vehicles Research has developed a range of motors and sub-assemblies for commercial deployment.
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.
Electric vehicles to be exempted from registration certificate fees in India: MoRTH
- August 04, 2021
Source: News18
The Ministry of Road Transport and Highways (MoRTH) has issued a notification to exempt battery-operated vehicles from the payment of fees for issue or renewal of registration certificate. In a statement, the ministry said it has also exempted battery-operated vehicles from the payment of fees for the assignment of new registration marks.