Media
Indian EV industry records INR 25,045 crore investments in last seven months
- August 02, 2021
Source: ET Auto
Collective investment done by e2W, e4W, EV component makers, electric commercial vehicles, and last-mile delivery companies was recorded at INR 25,045.31 crores during January-July 2021. According to a study conducted by the CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be worth USD 206 billion by 2030 if India maintains steady progress to its 2030 target. This would necessarily entail an investment of over USD 180 billion in vehicle manufacturing and charging infrastructure.
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.
Ashok Leyland to transfer complete electric vehicles business to new arm Switch Mobility
- July 28, 2021
Source: The Economic Times
Commercial vehicles major Ashok Leyland is consolidating the entire electric vehicles (EV) business of the group, including UK-subsidiary Optare into a new company called Switch Mobility. The new company will be launching an electric van in India by the end of this year and it will be aimed at commercial vehicle fleet operators.
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.
One of the biggest myths about EVs is busted in new study
- July 21, 2021
Source: The Verge
A new study published by International Council on Clean Transportation (ICCT) lays to rest the tired argument that electric vehicles aren’t much cleaner than internal combustion vehicles. Over the life cycle of an EV — from digging up the materials needed to build it to eventually laying the car to rest — it will release fewer greenhouse gas emissions than a gas-powered car, the research found.
Maharashtra EV policy to accelerate electric vehicle adoption
- July 15, 2021
Source: Express Drives
The policy has set a target of having 10% of new vehicle registered to be electric by 2025, electrification of 25% of public transport and last-mile delivery by the same year. The automotive industry expects the new Maharashtra Electric Vehicle policy to accelerate adoption of electric vehicles and help in developing the charging infrastructure.
Navi Mumbai gets electric vehicle charging station
- July 13, 2021
Source: Hindustan Times
The EV charging station has been set up in Turbhe TTC industrial area, while the sub-centre has been proposed at Sector 13 in Airoli. The charging station has 21 AC/DC EV chargers for both two and four-wheelers. These include four DC fast chargers of 15 to 50 kW capacity and 17 AC chargers of 3.5 to 7.5 kW capacity. There is also provision for vehicles requiring AC slow charging.
Goa to subsidise 11,000 electric vehicles annually for 5 years
- July 12, 2021
Source: The Times of India
As per the draft scheme for promotion of electric vehicles in Goa, every year for the next five years, subsidy will be given to 10,000 two wheelers not exceeding Rs 10 crore per year, 500 three wheelers not exceeding Rs 1 crore and around 500 four wheelers not exceeding Rs 14 crore. The subsidy will be capped at Rs 25 crore annually.
MG Motor India, Fortum set up 50 kW superfast public EV charging station in Pune
- July 09, 2021
Source: The Economic Times
MG Motor India has set up a 50 kW superfast public EV charging station in Pune in collaboration with Fortum Charge & Drive India. The facility can be accessed by anyone who has a Combined Charging System (CCS2)-compliant EV.
Tata Power sets up new fast DC charging station for EVs near Statue of Unity in Gujarat
- July 09, 2021
Source: News 18
Tata Power has installed the first-ever Fast DC electric vehicle (EV) Charger at Kevadia in Gujarat. EV users can access this charger through the Tata Power EZ Charge application. It offers features for EV owners to locate, navigate, book, charge, pay & check the availability of the nearest e-charging stations in real-time.