ELECTRI VEHICLES
India not to tailor policy for Tesla, all global EV makers welcome in India: Piyush Goyal
India is attracting EV players amid Beijing-Washington tensions. The government rolled out production-linked incentives for advanced chemistry cells and components. The UK seeks customs duty concessions on EV exports to India. The Economic Survey 2022-23 estimates India's EV market will create five crore jobs by 2030. Tata Motors is a leading player in passenger EVs.
Banks for including electric vehicles, green hydrogen in priority lending
Banks are of the opinion that bringing such loans under priority lending list will help plug financing gaps in these sectors and help lenders meet their priority sector lending targets. Last month, the Indian Banks' Association (IBA) set up a committee to investigate various aspects of sustainable financing and lending with Environmental, Societal and Governance (ESG) issues in focus.
Realty developer Migsun ties up with ElectriVa for EV charging stations across projects
Currently its projects are located at Noida, Greater Noida, Raj Nagar Extension, Ghaziabad and Lucknow. Recently, the company has taken up the development of a stuck project under Project Management Consultancy model in Greater Noida.
ElectriVa to set up 12 charging points in Kanpur
“We have a target of providing EV charging facilities in top 100 cities of the country in the next one year. We are already the largest player in Delhi and NCR. In the next three years, ElectriVa will set up, operate and maintain more than one fourth of total EV stations in India,” said Sumit Dhanuka, Founder, ElectriVa.
Starting June 1, Delhiites can charge their EVs free of cost from noon to 3pm
The move is aimed at promoting the use of electric vehicles and also to incentivise EV charging at public stations, authorities said. This initiative of free afternoon charge to EV users is being taken up by an EV charging startup ElectriVa, which has set up over 40 public charging stations in partnership with the three civic bodies.
EV charging startup ElectriVa in talks to raise $30 million
ElectriVa is currently among the leading independent EV charging station operators in India. The company was setup earlier this year by New Delhi based entrepreneur Sumit Dhanuka who has a background in renewable energy.
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EVC global seeking angel funding to install 10,000 electric vehicle charging stations
"We are seeking angel funding of USD 1 million to begin the journey with fast DC charging stations for quick fuelling service for the vehicles," EVC Global Founder Mohammed Afaq Khan told PTI.
ElectriVa to set up one lakh charging points; budget to give EV charging infrastructure a massive push
The vision is to have an ElectriVa charging point every 20 kilometers, said the company's founder Sumit Dhanuka. “We are going to install an electric charging point every three kms in Delhi and at all key locations. The same will be replicated across all metros,” he said.
Haryana’s EV policy to create infrastructure in office parks, housing societies
According to experts, the increased popularity of electric vehicles is likely to have a direct link with the real estate sector due to the development of charging infrastructure and the resulting demand for space. As per the draft policy, to create an entire ecosystem of EV manufacturing in the state, the government plans to allocate 100 to 200 acres of land for developing EV parks with plug-and-play internal infrastructure, common facilities, and necessary external infrastructure.
ElectriVa to install EV charging stations at 100 locations in Delhi
Talking about ElectriVa’s revenue model, Dhanuka said that the company will be focusing on the core revenue aspect which is the charging fee. However, it will also be exploring several non core revenue streams-given the availability of key locations. The EV startup is yet to raise any funding. Dhanuka said that at the current scale, the business is likely to be self sufficient. However, in the long run the company may look at raising funds.
EV charging station makers see rise in demand from realtors
"The EV market has been growing on the back of a government push. But now more people also want to move to environmentally friendly modes of transportation, and that's visible from the demand we are getting from housing societies and RWAs, " said Sumit Dhanuka, founder, ElectriVa, a leading EV charging startup.
Renault goes back to the future in an electric acceleration
Renault Chief Executive Luca de Meo said it planned to launch 10 electric cars by 2025 and that all-electric vehicles would account for up to 90% of Renault models by 2030, dropping its reliance on hybrids to hit the target under a previous plan.
Renault raises targets for share of electric vehicles
Unveiling a new plan for electric vehicles (EVs), Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025 and that new, purpose-built electric car platforms would allow it to deliver vehicles at a lower cost.
Renault aims to produce 400,000 vehicles a year at new French electric hub
Renault, which is looking to produce fewer and more profitable cars under its new boss Luca de Meo, is grappling with rising competition in the market for electric cars, an area where it had an early lead but bigger rival Volkswagen is catching up.
Delhi to get fast-charging e-vehicle stations by next month
State-run EESL plans to set up 84 facilities by the end of March at some locations in the NDMC area
Tata Power seeks to tap Delhi EV charging as demand growth slows
Lack of charging infrastructure has been one of the biggest hurdles to India’s ambitions to ensure more electric vehicles on its roads.
Stocks in the news: YES, HDFC Bank, Jaypee Infratech, Jet Airways and Indiabulls Housing
Here’s a list of stocks, which may hog limelight in today’s session.
NTPC signs MoUs with seven vehicle aggregators like Ola, Zoom Car
NTPC signs MoUs with vehicle aggregators Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for development and utilization of public charging infrastructure.
India's own silicon valley: Bangalore 3.0 could shape the country's IT and innovation future
The corresponding numbers today are 9 lakh, 27 lakh and Rs 1.35 lakh cr. This is more than the combined numbers of Chennai and Hyderabad.
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