ELECTRIC VEHICLES
Retrofitting of inter-city diesel buses can generate over 50,000 jobs
Dr. Charan Singh and Davinder Sandhu emphasize the economic and environmental benefits of retrofitting. It offers a pragmatic solution for sustainable urban transport, driving economic revitalization and environmental improvements. Retrofitting leverages existing infrastructure while transitioning towards cleaner mobility, showcasing tangible progress in achieving sustainability goals.
Roadmap to EV 30@30: How can India achieve this ambitious target
India's climate change strategy includes the EV30@30 initiative, aiming for 30% of new vehicle sales to be electric by 2030. This transition enhances air quality, reduces oil dependence, and fosters economic growth. While challenges like limited commercial EV options and charging infrastructure persist, government incentives and rising private investments are accelerating EV adoption.
How financing is turning out to be a bigger roadblock for EVs
Electric vehicle financing presents varying rates across different vehicle types, with banks and NBFCs playing a crucial role in offering competitive options. Understanding the evolving landscape of interest rates and the influence of factors like EV batteries is essential for customers looking to finance their electric vehicles effectively.
Tata Motors has a Rs 18,000 crore EV plan, reveals MD Shailesh Chandra
Tata Motors is eyeing 30-40 per cent sales from EVs by FY30 and is planning to spend about Rs 18,000 crore to develope an ecosystem for the electric vehicle business. Over the next two years, the company has scheduled for launch Curvv EV, Curvv ICE ( internal combustion engine) and Sierra EV.
BGauss RUV 350 electric scooter launched: Specs, variants, and prices revealed
The top-spec RUV 350 Max model offers advanced features like hill-hold assist, a fall detection system, and turn-by-turn navigation, making it a comprehensive and innovative choice in the EV market.
Budget 2024: Tata Motors expects policy continuity in electric mobility
Tata Motors expects policy continuity in the upcoming Union Budget and calls for more players in the charging infrastructure space for faster adoption of electric mobility in India. The new NDA government is expected to present the Union Budget next month, with GST and PLI schemes already in place.
Explainer: What's behind Volkswagen's USD 5 billion EV software bet on Rivian?
The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting of Herbert Diess. Shifting from combustion engine to electric cars requires expertise in areas where historically Volkswagen has little experience, from charging to batteries to software.
iVOOMi S1 Lite electric scooter launched, priced Rs 54,999 onwards
Experience the iVOOMi S1 Lite with its advanced features, powerful motor, and versatile battery options, providing a budget-friendly and efficient electric scooter for your daily commute.
VinFast making a tiny EV for about Rs 8 lakh to change its fortunes. Is it coming to India?
Designed specifically for the Vietnamese and other Asian markets, the VF3 is priced for "mass appeal", according to VinFast. The VF3 might also appeal to Indian families looking for a compact car with a range suitable for getting around in India's crowded cities.
Silveline Power signs agreement with SRAM Group for hydrogen-based vehicles
Silveline Power has entered into a USD 135 million licensing agreement with SRAM & MRAM Group for hydrogen fuel-based electric vehicle technology. This agreement aims to develop new technologies for the electric vehicle ecosystem and its ancillary supply chain, with plans to amortize the cost over five years.
Revving up: Fuelled by PLI, Indian automakers eye global EV space, targeting Europe & other developed markets
Indian auto manufacturers are seizing the export opportunity in the electric vehicle (EV) market, driven by increasing demand for cleaner mobility in developed countries and government support. Companies like Maruti Suzuki and Hero MotoCorp are gearing up to export their EV models to Europe, leveraging India's frugal manufacturing capabilities. With India's production-linked incentive scheme and alignment with global standards, automakers aim to challenge Chinese dominance in the EV sector and establish India as an EV export hub.
Electric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility
Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1 electric scooter in European countries, and TVS Motor is expanding to the European Union with its electric scooter iQube.
Canada considers imposing import tariffs on Chinese EVs
Canada is considering imposing import tariffs on Chinese-made electric vehicles (EVs). Deputy Prime Minister Chrystia Freeland stated on Monday that the government will seek the public's opinion on the matter starting July 2.
Scepticism drives EVs to a disadvantage over ICEs when it comes to financing
India navigates the financing challenges of electric vehicles (EVs) amidst climate change fervor. While electric passenger vehicles (e-PVs) benefit from competitive rates akin to Internal Combustion Engine (ICE) vehicles, e-two-wheelers face higher rates due to brand and credit profile variances. EV financing sees cautious optimism amid evolving battery concerns and nascent resale markets, with recent rate adjustments by banks and non-banking financial companies (NBFCs)
BIS introduces new safety standards for EVs in India
Bureau of Indian Standards (BIS) introduces safety guidelines for electric vehicles in India, focusing on powertrain components. New rules, IS 18590: 2024 and IS 18606: 2024, aim to enhance safety in L, M, and N vehicle categories.
How to maximise your electric vehicle's battery lifespan: Tips and tricks
Maximizing the lifespan of EV batteries is crucial for cost-effectiveness and environmental sustainability. Essential tips include avoiding deep discharges, regular use, and proper charging practices.
Uber's electric vehicle service, Uber Green arrives in Kolkata
Uber launched its electric vehicle service, Uber Green, in Kolkata, offering users on-demand EV rides across the city, including to and from the Kolkata International Airport. The initiative aims to improve air quality in the city and reduce carbon emissions. Uber plans to provide zero-emission services globally by 2040, with approval from the Science Based Targets Initiative. Uber India and South Asia President, Prabhjeet Singh, highlighted the company's commitment to expanding green transportation options in India.
Expired Delhi EV Policy yet to get extension
The Delhi Electric Vehicle (EV) Policy, which expired on December 31 last year, has not been extended as planned, leaving customers without government subsidies for new e-vehicle purchases. Initially set to be extended until June this year, the policy's extension was approved by the Delhi cabinet in March but delayed due to the Model Code of Conduct during the Lok Sabha polls. Officials are finalizing the new Electric Vehicle Policy 2.0, aiming to incentivize vehicle retrofitting, which is costly.
U.S. electric vehicle maker Fisker files for bankruptcy
The bankruptcy filing by U.S. electric vehicle maker Fisker comes after failed deal talks with a major automaker, resulting in the company facing the consequences of a rapid cash burn to deliver its 'Ocean' SUVs in the U.S. and Europe. Fisker Group Inc, a subsidiary of the company, sought Chapter 11 bankruptcy protection, citing estimated assets between $500 million to $1 billion and liabilities ranging from $100 million to $500 million.
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