Recent study indicates transition to EVs will be slow
A recent analysis by global supplier SEG Automotive based on the IHS Markit data shows the worldwide change toward emobility will be slower than expected. IHS Markit is a London based analysis company. According to SEG, based on that report even on a global scale only a fraction of total cars manufactured are forecast to be pure battery electric by 2025.
Electric Vehicles Will Be Cheaper Than Combustion Vehicles In Three Years, Says Amitabh Kant
Electric vehicles will become cheaper than combustion vehicles in three years as the price of battery packs of EVs is expected to fall by almost 51 percent per unit, NITI Aayog Chief Executive Officer Amitabh Kant said on Thursday.
EESL partners with BHEL for EV charging network
Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), to set up a network of public charging infrastructure for electric vehicles at various highways across the country, informed the company in a release on Thursday.
Convert diesel buses to run on CNG & LNG; cut operational costs, Gadkari tells STCs
By Dipak K Dash
We will financially support innovations and research in the sector. I will also ask the automobile manufacturers to bring in new technologies, like the electric mobility card used for a bus ride. We can save much both in diesel and tickets, he said.
Budget 2020: Five key trends having huge impact on Indian automotive industry
Abolish the customs duty of 5% on Lithium ion cells to promote local manufacturing of the batteries in the country. This will further reduce cost of electric vehicles and accelerate its adoption Incentive for lithium ion battery manufacturing for EV applications
BEST to procure 300 new electric buses and hire women drivers for the services
The department of Brihan Mumbai Electricity Supply and Transport (BEST) has decided to hire women drivers for the electric buses it intends to add to its flock in the next six months. On Wednesday, the BEST committee, which manages the governance of the transport and electricity distribution wing of BMC, approved a proposal to procure 300 new electric buses for the city and hire women drivers to run some of these buses as per a Central policy.
What Does Indian Auto Industry Expect From Budget 2020
Also unlike the conventional automobile sector, financing has been a major concern for EV industry as Nationalised banks are currently not offering any financial help over electric vehicles. I think if the government solves the financing issue, it will aid in meeting the target of E mobility 2030 set by the government.
Extracting Lithium
The solution seems simple, move the electricity grid to renewables and replace private gas guzzlers with electric vehicles (EVs). The key to both of these Batteries. This is where things get complicated.
Budget 2020 expectations: Dedicated fund for EV technology development needed, says Manish Rathi, RailYatri
Rathi said that there is a growing need to invest more towards promoting the manufacturing of electric vehicles with greater than 500 kms run on single charge. Source Reuters. The Modi government should announce a dedicated fund for the development and research of electronic vehicle technology in the upcoming budget, believes Manish Rathi, CEO & cofounder, Intrcity by RailYatri.
300 ebuses to hit Mumbai roads
BESTs fleet strength will go up by 300 electric buses, being procured for Mumbai under FAME2 (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) scheme/subsidy of the Central government.