Industry
Tariff of ₹6/kWh to be Applicable on Electric Vehicle Charging Stations in Telanganaedit
Taking another step forward towards propelling the growth of intelligent transportation in the state, the Telangana State Electricity Regulatory Commission (TSERC) has approved a tariff of ₹6.00 (~$ 0.083)/kWh for electric vehicle charging or battery swapping stations.
‘Economics of electric vehicle very good for commercial use’edit
Very few venture capitalists in India would back an electric vehicle startup. Stellaris Ventures is one of them. The fund (over $100 million), was founded by three former partners at Helion Ventures with the idea of investing into technology startups that are solving problems for India.
Competition
Charging electric vehicles anytime, anywhereedit
MOLIB promises to provide on-demand charging for EV users. It also aims to replace diesel generators and help discoms in meeting peak power demand
Mahindra Electric inks MoU with TWU, will roll out 2,000 Treo 3Ws by 2019edit
Mahindra Electric Mobility, which recently opened a brand-new electric vehicle (EV technology facility in Bangalore, has signed an MoU with Three Wheels United (TWU), a social enterprise providing affordable financing for autorickshaw drivers and integrating them with public transportation.
International
Big oil doesn’t like electric vehicle subsidies, just its own giant subsidyedit
You may not have heard, but electric vehicles are just another one-percenter boondoggle, Jay Gatsby’s cream-colored Rolls Royce reincarnated and partly paid for by you, the toiling masses, via various subsidies.
Germany’s Varta Steps Up Plans To Mass Produce Electric Car Battery Cellsedit
German battery maker Varta has sealed a research agreement to lay the groundwork for mass production of lithium-ion battery cells for electric cars as it seeks to take on Asian leaders in the sector.
Nornickel aims to boost output to tap electric car boomedit
The company, which vies with Brazil’s Vale to be the world’s largest nickel producer, has been profitable for years thanks to its resource-rich Arctic operations, but output has been relatively stable due to a decline in metal content in ore and as it focused on revamping production facilities.