Mention
ETAuto GABS witnessed industry leaders discuss global automobile trends & their impact on Indiaedit
ETAuto Global Auto Business Summit 2018 held here recently witnessed the automobile industry’s top leaders, policy makers and stakeholders discussing the global automobile trends and their impact on India, the future of mobility, building brand India on global turf, Make in India 2.0, and the role of startups & innovators in disruptive environment.
Mahindra Electric partners SmartE for last-mile connectivityedit
Mahindra Electric Mobility and SmartE, an electric vehicle owner and aggregator operating in Delhi-NCR, today signed a Memorandum of Understanding(MoU) for deploying electric vehicles for last-mile connectivity in India. As per the MoU, SmartE will introduce the first 1,000 Mahindra Treo and Treo Yaari electric three-wheelers in the Delhi-NCR region by March 2019. The company also plans to deploy a total of 10,000 Mahindra electric three-wheelers across the country by 2020. The MoU was signed by Mahesh Babu, CEO, Mahindra Electric and Goldie Srivastava, co-founder and CEO, SmartE in New Delhi.
Industry
Govt to Levy Green Tax on Fossil Fuel Cars to Provide Subsidies on EVsedit
The government of India, reportedly, is planning to impose a green tax on petrol and diesel cars to boost the adoption of electric vehicles (EV) in India. It is planning to utilise the tax to provide subsidies on the purchase of electric cars. It is in talks to lower down its financial implications coming out of subsidising EV buyers.
India will ‘overachieve’ Paris commitments: Expertsedit
At a time when there is a call for all countries to do more to fight climate change, India is telling the world at the ongoing UN climate negotiations, COP24, that it is in a position to comfortably overachieve its Paris climate change commitments, and will do more. India had committed that by 2030, as much as 40 per cent of its installed energy capacity will be non-fossil fuel based.
Competition
Powering eco-friendly transport in Hyderabadedit
“Our goal is to accelerate the growth of sustainable transport by bringing compelling electric vehicles to market” said Hyderabad- based Raja Gayam, CEO of Gayam Motor Works (GMW) which manufactures e-Autorickshaws and e-Bicycles to make future of transportation smart and electric. The brother’s duo, Raja and Rahul Gayam, has launched India’s first electric smart auto powered by Li-Ion battery in 2015.
International
ChargePoint to equip Daimler dealers with electric car chargersedit
ChargePoint, one of the world’s biggest operators of charging equipment for electric vehicles, has struck a deal to supply Daimler retailers with slow and fast chargers. The move, part of the Silicon Valley-based firm’s foray into the European market, comes only two weeks after a $240 million funding round, its biggest ever, in which Daimler – already an investor – took part via its trucks and buses unit.
BMW and Porsche Just Beat Tesla to Three-Minute Chargeedit
BMW AG and Porsche unveiled a charging station that can jolt electric vehicles with enough power to drive 100 kilometers (62 miles) in less than three minutes, pushing ahead of Tesla Inc. in the race to make battery-powered cars more convenient. The ultra-fast prototype charger has capacity of 450 kilowatts, more than triple Tesla’s Superchargers. Test vehicles developed to take that much power were recharged to 80 percent capacity in 15 minutes. Tesla’s stations need about 30 minutes for a similar charge, according to its website.