Mention
Union Budget 2019: Auto Inc Leaders’ Speakedit
The Modi-led NDA government’s last interim budget will be presented in the parliament on February 1. Though, the expectation of a significant announcement is very unlikely but still the Indian auto Inc’s top leaders keenly looking forward for some positive outcome.
Industry
Bescom reiterates that electric vehicles are safeedit
On Monday, an electric vehicle (EV) caught fire in Bagalkot and another car that was right behind was also damaged. According to the Navanagar police of Bagalkot district, a short circuit when the car was being charged is to blame.
Govt cuts customs duty on EV partsedit
Two days before the interim budget, the government on Tuesday slashed the customs duty on electric vehicles (EVs), that are imported in completely knocked-down or semiknocked down state, to 10-15% from 15-30%, making it more attractive to ship the greener vehicles into the country than those run on petrol or diesel, while making imported lithium ion batteries and power banks used with mobile phones more expensive.
Move towards e-mobility will be slow: Geeteedit
Union minister for heavy industries and public enterprises Anant Geete on Tuesday said that the movement towards e-mobility will be slow and there will not be any knee-jerk reaction.
E-mobility in Central Delhiedit
There are now 15 electric vehicles (EVs) for officers at the the Department of Economic Affairs. The department that operates under the Ministry of Finance, Government of India, has signed an agreement with Energy Efficiency Services Limited (EESL), an entity under Ministry of Power, for deployment of the EVs.
Competition
Kia Soul EV handed over to Andhra Pradesh Government: 450 km range and moreedit
Kia Motors India has handed over Soul EV to the Andhra Pradesh Government today. The South Korean automaker has provided the said eco-friendly vehicle at its trial production ceremony at newly opened Anantapur plant in Andhra Pradesh. The Kia Soul EV offers a driving range of close to 450 km and comes based on the Soul hatchback that is currently on sale in multiple international markets.
International
Electric car charging solution could make it easier and cheaper to own oneedit
A UK firm has deployed a new electric car charging technology which could be a solution to an infrastructure problem in Britain. Electric cars are being undermined by the infrastructure that surrounds them, which isn’t developing as quickly as the vehicles are.
Porsche to Offer Free Charging on Its First Fully Electric Vehicleedit
The German automaker said it will provide Porsche Taycan owners with fast-charge services through a partnership with Electrify America when the electric sedan launches later this year. Porsche dealers will also install charging stations for customers to use.
How Didi Chuxing is Driving the Electric Revolution In Chinaedit
Electric vehicles are going mainstream with automobile companies transitioning to eco-friendly alternatives for global consumers. Automobile giants like Tesla, Tata, Maruti and Hyundai have already established several partnerships to give a boost to the global market of electric vehicles.
Indonesia plans electric vehicle incentives for foreign car makersedit
Indonesia is finalizing a new electric vehicle (EV) policy that will offer fiscal incentives to foreign car makers, as it ramps up efforts to become a lithium battery hub, its deputy industry minister said on Tuesday.