Industry
Centre to BMTC: Issue e-bus supply order by February 28 or lose subsidyedit
The Centre on Wednesday issued an ultimatum to the Bangalore Metropolitan Transport Corporation (BMTC) to issue supply order to the bidder to induct electric buses in the city by February 28, failing which it will miss out on the Rs 74.8-crore subsidy sanctioned for the initiative.
Supportive framework for EV transition “imperative”: ICRAedit
Rating agency ICRA Thursday said a supportive framework for electric vehicle transition was imperative and a clear roadmap on faster adoption on hybrid and electric vehicles would help auto-component indusry to firm up investment plans. According to the agency’s report ‘Indian Auto Component Industry, the Way Forward’, incentives for taking up research and development investments and a supportive framework for electric vehicle transition was “imperative”.
Transport sector can become all electric-driven by 2030: EV expertedit
Electric vehicles are the future and with the help of innovative approaches, Indias transport sector can become all electric-driven by the year 2030, an EV expert and professor of IIT Madras has said. Professor Ashok Jhunjhunwala at a lecture in the Indian Institute of Management, Calcutta on Tuesday suggested innovative alternative solutions for electric vehicle technology adoption and called for the application of Internet of Things (IoT) to get the maximum out of batteries.
Policy on energy storage will help bring in investments: AES Executivesedit
India must set out a clear policy around energy storage, much like what it has done for renewable energy, for investments to start coming into what could be at least a $15 billionmarket, top executives of US-based AES Corporation and Fluence Energy said. A stable policy that spells out targets for adding storage capacity will help the localisation of technology where India can emerge as a supplier for South Asia, they said.
Competition
Guenter Butschek says environment & safety need to be top priority for automobile industryedit
At a recent event in Mumbai, Guenter Butschek, global CEO, Tata Motors, spoke to his audience about mobility solutions and how the auto industry is at a crossroads. While he says that India is the hub of start up culture, which he found extremely encouraging, Butschek suggests that engineers in the coming years will have to face a whole new set of challenges; with environment and safety being at the forefront.
Pune Deploys 25 Electric Buses For 7 Routes Across The City With Same Fares As For The Ordinary Onesedit
Pune has become the latest Indian city to join the growing list of regions in the country having a fleet of electric vehicles in their public transport system. This, all thanks to the 25 new electric buses which have recently been deployed by the Pune Mahanagar Parivahan Mahamandal Limited (PMPML).
We Installed EV Chargers In Our Office And Here’s How They Power Our Travel Needs Nowedit
Transportation has been making a shift to a battery powered future across the world. India is no different, with the Indian government having set a goal for 2030 to have 30 percent of the vehicle fleet run on an electric drivetrain. Following the suit, we decided to embrace the changing times and lo and behold! We installed EV charging stations in Times Internet Limited office campus.
International
Canadian Electric Vehicle Maker Surges 220% – and the Rally Is Still Goingedit
A tiny Canadian company with a mission to bring in the biggest disruption to the auto industry since Ford Motor Co’s Model T, has started grabbing investor attention. Vancouver-based ElectraMeccanica Vehicles Co. is building a fully electric three-wheeler, meant for solo driving and aimed at commuters and for last-mile delivery runs.
Electric car sector crying out for fast-charging sites, industry body saysedit
Infrastructure Australia has proposed a national rollout of fast-charging sites for electric cars as one of its most pressing investment priorities over the next 15 years. Under the proposal, fast-charging sites would be established along the national highway network for use by truck companies and private drivers as part of efforts to boost the amount of fuel-efficient cars on the road.
France’s Macron unveils plan to give electric battery industry a joltedit
France will invest 700 million euros ($790 million) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers’ reliance on dominant Asian rivals, President Emmanuel Macron said on Wednesday.