Mention
BS Best B-school Project Awards: Solving problems using cutting-edge toolsedit
Projects on efficient distribution of citywide electric vehicle charging stations, a budgetary tool for C-level executives, and a method for bringing about efficiency in network equipment logistics in telecom industry that resulted in crores of savings were among the winners of the Business Standard Best B-School Project Award 2018.
Industry
India’s electric vehicle success story will ride on two wheelsedit
They year 2018 was the year for electrics. Cumulative electric vehicles (EVs) on road crossed the four million-mark and the Tesla Model 3 became the best-selling premium vehicle, delivering over 1,40,000 vehicles in the year. According to the latest Global Electric Vehicle Outlook published by the International Energy Agency, China has around 250 million electric two-wheelers, with annual sales of 30 million.
Delhi govt nod to 1,000 electric buses, to hit streets by year endedit
The Delhi government Saturday cleared a proposal to roll out 1,000 electric buses in the capital, in the most ambitious push towards electric mobility in the country’s public transportation so far. The low-floor air-conditioned buses,which will be procured and operated by private players,will be rolled out in phases, an official statement said.
FAME-II will help commit investments in EV: Auto industryedit
Automobile industry players Friday said the government’s announcement of Rs 10,000-crore FAME-II scheme brings clarity and policy stability, and will provide a big fillip to popularisation of electric vehicles in India. Industry bodies SIAM, SMEV, along with companies like Mahindra & Mahindra and Tata Motors, lauded the phase-II of Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) saying it will create an environment for all players to commit investments on the journey of sustainability.
Competition
FAME II scheme Puts Electric Vehicles in the Fast Lane: Mahindraedit
Mahindra & Mahindra (M&M) has said that the FAME II scheme has removed policy uncertainty in the electric vehicles (EV) segment, a move that would encourage more manufacturers to launch environment-friendly vehicles in the country. The Mumbai-based company, which is at the forefront of electric vehicle (EV) segment in the country, said the scheme puts electric vehicles in the fast lane.
International
Geneva Auto Show: Electric Revolution Might Start Before Europe Is Readyedit
Geneva 2019 is yet another auto show where we’re told the electric revolution is about to start, but we find out when we get there that it’s been delayed until next year; guaranteed. This time though it might have begun, but the Chinese will be there first.
German carmakers to invest 60 billion euros in electric cars and automation: VDAedit
Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show. “We will invest over 40 billion euros in electric mobility during the next three years, and another 18 billion euros will be invested in digitisation and connected and automated driving,” VDA president Bernhard Mattes said in a statement on Saturday.