Mention
Why two wheels are better than four in India’s electric vehicle pushedit
in early March, in the parking garage of a Bangalore office building, I hopped onto the back of an Ather 450, a slick electric two-wheeler with lime accents and a molded white body.
Buggies to fill last-mile neighbourhood gapsedit
Introduced by the city-based Maini Group, buggies were first used primarily for closed, in-campus commute in hospitals, big corporates and educational institutions. The big shift came when these electric vehicles were launched in 19 railway stations across the country. The Bengaluru City KSR station was among them.
Industry
New FAME2 guidelines to hike e-scooter prices by Rs 10k-Rs 20Kedit
Electric scooters have become Rs 10,000-Rs 20,000 more expensive overnight as the government has tweaked the subsidy scheme for these vehicles. The new stringent FAME2 guidelines have effectively left out 90%-95% of the electric two-wheeler market from the subsidy net. This means an electric two-wheeler in the affordable segment, which earlier cost around Rs 70,000, will now cost anywhere between Rs 80,000 and Rs 90,000.
FAME II Shock: More Than 95 Percent Of Existing Two Wheelers In India Ineligible For Incentivesedit
With the centre giving nod to the second phase of the Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles (FAME) scheme towards the end of February, a considerable amount of budget has been denoted as subsidies for electric two-wheelers.
Top 5 Electric Vehicle Makers In Indiaedit
Tata has already started preparing for the coming time. The time to come is of electric vehicles. This lineup includes: Tata Tigor EV, Tata Tiago EV, Tata Nano EV (Jayem Neo) and Tata E Vision.
International
China’s electric vehicle sales will continue boom despite subsidy cuts, Fitch saysedit
Booming growth in China’s electric vehicle (EV) market won’t slow because of Beijing’s drastic reduction in subsidies, according to Fitch Ratings. Electric car sales in China jumped almost 62% in 2018 to 1.3 million vehicles, according to China’s Association of Automobile Manufacturers. The same organization sees electric vehicle sales hitting 1.6 million this year.