Industry
Why India’s cabs will likely go electric before its private cars doedit
India’s top automakers are steering away from polluting diesel models, but the real push towards cleaner electric vehicles is coming from the country’s cab aggregators.
Power thieves drain India’s electric-car hopesedit
Dirty air has finally become an issue in Indian election manifestos, along with perennial subjects such as temple-building and farmers’ incomes. That shouldn’t be a surprise: Even politicians can’t escape air pollution, which has reduced life expectancy in areas near the capital New Delhi by more than 12 years.
India Can Save Rs 4.15 Lakh Crore Per Year On Oil Imports Starting 2030 Says CIIedit
The promotion of electric vehicles in India has been in full swing for the past few years. Several Indian authorities are to be thanked for this. This encouragement towards electric drivetrains, however, can further be propelled through additional measures, says CII (Confederation of Indian Industry) in a recent statement.
Centre to invite bids for 40GW battery plantsedit
The government is considering a plan to establish battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives, an official said.
Competition
200 electric two-wheeler dealers staring at closure, include those of Hero Electric and Ampere Vehiclesedit
As many as 200 dealers of electric two-wheelers including Hero Electric and Ampere Vehicles are planning to wind up operations in the next few months, impacted by falling demand owing to lower subsidy under the FAME-II scheme. Experts said the closure of these dealership would effectively lead to a job loss of around 1,200 people.
The Diesel Car Has Run Into A Dead End In Indiaedit
Small and mid-sized diesel cars in India may be headed for a dead end as rising fuel prices and new emission norms to curb world’s most toxic air make them less lucrative for buyers.
International
Chilean Lithium Prices Decline Even as Demand Soarsedit
Lithium export prices from the world’s second-largest producing nation fell in the first quarter, marking the first decline for the mineral that is key to electric vehicle batteries since at least 2014.