May 31, 2019

Mention

Thinking About Buying an E-Vehicle? We Got an Expert to Clear All Your Doubts!edit

Inc 42

Unsafe, slow, costly and inefficient—e-cars have come under a lot of unearned bias. The compact models are not everyone’s first choice when it comes to choosing a new car for regular use. And yet, for Zarryl Lobo, no other car in the world can compete with his fleet of e-cars.

Industry

India to acquire reserves of strategic minerals to power the country’s move into EVsedit

The Economic Times

India’s move to acquire reserves of strategic minerals like lithium and cobalt to power the country’s move into electric vehicles is all set to become a reality with three state-owned metal and mining companies due to ink a joint venture agreement early next month.

Budget 2019: Assocham seeks incentives for electric vehicles, abolition of MAT, cut in corporate tax rateedit

Financial Express

A group of office bearers of industry body Assocham met revenue secretary Ajay Bhushan Pandey on Thursday to discuss issues for the upcoming budget. Among the prominent points made included abolishing minimum alternate tax (MAT), reduction in corporate tax rate and tax incentives for electrical vehicles.

Tariff fixed for electric vehicle charging stationsedit

The Times of India

For the first time, the Joint Electricity Regulatory Commission (JERC) has fixed tariff plan for electric vehicle charging stations in the city.

Competition

Mahindra’s EV sales rise over 2.5 times to 10,276 units in FY19edit

The Economic Times

Homegrown auto major Mahindra & Mahindra’s electric vehicle (EV) sales grew over two-and-a-half times to 10,276 units in 2018-19, riding on the second phase of orders for electric cars from state-owned EESL.

International

Electric vehicle drivers at risk by charging from home mains supplyedit

The Guardian

An inadequate public charging infrastructure for electric vehicles in the UK is forcing drivers to take risks by opting for highly dangerous alternatives at home, an electrical safety charity has warned.

Germany extends 1.2 bln euro electric car bonus to 2020edit

The Economic Times

Germany will extend for another year a bonus scheme to encourage people to buy electric cars, Die Welt newspaper reported on Thursday, another sign of Berlin’s eagerness to support a sector in which it lags U.S. and Asian rivals.

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