Industry
IRDAI okays insurance for e-vehicles, quadri-cycleedit
Insurance regulator IRDAI has approved a third-party motor premium increase of 4.4% for bikes and 12% for cars. The regulator has also introduced two new categories — electric vehicles and a quadri-cycle, an upcoming segment for intra-city shared mobility. The revised Motor Third-Party Liability Insurance premiums for two-wheelers, cars and taxis will be effective from June 16.
India’s Biggest Ever Move For Electric Vehicles: Govt. Allots Rs 2,500 Crore For 5,000 E-Busesedit
To push the use of electric vehicles through the state transport authorities in India, the central government is planning to deploy 5,000 electric buses across the country. For the same, the centre asked for proposals from these departments on Tuesday.
EESL partners with AMC to promote EV infra in Ahmedabadedit
Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India on Wednesday has entered into a partnership with Ahmedabad Municipal Corporation (AMC), an urban local body established under Gujarat Municipal Provincial Act, to establish enabling infrastructure for Electric Vehicles (EV) in AMC area over a 10-year period.
Need proactive policy to boost electric-powered public transportedit
In a welcome move, the Centre has sought proposals from state transport departments for the deployment of 5,000 electric buses, under Phase-II of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme, so as to boost green public transport.
Competition
MG Motors to make electric cars in Indiaedit
MG Motors, a subsidiary of China’s SAIC, said on Wednesday its global electric vehicle MG eZS will be manufactured at the company’s Halol facility in Gujarat.
Mahindra Electric in talks with global players to supply electric vehicle powertrainsedit
Mahindra Electric is in talks with global automotive manufacturers to supply electric vehicle powertrains, according to a top company official. The company, a part of the Mahindra Group, will start supplies of such electric vehicle parts to group firm Ssangyong Motor, by early 2021.
Subrata Roy’s Sahara enters EV market: Sahara Evols to sell electric two, three-wheelers and cargo vehiclesedit
It is introducing a network of battery charging-cum-swapping stations. Starting from Lucknow, Sahara Evols will establish its ecosystem in the country’s tier-II and III cities by the end of this financial year, in a phased manner. Subsequently, in the next financial year, it will roll out its products and services pan-India.
Jagual Land Rover, BMW to partner for electric vehiclesedit
Automobile giants Jaguar Land Rover (JLR) and BMW Group will collaborate to develop electric vehicles and the concerned technology in the segment, according to a regulatory filing by Tata Motors, the owner of JLR.
Blu Smart all-electric mobility platform launched in Delhi-NCRedit
On the eve of World Environment Day, Gensol Mobility, a subsidiary of Ahmedabad-based renewable energy services provider, Gensol Group, launched its all-electric ‘Blu Smart’ mobility platform in Delhi-NCR, in association with Mahindra Electric. The service, which is the first of its kind in India, bundles together services like ride hailing, car sharing and shared charging into a single platform.
International
Standardise batteries on electric vehiclesedit
Richard Snape says drivers should be able to exchange a depleted battery for a fully charged one at a service station. Plus Adrian Townsend questions the wisdom of recommending a new Oxford-to-Cambridge motorway.
ASEAN must switch to electric vehicles fasteredit
While electric vehicles (EVs) continue to capture the attention of consumers in ASEAN, policies and subsidies in line with those found in countries leading the switch to EVs will make electric vehicles a more attractive proposition for the region.
Around 5 million tonnes of lithium deposits found in southwest Chinaedit
An estimated 5 million tonnes of lithium deposits have been found in China’s southwestern province of Yunnan, scientists said, potentially curbing the nation’s reliance on imports of the material, used in electric vehicle batteries.