June 13, 2019

Mention

India’s Potential to Lead on Climate Change Helped by Entrepreneursedit

Entrepreneur

Entrepreneurs and businessmen have been India’s greatest asset since independence, not just as accelerators of economic growth but a key pillar of social leadership. As individuals with foresight and a mission-driven life, they have worked to create economic value and address social challenges.

Yamaha’s New Electric Scooter Has A Feature That Makes It Perfect For Indiaedit

India Times

Yamaha has been a big name in the two-wheeler industry since forever. But when it comes to those driven on electric motors, Yamaha does not have too much to offer. The company now aims to change that, with the debut of its new electric scooter – Yamaha EC-05.

Industry

Ujjivan Small Finance Bank forays into EV financingedit

Financial Express

Banks and financial institutions have long been reluctant to finance electric vehicles (EV). Manufacturers of EV have struggled with this and it has impacted their growth as well as adoption. Sensing a gap and need in the market, Ujjivan Small Finance Bank has entered the space.

Govt to get 1st electric car for chief secy under pilot projectedit

The Times of India

The state government will get its first electric car for the chief secretary for a month as part of a pilot project on June 14. A public-sector undertaking, Energy Efficiency Services Ltd (EESL), has set up a car charging unit at the at the exit of the first floor of the underground parking at the secretariat on Wednesday.

Delhi gets its first electric car charging stationedit

India Today

Delhi Power Minister Satyendar Jain has inaugurated Delhi’s first electric vehicle smart-charging station at South Extension Part 2. The Aam Aadmi Party-led Delhi government said that by next year, 50 such stations will be set up by the BSES.

Dream or nightmare? Why India should postpone its electric vehicle plans for ten yearsedit

The Times of India

Most discussions on electric vehicles (EVs) focus on benefits and sidestep serious questions. For example, do we know if a faster adoption of EVs would be in India’s interest? Is the currently used EV technology robust enough? Will EVs make us dependent on China?

International

Yes, Electric Cars Will Be Cheaperedit

Forbes

Mention electric cars today and most people picture a high-end Tesla and the price tag that comes with it. Electric vehicles (EVs) do still cost more to make than their gas-powered competitors, but a combination of key policies and market expansion can quickly tip the scales in favor of EVs — making them a powerful tool to reduce climate change, improve air quality, create jobs, and save a truckload of money on the road to a cleaner future.

Battery exchanges would drive shift to electric carsedit

Financial Times

Your excellent analysis of the problems associated with charging electric vehicles omits perhaps the most obvious solution to the problem (June 11). Why do we not ensure from the start that all batteries are compatible, and can be easily swapped at existing service stations?

A year ago, China’s electric vehicle sales grew 126%. Now they’re at 2%edit

Quartz

Sales of new energy vehicles (NEVs) were only up 1.8% in May—or 104,000 units— compared with a year earlier, according to data released (link in Chinese) today by the government-backed China Association of Automobile Manufacturers.

Sweden’s Electric Car Boom Is Under Threat From Power Crunchedit

Financial Express

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities. An increase in government grants sent sales of electric cars surging by 253% in the first five months this year, but the rally could be over before it’s really started.

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