Industry
Kerala at the forefront of e-vehicle adoption: Targets a million public transport EVs by 2022edit
Every other day, we see/hear the electric vehicle heat gaining rapidly. Some new rule or another EV manufacturer hawking its wares almost always is in the news. Kerala though has gone one step ahead. God’s own country is targeting one million electric vehicles on the road by 2022.
Opinion: Will Budget 2019 unveil incentive for automobile industry?edit
In the interim Budget for fiscal year 2019-20, there were major announcements for farmers, workers and the middle class people, but limited incentives for corporates. However, in the interim Budget speech, the Finance Minister said: “India will lead the energy revolution in the world with the electric vehicles.
Budget Expectations of Automobile Industryedit
The automobile sector is severe need of support from the Government in this year’s budget as auto sales are at an 18 year low. The slowdown in automobile OEMs is having a cascading effect on auto ancillary as well as the metal industry which in turn affecting the overall GDP growth story as it contributes over 7% in the total GDP.
Govt mulls phased rollout of EV programme, metros first in the listedit
In order to push electric vehicles (EV) in the country amid opposition from the powerful auto lobby the government is mulling a phased rollout of the EV programme. NITI Aayog, the government think tank, which is framing policies for the same, has proposed to allow sell of only electric three-wheelers by 2023 and two-wheelers with engine capacity of up to 150cc by 2025. This proposal has seen resistance from auto companies.
To Develop Infrastructure For Electric Vehicle Users, Govt. Giving Incentives To Manufacturersedit
After multiple policies for bringing in electric vehicles to the country, Indian government’s think tank – Niti Aayog will now be working towards setting up the required infrastructure for the EVs. For the same, the ministry of heavy industries will soon be announced incentives for such infrastructure.
Road map for electric vehicles in India revisitededit
The NITI Aayog and Rocky Mountain Institute recently released a comprehensive document on India’s electric mobility transformation which assesses progress made till date and analyses the possible impact of FAME-II (Faster Adoption and Manufacture of Hybrid and Electric Vehicles).
International
EU requires carmakers to add fake engine noises to electric carsedit
Electric vehicles have been hailed as part of the answer to the climate crisis, but for some people they represent a new danger. Pedestrians can struggle to hear quiet electric and hybrid vehicles coming, which presents a particular risk for blind and visually impaired people.
Electric cars grab almost half of sales in oil-producing Norwayedit
Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation retains its top global ranking in electric vehicle sales.
Why Toyota is investing $2 billion to develop electric vehicles in Indonesiaedit
Toyota will bolster its electric efforts by investing 28.3 trillion rupiahs ($2 billion) to develop electric vehicles (EVs) in Indonesia over the next four years, according to Reuters. The investment will initially focus on developing hybrid vehicles and eventually transition to developing full EVs, though Toyota did not provide specific details.