Specific
Industry
India needs ‘EVs for Clunkers’ plan to clean up its polluted air fasteredit
EVs for Clunkers can achieve three important objectives for the government: accelerate EV’s sale, providing demand certainty to companies and boosting EV makers’ confidence; pull lakhs of polluting vehicles off the roads, helping clean up the air faster; and widen the EV buyers’ club.
2-wheeler electri?cation: challenges and opportunitiesedit
To this end, the socalled FAME II (Faster Adoption and Manufacturing of Electric Vehicles) policy was an nounced for a period of three years with e? ect from April 2019. The total amount allocated over this period is ? 10,000 crore, most of which is to be disbursed as a ‘demand incentive’.
Autoshcokedit
Considering that automobile manufacturing accounts for about a half of overall manufacturing GDP in India (SIAM estimates), the Centre’s EV plan could cause a tec tonic shift in the industry, trigger ing massive job losses, factory shutdowns and other crises. In dia’s auto industry is among the largest in the world, with sales of 51 lakh units minus twowheelers in 201819 (over 2.62 crore including twowheelers).
Interactive: India’s new mobility storyedit
The NDA government has proposed a two-phase transition to electrical vehicles (EVs) to bring down vehicular pollution in India’s town and cities. In the first phase, beginning 2025, it wants two- and three-wheelers with internal combustion engines (ICE) to be replaced with electric two- and three- wheelers with engine capacity of up to 150cc.
India’s Diesel Demand Set for Detour as Drivers Switch to Gasolineedit
India’s strong diesel demand growth is decoupling from the car market as motorists increasingly turn to gasoline vehicles, leaving it more reliant on patchy demand from construction and heavy industry. A slowdown in demand growth in India, one of Asia’s biggest diesel guzzlers, could add to a persistent glut of diesel in the region, fuelled in part by strong exports from China, and put pressure on regional refining profit margins.
Future is electric- Sustainable, affordable and technology driven mobility for every Indianedit
Electric Vehicles (EVs) is the latest buzz in the automotive industry. Consumers, industry bodies and major automobile giants alike are anticipating the electrification of the sector while numerous start-ups have cropped up across the length and breadth of the country to turn the electric dream into a reality.
Nearly 400,000 electric vehicles in India, UP leads race, Delhi at 2nd spotedit
Electric vehicles are slowly, but evidently, becoming the flavour of the season. The Narendra Modi government has set an ambitious target of converting 15 per cent of the total vehicles in the country to electric by 2024. But how many electric vehicles do we even have currently? According to the transport ministry, nearly 400,000 registered electric vehicles run in India, reported The Times of India.
Competition
Hero Electric looks at fivefold expansion in output capacityedit
Hero Electric, one of the largest electric scooter manufacturers in India by sales, plans to expand its capacity from 100,000 units per annum at present to 500,000 units as the demand for electric two-wheelers is expected to rise significantly in the coming years.
Customers forgotten in rush for electric vehiclesedit
EV shift is never 100 percent at the same time any where in the world. It is never like 100 percent vehicle has turned electric suddenly. For example, Volkswagen has announced that by 2035, 50 percent of its vehicle sold in China will be electric. So, that is 15 years time frame and only 50 per cent.
Greaves Cotton hikes stake in EVs maker Ampere Vehicles to 81.23%edit
Manufacturer of diesel engines, generators and pump sets, Greaves Cotton has increased its stake in Coimbatore-based electric vehicle (EV) manufacturer Ampere Vehicles from 67.34% to 81.23% by investing an additional amount of ₹38.49 crore. The said amount is invested in acquiring 25,73,529 equity shares of Ampere Vehicles through primary and secondary purchase.
International
The UK government wants to fit all new homes with charging points for electric carsedit
The UK government unveiled plans which could see all new-build homes fitted with electric-car charging points. The plans, which were laid out in a consultation published Monday, would look to support what the government described as “the growing uptake of electric vehicles within the U.K.”
One Electric Vehicle Is Outselling All The Others Combinededit
The compact Tesla Model 3 is not only the most popular electric vehicle in the industry, over the first six months of 2019 the automaker delivered more of them to customers than all the other EVs sold in the U.S. put together. According to data compiled by the website InsideEVs.com, 67,650 Model 3s were sold from January through June.