Industry
Charging Station Builders Still Await Clarity As India Pushes Electric Vehiclesedit
India offers tax breaks and subsidy to buyers if they dump fossil-fuel driven cars and scooters and switch to electric vehicles as the nation looks to curb one of the world’s worst air pollution and reduce energy imports. But there’s one missing link.
Bolivia, UK keen to be part of India’s e-mobility storyedit
Williom Hokinson, Acting Deputy High Commissioner, Hyderabad and First Secret ary, British Deputy High Com mission, Mumbai, said: “Sig ni? cant research has gone into electric vehicles in the UK, and there is potential for businesses, academicians and various R&D institutions to collaborate and work to gether as we grow the market for EVs.”
Despite budget sops, EVs may find few takers yetedit
For Bengaluru-based Shubham Jain, 23, switching to an electric vehicle (EV) from a petrol car with an internal combustion (IC) engine (found in almost all cars, buses and motorcycles) has brought down the cost of daily commute considerably. The monthly commuting cost for Jain, who drives about 50km every day, has come down from ₹7,000 (fuel cost) to ₹1,500 (extra electricity bill), roughly.
India’s 2030 electric vehicles target hard to achieve: TERI chiefedit
Electric vehicles could be a better alternative to fuel-based automobiles to mitigate air pollution, but the government’s target to switch to e-vehicles in next 10 years is hard to achieve, TERI said, pointing out that consumers would need time to accept the change. By 2030, the government aims to make India a 100-per cent electric-vehicle nation.
Hyderabad not yet ready for electric vehiclesedit
Even though prices of petrol and diesel continue to rise, the city, it appears, is not ready for e-vehicles.This is evident, as based on the meagre number of e-vehicles in the city, many still do not prefer buying electric vehicles even though they come with multiple subsidies, apart from reducing burden of pollution on the environment.
Cleaner fuel comes at a cost! BS VI to spike petrol, diesel prices by up to Rs 2 per litreedit
Come April 2020, you will have to pay more for petrol and diesel. This hike in cost will be implemented as fuel retailers look to pass on the higher cost of producing Bharat Stage VI-compliant fuel by early next year. Higher fuel costs will help state-run fuel retailers compensate for the investments they pumped in to upgrade their refineries so as to produce the cleaner fuel.
Big boost for electric vehicles as three Lithium-ion companies could set up plants in Telangana soonedit
As part of NITI Aayog’s EV push in the country, three different electric vehicle battery (Li-ion) manufacturers with a combined capacity of 10 gigawatt are expected to set up their facilities in Telangana soon with an investment of Rs 1500 crore in the first phase. Director of Electronics, Telangana, Sujai Karampuri, withholding the names of the companies, said the construction of three different facilities is expected to begin in a month or two and production of the cells would begin between nine to 15 months after that.
Test EVs in a few cities before full-scale adoption: Bosch Chief Volkmar Denneredit
India must try out pilot projects for electric vehicles (EVs) in a few cities to prove their viability before adopting it across the country, said Volkmar Denner, Chairman of BoschNSE 0.02 %, the biggest supplier of power trains for EVs. “When the industry is resisting what the government wants to do, why don’t you try out the idea of several pilot projects, maybe pilot cities (for EVs), instead of (bringing) 100% IC (internal combustion) engines to zero,” said Denner on Tuesday.
Electric vehicles a huge opportunity for India: Amitabh Kantedit
The electric vehicle segment is a big opportunity for Indian manufacturers and they should look at not only producing such models for domestic market but also exports, Niti Aayog Chief Executive Officer Amitabh Kant said Wednesday. Speaking at the inaugural session of the ‘Entrepreneur 2019’, Kant also emphasised on the road map to make India a USD 10-trillion economy by 2030.
Vehicle Summit a focus area for Telangana: Jayesh Ranjanedit
Telangana State’s Electric Vehicle Policy will focus on incentives to increase the use of electric vehicles. The policy will complement the FAME II, which already covers support for the charging infrastructure, said Industries Principal Secretary Jayesh Ranjan.
Bosch opens smart manufacturing plant at Bidadiedit
Bosch has inaugurated its expanded smart factory for mobility solutions in Bidadi (Phase II), which is located around 35km from Bangalore. The plant features latest Industry 4.0 solutions and carbon-neutral technology. “Bosch is taking a further step toward more efficient, more flexible, and sustainable manufacturing in India in order to boost competitiveness and meet rising demand in the local market,” said Dr Volkmar Denner, chairman of the board of management of Robert Bosch GmbH.
Competition
‘To move entirely to electric by 2023 may be difficult’edit
THE SLOWDOWN IN the auto sector seems to he worsening with everymonth, as cost of ownership continues to increase. To make matters worse, the deadline set to migrate to electric vehicles has spooked the industry. Mahindra & Mahindra’s managing direc- tor Pawan Goenka tells FE’s Malini Bhupta that while the direction is right, the time line may he difficult to achieive.(EV)
Tata Chemicals may make lithium-ion cellsedit
Tata Chemicals Ltd plans to set up a factory to make lithium-ion cells, said two persons directly aware of the matter, as it seeks to capitalize on the emerging electric vehicle (EV) industry in India. The Tata group company, which recently demerged its fast-moving consumer goods business, also plans to undertake research and development on lithium-ion technology to develop suitable applications for the domestic market, especially the EV industry, said the two persons cited above, requesting anonymity.
International
Renault invests $144 million into China’s electric vehicle sectoredit
Auto maker Renault and the Jiangling Motors Corporation Group (JMCG) have officially set up a joint venture for electric vehicles in China. In an announcement Wednesday, Renault said that the venture would look to “further promote the development” of China’s electric vehicle industry.
Electric car models to triple in Europe by 2021edit
The number of electric car models available to consumers in Europe is expected to triple by 2021, according to European Union transport experts. The uptake of electric cars has been stalling, blamed on a lack of charging infrastructure and higher prices.
China now home to 1 million EV charging postsedit
The robust electric vehicle industry of China, which dispatched close to 1.2 million units last month, is now a home to over 1 million charging posts, according to latest data of the Electric Vehicle Charging Infrastructure Promotion Alliance.