Mention
IMTMA to host national productivity summit 2019 in Bengaluruedit
Indian Machine Tool Manufacturers’ Association (IMTMA), the apex body of machine tool makers, is set to hold the 13th edition of National Productivity Summit 2019 on August 20 & 21 at Bangalore International Exhibition Centre (BIEC), Bengaluru. The National Productivity Summit serves as a platform for knowledge sharing, cross-learning, and networking. The two days summit will enable delegates to learn more about the various facets of manufacturing competitiveness from prominent industry experts as well as the case studies presented by various companies.
Industry
Housing societies to host charging stations for electric vehiclesedit
The State government will formulate a policy to allow large housing societies to offer their premises for construction of electric vehicle (EV) charging stations. A team of senior officials at NITI Aayog on Friday offered the government a wish list on the implementation of the Electric Vehicle Policy under the Central government’s mobility plan.
2nd round of consultation on electric vehicle policy to deal with infra issuesedit
The process to formulate a policy for the use of electric vehicles (EVs) in Haryana has finally got off the ground with the state government completing the first round of consultation with the stakeholders recently. State transport minister Krishan Lal Panwar on Saturday said that the next round, which is likely to take place by next month, will deal with infrastructure issues.
GST Council to decide on tax cut on electric vehicles this weekedit
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles, officials said. The 36th meeting of the Council, which will happen through video conferencing, is also likely to decide the valuation of goods and services in solar power generating systems and wind turbine projects for the purposes of levying GST.
Getting India ready for the electric mobility revolutionedit
Over the past few weeks, the interest level around EVs (Electric vehicles) has suddenly increased in the country, thanks to the recent budget announcement by the finance minister about promoting electric mobility, by reducing GST for EVs to 5 per cent and allowing income tax benefits for EV buyers.
Planning to buy an electric car? How much more money you can saveedit
With the continuously growing demand for eco-friendly vehicles, automakers have been mulling to launch more and more electric cars in the near time. In order to push the consumption of a product which can benefit the consumer, as well as, the environment, the government and local bodies keep on introducing certain relaxations and benefits. Now, the government seems in a moment to promote the consumption of electric vehicles.
Odisha to soon get electric buses: Massive push to curb air pollutionedit
In order to curb the increasing air pollution in the state of Odisha, the state government informed the assembly on Saturday that it is going to introduce electric buses in the urban areas of the state. These electric buses will first be introduced in the urban areas of Odisha. According to Ashok Chandra Panda, Science and Technology Minister, in the first phase, these electric buses are going to run in the temple town of Puri along with the city of Bhubaneswar and Cuttack.
Electric vehicles: The road aheadedit
They have been in the news for quite some time now, but we still don’t see enough of them on Indian roads. Electric vehicles (EVs), if coupled with the right infrastructure, present a sustainable solution to air pollution caused by the burning of fossil fuels by petrol and diesel vehicles. Just imagine a city that operates solely on electric cars charged using solar energy.
Competition
Electric vehicle start-up SmartE gets Rs 100-crore investment from Mitsuiedit
Electric vehicle (EV) start-up SmartE has raised Rs 100 crore from Japanese major trading house Mitsui & Co in a Series B funding round. In addition to the capital, Mitsui will bring to SmartE multiple synergies through its existing businesses in the EV domain to enable the company for long-term growth.
International
Electric car models may triple in Europe by 2021edit
With the electrification spur across the globe, the number of electric car models available to customers in Europe may triple by 2021, according to a media report. According to the data, the carmakers will have 214 models for consumers in the next two years as compared to 60 models available in the market as of December 2018. The cars could also come at affordable price, the report said.
UK car sector accelerates towards electric futureedit
Britain’s auto industry, seeking to swerve Brexit obstacles, is accelerating toward electrification as consumers shun high-polluting diesels, driven by rapid advances in technology and greener government policy. Four famous car brands born in Britain but now foreign-owned — German-held Bentley and Mini, Indian-backed Jaguar Land Rover, and Chinese-controlled Lotus — have each this month outlined plans for purely electric models to sit alongside their petrol vehicles.