Specific
Uber and Sun will launch three vehiclesedit
Chetan Maini-led Sun Mobilty and ride hailing application Uber Technologies on Wednesday announced their partnership to deploy electric three-wheelers across select cities in India. As part of the arrangement, Sun Mobility will offer its energy infrastructure platform, which includes swappable smart batteries and quick interchange stations to select original equipment manufacturers (OEMs) for building electric three-wheelers.
Industry
Government Plans to Invest INR 100 Billion 1.4 Billion to Incentivize Electric Vehicle Manufacturing in Indiaedit
BIS Research is coming up with a market intelligence report, titled “Indian Electric Vehicles and Electric Vehicle Batteries Market − Analysis and Forecast, 2019-2030”, which highlights growing prospects of electric vehicle (EV) production and assembly scenario in India, detailed supply chain analysis, separator demand by type analysis, and regional analysis on the basis of vehicle type.
Planning to buy e-vehicle? EV firms trim prices after GST breatheredit
Owning an electric car and two-wheeler will now be easier on the wallet. With a steep reduction in the GST (goods and service tax) rate taking effect, manufacturers of EVs have reduced prices of their models — up to Rs 80,000 for e-cars and up to Rs 9,000 for e-two-wheelers. In a bid to spur the EV demand, Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget.
Competition
Current tech doesn’t enable production of small e-carsedit
“..I don’t think the EV (WagonR) will be less than ~10 lakh. Even the electric battery for this will have to be imported. Our target audience for the product is car aggregators. We are not even looking at individual car buyers.”
Ather Energy reduces e-scooter prices by Rs 9,000 after slashing of GSTedit
The recent slashing of GST on electric vehicles from 12 to five percent, the lowest GST slab, is having its impact. EV manufacturers have begun to announce the reduced prices. Ather Energy, the Bangalore-based electric scooter maker, has cut prices of its scooters – the 340 and 450.
International
A game changer is coming for electric car ownersedit
Electric cars are getting cheaper and they can go farther on a single charge. Still, most car shoppers have one big concern: How will I keep an electric car charged while I’m on a long road trip?
Lithium industry buildup Is outracing the electric-car boomedit
Lithium miners are bulking up for a booming future when electric cars go mainstream. But speed bumps loom, with prices tumbling on a burst of new production and demand growth slowing in China. Between mid-2015 and mid-2018, prices for lithium, the soft, silvery-white metal crucial for rechargeable batteries, almost tripled as the world’s fleet of electric vehicles hit the 5 million mark, and the auto industry began to fret over the supply of raw materials.
Indonesia plans incentives to boost electric vehicle industryedit
Indonesia plans a series of incentives to boost production of electric vehicles (EVs), according to a copy of a draft regulation reviewed by Reuters. Southeast Asia’s largest economy wants EV manufacturers and battery makers to create a downstream industry for its supplies of nickel laterite ore, which is used in lithium batteries.