Industry
Gujarat to plug into electric revolution with 1 lakh vehiclesedit
Powered by the Centre’s cue, Gujarat is expected to charge up its clean-energy push. The state government plans to come out with a policy soon announcing huge incentives for using electric vehicles. The move aims to have one lakh electric vehicles on road by 2022.
Renewables unlikely to overtake coal for power generation, says CIL chiefedit
Coal India Chairman Anil Kumar Jha on Wednesday said renewables are unlikely to surpass coal as the major source for power generation in the near future and asserted that India’s energy migration scenario will be different compared to many other countries. State-owned Coal India accounts for nearly 83 per cent of the country’s coal production.
For electric vehicles, there is no one-size-fits-all solutionedit
Globally, electric vehicles (EVs) continue to gain in popularity. As of 2018, according to the International Energy Agency (IEA), over 50 lakh electric passenger cars were in operation, with approximately 52 lakh charging points worldwide.
No hike in vehicle registration fee! Govt puts plan on hold amid slowdownedit
The government has decided to review the hike in vehicle registration fee it had proposed last month. This review comes amid slowdown in the auto industry. The auto sector lobbied against the increase in registration fee in the midst of the worst slowdown in nearly two decades.
Waive parking charges for electric vehicles, UT toldedit
The ministry of road transport and highways has asked the UT administration to give incentives for electric vehicles (EVs) like waiving of toll and parking charges and issuing green registration number plates. The ministry, in a communication, has sought to know steps initiated to promote electric vehicles in the city, seeking the reply by August 31.
Positive Effects Of This Year’s Budget On Electric Carsedit
The government, with its recommendations in the Union Budget 2019, has made its stand on the Indian automobile industry quite clear. It wants electric vehicles to be the focal point of growth in this sphere, wants to promote local component manufacturing and is keener on maintaining this industry’s long-term growth prospects.
Vehicle test facility, engineering course add to electric vehicle ecosystemedit
As automotive OEM companies take calibrated steps towards electric-mobility, the ecosystem around them is getting ready for e-mobility. From industry research bodies to engineering colleges and academia, all stakeholders seem to be working out plans to prepare for the electrification journey.
No plans to set auto firms a deadline for shift to EVs: Gadkariedit
The government has no specific deadline in mind for automakers to switch to electric mobility or ban production of petrol and diesel vehicles, Union minister Nitin Gadkari said on Wednesday. “The shift to electric vehicles will happen in natural progression,” road transport and highways minister Gadkari said in response to a question regarding government think tank NITI Aayog’s proposal to ban production of conventional two-wheelers under 150cc by 2025 and three-wheelers by 2023.
Competition
Still evaluating feasibility of launching electric vehicles in India: BMWedit
German luxury automaker BMW on Wednesday said it is still evaluating if it should launch an electric car in India as the ecosystem for launching such vehicles remains “ambiguous and uncertain” in the country right now. The company, which on Wednesday introduced the all new 3 Series sedan in the country, said it has the required technology and products and is watching the space carefully for entering electric mobility space in India.
International
BYD’s profit triples as China’s electric car boom continuesedit
Chinese electric car maker BYD Co Ltd posted a 203.6% rise in first-half profit on Wednesday, as China’s new energy vehicle market continues to surge. The Shenzhen-based company, which is backed by U.S. investor Warren Buffett and whose products include battery electric and plug-in hybrid vehicles, posted net profit of 1.45 billion yuan ($205.29 million), up from 479.10 million yuan a year earlier.
In Tesla-Crazy Norway, the Electric Vehicle Revolution Is Already Hereedit
Until he moved to Norway, Michael Arup had never owned a car. But when the banker and his family moved from Copenhagen, Denmark to the Norwegian capital of Oslo in 2016, they decided a vehicle was a necessity. So they did as the Norwegians now do, and bought a Tesla Model-S.