Industry
E-rickshaw volume in India to reach 1 million units by FY25edit
Analysing the dominance of electric rickshaws, which currently cover 80 per cent of the EV market in India, Frost and Sullivan has said in a recent report that the e-rickshaws in India will grow to 1 million units by FY2025 from 0.4 million in FY2019. The study paper focuses on India’s growing e-rickshaw, e-scooter and e-bus market and the business opportunities around them.
APSRTC Employees Union against proposal for e-bus maintenanceedit
The APSRTC Employees Union (EU) have demanded that the management withdraw its Request for Proposal (RFP) issued for selection of bus operators for procurement, operation and maintenance of air-conditioned electric buses on gross cost control model.
Gujarat’S Electrifying Drive Into Future Of Vehiclesedit
Barely months after launching its SUV Hector, MG Motors has finalized plans to roll out an electric SUV called MG ZS EV from its Halol factory in Gujarat. The company is currently testing prototypes. And, if all goes as planned, Gujarat will be the launchpad for the country’s first global EV. “We plan to start local assembly of our global pure electric SUV, the MG ZS EV, at our Halol facility this December,” said Rajeev Chaba, president and managing director of MG Motor India.
Still charging: India’s electric vehicle planedit
For a country like India, where high levels of air pollution in cities is slowly turning into a national emergency, large scale adoption of electric vehicles powered by renewable power can be a win-win situation for all stakeholders. And while the authorities in India are making all the right noises by encouraging a mass shift to electric vehicles (EVs), there is an evident need for clear goals backed by regulations along with a strategy to deter non-compliance.
Govt to give renewables their moment in the sunedit
In a renewed push to cut India’s dependence on fossil fuels, the central government wants state-run companies to build massive clean energy parks at a cost of around $2 billion each, with built-in incentives to ensure states and operators are invested in the success of the parks. The proposed ultra mega renewable energy power parks (UMREPP) of 2,000 megawatts (MW) each will help developers achieve economies of scale and further bring down solar and wind power tariffs.
Competition
MahaMetro ropes in Kinetic Green to provide e-rickshaws for last mile connectivityedit
MahaMetro ropes in Kinetic Green to provide electric rickshaws for providing last mile connectivity for commuters. Rides can be booked through a mobile application, the company said in a statement. As a pilot project, the e-rickshaw service will be available to commuters at six metro stations in Nagpur at a cost of Rs 10 per ride. MahaMetro Nagpur is in the process of installing charging stations at all their metro stations for these vehicles.
Auto goes electric!edit
The new launch of Makkal Auto has been specifically designed to encourage eco-friendly travel, besides its inclusiveness in creating a livelihood option for people across genders. The company has already been doing this in its regular auto-rickshaw operations in Tamil Nadu and New Delhi.
International
Electric-Car Sales Drop for Second Straight Monthedit
Chinese electric-car sales fell for a second straight month after the government scaled back subsidies, the latest sign that one of the final pillars of strength in the world’s largest automobile market is crumbling. Sales of new energy vehicles all-electric, fuel-celled autos and plugin hybrids declined 16% from a year earlier to 85,000 units in August, the China Association of Automobile Manufacturers said Wednesday. That followed a 4.7% drop in July.
Electric Cars Are Here But How About Selling Themedit
It only took a decade for traditional automakers to take electric cars seriously and offer more than a smattering of test- the-water models. Now comes the hard part: Getting consumers to buy them. At Frankfurt’s 2019 car show, Volkswagen AG chief ex- ecutive officer Herbert Diess laid it on thick, calling on govern- ments to give up coal-fired power as he unveiled the electric ID.3 car- for-the-masses.
BASF strikes French alliance to recycle electric car batteriesedit
German chemical giant BASF announced Wednesday plans with French companies Eramet and Suez to recycle lithium-ion batteries from electric cars, aiming to secure a leading role in a growing market.
European automakers tell governments they must help sell electric carsedit
Europe’s carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules.
Oil demand to peak in three years, says energy adviser DNV GLedit
Global oil demand will peak in three years, plateau until around 2030 and then decline sharply, energy adviser DNV GL said in one of the most aggressive forecasts yet for peak oil. Most oil companies expect demand to peak between the late 2020s and the 2040s. The International Energy Agency (IEA), which advises Western economies on energy policy, does not expect a peak before 2040, with rising petrochemicals and aviation demand more than offsetting declining oil demand for road transportation.