September 25, 2019

Industry

Piaggio urges Telangana govt for fresh electric auto/BS6 permits in Hyderabadedit

ET Auto

Italian automaker Piaggio Vehicles on Tuesday has requested Mahmood Ali, Transport Minister of Telangana and Home minister against the auto union’s request for releasing new 20,000 permits to 2-stroke BS-IV auto rickshaws in Hyderabad. The issuance of any new fresh order of BS-IV permits will lead to increase in emission, the company said in a statement. If the new permits are given to advanced e-autos or technologically advanced 4-stroke BS-VI auto rickshaws, there will be less pollution.

Can an EV battery last for one million miles? Research says possibleedit

ET Auto

The battery packs currently being used by electric vehicles come with an expected lifespan of around 300,000-500,000 miles. But, recent research shows that the lifespan can be extended to one million miles, which means the battery can outlast the car itself.

By 2021, All Buses In India Will Be Electric, Confirms Minister Nitin Gadkariedit

India Times

Amidst the constant push by the Indian government to inculcate an electric vehicle ecosystem in the country, Union Minister of Road Transport and Highways Nitin Gadkari has now highlighted the efforts to induct more electric buses. According to him, all the buses in the country will be switched to electric in the next two years.

Competition

Europeans will ride electric scooters made in Pithampuredit

The Times of India

An Indian multinational car manufacturer with headquarters in Mumbai has started exporting electric scooters to Europe from its Pithampur facility and is planning to expand production capacity anticipating encouraging demand in next five years. Mahindra & Mahindra (M&M) has already exported first batch of Peugeot E-Ludix electric scooter to Europe from the Pithampur factory, only facility of the company in India to manufacture and export electric scooters.

International

This Breakthrough Lithium Extraction Technology Could Accelerate The Sustainable Energy Transitionedit

Forbes

A breakthrough nanotechnology from cleantech start-up EnergyX promises to revolutionise the speed, cost and sustainability of accessing the world’s lithium reserves. The technique uses a newly developed class of materials to act like an organic sieve to separate out lithium, rather than vast networks of evaporation ponds. Lithium is a critical element used in the battery technology that underpins much of the world’s consumer electronics, electric vehicles and energy storage systems.

Nio forced to raise $200m from chief and shareholder Tencentedit

Financial Times

Chinese electric carmaker Nio has been forced to raise $200m from its chief executive and one of its leading shareholders, Tencent, after a disastrous quarter that saw losses deepen and the business haemorrhage cash. Recall costs of thousands of vehicles over battery concerns and sliding sales pushed the group to a Rmb3.3bn ($478.6m) net loss in the three months to June, sending US-listed shares down 10.5 per cent in pre-trading on Tuesday.

Electric Car Owners May Not Love Solar Panels So Much After Alledit

BloombergQuint

The overlap between consumers who buy electric vehicles and those who want solar panels on their roofs may not be so broad after all. While conventional wisdom has long held that EV drivers prefer to charge cars with clean energy, surveys that fed that belief targeted early adopters of the technologies who don’t necessarily represent the broadening demographic of today’s buyers, according to a report Tuesday from BloombergNEF.

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