Industry
‘India can change global auto, energy landscape through adoption of EVs’edit
India, home to one of “the big four” automobile industries in the world, has the potential to change the global automobile and energy landscape through adoption of electric vehicles, says a report released by the World Economic Forum and Ola Mobility Institute on Thursday. The U.S., China, and Japan are the other “big four” industries.
Karnataka Bhavan in Delhi to get electric vehiclesedit
The state government, which was the first to introduce an e-vehicle policy, now plans to set another example by gradually increasing the number of electric vehicles (EVs) in its fleet. The state is believed to have asked all government departments to switch from traditional fossil-fuel vehicles to ones which run on green energy.
India set to be global hotspot for electric mobility: Ola Mobility Instituteedit
Following a push towards electric vehicles (EVs) by the central government, India can become one of the largest EV markets in the world. A new analysis released by the World Economic Forum and Ola Mobility Institute shows there are ten states and union territories building a momentum for electric vehicle usage across manufacturing, infrastructure and services sectors.
Competition
Kinetic Green Energy upbeat on electric vehicle growthedit
Kinetic Green Energy and Power Solutions Ltd, part of the Kinetic & Firodia Group, is emerging as a prominent player in the electric vehicle (EV) space. With a good amount of preparation and a range of battery-operated EVs such as e-rickshaws, e-carts and buggies, it is targeting the retail, institution and government segments. The company’s founder and CEO Sulajja Firodia Motwani spoke to BusinessLine on the emerging EV landscape, the company’s focus areas and expansion plans.
ELECTRIC BOOST! SmartE inaugurates two new charging hubs in Delhi – Know locationsedit
In a further boost to the electric vehicle market, SmartE on Thursday inaugurated two new charging hubs at Uttam Nagar and Rajouri Garden Metro Station. With these additions, SmartE will now serve more than 20 metro stations in Delhi NCR. These are SmartE’s 7th & 8th EV charging hubs while 6 are already operational with a fleet of nearly 1000 vehicles.
Tata Motors to roll out EV variant of Nexon compact SUV in Mar quarteredit
Tata Motors Ltd will tap its popular Nexon compact sport utility vehicle (SUV) to enter the personal electric vehicle (EV) market in India in the March quarter. The vehicle will feature Tata Motors’ in-house developed modular electric powertrain platform called Ziptron, which will power all its future electric cars targeted at the personal segment.
India Is On Its Way For An Electric Future – Ayush Lohiaedit
The Electric Vehicle sector growth in the Indian market is led by the growing need to curb the air pollution levels and the rising incentive schemes by the government to support manufacturing as well as the use of electric two-wheelers and three-wheelers. Moreover, consistently increasing the affordability of electric two-wheelers and three-wheeler vehicles is also boosting their adoption across the country. Increasing investments by electric vehicle manufacturers to develop more advanced, efficient and affordable electric two-wheeler and three-wheeler vehicle is likely to fuel growth in the coming years.
International
Electric cars: call for tax on road usage to cover lost fuel revenueedit
Britain should move to a system of road pricing to combat congestion and compensate for the £28bn loss of revenue from fuel duty as the country makes the transition to electric vehicles, the Institute for Fiscal Studies has said.