Mention
EVs: Driving towards a sustainable environmentedit
Swappable batteries, which are not covered under FAME II, are viable options considering the costs involved in the development of charging stations. Companies like Sun Mobility, Ola, SmartE, Mitsui Japan and DMRC are building swappable battery charging stations.
Industry
Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga, XL6 to fix faulty partedit
The country’s largest car maker Maruti Suzuki Friday said it will recall 63,493 units of petrol smart hybrid variants of midsize sedan Ciaz and utility vehicles Ertiga and XL6 to rectify a possible issue with the motor generator unit. The vehicles affected include those manufactured between January 1, 2019 and November 21, 2019.
Soft Bank sister firm to invest USD 4 bn in renewable energy in Gujaratedit
SB Energy, a sister company of Soft Bank of Japan, has announced that it will invest USD 4 billion or Rs 30,000 crore in renewable energy sector in Gujarat, a state government release said on Friday.
Infosys co-founder’s son wants to disrupt EV space with ‘calculated risks’edit
Shreyas Shibulal believes in taking “calculated risks”. This is something, this second-generation entrepreneur confesses that he has learnt from his father S D Shibulal, co-founder, former chief executive officer and managing director of IT services major Infosys. And that’s the reason, Shreyas is not going for an expansion overdrive with his start-up venture, Lightning Logistics, by scaling up rapidly without getting to learn firsthand the intricacy of running a business that is based on services model.
Modi government taking several steps to incentivise renewable energy sector: R. K. Singhedit
In its bid to promote the use of non-conventional sources of energy, MNRE has set a target of achieving 175 GW of installed renewable energy capacity by 2022. The government is taking several steps to incentivise the renewable energy sector in the country and is encouraging private sector developers to implement advanced technologies in renewable energy projects to tap maximum energy.
ETAutoNGVC: Natural gas vehicles have potential to become mainstream transportation modeedit
He further added that the Delhi government is planning to procure 300 electric buses under FAME II. Ashish Chutani, Head Government and Policy Affairs, iterated, “CNG does not only have the potential of becoming alternate fuel, but also a mainstream mode of transportation given that we make adequate investments in R & D and add more and more CNG stations.
India needs tariff reforms to boost consumption of renewables: WWFedit
“Consumption of renewable power cannot only make C&I consumers cost competitive and spur macro-economic growth, but also play a significant role in reducing India’s carbon emissions,” Singh said. As part of a stronger Climate Action Plan, India has committed to increase renewable power capacity target from 175 GW in 2022 to 450 GW by 2030.
Greenvolt Mobility, Ahmedabad based EV start-up set to expand its operation in all metro citiesedit
He added, “We are planning to open 60 Authorized sales and service station by June 2020 in all the major cities of India and Mantis will serve as the first step of the ladder in making electric vehicles mainstream in India.” As for the electric bicycle itself, the Mantis is able to reach a top speed of 25 kmph, thanks to its mid-mounted 250 watt motor.
Sluggish demand in H1: Auto components sales fall record 10% to Rs 1.87 lakh croreedit
Auto component sales in India fell 10% to $26.2 billion (Rs 1.87 lakh crore) in the first six months of the ongoing financial year, amid a broader slowdown in consumption in the local market, the Automotive Component Manufacturers’ Association (ACMA) said.
Auto components sector sees 1 lakh temporary job lossesedit
The auto component industry’s turnover witnessed worst ever decline in the first half of the current fiscal leading to a job loss of around 1 lakh temporary workers till July this year, industry body ACMA said on Friday. The turnover of the industry dropped to Rs 1.8 lakh crore in the April-September period, down 10.1% from nearly Rs 2 lakh crore in the year-ago period, Automotive Component Manufacturers Association (ACMA) said.
Hero Electric Partners with Government of Punjab to Develop EV Infrastructure inedit
The Government of Punjab has proactively encouraged electric mobility and development of infrastructure with lucrative incentives and other beneficial schemes for ease of business, which has helped in the growth of the overall E2W industry. Punjab offers net GST reimbursement for 7 years up to 100% FC, employment subsidy of up to Rs 48,000 per year for 5 years and being one of the most well-connected states in India it also offers ease of logistics amongst others, which make it appealing to the existing as well as potential electric vehicle manufacturers.
Green Kolkata: CNG buses to run in city along side 150 electric buses by March 2020edit
The state Transport department is all set to introduce CNG buses in Kolkata before March 2020. The infrastructure for refilling is being developed at Kasba bus depot. “At present there is no refilling infrastructure in the city. We have signed an agreement with GAIL, which will carry CNG gas in tankers and then it will be refilled in the buses at Kasba depot. We will start with 10 buses to begin with,” said state Transport minister Suvendu Adhikari at the state Assembly during discussion on motion for consideration of the report of the transport standing committee on Friday.
Bad news keeps coming for the global auto marketedit
General Motors Co. and LG Chem Ltd. announced this week that they will jointly invest more than $2 billion in a new plant for electric vehicle batteries in Lordstown, Ohio. The companies will hire 1,100 workers, which is about the same number that GM laid off after idling its compact Cruze model factory in Lordstown earlier this year.
Nitin Gadkari urges car makers to develop biofuel-based vehiclesedit
Road Transport and Highways Minister Nitin Gadkari on Friday called upon automobile manufacturers and urged them to produce eco-friendly vehicles that can utilise agro-based fuel
After Gurgaon, Delhi goes the eco-friendly route with e-bikes, Noida to followedit
Even though the air quality in the capital has improved and the sun and blue skies are making regular appearances, the city is still not completely free from pollution issues. Besides crackers, stubble burning and other pollutants, vehicular pollution is considered one of the major contributors to air pollution in the capital.
India EVs Ecosystem market to reach $216.3 billion by 2030edit
BIS Research, India Electric Vehicles, Ajeya Saxena, Battery market, Charger market, Reduce carbon footprint According to a new report by BIS Research, titled India Electric Vehicle (EV) Ecosystem Market Analysis and Forecast 20192030, the India EV ecosystem market includes three major sectors, namely electric vehicle market, battery market, and charger market. The electric vehicle market, battery market, and charger market are expected to witness CAGRs of 53.64%, 58.86%, and 59.58%, respectively, during the forecast period.
Renewable Energy Ambition in NDCs Must Double by 2030: IRENAedit
Countries are being urged to raise renewable energy ambition and adopt targets to transform the global energy system in the next round of NDCs Renewable Energy Ambition NDCs Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a new report by the International Renewable Energy Agency (IRENA) that will be released at the UN Climate Change Conference (COP25) in Madrid.
Orxa Energies showcases Mantis electric motorcycle at 2019 India Bike Weekedit
The exact engine specifications are not available, although the company claims a top speed of over 100 km/h. The battery pack offers a range of 200 km and takes between three to four hours for a full charging. Riders can visit a Battery Bunk and replace an empty pack for a new unit.
Mission 808080: A five step roadmap for cutting pollutionedit
Data shows one out of every two Indians breathes air that does not meet air quality standards. Heres a big dream: by 2027, when India celebrates its 80th year of independence, lets aim to reduce air pollution by 80% in 80 cities. Lets call it Mission 808080. (electric bus )
EV battery market pegged to hit 40.6 million units by 2026: Reportedit
The report titled Global Electric Vehicle Battery Market Size, Share & Industry Analysis, By Type (Lead Acid Battery, NickelMetal Hydride Battery, LithiumIon Battery, Others), By Vehicle Type (PHEV, BEV, HEV), and Regional Forecasts, 20192026, stated that the demand for EV batteries is driven by the growing to reduce dependence on non renewable energy sources.