Mention
Electric vehicles maker Pi Beam raises bridge funding from GAILedit
Last month, electric and autonomous tractor builder AutoNxt Automation Pvt. Ltd raised an undisclosed sum of money from the founders of SUN Mobility Pvt. Ltd: brothers Chetan and Sandeep Maini invested in the company through Virya Mobility 5.0 LLP.
Industry
Electric Revolution: The Startups Driving Indias EV Ambitionedit
The cornerstone of this plan is the Faster Adoption and Manufacture Of Electric Vehicles scheme also known as FAME. While FAME set out to set standards for EV makers last year, its second phase, launched this year has proposed to invest INR 10,000 Cr ($1.4 Bn) over three years to support 10 Lakh two-wheelers, 5 Lakh three-wheelers, 55K four-wheelers, and 7K buses that operate on lithium-ion batteries or other electric powertrains.
2019: A Year of Positive Momentum for India’s EV Sectoredit
The National Electric Mobility Mission Plan (NEMMP) 2020 also set targets for the deployment of seven million hybrid and electric vehicles (EVs) in India by 2020.While the EV sector is gathering speed, the government is now trying to focus on developing a robust infrastructure for the charging of electric vehicles. Without an adequate charging network, the widespread adoption of EVs will remain impractical and unfeasible.
A new analysis from GMI Research expects the India Electric Vehicle Battery Market to reach USD 963 million in 2026edit
The electric two-wheeler vehicle segment held the largest market share in 2018 as India is the largest two-wheeler market in the world. Electric two-wheelers are getting popular due to low per Km cost and have a higher penetration rate in India. According to Fame India, 113,180 sales are electric two-wheeler sold in the Indian market in 2018.
Hyderabad: You need licence to ride escooteredit
The ministry of road transport and highways has allowed teenagers in the 1618 years age group to obtain driving licence to drive Escooters. Currently, the same age group are granted licence for scooters with below 50 cc although no scooters are made in this category.
Hyderabad University launches e-rickshaws for campusedit
Students and faculty members usually use their bicycles, motor vehicles or shuttle services for their commute and the introduction of erickshaw is being welcomed as a small step towards achieving an ecofriendly campus.
Delhi Metro introduce ecycle services in Malviya Nagar, Saket to boost last mile connectivityedit
The DMRC is already operating e-rickshaw, e-bikes, and bicycle in various metro stations across the national capital. The DMRC has taken several steps to boost last-mile connectivity. It has also tied up with bike-sharing app Yulu. The e-bikes service was launched from Dilli Haat (INA) to JLN Staidium in September this year.
CV retail sales down 8%; inventory continues to fall in November: FADAedit
Yesterday, SIAM revealed that passenger vehicle segment registered a marginal drop of 0.84 per cent in domestic sales in the month of November 2019 to 263,773 units sold last month, compared to 266,000 units sold in November 2018.
City set to get mobile e-car aggregatoredit
Starting next year, Mumbai will get a new mobile aggregator whose fleet will consist of only electric vehicles (EVs). The fleet of cabs – named Blu Smart – is expected to help reduce air pollution in the city. One of the investors in the project is actor Deepika Padukone’s investment company, which has already raised $3 million.
Rising renewables penetration to hit discomsedit
Rising penetration of renewable energy will start to pinch state-owned power distribution companies (discoms) as its share in the energy basket has crossed 12%, power industry leaders said in a recent panel discussion. While trying to find the true cost of renewable energy-based power, they noted that real tariff of solar and wind power plants largely gets hidden by the current indirect subsidies provided by the exchequer
Childcare room, EV charging stations mandatory in all new buildings: DDAedit
A childcare room and charging station for electric vehicles will now be mandatory in all new buildings. The Delhi Development Authority (DDA) Wednesday approved a proposal to modify the Unified Building By-laws for Delhi (UBBL 2016).
International
How electric vehicles could be used to hack the 2020 electionedit
A successful election attack doesn’t need to gain access to voting systems themselves. Dvorkin says plugin electric vehicles (PEVs) and the charging stations that charge their batteries could enable largescale cyberattacks on urban power grids. In a simulation he and his team conducted using Manhattan, Dvorkin found that it would take only 1,000 electric vehicles charging simultaneously to stage an attack on the citys power grid, potentially blacking out entire sections of New York.
China ElectricCar Startups NIO, Xpeng Team Up in Chargingedit
The companies are trying to lure buyers as electric car demand wanes in the world’s largest market, partly because of customer concerns over EVs limited driving ranges and scarce availability of charging infrastructure. Industry sales in China have slumped for five straight months since the government reduced subsidies for electric cars.