Price of the mineral, a key input in electric vehicles, has tripled the past 2 years. Sweden seeks to pare global dependence on leading supplier Congo
The report also said fiscal incentives must also be given with an aim of bringing down the initial purchase price and to reduce ownership cost
With the world's top automakers poised to introduce dozens of new battery electric models over the next 5 years, executives continue to ask: Who will buy all those vehicles?
The automobile industry is moving towards the use of lithium-ion batteries instead of lead-acid batteries to offer quicker charging and higher range
He also argued that EVs alone are not the best answer to curb vehicular pollution
Electric vehicles alone may not be the best answer to pollution
The customers need to be billed for the charging and payment needs to be made
India's planned transition to electric vehicles will drastically affect the commodities market
Using clean energy modes like electric vehicles for shared mass transport will help bring down high pollution level in big cities
The government is aiming for an ell-electric vehicle fleet in the country by 2030
The Korean automobile company recently launched an electric car named Kona in India
CMD Venu Srinivasan proposes hybrid model, says such vehicles would do a better job in cleaning up the environment
The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country
The recommendations of the officers committee is likely to be placed before the Council on July 25, officials said
Under the Rs 10,000-crore FAME scheme, subsidy on EVs are given to three- and four-wheelers for commercial and fleet applications
Cutting the cost of batteries is arguably the industry's most urgent challenge
The last date for submission of the proposals is August 20, the ministry said in the Expression of Interest
Tesla also changed its prices in China, the world's largest market for electric vehicles
See low demand situation at the end of the cycle
EVs to comprise about 7% of sales in India by 2030