Finding ways to reuse the technology is becoming more urgent as the global stockpile of EV batteries is forecast to exceed the equivalent of about 3.4 million packs by 2025
The company is in talks with Hyderabad Metro to install fast chargers at its 24 stations in the city
The industry body also suggested non-financial means like taxing polluting diesel vehicles
"The surge in electricity demand from EVs will help recover the slow demand growth," the study said.
Last year, Tata Motors and Mahindra won an order of 10,000 and 9,500 EVs, respectively
Their parts are costlier and repairing often means replacing an entire system, which drives premium rates up
India could reach 11% market share in EVs by 2030
It also slashed the Goods and Services Tax (GST) on EV chargers from 18% to 5%
The reduced Kona Electric price is effective from August 1, 2019
Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget
The domestic auto industry is facing one of the worst slowdowns, with sales across segments declining sharply month after month for a year
The start-up's working is similar to that of ride-sharing services, except that all vehicles are owned by the company and its mobile app is not the only way to book a ride
When only one-third of e-scooter rides displace automobile travel, use of e-scooters likely increases overall transportation emissions by drawing people away from walking, biking or public transport
The ministry clarified that a station does not perform any activity related to the transmission, distribution or trading of electricity
A memorandum of understanding is expected to be signed on Thursday between Noida Authority and EESL to set up the charging stattions
For all operators who want to setup Electric Vehicle services in India, it will make sense for them to leverage Vakrangee's charging infrastructure
Hidaka said the know-how that Yamaha acquires from working with Toyota can be used in its own electrification shift
The power ministry will also do away with cross subsidy in the proposed power tariff policy to promote e-mobility, as nobody will buy power at Rs 11/unit, Singh said
Plans to open 3 charging stations in each of 5 zones, to add more charging stations in next 3 years
The Fame India scheme incentivises all vehicle segments, including two-wheeler, three- wheeler auto, four-wheeler vehicles, light commercial vehicles and buses