Page 6 - Latest Updates on Electric Vehicle
Uber, Ola may have to make 40% of vehicles electric by 2026: Report
Indian think-tank Niti Aayog, chaired by Prime Minister Narendra Modi and which plays a crucial role in policymaking, is working with several ministries on the new policy
 "Uber, Ola may have to make 40% of vehicles electric by 2026: Report")
EESL, Ahmedabad Municipal Corp enter 10-year deal to build EV infra
The two parties will jointly fast-track e-mobility in the city's public transport by installing 100 public charging stations and promoting EVs on rental and purchase basis within municipal limits
 "EESL, Ahmedabad Municipal Corp enter 10-year deal to build EV infra")
Early EV trends in India
Two- and three-wheelers seem likely to take off first and the ride-share market will probably be more enthusiastic than private owners
 "Early EV trends in India")
Tesla to improve its battery software after recent incidents of car fires
Two incidents of fires were recently reported from Shanghai and Hong Kong which involved model S and model X electric vehicles.
 "Tesla to improve its battery software after recent incidents of car fires")
China will drive electric vehicle revolution driven by its battery industry
In 2018, Chinese sales topped 1.1 million cars, more than 55% of all electric vehicles sold in the world.
 "China will drive electric vehicle revolution driven by its battery industry")
M&M stops producing India's first electric car model amid flagging sales
Mahesh Babu, chief executive at Mahindra Electric, confirmed that the company had stopped the production of the model for the domestic market
 "M&M stops producing India's first electric car model amid flagging sales")
India's EV industry likely to see higher interest from PE, VC investors
In 2019 till date, PE, VC investment in the sector has been Rs 2.1 crore, in one deal
 "India's EV industry likely to see higher interest from PE, VC investors")
Ministries, PSUs, power firms gear up to charge India's electric vehicles
Significant investment is being mobilised by public and private sectors to manufacture and install electric vehicle supply equipment (EVSE) infrastructure across India
 "Ministries, PSUs, power firms gear up to charge India's electric vehicles")
The world's biggest electric vehicle company looks nothing like Tesla
Americans associate electric cars with the luxury of Tesla
 "The world's biggest electric vehicle company looks nothing like Tesla")
D for disruption
Here's how electric cars and buses are displacing oil consumption
 "D for disruption")
China has over a million electric cars, but they are dangerous to drive
The government is doing everything it can to spur sales of new-energy vehicles. First, it should stop them from spontaneously combusting.
 "China has over a million electric cars, but they are dangerous to drive")
Fortum to power India's electric vehicles, plans 700 charging points
Company entered Indian market in October 2017 with pilot, is silent on quantum of investment planned
 "Fortum to power India's electric vehicles, plans 700 charging points")
UP energy watchdog announces liberal tariffs for electric vehicle charging
The tariffs finalised by UP Electric Regulatory Commission (UPERC) would be applicable to both residential, commercial and public charging stations in the state
 "UP energy watchdog announces liberal tariffs for electric vehicle charging")
Honda sees hybrid, not electric, as a future to green strategy
The government has announced sops only for pure electric vehicle
 "Honda sees hybrid, not electric, as a future to green strategy")
Kerala govt okays e-vehicle policy; to procure 6,000 buses by 2025
The govt has also started discussion with a Swiss company to manufacture electric buses, as a joint venture
Plea filed in SC seeking direction for faster adoption of electric vehicles
Instead of achieving target of 6-7 millions sales of such hybrid vehicles by 2020, only 0.263 million electric vehicles have been adopted in India, the PIL said.
 "Plea filed in SC seeking direction for faster adoption of electric vehicles")
Subsidy on just battery not enough to keep cost of EVs low: Naveen Munjal
The Union Cabinet last week approved the FAME II scheme to implemented in three years with effect from April 1, 2019
 "Subsidy on just battery not enough to keep cost of EVs low: Naveen Munjal")
German carmakers to invest 60 billion euros in electric cars and automation
Germany, together with a few other major European economies, is set to have a much higher share of electric vehicles among its new registrations than the EU average
FAME II puts EV segment in fast lane by removing policy uncertainties: M&M
The government has done its bit and now it is up to the industry to make EVs happen in the country, M&M Managing Director Pawan Goenka said
 "FAME II puts EV segment in fast lane by removing policy uncertainties: M&M")
Expensive lithium-ion batteries put the brakes on India's EV plans
Their actual business success will largely depend on how quickly the lithium-ion batteries become more efficient
 "Expensive lithium-ion batteries put the brakes on India's EV plans")
