Page 12 - Electric Vehicles In India

India sets a goal of 15% electric vehicles by 2023 to cut fossil fuel use

Sales of EVs in India estimated at 2,000 last year: BNEF

GAIL looks to be 'future ready', plans to set up charging stations for EVs

With the government planning to make a major shift to electric vehicles by 2030, GAIL feels that charging infrastructure for electric vehicles in India has not been fully developed yet

Govt mulls setting up electric vehicle target for state public transporters

The Aayog is of the view that the market forces should be allowed to decide whether people want to buy electric car or diesel/petrol car

Electric vehicles market in India set to see several new entrants

The government's National Electric Mobility Mission Plan 2020 envisages achieving 6-7 million sales of hybrid and e-vehicles by 2020

0.02% new cars are electric: What govt must do to reach all-electric goal

Just 0.02% (4,800) of all new cars sold in India in 2016 were electric

The Electricity Act: Charging up the electric vehicle ecosystem

While there are more than 6,000 electric cars and two-wheelers, and a large number of buses and e-rickshaws, there aren't any uniform regulation on the rate of power

The electrifying reality: Govt must chalk out an EV road map

Betting solely on batteries and EVs may not be the best solution at achieving zero emission automobiles

Green gold? Electronics makers eye 'Make in India' in electric vehicle push

Industry lobby Electronic Industries Association of India sees the electric vehicle push as a great opportunity for domestic electronics makers

Powering EVs with 100% renewables by 2030 could be cheaper than estimated

An EV owner could save close to Rs 37,000 (over $580) annually if India meets its renewable energy (RE) targets

From Maruti Suzuki to Honda and Ford, who's doing what on electric vehicles

Amid the Modi govt's clear intent of promoting electric vehicles in the country, most major major vehicle manufacturers have started work on equipping themselves for the EV drive

100% electric vehicles in India? SIAM presents roadmap for shift by 2047

SIAM has made these recommendations in the White Paper on Electric Vehicles submitted to the government in line with the vision of Modi Government

Electric vehicle sales: Only 5 states excel, Gujarat tops with 4,330 units

Other well-performing states include West Bengal, Uttar Pradesh, Rajasthan and Maharashtra

Bumpy ride ahead for auto part makers as govt pushes for electric vehicles

ACMA, a lobby group that represents auto parts makers, is conducting a study to assess the impact of such a transition on the industry

Electric vehicle fleet can create $300 bn domestic battery mkt: Niti report

To meet India's domestic EV battery requirements, the country would need around 20 Giga factories, each of which entails an investment of $ 5 billion

Suzuki, Toyota ink pact to make electric cars in India

Indian govt plans to shift to an all-electric vehicle fleet by 2030

Fast bullet train, slow car

It is unclear why a government, which is investing in a superfast bullet train at one end, has chosen a less-than-the-most-advanced electric vehicle option

Tata and Mahindra to lead India's push towards EVs

But demand is expected to be low because of the cost of batteries that are mostly imported

With Gujarat taking lead, states vie to attract electric vehicle makers

Three weeks ago, Karnataka became the first state to roll out an electric vehicle policy to encourage manufacturing

Govt's electric vehicle plan is electrifying these stocks

Electric vehicles may have a limited visibility on the Indian roads at the moment. But the government focus and push on electric vehicles (EVs) has led to a sharp rally in stock prices of small cap companies with an exposure to EVs. Share price of two companies which are into electric buses- JBM Auto and Goldstone Infratech- have more than doubled since April this year. The government had first talked about its intent of making India a hundred per cent electric vehicle nation by 2030 in March this year. Delhi headquartered JBM Auto, a company that has been present in the auto component space for over three decades, did not enjoy great valuations at the stock markets until recently compared to some of its peers. In last one month alone the stock has rallied more than 73 per cent to Rs 597 and has more than doubled since April 2017. The company now commands a market cap of Rs 2,435 crore based on Wednesday's closing price. Nishant Arya, executive director, says the company had planned .

Auto industry gears up for electric vehicles push after Gadkari's warning

Carmakers say a lack of charging stations could make the whole proposition unviable