EVs

PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV

SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […]

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Electric Vehicles to Cost Less Than ICE Vehicles in EU by 2027: Report

Electric Vehicles will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest Electric Vehicles and vans will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest, according to a new BloombergNEF study commissioned by Transport & […]

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Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA

In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […]

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Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […]

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GM Introduces Ultium Charge 360, to Offer 60,000 EV Charging Points to Customers

General Motors (GM) has announced the launch of Ultium Charge 360, which the firm claims to be a holistic charging approach that integrates charging networks, GM vehicle mobile apps, and other products and services to simplify the overall charging experience for GM electric vehicle (EV) owners. “GM agrees with the customer need for a robust […]

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bp and Infosys to Collaborate on Reducing Emissions at Campuses and Cities

Infosys and bp have signed a MoU under which they intend to work together to develop an integrated Energy as-a-Service (EaaS) offering Infosys, a global leader in next-generation digital services and consulting and bp, a global integrated energy company, have announced that they have signed a memorandum of understanding (MoU) under which both companies intend […]

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Lohum Plans 250-crore Investment in Capacity Expansion Over Next 3 Yrs

Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is planning to invest around 250 crores in the following three years towards expanding its manufacturing capacity, which currently stands at 300 MWh of batteries per year and 200-250 units a day, with aims to eventually venture into the production of batteries for […]

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At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market

According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […]

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Govt Extends Validity of FAME-II Certificates by 1 Year; SMEV Praises Move

The DHI has extended the validity of FAME-II certificates for all Vehicle Models (e2W, e3W & e4W) approved under FAME-II by 1 year. The Department of Heavy Industry (DHI) under the Ministry of Heavy Industry and Public Enterprises has notified of the extension for the validity of FAME-II certificates for all Vehicle Models (e2W, e3W […]

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