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Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ?

The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […]

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Chandigarh to issue tender for 100 EV charging stations

In a push to launch its electric vehicle (EV) policy, the Chandigarh administration is poised to float a global tender in three to four days to invite eligible companies to bid for installing 100 charging stations across the city, according to recent media reports. The UT will select the company in a month. “The tender […]

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Maharashtra Postpones EV Policy Due to Inadequate Charging Ecosystem

An underdeveloped ecosystem is certain to prove to be an impediment in faster adoption of electric vehicles. In the present case, a resolution has been issued by the Environment Department of the Maharashtra Government aimed at implementing state’s Electric Vehicle Policy from April 2023 instead of April this year. The postponement of the EV Policy […]

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CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026

Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […]

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India powered by 1,742 public EV charging stations

The number of electric vehicles (EV) on roads in India has reached over ten lakh with around 1,700 charging stations operational in public places across the country, Union Minister Nitin Gadkari informed Lok Sabha recently. As per Vahan 4 data, as of March 25 this year, a total of 10,76,420 EVs and a total of […]

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Statiq Collaborates with HPCL to Add 200+ EV Chargers in UP-Bihar-Uttarakhand

Electric vehicle (EV) charging network Statiq has collaborated with state-owned refining and marketing company Hindustan Petroleum Corporation Ltd (HPCL) to increase the number of Statiq chargers open to the public to more than 200 in the states of Uttar Pradesh, Bihar and Uttarakhand. Statiq says that 10,000 such chargers will be established by the end […]

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Rs 18,100 crore Battery PLI Finally Picks 4 Firms

Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited,  Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […]

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Exicom completes installation of 5,000 EV chargers in 4 years

Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […]

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CSIR- CMERI Inaugurate World’s Largest Solar Tree in Ludhiana

In a bid to promote the usage of solar energy, the Council For Scientific and Industrial Research (CSIR)’s Central Mechanical Engineering Research Institute (CMERI) has developed world’s ‘largest solar tree’ which was inaugurated today S. Balkar Singh Sandhu, Mayor of Ludhiana Municipal Corporation. The solar tree has been installed at ‘CSIR-CMERI-Centre of Excellence for Farm […]

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