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Explained: EV Subsidies, Incentives Offered by Center and States in India

Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […]

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Shadowfax Tech Targets 75% of its Fleet in EVs by 2024

Shadowfax Technologies has announced a new target of 75 percent of its fleet being electric vehicles by 2024. Headquartered in Bengaluru, the firm also aims for 100% electrification by 2026 as its long-term growth goal. As EV is replacing conventional mobility in various sectors, logistic companies are looking to devise sustainable electric logistic solutions. Seeking to […]

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Chandigarh Admin Notifies Draft EV Policy, Offers Financial Benefits

Chandigarh Administrator Banwarilal Purohit has approved the “Draft Electric Vehicle (EV) Policy 2022” for the union territory, aiming to turn the latter into a ‘Model EV City’ through a significant increase in EV penetration within five years. Following its recent notification, the draft EV policy will stay in the public domain for a period of […]

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Euler Motors, TWU to Deploy 1,000 E3W Within a Year

Bengaluru-based Electric Vehicle (EV) financier Three Wheels United (TWU) announced it has partenered with EV maker Euler Motors to deploy more than 1,000 electric 3-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2022-23. TWU aims to address the issue of high cost of finance for drivers of electric […]

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Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus

Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […]

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Bounce Clocks 1 M Battery Swaps — A First in Indian EV Market

Smart mobility firm Bounce said on Thursday it has achieved over a million battery swaps on its energy infra network, making it the first player in the domestic market to accomplish such a feat. Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, among others, Bounce […]

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Niti Aayog Asks Railways to Create EV Infra at Stations

Niti Aayog has suggested that railways should designate at least 20% of the parking capacity at railway stations or office complex for setting up electric vehicle charging bays or battery charging and swapping stations, and also install at least one EV charging point at each targeted manned level crossing and railway colony. The proposals are […]

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Log9, SpareIt In Partnership To Launch Battery Replacement and Retrofitment Model

Log9 materials and Spareit have come together to tackle what they describe as the biggest concern in the EV ecosystem. The battery is always the heart of any electric vehicle; given that EV range, charging time, and other critical characteristics are all closely tied to the battery’s health. Due to factors experienced such as constant […]

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EV Push Continues To Gather Pace With NITI Aayog Shoonya Campaign

India’s foremost planning body the NITI Aayog, has added over 70 corporate partners from e-commerce, ride-hailing, logistics and manufacturing ecosystems for its Shoonya campaign. A NITI Aayog, RMI and RMI India initiative to promote zero-pollution mobility across the nation, the campaign aims to promote the use of electric vehicles (EVs) for deliveries and rides through […]

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