SUBSCRIBE NEWS LETTER

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EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus

In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […]

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FICCI Makes the Case for Extending FAME-II by 2 Years

FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […]

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Let’s Make India The Recycling Hub Of The World: Rajat Verma

As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […]

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IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh

Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […]

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Volvo Partners With Plugsurfing to Offer EV Charging Services Across Europe

Volvo Cars has joined hands with Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. Volvo Cars has joined hands with charging firm Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. With this partnership, drivers of fully electric Volvo Recharge models in Europe […]

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EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA

While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […]

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Tata AutoComp Finds Partner to set up EV Charging Stations in India

Tata AutoComp Systems has signed an MoU with Tellus Power Green to supply AC and DC Fast Chargers for the entire range of electric vehicles in India. Tata AutoComp Systems, a leading auto-component conglomerate in India has signed a Memorandum of Understanding (MoU) with USA based DC charging infrastructure company Tellus Power Green to supply […]

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EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF

Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […]

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Carbon Neutrality in Mobility: Is it possible?

India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […]

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