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Japan’s Mitsui Invests Rs 100 Crore in SmartE

SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […]

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India Might Miss out on 2030 EVs Target: Ajay Mathur

EVs could be a better alternative, but the government’s target to switch to them in the next 10 years is hard to achieve, TERI Chief Ajay Mathur said Electric Vehicles (EVs) could be a better alternative to fuel-based automobiles to mitigate air pollution but the government’s target to switch to e-vehicles in the next 10 […]

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KSL Cleantech Planning Rs 200 cr Investment in EV Venture

KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers through its EV Venture Kolkata-based KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers and expanding manufacturing capacity besides sales and […]

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Hero MotoCorp Working on Multiple EV Projects

Hero MotoCorp is already working on multiple EV projects, company chairman Pawan Munjal has said. The country’s largest two wheeler maker Hero MotoCorp has revealed that the company is already working on multiple electric vehicle (EV) projects, company chairman Pawan Munjal said in the company’s Annual Report for 2018-19. The company is fully geared up […]

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Economic Survey: Emphasise on EVs, Supporting Policies to Reduce Total Ownership Cost

The country must emphasise on EVs and appropriate policy measures to lower the overall lifetime ownership cost, according to the latest Economic Survey The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership cost to make them […]

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Kerala Begins Groundwork for Ambitious EV Policy

After announcing its EV policy late last year, the Kerala government has started to take steps in the direction to make the plan a reality. Kerala Chief Minister Pinarayi Vijayan at the inauguration of a two-day event ‘Evolve: Kerala mobility conference and expo’ announced not only rolling out electric vehicles but under the EV policy […]

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Phase II of FAME will Focus on Electrification of Public Transportation

The second phase of the FAME scheme will focus on supporting the electrification of public and shared transportation over the next three years. The second phase of Faster Adoption and Manufacturing of Electric Vehicles in India (FAME India) scheme will focus on supporting the electrification of public and shared transportation over the next three years, the Minister of Heavy Industries and […]

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FICCI makes a case for subsidies for battery swapping under FAME 2

The move by the leading industry body FICCI to include battery swapping seems to be a pragmatic response to the likely success of adoption of EV’s in the two-wheeler and three-wheeler segment at least. In an interesting move, industry chamber FICCI has made a call for including the battery swapping model of charging for EV’s […]

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EV Transition Needs Extensive Planning to Succeed: N Chandrasekaran, Tata Sons

N Chandrasekaran recently said that the transition to EV needs to be properly planned so as to ensure that the entire ecosystem is ready Tata Sons Chairman, N Chandrasekaran recently said that the migration or perhaps the transition to electric vehicles (EV) in the country needs to be properly planned so as to ensure that […]

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