Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
Hyundai Launches Sonata Hybrid with Solar Roof System Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. The system recharges the battery to increase travel distance while preventing unnecessary battery discharge. The solar roof system, with 6 hours of daily charging, is expected to increase […] Read more
CEL Empaneling EPC Firms for BESS Projects Updated On Fri, Jul 26th, 2019 by Saurenergy CEL has issued an EOI for empanelment of firms/EPC contractors for executing BESS projects in India. State-owned enterprise, Central Electronics Limited (CEL) has issued an Expression of Interest (EOI) for empanelment of firms/EPC contractors for executing Battery Energy Storage Systems (BESS) projects in India. The empaneled contractors will be able to participate in future project […] Read more
Hyundai Working With IOCL for Fast Charging Stations Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motor recently showcased its Kona electric SUV and said that work is on to set up fast charging facilities in association with IOCL Hyundai Motor, which recently showcased its Kona electric Sports Utility Vehicle, said work is on to set up fast charging facilities in select fuel stations in association with the Indian Oil […] Read more
Magenta Power Launches EV Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy This series of charging stations are best suited for community charging such as offices, malls and residential societies. In a bid to support government’s National eMobility program, solar power systems provider Magenta Power has launched its electric vehicle (EV) charging stations called ‘ChargeGrid’ series. The company said in a statement that this new series is […] Read more
EESL, NOIDA Join Hands to Install 100 Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy The initiative is likely to save more than 4.04 tonnes of CO2 emissions per e-car per year. The government-backed Energy Efficiency Services Ltd (EESL) has entered into an agreement with the New Okhla Industrial Development Authority to fast-track the adoption of e-mobility by promoting robust EV infrastructure and installing around 100 public charging stations. The […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
Cobalt and Nickel Supply Woes to Hurt EV Makers – Woodmac Updated On Wed, Jul 24th, 2019 by Saurenergy The rising popularity of EVs globally and the rush to adopt cleaner mobility options has led to a surge in demand for Cobalt and Nickel. Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grow, panic around a steady […] Read more
Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant Updated On Tue, Jul 23rd, 2019 by Saurenergy The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […] Read more
