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Do Teslas Battery Day Announcements Signal Massive Acceleration for EVs?

On September 23, as Founder and CEO Elon Musk made a slew of announcements regarding the future prices of its models, fresh new battery technology, and even new manufacturing breakthroughs, he signaled a massive change for the EV category, yet again. Should he be taken at face value, or is this yet another way to []

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Over 27,000 EVs Supported Under FAME-II Scheme so far: Javadekar

The central government has so far supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under FAME-II The central government has so far (until September 10, 2020) supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under the phase []

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EVs Deployed by EESL Have so far Mitigated 5604 Tonnes of CO2 Emissions

EESL has already deployed 1514 EVs on road to date, which have aided in the reduction of 5604 tonnes of CO2 emissions so far. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Ministry of Power, is combating the air pollution in the nation by driving Indias e-mobility transition. In continuation of []

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Solar Tech On Horizon For Self-Charging Cars To Energy-Sufficient Buildings

From self-charging cars to buildings that are self-sufficient in energy, solar power is set to transform the traditional use of energy in the not too distant future. In a session titled Solar Beyond The Power Sector, participants at the International Solar Alliances First World Solar Technology conference brainstormed over the many unconventional uses of the suns []

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EV Ride Hailing Platform BluSmart Raises $7 mn in Funding

Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, []

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Total and PSA Form JV ACC to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ACC for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance []

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Study Reveals Tipping Points to Drive Mainstream EV Adoption in India

A major new study by Castrol has revealed the tipping points to achieve mainstream electric vehicle (EV) adoption in India. A major new study released by Castrol draws on the views of consumers, fleet managers and automotive industry leaders from across India to reveal the factors driving EV buying decisions. The report Accelerating the EVolution []

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Tata Motors and Hyundai Win Bid to Supply 250 EVs to EESL

EESL will procure 250 EVs from Tata Motors and Hyundai Motor India after the two firms were selected through an international competitive bidding process Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, has announced that it will procure 250 electric vehicles (EVs) from []

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Two Wheeler EV Startup VOGO Eyes Normalcy By Year End

Bengaluru based VOGO, a tech-enabled, self-ride two-wheeler rental service, has announced that it has recovered 40% of the Pre-COVID revenues in Hyderabad since the resumption of its services post lockdown, and intends to be back on the growth trajectory by the end of 2020. The company is also planning to introduce EV fleets to provide []

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