EV’s Have Charmed The Government – Will The Markets Follow? Updated On Mon, Aug 26th, 2019 by Saurenergy On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […] Read more
Statkraft Acquires EV Charging Company E-Wald Updated On Mon, Aug 26th, 2019 by Saurenergy Statkraft has acquired the entire shareholding of German electric vehicle (EV) charging company E-WALD GmbH. One of Europe’s largest generators of renewable energy, Norwegian power firm Statkraft has acquired the entire shareholding of German electric vehicle (EV) charging company E-WALD GmbH. “The acquisition further strengthens Statkraft’s position in the German and European EV charging market […] Read more
UK Government Doubles Funding for on Street EV Charging Points Updated On Tue, Aug 13th, 2019 by Saurenergy The UK government is doublings its GBP 2.5 million funding for the installation of over 1,000 new electric vehicle (EV) chargepoints. Owning and charging an electric vehicle (EV) is set to become more convenient than ever in the United Kingdom thanks to an additional GBP 2.5 million for funding the installation of over 1,000 new […] Read more
ICAT and IESA Bring 3rd International EV Conclave Updated On Thu, Aug 8th, 2019 by Saurenergy India Energy Storage Alliance (IESA) and International Centre for Automotive Technology (ICAT) are jointly organising the 3rd International EV conclave on Aug 9, 2019. The Electric Vehicle (EV) sector is rising in India and after the sops announced in Budget 2019, it can be a game-changer for the industry. The infrastructure development of (EVs) has […] Read more
UP Offers 25% Rebate on Land for Setting up EV Charging Points Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh government has decided to give a rebate of 25 percent on the market rate of land for establishing EV charging units. The Uttar Pradesh government announced its decision to give a rebate of 25 percent on the market rate of land for establishing charging units for electric vehicles (EV). The state cabinet chaired by […] Read more
Tata Power, Tata Motors to Setup 300 EV Charging Stations in 5 Cities Updated On Sat, Aug 3rd, 2019 by Saurenergy These charging stations will be installed in Mumbai, Delhi, Pune, Bangalore and Hyderabad by the end of the financial year 2020. Tata Group’s two leading arms i.e. electric utility giant Tata Power and automotive manufacturer Tata Motors have entered into a partnership to install 300 fast charging stations across five key cities. These charging stations […] Read more
Maruti Backs CNG, Hybrid Before Pure EV to Reduce Oil Imports & Pollution Updated On Fri, Aug 2nd, 2019 by Saurenergy Maruti Suzuki has said that usage of green technologies like CNG and hybrid cars, should be encouraged in order to cut oil imports and reduce air pollution. The country’s largest carmaker Maruti Suzuki India (MSI) has said that usage of all kinds of green technologies, including CNG and hybrid cars, should be encouraged in order to cut oil […] Read more
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 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
