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ev penetration

EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030

A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […]

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US DOE Grants $43 mn for Carbon Capture and Storage Tech Development

US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […]

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Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW

Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […]

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EESL, BSNL to Install 100 Public EV Charging Stations in Punjab

EESL has signed an MoU with BSNL (Punjab Telecom Circle) to install 100 public EV charging stations to boost e-mobility in Punjab. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with BSNL (Punjab Telecom […]

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EESL Planning to Bring EV Charging Station to Kolkata

EESL is in talks with the West Bengal government for setting up electric vehicle (EV) charging infrastructure in Kolkata and adjoining New Town area. State-owned Energy Efficiency Services Ltd. (EESL) has announced that it is in talks with the West Bengal government for setting up electric vehicle (EV) charging infrastructure in Kolkata and adjoining New […]

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Evolution of Three Major EV Markets: China, US and India

The world’s fastest-growing electric vehicle markets – China, India, and the US – are going through a transition and in this, they are presenting unique understanding about the challenges that come up. The Rocky Mountain Institute has published a new whitepaper that looks at the penetration of electric vehicles in these three markets and has […]

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EESL Ties up With Apollo Hospitals to Boost EV Charging Infrastructure

EESL has signed a 10-year MoU with Apollo Hospitals to install public EV charging stations in its hospitals across India to boost e-mobility Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has signed a 10-year Memorandum of Understanding (MoU) with Apollo Hospitals Enterprises Ltd, to […]

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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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EESL and AMC Partner to Promote EVs in Ahmedabad

EESL has entered into a partnership with AMC to establish enabling infrastructure for Electric Vehicles (EVs) in Ahmedabad over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India has entered into a partnership with the Ahmedabad Municipal Corporation (AMC) to establish enabling infrastructure for Electric Vehicles […]

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