Govt May Lower GST Rate for EVs to 5% Updated On Wed, Jun 19th, 2019 by Saurenergy Government of India may slash down GST levied on the sale of electric vehicles in the upcoming 35th GST council on June 20. India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the current government. The […] Read more
EESL and AMC Partner to Promote EVs in Ahmedabad Updated On Wed, Jun 5th, 2019 by Saurenergy 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 […] Read more
EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF Updated On Mon, May 27th, 2019 by Saurenergy However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […] Read more
EVs, Batteries Can Drive Solar Rooftop Growth, Says Report Updated On Fri, May 24th, 2019 by Saurenergy In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […] Read more
Impact of Smart Charging EVs on the Energy Transition Updated On Fri, May 17th, 2019 by Saurenergy The International Renewable Energy Agency (IRENA) recently issued its review analysis on the potential and impact of smart charging electric vehicles on the energy transition. Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once […] Read more
Solar power, EVs Become Top Attractions in India Fund Fest Updated On Tue, May 14th, 2019 by Saurenergy The selection of these startups was made by an eminent jury and through a proprietary ‘Investor Readiness Report’ process, ensuring the companies are thoroughly vetted After two successful editions of India Fund Fest, the third edition amassed 25 Crores on its first day. The contestants of the India Fund Fest range from product designers or […] Read more
Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India Updated On Mon, May 6th, 2019 by Saurenergy Ratan Tata’s investment in Ola Electric is being seen as an endorsement of the company’s approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A […] Read more
Public Transport Permit Mandatory for Commercial EVs To Avail FAME-II Incentives Updated On Fri, Mar 29th, 2019 by Saurenergy The Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme in its second phase starting next week, has made Public transport Mandatory for commercial EVs. From April 1, the owners of commercial electric vehicles (three wheelers and four wheelers) will be required to have a public transport permit from a government agency in […] Read more
KIA and Amazon Partner to Develop Efficient Home Charging Systems For EVs Updated On Wed, Mar 20th, 2019 by Saurenergy Online retailer Amazon and South Korean automaker Kia have teamed up to provide one-stop shopping for chargers, in what is just the start of the retail giant’s reach toward EV and hybrid buyers. Korean car company KIA has become the second car company to team up with Amazon to simplify the installation of home charging equipment […] Read more
