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
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
Gujarat Invites Manufacturers for Distribution of Electric 2 & 3 Wheelers Updated On Wed, Jul 24th, 2019 by Saurenergy GEDA has issued 2 EOIs for authorisation of manufacturers the distribution of battery-operated 2 and 3 wheelers in Gujarat. The Gujarat Energy Development Agency (GEDA) has issued two expression of interests (EOI) calling out reputed manufacturers for their authorisation to the market and then the distribution of battery operated 2 and 3 wheelers. The EOIs […] Read more
Odisha Gets on With the EV Transition, Plans to Introduce Electric Buses Updated On Mon, Jul 22nd, 2019 by Saurenergy Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed. The state government of Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed on […] Read more
CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility Updated On Fri, Jul 19th, 2019 by Saurenergy CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […] Read more
Indus to use its Telecom Tower Network to Host EV Charging Stations Updated On Thu, Jul 18th, 2019 by Saurenergy Indus Towers has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. Indus Towers Ltd., India’s largest mobile tower company has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. The company plans […] Read more
4 Lakh EVs in India, Half of Them in Delhi & UP: Nitin Gadkari Updated On Mon, Jul 15th, 2019 by Saurenergy Nitin Gadkari has informed that at present there are nearly 4 lakh (3,97,184) registered EVs or battery operated vehicles in India The Minister for Road Transport and Highways, Nitin Gadkari, has informed that at present there are nearly 4 lakh (3,97,184) registered electric vehicles (EVs) or battery operated vehicles in India and that more than […] Read more
KSL Cleantech Planning Rs 200 cr Investment in EV Venture Updated On Mon, Jul 15th, 2019 by Saurenergy KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers through its EV Venture Kolkata-based KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers and expanding manufacturing capacity besides sales and […] Read more
US Crosses 20,000 EV Charging Stations Mark, 68,800 Connectors Updated On Wed, Jul 10th, 2019 by Saurenergy According to the US DOE, there are now more than 20,000 EV charging stations in the country, with more than 68,800 connectors. According to reports published by the US Department of Energy (USDOE), there are now more than 20000 electric vehicle (EV) charging stations in the country, with more than 68,800 connectors. “As of May […] Read more
