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MEG Signs Agreement for 2,000 Units of D1, BYD’s Custom Electric Ride-hailing Vehicle

Ideanomics has announced that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected […]

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BYD Delivers Huge E-Bus Fleets to Colombia, Japan, and Europe

Hong Kong based BYD has announced that it has delivered over 700 electric buses to three cities in Colmbia, Japan and the Netherlands. e-bus The Bogota City Government and the Bogota City Public Transport Authority (TRANSMILENIO) held a grand launch and delivery ceremony for the first batch of 120 buses. This batch of buses will […]

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India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA

In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […]

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CM B.S. Yediyurappa Opens Bengaluru’s First EV Battery Swapping Station

The Chief Minister of Karnataka has inaugurated the first EV battery-swapping station in the capital, yesterday.  To enable fast discharge and support the last-mile connectivity by encouraging e-vehicles, the station will facilitate EVs to run for a longer time by swapping the discharged battery in two minutes and travel for another 80 km.  Inaugurating the […]

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E-2Ws saw 2% of Target Sales till September 2020, Under FAME-II: ICRA

ICRA surveyed 16 electric 2 wheeler dealerships, across the country, in November 2020. The Report tells about how the second phase of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II), the flagship scheme of the Government of India to push faster electric vehicle (EV) adoption, managed to achieve only 2 percent of its […]

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Clean Energy Goes Spiritual, As Key UP Cities To add 670 MW Rooftop Solar

Uttar Pradesh energy minister Shrikant Sharma has announced that places of religious importance in the state will be powered by solar energy by 2024. Among the  cities cited by him were Ayodhya, Mathura, Varanasi, Prayagraj and Gorakhpur. Rooftop solar would be the preferred medium to achieve the target of 670 MW, powered by central subsidies […]

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Unpaid Electric Bills Weakens the Efforts to Improve Access to All

Electric utilities in many developing countries often don’t get fully paid by consumers for the power they supply. A new study by the University of Chicago and partner institutes suggests that this has led to widespread outages and rationing of power. This poor electricity access may be a consequence of society treating electricity as a […]

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SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power

SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […]

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China Adds 40 GW Of Solar To Grid In 2020

China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW. As per Wang Bohua, vice-chairman of the China Photovoltaic Industry Association (CPIA), China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years […]

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