Ola’s EV Marketshare Slips Further In Setptember, Bajaj, TVS, Gain Updated On Tue, Oct 1st, 2024 by Saurenergy Ola Electric continues to cede marketshare to legacy stalwarts Bajaj Auto and TVS Motors in the two wheeler EV segment. Based on the figures for September, Ola’s market share shrank to just over 25%, a huge drop from the 47% share in September last year. The losses have been mainly due to the continuous gains […] Read more
MyTVS Launches Pan-India Mobility Service for EVs Updated On Tue, Sep 24th, 2024 by Saurenergy MyTVS, one of India’s digital automotive aftermarket platforms, and part of the TVS Mobility Group announced the launch of a Pan-Indian ‘Mobility-as-a-Service’ (MaaS) platform. The company is doing this as it looks to meet the vehicle management requirements of quick commerce and e-tailers, which largely rely on electric two-wheelers. MyTVS offers these services to fleet […] Read more
Honda To Launch Electric Scooter In FY25 Updated On Wed, Sep 11th, 2024 by Saurenergy Honda Motorcycle & Scooter India (HMSI) is preparing to enter the electric scooter market soon. This comes at a time when several two wheeler automobile companies in India have started to penetrate the electric vehicle market with newer products. Yogesh Mathur, Director of Sales and Marketing of Honda Motorcycle announced that the automobile maker has […] Read more
Corrit EV Pins Hopes On Its Fast Delivery E-Scooter ‘Transit’ Updated On Mon, Aug 19th, 2024 by Saurenergy How did Corrit EV start its journey in the two-wheeler segment? We started the company in 2019. I joined the renewable energy industry in 2015. But as soon as we started COVID hit the country. Although this halted our plans but also gave us time to make right strategies for work on the engineering. During […] Read more
KERC Brings New Norms For EV Charging Stations For Buildings Updated On Wed, Jul 31st, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) in its latest suo motto order has issued new guidelines for the establishment of Electric Vehicle (EV) Charging Stations for commercial/residential buildings in urban areas of the state. The state power regulator said that the move was taken to streamline the establishment of the charging stations by bringing more […] Read more
What The Indian EV Sector Expects From Union Budget 2024 Updated On Mon, Jul 22nd, 2024 by Saurenergy With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector. Following are the expectations of the industry from the budget– […] Read more
Plans For Phase-III Of FAME Start, With Bigger, Wider Coverage Updated On Thu, Jan 4th, 2024 by Saurenergy Even as the secoonf phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) is likely to wind down this year, speculation is rising on the shape of the next phase of the scheme that was brought in to support EV transition. Administered by the Ministry of Heavy Industries (MHI), FAME-I(Rs 895 […] Read more
Parliamentary Standing Committee Recommends Incentives Under FAME Scheme Updated On Fri, Dec 22nd, 2023 by Saurenergy A standing committee report on ‘Promotion of Electric Vehicles (EV) In the Country’, mentions that, among category-wise EV, the production and sale of EV-three-wheeler vehicles is found to be highest in India. It recommends that the ministry should broaden the scope and extend FAME-II Scheme for at least three more years. This would support the […] Read more
Ministry of Heavy Industries Greenlights 7,432 EV Charging Stations Across India Updated On Mon, Dec 11th, 2023 by Saurenergy In a major announcement that is set to transform the EV (electric vehicle) charging landscape of the country, the Ministry of Heavy Industries has given its nod for 7,432 EV charging stations. The charging stations will be set up by three Oil Marketing Companies (OMCs). The announcement comes under the second phase of the FAME […] Read more