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Errant EV Players Might Face More Trouble For Flouting FAME-II

The Ministry of Heavy Industries is now mulling stringent actions against alleged errant two-wheeler Electric Vehicle (EV) players in India for falsely claiming subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II. The ministry is the nodal agency for disbursing FAME-II funds to EV players. As per reports, the ministry has planned to […]

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Revfin Rings In $5 Mn From US International Development Finance Corporation

Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […]

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RAMP In Alliance with Hala Mobility for Upkeep of EV Fleet

RAMP GLOBAL, a cloud-based ecosystem for automotive aftermarket services has recently announced its strategic partnership with multi-modal ride-sharing platform Hala Mobility to foray into the maintenance, management, leasing and tracking of electric vehicles. It is the firm’s first move that aims to drive efficiency and reliability of solutions for EV adoption as a clean mobility […]

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Five Reasons EVs Will Deliver On Their Clean Promise

In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […]

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EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues

The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […]

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Top Automakers in Japan, India Lag in EV Transition: Report

A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market.  The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […]

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BESCOM To Deploy Charging Stations On Toll Plazas Of Bengaluru-Pune Highway

A move that is expected to raise electric vehicle adoption in the state of Karnataka, Bangalore Electricity Supply Company Limited (BESCOM) has planned to set up fast electric vehicle (EV) charging stations at toll plazas on the national highway that connects Bengaluru and Pune – the big metros of the region. BESCOM will deploy these […]

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Uber Green Set to Establish Presence In India Starting June 2023

Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational […]

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BSES Rajdhani Joins Hands with Sheru for India’s First Vehicle-to-Grid Station

BSES Rajdhani Power Limited (BRPL) has announced a partnership with energy software firm Sheru to develop the country’s first vehicle-to-grid station. Sheru’s proprietary bidirectional battery-swapping station would provide swappable batteries for electric two-wheelers, two-wheelers, and rickshaws and help power their mobility. The station would also support BRPL’s power requirement during periods of peak power need. […]

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