Page 18 - Electric Vehicles In India

Tata Motors subsidiary, Bharat Petroleum tie up for 7k charging stations

Tata Passenger Electric Mobility Ltd on Friday said it has entered into a collaboration with Bharat Petroleum Corporation Ltd to set up 7,000 charging stations. The two companies have signed a memorandum of understanding to collaborate in establishing public charging stations across India, Tata Passenger Electric Mobility (TPEM) said in a statement. The collaboration will leverage Bharat Petroleum Corporation's widespread fuel stations network and TPEM's insights from over 1.15 lakh Tata EVs on Indian roads, to set up chargers at locations frequently visited by Tata EV owners, it added. Bharat Petroleum Corporation Ltd (BPCL) aims to install 7,000 electric vehicle charging stations by the next year and it has initiated over 90 electric vehicles (EV) fast-charging highway corridors across the nation, the statement said. The collaboration with BPCL is aimed at accelerating India's journey towards e-mobility, Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd

EV retail sales grow 25.5% to 152,606 units in November, says Fada

Electric vehicle total retail sales, including passenger and commercial vehicles, grew 25.5 per cent to 1,52,606 units in November, according to data released by the Federation of Automobile Dealers Association (FADA) on Thursday. The total EV retail sales in November 2022 were recorded at 1,21,596 units, according to FADA. The e-two-wheeler sales were 18.82 per cent higher at 91,243 units during the previous month from 76,791 units in November 2022. The e-three-wheeler volume rose 32.37 per cent to 53,766 vehicles in the reporting month as compared to 40,619 units retailed in the year-ago period, the data showed. Electric passenger vehicles retail sales in November this year stood at 7,064 units, a growth of 77.35 per cent over 3,983 units in the same month of last year. The electric commercial vehicle (e-buses) retail sales were reported at 533 units in the previous month as against 203 units retailed in November 2022, registering a year-on-year growth of 162 per cent, it said.

How growing electric vehicles' sales are speeding end of the oil age

The Paris-based International Energy Agency (IEA), a grouping of 29 industrialized nations, expects world oil consumption to hit its zenith at the end of this decade at 103 million barrels per day

Bihar govt to provide up to Rs 1.25 lakh, 75% tax relief to promote EVs

The first 1,000 electric cars purchased for personal use will get the benefit of a Rs 1.25 lakh incentive. There is a similar scheme for the first 10,000 two-wheelers

Govt to pump in additional Rs 1,500 crore for FAME-II subsidy scheme

The MHI was allocated Rs 5,127 crore for the current financial year - the highest since the Rs 10,000-crore scheme was launched in 2019

Tamil Nadu to get Rs 50,000 cr investments in EV sector by 2025: Minister

EV policy supports state's 'clear vision' for sustainable growth, he says

Over Rs 300 crore FAME-II subsidy stuck on Aadhaar card, RC mismatch

Auto companies, especially makers of electric two-wheelers, say that in such cases the government has been withholding the subsidy for months, without offering any resolution on the issue

Why the public charging infra needs to catch up with the rise of EVs

According to data from OMI Found­at­ion's EV dashboard, India has 10,185 charg­ing stations comprising 17,094 charging points

Servotech Power Systems to instal 5,000 EV charging stations across India

Servotech Power Systems on Tuesday announced plans to instal 5,000 EV-charging stations across the country. In this regard, Servotech Power Systems said it has incorporated a subsidiary, Servotech EV Infra, which will do the business as a Charge Point Operator (CPO) for these EV chargers. "Servotech Power Systems is foraying into the EV CPO business by establishing its wholly owned subsidiary. It will manufacture and supply EV chargers to Servotech EV Infra which will do business as a CPO for these EV chargers," the company said. On the rationale behind the move, the company said the EV charging market is expected to grow rapidly in the coming years as the government is targeting 30 per cent of all vehicles to be electric by 2030. Servotech EV Infra is well positioned to capitalise on this growth, with its strong track record and expertise in the EV charging technology, the company said. "This will prove to be a significant game changer. The expansion into the EV CPO business with

'My apologies': Elon Musk unable to meet Piyush Goyal at Tesla facility

Elon Musk was unable to meet with Piyush Goyal in person as he was unwell and could not travel to California

Centre to seek bids for $960 million EV battery production program

The government will seek bids from potential investors next month, they said

Full charge ahead: Kerala becomes the new electric two-wheeler hub

Reasons include customer awareness and government incentives

Electric three wheelers' sales pick up speed but a mixed bag overall

NITI Aayog FY26 goal: question marks on E2Ws, e-buses and passenger cars

Developers seek to cash in on soaring EV sales with residential chargers

India is aiming to make EVs account for a third of total vehicle sales by 2030, but scarcity of public charging stations could derail these ambitions

India's sparse EV-charging network stumbles on strategy, state support

India has less than 3 per cent of the EU's PCS network, and received only 15 per cent of FAME-II EV subsidy scheme's Rs 10,000-crore budget

Finmin questions rationale for extending FAME scheme beyond current fiscal

The Heavy Industries Ministry proposed an extension to subsidies for EVs under FAME III with a higher allocation for five more years to support the growth of electric and alternate fuel vehicles

Hybrid vehicles take lead in realm of eco-friendly mobility solutions

Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in CY22 to 7.2 per cent this year

Wardwizard to invest Rs 2,000 cr to develop EV ancillary cluster in Gujarat

Vadodara-based electric vehicle (EV) maker Wardwizard Innovations & Mobility on Thursday signed an initial pact with the Gujarat government to invest Rs 2,000 crore to develop an EV ancillary cluster by 2024. The proposed investment will be on research and development of electric two-and three-wheelers, setting up a motor assembly unit at the company's Vadodara manufacturing facility, lithium-ion (li-ion) cell production and the development of ancillaries for raw material manufacturing, Wardwizard Innovations & Mobility said in a statement. The initiative is expected to generate over 5,000 employment opportunities in the state, it said. According to the company, the agreement will help in fostering the growth of the EV industry and align with the government's vision of enhancing green mobility in the state. "This memorandum of understanding (MoU) solidifies our commitment to electric mobility," Yatin Sanjay Gupte, Chairman and Managing Director of Wardwizard Innovations & .

Can electric vehicle maker BYD Auto put its India dreams back on track?

To reach anywhere close to the 30% target, BYD will have to introduce affordable electric cars that can generate substantial volumes, and back it up with a strong network

North trails South in electric scooter sales, Maharashtra miles ahead

As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehi­c­les and that of TVS was 3,389