Page 48 - Electric Vehicles

'JSW group not withdrawing Rs 40,000 crore EV project from Odisha'

The JSW group is not "withdrawing" its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, a senior company official said on Tuesday. The company's announcement comes after a section of media reported that the JSW group plans to shift its EV and battery project from the eastern state to Maharashtra. Asked about media reports, Ranjan Nayak, executive vice president of corporate strategy, office of chairman and managing director said, "We are not withdrawing the EV and battery project from Odisha". The JSW group had on February 10, 2024, signed a memorandum of understanding with the Odisha government for establishment of an integrated electric vehicle and EV battery manufacturing project at an investment of Rs 40,000 crore in the state. At Naraj in Cuttack district, the JSW group had planned to set up an EV vehicle and component manufacturing plant, while at Paradip in Jagatsinghpur district, it proposed to establish a copper smelter and lithium ...

PMO air pollution meet stresses EV transition, charging infra in NCR

A high-level meeting held at the Prime Minister's Office on Monday stressed the urgent need to transition to electric vehicles and develop charging infrastructure in the NCR region to combat air pollution. Chairing the meeting of the task force, P K Mishra, the principal secretary to the prime minister, called for strict and timely implementation of the Graded Response Action Plan -- a set of anti-pollution measures enforced during winter -- by all relevant agencies to manage air quality effectively, a statement said. Mishra instructed the chief secretaries of Punjab, Haryana and Uttar Pradesh to rigorously enforce action plans to prevent stubble burning, ensure full utilization of crop residue management machines and support small industries in the economic use of paddy straw, it said. He stressed the importance of shifting to electric vehicles and expanding EV charging infrastructure in NCR areas. According to the statement, Mishra also encouraged states to increase their e-bus .

MyTVS forays into EV mobility service market to tap quick-commerce growth

Fleet operators, e-commerce and quick commerce companies will be able to avail the services of myTVS, instead of buying their own vehicles

Delhi to organise 'e-vehicle parade' in October to boost usage, sales

Delhi's environment department will organise an 'e-vehicle parade' at Rajghat in early October, aimed at encouraging the purchase and use of electric vehicles (EVs) in the city. Officials anticipate that over 500 EVs will participate in this event, with a registration link for interested owners to be announced shortly. A senior official from the environment department said that a tender has been issued for the event, which is expected to cost around Rs 5.76 lakh. Bids will be accepted until September 30, and the parade will be conducted within five days of awarding the tender. "The primary objective is to promote EV usage in Delhi and raise awareness about their benefits. We encourage as many EV owners as possible to join the parade," an official said. "Transitioning to electric vehicles will contribute to reducing vehicular pollution in the capital," the official stated. Environment Minister Gopal Rai, who recently resumed his role following the formation of a new cabinet, emphas

US' plan to curb Chinese EV software tech risk spreading much further

US officials are set to unveil a proposal to ban the use and testing of Chinese and Russian technology and equipment in automated driving and vehicle communications systems

About 83% of Indian buyers will consider new energy vehicles by 2030: Study

Driven by the Centre's efforts, India's EV sector shows promise but challenges remain. At present, EV adoption in the country stands at 2% for passenger vehicles and 6% aross all categories

Acceptability of new energy vehicles set to soar by end of decade: Survey

Majority of new car buyers, who participated in a study, were ready to accept new energy vehicles (NEV) as the only option when considering a purchase by 2030, according to a survey. The buyers would be willing to pay a premium of up to 49 per cent for an electric vehicle above the cost of a comparable petrol/diesel vehicle, a survey from Urban Science and The Harris Poll has revealed. Around 83 per cent of the 1,000 prospective Indian buyers covered in the global survey said they will consider buying an NEV by the end of this decade. The survey conducted online by The Harris Poll on behalf of Urban Science received inputs from various markets including India, the US, Australia, China and Germany. The survey stated that the positive outlook for NEVs in India is being fuelled by the rapid expansion of public EV charging network, with a noticeable presence in major cities and emerging in tier-2 cities. There are currently over 6,000 charging stations available in India across major

Mercedes-Benz fire that injured 23 may cloud South Korea's EV transition

Since then, there's been widespread anxiety over EVs, a phenomenon dubbed EV phobia by local media

No new EV facility planned beyond Chakan plant: Mahindra & Mahindra

Company will roll out Born EVs from Chakan plant by 2025

Hybrid, EVs each could have 8 per cent market share by FY28: ICRA

The share of compressed natural gas (CNG)-run cars is also expected to increase from 14 per cent in 2023-24 to 18 per cent in 2027-28

'Almost $1.3 trillion EV opportunity for emerging mkts, India at forefront'

Case studies from Mahindra Last Mile Mobility Limited and Battery Smart also found that manufacturing and infrastructure for EVs are increasing across the region

Mobility sect in Asian mkt to absorb $1.3 trn in green fund by 2030: Report

The mobility sector in emerging markets of South and Southeast Asia is growing so rapidly that it could absorb up to USD 1.3 trillion in green capital by 2030, mirroring China's phenomenal electric vehicle (EV) growth, according to a report. The Powering an affordable EV revolution in emerging Asia report, released on Friday -- ahead of the Climate Week NYC by investors LeapFrog Investments and Temasek alongside electric mobility companies Mahindra Last Mile Mobility Limited and Battery Smart -- showed affordable entry points for electric mobility across the low-income markets of emerging Asia. An analysis of the lifetime cost of owning an electric vehicle versus fossil-fuel powered vehicles highlighted how electric scooters and electric three-wheelers have hit price tipping points across the region, spiking demand for green mobility even amongst first-time vehicle buyers. Case studies from Mahindra Last Mile Mobility Limited and Battery Smart also found that manufacturing and ...

SC refuses to transfer trial in 2015 cash-for-vote case involving T'gana CM

The Supreme Court on Friday refused to transfer the trial in the 2015 cash-for-vote case, involving Chief Minister A Revanth Reddy and others, from Telangana to Bhopal. The apex court directed Reddy not to interfere in any way with the functioning of prosecution in the case. A bench of Justices B R Gavai and K V Viswanathan directed that the Director General of the anti-corruption bureau (ACB) would not report to the Telangana CM with regard to the prosecution of the case. The counsel appearing for Reddy told the court that the plea seeking transfer of trial in the case was filed with a "political motive". The apex court, which had earlier voiced strong displeasure over Reddy's comments on the top court granting bail to rival Bharat Rashtra Samithi (BRS) leader K Kavitha in cases linked to the alleged Delhi excise policy scam, said it was expected that all the three wings of the Constitution showed mutual respect for functioning of each other. The bench took note of an affidavit f

Govt issues revised guidelines for electric vehicle charging stations

The scheme addresses the range anxiety of EV buyers by promoting the installation of electric vehicle public charging stations

Hero MotoCorp's e-scooters to debut in the UK and EU markets in 2025

Indian automaker Hero MotoCorp will be entering the UK, France, and Spain markets with its Vida e-scooters

Maruti Suzuki to set up 25,000 EV charging stations ahead of eVX launch

Maruti plans to price the eVX between Rs 20-25 lakh and aims to sell 3,000 units within the first three months of its release

Penetration of electric vehicles growing across segments in auto industry

Tata Motors reported a penetration of 12.05 per cent, down from 12.61 per cent last year, while JSW-MG Motors surged to 33.77 per cent, up from 23.75 per cent

PM E-DRIVE to boost electric vehicle adoption, says H D Kumaraswamy

FAME-II proved to be financially successful, with approximately 93 per cent of targeted vehicles incentivized and 92 per cent of the allocated funds utilised, Kumaraswamy said

EV tariffs will damage Germany, China: Chinese commerce minister

Wang is visiting Europe for talks on the EU's anti-subsidy case against Chinese-made EVs ahead of a vote on more tariffs

From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in 2024

In the two-wheeler sector, three out of the top five EV manufacturers-Ola Electric, TVS Motor, and Ather Energy-are already based in the state