Page 73 - Electric Vehicles

Tata Passenger Electric Mobility arm ties up with 4 charge point operators

Tata Passenger Electric Mobility (TPEM) on Monday said it has tied up with charge point operators Chargezone, Glida, Statiq, and Zeon. The company, a part of Tata Motors, has inked a memorandum of understanding (MoU) with the four charge point operators (CPOs). TPEM will actively assist the four CPOs in installing chargers at locations most frequented by its EV owners and share insights on how the chargers are being used to help understand and enhance customer experience, the Mumbai-based auto major said in a statement. Through this MoU, TPEM will also work with Chargezone, Glida, Statiq, and Zeon to explore the possibility of rolling out a smart payment gateway through co-branded RFID cards, respectively, that will enable ease of payment for Tata EV users. "EV adoption is a national imperative to address urban pollution, and convenient charging infrastructure is a key enabler for driving faster EV adoption. The need of the hour for accelerating a nationwide charging ecosystem is

Tata Power, Indian Oil tie up to deploy 500 EV charging points across India

Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, a statement said. Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and one of the leading EV Charging solutions providers, and the IOCL have signed a memorandum of understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV) charging points across India. These EV charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as across major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilateral. This strategic collaboration focuses on building a reliable and expansive intercity charging network which will help

Tata Power ties up with Indian Oil to set up over 500 EV charging stations

IOCL said it is aiming to provide 10,000 EV charging stations in India by 2024 transforming the retail network to complete energy solutions outlets

China may achieve circular economy in EV batteries before EU, US: Study

Researchers have predicted that China could achieve a circular economy in electric vehicle batteries before Europe and the US. They said that 2059 onwards, China will be able to employ recycling to meet its own demand for primary lithium for electric vehicles, obtained through mining. However, Europe and the US will not achieve this feat until after 2070, the scientists from the University of Mnster, Germany, said. They conducted an analysis to find when the demand for the three most important raw materials for batteries -- lithium, cobalt and nickel - could be met entirely through recycling in Europe, the US and China and when a completely circular economy would be possible in this segment in these regions. The research team has published its findings in the journal Resources Conservation and Recycling. With regards to cobalt, the researchers found that China would be able to meet its needs through recycling after 2045, at the earliest, whereas in Europe and the US, this would no

Need consistent EV policy, no need for company-specific sops: FICCI

The government should not dilute Make in India initiative and follow a consistent policy, Ficci EV Committee Chairperson Sulajja Firodia Motwani said amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. Motwani, the founder and CEO of Kinetic Green which sells battery-operated three-wheelers, scooters, e-cycles, and buggies, also emphasised creating a holistic ecosystem for the growth of the electric vehicle segment. She also batted for the continuation of incentives for buying EVs to sustain the demand for the next few years. Motwani also noted that the industry body is also pushing for the inclusion of electric cars priced up to Rs 20 lakh to get incentives under the third iteration of the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) India scheme. "I strongly feel that the Make in India policies that the government has put in place, there should not be any reversal because now people have started ...

China to set up auto research institute in Thailand as EVs gain traction

Thai govt tax incentives and subsidies already drawn Chinese carmakers, including BYD and Great Wall Motor, which committed to investing $1.44 billion in new production facilities in the country

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

Kia India onboards multiple charge point operators for EV charging

Kia India on Wednesday announced onboarding multiple charge point operators (CPOs) for EV charging and the addition of a new feature, 'K-Charge', in its charging app. The new feature in the 'MyKia' app allows users to discover over 1,000 EV charging stations nationwide, the company said in a statement. Besides, the carmaker has also extended access to this charging network to non-Kia customers, Kia India said. Kia has collaborated with five CPOs -- Statiq, ChargeZone, Relux Electric, Lion Charge, and E-Fill -- to enable this initiative, the company said. "K-Charge is not just a convenience initiative for our customers but a step towards making sustainable mobility convenient and accessible for everyone. We strongly believe that the technology transition towards a complete EV future ought to be smooth, and the K-Charge, integrated into the 'MyKia' app, is a well-thought-out step in that direction," Hardeep Singh Brar, national head of sales and marketing at Kia India, said. With th

To meet EV target, OEMs need to rev up entry segment: Bain & Company

Achieving the target requires EVs to grow more than tenfold in volumes in the next six-seven years with penetration going up from the current 5 per cent to 40 per cent by 2030

Govt to take serious note of dumping of lithium-ion battery waste: Gadkari

The government will take serious note of any report about ill effects of dumping lithium-ion battery waste on the environment and is promoting circular economy for recycling of various waste materials, Road Transport and Highways Minister Nitin Gadkari told Rajya Sabha on Wednesday. The issue of ill effect of lithium-ion battery waste dumping and on workers in manufacturing units of this storage system was raised by Congress member Ranjeet Ranjan during the question hour in the Rajya Sabha. In a supplementary question, Ranjan stated that there is a research report which highlights the ill effect on the health of workers involved in the process of manufacturing lithium-ion batteries. The report also shows that the dumping of these batteries after completing life cycle affects the environment and poisons earth and deteriorates soil fertility, she stated. In response, Gadkari said, "There is no such report or finding with us. If anything of such sort comes to our notice then we will .

Hero MotoCorp, Ather Energy partner on interoperable EV charging stations

The network of charging stations will be available to be located through the applications 'My VIDA' and the Ather App

US sets limits on sourcing material from China to receive EV tax credits

The restrictions will apply to battery components next year, then include suppliers of key battery raw materials, such as nickel and lithium, in 2025

Ficci submits proposal for continuation of demand incentives for EVs

Industry body FICCI on Monday said it has submitted its proposal to the Ministry of Heavy Industries for the continuation of the FAME scheme for the next five years, with a review at the end of three years. The time period for the current FAME II scheme is till March 2024. Sudden withdrawal or discontinuation of upfront price incentives will lead to up to 25 per cent price increase of EVs and this may derail EV adoption momentum substantially, also impacting further investments in the EV sector, and disrupting gains made so far, noted FICCI. Purchase incentives on EV vehicles are being continued in markets like Canada, the US, Korea, etc. to achieve their electrification ambitions and India cannot be left behind and miss the EV bus, it argued. "EV penetration in India is only 5 per cent currently. It is imperative to continue FAME scheme to achieve critical mass towards reaching overall 30 per cent EV penetration targets by 2030, stated by Government of India and to also help meet

Indian Oil opens its first EV battery swapping station in Kolkata

Indian Oil Corporation (IOC) on Monday opened its first battery-swapping station in Kolkata for electric vehicles (EV). The oil marketing PSU opened the facility at its retail outlet in New Town on the eastern outskirts of the city in collaboration with Sun Mobility, the company said in a statement, adding that this marks a significant step forward in promoting sustainable and accessible electric mobility solutions across the city. Battery-swapping technology for two and three-wheeler EVs has proven to be a game-changer across India. IOC director (marketing) V Satish Kumar said, "The battery-swapping technology presents a significant opportunity for promoting sustainable electric mobility solutions. This facility is expected to play a pivotal role in the adoption of EVs and spearhead energy transition in eastern India." In the coming months, IOC, in association with Sun Mobility, will install more battery-swapping facilities at its retail outlets, allowing drivers to access its ...

Ola Electric clocks highest registration of 30,000 scooters in Nov

Company says it leads market with 35%, expects to continue its position

Tesla India entry: 'Will never give firm-specific incentives in EV sector'

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" come to any conclusion on those. In 2021, the US-based electric car maker demanded a reduction in import duties on electric vehicles (EVs) in India. It had requested the government to standardize the tariff on electric cars to 40 per cent irrespective of the customs value. At present, cars imported as completely built units (CBUs) attract customs duty ranging from 60 per cent to 100 per cent, depending on engine size and cost, ..

New US rules aimed at curbing China could limit tax credits for EVs

The Biden administration proposed new rules on Friday that could make it harder for electric vehicles to qualify for a full USD 7,500 federal tax credit, complicating efforts to meet President Joe Biden's goal that half of new passenger vehicles sold in the US run on electricity by 2030. Plans outlined by the Treasury and Energy departments would limit EV buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States. The new rules required under Biden's signature climate law approved last year are likely to slow consumer acceptance of electric vehicles just as Biden is trying to ramp up sales to help meet his goal to cut planet-warming greenhouse gas emissions in half by 2030. EV sales have tripled since Biden took office, but the US still depends on foreign sources especially China for many of critical minerals needed to produce EV batteries. The proposals are set to .

JSW group to buy 35% stake in joint venture with SAIC Motor of China

MG Motor India JV to focus on electric vehicles