Page 79 - Electric Vehicles

20% cars sold in metros run on alternate fuels; sales doubled in last 3 yrs

Given the growing acceptance of hybrid and electric vehicles, the combined share of diesel and petrol vehicles has taken a hit and gone down by 8.27% and 4.64% in urban and rural markets, respectively

Two-wheeler majors TVS, Bajaj Auto close the gap with startups in EV game

Bajaj Auto has virtually closed the gap with Ather Energy in September, notching up 6423 EV registrations compared to 6466 registrations by Ather as on Thursday

Indian EV charger maker Exicom Tele-Systems files for $48 million IPO

The company proposes to utilise the proceeds for partially financing the cost of setting up production lines at its planned manufacturing facility in Telangana

350 public electric vehicle charging points will be set up, says NDMC

The New Delhi Municipal Council (NDMC) has decided to set up 350 public electric vehicle charging points, officials said on Wednesday. The NDMC, in its Council Meeting, also discussed the framing and amendment of Recruitment Rules (RRs) for different posts in the civic body. "The indicative scope of work for setting up Public EV charging stations includes selective quantities/locations for installation of Public EV charging stations that will be provided to the PSUs in the initial stage. Further allocation of quantities/locations will be decided by the NDMC considering the performance parameters delivered by the PSUs, NDMC vice-chairman Satish Upadhyay said. Collaborating with the PSUs on promoting electric vehicles, including two-wheelers, in the NDMC area was also approved by the council, he said. The NDMC approved the signing of MoU between the NDMC and HLL Infra Tech Services Ltd., Rajasthan Electronics & Instruments Limited (REIL) and Kerala State Electronics Development ...

Demand for EV charger to grow at 65% CAGR to reach 3 mn by 2030: Report

The domestic demand for EV chargers is likely to grow at a CAGR of 65 per cent to reach the 3 million unit mark by 2030, according to a report. More than 17,000 units of electric vehicle (EV) chargers were sold in 2021, the joint report of Customized Energy Solutions(CES) and India Energy Storage Alliance (IESA) said. The Indian EV charger market is poised to expand at an impressive CAGR of 65 per cent between 2022 and 2030 to achieve annual sales of 3 million units to meet the requirement of chargers to meet the national EV scenario (NEV) by 2030, the report titled 'India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview' said. The demand will be driven by government initiatives and private investments, it added. Rahul Walawalkar, founder and president, IESA, and MD of Customized Energy Solutions India, said: "India's electric revolution is gaining momentum at an astonishing pace. Government policies and private investments are propelling us towards a ...

IISc team develops indigenous gallium nitride power switch for EVs, laptops

Researchers at the Indian Institute of Science (IISc) have developed a fully indigenous gallium nitride (GaN) power switch that can have potential applications in systems like power converters for electric vehicles and laptops, as well as in wireless communications. The entire process of building the switch from material growth to device fabrication to packaging was developed in-house at the Centre for Nano Science and Engineering (CeNSE), IISc. Due to their high performance and efficiency, GaN transistors are poised to replace traditional silicon-based transistors as the building blocks in many electronic devices, such as ultrafast chargers for electric vehicles, phones and laptops, as well as space and military applications such as radar, Bengaluru-based IISc noted in a press release on Wednesday. It is a very promising and disruptive technology, says Digbijoy Nath, Associate Professor at CeNSE and corresponding author of the study published in 'Microelectronic Engineering'. But

Fresh consultations with stakeholders on battery swapping policy soon

The objective of the meeting is to streamline the standards for battery-swapping technology, ensuring compatibility across various EV models and charging stations

Boost in solar energy, EV sales gives hope for climate goals: Research

The window to limit human-caused warming to a globally agreed goal is narrowing but still open because of the huge growth of solar energy and electric vehicles sales worldwide, a report said on Tuesday. For the last two years, the rate of the build up of solar energy and electric vehicle sales were in line with achieving emissions reductions targets that will help cap warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels, the Paris-based International Energy Agency said. But renewable power needs to triple by 2030, the sale of EVs needs to rise much more sharply 70 per cent of all vehicle sales as opposed to the current 13 per cent and methane emissions from the energy sector needs to fall by 75 per cent if global warming is to be curbed to the the Paris Agreement goal. Methane is a powerful greenhouse gas that is up to 80 times more potent than carbon dioxide in the short term. Investments in climate action also need to rise, from USD 1.8 trillion i

Tamil Nadu firms shine in India's 1 mn EV sales; contribute over 40%

State expects investments worth Rs 50,000 cr in EV manufacturing by 2025

Shyam Metalics to foray into lithium ion battery-grade aluminum production

City-based Shyam Metalics and Energy Limited on Monday announced its entry to battery-grade aluminum foil, a critical component in lithium-ion cells, anticipating growing demand from Indian companies foraying into the new-age batteries. The company is a producer and exporter of aluminum foil for various industrial applications with an annual production capacity of 20,000 tonnes per annum. The company officials, however, did not elaborate on the capacity that would be catered to the battery segment or mention any capital expenditure for foraying into lithium-ion cell grade aluminium foil. Shyam Metalics in a statement said for the production of 1GWh (Gigawatt-hour) of LFP (Lithium Iron Phosphate) cells, which power a wide variety of electric vehicles and energy storage systems, 350 tons of high purity and uniform-thickness aluminum foil is required that acts as a positive (cathode) current collector. The demand for aluminum foil doubles for sodium-ion batteries, where both positive

Refex group expands Green Mobility business, to add 10,000 EVs in 3 years

The city-based Refex group engaged in diverse businesses has expanded its Green Mobility vertical here, a top official said on Monday. The company had launched the Refex Green Mobility Ltd business in Bengaluru in March this year and has now forayed into the Tamil Nadu market, Refex Group Managing Director Anil Jain said. According to him, the company currently has 497 electric vehicles, nine clients including one in Chennai and engaged in discussions with 30 other customers under the Green Mobility vertical. Jain, in an interaction with PTI said, the company serves clients in the transportation of their employees from office to residence or residence to office with battery operated vehicles as against the earlier mode of transport which is on vehicles run on internal combustion engine (ICE). "We are an employee transportation company catering to B2B (business to business). We want to cater to corporates across India. We started the operations in Bengaluru in March, now we have ...

Refex Group to invest Rs 1,300 cr in unit catering to business travel

Green mobility unit to uses electric vehicles to transport corporate workers

Tesla proposes building EV battery storage factory in India: Report

While both Tesla and the Indian government remain keen on the proposal, and New Delhi continues to review it, it is not certain if the plan will be realised, said the first source

JSW in talks with LG Energy Solution to make EV batteries in India

The Indian company is also talking to other battery players including China's CATL and Japan's Panasonic and Toshiba as it looks to build a local supply chain for EVs

TVS Motor announces India's first racing tournament for electric 2-wheelers

Event will be exclusively for company's Apache RTE motorcycles that will make debut

Electric buses can give us a future where planet will be livable: US

US Ambassador to India Eric Garcetti on Wednesday said electric buses can change the world and give a future where the planet will be liveable. The ambassador travelled in an Indian electric bus to attend a session on "accelerating deployment of electric buses in India". "It was very exciting for me to be on an Indian electric bus. We know that electric buses can change the world. They are quieter, cleaner, they help us reduce our carbon (footprint) and give us a future where our planet will be livable. "It is one of the reasons the United States government is working with our friends in the Government of India to get more electric buses on the streets of Indian cities. So, we have launched an initiative to have 10,000 electric buses be on Indian streets," he said. The United States and India launched a mechanism that will facilitate deployment of 10,000 made-in-India electric buses in cities across the country, bringing into reality a joint vision first announced during Prime ...

Battery of electric two-wheeler explodes while charging in Delhi's CR Park

The battery of an e-scooter exploded at a shop in south Delhi's CR Park area, police said on Wednesday. No one was injured in the incident, they said. Police said the shop owner was charging the two-wheeler battery when it exploded around 11.45 pm on Tuesday. They said the shop is owned by Raju Sahu, a resident of Kalkaji.

India's electric vehicle sales zoom past 1 million in 2023, shows data

The two-wheeler segment accounted for 56 per cent of the EVs sold in 2023, followed by three-wheelers and passenger vehicles

Tesla, Saudi in early talks for EV unit; Tayyip Erdogan also seeks a plant

Musk is also set to meet Israeli Prime Minister Benjamin Netanyahu in California on Monday

E-scooter maker Ather readies new models, exports after subsidy cuts

India's electric scooter market is small but growing, with e-models accounting for 5% of total scooter and motorcycle sales in the last fiscal year against a government target of 70% by 2030