Page 82 - Electric Vehicles

GST Council likely to consider 'zero tax' on millet mix in meeting

Council may maintain status quo on reducing tax rates on EV batteries to 5% from 18%

Reliance unveils swappable, multipurpose batteries for EVs for clean energy

The idea is that a person can use one battery for mobility as well as for powering appliances at home, company executives at the event said

BYD set to race past Tesla as world's biggest electric car seller: Report

China's best-selling car brand came within a whisker of toppling Tesla last quarter after factory downtime led to the US automaker's first delivery decline in more than a year

India caught between Davids & Goliaths in global clean energy face-off

The US and Europe are offering 8 to 10 times more subsidies amounting to a massive $650 billion, around 18 per cent of India's gross domestic product

Tesla Inc's sales drop brings BYD the closest ever to global EV crown

Including hybrids, Shenzhen-based BYD sold a total 822,094 vehicles for another record quarter, helping it cement its lead as China's best-selling car brand

India Inc's electric vehicle battery-making plans hinge on China imports

The processing, as well, remains heavily dependent on China for more than 90 per cent of the requirements, industry executives point out

Tesla misses market estimates for quarterly deliveries, shares fall 3.7%

The electric-vehicle maker handed over 435,059 vehicles in the three months to Sept. 30, down nearly 7% from the preceding quarter

EV maker Rivian beats Q3 delivery estimates after raising production

The Irvine, California-based startup said it was on track to produce 52,000 vehicles in 2023 - a target it raised in August from 50,000 vehicles as supply-chain bottlenecks eased

JLR aims to roll out 8 battery electric vehicles in India by 2030: Official

Tata Motors-owned Jaguar Land Rover (JLR) aims to launch eight battery electric vehicles (BEVs) in India by 2030, according to a senior company executive. The company currently sells one electric model -- Jaguar I-Pace -- in the country. In an interaction with PTI, JLR Chief Commercial Officer Lennard Hoornik said the automaker will commence taking orders for the Range Rover BEV for the Indian market next year with deliveries expected to begin in 2025. "We are planning to introduce at least 8 BEVs by the end of the decade in India," he noted. The British automaker, a wholly-owned subsidiary of Tata Motors since 2008, aims to become a net-zero carbon business globally by 2039. Terming the Indian market a "big strategic priority" for the automaker, Hoornik noted that the country is in the right direction when it comes to transitioning into electric mobility. He said subsidy push in the initial phase, setting up the right amount of charging infrastructure and having a great product

L&T Finance to provide up to 100% loan on Ather EV's on-road price

The amount of loan being financed will be determined based on the credit profile of the customer of Ather Energy

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