Page 2 - Ev Policy

Odisha to launch EV Policy 2.0 to target 50% BEV registrations by 2036

The policy framework was discussed at a meeting held here in presence of Usha Padhee, principal secretary, Commerce & Transport, and Vishal Kumar Dev, principal secretary, Energy

Electric vehicles: Why change is needed and how to make it happen

By 2030, the penetration of EV sales would be 70 per cent of all new commercial cars, 30 per cent of private cars, 40 per cent of buses, and 80 per cent of two- and three wheelers

Harrier.ev in driver's seat as Tata Motors eyes 50% market share in EVs

Electric PV market expected to grow by over 50% in FY26; company yet to disclose full price range of Harrier EV

Battery storage PLI scheme likely to be tweaked to add more sectors

As of now, the plan is to extend coverage to all sectors or all aspects of batteries like data centres, telecom towers, power backups, etc

Maharashtra's new EV policy may take 'toll' on toll operators' cash flows

Toll waivers on major highways may impact cash flows of operators like IRB, but low EV penetration and expected compensation make long-term effect minimal

Early EV adopters pull ahead in sales; post twice the sales of latecomers

In FY25 alone, India recorded 1.96 million EV sales, with a penetration rate of 7 per cent, says Gagan Sidhu

EV car policy may be tweaked based on free trade agreement outcomes

The Centre notified SMEC in March last year to turn India into a hub of electric vehicle (EV) manufacturing

NHEV eyeing east and west corridors for expansion, says Abhijeet Sinha

The expansion plan involves 1,401 kilometres in the west and 2,164 kilometres in the east, targeting 13 highways

Power subsidy for Delhi homes, farmers, lawyers, riot victims to continue

Delhi Transport Minister Dr Pankaj Kumar Singh on the EV policy said that all vehicles will continue to ply

Global EV sales up 18% in January; growth in Europe, US outpaces China

Global sales of fully electric vehicles and plug-in hybrids (PHEV) rose 17.7 per cent year on year to 1.3 million in January, the third consecutive month of slowing growth

India to become EV production hub, aims for small electric cars: Suzuki

Japan's Suzuki Motor Corporation plans to enter the electric small car segment in future after gathering experience from its first EV, SUV e VITARA which will make its global debut in India which will be the company's production hub, its Representative Director and President Toshihiro Suzuki said on Thursday. The Japanese carmaker also believes that despite declining sales, small cars will not cease to exist in India, where its subsidiary Maruti Suzuki India is the market leader, as "one billion people" who are likely to upgrade from two-wheelers to four-wheelers in future would still need affordable cars, Suzuki told reporters here in an interaction. Maruti Suzuki India will unveil the e VITARA on Friday at the Bharat Mobility Global Expo 2025 being held at Bharat Mandapam. "Although we are launching our first EV, e VITARA, my personal feeling is that the compact vehicles will be the best for EVs... (but) I think first one has learn and master properly the manufacturing techniques

Gensol Ezio EV to debut at Bharat Mobility Expo 2025 with 200 km range

The Ezio EV will be a quadricycle-like, two-door, two-seat model delivering a claimed range of up to 200 km

Delhi govt increases budget outlay by Rs 1,700 crore to Rs 77,700 crore

According to the documents presented in the Delhi assembly on Wednesday, the government has allocated additional funds of Rs 400 crore in revised estimates for 2024-25 under the Scheme MLALAD

Govt to expand EV manufacturing incentives after Tesla disappointment

Under the policy announced in March, an automaker investing at least $500 million to manufacture EVs in India with 50 per cent of components sourced locally is entitled to a huge cut on import taxes

India needs up to $30 bn for EV charging infra to double growth pace: IESA

India needs investment worth USD 20-30 billion in the EV charging infrastructure to double the pace of growth of the segment, industry body IESA said on Thursday. It is a very niche segment which has just started picking up in the country, India Energy Storage Alliance (IESA) President Debi Prasad Dash said. Sharing his estimates, Dash said the EV charging infrastructure segment is growing at a rate of 25-30 per cent currently in India. To double this growth, investments worth USD 20-30 billion would be required, he said at the 'IESA India EV Fast Charging Summit' in the national capital. On PM E-Drive Scheme, Dash said "We (industry) all are waiting for the scheme to be floated. A few of the things the government is considering before outing the full scheme is they are trying to (figure out) state-wise demand allocation, considering the density of the vehicles in different localities in states and cities." It will give a boost to the EV Charging space and adoption of EVs in the .

Germany's new lithium deal aims to reduce Europe's reliance on China

German Chancellor Olaf Scholz was in Serbia on Friday to discuss a tentative deal with the Balkan country to excavate lithium, a mega project that could reduce Europe's dependency on China but one that has been fiercely criticised by environmentalists and opposition groups. Germany, the largest carmaker in Europe, is seeking to secure lithium for its electric vehicle makers as the European Union struggles to reduce its dependence on imports from China. Lithium is a critical substance in making batteries for electric vehicles China currently dominates the supply chain for lithium-ion batteries. The excavation of lithium was back in the limelight after Serbia's constitutional court earlier this month overturned a previous ruling to cancel a USD 2.4 billion mining project launched by British-Australian mining giant Rio Tinto in the western Serbian valley of Jadar, which is believed to be the largest lithium discovery in Europe. The Serbian government's decision to cancel the excavatio

Centre likely to roll out electric vehicle policy guidelines by Sept-end

The scheme provides a window of 120 days or more from the date of its notification to receive applications

Is govt's new EV policy seeing a muted response from car companies?

The Ministry of Heavy Industries, responsible for automotive industry matters, has conducted one round of consultations with carmakers but has not yet secured significant commitments

Expecting good response from several firms on EV policy: DPIIT Secy

The government on Saturday said India is expecting good response from many automobile companies on its electric-vehicle (EV) policy, which was released in March to attract global players like Tesla. Secretary in Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that in the policy, the government has used tariff tweaks without actually spending any money to seek commitments from manufacturers to set up base in India. "Everybody talks about one company (US-based EV major Tesla), but we are expecting responses from many companies to that policy," Singh said here at CII's annual business summit. On March 15, the government approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players like Tesla. As per the policy, a company will get three years to set up manufacturing facilities i

US suggests additional tariffs if China moves EV production to Mexico

The Biden administration is suggesting that additional tariffs could be put in place if the Chinese makers of electric vehicles try to move their production to Mexico to avoid newly announced import taxes. President Joe Biden on Tuesday directed the office of the U.S. Trade Representative to impose a total tariff in excess of 102% on Chinese EVs, as well as directing new tariffs on other products including steel, aluminum, computer chips and solar cells. But Chinese EV company BYD has previously indicated that it was looking at factory sites in Mexico for the Mexican market, creating a possible loophole to avoid the expanded tariffs. Asked at the White House news briefing about new tariffs should Chinese companies launch production in Mexico, U.S. Trade Representative Katherine Tai said, Stay tuned. Tai said that additional tariffs would require a separate pathway from the Section 301 review of the Trade Act of 1974. That four-year review led to the tariffs on $18 billion worth of