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How Chandigarh promotes electric vehicles: Power tariff reduced for charging stations

By : Sustainability ..., Jun 10, 2020

For promoting electric vehicles, Joint Electricity Regulatory Commission (JERC) has introduced single-part tariff for their charging stations. The JERC has removed fixed charges and reduced energy charges from Rs 4 per kilowatt hour (Kwh) to Rs 3.80 per Kwh. The new tariff...

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Tata Power to Expand EV Charger Network to 700 by FY21

By : Sustainability ..., May 29, 2020

In line with Tata Group’s ambition of expanding into e-mobility space via group companies, utility giant Tata Power on Thursday disclosed its substantial investment plan of expanding its network of smart electric vehicle (EV) charging points to around 700 by FY21. The country...

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Euler Motors raises ₹20 crore as part of Series A funding

By : Sustainability ..., May 27, 2020

Euler Motors, the automotive technology start-up focused on commercial Electric Vehicles (EVs) said that it has raised INR 20 crore as a part of its ongoing Series A funding led by Inventus Capital India. The other investors in this round include Blume Ventures, Singapore...

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80% vehicles will still run on IC engines by 2030: Bosch Ltd

By : Sustainability ..., May 26, 2020

Senior executives at Bosch Ltd estimate that 80% or more vehicles sold in India in 2030 will still be powered by the internal combustion engine or ICE technology. The forecast comes in contrast to the government’s ambition, which looks to achieve penetration of electric...

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India's annual EV sales to cross 2 million mark by 2040: BloombergNEF

By : Sustainability ..., May 26, 2020

The sales of electric vehicle units in India will cross two million mark by 2040 on the back of falling prices of lithium ion batteries over the next decade, according to BloombergNEF. "The cost improvements will help drive annual EV sales to above two million units by 2040,...

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Okaya Joins CharIN EV to Enhance Charging Experience, Promote E-Mobility

By : Sustainability ..., May 12, 2020

With an aim to enhance charging experience and promote electric mobility in the country, Okaya Power Pvt Ltd, an arm of Rs 7 billion Okaya Power Group, has now become a member of the Charging Interface Initiative (CharIN E.V.), an open coalition of world-class firms within...

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Electric cars help limit climate change despite blackspots in India, Poland

By : Sustainability ..., Mar 24, 2020

Plug-in vehicles emit less greenhouse gases than petrol and diesel models over a car’s lifetime – that includes the mining of metals or lithium for batteries, manufacturing, driving 150,000 kilometers and finally scrapping, a study published in the journal Nature...

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Chinese, South Korean companies keen to invest in Haryana in EV sector

By : Sustainability ..., Mar 19, 2020

Top companies of South Korea and China have evinced interest in making multi crore investment in Haryana in the field of electric vehicles and Information Technology. The interest was shown by the investors during a meeting held under the Chairmanship of Chief Minister,...

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XNRGI Opens Lithium Metal Battery Factory with 240MWh per year Capacity

By : Sustainability ..., Mar 13, 2020

XNRGI has opened a High Temperature (HT) lithium ion battery factory in Gurugram, India (formerly Gurugaon, India) capable of producing 240MWh of battery storage each year.The factory has begun production of its HT Mobility Smart Telemetry Battery XM5kWh for Rickshaws, E-...

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Karnataka govt gives massive thrust to decongest Bengaluru, allots Rs 8,772 cr for city development

By : Sustainability ..., Mar 6, 2020

Recognising the importance of Bengaluru as the key driver of state's economy, the Chief Minister B S Yediyurappa on Thursday mooted proposals to ease the notorious traffic congestion of the city by promoting the public transport system. "For the year 2020-21, a total amount...

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