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Govt to scrap registration fees for buying electric vehicles: Javadekar

By : Sustainability ..., Feb 13, 2020

The government is promoting electric vehicles (EV) by proposing to drop registration fees and using the Union Budget to given an additional income tax deduction of Rs 1.5 lakh on interest paid on loans taken to purchase such transport, said Prakash Javadekar, Minister of...

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India's auto industry has leapfrogged to BSVI in record time: Nitin Gadkari

By : Sustainability ..., Feb 7, 2020

Four years ago, a tweet by Minister of Road Transport and Highways Nitin Gadkari had set the cat among the pigeons in India’s automobile industry. “My colleagues — Prakash Javadekar, Anant Geete, Dharmendra Pradhan — and I have taken the unanimous decision to leapfrog from...

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Hero Cycles to invest Rs 250 cr to set up eCycle valley in Punjab

By : Sustainability ..., Feb 7, 2020

The country's largest bicycle maker Hero Cycles would invest around 250 crore to set up an eCycle valley in Punjab, where it would have an entire ecosystem for manufacturing electric bicycle. The total investment in 100-acre project would be around Rs 600 crore, in which the...

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Indian Oil Corp, Israel's Phinergy sign JV to produce metal-air batteries

By : Sustainability ..., Feb 5, 2020

Indian Oil Corp, the country's top refiner, has bought a minority stake in Israel's Phinergy and signed a joint venture deal to produce metal-air batteries, an alternative to more mainstream lithium technology. IOC Chairman Sanjiv Singh said the IOC could use its vast retail...

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Kinetic Green partners with BPCL to launch electric 3W on battery swapping tech

By : Sustainability ..., Feb 4, 2020

Kinetic Green Energy and Power Solutions Ltd, part of the Kinetic & Firodia Group on Monday announced partnership with Bharat Petroleum Corporation Limited (BPCL) to launch electric vehicle mobility solution based on swappable battery technology. Under 'e-Drive'...

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Delhi 2020: Congress promises unemployment allowance, free electricity up to 300 units

By : Sustainability ..., Feb 4, 2020

The Congress on Sunday released two manifestos for the Delhi Assembly elections — the first one focussing on creating jobs, new pension scheme, and cashback schemes for water and electricity and the second one on ways to curb the rising air pollution in the Capital. Party...

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US-based DEP unveils EV scooter prototype for Indian market

By : Sustainability ..., Jan 29, 2020

Unveils an electric scooter prototype to show its prowess US-based Detroit Engineered Products (DEP), an engineering solutions and product development company, is keen to offer its expertise in developing electric vehicles (EVs) and its associated systems at a frugal cost for...

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India’s electric vehicle ambitions could stumble on lack of Lithium

By : Sustainability ..., Jan 21, 2020

India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium. Home to some of the most polluted cities on the planet, the South Asian nation is pivoting toward new-energy vehicles to clean up its toxic air. But...

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Mitsui & Co. to make electric vehicle motors in India

By : Sustainability ..., Jan 21, 2020

Japanese trading house Mitsui & Co. will produce electric vehicle motors in India in partnership with Taiwanese motor manufacturer Teco Electric and Machinery, likely becoming the first Japanese company to make EV motors in the country. Teco is the world's fourth-largest...

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Amazon India to add 10,000 electric vehicles to its delivery fleet by 2025

By : Sustainability ..., Jan 20, 2020

Amazon India on Monday said its fleet of delivery vehicles in the country will include 10,000 electric vehicles (EVs) by 2025. The move follows successful pilots across different cities last year, learnings from which have helped Amazon India create scalable and long-term EV...

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