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Global NEV market to grow to $567,299.8 million by 2025By : Sustainability ..., Jan 10, 2020
Globally the new energy vehicle (NEV) market will grow to $567,299.8 million by 2025 at a CAGR of 22.3 per cent, claims a study by Market Insights Reports. The NEV market across the world was valued at $118,864.5 million in 2017. The new energy vehicles include not only... Read more.. |
Dept of Heavy Industries sanctions 2,636 charging stations to support EVsBy : Sustainability ..., Jan 6, 2020
In order to enhance clean mobility in the road transport sector, the Department of Heavy Industries has sanctioned 2,636 charging stations under the second phase of the Faster Adoption and Manufacturing of Electric (FAME) Vehicles in India scheme. With this, the total number... Read more.. |
Electric 2-wheeler makers learning to survive without subsidy: SMEVBy : Sustainability ..., Jan 6, 2020
Mass segment electric two-wheeler makers are learning to "live without government support" as FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "... Read more.. Subject Tags: electric two-wheeler , EV subsidy , FAME II , Society of Manufacturers of Electric Vehicles (SMEV) |
Hero Electric delays Rs 700 cr investment by a yr after failure of FAME IIBy : Sustainability ..., Jan 2, 2020
Leading electric two-wheeler maker Hero Electric has put on hold investment of up to Rs 700 crore by a year with the sector taking a nosedive as FAME II, scheme aimed to promote electric vehicles, has failed to deliver, according to a top company official. Calling for a... Read more.. |
Bengaluru: 2020 may be a better year for urban mobilityBy : Sustainability ..., Dec 31, 2019
Bengaluru, which is perennially dogged by chock-a-block roads, can look forward to 2020 with some hope and expectation, going by the promises made by various government agencies to unveil projects to benefit urban mobility. With more than 80 lakh vehicles and average speed... Read more.. Subject Tags: electric buses , electric vehicle charging , FAME II , traffic congestion , Urban Mobility |
Hyderabad firm may emerge as lowest bidder for e-bus projectBy : Sustainability ..., Dec 20, 2019
Hyderabad-based Olectra Greentech Ltd (formerly Goldstone Infratech Ltd) and its Chinese technical partner BYD are likely to emerge as the lowest bidder in the electric bus project of state corporations in Karnataka, multiple sources in state transport undertakings (STUs)... Read more.. |
With Make in India, BYD looks to make country EV hub for the regionBy : Sustainability ..., Dec 17, 2019
V Rishi Kumar BYD Co Limited, the diversified business conglomerate based in Shenzhen, China, is on expansion mode in India through the ‘Make in India’ drive. It is in the process of stepping up its engagement in India in the entire electric mobility chain and electronics,... Read more.. |
Surat Municipal Corporation standing committee approves tender for 150 electric busBy : Sustainability ..., Dec 16, 2019
With Surat Municipal Corporation’s (SMC) standing committee approval of the tender by a Secunderabad-based company for operating 150 electric buses in the diamond city, soon city will replace its diesel-run buses on its dedicated BRTS route. Official sources said that about... Read more.. |
Hyderabad to get fast-charging hubs for EVs in 2020By : Sustainability ..., Dec 16, 2019
In an effort to encourage the use of e-vehicles in a big way, the Telangana government plans to set up fast-charging stations for hassle-free commuting. “The Telangana State Renewable Energy Development Corporation Ltd (TSREDCO) will install 200 of these fast-charging... Read more.. |
UP govt clears plan to induct 700 electric buses in 14 cities across stateBy : Sustainability ..., Dec 10, 2019
The Uttar Pradesh government on Monday cleared a proposal for operation of electric buses as part of the public transport system in 14 cities across the state. UP Cabinet Minister Sidharth Nath Singh told reporters here that the electric buses will be inducted to boost... Read more.. |