EeVe India Partners With ZestMoney To Provide EMI Solutions To Customers
The electric two-wheeler manufacturer, EeVe India, announced its partnership with ZestMoney, an AI-driven financing platform for providing EMI solutions to customers. With ZestMoney, customers with no previous CIBIL score can also get access to financing, according to the release. The…
World’s First Shipment Of Blue Ammonia Fuel To Japan From Saudi Arabia
The world’s first shipment of blue ammonia is on its way from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions. Saudi Aramco, which made the announcement Sunday, produced the fuel,…
Second Phase Of FAME India Program For Electric Vehicles Gets New Extension
The government has extended the validity of second phase of the FAME-II program for all approved electric vehicle models. The validity has been extended by three months and up to December 31, 2020. The extension comes to effect from October…
Government working on GST reduction on EV Batteries
The government is working on a production linked incentive scheme (PLI) for automobile manufacturing and components, and also reducing GST on batteries for electric vehicles (EVs). Speaking at the ACMA’s 60th annual session titled ‘Shaping the New Normal’, Mr. Amitabh…
China’s CATL Developing EV Battery Without Nickel Or Cobalt
China’s battery manufacturer Contemporary Amperex Technology (CATL) is developing a new type of electric vehicle battery that doesn’t contain nickel or cobalt. Both nickel and cobalt are used in the batteries powering many of the market’s current EVs. Last month,…
Why were sales of electric two and three-wheelers without batteries allowed and will buyers benefit?
The sales of electric vehicles (EVs) are not gaining steam in the country, despite launching two incentive schemes in five years. In the Year 2019-20, 152,000 electric two-wheelers were sold in India, which is less than 1 percent of the…
What’s in for Electric two Wheelers Sector in the Delhi Electric Vehicles Policy 2020?
What’s in for electric 2 wheelers sector in the Delhi Electric Vehicles Policy 2020 As two-thirds of new vehicle registrations in Delhi comprise two-wheelers. any attempt at electrification of Delhi’s vehicle fleet needs to address these segments to achieve a…
Chinese Car Maker Faces Hurdle In A Bid For Indian Govt EV Tender
China’s battery manufacturer Contemporary Amperex Technology (CATL) is developing a new type of electric vehicle battery that doesn’t contain nickel or cobalt. Both nickel and cobalt are used in the batteries powering many of the market’s current EVs. Last month,…
Government Extends Timeline For Localization Of EV Components
The Ministry of Heavy Industries and Public Enterprises (MHIPE) has extended the effective date for the indigenization of xEV parts under its Phased Manufacturing Program (PMP). xEV is the generic name for all electromotive vehicles, including hybrid, plug-in, and fuel-cell…
Rolls-Royce Completes Ground-Testing Of Technology Set To Power The World’s Fastest All-Electric Plane: ACCEL
Rolls-Royce has completed testing of the technology that will power the world’s fastest all-electric plane. All the technology has been tested on a full-scale replica of the plane’s core—called an ‘ionBird’—including a 500hp electric powertrain powerful enough to set world…
