India Can Save Rs 1 Lakh Crore On Crude Oil Imports By Meeting 30% EV Penetration Target: Study
India can save on crude oil imports worth more that Rs 1 lakh crore ($14 billion) annually if electric vehicles (EVs) are to garner 30% share of country’s new vehicle sales by 2030, according to an independent study released by…
India Plans To Energise Electric Car Segment With Charging Kiosks Across 69,000 Petrol Pumps
Union Minister of Road Transport and Highways & MSME Nitin Gadkari, said the government is trying to create an ecosystem to accelerate the uptake of electric vehicles in the country. Addressing a virtual conference ‘9th Edition of Auto Serve 2020‘Electric…
Ola To Hire 2,000 To Fuel Electric Venture
Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…
After PLI Benefit, India Plans Easy Availability Of Finance For EVs
After rolling out policy initiatives to develop India as a hub for lithium-ion cells manufacturing, the Indian government is working on ensuring availability of affordable credit to the nascent electric vehicle industry. Government’s policy think tank, Niti Aayog has been…
Omega Seiki Partners TRANS ACNR For Refrigerated Containerised Electric Vehicles
Omega Seiki Mobility Pvt Ltd on announced a partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR) for jointly working on refrigerated containerized electric vehicles with lithium-ion batteries. To begin with, the partners have agreed to work jointly on design, development…
Hitachi ABB Power Grids And Ashok Leyland Partner For An E-Bus Pilot At IIT Madras
Hitachi ABB Power Grids has signed a memorandum of understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot project. Under the tripartite agreement, the trio will run an electric bus (e-bus) pilot…
Magenta Launches The Associate Program For Deploying Nationwide Low-Cost EV Charging Platform
Magenta, a pioneer in the business of clean mobility and clean electricity has launched its nationwide business associate outreach program starting December 2020. Under this initiative, Magenta will identify associates across India to deploy low cost electric vehicle charging platform….
Delhi EV Policy Aims To Reduce carbon Emissions By 4.8 Million Tonnes In 4 Years
The Delhi government’s electric vehicle policy will help reduce carbon emissions by 4.8 million tonnes by 2024, Dialogue and Development Commission Vice Chairperson Jasmine Shah said while sharing the Delhi government’s vision for clean and green future of mobility at…
KPIT Receives An Important Strategic Large Deal From BMW Group For The Next Generation Charging Electronics Program
KPIT, a leading independent software development and integration partner to the automotive industry – announced signing of a large-scale order with BMW Group. The series order is spread over several years. The combined powertrain coordination unit is designed to power…
Kerala Government To Hire 50 Electric Buses Under FAME Program For Thiruvananthapuram
The Kerala State Road Transport Corporation (KSRTC) has invited bids for hiring 50 electric buses on wet lease for the Thiruvananthapuram zone. The tender has been floated under the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles-II (FAME II)…
