Most leading brands plan to cut back on internal combustion engines Volkswagen wants to be the global leader in electric vehicles An electric car is seen plugged in at a charging point. Leading automakers have signalled their intention to scrap internal combustion engines by 2030 or cut back sharply on their production as the sector […]
Chandigarh Admin Proposes Incentives For Buying Electric Vehicles
The proposed purchase incentives are besides the demand incentives offered by the Central government. IN A bid to promote pollution-free electric vehicles, the UT Administration has prepared a draft of financial incentives for the purchasers of e-vehicles. The proposed purchase incentives are besides the demand incentives offered by the Central government. The Chandigarh Renewal Energy […]
Tata Motors Expects Govt to be Consistent With Support For Local Production of Electric Vehicles
Tata Motors NSE -0.99 % on Monday said it expects the government to consistently follow the policy of promoting local manufacturing of electric vehicles (EVs) under the FAME scheme amid demand from Tesla to lower import duty to sell its vehicles in India. The auto major, which plans to have 10 new battery electric vehicles […]
Electric Vehicles Get Cheaper Every Kilometer
Compared to their fossil fuel counterparts, EVs have far lower day-to-day running costs and servicing expenses CHENNAI: Electric vehicles (EV) have been around for a while and have been a tantalising, but difficult, choice for prospective automobile customers ever since the first one hit the showrooms. Tantalising, because fuel prices have been on a steady […]
Govt Spends Rs 871 Crore to Promote Electric Vehicles, Set Up Charging Infrastructure
As many as 87,659 electric vehicles and 6,265 electric buses have been incentivised under the second phase of FAME India, the country’s flagship scheme for faster adoption of electric vehicles till now, the government has told Parliament. The government has spent upto Rs 871 crore till June-end on its flagship national scheme to supercharge the […]
Bajaj Auto Sets Up New Company For Electric Vehicles to Make Partnerships Easy, Have Single-Minded Focus on the Sector
Two and three-wheeler major Bajaj Auto NSE -0.29 % is setting up a new subsidiary company to handle it’s electric vehicles business for a more hands-on approach to the emerging sector and make partnerships easy. While the exact set of operations the company will handle has not been finalised, Bajaj Auto felt that it needed […]
Audi Announces Digital Initiatives For Electric Vehicles
Mumbai : German premium car maker Audi on Monday announced a slew of digital initiatives, days before the launch of its luxury electric SUVs e-tron which will mark the company”s entry into the rapidly-growing domestic electric vehicle (EV) space. The car maker is set to roll out e-tron 50, Audi e-tron 55 and Audi e-tron […]
TVS Motor Company to Invest Rs 1,000 Crore in Electric Vehicles
MUMBAI: India’s third-largest two-wheeler maker, TVS Motor Company, has plans to invest Rs 1,000 crore to manufacture electric vehicles. Sudarshan Venu, the company’s joint Managing Director, said that the proposed EVs will fall under an independent vertical. Mr Venu, a TVS Group prodigy, paves the way for the next generation of leaders. As the company’s […]
Building Charging For Electric Vehicles Can Create Good Jobs
A booming clean energy economy is a persistent bright spot in the pandemic economy, employing hundreds of thousands of Americans. Building the infrastructure network required to charge electric vehicles (EVs) at a scale needed to dramatically reduce both local and global warming pollution means even more clean energy careers. New analysis informed by industry experts […]
TVS Motor to Invest Rs 1,000 Cr to Manufacture Electric Vehicles
The company is aiming to release a new portfolio of two-wheelers and three-wheelers in the range of 5-25kW within 24 months India’s largest two-wheeler maker TVS Motor has committed Rs 1,000 crore to manufacture electric vehicles under a separate vertical. The company has set up a dedicated factory for the manufacturing of these e-vehicles, which […]