The Japanese carmaker said this month that it aimed for half its global sales to be from electric vehicles by 2025, five years ahead of schedule, and will tap Chinese battery makers to meet the accelerated global shift to electric cars. Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in […]
10 lakh electric vehicles to be launched within 2022: CM
The target is to launch two lakh two-wheelers, 50,000 three-wheelers, 1000 goods carriers, 3000 buses and 100 ferry boats. Kochi: With the aim to popularise the use of electric vehicles, E-mobility Conference and Expo 2019 (EVOLVE) started here as part of implementing the electric vehicle policy. Chief Minister Pinarayi Vijayan said while inaugurating the expo […]
Budget likely to charge up electric vehicle push with tax incentives
The govt is also examining extension of tax holiday for units operating or planning to set up operations in special economic zones With promotion of clean energy high on government agenda, the upcoming Budget is likely to incentivise manufacturing of electric vehicles (EVs) in the country. This is also expected to drive foreign direct investment […]
The only way is electric: Gridserve eyes Essex site for first of 100 EV charging stations
Plans for the first in a 100-strong pipeline of new dedicated electric vehicle (EV) charging forecourts around the UK have been unveiled by Gridserve, with the company predicting drivers will be able to power up a typical EV at its first site in Essex in less than half an hour. Forming part of its proposed […]
Honda says adoption of electric vehicles a big challenge in India, industry needs time
In a statement, the company said the government needs to look at the impact on employment, cost of technology and availability of raw materials, among others. A day after Bajaj Auto and TVS Motor criticised government think tank Niti Aayog’s proposal to ban non-electric two- and three-wheelers, Honda Motorcycle & Scooter India said adoption of […]
Indian Automobile Market Set to Go Green with Electric Vehicles
Kia motors is thinking of launching low cost electric vehicles in India next year as Indian automobile market is gearing up for the launch of a slew of EVs this year. Electric vehicles are set to change the Indian automobile market in 2019-2020. These vehicles are fuel free, clean and environment friendly as compared to […]
Opinion | Our premature push for electric vehicles
The government should reconsider its rush to get India to adapt to a mode of transport whose overall benefits to Earth are unclear. Let the market disrupt the auto sector on its own After a series of flip-flops over its policy on electric vehicles (EVs) in the past couple of years, the government seems to be back […]
PSC Chairman: Montana must increase reliable baseload power, or risk brown-outs
While California may have a population nearly 40 times greater than Montana, utility consumers are still subject to the same vulnerabilities. With current technology, the best way to protect utility customers from an energy shortage is through an increase in available, reliable baseload power. Out-of-state and foreign interests are applying increased pressure on lawmakers and […]
GST Council to consider reducing tax on electric vehicles: Anurag Thakur
The GST Council will consider reducing tax on electric vehicles, which are seen as more environment-friendly, and the matter is pending before it. NEW DELHI: The GST Council will consider reducing tax on electric vehicles, which are seen as more environment-friendly, and the matter is pending before it, Minister of State for Finance Anurag Thakur […]
Auto stocks decline post NITI Aayog’s directive on electric vehicle
So far in 2019, the Nifty auto index has slipped 14 per cent as against a 7 per cent rise in the Nifty50 index. Shares of two and three wheeler auto-makers like TVS Motors and Bajaj Auto came under heavy selling pressure during the morning deals on Monday after the government think-tank NITI Aayog gave […]
