Home Tag "EVs"

EVs to take precedence in public transport; cleaner systems to be incentivised, says FM Sitharaman

FM Nirmala Sitharaman said that the government has worked to incentivise transition towards cleaner systems, develop quality public transport, and generate renewable energy The government has established that incentives will be given to manufacturers who move away from fossil fuels and towards renewable energy-based mobility systems, Finance Minister Nirmala Sitharaman said during a recent interaction […]

Why electricity supplied to Electric Vehicles in India is not so green

Depending on country’s electricity-generation sources, electric vehicles are largely not emissions-free in most of the countries. Electric Vehicles (EVs) seemed like a solution to growing pollution by emissions and heavy oil imports. The Union Budget 2019 by the NDA-led government has tried to promote both the indigenous manufacturing of EVs and purchase benefits with tax […]

Appropriate policy measures needed to lower the overall lifetime ownership costs of Electric Vehicles

Access to fast charging facilities must be fostered to increase market share of EVs The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. The Survey states that Electric Vehicles hold enormous potential for India not only because it is environment friendly but also because India […]

Kia Motors plans to launch low-cost electric vehicles in India with Hyundai

Kia Motors Corporation President and CEO Han-Woo Park said Kia Motors already has some products for hybrid, plug-in-hybrid, electric vehicle and fuel cell vehicles which are being sold globally South Korean auto major Kia Motors Corporation is considering a low-cost electric vehicle (EV) for India in collaboration with group firm Hyundai Motors and wants personal […]