The number of charging stations in Japan fell to around 29,200 TOKYO : Japan, which Prime Minister Yoshihide Suga has pledged will become carbon neutral by 2050, is grappling with a classic “build it and they will come” problem. After offering subsidies to the tune of 100 billion yen ($911 million) in fiscal 2012 to […]
Odisha Approves Electric Vehicle Policy 2021, Targets 20% EVs By 2025 – EQ Mag Pro
“The objective is to reduce emissions caused by the use of traditional fossil fuel-run vehicles and promote the manufacture of electric vehicles,” said Mahapatra. Bhubaneswar: The State Cabinet headed by Chief Minister Naveen Patnaik on Friday approved the Odisha Electric Vehicle Policy, 2021 which aims to promote the use of electric vehicles, said Chief Secretary […]
Heavy Industries Minister Asks Auto Industry to Support EVs
Xpressing similar views, Niti Aayog CEO Amitabh Kant said while the world is well poised to leapfrog to sustainable mobility, the contours of mobility landscape are constantly evolving New Delhi : Heavy Industries Minister Mahendra Nath Pandey on Tuesday asked the automobile industry to support electric vehicles, saying it is emerging as a ‘big opportunity’ […]
Gates And Bezos-Backed Firm to Pay $15 Mn to Hunt Metals For EVs
KoBold will spend $15 million through 2024 to help Bluejay locate natural resources as part of its Disko-Nuussuaq project in Central West Greenland. KoBold Metals, a mineral exploration company backed by Bill Gates, Jeff Bezos, former New York Mayor Michael Bloomberg and Bridgewater Associates founder Ray Dalio, has entered into a joint venture with London-based […]
VW Joins Tesla in Call For Lower Import Tax On EVs in India
Cutting duties on electric vehicles (EVs) even to 25% – from current levels as high as 100% – would not pose a “big threat” to domestic players, but would help to drive investment, the German carmaker’s India head told Reuters in an interview. Volkswagen AG, the world’s second-largest carmaker, is calling for lower import duties […]
1590 EVs Deployed in 160 Central, State Governments Across 49 Cities
The Indian government has been pushing for adoption of green mobility – electric vehicles. The Centre’s FAME scheme is designed to support electrification of public and shared transport and help create charging infrastructure. It is an important part of the government’s strategy to reduce vehicular emissions and dependence on fossil fuel NEW DELHI: As part […]
Registration Charge Waiver For EVs to Boost Sales: Revolt Motors
New Delhi : Electric two-wheeler maker Revolt Motors on Wednesday said the waiver of registration charges for electric vehicles (EVs) will be a big boost for sales of such vehicles. The decision by the Ministry of Road Transport and Highways to waive off registration charges for EVs will make these vehicles affordable for the customers, […]
Medium, Heavy Passenger EVs Increase From 124 in 2018 to 1,356 As On Date: Gadkari
New Delhi : The number of electric vehicles operational in the medium and heavy passenger vehicle category has increased from 124 in 2018 to 1,356 as on date, Parliament was informed on Thursday. In a written reply to a query in the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said the number of […]
Hindustan Zinc to Invest $1 Billion to Replace Diesel Vehicles With Battery EVs
Earlier this year, HZL had signed an MoU with Epiroc Rock Drills AB to introduce another fleet of battery electric vehicles in their underground mines for production equipment Mining major Hindustan Zinc Ltd will be investing about USD 1 billion (around ₹7,440 crore) to replace diesel-run vehicles and equipment with battery electric vehicles across its […]
Elon Musk Expects At Least ‘Temporary Relief’ For EVs in India in Terms of Import Duty Relaxation
Currently, India imposes 100 per cent import duty on fully imported cars with CIF (Cost, Insurance and Freight) value more than USD 40,000 and 60 per cent on those costing less than the amount. American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the […]