The road minister said that battery recycling, which will be done through the new scrappage policy, will help bring down the cost of electric vehicles and will also help India develop Lithium-ion batteries locally. The Minister of Road Transport & Highways on August 17 said the newly launched Voluntary Vehicle Fleet Modernisation Programme or the […]
66% Customers Ready To Buy Electric Vehicles: Survey
The survey was conducted across India among potential 4W vehicle buyers. Almost 40% of the respondents own an SUV and 29% own a hatchback, followed by 25% owning sedans. An increasing number of Indian customers are willing to buy electric vehicles, according to a CarDekho OMG survey. CarDekho, the leading auto-tech firm, today released the […]
Electric vehicle financing industry to be worth Rs 3.7 lakh crore by 2030: Report
India’s EV financing industry is projected to be worth Rs 3.7 lakh crore in 2030, about 80 per cent of the current retail vehicle finance industry, according to a new report. NEW DELHI: India’s electric vehicle (EV) financing industry is projected to be worth Rs 3.7 lakh crore in 2030, about 80 per cent of […]
Volkswagen core brand to accelerate electric vehicle shift
FRANKFURT : Volkswagen’s namesake brand plans to more than double the share fully electric vehicles have in total European sales by 2030, the company said on Friday, in a bid to accelerate the carmaker’s shift towards battery-powered cars. Fully electric vehicles are expected to account for more than 70% of total European vehicle sales by […]
MG Motor, Tata Power set up another EV charging station in Chennai
MG Motor and Tata Power on Friday said the companies have jointly set up a 50kW superfast electric vehicle (EV)-charging station here, making it as one of the superfast charging stations in the country. The deployment of the station was in line with MG’s vision to enhance the electric vehicle-charging eco system with 50kW and […]
Over 450 four-wheelers sold since launch of Delhi’s electric vehicle policy
NEW DELHI: Since the launch of the Delhi government’s electric vehicle (EV) policy in August, 465 four-wheelers have been registered, announced Transport Minister Kailash Gahlot on Saturday. “Incentives of up to Rs 3 lakh are provided under Delhi EV policy which includes Rs 1.5 lakh subsidy, registration, and road tax exemption. This is the highest […]
What’s missing in the electric-vehicle revolution: Enough places to plug in
As dozens of new battery-powered, plug-in car models come to market, roadtrippers who bought anything but a Tesla are discovering that America’s charging infrastructure isn’t ready for prime time Bradley Wilkinson is the owner of a 2017 Chevrolet Bolt, and the kind of electric-vehicle diehard who knows how to squeeze every last mile of range […]
Electric cars likely to do less damage to environment. But that won’t be easy
It’s great to imagine a future of efficient, pleasant transportation that does less damage to our planet. But let’s get real: Revolutions don’t come easy. I am tackling a couple of questions from readers about my interview with my colleague Neal Boudette about electric cars: When will the cars have longer battery life and more […]
Doggett moves to extend tax credit for electric vehicle charging
WASHINGTON: Texas Democratic Congressman Lloyd Doggett is calling on Congress to extend the tax credit for electric vehicle chargers for another five years. The tax credit is due to expire at the end of this year, at a time auto manufacturers are moving swiftly into the electric vehicle space, with dozens of new models scheduled to […]
Electric-car buzz pushes up shares in company with nothing but cash
Churchill Capital Corp IV’s stock has more than tripled on report it is in talks with Lucid Motor When news emerged in December that Churchill Capital Corp IV, a blank-check company with no assets beyond its $2 billion in cash, had made an offer to acquire DirecTV, its stock barely moved. After a report in […]