Time to think beyond EVs; look at hybrids
Despite concerted efforts by the Centre and state governments, coupled with a healthy contribution from the private players, India still lacks an adequate charging infrastructure High import duties and lack of subsidies have made it tough for the hybrid cars’ demand to grow. While hybrids attract 43 pc tax, inclusive of GST; electric vehicles attract […]
EV market popularity adds to trust factor
The popularity of electric vehicles (EVs) in India is on the rise with significant growth in sales across different categories of vehicles. Apart from more options flooding the market, leading automotive players in the country are also putting their money on all things electric. The increasing market popularity has added to the trust factor, with […]
UP EV policy includes a slew of incentives
The EV policy of the Uttar Pradesh Government includes multiple incentives to improve the EV ecosystem in the state. While it aims to launch 1,000 electric buses (BEVs/FCEVs) and achieve 70 per cent EV public transportation on green routes in 10 cities by 2030, it also intends to develop EV manufacturing zones/parks as EV manufacturing […]
EV charging station an attractive option for business in India
The rise in the sale of EVs in the country has opened a huge business opportunity in setting up charging stations. It is the best time to invest in this business, more so because the charging infrastructure in the country is still in an infancy stage. Depending on the type of chargers to be installed […]
EV motor controllers pose a big challenge
Motor controllers, responsible for the performance and efficiency of the powertrain in an electric vehicle, are posing major challenges to the auto industry in the country. The domestic manufacturers of motor controllers lack the requisite expertise and experience and the global semiconductor shortage is also coming in the way. The Government must intervene to help […]
Maharashtra sets ambitions EV goals
The Maharashtra Government has chalked out ambitious plans on the electric mobility front with the launch of its EV policy. The state aims to become the country’s leading producer of battery-powered electric vehicles by the year 2025. Towards that end, it has offered multiple incentives and set timelines for the conversion of vehicles to electric. […]
Luxury carmakers join the EV bandwagon
Witnessing the rising popularity of electric vehicles (EVS) across the country, luxury carmakers have also forayed into the segment. Despite the high prices of luxury EVs (starting at Rs 1 crore), most manufacturers have introduced their EV models seeing the market potential. Today, top brands like Mercedes, BMW, Audi and Porsche all have their high-end […]
EV ecosystem set to undergo sea-change with swapping policy
The draft battery swapping policy, released by NITI Aayog recently, is set to enable interoperability of EV batteries across various platforms. It has also standardised the technical specifications of the battery so that only those batteries that meet these standards will be used in an electric vehicle. Taking into account other key features of the […]
Draft battery swapping policy may prove to be a game-changer for EVs
In the Union Budget 2022, Finance Minister Nirmala Sitharaman had announced that the Government was set to roll out a battery swapping policy, in a bid to reduce upfront costs of purchasing EVs and drive adoption among buyers. The Government think-tank Niti Aayog came up with the policy draft on April 21 and has invited […]
EV turnaround: sales witness healthy rise
Despite range anxiety and inadequate charging infrastructure, electric vehicles have started finding takers in India, and that’s a positive development. According to available data, all segments of EVs witnessed healthy sales growth as compared to the last year. While introduction of new, affordable EVs by automakers is behind the rise in sales, the Government’s EV-friendly […]
