Page 14 - Latest Updates on Electric Vehicle
Hyundai Motor lines up $200 million for electric vehicle mass market
The Korean automobile company recently launched an electric car named Kona in India
 "Hyundai Motor lines up $200 million for electric vehicle mass market")
Pragmatic policy likely on electric two-wheelers in a few months: TVS Motor
CMD Venu Srinivasan proposes hybrid model, says such vehicles would do a better job in cleaning up the environment
 "Pragmatic policy likely on electric two-wheelers in a few months: TVS Motor")
Electric vehicle start-up SmartE gets Rs 100-crore investment from Mitsui
The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country
 "Electric vehicle start-up SmartE gets Rs 100-crore investment from Mitsui")
GST Council to meet on July 25, decide on tax cut for electric vehicles
The recommendations of the officers committee is likely to be placed before the Council on July 25, officials said
Subsidy on EVs only for commercial vehicles, not personal usage: Govt
Under the Rs 10,000-crore FAME scheme, subsidy on EVs are given to three- and four-wheelers for commercial and fleet applications
 "Subsidy on EVs only for commercial vehicles, not personal usage: Govt")
The big obstacle on global auto industry's road to an electric future
Cutting the cost of batteries is arguably the industry's most urgent challenge
 "The big obstacle on global auto industry's road to an electric future")
Govt invites proposals for developing e-vehicle charging infra in cities
The last date for submission of the proposals is August 20, the ministry said in the Expression of Interest
 "Govt invites proposals for developing e-vehicle charging infra in cities")
Tesla cuts price of Model 3, lifts prices of premium EVs; Q2 sales rise 51%
Tesla also changed its prices in China, the world's largest market for electric vehicles
 "Tesla cuts price of Model 3, lifts prices of premium EVs; Q2 sales rise 51%")
From Tata to JSW, steelmakers jittery over record drop in car sales
See low demand situation at the end of the cycle
 "From Tata to JSW, steelmakers jittery over record drop in car sales")
India's 'gradual' shift to electric vehicles a blow to green goal
EVs to comprise about 7% of sales in India by 2030
 "India's 'gradual' shift to electric vehicles a blow to green goal")
Where three million electric car batteries will go when they retire
Finding ways to reuse the technology is becoming more urgent as the global stockpile of EV batteries is forecast to exceed the equivalent of about 3.4 million packs by 2025
 "Where three million electric car batteries will go when they retire")
Power Grid to project 1st commercial e-vehicle fast charger in Hyderabad
The company is in talks with Hyderabad Metro to install fast chargers at its 24 stations in the city
 "Power Grid to project 1st commercial e-vehicle fast charger in Hyderabad")
EV makers propose a short-term plan for faster adoption of e-vehicles
The industry body also suggested non-financial means like taxing polluting diesel vehicles
EVs demand to help power utilities earn $11 bn in revenue by 2030: Report
"The surge in electricity demand from EVs will help recover the slow demand growth," the study said.
 "EVs demand to help power utilities earn $11 bn in revenue by 2030: Report")
M&M, Tata Motors ink deal to deploy 1,000 e-cars each in Maharashtra
Last year, Tata Motors and Mahindra won an order of 10,000 and 9,500 EVs, respectively
 "M&M, Tata Motors ink deal to deploy 1,000 e-cars each in Maharashtra")
Costlier parts likely to drive the insurance premium on your e-car
Their parts are costlier and repairing often means replacing an entire system, which drives premium rates up
Electric vehicles could increase net carbon emissions in India: IEA
India could reach 11% market share in EVs by 2030
EV makers welcome GST rate reduction, seek similar cut for spare batteries
It also slashed the Goods and Services Tax (GST) on EV chargers from 18% to 5%
 "EV makers welcome GST rate reduction, seek similar cut for spare batteries")
Hyundai Kona prices reduced by Rs 1.58 lakh after GST revision for EVs
The reduced Kona Electric price is effective from August 1, 2019
 "Hyundai Kona prices reduced by Rs 1.58 lakh after GST revision for EVs")
Planning to buy e-vehicle? EV firms trim prices after GST breather
Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget
 "Planning to buy e-vehicle? EV firms trim prices after GST breather")
