Page 76 - Electric Vehicles

Will support 62,000 e-cars, buses, e-bikes through subsidies: Gadkari

To boost electric mobility, the government aims to support through subsidies about 62,000 electric passenger cars and buses, besides 15 lakh electric three- and two-wheelers, Parliament was informed on Thursday. The focus is also on creating electric charging infrastructure, Road Transport and Highways Minister Nitin Gadkari told the Lok Sabha in a written reply. Phase-II of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme is being implemented with a total budgetary support of Rs 10,000 crore, he added. "This phase focusses on supporting electrification of public & shared transportation and aims to support, through subsidies, approx. 7000 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. "In addition, creation of charging infrastructure is also supported to address range anxiety among users of electric vehicles," the minister said. Stressing that all vehicles will continue to be registered as .

Manufacturer for hire: China's Geely sets out to become a force in EVs

"The chairman's attitude towards contract manufacturing is clear: he is embracing it and actively pursuing it," a Geely executive told Reuters

Foxconn Taiwan auto JV aims to roll out EV bus in October: Report

Foxconn aims to provide components or services to 10% of the world's EVs by between 2025 and 2027

US electric vehicle manufacturer Xos in deal talks to go public: Report

NextGen's share price rose 12% to $11.69 on the news before trading was halted due to volatility. When trading resumed, it rose to about $14 at 3 p.m. EDT (2000 GMT), a gain of 34%

Hyundai Motor, Kia take $8.5-billion hit after Apple deal called off

Hyundai is traditionally known for its reluctance to work with outsiders

212 cr released for procurement of e-buses under FAME-India Scheme

About Rs 212.31 crore has been released for the procurement of electric buses as of January 31 this year under the second phase of FAME-India Scheme

Delhi government floats tender to set up 100 EV charging stations

The Delhi government on Friday floated a tender to set up 100 charging stations for electric vehicles across the city

Delhi to have EV charging stations every 3 km: Delhi transport minister

Transport Minister Kailash Gahlot detailed the electric vehicle policy at a global summit and said theDelhi government has aimed to set up charging stations within every 3 kms distance in the city.

Hero MotoCorp-backed Ather starts making EV scooters in Tamil Nadu

The plant spreads over 400,000 sq. ft and it will manufacture electric scooters along with lithium-ion batteries

TVS Motor Company launches 'TVS iQube Electric' scooter in New Delhi

At present, charging units for the scooter are installed across seven locations in Delhi

Tech start-up Matter to launch electric vehicles, energy solutions in India

Matter, an Ahmedabad-based technology start-up, on Thursday said it would launch electric vehicles and a range of energy solutions in India starting 2021

Wardwizard builds 100,000 electric two-wheeler unit in Gujarat for Rs 45 cr

Company plans to launch four variants of high performance e-bikes at the plant, which is estimated to generate direct and indirect employment for 6,000 persons

Gadkari asks EV makers to shift towards indigenous battery technology

Union Minister Nitin Gadkari on Thursday asked the EV industry to shift towards indigenous battery technologies. With electric vehicles (EVs) fast becoming the new reality, Road Transport & Highways Minister Gadkari has stressed on the need to emerge as pioneers in developing leading battery and power-train technologies, as per a statement from the Ministry of Road Transport and Highways, the ministry said in a statement. "Noting that the challenge we presently face is the control on strategic reserves of Lithium, which is used to manufacture Lithium-ion rechargeable batteries used in vehicles, the minister has called upon the EV sector to shift towards a completely indigenous battery technology in the coming years," the statement said. This could be metal-air, metal-ion and other potential technologies in the R&D pipeline. Pointing out the need to achieve Atmanirbhar Bharat's goal in transport sector, Gadkari said it is necessary to dedicate the coming years to rigorous ...

Ahmedabad startup Matter to launch EV two-wheelers in Q4 of Calendar 2021

Designed to cater to the mass adoption market, the vehicles will be eligible for FAME-II subsidies

Grinntech starts production of lithium-ion batteries at Chennai unit

Spread over an acre, the plant can produce 400 MWh a year of Lithium-Ion batteries suitable for two- and three-wheelers, farm tractors and light vehicles

Tesla profit, vague vehicle delivery forecast disappoint Wall Street

Investors had hoped for a significant increase over the company's 2020 delivery goal of half a million vehicles, but Tesla provided only a vague outlook and did not state a concrete delivery goal.

EU green light for $3.5 billion pan-European battery project: Report

Members of the scheme called European Battery Innovation include Austria, Belgium, Croatia, Finland, Greece, Poland, Slovakia, Spain and Sweden, the European Commission said

Electric vehicles to overtake gas guzzlers in India by 2030: Mahindra

Mahindra reported its first quarterly loss in nearly two decades last year as an economic slowdown in India squeezed purchasing power

Toyota seeks simplification of laws, policy support for EVs in Budget 2021

To attract investments for local xEV parts manufacturing, it is necessary that government policy support extends to all xEV technologies proportionate to the social benefits they provide, the company

Tesla sues ex-employee for allegedly stealing confidential software code

The carmaker has sued one of its former employees for allegedly stealing company information