Page 7 - Latest Updates on Electric Vehicle
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")
Shift gears... now
Early EVs had been expensive, heavy and had limited driving range but new technologies are making them affordable and popular
 "Shift gears... now")
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
Cost, range are the greatest hurdles to EV adoption: TERI Director-General
We need to ensure that we have an EV policy that works, together with an understanding of why we want it
 "Cost, range are the greatest hurdles to EV adoption: TERI Director-General")
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")
India must expand fuel refining capacity by 80% despite EV push: Pradhan
The world's third-largest energy consumer would need a combination of cleaner diesel and petrol, compressed natural gas (CNG), biofuels and electric vehicles
 "India must expand fuel refining capacity by 80% despite EV push: Pradhan")
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")
Vakrangee aims to set up 75,000 EV charging kendras across India by FY22
For all operators who want to setup Electric Vehicle services in India, it will make sense for them to leverage Vakrangee's charging infrastructure
 "Vakrangee aims to set up 75,000 EV charging kendras across India by FY22")
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")
Greaves Cotton increases stake in EV maker Ampere Vehicles to 81.23 %
Greaves acquired Ampere Vehicles in October 2018 for Rs. 77 crore as part of its long-term growth strategy to deliver superior products and services in last-mile e-mobility.
 "Greaves Cotton increases stake in EV maker Ampere Vehicles to 81.23 %")
Nearly 400,000 electric vehicles in India, UP leads race, Delhi at 2nd spot
However, the actual number of electric vehicles could be much more as a lot of e-rickshaws operate without any registration
 "Nearly 400,000 electric vehicles in India, UP leads race, Delhi at 2nd spot")
The car industry is actually reinventing the wheel to keep up with robocars
Yet it's more than just tires that are being changed. Auto firms are putting semiconductors and sensors inside headlights, glass and seats to make them as intelligent as the cars driving themselves
 "The car industry is actually reinventing the wheel to keep up with robocars")
Customers forgotten in rush for electric vehicles, says TVS Motor chairman
While we need to move to EV, I think we need to move in a calibrated manner, says Venu Srinivasan, Chairman and Managing Director, TVS Motors
 "Customers forgotten in rush for electric vehicles, says TVS Motor chairman")
Subsidies to regulations: Lessons India's EV market can learn from China
Chinese government had introduced subsidies to promote EV sales way back in 2010
 "Subsidies to regulations: Lessons India's EV market can learn from China")
Likely spike in ethanol blending to counter disruption by e-vehicles
The general consensus seems to be tilting in favour of greater ethanol mix
 "Likely spike in ethanol blending to counter disruption by e-vehicles")
Ford, VW extend multibillion-dollar alliance on electric, automated cars
VW will invest $2.6 billion in Argo AI, Ford's self-driving cars venture
 "Ford, VW extend multibillion-dollar alliance on electric, automated cars")
Tata Steel looks to ride India's electric vehicle wave with charging infra
While Indian Oil Corporation has partnered clean energy firm Fortum India for EV charging stations, Hindustan Petroleum is setting up charging stations with Tata Power
 "Tata Steel looks to ride India's electric vehicle wave with charging infra")
Will you replace your cars with electric vehicles? 88% says no: BS Poll
Sitharaman said that Goods and Service Tax (GST) on electric vehicles will be reduced from 12% to 5%
 "Will you replace your cars with electric vehicles? 88% says no: BS Poll")
