Page 4 - Nitin Kumar%c2%a0

Revolt Motors launches RV1 at Rs 84,990, heats up e-bike competition

Both companies have undercut the previous lowest price in the category, which stood at Rs 1,10,000

JBM secures $100 million funding from ADB, AIIB to expand e-bus operations

JBM currently operates over 1,500 electric buses across 10 states and more than 15 major airports in India

Govt introduces strict EC guidelines for violations of battery waste rules

Failure to meet the targets can result in financial penalties, usually called EC, promoting more sustainable waste management and encouraging eco-friendly product design

MHI all set to auction final 10 gigawatt-hour of the ACC PLI scheme

In June 2021, MHI launched the Rs 18,100 crore ACC PLI scheme with a total capacity of 50 GWh

E-bus drive set for boost, but delay in tendering poses challenge

PM E-DRIVE and PSM schemes instil confidence among e-bus manufacturers

PM E-DRIVE brings relief to EV industry, but lacks FAME-level incentives

Subsidy reduced because they can't be sustained indefinitely: MHI

Scheme reset may not shake Centre's FY25 fiscal maths, say experts

Allocations may be via supplementary demands for grants

EVs get Rs 14k crore double shot: Boost for ambulances, buses, trucks

Rs 3,435 crore PSM gets nod; will support deployment of more than 38,000 e-Buses

Cabinet likely to approve new scheme for promoting electric vehicles

Scheme outlay expected to be Rs 10,900 cr, new name to be coined in place of 'FAME'

Govt prioritising charging infra for e-mobility growth: HD Kumaraswamy

Kumaraswamy urged the industry to collaborate and put forth dedicated efforts to help India achieve its sustainability goals while staying on track for growth

EMPS to continue till FAME-III launch, says MHI Minister Kumaraswamy

Last week, Kumaraswamy indicated that FAME-III would be launched within the next two months

Losing spark: Delhi's electric vehicle adoption to hit speed bump

The removal of road tax waiver in the city estimated to make such vehicles about 10% costlier for its residents

FAME-III likely to see vehicles sporting government subsidy branding

Move aims to highlight Centre's electric mobility schemes and ensure greater transparency

Low discount may not drive polluting old vehicles towards scrapping shops

Automobile sector experts argue that consumers may find more value in continuing to drive their existing vehicles or selling them to third parties

Soon, tyre companies to pay for flouting waste management guidelines

These measures aim to enhance accountability and ensure proper waste tyre disposal. However, sector experts say while monitoring compliance is difficult, the real challenge lies in enforcing the law

Centre awards RIL full quota of Advanced Chemistry Cell under PLI-II

RIL is currently constructing an advanced chemistry-based battery manufacturing facility with a 30 GWh annual capacity in Jamnagar

FAME-III will be rolled out in next two months: Union minister Kumaraswamy

The minister mentioned that the government is taking a comprehensive approach to boost the EV ecosystem

Sales of electric vehicles in August decline 13% to 156,199 units

But, despite this decline, August sales still represented the third-highest monthly total this year, following March and July

India aiming for developed economy and ecology: Environment minister Yadav

Yadav also announced an extension of the deadline for idea submissions in the Ideas4LiFE initiative from September 15 to October 15

Delhi breathes easy after long as rains wash down pollutants. What next?

With the monsoon expected to last longer in 2024, at least well into September, there is a good possibility that the AQI will remain tolerable for the next few weeks