Servotech Power Systems will invest Rs 300 crore to set up an EV charger manufacturing plant in Uttar Pradesh as part of an agreement with the state government. The manufacturing facility is being set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022, the company said in a statement on Saturday. Servotech Power has signed an MoU with the Uttar Pradesh government in this regard, it said. The MoU was signed by Servotech's MD Raman Bhatia and UP's Industrial Development Minister Nand Gopal Gupta 'Nandi'. Invest UP CEO Abhishek Prakash and other senior officials of the state government were also present on the occasion. Bhatia said the state has huge potential to become the manufacturing hub of electric vehicles (EV), chargers, and batteries, etc. Prathamesh Kumar, Special Secretary to Chief Minister and Additional CEO, Invest UP said,"This MoU is a major step towards our goal of making Uttar Pradesh a leading EV manufacturing hub in India. We are ...
Addressing a press conference here, he said that the charge for using the station facility would be 'Rs 2 per unit', which he claimed would be the 'lowest in the country'
Okaya Electric Vehicles on Friday said it has launched high-speed e-scooter Faast at an introductory price of Rs 89,999 (before subsidies) at the EV Expo 21 held at Greater Noida. The company also announced the opening of bookings with an initial payment of Rs 1,999 through the Okaya EV website or at dealerships, it said in a release. Besides, Okaya also showcased its upcoming e-motorcycle Ferrato, which is expected to be launched in the second quarter of FY22. The IoT-enabled e-scooter offers a top speed of 60-70 kmph and a range of 150-200 km per charge, depending on usage. It comes packed with features and specs such as a 4.4 kW lithium phosphate battery, all LED lights, digital instrument cluster, daytime running lights and combi braking system, the company said. Okaya is fully dedicated to realise the vision of making India a 100 per cent EV nation. With the launch of our Okaya Faast, we have showcased our renewed commitment towards bringing innovative, low-cost but ...
Electric scooter rental startup Bounce announced its collaboration with parking solution platform Park+ for setting up battery swapping infrastructure at more than 3,500 locations
While some of the proposed amendments are indeed laudable, there are some which are intriguing
Amazon will buy 100,000 electric vans from a start-up and invest $100 million to restore forests and wetlands.
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
Global auto makers have warned that India is not ready for electrification, saying the govt must first lay down a clear, long-term policy, provide incentives to encourage manufacturing of e-vehicles
At least six cities and states are either already operating or are in an advance stage of procuring e-buses