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Electric Vehicles News
Volkswagen says studying electric vehicle market closely
Thu, Jan 18, 2018
The Volkswagen group globally has readjusted its strategy to embrace e-mobility by committed huge investments towards new generation electric vehicles from 2020.
Ford plans $11 billion investment, 40 electric vehicles by 2022
Mon, Jan 15, 2018
Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.
Niti Aayog to make policy for electric vehicles
Tue, Jan 09, 2018
Cabinet secretary convened the meeting after reservations were lodged by different ministries, including transport ministry stating that Niti Aayog cannot be the implementing agency for this ambitious programme.
Karnataka to buy 640 electric vehicles under Central scheme
Tue, Jan 02, 2018
The state-run transport corporation will operate the eco-friendly vehicles for the commuting public and protect the city`s environment and save fossil fuel.
Global Markets: Bumper year for stocks and commodities, downer for the dollar
Fri, Dec 29, 2017
Asian markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from taking away the monetary punch bowl.
EV drive: SIAM for 5% GST, IT deduction for individual buyers
Mon, Dec 25, 2017
In order to promote electric vehicles (EVs) in India, auto industry body SIAM has suggested reduction of GST on such automobiles to 5 per cent, besides one-time income tax deduction of 30 per cent of vehicle price for non-financed buyers.
Plan for all-electric cars by 2030 not viable, says Merc chief
Mon, Dec 25, 2017
Mercedes-Benz India managing director and chief executive Roland Folger said, " By 2040, the whole world will be driving home hydrogen cars. To me the whole plan to go electric nationwide looks like a rushed with idea."
Government to give incentives to boost electric vehicles
Tue, Dec 19, 2017
The government would support manufacturing and selling of electric vehicles (EVs) by giving incentives such as lower road taxes so that the automobile sector continues to play a major role in India's GDP and job creation, Niti Aayog CEO Amitabh Kant said today.
Hero Electric plans multiple plants, 10-fold sales hike in 5 years
Sun, Dec 10, 2017
Hero Electric is mulling over setting up multiple assembly plants to meet its target of increasing sales by ten-fold in the next five years, including enhancing exports.
Oil Minister Dharmendra Pradhan defends mega oil refinery amid e-vehicle push
Tue, Nov 28, 2017
Oil Minister Dharmendra Pradhan today strongly defended plans to build the Rs 2.7 lakh crore oil refinery on the west coast by 2022 despite the push for electric vehicles, saying that India needs multi-source fuels to meet its fast-growing energy needs.
Govt to allow e-payments for charging electric vehicles
Sun, Nov 26, 2017
The government has accepted suggestions of a panel -- Committee for Standardisation of the Protocol for Charging Infrastructure -- in this regard.
Uber to partner with Mahindra for electric vehicles in India
Fri, Nov 24, 2017
Ride-hailing firm Uber Technologies will partner with automaker Mahindra and Mahindra to add electric vehicles on its platform in India, the two companies said in a statement on Friday.
India can save Rs 20 lakh crore if it becomes 100% electric vehicle market by 2030
Mon, Nov 20, 2017
There is a huge potential for India once the country achieves electric target by 2030. Selling only electric vehicle by next decade would represent enormous economic opportunity.
Mahindra & Mahindra for expanding footprint in Rs 1,000-cr e-rickshaw market
Mon, Nov 20, 2017
"We have launched e-Alfa Mini in Delhi, Lucknow and today in Kolkata, to tap the e-rickshaw market. We will expand in more cities across the country. Already, we have decided to expand to 7-8 more cities," M&M VP marketing (commercial vehicles) Mahesh Kulkarni said.
Indian Oil with Ola launches first charging station for electric vehicles
Sun, Nov 19, 2017
Electric cars will be used to replace the petrol and diesel cars used by Government and its agencies over a 3-4 year period.
Andhra Pradesh to introduce electric cars manufactured by Toyota Kirloskar
Thu, Nov 16, 2017
Recently, the state government organised Electric Mobility Stakeholders meet to invite their suggestions to design the policy to increase manufacturing and utility of electric vehicles in Andhra Pradesh.
Committed to hydrogen cars despite potential 'game changer' EV battery: Toyota
Wed, Oct 25, 2017
"We believe our solid-state battery technology can be a game changer with the potential to dramatically improve driving range," Executive Vice President Didier Leroy said.
How Tata Motors winning the 10,000 electric cars govt order gives it an edge in EV market
Fri, Oct 06, 2017
Tata Motors won the bid by quoting the lowest price of Rs 11.2 lakh each, inclusive of the GST and a five-year warranty.
Tata Motors edges out Nissan, M&M to supply 10,000 electric cars
Fri, Sep 29, 2017
Tata Motor was selected for supplying the 10,000 electric cars through an international competitive bidding aimed at increased participation. Nissan and M&M too participated for the tender.
Telangana govt to offer incentives to woo car companies in new EV policy
Sun, Sep 24, 2017
The government has come up with the final draft of a comprehensive EV policy, which is expected to be unveiled in the next one-and-a-half to two months