Mumbai : German premium car maker Audi on Monday announced a slew of digital initiatives, days before the launch of its luxury electric SUVs e-tron which will mark the company”s entry into the rapidly-growing domestic electric vehicle (EV) space. The car maker is set to roll out e-tron 50, Audi e-tron 55 and Audi e-tron […]
TVS Motor Company to Invest Rs 1,000 Crore in Electric Vehicles
MUMBAI: India’s third-largest two-wheeler maker, TVS Motor Company, has plans to invest Rs 1,000 crore to manufacture electric vehicles. Sudarshan Venu, the company’s joint Managing Director, said that the proposed EVs will fall under an independent vertical. Mr Venu, a TVS Group prodigy, paves the way for the next generation of leaders. As the company’s […]
Building Charging For Electric Vehicles Can Create Good Jobs
A booming clean energy economy is a persistent bright spot in the pandemic economy, employing hundreds of thousands of Americans. Building the infrastructure network required to charge electric vehicles (EVs) at a scale needed to dramatically reduce both local and global warming pollution means even more clean energy careers. New analysis informed by industry experts […]
TVS Motor to Invest Rs 1,000 Cr to Manufacture Electric Vehicles
The company is aiming to release a new portfolio of two-wheelers and three-wheelers in the range of 5-25kW within 24 months India’s largest two-wheeler maker TVS Motor has committed Rs 1,000 crore to manufacture electric vehicles under a separate vertical. The company has set up a dedicated factory for the manufacturing of these e-vehicles, which […]
Goa to Subsidise 11,000 Electric Vehicles Annually For 5 Years
PANAJI: In a bid to reduce the state’s carbon footprint, the government has decided to provide subsidies to 11,000 electric vehicles every year for a period of five years. The subsidy will be capped at Rs 25 crore annually. As per the draft scheme for promotion of electric vehicles in the state, every year for […]
7,711 Electric Vehicles Bought by People in First Half of 2021, 1,282 in Mumbai: Data
Maharashtra has witnessed an increase in the number of electric vehicles ((EV) this year. Maharashtra has witnessed an increase in the number of electric vehicles ((EV) this year. Around 959 electric vehicles were registered in the state in 2017, while 7,711 EVs have been registered this year, till July 13, according to the regional transport […]
Maharashtra Announces Sops Up to Rs 20 Lakh For Electric Vehicles
Housing societies to get property tax rebate for setting up charging stations; State targets 10% share of EVs in total registrations by 2025. The state hopes EVs will make up 10 per cent of all new vehicle registrations by 2025. Electric vehicles in Maharashtra will attract financial incentives ranging from Rs 10,000 to Rs 20 […]
Electrify America to Double Number of EV Chargers as Wave of Electric Vehicles Come to Market
Electrify America, the entity set up by Volkswagen as part of its settlement with U.S. regulators over its diesel emissions cheating scandal, said it will double the number of its electric vehicle fast charging stations in the United States and Canada by the end of 2025. The commitment, if successful, means 1,800 fast charging stations […]
India Plans to Set up Institute to Fund Electric Vehicles-Focused Businesses
According to a recent report, India’s electric vehicle financing industry is projected to be worth Rs 3.7 lakh crore in 2030. The government is planning to set up an institution to fund businesses with a focus on electric vehicles as well as facilitate new financial instruments for lending to the public transportation and commercial vehicle […]
Govt Plans Institution to Fund Businesses Focused on Electric Vehicles: Gadkari
According to a recent report, India’s electric vehicle financing industry is projected to be worth Rs 3.7 lakh crore in 2030, which would be about 80 per cent of the current retail vehicle finance industry. New Delhi: The government is planning to set up an institution to fund businesses with a focus on electric vehicles […]