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 […]
Renault raises targets for share of electric vehicles
Unveiling a new plan for electric vehicles (EVs), Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025 and that new, purpose-built electric car platforms would allow it to deliver vehicles at a lower cost Renault said on Wednesday that electric vehicles would account for up to 90% of the […]
Lifetime Carbon Emissions of Electric Vehicles Versus Gasoline Cars
Data generated by an Argonne National Laboratory model was analyzed in a media report to determine at what point a typical electric vehicle (EV) becomes cleaner than an equivalent gasoline car in terms of its lifetime carbon footprint. Based on a series of assumptions, the data showed that a Tesla Model 3 in the United […]
Tata Motors Plans 10 New Electric Vehicles By 2025
NEW DELHI: After Mahindra, Indian auto major Tata Motors has announced the plan to roll out 10 new battery electric vehicles (BEVs) in its domestic product portfolio by 2025. Tata Motors Chairman N Chandrasekaran said the company looks to drive its business model towards sustainable mobility going ahead. In his message to the shareholders, he […]
Honda changing course, will build its own electric vehicles
The company said the Honda SUV would be named the Prologue, and that both SUVs will have bodies, interiors and driving characteristics designed by Honda Although General Motors will build Honda’s first two fully electric vehicles for North America, the Japanese automaker plans to change course and manufacture its own later this decade. Company officials […]
Electric Vehicles & DC Fast Charging: Moving to the Next Level
The IDTechEx report “Charging Infrastructure for Electric Vehicles and Fleets 2021-2031” finds that the total number of electric vehicle charging outlets surpassed 1 million in 2020, with both China and Europe at or below the optimum 10 electric vehicles per charging outlet. The US is lagging at ~17 electric vehicles per outlet, but with a […]
Faster Adoption And Manufacturing of Electric Vehicles in India Phase II
Faster Adoption And Manufacturing of Electric Vehicles in India Phase II. For more information please see below link:
Govt Extends Second Phase of FAME Scheme For Electric Vehicles by 2 Years
The second phase of FAME (Faster Adoption and Manufacturing of Electric Vehicles) India scheme focuses on supporting electrification of public and shared transportation. New Delhi: The government on Friday said it has extended the second phase of FAME India scheme by two years till March 31, 2024, for faster adoption of electric mobility and development […]
Magenta Signs Agreement With TSREDCO (Telangana State Renewable Energy Development Corporation Limited), Government of Telangana For Deploying Electric Vehicles For Government Use Under the Go Electric Campaign
TSREDCO (Telangana State Renewable Energy Development Corporation Limited) is the nodal agency for the state of Telangana for promotion of Energy Conservation Initiatives and Renewable Energy programmes and Projects such as adoption of Electric Vehicles. Founded in 2017; Magenta is one of the fastest growing Integrated EV Solutions companies Magenta provides end-to-end hardware, software, installation, […]
Kia to Expand Sales of Electric Vehicles in Europe With Uber
The cooperation between those two companies is to supply electric cars with less noise and no-carbon emission for creating a comfortable urban environment. Kia will work together with share transport network company Uber, and speed up to sell electric vehicles in Europe. Kia and Uber have signed a partnership that offers purchase benefits for Kia’s […]