New Delhi : Electric vehicle industry body SMEV on Tuesday appealed to a parliamentary panel to direct the government to release the pending subsidy of Rs 1,200 crore earmarked for the liquidity-hit sector. In a petition to the Parliamentary Standing Committees on Industry and Estimates, the Society of Manufacturers of Electric Vehicles (SMEV) stated that […]
Battery Swapping – A Must for Quick Upscale of EV Industry in India – EQ Mag
The electric vehicle landscape is fast evolving and rapidly growing as the global drive to save the planet gains momentum. The coming years will see many more EVs take to the roads and in India, it is expected that 80% of two and three-wheelers, 40% of buses, and 30 to 70% of cars will be […]
How govt can use battery swapping tech to give fillip to EV industry – EQ Mag Pro
‘Battery as a Service’ business model, based on battery swapping technology, is the new talk of the EV Motown Finance Minister Nirmala Sitharaman, in the recent budget, announced the formulation of a Battery Swapping Policy and interoperability standards, which is claimed to be one of the remedies of multiple problems posed by the current model. […]
Towards net-zero: How EV industry can earn carbon credits – EQ Mag Pro
Increased carbon credits from the EV ecosystem can help India export more credits and attract more FDI. The world is facing a climate catastrophe. Tackling climate change has become a global challenge and countries are coming together to limit the devastating impact of this existential crisis. At the COP26 last year, many countries, including India, […]
FAME-II scheme restructuring entire EV industry, needs another extension, says Ather Energy
The SMEV had argued that since its implementation from April 1, 2019, FAME-II has been able to achieve less than 10 per cent of its target of supporting 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses by 2022. NEW DELHI : FAME-II scheme, the programme meant to promote electric vehicles in […]
Busting the Myth: Electric Vehicle Technology
There have been strides of innovation and techno-commercial development in technologies such as the electric powertrain and battery, which are sure to disqualify some of the age-old myths around EV technology. New Delhi : This is the second article in the “Busting the Myth” series aimed at breaking down the popular myths surrounding the electric […]