Electric vehicle (EV) makers and related corporations are set to go on a hiring drive in 2023 when extra inexperienced autos are anticipated to hit the street amid growing push in the direction of environmental sustainability, rising gasoline costs, and coverage measures drawing important investments. Hiring within the sector is seen rising by 40-50% within […]
EV Battery Manufacturers get More Time to Comply With Additional Norms – EQ Mag Pro
New standards now applicable in two phases — December 2022 and March 2023 After much resistance from the electric vehicle (EV) manufacturing industry, the Centre has extended the deadline for implementation of the new battery testing standards, which were enforced amid rising cases of EV fires across the country. The standards, which were earlier supposed […]
How Govt’s Rs 18,100-Crore PLI May Transform Electric Vehicles in India
The government’s approval of Rs 18,100-crore production linked incentive (PLI) for the local manufacturing and storage of electric vehicle batteries could well change the face of EV adoption in our country. Here are top things you should know about the government’s motive to promote the sector: What is a production-linked Incentive (PLI) and why is […]
SMEV hails govt’s decision to extend FAME II certificate validity
Originally, manufacturers were required to submit re-validation certificates for availing of demand incentives under FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme New Delhi: Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday welcomed the government’s move to extend the validity of the FAME II certification for one year. The Department of […]
Hero Electric sells 50,000 units in 2020, retains top slot in segment
The company further said its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across the country, thus offering the widest service network offered by any brand in the segment. New Delhi: Hero Electric said it has sold over 50,000 electric two-wheelers last year thus retaining the top slot in the […]
Hero Electric delivers first 12 e-bikes to Pioneer Asia Group
With the partnership taking shape, Hero Electric will deliver more electric bikes to the company in future, Hero Electric said Mumbai: EV maker Hero Electric on Wednesday said it has delivered the first 12 e-bikes to Sivakasi-based Pioneer Asia Group for employees’ commute in the first phase of the deal and is in discussion with […]
Covid a blessing in disguise for electric mobility: Hero Electric CEO
Hero Electric’s CEO also believes that the startups associated with electric and sustainable mobility will get through the crisis with signs of normalcy reappearing NEW DELHI: Coronavirus crisis could be an opportunity in disguise for sustainable mobility to flourish in India, thinks Sohinder Gill, director general of SMEV. In an exclusive interview to TOI, Gill […]
Electric vehicle makers see huge opportunity post Covid-19
Post Covid-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1 per cent. India is expected to be a significant contributor to this growth CHENNAI: With more and more Indians adopting the social […]
Lockdown extension right move, adverse impact on EV sector in next 1-2 months: SMEV
Describing the situation as a testing time for the EV industry, SMEV Director General Sohinder Gill said it is also time for its members to conserve cash, take care of workmen and utilise this time to plan ahead New Delhi: Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday said extension of the lockdown is […]
