EV sales witness growth across categories in FY24
New Delhi: Electric vehicle retail sales in India witnessed growth across all segments in the previous fiscal year ended on March 31, 2024, including passenger vehicles and two-wheelers, according to the Federation of Automobile Dealers Associations (FADA).
Omega Seiki Mobility announces new EV manufacturing unit at Pune
Pune: Electronic Vehicle (EV) manufacturer Omega Seiki Mobility said Thursday it would make an initial investment of Rs 40 crore (USD 5 Mn) to build a capacity of 6,000 electric three-wheelers per annum.
Honda plans to invest $64 billion by 2030 to ramp up EV production
Japan's Honda Motors will invest $64 billion by 2030 to push its EV segment with the addition of 30 more models in the course of the next 10 years, Reuters reported.
Green financing critical to decarbonizing the Indian transport sector: NITI Aayog CEO
New Delhi/IBNS: More financial instruments are required to provide a further impetus to clean mobility in India, especially shared mobility, while focussing on financing mechanisms that are widely applicable, acceptable, and, most importantly, sustainable, according to NITI Aayog CEO Amitabh Kant.
Phased Manufacturing Programme to promote indigenous manufacturing of EVs: Minister
New Delhi/IBNS: The Centre has notified a Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of Electric Vehicles, its assemblies / sub-assemblies and parts / sub-parts / inputs of the sub-assemblies, Ministry of Heavy Industries said.
Over 900K EVs on road in India: Centre
New Delhi/IBNS: There are 966,363 electric vehicles on road across the country, Minister of State for Heavy Industries informed parliament on Friday.
Govt issues revised guidelines to set up public EV charging stations
New Delhi/IBNS: In an attempt to create a support network for Electronic Vehicles (EVs), the Centre has allowed government entities to provide land to private agencies to set up public charging stations through bidding starting with a floor price of Rs 1 per unit.
TVS Motor partners with Swiggy to expand EV role in food delivery
New Delhi/UNI: Two & 3Wheeler manufacturer TVS Motor Company has announced a partnership with food and on-demand delivery player Swiggy to enable the adoption of electric vehicles in its delivery fleet and increase the share of EVs in food delivery and on-demand delivery services.
TVS, BMW likely to ink deal for EV development and production: Report
Chennai: Indian automobile major TVS is likely to collaborate with BMW for joint development, manufacturing, and exports of electric vehicles from India, ET reported.
Comprehensive action plan needed to drive EV uptake: ASSOCHAM-Nomura Research paper
New Delhi, Feb 16 (IBNS): Conducive policy environment for market creation, technology development and setting up of a vibrant manufacturing ecosystem for electric vehicles can drive electric mobility in India, noted a recent ASSOCHAM-Nomura Research Institute (NRI) joint study.