Government To support 62,000 EVs, 15 Lakh E2Ws & E3Ws Through Subsidies Updated On Fri, Feb 12th, 2021 by Saurenergy The government aims to support through subsidies about 62,000 electric passenger cars (EVs) and buses, besides 15 lakh electric 2Ws and 3Ws. To Fasten the electric vehicle (EV) adoption in the country, the government aims to support through subsidies about 62,000 electric passenger cars and buses, besides 15 lakh electric three- and two-wheelers, Parliament was […] Read more
MG Motor India Launches New ZS EV 2021, Available Across 31 Cities Updated On Tue, Feb 9th, 2021 by Saurenergy The Indian subsidiary of Chinese automotive manufacturer, MG Motor India has launched the new ZS EV 2021 priced at Rs. 20.99 lakhs. The updated version comes with a best-in-class 44.5 kWh Hi-Tech battery and has a certified range of 419 KM*. Sharing his excitement, the President & Managing Director, MG Motor India, Rajeev Chaba stated, […] Read more
GreenCell to Invest 400 Cr for Deployment of 350 E-buses in UP Updated On Sat, Feb 6th, 2021 by Saurenergy GreenCell Mobility, backed by EverSource Capital, has announced on Thursday, that it is going to invest Rs. 400 crores in a consortium of PMI Electro Mobility Solutions, including the acquisition of 49 percent stake, for deploying 350 electric buses (e-buses) across Uttar Pradesh. Electric mobility solutions provider, GreenCell claims that it has acquired stakes in […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
No Road Tax, Zero Registration Fee for EVs in Telangana From Feb 3 Updated On Thu, Feb 4th, 2021 by Saurenergy The Telangana Government has released an order on Tuesday, declaring there will be no registration fees along with no road tax for electric vehicles (EVs) in the state, effective Wednesday, February 3. The order says that 100 percent road tax and registration fee exemption would be given for the first two lakh electric two-wheelers, first […] Read more
As EV Costs Drop, States’ Efforts to Ease Barriers Vary Dramatically: Report Updated On Thu, Feb 4th, 2021 by Saurenergy According to a report by ACEEE, there are many states in the United States that have done little to reduce barriers for EV adoption. With transportation now the largest source of US greenhouse gas emissions, several states are taking comprehensive steps to help enable residents and businesses to use and charge electric vehicle (EV), yet […] Read more
The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
‘Mobilising Finance for EVs in India’ Report by Niti Aayog Updated On Tue, Feb 2nd, 2021 by Saurenergy India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […] Read more
Tesla Won’t Solve the Issue of Low EVs Influx in India: IDTechEx Report Updated On Mon, Feb 1st, 2021 by Saurenergy Tesla has announced its plans to enter the Indian automobile market at the very beginning of 2021. So how will Tesla reach its goals in India, and how India will boost its EV adoption with this foreign entry? Well, the answer is not quite that straight and easy. However, a report from IDTechEx: “Electric Vehicles in […] Read more
