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Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021

The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […]

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Tata AutoComp delivers 64 DC Fast Chargers for Electric Bus Charging

Tata AutoComp Systems Limited, a key auto-component player, along with a US-based DC charging infrastructure company, Tellus Power Green, has successfully supplied an order for 64 200kW DC fast chargers to Tata Power for charging stations being set up by them for electric buses (e-buses) supplied by TATA Motors for operation in Mumbai as well […]

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India Needs 4 Lakh Charging Stations for 20 Lakh EVs by 2026

According to a new report by Grant Thornton Bharat-Ficci, India needs around four lakh charging stations for 20 lakh electric vehicles (EVs) by the year 2026. The report that came on Sunday said that to achieve its target of 100 percent electric mobility by 2030, India needs to focus on key points, including increasing government […]

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Okaya Power Commissions 100 kW Hybrid Solar Plant in Himachal

Okaya Power has commissioned a 100 KWp hybrid solar plant at its manufacturing unit at Baddi in Himachal Pradesh. Okaya Power has announced that it has commissioned a 100 KWp hybrid solar plant at its manufacturing unit at Baddi in Himachal Pradesh. The plant is expected to generate around 144 MWh of clean energy annually according to the company, and further help […]

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Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […]

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Electric Vehicle Demand in India More Than Doubled in the Last 3 Years

In a written reply to a question on electric vehicles (EVs) in the Lok Sabha, Minister of State for Heavy Industries Arjun Ram Meghwal said that the number of registered EVs as per the e-Vahan portal during the last three years has seen a consistent increase. As against 69,012 units of EVs sold in India […]

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Magenta & HPCL Install First set of Street Lamp Integrated EV Chargers

The “ChargeGrid Flare” street lamp integrated EV chargers, an initiative by HPCL and Magenta, has opened at HPCL outlets in Mumbai and Delhi. The “ChargeGrid Flare” street lamp integrated EV chargers, a unique initiative by HPCL and Magenta, is all set to open at HPCL Bandra Kurla Complex outlet in Mumbai and Nitimarg T&E outlet […]

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Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem

South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […]

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