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India needs 50 GWh of battery storage within 2.5 yrs for planned EV transition: NITI Aayog official

By : Sustainability ..., Jan 20, 2020

India will need 50 gigawatt hour (GWh) of battery storage capacity over the next two-and-a-half years to support the projected growth in renewable energy and meet the national electric mobility target, a senior NITI Aayog official said. “If India moves on the projected path...

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SC seeks Centre’s reply on PIL for converting public transport, govt vehicles into electric ones

By : Sustainability ..., Jan 20, 2020

The Supreme Court on Friday sought response of the Centre on a PIL seeking implementation of its policy on gradually converting all public transport and government vehicles to electric vehicles to curb air pollution and carbon emission. A bench headed by Chief Justice SA...

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Ideaspring Capital, Rebright Partners and ABB Technology Ventures invest in Numocity

By : Sustainability ..., Jan 15, 2020

Numocity Technologies, a tech startup focused on providing digital solutions for electric mobility infrastructure raised an undisclosed amount from Ideaspring Capital, Rebright Partners and ABB Technology Ventures, informed the company in a release. Numocity has an end-to-end...

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Auto industry seeks bold fiscal measures in the Budget to revive growth

By : Sustainability ..., Jan 13, 2020

In middle of a prolonged slowdown, the automobile industry has asked the government to take bold fiscal measures to revive the sector that has reported its worst-ever sales decline in two decades during 2019, industry sources said. In the upcoming Union Budget, the auto...

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Shared mobility will be the base of EV plan, says M&M's Pawan Goenka

By : Sustainability ..., Jan 10, 2020

Automobile entity Mahindra & Mahindra says shared mobility will be the base of its electric mobility plan. "This is in tune with government policy. The company is working with state governments and fleet operators to make electric mobility viable. Mahindra now has 22,000-...

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Goodyear unveils $100 million VC fund for new mobility initiatives

By : Sustainability ..., Jan 10, 2020

Ohio-based tyremaker Goodyear Tire & Rubber Co recently announced the launch of a $100 million venture capital (VC) fund for new investments in future mobility solutions over the next 10 years. Named as Goodyear Ventures, the fund will continue and expand Goodyear's...

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Battery Swapping Should Come Under FAME’s Ambit: Piaggio India

By : Sustainability ..., Jan 7, 2020

Piaggio Vehicles (PVPL), a 100 per cent subsidiary of the Italian Piaggio Group, opined that the government should consider giving incentives for electric vehicles which are not only run on pre-fixed batteries but also on swappable technology solutions. At the moment, only...

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Prakriti E-Mobility partners with US-based Ridecell for tech solutions

By : Sustainability ..., Jan 7, 2020

App-based taxi service provider Prakriti E-Mobility on Monday said it has tied up with US-based Ridecell Inc as its technology partner in India for its all-electric cab service, Evera. The company also announced the launch of its app-based EV cab services across the national...

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Tata Motors in alliance talks with Chinese firms

By : Sustainability ..., Dec 17, 2019

Tata Motors Ltd, India’s largest vehicle maker, is in initial talks with a couple of Chinese automobile companies for a tie-up for its passenger vehicles business, three people aware of the development said. These companies may either invest directly in Tata Motors or form a...

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With Make in India, BYD looks to make country EV hub for the region

By : Sustainability ..., Dec 17, 2019

V Rishi Kumar BYD Co Limited, the diversified business conglomerate based in Shenzhen, China, is on expansion mode in India through the ‘Make in India’ drive. It is in the process of stepping up its engagement in India in the entire electric mobility chain and electronics,...

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