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Govt's Rs 10,000-cr scheme to promote electric vehicles fails to take off in its first year

By : Sustainability ..., Apr 23, 2020

The government’s push to incentivise the purchase of electric vehicles in India has failed to take off, with only a fraction of the targeted number sold in the first year of the three-year Rs 10,000 crore subsidy scheme. The second phase of the Faster Adoption and...

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Coronavirus: Electric two-wheeler sales set to skid, new launch postponed

By : Sustainability ..., Mar 17, 2020

For Okinawa Autotech, a fledgling maker of electric two-wheelers, that started making products a couple of years ago, sales were humming along steadily with numbers of 45,000 units a year and projections of reaching 100,000 in sales by this year. Suddenly, the squeeze of...

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PMI Electro and BYD-Olectra bag most e-bus orders

By : Sustainability ..., Jan 23, 2020

PMI Electro and BYD-Olectra have won large contracts floated by state transport agencies for supply of electric buses under a government scheme to promote green mobility, followed by Tata Motors, JBM Auto and Mytrah, people aware of the development said. Haryana-based PMI...

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Govt to invite bids for reallocation of subsidy for 2,000 e-buses in February

By : Sustainability ..., Jan 22, 2020

The Centre will invite proposals from state transport departments for reallocation of central subsidy for 2,000 electric buses under its Fame II scheme to promote electric mobility, but will not allow participation of cities that defaulted in the first round, people aware of...

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Telangana: Roadmap on 138 EV charging stations in a week

By : Sustainability ..., Jan 8, 2020

With the Central government approving 138 electric vehicle (EV) charging stations for the State, the Telangana State Renewable Energy Development Corporation Ltd (TSREDCO) has begun formulating procedures for the selection and execution of setting up these stations. The...

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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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Suzuki JV to invest ₹3,715 crore in second phase of battery venture

By : Sustainability ..., Jan 2, 2020

Japan’s Suzuki Motor Corp. (SMC), Toshiba Corp. and Denso Corp. will jointly invest ₹3,715 crore in the second phase of their battery venture in Gujarat’s Hansalpur, a confidential company presentation showed. The investment, spread over 2021-25, is part of the ₹5,000-crore...

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EV market seen growing 36 per cent annually till 2026

By : Sustainability ..., Dec 13, 2019

The domestic electric vehicle (EV) market is projected to grow 36 percent annually between 2019 and 2026 as the market has gained traction following the implementation of the second phase of the EV incentives scheme in April. Under the government's ambitious Fame (Faster...

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150 new e-buses to ply on city roads by early 2021

By : Sustainability ..., Nov 11, 2019

According top priority to its plan of replacing the existing fleet of mass transport vehicles with electric buses, the Surat Municipal Corporation (SMC) has floated tenders for procurement of 150 e-buses. By replacing the present diesel-run fleet with e-buses, SMC hopes to...

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700 Electric Buses To Ply On Uttar Pradesh Roads Under FAME II

By : Sustainability ..., Oct 9, 2019

As part of the second phase of the Centre’s FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India) scheme, under which 5,595 air-conditioned electric buses are to be bought across the country. The Uttar Pradesh has put out bids to buy 700 electric...

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