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Ministries, PSUs, power firms gear up to charge India's electric vehicles

By : Sustainability ..., Apr 23, 2019

At least half-a-dozen public sector firms, the railways and various ministries are in the process of creating infrastructure and manufacturing components for electric vehicles (EVs)....

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SBI offers 20 bps discount on electric vehicle loans

By : Sustainability ..., Apr 23, 2019

In a bid to boost volumes for the struggling electric vehicles segment, State Bank of India Monday launched a discounted loan for buyers of such vehicles pricing 20 basis points lower than its...

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FAME-II subsidy: Carmakers voice resent over exclusion of private vehicles

By : Sustainability ..., Apr 23, 2019

Two months after FAME-II, car manufacturers are now voicing their disappointment over certain exclusions in the second phase of the electric vehicle incentive scheme rolled out by the government...

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Routematic Gears up to Become a Prevalent EV Player in the Country; Raises $2.5M in Pre Series A

By : Sustainability ..., Apr 18, 2019

In a major development towards its growth prospects, Routematic, India’s leading fleet service and transport automation software provider, has raised $2.5 million in a Pre Series A round from...

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Switching to electric vehicles may improve air quality: Study

By : Sustainability ..., Apr 16, 2019

Adopting electric vehicles (EVs) could improve overall air quality and lower carbon emissions, according to a study.

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GoZero Mobility to soon come up with 18 experience centres, 80 channel partners across India

By : Sustainability ..., Apr 16, 2019

British electric bikemaker GoZero Mobility today announced its pan-India expansion plan. The company, which has its Indian operations base in Kolkata, has outlined a three-pronged expansion...

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Electric vehicles sold through 2030 can save 474 mt oil: NITI Aayog

By : Sustainability ..., Apr 12, 2019

Electric Vehicles (EVs) sold in India through 2030 can save 474 million tonne of oil equivalent, worth Rs 15.2 lakh crore over their lifetime, according to a recent report by NITI Aayog and...

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Sales of scooters slip for first time in 13 years, PV segment sees slowest pace in 5 years

By : Sustainability ..., Apr 11, 2019

Indians, it seems, are slowly losing their love for cars and scooters, with the sales of scooters slipping into red for the first time in 13 years, and passenger vehicles growing at the slowest...

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Essel Infra puts EV plans on hold as debt resolution gets priority

By : Sustainability ..., Apr 11, 2019

 

Subhash Chandra-led Essel Infraprojects Ltd has halted plans to build electric vehicles, and is looking to first reduce its debt of ₹11,466 crore, said three people directly aware of...

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FAME-II scheme to impact electric 2-wheeler segment most: Crisil

By : Sustainability ..., Apr 9, 2019

Electric two-wheeler segment is expected to face a rough road in the initial phase of the FAME II Scheme with the exclusion of lead battery-powered such vehicles, as per a Crisil impact note....

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