The Modi government’s move on electric vehicles (EVs) is both path-breaking and forward looking. It has the potential to quite substantially reduce our huge oil import bill, for instance by stemming oil consumption in two-wheelers.
India’s move to acquire reserves of strategic minerals like lithium and cobalt to power the country’s move into electric vehicles is all set to become a reality with three state-owned metal and mining companies due to ink a joint venture agreement early next month.
With Noida Authority joining hands with Energy Efficiency Services Limited (EESL) to push for electric vehicle infrastructure, public electric vehicle charging stations will be soon installed at several locations across the city.
The scene at Ritz Carlton on Friday was one of excitement with finalist founders of 28 startups, selected through a rigorous filtering process out of 14,000 applications received, seeking spot funding from 12 plus investors.
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).
The technical report titled ‘India’s Electric Mobility Transformation: Progress to Date and Future Opportunities’, quantifies the direct oil and carbon savings that the vehicles incentivized under FAME II will deliver.
Martin Eberhard, the co-founder of Tesla, strongly advocated that the Indian government should back Indian companies to develop electric vehicle technology rather than hybrids, citing the leapfrogging in electric vehicle (EV) technology by China.
Supply-side constraints may prove to be an obstacle in battery-driven electric vehicles becoming the only technology for future mobility in India and hydrogen-powered fuel cell EVs could become a complementing technology in future
The heads of large Indian public sector oil and gas companies have spoken in unison to downplay the business risk posed by the rapid rise of electric vehicles and renewables. The two latest disruptions of the energy industry
Tata Power Co. is seeking to set up electric vehicle chargers in the Indian capital, a company official said, as one of the most polluted cities on earth plans an ambitious push toward cleaner vehicles.