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LOHUM, Log9 join forces for circular battery economy
This collaboration is geared towards ensuring transparency and accountability regarding the residual value of lithium-ion batteries.Read more
More than half of India?s vehicles will be electric by FY33, Axis Capital Research
A progressive recasting of PLI for battery manufacturing is critical to spur EV battery making in India, concludes Nishit Jalan, Lead Analyst ? Automobiles at Axis Capital Research after a several-months-long study of the evolving global EV battery ecosysRead more
Tamil Nadu drives India's electric vehicle revolution
According to data from the Ministry of Road Transport and Highways’ VAHAN Dashboard, a total of 1,044,600 EVs were registered in the country until September 20, 2023, out of which 414,802 were produced in Tamil Nadu.Read more
Musashi India, Delta Electronics, Toyota Tsusho enter into JV for 2W EV drive units
Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network.Read more
Exicom is working on Plug & Charge, bi-directional charging, V2G functionalities
Gurugram-based, Exicom Tele-Systems develops industry-leading EV charging solutions for homes, workplaces, and public spaces. We have has encouraged consumers to switch from ICE vehicles to EVs, says Priyank Aggarwal, Chief Strategy Officer, Exicom Tele-Systems in this interview sharing alongside the company’s role in driving the EV revolution in India.Read more
VECV targets new export markets and EVs in India, celebrating 15 years
Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more
SMEV urges unified road tax exemption policy for EVs nationwide
In a letter addressed to the Union Minister of Road Transport and Highways, Nitin Gadkari, SMEV emphasised the critical need for a stable and supportive policy environment to expedite the transition towards electric mobility in India.Read more
India surpasses 1 mn EV sales in just 9 months, driven by growth factors
According to data from the Vahan Dashboard of the Ministry of Road Transport and Highways, a total of 1,037,011 EVs were registered with regional transport offices by September 19, constituting 6.4% of the nation's total automobile sales for the year.Read more
Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles
Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more
India pursues unified battery-swapping standards for Electric Vehicles
NITI Aayog, the government's public policy think tank, has urged the Ministry of Heavy Industries to convene a meeting involving industry stakeholders.Read more