2,000 Electric Vehicles To Be Deployed In Flipkart’s Delivery Fleet
Walmart-owned Flipkart is getting ready for the festive season and the Big Billion Days. The company said that it will deploy over 2,000 electric vehicles in its delivery fleet for the same. As per a statement it said – “These 2,000 electric two-wheelers and three-wheelers have been deployed across 90 cities in India and will help deliver smiles this festive season sustainably.” Amongst these 90 cities are Bengaluru, Delhi/NCR, Mumbai, Chennai, Waidhan, Hyderabad, Vidisha, Shajapur, Jhabua, Pune, Sonai, Mysore, and Rampur. The sustainable packaging alternatives were co-created with seller partners to customize designs catering to durability, size constraints, and cost efficiency for different product categories. As part of its collaboration with The Climate Group’s EV100 campaign, Flipkart had committed earlier this year to deploy 25,000 EVs in its supply chain by 2030 towards its transition to 100 percent fleet electrification.
7 EV Charging Stations To Be Installed In Bhubaneswar Soon
A virtual meeting was held recently under the chairmanship of BMC Commissioner Sanjay Singh to discuss EV charging stations for public and private transport vehicles in Bhubaneswar. It was discussed that seven charging stations will be installed in Bhubaneswar soon, as the administration aims to have a robust infrastructure for electric vehicles across the city. The officials said that priority on the selection of locations will be given to malls, parking lots, hotels, residential complexes, workplaces, and highways. During the meeting, EV manufacturers also discussed measures adopted by cities such as Delhi, Mumbai, Ahmedabad, and Jaipur on electric vehicle adoption. In the first phase, seven charging stations at various places in the city, including near the Kalinga Institute of Industrial Technology and SUM Hospital, will be installed.
Piaggio Showcases Its EV Range At Gurugram’s New EV zone
Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group (European leader of the 2Wheeler sector) and India’s leading manufacturer of small
commercial vehicles displayed its electric three-wheeler Ape’ Electrik range at Gurugram’s new EV Zone. The new EV Zone was flagged off by Haryana’s CM, Manohar Lal Khattar. Piaggio was one of the few automakers who had the chance to display their Electric vehicles at the zone. Mr. Diego Graffi, Chairman and Managing Director, Piaggio Vehicles said, “We appreciate the Haryana government for inaugurating this unique ‘Parivartan’ initiative. We at Piaggio are certain that this new EV Zone will encourage the growth of the EV ecosystem and accelerate the transition to electric vehicles in Haryana.
Chandigarh To Also Provide Subsidies For E-vehicles Costing More Than Rs 15 Lakh
The Chandigarh administration had proposed an upper limit of Rs 15 lakh on the purchase of electric vehicles (EVs) for availing subsidy in its first-ever e-vehicle policy. It has now removed this. Previously, the UT had proposed that state-level financial incentives will be given on the purchase of all types of electric vehicles except those above Rs 15 lakh. This condition has been removed and no longer exists. Dharam Pal, the UT adviser, had recently formed a three-member committee to submit its report on financial incentives to be given to buyers in a bid to promote e-vehicles. The committee comprises the deputy commissioner, municipal commissioner, and Crest CEO. These incentives will be an add-on to those offered by the Centre, according to a senior UT official. As the prices of electric vehicles start from around Rs 15 lakh and by not giving subsidies to this segment, the basic purpose of the policy will be defeated. With this understanding, the decision was taken to remove the upper limit.
LetsTransport Plans To Augment Fleet With 1,000 Electric Vehicles To Drive Sustainable Growth
In a bid to drive sustainable growth of intra-city and last-mile logistics, LetsTransport, one of India’s fastest-growing tech logistics companies, will augment its electric vehicle (EV) fleet on its platform to 1,000 by June 2022. Having already commenced EV-led operations in Delhi-NCR, Hyderabad, Bangalore, and Mumbai, LetsTransport will introduce EVs to its fleet in Chennai, Pune, and Kolkata. LetsTransport has already tied up with 8 OEMs towards strengthening the EV fleet across cities. Currently, the 100-vehicle strong EV fleet includes three-wheeler vehicles from Piaggio, Etrio, ETO, Altigreen, and Kinetic, with a payload capacity of 500 kgs and these operate either with fixed batteries and swappable battery systems. The new vehicles are expected to also include 4 wheelers with a payload capacity of up to 2 tonnes. The primary deployment of these EVs is in intracity, last-mile logistics for e-commerce, retail, FMCG, and 3PL distribution sectors. Some of LetsTransport customers include Grab, Amazon, Big Basket, Delivery, DHL, Coca Cola, and ITC.
Heavy Industries Ministry Notifies PLI Scheme for Auto Sector
The government has notified the production linked incentive (PLI) scheme for the automobile and auto components industry in India for enhancing the country’s manufacturing capabilities of advanced automotive products with a budgetary outlay of ₹25,938 crores. The PLI Scheme for the auto sector envisages overcoming the cost disabilities of the industry for the manufacture of Advanced Automotive Technology products in India. The incentive structure will encourage the industry to make fresh investments for the indigenous global supply chain of Advanced Automotive Technology products. It is estimated that over a period of five years, the PLI Scheme for Automobile and Auto Components Industry will lead to fresh investments of over Rs 42,500 crores, incremental production of over Rs 2.3 lakh crore and will create additional employment opportunities of over 7.5 lakh jobs. Further, this will increase India’s share in the global automotive trade.
E-2W Maker Ward Wizard To Increase Its Annual Production Capacity To 2 lakh Units
WardWizard Innovations and Mobility Ltd, which is an electric two-wheeler maker, announced that it will double its annual production capacity to 2 lakh units with the setting up of an assembly line at the Vadodara plant. The company sells electric two-wheelers under the ‘Joy e-bike’ brand. It mentioned that its new automatic assembly line will become operational from October 2021. In a statement, the company said that the annual production capacity will be increased “from one lakh units to two lakh units in a single shift”. Though no disclosure was made on the investments on the same. As per the statement, the production capacity can be further ramped up to 6 lakh units annually with three shifts depending on the market demand. Last month, the company said it achieved its highest-ever monthly sales of 2,000 units and registered an order of more than 5,000 units. The company is also planning to expand its reach with more than 750 dealerships by the end of this financial year. Currently, it has 400 dealerships across the country in tier-I, II, and III cities.
CESL Launches Grand Challenge For Deployment Of E-Buses In Nine Major Cities
Giving a big thrust to the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), today announced the floating of the ‘Grand Challenge’ – a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings (STUs) to express their demand for electric buses and access the FAME II subsidy, for which a total of 3472 buses of subsidy equivalent is available. CESL will then aggregate this demand and based on a rating system, STUs will be allocated their total number of buses. The aggregated demand will be tendered out for the participation of OEMs and/or operators for the discovery of prices on the basis of rupees per kilometer. The cities to be covered under this “Grand Challenge” are Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat, and Pune.
Grip Invest Helps Zypp Electric Raise USD 8,00,000
Grip Invest has raised approximately Rs 6 crore (equivalent to USD 8,00,000) for Zypp Electric. This will help the electric vehicle logistics firm to increase its fleet to 2,000 e-bikes. Zypp has been leasing electric vehicles from Grip since June 2020. Grip Invest is planning to help Zypp in reducing capex costs and focusing on enhancing its network. The amount raised has been used to lease close to 750 e-two-wheelers to the e-mobility startup to scale up its fleet to 2,000 e-bikes within 18 months. Rashi Agarwal, Co-founder, and Chief Business Officer, Zypp Electric said that several global mobility companies have successfully leveraged the equipment leasing model to scale their business operations and further become more agile by converting capex into opex.