Goa Notifies EV Infra Charging Policy 2021
Goa notifies the Goa EV Concessional Charging Infrastructure Policy 2021 which will make setting up EV charging stations in the state easy and will accelerate the electric vehicles’ sales. With prior approval, the EV charging station operators will be allowed to generate revenue from other sources. The revenue will be shared on a 50-50 basis with the Goa Energy Development Agency (GEDA). 20% of the GEDA charges will be shared with the agency that owns the land and 80% will be transferred into the Goa Decarbonisation Fund. If GEDA receives multiple applications for a location, it will award the location to the applicant who offers maximum monthly contribution during the allotment period.
IOCL To Set Up 1,000 EV Charging Stations In India
Indian Oil Corporation (IOCL) will set up around 1,000 electric vehicle charging stations in the country this year. It will ramp up the process of setting up EV charging stations in the country. “Indian Oil is gearing up to provide EV charging facilities at 10,000 fuel stations in the next three years. This will give confidence to customers for an uninterrupted drive as well as to automobile manufacturers to enhance the production of electric vehicles,” said V Satish Kumar, the director of marketing at IOCL. IOCL will also set up 15 EV charging stations by the end of the current fiscal year. Currently, it has 3 electric vehicle charging stations in the city.
Honda And HPCL To Establish Battery Swapping Stations
Honda Power Pack Energy India Private Limited, Honda Motor Co., Ltd.’s new subsidiary for battery sharing service, and Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Oil & Gas Public Sector undertaking, signed a memorandum of understanding and commercial agreement to collaborate in the field of E-mobility and provide battery sharing services in HPCL’s retail outlets in major cities across India. This marks the global debut of Honda’s battery sharing service and HPCL has been chosen as a preferred partner.
MG Motor and PPG Asian Paints Unveil New Technology To Save 1500 Tonnes CO2 Annually
MG Motor India takes another step towards sustainability. The company has recently become the world’s first automotive brand to use ULTRAX Degreaser, a liquid alkaline degreasing cleaner developed by PPG Asian Paints. The degreasing pre-treatment chemical launch aligns with the brand’s focus on making sustainable mobility greener, leading to a CO2 reduction of 787 tons/annum. Apart from the ULTRAX degreaser, MG Motor India conserves energy through Low-Temperature Phosphate (VERSABOND) and High Throw Low Cure Cathodic Electro Coating Paint, leading to a CO2 reduction of 325 tons/annum and approximately 388 tons/annum, respectively.
Jaipur To Get EV Charging Stations On 75 Locations Soon
Jaipur Development Authority (JDA) identifies around 75 locations comprising Jawahar Circle, Central Park, Nursery Circle, SMS Hospital parking, and more for setting up EV charging stations in the city. A senior official said, “We are examining the ministry’s revised guidelines for charging infrastructure for electric vehicles to enable faster adoption by ensuring safe, reliable, and affordable infrastructure. When JDA invited EOI, not many companies showed interest. The EV stations will be set up as per new guidelines.” An entity or an individual is permitted to set up EV charging stations without the need for a license as per the updated guidelines of the Union government.
BikeWo Acquires Munim App to Pave the Way towards Nationwide Growth and Expansion
Hyderabad-based BikeWo — one of the fastest-growing EV two-wheeler smart hub networks in India, has announced the acquisition of Bengaluru-based staff management and business intelligence platform Munim App in a cash-and-stock based strategic acquisition deal. Following this acquisition, Munim will continue to operate independently, but shall simultaneously provide exclusive technology and scale-up support to BikeWo in the near future. The move is strategically-oriented and is expected to be highly beneficial in fortifying the business operations of both the start-ups over the long term.
