Week In India: MoHI Selects Three Companies For Manufacturing EV Batteries Under PLI Scheme; CM Of Odisha Flags Off 50 Electric Rickshaws And 10 Electric Buses; And more

0
47
alternative auto automobile battery
Photo by Mike on Pexels.com

Estimated Reading Time: 4 minutes

MoHI Selects Three Companies For Manufacturing EV Batteries Under PLI Scheme

Three selected bidders signed the Program Agreement under Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. Commenting on the PLI Scheme for ACC Battery Storage, Union Cabinet Minister for Heavy Industries Dr. Mahendra Nath Pandey said that – “This embarks a new chapter in India’s manufacturing industry as we set the vision for battery manufacturing and compete globally with other nations in this sunrise sector. This will be favorable to the EV ecosystem and energy storage market as it will support the demand for EVs and renewable and attract investment in this sector. Today big companies are investing in battery manufacturing in India. We should support them and make India a truly global manufacturing hub. This will also help us to achieve India’s commitment to Panchamrit given by Hon’ble PM Modi ji in COP 26”.

India Must Set Up 46,000 Charging Stations For Electric Vehicles By 2030 In Order To Meet The Global Benchmark

A white paper published suggests that India must set up 46,000 charging stations for electric vehicles by 2030 in order to meet the global benchmark. The EV charger ratio for India is 135, China is 6, the Netherlands is also 6, and for the USA it is 19. According to Alvarez and Marsal’s white paper, one charger is needed for every 135 EVs in India, while 6 are required in China. The paper discussed six issues that affect EV adoption: affordability, supply chain, range anxiety, product safety & quality, and insufficient financing. The report said that India has a large automobile industry and is plagued by pollution. This makes it ripe for innovation, and EV adoption will be rapid in the future. The paper suggested that sub-segments in the industry could grow at a compounded growth rate of between 50 and 100% over five years, if supply chain, product safety and product innovation, charging infrastructure and financing barriers are eliminated.

ALSO READ  India's Gross EV Sales Is All Set To Reach 8-9 Lakhs In This Fiscal Year

CM Of Odisha Flags Off 50 Electric Rickshaws And 10 Electric Buses

Chief Minister of Odisha, Naveen Patel flagged off 50 electric rickshaws and 10 electric buses in order to make Bhubaneswar a more environmentally friendly city. An official stated that the buses each have 30 seats, with women’s reserved seats marked in pink. He stated that the zero-emission electric vehicle will encourage green mobility and pave the way for a sustainable future. He said that the number of electric buses will rise to 50 in the near future and that the emphasis will be on women’s employment in these operations. To boost electric mobility, Odisha also decided to give a 15% subsidy on every purchase of electric vehicles according to the Commerce and Transport Department of the state.

CESL To Install 810 Charging Stations For Electric Vehicles On 16 Highways And Expressways In The Country

Convergence Energy Services Ltd. (CESL), will install 810 charging stations for electric vehicles on 16 highways and expressways that cover 10,275 km in the country. CESL, under the Ministry of Power, is a subsidiary of Energy Efficiency Services Ltd (EESL), has found prices for 810 electric vehicle charging stations according to a statement. According to the statement, the selected corridors include major routes like the Eastern Peripheral Expressway, Mumbai-Pune highway, Delhi-Agra Yamuna Expressway, Agra-Nagpur Highway, Hyderabad ORR Expressway, and Ahmedabad-Vadodara Highway among others. CESL uses a service procurement model to set up these charging stations.

Hero Electric Tops The Electric Two-Wheeler Sales With The Sale Of 12,704 EVs In July In India

Hero Electric sells the maximum number of electric two-wheelers in July and surpasses the sales of Ather Energy, Ola Electric, and Okinawa Autotech. Ola Electric and Ather Energy are continuously seeing a drop in their sales amid fire incidents. According to the latest data, Ather Energy only sold 1,095 electric two-wheelers in July from 3,829 units in June. This is the largest drop among EV manufacturers. The Ola Electric, a Bhavish Aggarwal-run company, sold 3,690 vehicles in July, a substantial drop from the 5,891 vehicles it sold in June. To date, the company has sold 45,698 vehicles. Ola Electric sold 12,705 electric vehicles in April and 9,258 in the month of May at its peak before the fires that rocked the country.

ALSO READ  Hero MotoCorp's Revenue For The Third Quarter Of FY' 2022 Is Rs. 7,883 Crore

Delhi Transco Limited To Install 1,000 EV Charging Stations In The City

Delhi Transco Limited (DTL), will probably arrange approximately 1,000 public electric vehicle charging stations and 100-odd battery swapping points within the next few weeks. The EV Charging Infrastructure Working Group held its fifth meeting. Four concessionaires were awarded letters of acceptance in March as a response to a proposal by DTL to organize the EV charging community. “This tender, which is unique in India, uses the public-private partnership model for setting up EV chargers. This will lead to the lowest charging rate anywhere in the world, at Rs 2 per unit,” said Jasmine Shah, vice-chairman of the Dialogue and Development Commission of Delhi. She is also serving as chairman of the working party.

West Bengal To Purchase 1180 Electric Buses By 2023

According to Convergence Energy Services Limited, a central government agency, West Bengal Transport Corporation (WBTC), 1180 electric buses will be purchased by 2023 for green public transportation. Tata Motors will sell four e-buses: 12-metre non-AC standard-floor, 12-metre low-floor AC buses, 9-metres standard-floor AC buses, and 9-metre non-AC standard-floor buses. CESL stated in a statement that Tata Motors would initiate work to design, produce, and supply electric buses to WBTC and develop the necessary charging infrastructure. The goal is to deliver all 1180 electric buses by 2023. CESL is the government’s designated nodal agency to procure and deploy electric vehicles. This includes electric buses.

ALSO READ  GreenPower Acquires Lion Truck Body Adding Capacity For EV Truck Bodies and Reducing Delivery Times

Delhi Development Authority Approves Proposal For Installation Of EV Charging Stations At Petrol Pumps At Lesser Licence Fees

Officials said that the Delhi Development Authority approved a proposal for the installation of electric vehicle charging stations at CNG stations, and petrol or diesel pumps at lesser licence fees for limiting air pollution in Delhi. This decision was made at a meeting by Lt Governor V K Saxena during the urban body. He also rejected several key proposals including easing norms regarding the owing of a DDA apartment by members from the economically less fortunate section (EWS). The LG is also the chairperson of DDA tweeted about his decision made during the meeting. Other members were present, including the vice-chairman of the urban body among others.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.