Bihar Approves Electric Vehicle Policy 2023 To Achieve 15% EV Share By 2028
On Tuesday, the Bihar Electric Vehicle (EV) Policy-2023 received approval from the Nitish Kumar government, aiming for a 15% share of EVs in all state vehicle registrations by 2028. The policy focuses on accelerating the adoption of electric and hybrid vehicles through incentives on purchases and the establishment of necessary charging infrastructure, addressing environmental pollution and fuel security concerns. Key measures include subsidies on Motor Vehicle (MV) Tax, up to 75%, and purchase incentives of up to Rs 1.25 lakh for the initial 1,000 personal four-wheeler EVs. Similar benefits apply to the first 10,000 personal two-wheeler EVs. The policy also supports environmental quality improvement, encourages startups and investments in the electric mobility sector, and promotes renewable energy for EV charging stations.
Kia Introduces K-Charge Initiative Featuring 1000+ Charging Stations In India
Kia India, one of the country’s leading premium carmakers, unveiled K-Charge — an innovative initiative in the ‘MyKia’ app that allows users to discover over 1000 EV charging stations nationwide. In one of the industry-first moves, Kia is extending access to this charging network to non-Kia customers, providing valuable assistance to Indian EV users in overcoming Range Anxiety. This strategic move reflects Kia’s commitment to enhance customer services by consolidating various functions into one user-friendly smartphone app. Kia has collaborated with 5 charging point operators (CPOs): Statiq, ChargeZone, Relux Electric, Lion Charge, and E-Fill charging operators to enable this initiative.
inGO Electric Unveils inGO Flee 2.0 Electric Vehicle In India
InGo Electric, a company specializing in last-mile micro-mobility, has unveiled its latest electric vehicle model, inGO Flee 2.0. Priced starting at INR 62,000, the inGO Flee 2.0 prioritizes ergonomic design and comfort. Featuring maintenance-free shocks to ensure a comfortable journey, it has the capacity to transport 25kgs on the carrier and 50kgs on the footboard. The vehicle features IoT and telematics capabilities for real-time tracking, remote locking, geo-fencing, and theft alerts. Equipped with a Lithium-Ion battery, it offers quick charging in under four hours and easy swapping in less than two minutes.
Ola Electric Achieves Record 30,000 Electric Scooter Registrations In November
In November, Ola Electric experienced its highest monthly scooter registrations, totalling 30,000 units, driven by robust demand during the festive season. The company, relying on data from the state-run VAHAN portal, reported a 30% month-over-month growth and an 82% year-over-year increase in registrations. Ola Electric claimed a significant market share of 35% in the electric scooter segment for November, outperforming competitors such as Ather Energy, Okinawa Autotech, Ampere EV by Greaves, Hero Electric, and TVS Motor Company. Anshul Khandelwal, the Chief Marketing Officer at Ola, expressed the company’s position as the preferred choice among customers, anticipating a continued positive trend in December.
Adani TotalEnergies E-Mobility And Kanpur Municipal Corporation Collaborate To Boost EV Charging Infrastructure
Adani TotalEnergies E-Mobility Limited (ATEL) has entered into a partnership with Kanpur Municipal Corporation (KMC) to promote e-mobility in Kanpur. The Memorandum of Understanding between ATEL and the Municipal Corporation outlines ATEL’s responsibility to establish EV charging stations at 18 key locations in Kanpur. This collaboration follows the Municipal Corporation’s association with Tata Power EV Charging Solutions, tasked with installing 12 electric vehicle charging stations at six strategic locations in Kanpur. The Uttar Pradesh Government’s broader plan includes the deployment of EV charging stations in various municipal cities, heritage sites, tourist destinations, and national and state parks, aiming to enhance the EV charging infrastructure across the state.
India Grants Rs. 5,228 Crore In Subsidies As Over 11 Lakh EVs Zoom Into The Market By 1st December 2023
India’s Ministry of Heavy Industries (MHI) has successfully implemented the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) Scheme, with a budgetary allocation of Rs. 10,000 crore over five years starting from April 1, 2019. The focus of this phase is primarily on supporting the electrification of public and shared transportation, providing demand incentives for 7,090 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars, and 10 lakh e-2 Wheelers. The scheme also supports the creation of charging infrastructure. As of December 1, 2023, under FAME India Phase II, a substantial subsidy amounting to Rs. 5,228.00 crore has been provided to electric vehicle manufacturers for the sale of 11,53,079 electric vehicles. The breakdown of sold electric vehicles includes 10,16,887 two-wheelers, 1,21,374 three-wheelers, and 14,818 four-wheelers.
Hero MotoCorp Partners With Ather Energy To Establish India’s Largest Interoperable EV Fast-Charging Network
In a landmark collaboration, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and Ather Energy, a leading Indian electric vehicle (EV) manufacturer, have partnered to establish an interoperable fast-charging network in India. This groundbreaking initiative allows EV users to seamlessly access both VIDA and Ather Grids across 100 cities with over 1900 fast charging points, forming the country’s largest EV charging ecosystem. The Bureau of Indian Standards (BIS) recently approved the Light Electric Combined Charging System (LECCS), India’s first indigenously developed AC and DC Combined Charging connector standard for light electric vehicles.
Fujitsu Launches Pilot Modeling For Optimal EV Charging Infrastructure Deployment In India
Fujitsu, a prominent digital transformation partner, has initiated pilot modeling activities aimed at optimizing the deployment of electric vehicle (EV) charging infrastructure in India. Utilizing its Fleet Optimization solution, which employs digital twin simulation technology, Fujitsu aims to streamline fleet deployment and operations. This initiative is part of Fujitsu’s involvement in the Zero-Emission Vehicle Emerging Markets Initiative (ZEV-EMI) led by the World Business Council for Sustainable Development (WBCSD). Collaborating with a global consortium, Fujitsu will contribute to the development of a data-sharing platform to facilitate the adoption of zero-emission vehicles in India and enhance planning and investment in EV charging infrastructure.
