Convergence Energy Services Limited (CESL) Announces Open Tender for Empanelment of Charge Point Operators
In a significant move towards enhancing India’s electric vehicle (EV) infrastructure, Convergence Energy Services Limited (CESL) has invited bids for the empanelment of Charge Point Operators (CPO) for the procurement, supply, installation, testing, commissioning, and operation & maintenance of EV charging stations and/or battery swapping stations on a Build, Own, Operate, and Maintain (BOOM) model. The tender seeks to onboard experienced and capable service providers to accelerate the rollout of a reliable and widespread EV charging network across the country. The submission of bids is entirely online through the E-Tendering portal, emphasizing CESL’s commitment to transparency and efficiency in the procurement process.
India Launches Electric Mobility Promotion Scheme 2024 To Accelerate EV Adoption
In a significant move towards promoting electric vehicles (EVs) across the nation, the Ministry of Heavy Industries, Government of India, has introduced the Electric Mobility Promotion Scheme 2024 (EMPS 2024). Approved by the Department of Expenditure, Ministry of Finance, this scheme aims to accelerate the adoption of EVs in the country. With a total outlay of Rs. 500 crore for a period of four months, starting from April 1, 2024, until July 31, 2024, EMPS 2024 primarily targets the faster adoption of electric two-wheelers (e-2W) and three-wheelers (e-3W). The scheme seeks to provide a significant boost to green mobility and the development of the EV manufacturing ecosystem in India.
Karnataka Government Revokes Electric Bike Taxi Scheme Citing Safety And Legal Concerns
The Karnataka government has revoked the Electric Bike Taxi Scheme 2021, citing violations of the Motor Vehicle Act, concerns about “deteriorating law and order,” and safety issues for women. The decision follows objections from auto-rickshaw unions. The transport department, in a notification, highlighted the illegal use of non-transport two-wheelers by certain app-based organizations and the resulting conflicts affecting law and order. Ola, Uber, and Rapido offer bike-taxi services in the state, with Rapido being the market leader. However, Rapido clarified that the government’s notification does not impact its bike taxi operations in Karnataka, and it will continue serving customers without disruptions. The government had earlier expressed intentions to address illegal bike taxis but awaits the resolution of ongoing cases involving Rapido in the Karnataka High Court.
Motovolt Introduces India’s Pioneer Multi-Utility e-Scooter: Infused with German Technology
A leading electric two-wheeler company in India is revolutionizing urban commuting with the launch of the Motovolt M7. This groundbreaking multi-utility e-scooter (MUSe), the first of its kind in the country, signifies the company’s entry into the high-speed electric scooter segment. Infused with cutting-edge German technology and inspired by the aspirations of millions of Indians, the M7 sets a new benchmark for safety, quality, comfort, and sustainability. The Motovolt M7 was unveiled today by Mr. Snehasis Chakraborty, Hon’ble Minister Of Transport, Government Of West Bengal, in the presence of esteemed dignitaries including Dr. Soumitra Mohan, IAS, Secretary, Department of Transport, Government Of West Bengal, Ms. Barbara Voss, Consul General of Germany in Kolkata, renowned actor Mr. Abir Chatterjee, Mr. Andreas Zurwehme, CEO of eROCKIT, Germany, and Mr. Tushar Choudhary, Founder & CEO of Motovolt Mobility Pvt Ltd.
India Stands Firm: No Tailoring Of Policies For Tesla, Emphasizes Global Attraction For Electric Vehicle Manufacturers – Piysuh Goyal
India won’t customize its policies to suit Tesla, the electric vehicle manufacturer based in the United States, as stated by Commerce and Industry Minister Piyush Goyal. He asserted that the country’s laws and tariff regulations will be designed to attract all-electric vehicle manufacturers globally, emphasizing that the government aims to foster a vibrant EV ecosystem to reduce carbon emissions and decrease the significant oil import bill. Goyal clarified that the government will not create policies specific to any individual company, in responding to Tesla’s request for tariff concessions. The minister highlighted ongoing initiatives involving consultations with stakeholders and potential investors worldwide, affirming a commitment to encouraging all-electric vehicle manufacturers to establish a presence in India.
Karnataka Approves New Law Increasing Vehicle Registration Fees
The Karnataka government has approved a new law aimed at increasing vehicle registration fees in the state. Governor Thaawarchand Gehlot gave his approval to the Karnataka Motor Vehicle Taxation (Amendment) Act, 2024, on March 6, and it was published in the Gazette. Under the new legislation, an additional 3 per cent fee will be imposed on transport vehicles, with the proceeds directed towards the Karnataka Motor Transport and Other Allied Workers Social Security and Welfare Fund. Furthermore, the government now has the authority to impose a lifetime tax on electric vehicles (EVs). Electric cars, jeeps, omnibuses, or private service vehicles costing more than Rs 25 lakh will be subject to a 10 per cent tax on their registration cost. This marks the first instance of such a tax being levied on electric vehicles in the state.
Madhya Pradesh Announces Rs 40,000 Assistance For Laborers’ Electric Scooters
Madhya Pradesh Chief Minister Mohan Yadav announced that the state would provide Rs 40,000 in financial assistance to laborers buying electric scooters. Yadav made this announcement while addressing the audience before the inauguration of the airport terminal in Gwalior earlier that day. “We have increased the financial assistance to Rs 4 lakh from the current Rs 1 lakh in the event of the death of laborers or their suffering from physical disabilities,” he mentioned. Yadav also stated that workers would receive the assistance of Rs 40,000 to purchase e-scooters, in addition to announcing a raise in the wages of laborers across various categories.
Revent Precision Engineering and ECS Mobility Forge Strategic Partnership to Pave the Way for Cutting-Edge Automotive Manufacturing Facility in Haryana
Revent Precision Engineering, in collaboration with ECS Mobility, is proud to announce the inauguration of a cutting-edge manufacturing facility in Dharuhera, Haryana. This state-of-the-art facility is equipped with the latest technology and upholds the highest standards to ensure that our processes meet the rigorous quality benchmarks set by the market. This milestone marks a significant advancement in our journey towards expanding our product offerings in the automotive segment. As part of the Revent Group, our companies have a strong presence in both domestic and export markets, boasting 13 manufacturing plants across India. Over the next decade, we anticipate creating more than 1500 jobs through these facilities.
Servotech EV Infra Accelerates India’s EV Charging Revolution with Strategic Equity Dilution and Key Leadership Appointments
In a significant stride towards advancing India’s electric vehicle (EV) charging infrastructure, Servotech EV Infra Pvt. Ltd., a subsidiary of Servotech Power Systems Ltd., a leading manufacturer of EV chargers and solar products, announces major developments. Securing a strategic equity dilution of 6% at a pre-money valuation of Rs. 200 crore, this investment will fuel the initial phase of Servotech EV Infra’s ambitious growth plans. Additionally, within 100 days, Servotech EV Infra plans to establish Proof of Concept (POC) sites at 10 strategic locations in North India, with each EV charging station costing approximately 15-25 lakhs depending on charger capacity and quantity.
Adani Total Energies To Develop Electric Vehicle Charging Stations Along Uttar Pradesh Expressways
Adani Total Energies E-Mobility Ltd has been granted approval by the board of the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to construct charging infrastructure for electric vehicles along four expressways in Uttar Pradesh. This collaborative endeavor seeks to establish 26 charging stations along these expressways, facilitating convenient access for electric vehicle drivers. The charging cost is set at Rs 9.74 per kilowatt-hour. Last year, UPEIDA outlined its requirements, offering a 10-year lease for a 2,000 sqft space along the Agra-Lucknow, Bundelkhand, Purvanchal, and Gorakhpur Link expressways. Among the six technically eligible contenders, Adani Total Energies E-Mobility Ltd was selected as the preferred company.
