India is the fourth largest market for Honda after the U.S., China and Japan so it couldn’t pass on the opportunity. India hopes to stop ICE car sales by 2030. Earlier this year, Japanese companies Suzuki, Toshiba and Denso announced joint projects in India to produce EV batteries in India. Acco... Read more
The 2018 Budget had no particular mention of anything related to the aggressive promotion of environment-friendly vehicles, however, the government of India appears to be slow-but-steady in endorsing the idea of cleaning the country’s air. As demand for electric vehicles has started gaining a rap... Read more
The Union government makes no bones about its intent to promote electric vehicles (EVs). However, it would do well to learn a few lessons from what happened to smartphones before making grand technology bets. A number of incentives for EVs are on the table. Last week, the Union minister for road tr... Read more
The national wind-solar hybrid policy is likely to keep the power tariffs lower thanks to drastic fall in the capital expenditure cost. Introduction of the policy will give a shot in the arm to further augment installed capacity and achieve the 175 GW target of renewable energy by 2022 (100 GW sola... Read more
The Union ministry of home affairs (MHA) is planning to switch to electric vehicles and replace diesel-guzzling vehicles, including heavy trucks and buses, and encourage use of solar and wind energy instead of generators as power backups, senior government officials said. This comes as part of MHA... Read more
South Korean battery solutions provider Kokam Co Ltd announced this week it has installed a 30-MW/11.4-MWh energy storage system (ESS) for Australian utility Alinta Energy. This is the largest lithium-ion battery deployed for industrial application in Australia, Kokam said in a press statement. Th... Read more
SAR Group, makers of water purifiers under Livpure brand and automotive batteries and storage solutions under Livguard brand, is looking at raising between $50 million and $100 million during this financial year for its battery business. The Group was founded by Rakesh Malhotra and Navneet Kapoor i... Read more
The government proposes to set up charging stations for electric vehicles every three kilometres in cities with million-plus population and smart cities, and every 50 km on busy national highways. It is likely to offer fiscal incentives and facilitate land from municipal authorities for those inter... Read more
India may not achieve its renewable energy target of having 100 GW of solar energy and 60 GW of wind power by 2022, as per a survey conducted by a consulting firm Bridge to India. India is expected to add total 66 GW of solar energy and 52 GW of wind power by March 2022 -- which is 66 percent of 10... Read more
Having exited shareholding in Luminous Power Technologies, SAR Group founder Rakesh Malhotra is set to re-enter the inverter battery segment in India once the non-compete clause (NCC) with Schneider Electric expires in October this year. The inverter battery business will be launched under the entit... Read more
As part of an Rs 9,400-crore package for electric and hybrid vehicles, the government may offer incentives of up to Rs 2.5 lakh to those scrapping old petrol- or diesel-fired vehicles along with sops for investment to manufacture parts such as motors in the country. Buyers of electric two-wheelers ... Read more
Passenger mobility has been undergoing a transformation due to rapid progress and development in vehicle manufacturing technology and energy storage innovations. India's think-tank NITI Aayog is in the process of developing a roadmap for higher adoption of electric vehicles (EVS) by 2030. With multi... Read more