The government plans to double the mandatory local content in electric vehicles to 70% in three years and impose heavy duties on imports to ensure that domestic manufacturing gets a big boost from the Rs 8,730-crore proposal to shift public transport to battery-operated vehicles. This has huge impl... Read more
Homegrown consumer durables maker Micromax Informatics plans to enter electric vehicles and battery manufacturing, especially at a time when handset and consumer electronics segments have become hyper competitive. Micromax is in advanced stages of completion of the testing formalities for the vehic... Read more
The Diu Smart City has become the first city in India that runs on 100 per cent renewable energy during the daytime, setting a bench-mark for other cities to follow, an official release said today. Diu had been importing 73 per cent of its power from Gujarat till last year, it added. The city has ... Read more
Mahindra Electric, part of the diversified USD 19 billion Mahindra Group and Meru, technology-enabled cab services company, today announced a collaboration for a pilot Electric Vehicle project here. According to a press release issued by the auto maker, the pilot project will see Meru deploy a flee... Read more
Swedish automaker Volvo Cars wants incentives for hybrid vehicles in India as it looks to expand it's cleaner transport solutions in the country. “In order for us to do better business in India, the incentive for electrified vehicles would be great,” Paul Welander, senior vice president at Volv... Read more
The Indian Oil Corporation (IOC) is gearing up to enter the battery vertical soon and willing to acquire superior technologies for that, and customise them to Indian conditions while improvising on its lead-acid storage solutions. This foray is intended to produce batteries that help in driving ele... Read more
Power and energy solution provider Exicom Tele-Systems on Friday said it has bagged the second bid to supply 2,000 electric vehicle chargers under the Energy Efficiency Services (EESL) at different locations in the country. The company will supply 1,800 AC chargers of 3.3kW and 200 DC fast chargers... Read more
Swedish luxury car maker Volvo Car is planning to assemble hybrid vehicles in India to stay ahead of German luxury car makers in the cleaner emission technology in India, especially in the future when such standards become stricter. Volvo, which last year set up a factory in Bengaluru, expects most... Read more
The Competition Commission of India (CCI) on Thursday said that three leading dry cell manufacturers — Eveready Industries India, Indo National (maker of Nippo), Panasonic Energy India — and the Association of Indian Dry Cell Manufacturers (AIDCM) had colluded to fix prices of zinc-carbon dry ce... Read more
Chinese e-vehicles giant BYD, which has won major orders in India, does not get any subsidy in its country, its Indian partner Goldstone Infratech has said, refuting Indian rivals’ claims that they face unfair competition. Additionally, a Goldstone Infratech spokesperson told ET, the company will... Read more
In order to encourage uptake of electric vehicles (EVs), the government will boost the infrastructure for charging these vehicles at its own cost, as private players are disinclined to invest in the business due to poor revenue visibility. In a meeting chaired by AK Bhalla, secretary of the power mi... Read more
The UK joined the India-led International Solar Alliance (ISA) ahead of Prime Minister Narendra Modi's four-day visit to Britain. At an event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM), Britain formally announced its membership of the alli... Read more