OEMs will have to incur significant capex to meet the government’s Electric Vehicles (EV) Vision – goal of 30 percent penetration for EVs by 2030, which is likely to be delayed due to the current weak business environment, according to Brickworks Analytics.
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The latest report predicts a 25 to 35 percent penetration of EVs in two-wheeler segment, and 65 to 75 per cent in 3Ws by 2030, followed by passenger cars and buses. It also calls for a collaborative work towards an integrated policy, creating a conducive ecosystem for India’s electric mobility vision.
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IESA’s global conference emphasized upon the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make local capacities for energy storage in India.
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The webinar organised by Guidance Tamil Nadu and YES BANK deliberated on the potentials and challenges that lie ahead of the Indian EV industry in developing a holistic manufacturing ecosystem to propel future growth and investments in electric vehicles.
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The report titled “Accelerating the EVolution” reveals that, on average for consumers in India, a price point of INR 23,00,000 (or $31,000), a charge time of 35 minutes and a range of 401 kilometers (from a single charge) represent the ‘tipping points’ to achieve mainstream EV adoption.
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A latest briefing from ICCT assesses the U.S. electric vehicle market in 2019 and the policy actions by cities, states, and electric power utilities that were driving it.
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EV Tech News’s first -in-series LIVE webinar panel brought experts from the electric vehicle industry to deliberate on state of affairs of EV adoption in India, including new opportunities and challenges out of the ongoing pandemic, and things to be done put the EV transition back on track.
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Germany is leading the trend in Europe with 182 percent more new electric vehicle registrations in July as against last year. Analysts’ forecast e-car sales to increase 60 percent in the continent and 20 percent worldwide in 2020 full year.
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There is a resurgence of interest in what is termed active travel (outdoor transport modes), including electric scooters, with the rental sector picked for year-long trials in the UK, according to GlobalData, a leading data and analytics company.
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IEA’s report features the case study on Kolkata e-buses that highlights the importance of electrifying public transport in reducing local emissions
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