Watch: The Transition to EVs: Can India Lead the Charge? | Climate Economy
6 days, 18 hours ago

Watch: The Transition to EVs: Can India Lead the Charge? | Climate Economy

The Hindu  

Welcome to the first episode of The Hindu’s Climate Economy! This episode focuses on India’s transport sector, a major contributor to greenhouse gas emissions, and its rapid transition to electric vehicles. Learn about India’s dependency on imported materials like lithium and cobalt, and how the government is addressing supply chain concerns. Join us as we unpack the policies, innovations, and obstacles shaping India’s EV ecosystem, and examine what it means for the future of jobs, industries, and sustain. Presentation: Kunal Shankar Script: Saptaparno Ghosh & Kunal Shankar Camera: Thamodharan B Production: Aniket Singh Chauhan

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History of this topic

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January
3 days, 11 hours ago

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January

Live Mint  

The Indian auto sector has showcased an outstanding performance in 2024. With a record-breaking 26.1 million units sold, marking a 9% year-on-year growth, the sector's resilience and robust demand across various segments have brought it into the limelight. While the sudden revival has piqued interest in the trading and investing community once again, the auto sector's relative strength and its …

EV stakeholders deliberate on development of battery charging and swapping infrastructure
5 days, 22 hours ago

EV stakeholders deliberate on development of battery charging and swapping infrastructure

Deccan Chronicle  

New Delhi: Various stakeholders from the electric vehicle sector on Friday held deliberations with commerce and industry minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure. Officials from department of heavy industries, department for promotion of industry and internal trade and auto majors including Tata, TVS and Mercedes-Benz India among others also participated in …

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025
2 weeks, 2 days ago

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025

Live Mint  

New Delhi, Dec 24 Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced …

India's climate challenge and the rise of a new green economy
2 weeks, 2 days ago

India's climate challenge and the rise of a new green economy

Live Mint  

As the threats posed by climate change escalate, countries are having to navigate the challenge of balancing economic growth with environmental sustainability. While the challenges posed by climate change are daunting, they also present unique opportunities for India to lead the global transition to a green economy. By focusing on renewable energy, sustainable agriculture, urban resilience, and the integration of …

Indian EV market likely to touch Rs 20 lakh crore by 2030, will create THIS many jobs
3 weeks ago

Indian EV market likely to touch Rs 20 lakh crore by 2030, will create THIS many jobs

India TV News  

Union minister Nitin Gadkari today said the Indian electric vehicle market potential is likely to touch Rs 20 lakh crore and it will create around 5 crore jobs across the entire EV ecosystem by 2030. Addressing the '8th Catalyst Conference on Sustainability of E-Vehicle Industry - Evexpo 2024', Gadkari said the estimated electric vehicles finance market size will be around …

2024 in review: India’s race for sustainable survival as climate crisis deepens
3 weeks, 4 days ago

2024 in review: India’s race for sustainable survival as climate crisis deepens

Live Mint  

The year is set to end as the hottest on record, marking the second consecutive year of unprecedented warming after 2023 claimed the same title. Data from the European Union's Copernicus Climate Change Service shows that that average global temperature in nine out of the first 11 months in 2024 was already 1.5°C above pre-industrial levels. The report said 2024 …

Demystifying climate benefits of EV transition in India
1 month ago

Demystifying climate benefits of EV transition in India

Hindustan Times  

Battery-driven electric vehicles hold promise for decarbonising India’s rapidly growing road transport sector. Overlooking the dynamics of the grid electricity supply: Assuming a static national average grid electricity carbon dioxide emission factor disregards the fluctuating nature of India’s electricity supply mix. When factoring in the annual average carbon emission factor of India’s grid electricity at present, the emissions advantage of …

Delhi leads India in EV adoption: FICCI-Yes Bank report
1 month ago

Delhi leads India in EV adoption: FICCI-Yes Bank report

Live Mint  

New Delhi, December 4 : The adoption of electric vehicles in India is surging, with Delhi emerging as the leader in EV penetration, according to a report by FICCI and Yes Bank. The report highlighted that Delhi has achieved an EV penetration rate of 11.5 per cent, driven by its adoption across multiple segments. Additionally, Gujarat, Odisha, Kerala, and Punjab …

India to expand EV policy for other automakers after Tesla doesn't turn up: Report
1 month, 1 week ago

India to expand EV policy for other automakers after Tesla doesn't turn up: Report

Hindustan Times  

The Centre is planning to expand its electric vehicle policy to also include automakers who currently manufacture, instead of just limiting it to ones willing to enter and build new plants, Reuters reported. A view of Tesla logo at an electric vehicle charging station between Los Angeles and Las Vegas in Baker, California, U.S., November 19, 2024 According to the …

Telangana committed to promote electric vehicles: Uttam Reddy
1 month, 2 weeks ago

Telangana committed to promote electric vehicles: Uttam Reddy

The Hindu  

Irrigation Minister N. Uttam Kumar Reddy reaffirmed the Telangana government’s commitment to promoting electric vehicles as part of its strategy to combat the escalating pollution crisis in urban areas. Speaking at the launch of the ‘E-Raja L-5 Segment Electric Auto,’ a ‘Make in India’ product by Rap Eco Motors, at the Administrative Staff College of India, he highlighted the urgent …

India's path to a greener future
1 month, 2 weeks ago

India's path to a greener future

Hindustan Times  

India, as one of the fastest-growing economies in the world, has been at the forefront of the global debate on climate change and sustainability. Under this scheme, businesses will be mandated to limit their emissions or purchase carbon credits from more efficient firms, driving significant sectors like power generation, cement, and steel--responsible for a substantial share of India’s emissions--to participate …

EV sales fall off a cliff in Delhi amid pollution emergency
1 month, 2 weeks ago

EV sales fall off a cliff in Delhi amid pollution emergency

Live Mint  

No incentive, won’t buy. The double whammy arising from a lack of both state and central government support has led to fleet buyers pausing sales in Delhi, which has 8,000 registered electric cabs. Ajay Agarwal, chairperson of Federation of Dealers’ Association of India -Delhi, and owner of TREO Tata, told Mint that the withdrawal of incentives such as registration fee …

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO
1 month, 2 weeks ago

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO

Live Mint  

New Delhi: The Union government is planning to use electric vehicles for its operations, and will urge states to follow suit, Tarun Kapoor, adviser in the Prime Minister's Office said on Tuesday. States will be incentivized to electrify their government fleets through interest-free loans from the Centre, Kapoor told the EV industry at the FICCI National Conference on Electric Vehicles …

COP29 and reducing climate leadership: What India can do
1 month, 3 weeks ago

COP29 and reducing climate leadership: What India can do

Hindustan Times  

The Conference of Parties 29 has seen a lacklustre attendance with heads of State from major emitters including China, United States, South Africa, Germany and Canada not in attendance. India must take a nuanced stance advocating for continued resource transfers from the North to bolster India’s domestic capacity to become a crucial partner in achieving global climate goals. India would …

‘Marathon not a sprint’: Audi India head on EV adoption
1 month, 3 weeks ago

‘Marathon not a sprint’: Audi India head on EV adoption

Live Mint  

The slowdown in electric vehicle sales is temporary and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies. In countries with high EV penetration like Norway and Iceland, strong charging networks and consistent government policies have helped, Dhillon said. Sparse charging network A sparse …

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report
2 months ago

India's climate policies expected to reduce CO2 emissions by around 4 billion tonnes by 2030: Report

The Hindu  

India's current climate policies are projected to reduce carbon dioxide emissions by around four billion tonnes between 2020 and 2030, and drive a 24% reduction in coal-based power generation, according to a new report. The study by Delhi-based independent think tank Council on Energy, Environment and Water said policies for India's power, residential and transport sectors have already saved 440 …

Mapping the Electric Landscape: A Deep Dive into India's EV Growth
2 months, 2 weeks ago

Mapping the Electric Landscape: A Deep Dive into India's EV Growth

Hindustan Times  

India's electric vehicle landscape is undergoing a crucial transition, with the government implementing various initiatives to encourage EV adoption. The focus on incentivising battery electric vehicles (BEVs) and expanding charging infrastructure has provided much-needed momentum. However, there are significant disparities in EV infrastructure across the country, with some states lagging behind. The Delhi EV Policy offers substantial incentives for purchasing …

Electric Tractors: A Sustainable Solution for Modernizing Indian Agriculture
2 months, 3 weeks ago

Electric Tractors: A Sustainable Solution for Modernizing Indian Agriculture

News 18  

The article highlights the transformative potential of electric tractors in India's agricultural sector. By reducing carbon emissions and noise pollution, electric tractors align with India's clean energy and sustainability goals. The article emphasizes the economic benefits of electric tractors, including lower fuel costs, maintenance expenses, and precision farming capabilities. However, challenges such as limited infrastructure for charging and initial purchase …

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says
2 months, 3 weeks ago

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Bridging the Gender Gap in India's Green Revolution: A Focus on Women's Empowerment
2 months, 3 weeks ago

Bridging the Gender Gap in India's Green Revolution: A Focus on Women's Empowerment

Firstpost  

The article highlights the critical need to address the gender gap in India's green energy and electric vehicle (EV) sectors. It emphasizes that increasing women's participation is not only a matter of social equity but also an economic imperative for driving innovation and growth in these critical industries. The government's focus on increasing women's workforce participation through skill development, financial …

Acceptability of new energy vehicles set to rise by end of decade: Survey
3 months, 2 weeks ago

Acceptability of new energy vehicles set to rise by end of decade: Survey

New Indian Express  

NEW DELHI: Majority of new car buyers, who participated in a study, were ready to accept new energy vehicles as the only option when considering a purchase by 2030, according to a survey. Around 83 per cent of the 1,000 prospective Indian buyers covered in the global survey said they will consider buying an NEV by the end of this …

A climate crisis agenda remains urgent
3 months, 3 weeks ago

A climate crisis agenda remains urgent

The Hindu  

The next five years are critical for India’s climate action efforts, given its ambitious 2030 targets. Key environmental issues that need urgent attention include reducing heat stress, improving air quality, managing waste, and enhancing energy efficiency. Encouraging businesses to view climate action as an opportunity rather than a challenge is essential, and acting swiftly on India’s carbon market is a …

EVs to reach cost parity with ICE in 2 years: Gadkari
3 months, 4 weeks ago

EVs to reach cost parity with ICE in 2 years: Gadkari

The Hindu  

With falling lithium-ion battery prices, electric vehicles can now maintain cost without subsidies but it is for the Finance and Heavy Industries Ministries to decide if incentives need to be given to electric vehicles, Union Minister Nitin Gadkari said on Monday. Speaking at the annual session of Automotive Components Manufacturers Association at New Delhi, Mr. Gadkari, the Minister for Road …

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI
4 months ago

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI

The Hindu  

The government should allow the domestic electric vehicle sector to grow naturally without relying on incentives as it would avoid India becoming an 'EV colony' for China, think tank GTRI said on Friday. By allowing market forces to steer the sector's growth, India can avoid becoming an 'EV colony' for China and carve out its own path in the global …

GTRI flags concern against India of becoming 'EV colony' for China
4 months ago

GTRI flags concern against India of becoming 'EV colony' for China

Business Standard  

The government should allow the domestic electric vehicle sector to grow naturally without relying on incentives as it would avoid India becoming an 'EV colony' for China, think tank GTRI said on Friday. It also said the global EV market is undergoing a seismic shift, driven by the US, EU, and Canada imposing high tariffs and restrictions on imports of …

Establishing a carbon market
4 months, 1 week ago

Establishing a carbon market

The Hindu  

In her Budget speech, the Finance Minister signalled that polluting industries, such as iron, steel, and aluminium, will have to conform to emission targets. PAT versus emissions trading The Bureau of Energy Efficiency defines PAT as a “regulatory instrument to reduce specific energy consumption in energy-intensive industries, with an associated market based-mechanism to enhance the cost effectiveness through certification of …

Mint Sustainability Summit: EV adoption in India faces inadequate charging facilities, emergence of alternative fuels
4 months, 1 week ago

Mint Sustainability Summit: EV adoption in India faces inadequate charging facilities, emergence of alternative fuels

Live Mint  

New Delhi: The slow adoption of electric vehicles in India stems from the incessant need to find alternative fuels and the lack of adequate charging infrastructure in the country, according to industry leaders who spoke at the Mint Sustainability Summit 2024 on Tuesday. Subsidies not the answer However, Aanchal Jain, CEO of PMI Electro Mobility Solutions, a global technology company …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
4 months, 3 weeks ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Climate debate: Criticism of the Economic Survey misses the forest for the trees
4 months, 4 weeks ago

Climate debate: Criticism of the Economic Survey misses the forest for the trees

Live Mint  

Edward Said recounted how, when he critiqued Western scholars for biased depictions of the East, a prominent scholar dismissed his arguments by attacking his credibility rather than engaging with their substance. On 6 August, an oped in Mint argued that India’s Economic Survey “has wide gaps and odd arguments" on climate change. First, the charge that the survey adopts a …

Powering India’s future
5 months ago

Powering India’s future

The Hindu  

In her seventh consecutive Budget speech, the Finance Minister announced measures indicating India’s commitment to its clean energy transition. Despite past efforts to add renewable capacity, its share in India’s power generation mix is just 13%. Previous power supply shortages and expectations of rising energy demand have driven policymakers to bet on new coal capacity. Instead, we must strive to …

Invest in India’s Future: Groww Unveils Auto EV Index NFO Amidst India’s EV Boom
5 months, 1 week ago

Invest in India’s Future: Groww Unveils Auto EV Index NFO Amidst India’s EV Boom

Live Mint  

In June, equity mutual funds inflows stood at a record ₹40,608 crore, while SIPs hit ₹21,262 crore. Given the growing trend of sector-based investing, Groww Mutual Fund has launched the Groww Nifty EV & New Age Automotive ETF FOF. Groww Nifty EV & New Age Automotive ETF FOF invests in the EV sector through other mutual funds that invest in …

Unheeded priorities of climate action
5 months, 3 weeks ago

Unheeded priorities of climate action

New Indian Express  

The rising accumulation of greenhouse gases in the atmosphere is threatening a potentially catastrophic change in the living and working conditions of humanity. Controlling the addition of carbon dioxide, methane and other greenhouse gases into the layer requires cooperation at the global level and a fair distribution of mitigation actions. At present, what we have is the Paris agreement in …

Union Budget 2024 Expectations: Keep increasing road-infra spending, frame policies to promote electrification
5 months, 4 weeks ago

Union Budget 2024 Expectations: Keep increasing road-infra spending, frame policies to promote electrification

The Hindu  

The growth of the automotive industry in India has happened because of the excellent road infrastructure which has been created during the last couple of years. This time from the Union Budget we would expect not only continuity in infrastructure spending but also increased spending on road infrastructure because there exists a lot of head-room for improvement for the industry …

The way forward for investments in the EV space | Explained
5 months, 4 weeks ago

The way forward for investments in the EV space | Explained

The Hindu  

The story so far: According to media reports, the government is looking to expand the scope of its electric vehicle policy, announced in March, to include a retrospective effect. The policy announced in March aimed to provide Indian consumers with access to the latest technology and strengthen the EV ecosystem by encouraging healthy competition among EV players by attaining higher …

Should EVs and Hybrids be treated equally for government subsidies? | The Hindu parley podcast
6 months, 2 weeks ago

Should EVs and Hybrids be treated equally for government subsidies? | The Hindu parley podcast

The Hindu  

India’s road transport sector contributes about 12% to the country’s CO2 emissions, according to the International Energy Agency, making it the third most greenhouse gas emitting sector after energy and agriculture. The Union government has been attempting to fast track decarbonising transport for almost a decade with the introduction of the Faster Adoption and Manufacture of Hybrid and Electric Vehicles, …

Electric heavy-duty vehicles unlock pathway for significant reduction of GHGs in India, study finds
7 months, 1 week ago

Electric heavy-duty vehicles unlock pathway for significant reduction of GHGs in India, study finds

Hindustan Times  

The increased adoption of electric vehicles across two, three, and four-wheeler segments in India, driven by government schemes, is transforming the country's transportation sector. GHG emissions reduction scenario for HDVs by 2030 The ICCT study modelled future changes in India’s electricity grid using projections from the International Energy Agency scenarios. Meanwhile, for the categorisation under powertrain and fuel type, in …

Are technological advancements accelerating electric mobility in India?
8 months ago

Are technological advancements accelerating electric mobility in India?

Hindustan Times  

Right from the time we wake up to alarm notifications and track our daily number of steps through smartwatches to mapping traffic and making online purchases, technology has significantly impacted our lives. With the sustainability trend gaining prominence, technological advancements are making significant strides in accelerating electric mobility in India. We foresee tech trends like the emergence of contactless parking …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months, 3 weeks ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report
8 months, 4 weeks ago

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report

India Today  

The Tamil Nadu government is set to aggressively market the state as a potential manufacturing site for global electric vehicles giant Tesla ahead of Elon Musk’s visit to India, reported Bloomberg News. Tamil Nadu’s Minister for Industries, Investment Promotion & Commerce TRB Rajaa told the publication that the state “will be pitching for all opportunities of electric vehicle manufacturing from …

Climate litigation gets shot in the arm, climate justice is not far behind in India
8 months, 4 weeks ago

Climate litigation gets shot in the arm, climate justice is not far behind in India

Hindustan Times  

The seeds of climate justice that were sown a few years ago in several milestone judgments by the apex court, have now perhaps given rise to its first significant shoot in the form of the judgment delivered earlier this week in the now famous Great Indian Bustard case. While the apex court has to be lauded for fortifying and expanding …

Hybrid cars can act as a bridge to carbon-free mobility
9 months, 1 week ago

Hybrid cars can act as a bridge to carbon-free mobility

Live Mint  

For all the policy promotion of electric vehicles, their sales figures in India have been a disappointment as far as four-wheelers go. This may explain why transport minister Nitin Gadkari has sent a proposal to the finance ministry, as reported, to place hybrids in the same 5% GST bracket as EVs. It may be time, however, to incentivize hybrids too …

Tesla: Red carpet welcome in India?
9 months, 3 weeks ago

Tesla: Red carpet welcome in India?

Live Mint  

India has announced a policy for electric vehicles that lowers the import duty for foreign-made EVs brought in by overseas auto majors. They’ll be allowed to import annually up to 8,000 EVs valued at $35,000 or more at a reduced import duty of 15% for five years, provided they invest at least $500 million in local manufacturing over the next …

New e-vehicle policy aims to attract foreign investment
9 months, 3 weeks ago

New e-vehicle policy aims to attract foreign investment

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. Issuing an official statement, the ministry of commerce & industry said that the companies setting up manufacturing facilities for e-vehicles would be allowed to import a limited number of cars at lower …

India Approves EV Policy to Attract Global Players
9 months, 3 weeks ago

India Approves EV Policy to Attract Global Players

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. As per the policy, a company will get three years for setting up manufacturing facilities in India and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition …

Union Govt approves electric vehicle policy to make India a EV manufacturing hub
9 months, 3 weeks ago

Union Govt approves electric vehicle policy to make India a EV manufacturing hub

Op India  

In a move towards bolstering India’s position as a manufacturing powerhouse for electric vehicles, the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology. The overarching objective of the newly approved E-Vehicle Policy is to facilitate the manufacturing of EVs in India, thereby providing …

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?
9 months, 3 weeks ago

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?

Hindustan Times  

Centre on Friday approved a new policy for electric vehicles which offers duty concessions on imported cars to companies that invest at least USD 500 million to set up manufacturing units in India. Over recent months, Tesla representatives visited India frequently, and CEO Elon Musk even met Prime Minister Narendra Modi last year. 'No special treatment to Tesla' Recently, commerce …

India's EV import tax reduction policy signals victory for Tesla and global automakers
9 months, 3 weeks ago

India's EV import tax reduction policy signals victory for Tesla and global automakers

India TV News  

India announced plans to reduce import taxes on specific electric vehicles, contingent on companies investing a minimum of $500 million and establishing a manufacturing plant within three years, signalling a significant policy pivot. Beyond Tesla While Tesla stood to benefit significantly from the policy, it also paved the way for other global automakers to tap into India's automotive market, the …

The proliferation of EVs could make decarbonization harder to achieve
9 months, 3 weeks ago

The proliferation of EVs could make decarbonization harder to achieve

Live Mint  

India’s electricity consumption is growing at nearly 9% per year, faster than real gross domestic product. Adding complexity to the challenge of sustaining high urban-oriented GDP growth while lowering carbon intensity is the ambition to turn mobility electric. One is the quantum of electricity units needed to charge EV batteries and the other is the increased wherewithal required across generators, …

‘Karnataka aims to become a USD 1 trillion economy by 2032’: Minister MB Patil
10 months ago

‘Karnataka aims to become a USD 1 trillion economy by 2032’: Minister MB Patil

Hindustan Times  

Karnataka Large and Medium Industries Minister MB Patil said on Monday that the state aims to become a USD one trillion economy by 2032, by growing at a sustained rate of 18 per cent. He was addressing delegates from over 30 countries at the 54th World Trade Centres Association Global Business Forum, being hosted for the first time in Karnataka …

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