Made in UP electric vehicles to be exported to U.S, says Yogi government: Report
2 years ago

Made in UP electric vehicles to be exported to U.S, says Yogi government: Report

Hindustan Times  

The Uttar Pradesh government has said that the electric vehicles manufactured in the state will be exported to other South Asian countries and even United States. Chief minister Yogi Adityanath has told his officials that the auto and electric vehicles in western and central UP have ample resources and just need to be pushed, PTI quoted the government stated. On October 13, the UP government had announced the electric vehicle policy and said the main objective of the policy is to make the state a global hub of the manufacturing of EVs The CM said the move will also generate employment on a large scale. On October 13, the UP government had announced the electric vehicle policy and said the main objective of the policy is to make the state a global hub of the manufacturing of EVs, batteries and other equipment.

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History of this topic

Indian EV market likely to touch Rs 20 lakh crore by 2030, will create THIS many jobs
4 days, 13 hours 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 …

India to expand EV policy for other automakers after Tesla doesn't turn up: Report
3 weeks, 3 days 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 …

Nation poised to hold more than half of global EV fleet by 2025
3 weeks, 3 days ago

Nation poised to hold more than half of global EV fleet by 2025

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-29 08:59 Potential car buyers check out an NEV in Xiangyang, Hubei province. YANG DONG/FOR CHINA DAILY International consulting firm Gartner recently forecast that global electric vehicle ownership would rise significantly to hit 85 million by 2025, with China accounting for over half of the global EV fleet. Experts highlight that as …

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

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says
2 months, 1 week 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 …

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

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI
3 months, 2 weeks 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 …

Indonesia, Chinese firms combine to drive EV growth
4 months, 1 week ago

Indonesia, Chinese firms combine to drive EV growth

China Daily  

By YANG HAN in Hong Kong and LEONARDUS JEGHO in Jakarta Localization push Wang, Wuling's deputy general manager, said the company is also working to localize its supply chain. The company is working with Indonesia's national electricity utility, Perusahaan Listrik Negara, and other partners to build 1,000 public alternating current charging stations across Indonesia. Indonesia and 14 other Asian countries …

Indonesia, Chinese firms combine to drive EV growth
4 months, 1 week ago

Indonesia, Chinese firms combine to drive EV growth

China Daily  

A worker on the production line of the SAIC Motor-CP manufacturing plant in Chonburi, Thailand, on Sept 7. The company is working with Indonesia's national electricity utility, Perusahaan Listrik Negara, and other partners to build 1,000 public alternating current charging stations across Indonesia. A total of 100 direct current charging stations are also expected to be completed this year in …

The way forward for investments in the EV space | Explained
5 months, 1 week 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 …

Biden administration announces $1.7 billion to convert auto facilities for EV manufacturing
5 months, 1 week ago

Biden administration announces $1.7 billion to convert auto facilities for EV manufacturing

CNN  

CNN — The White House on Thursday said it would hand out $1.7 billion to help convert closed-down or at-risk auto manufacturing and assembly facilities to make electric and hybrid vehicles. The funding comes as growth in new electric vehicle sales has slowed, even as the Biden administration wants to keep US EV manufacturers competitive with a surging Chinese industry. …

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
7 months, 1 week ago

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

Associated Press  

TOKYO — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen through fiscal 2031 to deliver EV models around the world, including the U.S. and China. The so-called “0 Series,” a key part of Honda’s EV strategy, will be a totally new EV series created from “zero,” Chief Executive Toshihiro Mibe told …

DC Edit | A smart electric vehicle policy!
9 months ago

DC Edit | A smart electric vehicle policy!

Deccan Chronicle  

After long deliberations, India has finally announced a new electric vehicle policy, which seeks to attract the best of technologies in the world to India. Under the new policy, the government would levy a concessional import duty of 15 per cent on 8,000 completely knocked down units of premium cars priced above $35,000 per year for five years. The conditions …

New e-vehicle policy aims to attract foreign investment
9 months, 1 week 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 …

Union Govt approves electric vehicle policy to make India a EV manufacturing hub
9 months, 1 week 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 …

China expects automobile industry to remain in top gear
11 months ago

China expects automobile industry to remain in top gear

China Daily  

A row of new energy vehicles await shipment from Ganzhou, Jiangxi province, via a rail-sea intermodal transport service, to Rotterdam Port, the Netherlands in September. HU JIANGTAO/FOR CHINA DAILY China is optimistic about the growth momentum of the automobile industry this year and sees its new energy vehicle sales growing 20 percent year-on-year in 2024, said the country's top industry …

Vietnam’s VinFast to build a $2 billion EV plant in India as part of its global expansion
11 months, 2 weeks ago

Vietnam’s VinFast to build a $2 billion EV plant in India as part of its global expansion

Associated Press  

HANOI, Vietnam — Vietnamese automaker VinFast says it plans to spend up to $2 billion to build an electric vehicle factory in India, the world’s third-largest auto market by sales. The factory in southern India’s Tamil Nadu state will be the company’s first foray into India and follows VinFast’s launch of sales in the United States and other major markets. …

Tesla in India: Elon Musk’s EV company set to sign deal to start importing cars, set up $2bn factory
1 year, 1 month ago

Tesla in India: Elon Musk’s EV company set to sign deal to start importing cars, set up $2bn factory

Firstpost  

Tesla is expected to invest about $2 billion initially for its manufacturing plant. Tesla may also explore the possibility of manufacturing its batteries in India It seems that Tesla is set to enter the Indian market in 2024, first through imported cars and then later selling India-made Teslas. India is reportedly on the verge of finalizing an agreement with Tesla …

DC Edit | Make India EV-ready quickly
1 year, 7 months ago

DC Edit | Make India EV-ready quickly

Deccan Chronicle  

The buzz around is unmistakable — electric vehicles are coming and taking over. As the world moves to electricity-powered devices across the spectrum of industry and life, the newly discovered reserves can, as per reported estimates, power a large chunk of the country’s needs. But even as rising fuel prices and environment awareness drives up the demand for electric vehicles, …

New energy vehicles export drive accelerates
1 year, 7 months ago

New energy vehicles export drive accelerates

China Daily  

Workers assemble NEVs for overseas markets at a factory in Ganzhou. ZHU HAIPENG/FOR CHINA DAILY Confidence boost Lang Xuehong, deputy secretary-general of the China Auto Dealers Association, said Chinese auto companies have eight to 10 years to make their mark in the world. "Chinese manufacturers should offer their international customers great products and enable their local dealers to make money …

New energy vehicles export drive accelerates
1 year, 7 months ago

New energy vehicles export drive accelerates

China Daily  

Workers assemble NEVs for overseas markets at a factory in Ganzhou. ZHU HAIPENG/FOR CHINA DAILY Confidence boost Lang Xuehong, deputy secretary-general of the China Auto Dealers Association, said Chinese auto companies have eight to 10 years to make their mark in the world. "Chinese manufacturers should offer their international customers great products and enable their local dealers to make money …

Race of the EVs: Nickel-rich Indonesia plans to become major battery maker, woos Tesla investment
1 year, 10 months ago

Race of the EVs: Nickel-rich Indonesia plans to become major battery maker, woos Tesla investment

Firstpost  

With the largest reserves of nickel among, Indonesia is planning to become a major player in the EV industry, and set up its own battery-production facilities that would boost the local EV-market, as well as set up supply chain channels that would allow them to export batteries to other car manufacturers, in other countries. Despite its sizeable nickel ore reserve, …

Electric Vehicle Expo 2023: Home-grown EVs carve a niche amid swarm of big brand vars
1 year, 10 months ago

Electric Vehicle Expo 2023: Home-grown EVs carve a niche amid swarm of big brand vars

Hindustan Times  

Unique home-grown electric vehicles drew eyeballs even amid a sea of swanky electric and hybrid cars being marketed by global auto giants at the three-day EV Expo 2023. The expo exhibited various types of electric vehicles including two-wheelers, cars, buses, e-rickshaws, cycles, garbage collection vans, as well as vehicles from automobile giants like Mercedes, Jaguar, Audi, Toyota, but it was …

Electric vehicle market likely to cross 1 crore sales mark per annum by 2030: Economic Survey
1 year, 10 months ago

Electric vehicle market likely to cross 1 crore sales mark per annum by 2030: Economic Survey

The Hindu  

India's electric vehicles market is expected to grow to one crore units annual sales by 2030 and create 5 crore direct and indirect jobs, according to the Economic Survey 2022-23. The survey tabled in Parliament on January 31 said that in December 2022, India became the third-largest automobile market, surpassing Japan and Germany in terms of sales. The domestic electric …

Budget Expectations 2023: Will You Hire, Rent Or Buy Electric Vehicle?
1 year, 10 months ago

Budget Expectations 2023: Will You Hire, Rent Or Buy Electric Vehicle?

News 18  

With increasing oil prices, climate change and sustainable living related discussions becoming topics of public discourse, electric mobility is also becoming more than a buzzword. With the focus of the government towards sustainable mobility, Gajendra Jangid, Co- Founder, CARS24 is also expecting a reduction in GST for electric vehicles, as well as support in building the capacity to produce and …

Auto Expo 2023: Home to Many EV Start-Ups, Why Karnataka is Lagging Behind UP, Delhi in Segment
1 year, 11 months ago

Auto Expo 2023: Home to Many EV Start-Ups, Why Karnataka is Lagging Behind UP, Delhi in Segment

News 18  

When it comes to electric vehicles, India has seen massive growth in the last few years. In December 2022, Union Minister for Road Transport & Highways Nitin Gadkari said that over 18 lakh electric vehicles have been registered in the country, with Uttar Pradesh, Delhi, and Maharashtra emerging as the leading states in sales in the segment. While Uttar Pradesh …

Transition of India's entire fleet of two-, three-wheelers to electric needs $285bn financing: World Economic Forum
2 years ago

Transition of India's entire fleet of two-, three-wheelers to electric needs $285bn financing: World Economic Forum

The Hindu  

The complete electrification of India's entire fleet of two- and three-wheelers, the largest in the world, will require financing to the tune of $285 billion, according to a new white paper. Published in collaboration with NITI Aayog, the World Economic Forum paper said the last-mile and urban delivery fleets are leading the adoption of electric two- and three-wheelers in India …

EVs will be as affordable as petrol cars next year: Nitin Gadkari
2 years, 1 month ago

EVs will be as affordable as petrol cars next year: Nitin Gadkari

Live Mint  

Electric vehicles will become as affordable as petrol vehicles next year, Nitin Gadkari has said. The Union Minister of Road, Transport and Highway made the statement at an event on November 1 while declaring government plans on rejigging buses across the country. The minister also said while speaking at the Zee Auto Awards 2022 that the government had plans to …

UP's EV policy eyes ₹30k crore investment and generate over 10 lakh jobs
2 years, 2 months ago

UP's EV policy eyes ₹30k crore investment and generate over 10 lakh jobs

Hindustan Times  

The Yogi Adityanath government in Uttar Pradesh announced the state's new electric vehicle policy in a bid to promote faster adoption of environment-friendly clean mobility solutions. The government said the new electric vehicle policy aims to attract investment of more than ₹30,000 crore and generate employment for over 10 lakh people. The Uttar Pradesh government said the new electric vehicle …

EV adoption: India needs to invest over $10 billion to boost cell manufacturing, says new report
2 years, 2 months ago

EV adoption: India needs to invest over $10 billion to boost cell manufacturing, says new report

India Today  

India needs to invest over USD 10 billion to boost cell manufacturing and raw material refining to serve the local demand for lithium-ion batteries by 2030 and create a million jobs, according to a new report by management consulting firm Arthur D. Little. While EV cells are the most critical part of the electric mobility value chain, the Indian EV …

China plans EV subsidy extension, to target bigger models
2 years, 7 months ago

China plans EV subsidy extension, to target bigger models

Live Mint  

China is in talks with automakers about extending costly subsidies for electric vehicles that were set to expire in 2022. The move by China policymakers comes as the world's second-biggest economy has slowed sharply - and auto sales along with it - after cities led by Shanghai imposed tight COVID-19 lockdowns from March. One specific measure under review would roll …

Tesla can benefit by manufacturing EVs in India: Gadkari
2 years, 7 months ago

Tesla can benefit by manufacturing EVs in India: Gadkari

Live Mint  

Union Minister Nitin Gadkari on Monday said electric vehicle giant Tesla can gain several benefits by manufacturing in India. India has several times turned down a demand of Elon Musk’s Tesla Inc. for tax breaks to import electric cars, saying rules already allow bringing in partially-built vehicles and assembling them locally at a lower levy. Prime Minister Narendra Modi’s administration …

Are Electric Vehicles India’s Future?
2 years, 8 months ago

Are Electric Vehicles India’s Future?

The Hindu  

By 2030, 80% of two and three-wheelers, 40% of buses, and 30 to 70% of cars in India will be electric vehicles, says the NITI Aayog. As the nation gears towards its ‘Zero-emission’ 2070 dream, funds and focus are directed towards electric mobility In March 2022, Minister for Road Transport and Highways, Nitin Gadkari mentioned in the Parliament that between …

Sale of EVs increased since 2020, scenario would change in next 2-3 years, Nitin Gadkari tells RS
2 years, 9 months ago

Sale of EVs increased since 2020, scenario would change in next 2-3 years, Nitin Gadkari tells RS

Firstpost  

Gadkari also said that several startups in the country are also working on alternate battery technologies New Delhi: Union Road Transport Minister Nitin Gadkari on Wednesday informed Rajya Sabha that the sale of electric vehicles have increased since 2020 in the country, and assured that the scenario would change in the next two to three years. The minister, while replying …

Global EV sales surge 109%, China dominates: report
2 years, 9 months ago

Global EV sales surge 109%, China dominates: report

The Hindu  

Global electric vehicle sales, including plug-in hybrid passenger cars, surged 109% in 2021 compared with 2020, according to a report by research firm Canalys. Globally 6.5 million EVs were sold in 2021, and nearly half of all the EVs were sold in mainland China, 2 million more than the previous year’s sales, research firm Canalys estimated. India electric vehicle market …

Global electric car shipments to reach 6 million in 2022, report says
2 years, 10 months ago

Global electric car shipments to reach 6 million in 2022, report says

The Hindu  

The global electric vehicle shipments are expected to grow this year, with electric cars representing most of it, as governments across the world introduce new regulations and incentives to fuel EV sales, according to a report by research and advisory firm Gartner. Worldwide EV shipments are projected to expand 34.4 % to 6.3 million units in 2022, compared with the …

Sales of electric vehicles expected to surge in the NT in 2022 as prices, subsidies tipped to drive uptake
2 years, 11 months ago

Sales of electric vehicles expected to surge in the NT in 2022 as prices, subsidies tipped to drive uptake

ABC  

Top End motoring enthusiasts come together once a month to talk cars and bikes, with coffee and donuts in hand. Key points: There are only 61 electric vehicles registered in the NT Subsidies, lower prices and 4WD models could see sales increase Businesses have begun installing infrastructure to facilitate use of EVs On this clear Sunday — in the car …

Hyundai to launch six pure electric vehicles in India by 2028, to invest Rs 4,000 crore into EV R&D
3 years ago

Hyundai to launch six pure electric vehicles in India by 2028, to invest Rs 4,000 crore into EV R&D

Firstpost  

Over the next six years, Hyundai India will introduce six battery EVs built on modified versions of existing platforms as well as on the E-GMP architecture. In big news for the Indian automotive sector, Hyundai has announced it will invest around Rs 4,000 crore to launch six all-electric vehicles in India by 2028. The first of these six models – …

‘More electric vehicles than conventional ones by 2050’: Nitin Gadkari
3 years, 4 months ago

‘More electric vehicles than conventional ones by 2050’: Nitin Gadkari

Hindustan Times  

By 2050, there will likely be more electric vehicles than conventional ones in India, Union road transport and highways minister Nitin Gadkari said on Tuesday, expecting advances in technology and gains from the government’s efforts to build up a domestic renewable automotive industry to begin paying off. Gadkari said batteries were the most important component of an electric vehicle and …

Let a hundred EV makers vroom
3 years, 4 months ago

Let a hundred EV makers vroom

Live Mint  

That a market open to competition from all sources tends to reward both consumers and producers better than a barred one should have been almost axiomatic by now, thanks to three decades of liberalization and our experience thereof. On Tuesday, Ola Cabs’ founder and chief executive Bhavish Aggarwal opposed a suggestion made by Tesla that we let electric vehicles be …

Gadkari confident India can begin local production of batteries for EVs starting 2022
3 years, 8 months ago

Gadkari confident India can begin local production of batteries for EVs starting 2022

Firstpost  

The government also expects India to take the lead in electric vehicle production in the time to come. At a recent virtual summit, Nitin Gadkari, Minister for Road, Transport & Highways, expressed his confidence in the setting up of local manufacturing units for lithium-ion batteries as used in electric vehicles starting 2022. In his address, Gadkari also intoned that he …

India to become No 1 EV maker in world: Nitin Gadkari
3 years, 8 months ago

India to become No 1 EV maker in world: Nitin Gadkari

The Hindu  

Union minister Nitin Gadkari on Sunday expressed confidence that lithium-ion batteries would be manufactured fully in the country in the next six months and India will become number one electric vehicle maker in the world in due course of time. Addressing the Amazon's Smbhav Summit virtually, Mr. Gadkari further said that the government wants to encourage automakers to introduce flex-fuel …

Growth of EV Sales in India Consistent Since Past Three Years; 1,67,041 Units Sold in 2019-20
3 years, 9 months ago

Growth of EV Sales in India Consistent Since Past Three Years; 1,67,041 Units Sold in 2019-20

News 18  

The adoption of electric vehicle by commuters is on the rise in the country as falling prices and government support is pushing up demand and increasing adoption of these green vehicles. In a written reply to a question on e-vehicles in Lok Sabha on Tuesday, Minister of State for Heavy Industries Arjun Ram Meghwal said that number of registered electric …

Exemption in fees, road tax: Yogi Adityanath gives boost to electric vehicles industry
3 years, 10 months ago

Exemption in fees, road tax: Yogi Adityanath gives boost to electric vehicles industry

Op India  

In a major development, the Uttar Pradesh government under Yogi Adityanath is set to give a boost to the electric vehicles industry in the State. Yogi Adityanath to provide a major boost to the EV industry Speaking on the development, Yogi Adityanath said, “Proposals have been received from various international automobile companies to set up electric vehicles. We will provide …

Budget 2021: Manufacturing, infra and adoption - what Electric Vehicle industry expects from Modi govt
3 years, 10 months ago

Budget 2021: Manufacturing, infra and adoption - what Electric Vehicle industry expects from Modi govt

India TV News  

Prime Minister Narendra Modi wants Indians to adopt electric vehicles and cut dependency on petrol and diesel vehicles. All Eyes on Nirmala Sitharaman's Budget Speech The Union Budget 2021-22 is likely to see major announcements as industry players look for a corpus in setting up EV infrastructure such as charging stations. Chetan Maini, Co-Founder, Vice Chairman at SUN Mobility with …

India Can Become Largest EV Market in World, Reduce Cost to Increase Sales: Nitin Gadkari to OEMs
4 years, 1 month ago

India Can Become Largest EV Market in World, Reduce Cost to Increase Sales: Nitin Gadkari to OEMs

News 18  

Nitin Gadkari, Minister of Road Transport and Highways & MSME, Govt of India, today said that the government is working towards making India a global automobile manufacturing hub in the next five years. Addressing the virtual ‘Electric Mobility Conference 2020’, organized by FICCI Karnataka State Council, Gadkari said, “The future is very bright and India has the potential to become …

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