Indian Government has clearly showed his genuine interest in
promoting Electrical Vehicle Industry by announcing a handful lucrative
incentives in Union Budget for EVs.
Some attractive Discount and exemption benefits for buying
EVs and reduction tax benefits on goods and services have been introduced in
the budget to attract customers and investors towards EVs industry to cut the
cost of high-cost oil imports and unchecked pollution in many cities.
An investment of ₹10,000 crore has already been made in the second phase of the FAME 2 scheme(Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) that started on 1 April, 2019. The NITI-Ayog has come up with a proposal to put a ban on the uses of internal combustion engine and three-wheelers in coming years. However, An appropriate EV ecosystem is still needed to be set up.
2. Electronic City
gets a taste of Yulu Miracle
Yulu Miracle, the super-powered, noiseless, light weighted ,
moderate-speed, lithium-ion-run electric scooter which was launched in February
this year by InMobi has been now introduced in Electronic City in Bengaluru.
Mumbai and Pune are being considered to be its next targets.
Yulu, a bicycle-sharing platform with its 8,500 bicycles
running successfully in Navi Mumbai, Bengaluru and Bhubaneshwar was launched in
2017 to combat the congestion created by vehicles. With its new addition Yulu
Miracle, a whooping invested amount of $7 Mn by other companies and a
partnership with the brand Uber Yulu is all set to promote the micro-mobility
services of its e-bikes.
With the gaining popularity of electric mobility services
various companies like it has now been put in the top priorities list in India.
3. Electric Cars is
still not an option for Honda
Honda Cars India has planned to delay its introduction of
electric cars and instead focus on hybrid cars in India owing to the fact of
insufficient charging structures in the country.
The company plans to launch a range of hybrid cars in the
coming five years with the City being believed to be the first of them and Jazz
the next. Accord, the only hybrid car of Honda running in India has failed to
impress the market due to its exorbitant rate. On the other hand, Maruti
Suzuki, the biggest manufacturer of cars in India and Mahindra & Mahindra
have gained their positions in hybrid market with their mild hybrid models
using the Regenerative Braking Technology.
With India just having started working on the issue of lack
of electric charging stations the country is at the threshold of making pure
electric cars an overall gain for all.
4. Electric Vehicles
to fight Air Pollution in the capital city of Jakarta
With the threats of air pollution , entry of innumerable
vehicles on road and burning of land breathing on the shoulder ,the capital
city of Indonesia Jakarta has started testing electric buses through
Transjakarta ,World’s largest bus rapid transit system. Transjakarta has joined
hands with China’s BYD, PT Mobil Anak Bangsa , RAC Electri Vehicles and Danfoss
to manufacture eco-friendly buses .
UN Environment has lent its support toTransjakarta in this
mission to make the capital city Pollution free by providing technical advice
on various matters. With a horrified number of deaths every year caused by air
pollution in Asia and the Pacific countries UN Environment believes Electric
Mobility to one of the many solutions that can combat air pollution in the
5. LYFT Opens the
Door for Free Charging for Electric Cars
LYFT, renowned ride-hailng service of Portland is promoting
the electric vehicles among the ride-sharing drivers by offering free electric
charging for them.
This service will be available for the drivers of plug-in
hybrid or fully electric vehicles at all 5 charging stations of Portland
General Electric across Portland without any charge. Lyft earlier has applied
“green mode” in its service which enables the riders to opt for an electric or
hybrid car for pick-ups in Portland and Seattle.
The main purpose for all these initiatives is to shift
ride-sharing system to electric mobility service.
6. GST Reduction on
EVs Car Manufactures Of India are All Set To Launch Their New EV Models
India has embarked on a new phase with Electric vehicles as
world’s top most car manufacturers along with the Indian car makers are showing
interest to venture into the electric vehicles (EVs) in the country. Some
lucrative plans like the reduction of GST on EVs by 7% and tax rebate of Rs.
1.5 lakhs on car loan interest for EVs have been introduced.
Some Electric cars will be available in the market in 2019.
They are Hyundai Kona by Hyundai Motor India Ltd., MG eZS by MG Motor India,
Revolt RV400 by Revolt Motors, Mahindra Ekuv100 by Mahindra, Maruti Wagon R EV
by Maruti Suzuki and Nissan Leaf by Nissan India.
7. Volkswagon’s ID
R’s Record-breaking History
Volkswagon is the proud owner of its IDR all-electric race
car as it has broken the record of Goodwood Festival of Speed at the hill climb
two times in 2 days time.
Volkswagon’s ID R has been flying high l;lately after
breaking records at Nurburgring-Nordschleife and Pikes Peak earlier and at hill
climbs now by beating the records set by vehicles like Nio electric model and
The flamboyant race care recently underwent a change with a
smaller battery, optimization of power output meant for short sprint and a
newly designed system for drag reduction. Volkswagon has been proudly boasting
its electric cars based on its ID concept for the last few years. Now the
company is gearing up for the production of ID.3. with an aim of selling
100,000 models every year.
8. Car manufacturers
to add artificial noise to their Electric Vehicles
Electric and hybrid vehicles which are considered to be the
solution for air pollution is now being believed to be the source of some other
These noiseless vehicles may be a life-threatening factor
for the blind people or the ones who are visually impaired. All the hybrid and
electric vehicles have been instructed to produce an AVAS (Accoustic Vehicle
Alerting System) like that of ICEs. The European Parliament already passed this
measure in 2014 and it has come to an end now. New regulation will be
applicable to all new hybrid and electric vehicles from July 2021.
The UK’S Royal National Institute of Blind People and Guide
Dogs have appreciated this initiative and some car manufacturers namely Toyota
and BMW are already working on the sound system of their electric vehicles.
9. Norway the leading
country in selling Electric Cars
Norway Road Federation reported a sale of 48.4% of Electric
cars in the country within the first six months of 2019 putting the country at
the top of the list of Electric Vehicle Seller.
It is surprising to learn that Norway being an oil-producing
country aims to trim sales of fuel engines by 2025. The Norway Government has
put policies like rewards for vehicles that are not the cause of greenhouse
emitting and exemption on cars run by battery to encourage citizens to move to
The popular car manufacturer Telsa is leaving behind Nissan,
BMW and Hyundai in selling EVs in the first and second quarter of 2019 and
announced to retain their position even in the third quarter.
10. Hero MotorCorp
all set to go all electrical with Multiple Electric Vehicle Projects in its
Pawan Munjal, the Chairman of Hero MotorCorp has confirmed
working on several Electric Vehicle (ev) Projects at Centre of Innovation &
Technology , the R &D centre of Hero Motorcorp in Jaipur.
Recent announcement of Government’s ban on the manufacturing
of two wheelers with sub-1500cc by 2025 with the replacement of electric
two-wheelers has put leading automakers namely TVS, Honda and, Suzuki to hasten
their progress on electric vehicles.
Hero Motorcorp is expected to manufacture various models of
scooters and bikes with advanced features in the 2020 Auto Expo. With an
investment in Ather Energy the company is said to build the foundation for the
electric segment and premium products.
11. Improved solar
power cells for electric cars is being tested by Toyota
Toyota , one of the leading manufacturers of cars in the
world is reported to be testing the prototype cells powered by solar power
which was launched by the joint collaboration of Japanese multi-national
company Sharp and Japanese national research company NEDO and used earlier in
Toyota’s Prius PHV.
With a power to convert solar energy at 34 % and above this
cells are believed to provide up to 27.7 miles of extra range everyday while
being parked and 35 miles of energy to the driving system and the AC batteries
of the vehicles. The system is said to run even when the cars are on the road.
This new vehicle powered by solar energy is expected to go
on trials in Japan at the end of July this year with an aim to use the
experiment and experience to promote the use of solar power generation
technology to a number of vehicles.
12. India’s first
Electrical Vehicle Highway Corridors coming at National Highway and Yamuna
Yamuna Expressway between Delhi and Agra and the National
Highway Delhi and Jaipur Highways may witness India’s first electric vehicle
highway corridors by 2020.
These electric corridors proposed by EODB(Ease of Doing
Business Programme ) and ASSAR ( Advanced Services for Social and
Administrative Reforms) is believed to be spreading over 500 km with 10
charging stations between Delhi-Jaipur and 8 between-Delhi-Agra near ear the
toll plazas according to Abhijeet Sinha, the National Programme Director of
EODB) Programmed Director for NHEV(national Highway for Electric Vehicles) . He
stated that proposal for six more charging stations between Pari Chowk in
Greater Noida and Delhi has been placed. He added that government has an aim to
have 25 % running electric vehicles out of total vehicles on road and this has
led to the set up of proper electric vehicle charging stations all over the
13. Norway leading in
EVs Industry in the World
With a mission to put an end to the sales of fossil-fuelled
cars by 2025, Norway has successfully managed to sell a number of electric
vehicles which is said to be 60 % of the total number of new cars.
The new Nissan Leaf, Volkswagen Golf and Tesla Model 3 Volkswagen
Golf being in demand many citizens of Norway find themselves in the long
waiting list. However, the number of EVs on the roads of this country is still
higher than that of other countries. The country has also taken a lead in the
battery technology for shifts. Despite being a major oil producing country, the
government of Norway has invested in electric vehicle industry and has offered
many beneficial incentives for the owners of EVs. This received a mixed
reaction from its citizens.
Due to the rising demand for electricity in the urban areas
industry group Power Circle advises the owners of the EVs to charge their
vehicles at fixed time of the day.
14. Kerala plans to
unveil 1 million electric vehicles under the state EV plan
Besides this the state will also invest on setting up
electric vehicle charging infrastructure and apply appropriate technology to
make the plan successful. KAL (Kerala Automobile Limited)owned by Kerala
government is expected to produce 8000 electronic autos per year . KARL has
also joined hands with Swiss electronic bus maker HESS to manufacture 3000
Amitabh Kant, the CEO OF Niti Ayog has supported the
initiative taken by Kerala and according to him the state is going to get
advantages of e-mobility exemptions and subsidies from his side. However, he
has insisted the state to manufacture all the items required for e-mobility
instead of importing them from other countries.
Plan of Setting up E-mobility zones in various tourist
destinations is also being considered by the Government.
Kerala is not new in promoting eco-friendly transportation
as India’s first LNG bus and solar boat were launched by Kerala only.
15. Shocking downfall
of China in the sales of electric vehicles
According to a data by China Association of Automobile
Manufacturers, China’s Annual sales rate for NEVS (New Energey Vehicles ) have
dropped down from 126 to 2% this year. The government has come up with a number
of policies to the sales of NEVs.
The NATIONAL Development and Reform Commission who plans the
state economy for the country has promised to remove the limits on purchase on
NEVs. Cities like Guangzhou and Shenszhen have declared to increase the
reservation for purchasing all vehicles.
The country has invested an amount of $60 billion in
subsidies and others to develop the world’s biggest electric car market. A plan
to cut the subsidies will result in the increase of the price rate by the car
manufacturers and that will further effect the sales.
16. DIDI joins hands
with Hainan State Firms to set up Joint Venture of Electric Vehicles in China
Didi, the super famous Chinese mobile transportation service
has joined hands with two state enterprises in China’s Hainan Province to form
a joint collaboration of electric vehicle services.
With a subsidiary of China Southern Power Grid and
investment by HAINAN Government the joint venture will be into the action of
leasing and selling electric vehicles and setting up charging stations. With a
plan to put a ban on sales of fossils-fuelled vehicles to be accomplished by
2020 Hainan aims to be a trailblazer in the sales and manufacturing of electric
DIDI has insisted on a transportation business based on data
analytics in the industry of new-energy vehicles.
17. Petrol pumps to
turn into electric charging station for EVs in India
India is planning to build a foundation of charging stations
for electric vehicles (EVs) and taken the petrol pumps under India’s Electric
Vehicle(EV) Plan to make them charging points for EVs.
With auto lobby being reluctant to accept the terms of
Transition to EVs in coming years the government’s measure to drop the sales of
two and three-wheeler by limiting their it to highly polluted metro cities has
been termed as “ unrealistic “ by the vehicles industry.
With more than 60,000 petrol pumps which are either
state-owned or private limited companies the industry sees a strong prospect of
setting up charging stations across India. Government’s aim to build a
frame-work for electric vehicles along with their batteries has encouraged a
Cabinet Proposal of Giga-scale” battery making facilities by the government
think tank Niti Ayog.
18. Ola Electric,
spinout of Ola raises $250 million
The SoftBank Vision Fund has reportedly invested a whooping
amount of $250 mn in Ola Electric, the cab-hailing firm’s electric vehicle unit
making it a firm valued at $1 billion with a total raised amount of $300 mn
Like Ola who believes that its electric vehicle start-up
will zoom its core business ride-hailing Uber who has also raised money for its
effort in self-driving also believes that self-driving will help to control its
core business. Capital being the driving force of the ride-hailing start-ups
some firms are opting for other ways to fund their non-core initiatives.