The cost of the My Ami Buggy ranges from  around 7 lakhs to 9.30 lakhs

 My Ami Buggy by Citroen got sold out in 10 hours

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<a href="www.citroen.in" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Citroen</a> recently launched reservations for the My Ami Buggy <a href="www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">EV</a> in a few locations, and the ferocious demand caused all of the units made available to be snapped up in a flash. But this is far from the first occasion that this has happened. In the past, the maker sold the model in France, Belgium, and Spain, and each time, all of the units that were on hand were almost immediately snapped up. At the moment, buyers may acquire the Citroen My Ami Buggy in nations including France, Italy, Spain, Belgium, Portugal, the UK, Luxembourg, and Greece. The EV will also travel to Turkey and Morocco for new manufacture. But just a few hundred units are released from each batch of production. Even if the numbers are restricted, the response each time a purchase window is opened is very astounding. But a deeper examination of the My Ami Buggy could indicate the causes. The cost of the My Ami Buggy ranges from 7,790 euros to 10,450 euros (or around 7 lakhs to 9.30 lakhs). The price range alone makes it a very profitable choice. But there are lots to choose from in addition to prices. An ultra-compact car with a left-hand drive option makes this micro EV more amazing. It features a 75 km range on a single charge and a 5.4 kWh battery pack. Additionally, it has a rather low peak speed of 45 kmph. These figures might not seem all that amazing but keep in mind that the vehicle was positioned for large cities where many people depend on speedy transportation. As a result, EVs are not allowed on highways or motorways. At present, there is no indication that Citroen India is considering the model for our shores. This is despite the fact that micro and small EVs like MG Comet and Tiago EVs have been launched here.

 An ultra-compact car with a left-hand drive option makes this micro EV more amazing

The cost of the My Ami Buggy ranges from around 7 lakhs to 9.30 lakhs

Prashant

The new electric vehicle subsidy policy, unveiled on Sept. 11 by the Union Cabinet will reduce electric two-wheeler prices by up to Rs 10,000 per unit, according to HD Kumaraswamy, the Union Minister for Heavy Industries.&nbsp; The subsidies for electric two-wheelers are Rs 5,000 per kWh for up to Rs 10,000 per unit in the first year, and Rs 2,500 per kWh for up to Rs 10,000 per unit in the second year, according to Kumar. The minister underlined that no decision had been made on the magnitude of subsidies for electric buses. The program, known as PM Electric Drive Revolution in Innovative Vehicle Enhancement, or PM E-Drive, is yet another attempt to accelerate the adoption of electric mobility in the world's third-biggest automobile sector. Under the scheme, 24.79 lakh electric two-wheelers, 3.16 lakh electric three-wheelers and 14,028 electric buses would be subsidized with an all-over investment of Rs 10,900 crore in two years. However, the scheme does not cover electric and hybrid automobiles. According to Kumaraswamy, the goal of the policy is to attain 10% EV penetration in the two-wheeler area and 15% EV penetration in the three-wheeler space by the end of this plan. He further remarked that about 40% of the scheme's total budget, or Rs 4,391 crore, had been set aside for electric buses. This is followed by an investment of Rs 1,772 crore in electric two-wheelers and Rs 907 crore in electric three-wheelers, he stated.&nbsp;

The subsidies for electric two-wheelers are Rs 5,000 per kWh for up to Rs 10,000 per unit in the first year, and Rs 2,500 per kWh for up to Rs 10,000 per unit in the second year.

Pm E-Drive scheme

Electric 2 wheelers prices to go down by Rs 10,000: Pm E-Drive scheme

Prior to the company’s annual event Sankalp 2024, Ola Electric on Wednesday announced a limited-time offer worth ₹ 25,000 for the Ola S1 electric scooters. On the theme of Independence Day, the limited-time offer under the title of “Ride The Freedom” will remain live up to 20th August.&nbsp;Under the offer, Ola Electric’s S1 Pro, S1X 3 kWh and S1X 4kWh will observe ₹2500 price reduction. The new limited-time period ex-showroom price of the S1 Pro will be&nbsp;₹131,499, whereas, the S1X 3 kWh and S1X 4kWh will cost&nbsp;₹83,499 and ₹97,499 respectively. In addition, subject to terms and conditions, the company has also announced a bonus of ₹12,000 on the exchange of the user's old petrol scooter.&nbsp; Moreover, users can also enjoy ₹5,000 off on credit card EMIs of some selected banks. To make the offer more comprehensive, the company is also providing a maximum of ₹5,500 off on accessories and Ola Care+. The offer came just before when the company is expected to unveil its long-awaited electric bike on the occasion of Independence Day.&nbsp;

The new limited-time period ex-showroom price of the S1 Pro will be  ₹131,499, whereas, the S1X 3 kWh and S1X 4kWh will cost  ₹83,499 and ₹97,499 respectively.

Ola “Ride the Freedom” Sale

Ola “Ride the Freedom” Sale: Enjoy offers worth Rs 25000

Centre is currently not considering any recommendations to increase the subsidy per electric vehicle (EV) because EV sales are not slowing down, Union Minister for Heavy Industries HD Kumaraswamy told the Parliament on Friday during question hour. Additionally, Kumaraswamy stated that there are no immediate plans to change the criteria of the automobile industry's production-linked incentive (PLI) scheme. The minister further informed the Parliament that as of July 31, 2024, claims for 16,71,606 EVs totalling ₹6,825 crore had been filed by the OEMs under the second phase of the FAME India Scheme for repayment of subsidies. Additionally, under the FAME-II Scheme, 6862 electric buses were approved for intra-city operations by various cities, STUs, and State Government organisations. As of July 31, 2024, 4,853 e-buses from a total of 6,862 have been delivered, Kumaraswamy said. The interim electric vehicle program the Electric Mobility Promotion Scheme (EMPS) was recently extended for an additional two months by the Ministry of Heavy Industries. The EMPS was introduced on April 1, 2024, with ₹500 crore budget to absorb the shock created by the conclusion of the FAME-2 subsidy. Since the FAME II scheme expired in March and the new FAME scheme could not be unveiled until after the elections, the EMPS was originally only supposed to last for four months. With a ₹10,000 crore budget, the government has created a draft plan for FAME III; however, reports indicate that the scheme's finalisation may take longer, CNBC TV 18 reported

MHI: Centre has no immediate plans to change the criteria of the production-linked incentive (PLI) scheme or increase the subsidy on EVs.

No increase in EV subsidy as EV sales continue to grow

No increase in EV subsidy as EV sales continue to grow: MHI to parliament

With a notable increase in <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle (EV)</a> sales, Delhi, a city well-known for its high vehicle population, is moving in the right direction towards a greener future. In December of this year, the nation's capital reached a first: over twenty per cent of all sales were electric vehicles. This number solidifies Delhi's position as the nation's EV capital and also marks the greatest monthly sales of EVs ever recorded in India. On social media, Transport Minister Kailash Gahlot praised the year's accomplishments, pointing out that 73,610 of the 6.57 lakh registered vehicles in 2023 were electric, accounting for more than 11% of total sales. Delhi's trend towards electric mobility is unquestionably improving, with March and May coming in second and third, respectively, in terms of EV sales. The Delhi government has extended its EV Policy, which was originally scheduled to expire at the end of 2023, by three months in response to this rising trend. With a target of 25% of all new vehicle registrations by the end of this year, the planned Delhi EV Policy 2.0, which is presently in the final stages of development, promises to be more comprehensive and aims to further promote the adoption of electric vehicles.&nbsp; One important feature of the new EV policy is its support of retrofitting older vehicles with electric systems, among its many other incentives. Acknowledging the financial obstacle, the government is willing to provide financial aid to increase the accessibility of this choice. It is anticipated that this project would greatly lower the city's pollution levels, especially when combined with the fleet of electric buses and commercial vehicles that are now in service.

 With a target of 25% of all new vehicle registrations by the end of this year, the planned Delhi EV Policy 2.0, promises to be more comprehensive and aims to further promote the adoption of electric vehicles. 

Delhi sets new record in EV sales

Delhi sets new record in EV sales: One among five cars is electric!

The expansion of the <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">electric vehicle</a> sector in India is anticipated to result in the creation of five million new employment opportunities by the end of the next ten years, according to a formal announcement made on Thursday by NITI Aayog. Vice Chairman Suman Bery, who was mentioned in the release, highlighted the development possibilities of the burgeoning industry when addressing a conference in Goa. The conference, which covered strategies for fostering growth in the ecosystem for electric mobility, was conducted concurrently with the fourth energy transition working group meeting under India's G20 Presidency. By the end of the next decade, the growth of India's electric vehicle (EV) sector would have created five million chances for direct and indirect employment, according to Bery. Because of this, Bery added, "We have a rare opportunity to address the twin problems of sustainable urbanisation and unemployment, ensuring a better future for our people and our planet." The statement said that India is making quick progress towards meeting its goal of 30% market share by 2030 and predicted that the country's EV market will expand at an exceptional annualised compound growth rate of 49% from 2022 to 2030.&nbsp; The expansion of EVs will not only have a favourable effect on the economics of the nation but will also have major social and environmental advantages. According to the statement, this will highlight India's economic growth along low-carbon pathways and help the nation achieve net zero emissions by 2070.

India is making quick progress towards meeting its goal of 30% market share by 2030 and predicted that the country's EV market will expand at an exceptional annualised compound growth rate of 49% from 2022 to 2030. 

 EV industry may introduce 5 million jobs

 EV industry may introduce 5 million jobs in the next 10 years: NITI Aayog

The Delhi administration has been encouraged to slacken the deadlines for the transition to <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicles</a> (EVs), according to a story in The Economic Times. IAMAI's (Internet and Mobile Association of India) argument is that an aggressive EV transition might harm the lives of gig workers in Delhi who had invested in conventionally powered <a href="https://evindia.online/scooter" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">two-wheelers</a>. As cited by ET, IndiaTech, a lobbying organisation for the technology sector, and Nasscom, which represents firms like Ola, Zomato, and Zepto, have also indicated the dates for the switch to electric vehicles. “The availability of automobiles and accompanying infrastructure should be taken into consideration when setting adoption goals for EVs,” Nasscom stated in its proposal. The objectives for electrification seem unattainable given the minimal availability of EVs in Delhi today, particularly in the 2- and 4-wheeler segments. Furthermore, even if EVs were accessible, it would be challenging for drivers to transition to EVs due to a lack of supporting infrastructure. Therefore, an aggressive electrification policy in a weak supply-side ecosystem will force aggregators and delivery service providers (DSPs) to significantly slow down their business growth in the National Capital Territory of Delhi, which will ultimately affect people's mobility in the NCT of Delhi, it continued. IndiaTech said in its submission that the programme places the obligation of transition on the platforms, which have no control over the cars, and urged the Delhi government to ease off on the objectives and eliminate fines on the mandatory EV transition. "The vehicles belong to the gig worker, and any intention to switch to EV is at the sole discretion of the gig workers," it said. In order to comply with this legislation, industry participants will have to "reserve" all gig work for just those who have electric vehicles for two years and for four years, respectively. Such regulation will result in entrance obstacles for people who cannot afford an EV.

IAMAI's argument is that an aggressive EV transition might harm the lives of gig workers in Delhi who had invested in conventionally powered two-wheelers

IAMAI's argument is that an aggressive EV transition might harm the lives of gig workers in Delhi 

Industry bodies request Delhi govt to relax timeline of EV transition 

The future flying automobile from electric aircraft manufacturer Eve will be included into Blade Air Mobility's European route network, beginning with France, the firms said on Monday. The arrangement follows previous agreements between the companies to utilise Eve's electric vertical take-off and landing vehicles (eVTOLs) in India and the US. The companies are now taking part in the Paris Airshow. Embraer, a Brazilian aircraft manufacturer, owns Eve and plans to launch its vehicle into commercial use in 2026. Blade would concentrate on creating useful applications for air mobility, including discovering potential routes in France and other European nations, according to a statement from Eve and Blade. If Blade would need to purchase brand-new eVTOL planes as part of the arrangement, they didn't say. As part of its activities in Europe, Blade now flies traditional helicopters between Nice and Monaco. Following the signing of a letter of intent for commercial operations in the United States, where Eve expects to provide up to 60 vehicles yearly, Eve and Blade last year planned to deploy up to 200 electric aeroplanes in India. Rob Wiesenthal, the chief executive officer of Blade, said, "Blade's commitment to leading the switch from conventional to electric vertical aircraft is underscored by the extension of our partnership with Eve." Before beginning production, Eve had a backlog of approximately 2,800 orders, and investors like United Airlines and Rolls-Royce have supported its development. The company just revealed the initial equipment manufacturers for its eVTOLs, and it plans to start constructing its first full-scale prototype in the second half. For 2024, more testing is anticipated. According to Eve CEO Andre Stein, the firms' expanded cooperation with Blade would enable them to pool their knowledge and resources to provide more accessible travel and promote environmental advancements. Last year, Blade purchased the scheduled and charter flying operations of the European companies Monacair, Heli Securite, and Azur Helicoptere, claiming that this would be "crucial" for ongoing technical and business conversations with Eve.

Before beginning production, Eve had a backlog of approximately 2,800 orders, and investors like United Airlines and Rolls-Royce have supported its development

The companies are now taking part in the Paris Airshow

'Flying vehicle' deal between Eve and Blade will extend across Europe

After experiencing a protracted difficult period due to the COVID-19 aftermath as the world struggled with supply issues, particularly semiconductors, <a href="https://www.bajajauto.com/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204);">Bajaj Auto</a> has shown improvement in its operations in the month of March. Rakesh Sharma, Executive Director of Bajaj Auto, claims that the company's revenue peaked in February 2023. He claimed that "we probably hit the bottom in February and started to see recovery in March." Citing Sharma, CNBC-TV18 reported this information as well as the fact that demand for Bajaj Auto's products is increasing, which is positive news for the business. “Demand is increasing again”, he declared. This recovery includes the <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204);">electric vehicle</a> (EV) market as well as conventional gasoline-powered cars. In March 2023, Bajaj Auto's <a href="https://evindia.online/vehicles?type=3" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204);">electric car</a> segment experienced strong sales, and the business is upbeat about the future. Sharma claims that the business intends to offer 10,000 electric vehicle units per month at some point in the upcoming three to six months, which is a significant goal in India's expanding <a href="https://evindia.online/companies" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204);">EV market</a>. "March was a fantastic month for us. Between February and March, there was almost a three-fold increase in the number of retail sales + bookings that we had gotten. As the year goes on, we observe figures at 10,000 or higher.&nbsp; It is challenging to predict with certainty which month this will take place. We were producing 3,000–3,500 pieces, but there will be a ramp-up period before we reach 10,000. Therefore, in the near future, over the course of the next three to six months, there will be that kind of build-up, he said. Nigeria, the biggest export market for Bajaj Auto, has also experienced a remarkable turnaround recently. In March 2023, the business sold 24,000 units in Nigeria, which is a significant sign of the market's recovery."In February, we sold 4,000 units in Nigeria; typically, we ship 50,000 units there throughout the year, but in March, we sold almost 24,000 units. He claimed that a large part of it was because the new administration had made it possible to use outdated banknotes. Moreover, over the past month, Bajaj Auto stock has increased by about 8%.

 Bajaj Auto has shown improvement in its operations in the month of March

In March 2023, Bajaj sells 24000 units of EV in Nigeria

Export of Bajaj Auto revives as EV sales accelerate

 An ultra-compact car with a left-hand drive option makes this micro EV more amazing  | EV Marketplace

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