The already-started pilot project will be carried out in phases, with the first phase comprising the installation of four EV charging stations and the second featuring the installation of eight EV charging stations. 

Servotech in talks with Kerala Govt; plans to establish 12 EV charging stations in the state

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Servotech Power Systems, on Wednesday, was awarded a contract to build 12 EV charging stations by The Agency for New and Renewable Energy Research and Technology (ANERT), Department of Power, Government of Kerala. According to the press release, it would establish 12 electric vehicle (EV) charging stations with 30KW Fast DC EV Chargers at various Kerala Motor Vehicle Department locations. Servotech will provide, commission, and construct EV charging stations under this contract. The already-started pilot project will be carried out in phases, with the first phase comprising the installation of four EV charging stations and the second featuring the installation of eight EV charging stations.&nbsp; As the country transitions towards the era of electric vehicles (EV), South India is emerging as the preferred production and export hub for the auto sector.&nbsp; The growing desire for hybrid electric vehicles (HEVs), which assist in increasing fuel efficiency, cutting fuel costs, and reducing pollutants, is promoting market expansion in the area. Moreover, increased investment in EV charging stations across South India is boosting the market's outlook.&nbsp; According to a report published by CBRE Research in June 2023, southern states account for around 33% of India's EV manufacturing and 23% of sales. Citing Sarika Bhatia, Director of Servotech Power Systems, Autocar Professional reported, "Our efficient hardware and software solutions will ensure dependable EV charging stations, catering to the growing demand for sustainable travel options," stated&nbsp;

Servotech to establish 12 EV charging stations 

Prashant

MyTVS, a digital automotive aftermarket platform, has announced the launch of its pan-India 'Mobility-as-a-Service' (MaaS) platform for last-mile electric automobile fleet operators. According to the firm, the newly announced platform will bring together all ecosystem participants, including original equipment makers, to deliver a comprehensive variety of services across the full EV fleet life cycle. G. Srinivasa Raghavan, Managing Director of myTVS, stated, "The quick commerce companies are exploring electric vehicle fleets to optimise costs and meet their sustainability goals, and myTVS is well-positioned to lead this transition," the Moneycontrol reported. The Chennai-based company, which is part of the TVS Mobility Group, will also add 10,000 electric two-wheelers to its fleet by March of next year for this operation. It has also teamed with MoEVing, an EV-based logistics startup, to launch Mobility-as-a-Service (MaaS), which will provide end-to-end vehicle management solutions. He further stated, "In the e-commerce sector, there is a possibility to electrify 10 lakh automobiles within the next 5-10 years.” Citing Raghavan the Moneycontrol reported that there is an immediate requirement to complete at least 10,000 automobiles by March. "The 10,000 vehicles will be electric two-wheelers," the politician said. Talking about the investment necessary to add those new vehicles, he stated that it will range between Rs 100 crore and Rs 150 crore, which will be made by group business TVS Vehicle Mobility alone or with partners. He also stated that the business has begun with the initial distribution of 250 electric two-wheelers and around 50 light commercial vehicles.

The Chennai-based company, which is part of the TVS Mobility Group, will also add 10,000 electric two-wheelers to its fleet by March of next year for this operation

myTVS to unveil mobility-as-a-service platform

myTVS is all set to unveil mobility-as-a-service platform

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

Total EV (electric vehicle) registrations fell to a 14-month low in August, with month-on-month and year-on-year sales declines, according to a report by the Hindu Businessline. Both electric two- and three-wheelers reported lower volumes than in July. However, electric three-wheelers outsold electric two-wheelers in terms of volume during the previous month, the report further suggested. The total electric vehicle registrations in all categories combined stood at around 1.06 lakh units in August, down by 17%, over 1.28 lakh units in July, according to Vahan statistics. Sales of electric two-wheelers reduced significantly, with registrations dropping to 46,085 units in August, compared to 61,498 in July and 62,646 in August 2023. Electric three-wheelers outsold two-wheelers last month, at 54,861 units, but this was lower than the 59,151 units sold in July and 56,581 units sold in August 2023. Market leader Ola Electric's volume declined to 12,628 units in August from 18,602 in July in the electric two-wheeler sector. TVS Motor remained the second largest seller and sold 9,514 vehicles, down from 11,555 in July 2024. Sales for Bajaj Auto also dropped to 4,899 units in August vs 7,797 in July. While Ather Energy sold 4,278 units against 6,076 units, Hero MotoCorp despatched 4,742 units against 5,060, Greaves Cotton's sales declined to 2,816 units against 3,158 units. In the electric three-wheeler class, Mahindra Electric Mobility dominated the market with over 4,500 units sold in August, down from 6,504 in July. Bajaj Auto followed with 4,030 units, an increase from 3,694 in July. YC Electric Vehicle sold 3,545 units, a tiny decrease from 3,651 units, while Piaggio's sales fell to 1,558 from 1,959 units. TI Clean Mobility, the Murugappa Group's electric car business, sold around 598 units in August, a modest increase from 580 units in July. Electric car registrations fell to 4,755 units in August from 6,855 in July.

Sales of electric two-wheelers reduced significantly, with registrations dropping to 46,085 units in August, compared to 61,498 in July and 62,646 in August 2023

EV registration fell to a 14-month low

EV registration fell to a 14-month low: August EV sales data

Regarding the new EV policy, US electric vehicle manufacturer Tesla is "silent" and has not yet informed the government of its plans for India, an official stated on Friday.Elon Musk, the American tech tycoon, had abruptly postponed his trip to India, claiming "very heavy Tesla obligations," only two days before it was supposed to happen. During the visit, Prime Minister Narendra Modi was scheduled to meet with Elon Musk, the CEO of the electric manufacturer Tesla. The official said, "They (Tesla) are just silent.. the (EV) policy was always meant for everybody," when questioned if the business had informed the authorities of its intentions. Musk on X said he was "looking forward to meeting with Prime Minister @NarendraModi in India" when he announced his trip to the country earlier in April. During Modi's June visit to the US last year, Musk met with the latter and revealed his plans to visit India in 2024, adding that he was confident Tesla will soon make its way into the Indian market. Expectations had been heightened by his anticipated visit that he would reveal intentions to establish a Tesla store in the nation in addition to his satellite communications company Starlink. It was believed that Musk would reveal Tesla's intentions to establish a manufacturing facility in India, along with potential investments amounting to billions of dollars, and the timeline for delivering Tesla electric vehicles in India as soon as possible. Apart from electric automobiles, he is aiming to enter the Indian market with his satellite internet business Starlink, for which he is awaiting regulatory permits. Tesla's Indian automobile sales are contingent upon a reduction in import levies, as Musk has repeatedly urged.&nbsp; The government recently unveiled a new policy on electric vehicles, which aims to attract major international players like Tesla by reducing import duties for businesses that establish manufacturing facilities in the country with a minimum investment of USD 500 million. A few weeks later, the company announced his intended trip to India. The first stakeholders' meeting on the new EV policy was attended last month by an advisor representing Tesla, The Asia Group (TAG), as well as representatives from VinFast, a Vietnamese EV manufacturer, and all of the major Indian automakers, including Hyundai, Maruti Suzuki, Kia, Tata, Mahindra, Renault, Skoda Auto Volkswagen India, BMW, Mercedes-Benz and Audi. The purpose of the stakeholder consultation gathering was to gather feedback on the new EV manufacturing policy's guidelines. For five years beginning on the date the government issues the approval letter, businesses that establish EV passenger car manufacturing facilities will be allowed to import a limited quantity of cars at a reduced customs/import duty rate of 15% on vehicles costing USD 35,000 and above. Customs duties on automobiles imported as fully built units (CBUs) range from 70 per cent to 100 per cent at this time, based on engine size, cost, insurance, and freight value (CIF).CBUs with a CIF value of more than USD 40,000 are subject to a 100% import tariff (for diesel engines larger than 2500 cc and petrol engines larger than 3000 cc). Conversely, those with a CFI worth less than USD 40,000 are subject to a 70% tax (for petrol engines under 3000cc and diesel engines under 2500cc). The goal of the new EV strategy is to draw in investment from reputable international manufacturers and market India as a location for EV manufacturing. Tesla requested tariff reductions from the Indian government last year in order to bring its cars into the country.

The government recently unveiled a new policy on electric vehicles, which aims to attract major international players like Tesla by reducing import duties for businesses that establish manufacturing facilities in the country

Is Telsa coming soon in Indian market? 

Is Telsa coming soon in Indian market? EV maker “silent” on plans: Report

Prashant Sha

The transport department's senior officials said that the Delhi government has decided to prolong its policy for <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicles (EVs)</a> by an additional three months. Kailash Gahlot, the minister of transportation, also affirmed this. They stated that the policy will be prolonged through the end of March 2024 and that cabinet approval will be granted shortly. The EV policy states that<a href="https://evindia.online/electric-two-wheelers" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);"> two-wheelers</a> can receive a subsidy of Rs 5,000 per kWh of battery capacity; <a href="https://evindia.online/electric-commercial-vehicles" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">three-wheelers</a> can receive a subsidy of Rs 30,000 regardless of overall cost or battery capacity; and <a href="https://evindia.online/electric-cars" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">four-wheelers</a> can receive a subsidy of Rs 10,000 per kWh of battery capacity for the first 1,000 EVs registered under the scheme. Since a new policy hasn't been redied yet, the EV policy, which was set to expire on August 8, 2023, has been repeatedly extended.&nbsp; The transportation department has already declared that the strategy was unworkable due to the departure of fellows, experts, and advisers from the agency. Gahlot stated that these individuals possessed technological know-how and were assisting in the development of many transportation department policies, such as EV 2.0 and cab and bus aggregators. According to officials, the new EV policy, which will be known as Delhi EV policy 2.0, is virtually complete. The exact date on which the policy would take effect is still up in the air. A statement issued during the stakeholder consultation process for the draft of the revised Delhi EV policy claims that the department received numerous recommendations for improving incentives for EV buyers, such as interest rate rebates, parking incentives, and easier financing options.

The EV policy states that 2W can receive a subsidy of Rs 5,000 per kWh of battery capacity; 3W can receive a subsidy of Rs 30,000 regardless of overall cost or battery capacity; and 4W EV can receive a subsidy of Rs 10,000 per kWh battery. 

EV policy of Delhi government to be extended up to March

Maruti Suzuki has taken a brave step by declaring its ambitions to launch six electric vehicles by 2030 amid the emerging demand for <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">electric vehicles</a> in the market. In an exciting move, the firm will present its new line-up of electric vehicles at the Japan Mobility Show 2023, which is slated to start on October 26 in Tokyo. Maruti Suzuki has built a solid reputation for offering fuel-efficient vehicles at reasonable rates. In keeping with this tradition, the business plans to electrify the Alto, one of its most cheap versions. The Alto EV is expected to have an amazing range of up to 200 km on a single charge, according to sources, however specifics regarding the engine are yet unknown.&nbsp;The Alto EV, which was created with an emphasis on intercity connection, heralds a new era in automotive innovation. Beyond the Alto, Maruti Suzuki has lofty plans to enter the electric car industry. The Suzuki eWX, an electric variation of the well-known Waggon R, and the Maruti Suzuki eVX, a cutting-edge electric vehicle, are among the models offered by the firm. A car that stands out in terms of performance and elegance is the Maruti Suzuki eVX. It offers two battery pack choices, one with a capacity of 60 kWh and the other with a capacity of 48 kWh. The eVX claims a remarkable driving range of up to 500 km on a single charge using these batteries. The car's proportions, which measure 4300 mm in length, 1800 mm in width, and 1600 mm in height, are also significant since they provide for plenty of passenger room. A sizeable 2700 mm wheelbase further guarantees stability and comfort. In October 2024, the eVX will be available to interested parties. The Suzuki eWX, on the other hand, although smaller in size, adds appeal to the electric car market. With dimensions of 3395 mm in length, 1475 mm in width, and 1620 mm in height, it provides small but fashionable packaging. The eWX adds flare to the <a href="https://evindia.online/car" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;">electric car </a>scene with its unusual C-shaped lighting units, body-coloured front bumper, sizable tyres, and appealing front appearance. The Alto EV and its siblings, the Suzuki eWX and Maruti Suzuki eVX promise to usher in a new age of electric vehicles, combining affordability, luxury, and increased range as Maruti Suzuki sets off on this exhilarating adventure. These options, which cater to a wide variety of preferences, are set to have a substantial influence on the market for electric vehicles.

 Beyond the Alto, the Suzuki eWX, an electric variation of the well-known Waggon R, and the Maruti Suzuki eVX, a cutting-edge electric vehicle, are among the models offered by the firm

Maruti is all set to launch 6 EVs

Maruti is all set to launch 6 EVs including Alto by 2030

In India, two out of every five <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicles (EVs)</a> sold this year were produced in Tamil Nadu, one of the world's top auto manufacturing centres.&nbsp; Data from the VAHAN Dashboard of the Ministry of Road Transport and Highways shows that as of 20 September this year, 1,044,600 EVs have been registered with regional transport offices. In Tamil Nadu, 414,802 of them were made into automobiles. As of Monday, there have been 1,063,812 electric vehicle sales. <a href="https://evindia.online/company/ola-electric" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ola Electric</a>, <a href="https://evindia.online/company/tvs" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">TVS Motor</a>, <a href="https://evindia.online/company/ather-energy" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ather Energy</a>, and <a href="https://evindia.online/company/ampere" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ampere Vehicles</a> are leading original equipment manufacturers (OEMs) with EV manufacturing plants in the state. The state anticipates investments of Rs 50,000 crore in this area by 2025 and the generation of 150,000 employment. In a government announcement, it was said that "the EV industry is all set to become a focus market, paving the way for a revolution for achieving sustainable development goals."&nbsp;&nbsp;The Krishnagiri area, referred to as India's EV centre, is home to three prominent manufacturers. Ola Electric sold 175,608 units (as of September 20), TVS Motor sold 112,949 EVs, and Ather Energy sold 77,764 units. This year, Ampere Vehicles (Greaves Electric), located in Ranipet, has registered up to 41,757 units. 1,725 units are the total for BYD India (in Kanchipuram).&nbsp; Sales of 1,533 units were reported by Stellantis (PCA Automobiles) in Tiruvallur, 1,242 by E-Royce Motors in Coimbatore, 1,023 by Hyundai Motor India in Kanchipuram, 810 by Reep Motors in Chengalpattu, and 391 by TI Clean Mobility in Tiruvallur. The current goal of Tamil Nadu is to become the global EV capital. Leading industry figures have shared their perspectives and expressed excitement about the momentum already developing in the state. In a statement, the government noted that it had recently implemented the Tamil Nadu Electric Vehicles Policy, in 2023. "The government, which has deep knowledge of the industry, has been working to boost the EV ecosystem - manufacturing of batteries, charging infrastructure, and others," the government said. Six cities have been chosen by the state government to be developed as EV hubs: Coimbatore, Tiruchi, Tirunelveli, Madurai, Salem, and Chennai. A qualified workforce, an ecosystem and supply chain of auxiliary suppliers, a thriving car and auto component manufacturing environment, and infrastructure and logistical support systems are just a few of the inherent advantages that help this industry.

As of Monday, there have been 1,063,812 electric vehicle sales. Ola Electric, TVS Motor, Ather Energy, and Ampere Vehicles are leading original equipment manufacturers (OEMs) with EV manufacturing plants in the state.

Tamil Nadu firms record 40% contribution 

Tamil Nadu firms record 40% contribution in India’s 1mn EV sales 

Lectrix EV, the <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric mobility</a> branch of SAR Group and a pioneering name in the electric vehicle sector, proudly inaugurated two showrooms in a day in Delhi, marking a significant step towards sustainable transportation. On August 20, it opened its first showroom, Rao Automobiles, in Najafgarh, and its second, Evosta Mobility P Ltd., in Okhla. Lectrix EV Private Limited's authorised major dealers are the recently opened showrooms by Rao Automobiles and Evosta Mobility. These two showrooms serve as a monument to Lectrix EV's commitment to giving citizens of Delhi and beyond cutting-edge electric transportation alternatives. By allowing customers to experience the brand's outstanding lineup of <a href="https://evindia.online/vehicles?type=5" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric two-wheelers</a> up close, the strategically placed showroom seeks to bring the future of transportation right to its front door. Lectrix EV's Managing Director and CEO, Mr K. Vijaya Kumar, expressed his excitement for this achievement by saying, "We are happy to deliver our most intelligent electric scooters, the LXS G 2.0 and LXS G 3.0, to Delhi with 93 game-changing features. Lectrix EV's showroom debut in Delhi is set to be a game-changer for the region's transport system as the electric car revolution picks up speed. The SAR Group's e-mobility division, Lectrix EV, was established in 2020. The firm is passionate about offering users dependable, cutting-edge electric two-wheelers. Lectrix EV intends to expand its line of electric two-wheelers with an initial expenditure of Rs 300 crore and a production plant with an annual capacity of 1.5 lakh EVs. The firm aspires to disrupt the electric scooter market with technologically superior goods offered at competitive costs, with a strong focus on technology and innovation.

Lectrix EV intends to expand its line of electric two-wheelers with an initial expenditure of Rs 300 crore and a production plant with an annual capacity of 1.5 lakh EVs.

Lectrix EV opens 2 showrooms in Delhi

Delhi/NCR welcomes Lectrix EV with 2 new showrooms

The already-started pilot project will be carried out in phases, with the first phase comprising the installation of four EV charging stations and the second featuring the installation of eight EV charging stations.   | EV Marketplace

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Servotech in talks with Kerala Govt; plans to establish 12 EV charging stations in the state

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