Ministry of Heavy Industries postponed the subsidies in the previous FY after receiving letters suggesting that firms were claiming subsidies without abiding by the Phased Manufacturing Plan (PMP) requirements

Wrongful incentive claims under FAME II may lead OEMs to face legal actions

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On Monday, the government would take legal action against <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle</a> (EV) makers who refuse to repay incentives that they are said to have improperly earned under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II plan, a story of Economics Times reported. The corpus and structure of the third leg of the FAME phase-II programme, for which the Centre has allotted Rs 10,000 crore, are still being determined. Citing a representative the report stated, the businesses who improperly claimed incentives under FAME II would have to pay them back first. The government would only then think about releasing the blocked subsidies to them or enabling them to take part in the programme. The Ministry of Heavy Industries postponed the delivery of subsidies during the previous fiscal year after receiving anonymous letters suggesting that some firms were claiming subsidies without abiding by the Phased Manufacturing Plan (PMP) requirements, which are designed to increase local manufacturing. Revolt Intellicorp and Amo Mobility, which are owned by Rattan Enterprises, have decided to repay the funds they received under the FAME II programme, according to officials who spoke to ET. Some corporations have neglected to provide crucial information about their local supplier base, citing non-disclosure agreements (NDAs). Even though they have only received Rs 85 lakh thus far, Amo Mobility told ET that they passed on the subsidy of Rs 11 crore to guarantee broad adoption. They are hoping for a peaceful resolution to the situation. Seven companies—Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto, and Amo Mobility—were handed collection warnings earlier this fiscal year for allegedly breaking local sourcing rules, totaling Rs 469 crore. Benling India has requested that the sum owed be taken out of any upcoming payments of subsidies. Invoking limitations imposed by non-disclosure agreements (NDAs), Hero Electric has denied to release documents concerning vendors.

OEMs may face legal actions

Prashant

Servotech Power Systems, an EV charger manufacturer, has received a contract from Bangalore Electricity Supply Company (BESCOM) to install 11 DC rapid EV charging stations. The update calls for Servotech to install public electric vehicle (EV) charging stations at 11 Regional Transport Office (RTO) locations throughout Karnataka to improve the charging infrastructure for electric vehicles and make it easier for EV owners to charge their vehicles in different parts of the state. Servotech will take charge of the complete project lifecycle, from planning and design to final installation. This will involve creating a comprehensive plan for installing EV charging stations at each RTO location while assuring optimal placement and capacity.&nbsp;The company will manufacture, build and test high-quality charging stations according to the stringent safety and performance requirements. In addition, Servotech will provide warranty support and manage all electrical connections and power supply arrangements. Sarika Bhatia, Director of Servotech Power Systems, stated, "We are building our green footprints in every state and region of India. With recent collaborations with ANERT and now BESCOM, our strong ambition to create an EV charging framework becomes stronger by the day, and we intend to expand our footprint in the future by cooperating with more Nodal Agencies and DISCOMs. Our efficient hardware and software solutions will enable dependable EV charging stations, responding to the rising demand for sustainable transportation choices.”

Servotech will install public electric vehicle (EV) charging stations at 11 RTO locations throughout Karnataka to improve the charging infrastructure for electric vehicles 

Servotech signs contract with BESCOM 

Servotech signs contract with BESCOM to install 11 Ev charging stations

Bharat NCAP has given the Tata Nexon.ev a 5-star safety rating. For adult occupant protection, the electric SUV received 29.86 points out of 32, while for kid occupant safety, it received 44.95 points out of 49. The driver and passenger's head and neck were well-protected by the Nexon.ev in the frontal offset deformable barrier test. The passenger's chest displayed excellent protection, whereas the driver's chest only provided mediocre protection. With the exception of the driver's knees, which had sufficient protection, the lower body was well-protected. The head, neck, and torso of the front occupants demonstrated good protection in the side moveable deformable barrier test, with the exception of the chest area, which demonstrated sufficient protection. In the side pole impact test, the vehicle provided decent protection. The Nexon.ev received a dynamic child occupant protection score of 23.95 out of 24. It received a score of 9/13 for the vehicle evaluation and a 12/12 for CRS installation. The Nexon.ev's MR and LR versions are both subject to the rating.

. For adult occupant protection, the electric SUV received 29.86 points out of 32, while for kid occupant safety, it received 44.95 points out of 49.

Tata Nexon.ev receives  5-stars in safety test

Tata Nexon.ev receives  5-stars in safety test performed by Bharat NCAP

Prashant Sha

Homegrown automaker Tata Motors hopes to hold onto its leadership position in the Indian passenger electric vehicle market by mainstreaming EVs in the nation and growing its current portfolio of five models. Through its EV arm, Tata Passenger Electric Mobility (TPEM), the company currently dominates the market with a significant 73 per cent market share by end-FY24. With total sales of 73,833 units in FY24—a 48 per cent year-over-year increase—TPEM saw EVs account for over 13 per cent of Tata Motors' total sales of 582,915 passenger vehicles for the whole fiscal year. The carmaker now wants EVs to account for nearly 30% of its total sales by FY30. Consequently, it plans to invest between Rs 16,000 and Rs 18,000 crore in its EV division by the end of the current decade. Tata Motors stated in an investor presentation on June 11 that, if needed, it will make this massive investment in its EV sector between FY25 and FY30 to meet its future growth ambitions. The company also plans to reach an EBITDA breakeven in TPEM by FY26. Furthermore, the corporation intends to persist in its endeavour to mainstream&nbsp; EVs in India by means of various measures, including the launch of novel models, broadening the reach of EV retail outlets, and cooperating to enhance the nation's charging infrastructure.&nbsp; The business plans to launch ten additional EV models by FY30, however, it now only provides the X-Pres-T EV for fleet operators, the Tigor and Tiago EVs for mass-market consumers, and the Punch and Nexon EVs for aspirational customers. The first two on the horizon are the Harrier EV, which will be unveiled later in the current fiscal year, and the Tata Curvv mid-size EV. The Sierra EV and Avinya EV, which are also scheduled for release in FY26, will come after the first two models and go on sale between April 2025 and March 2026. The JLR-derived EMA platform and Acti.ev, two of TPEM's two entirely new EV platforms, will be used to tackle the main obstacles to increased range and cutting-edge technologies in contemporary EVs. The business claims that in order to create high-performance, efficient, and updatable EVs in the upcoming years, it will utilise more than 3 billion kilometres of driving data from its current EV parc on the roads. To reduce range anxiety, it will come with high-energy-density batteries that can be charged quickly. Additionally, the future models will have improved displays that are tailored to the needs of electric vehicles and will include connected car features. Last but not least, the business will prioritise providing customers with cutting-edge driving modes and a range of services including vehicle-to-load and vehicle-to-vehicle EV charging.&nbsp; TPEM is optimistic about India's passenger EV market and believes that the PLI programmes, localisation, and falling worldwide battery prices will all help the market grow over the next six years. Furthermore, over the course of the next two years, Tata Motors intends to extend its EV-only retail channel,.ev, which was launched in December of last year, to more than 50 significant cities.&nbsp; The major places with high EV potential that the business has identified include high-EV TIV cities, high-penetration clusters, and high-growth-potential markets like Ahmedabad, Pune, Bengaluru, Chennai, and numerous cities in Kerala. Additionally, it has used micro-market data to pinpoint the locations of its outlets.&nbsp; Additionally, TPEM will fortify the infrastructure of charging by stepping up cooperation to promote the construction and creation of community and public EV chargers throughout India. Although the company has formed a mutually beneficial partnership with partners in the charging ecosystem, including ChargeZone, Statiq, Glida, Hindustan Petroleum, Bharat Petroleum, and Shell, among others, it hopes to expand the network of charging stations from more than 10,000 by the end of 2024 to 100,000 by FY30. TPEM wants to increase the number of community charging stations by 23 times, from over 4300 by FY24 to over 100,000 by the end of FY30. The firm intends to expedite its net-zero ambition and encourage EV adoption by using the synergies between rooftop solar (RTS) and EVs. By FY30, the business projects that the percentage of renewable energy utilised to charge its electric vehicles would increase from the current 33 per cent to around 70 per cent.&nbsp;

With total sales of 73,833 units in FY24—a 48 per cent year-over-year increase—TPEM saw EVs account for over 13 per cent of Tata Motors' total sales of 582,915 passenger vehicles for the whole fiscal year.

Analysis of Tata’s future plan

Tata Motors plans to invest Rs18000 Cr to boost EV production: Analysis of Tata’s future plan

Manufacturer of electric bike and scooters, BGauss, has said that the new RUV350 electric scooter will go on sale on June 25, 2024. The brand's second product on sale, the BGauss RUV350, is marketed as a tough and durable product that can handle a variety of terrains. The business describes the RUV, or recreational utility vehicle, as a first for the electric scooter market. It is claimed that the BGauss RUV350 will provide exceptional comfort and safety in addition to its great capacity to handle "all terrains." A step-through design with big wheels was suggested by the original teaser image, but it had a flat floorboard and a long seat instead. The RUV350's specifications have not yet been released by BGauss, but we anticipate to have the information before launch. In the company's portfolio, the new model will be placed above the C12 electric scooter. There are presently 125 or more BGauss dealerships nationwide. Currently, the business sells the C12 electric scooter line at retail stores.

The BGauss RUV350 will provide exceptional comfort and safety in addition to its great capacity to handle "all terrains." 

BGuass to launch its all-new RUV 350

BGuass to launch its all-new RUV 350: All you need to know

With a 2.5X increase in sales over the same period last year during Navratri and Dussehra, Ola anticipates that the sales momentum will carry over into the festive season, with a spike in volumes in the coming months. According to Vahan statistics, <a href="https://evindia.online/electric-vehicle-companies/ola-electric-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ola Electric</a> became the first <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV</a> startup in India to sell more than 2 lakh electric scooters in 10 months during the month of CY2023. Compared to the same period last year, when it achieved one lakh revenues in just ten months of existence, the firm has grown by more than 100%. The electric vehicle manufacturer recently declared the successful completion of its financing and equity round, headed by Temasek and included project loans from the State Bank of India and Temasek-led brand investors, respectively, raising Rs 3,200 crore. The money obtained will go towards building India's first lithium-ion cell manufacturing plant in Krishnagiri, Tamil Nadu, as well as expanding the company's electric vehicle business. By increasing its 2W production capacity, introducing <a href="https://evindia.online/electric-two-wheelers" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">electric two-wheelers</a> first, then electric automobiles, and expediting the building of the Gigafactory, the business hopes to boost its growth. On October 16, Ola announced the launch of its month-long Ola Bharat EV Fest, a nationwide celebration of embracing electric vehicles with a range of offers from the EV manufacturer, including a 5-year Battery Warranty (worth up to Rs 7,000), exchange bonuses (up to Rs 5,000), and finance offers with interest rates as low as 5..99 per cent, zero down payment, no-cost EMI, and zero processing fee. Additionally, consumers who test-ride Ola scooters throughout the holiday season will have the opportunity to win one S1 X+ every day in addition to other exciting prizes like Ola Care+ discount vouchers and instant savings on the purchase of the brand-new S1 Pro (2nd Generation). Additionally, the firm is extending its "5-Year Battery Promise" programme to include scooters from its current range (S1 Pro, S1 Air, and S1 X+), delivering a complimentary five-year extended battery warranty.&nbsp;

Ola announced the launch of its month-long Ola Bharat EV Fest, a nationwide celebration of embracing EVs with a range of offers from the EV manufacturer, including a 5-year Battery Warranty, exchange bonuses, and finance offers. 

OLA records 24000 E-scooter sales

OLA records 24000 E-scooter sales amid festive season 

Considering the country's growing <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">EV</a> acceptance, German automaker BMW has announced that, the local manufacture of its <a href="https://evindia.online/vehicles?type=3" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">electric cars</a> in India is only a matter of time. According to BMW Group India President Vikram Pawah, 9% of the company's sales in the country in the first half of 2023 were made up of electric vehicles, and he anticipates that number to rise to 25% by 2025. When asked about local manufacturing, Pawah responded, "As the volumes expand, as we did with every other product, we'll also localise EVS&nbsp;and manufacture them (locally)". “It's Just a matter of time. The volumes and stability must have some inertia. Positive signals are now emerging. It's still very early...In the first six months, we only delivered 500 vehicles over four models, which is still a tiny number in that regard, but it is certainly expanding quickly,” Pawah stated. BMW currently uses batteries from generation 5 and is developing batteries from generation 6. Therefore, we will decide when is the best moment to localise each one and which one to localise when...It will occur shortly, according to Pahwa. The Indian EV sector, which is home to several small and major EV companies, might benefit from BMW's EV drive. Players like Hyundai and Tata are now present in the Indian EV car industry. By 2025, Ola Electric and Toyota-backed luxury automaker Lexus hope to introduce their first electric vehicles in India. The most recent development coincides with Tesla, which is run by Elon Musk, changing its intentions for India and planning to start making electric vehicles there. <a href="https://evindia.online/news/tela-is-all-set-to-enter-india-ev-may-cost-around-rs20-lakhs" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;">(read more)</a>

According to BMW Group India President Vikram Pawah, 9% of the company's sales in the country in the first half of 2023 were made up of electric vehicles, and he anticipates that number to rise to 25% by 2025

 India can soon witness locally manufactured EV: BMW’s President

The Uttar Pradesh government launched a subsidy webpage on Wednesday, enabling customers of <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">electric vehicles</a> who bought their vehicles after October 14, 2022, to apply for financial aid. The effort, according to officials, was intended to encourage electric vehicles all around the state. The action is a part of the 2022 Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy, which also includes an incentive programme for purchase subsidies. Here are all the specifics on how to claim the subsidy, how much it is, and when it expires for purchasers of electric vehicles. <h2>How to apply for UP EV subsidy scheme?</h2> Applicants for the EV subsidy must submit their applications using the website upevsubsidy.in. According to representatives, when a four-stage verification procedure is successfully completed, the subsidy amount will be sent to the customer's bank account after the application is filed. The Uttar Pradesh Development Systems Corporation Ltd (UPDESCO), according to a release, has been given responsibility for the creation and upkeep of the platform.The Purchase Subsidy Promotion Scheme may be implemented in accordance with the Policy, subject to certain restrictions. Dates for the UP EV Subsidy Program's Start, End, and Expiration&nbsp;On October 14, 2022, the UP government's EV subsidy programme enters into action. The promotion will run through October 13, 2023. UP EV Subsidy Scheme: Application Process&nbsp;The authorities said that after a successful four-stage verification procedure, the subsidy amount will be sent to the customer's bank account once the electric vehicle buyer submitted the application on upevsubsidy.in. According to Rajiv Srivastava, Additional Commissioner (Transport), a four-level verification procedure will start with dealer verification and continue with registration and departmental verification once the online application has been submitted. TI (Transport Inspector) will conduct the last inspection. The information released on the web states that, when the verification procedure is complete, the banking partner would transfer the subsidy amount to the customer's bank account within three working days. Who may apply for the UP Government's EV Subsidy Programme?&nbsp; On the purchase of any single car across all vehicle classes, individual recipients (buyers) will be qualified for EV subsidies. However, aggregators or operators of fleets (buyers) will also be allowed to obtain purchase subsidies. This will allow a unit to collect subsidies for up to 10 cars across vehicle classes. <h2> </h2><h2>How much subsidy can you get?</h2> The amount of the subsidy will be 50% of the overall incentive for buyers of EVs without batteries. Currently, the subsidy can be given at any moment.&nbsp; Two-wheelers: For the first two lakh orders, the subsidy for two-wheeler electric vehicles would be Rs 5,000 per car, up to 15% of the ex-factory cost. Four-wheelers: For the first 25,000 purchases of four-wheeler electric vehicles, the subsidy will be up to 15% of the ex-factory price or Rs 1 lakh per vehicle. Electric buses: The first 400 non-government e-buses will receive a subsidy of up to 15% of the ex-factory cost, or Rs 20 lakh per vehicle. E-goods transporters: The first 1000 e-goods transporters would each receive a vehicle subsidy of Rs. 1 lakh.

On the purchase of any single EV across all vehicle classes, individual recipients (buyers) will be qualified for EV subsidies. However, aggregators or operators of fleets (buyers) will also be allowed to obtain purchase subsidies

All you need to know about UP’s EV subsidy

Get upto Rs 1 lakh incentive on your EV: All you need to know about UP’s EV subsidy

&nbsp;According to a recent Ficci-Deloitte analysis, increasing attention to the electric vehicle industry will assist Tamil Nadu in reaching its goal of having a $1 trillion economy by 2030–2031. According to the report "Towards One Trillion: Accelerating Tamil Nadu's Progress to Become a Trillion-Dollar Economy," the region's well-established automotive cluster in the Chennai-Kancheepuram-Chengalpattu-Tiruvallur corridor needs to be the focus of attention right now, in addition to making use of the region's already-existing auto-manufacturing infrastructure and industry presence. With the introduction of the Tamil Nadu <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV </a>policy 2023, the state has already made a solid first impression by selecting important EV cities in the state, including Chennai, Coimbatore, Trichy, Madurai, Salem, and Tirunelveli. Because this industry is still developing in the state, the government will need to get involved in social development, infrastructural development, and startup support. The research stated that Tamil Nadu might allow the establishment of significant technology nerve centres along the corridor, joining the designated cities in the strategy, in addition to the previously proposed EV park in Hosur and Manalur. Co-working spaces for start-ups might be situated next to OEM/tier-1 R&amp;D centres thanks to the ecosystem of R&amp;D nerve centres. Additionally, OEMs can buy technologies from interested start-ups and delegate new research activities to them. To encourage localization, it was suggested that OEMs and start-ups collaborate on adopting EV production technology for Indian MSMEs. In addition to supply-side interventions, citizen-centred policy reforms may be implemented to support the growth of the state's demand for electric vehicles. By 2030, the present EV program is to convert 60,000 buses, or 30% of bus fleets in public transportation and educational institutions, to electric power. Along with public transportation, the state may also take into account offering usage-based payment plans, government-backed financing assistance for auto drivers to purchase and operate electric vehicles, providing public charging infrastructure and battery swap stations to encourage private owners, and subsidizing the price of electric vehicles through reductions in the state goods and services tax. According to the paper, EV conversion can also be accomplished through EV retrofitting. The electrification of current vehicles can be aided by retrofit kits, and the standardizing of batteries through such gears can advance the infrastructure for battery swaps. These modifications will boost demand and raise public acceptance of EV adoption.

The research stated that Tamil Nadu might allow the establishment of significant technology nerve centres along the corridor, joining the designated cities in the strategy, in addition to the previously proposed EV park in Hosur and Manalur

Attention to the EV industry will assist TN in reaching its goal of having a $1 trillion economy

Increasing attention to the EV industry will assist TN in reaching its goal of having a $1 trillion economy:  FICCI-Deloitte

Focus on EV industry may take TN to $1-trillion economy: Report

Ministry of Heavy Industries postponed the subsidies in the previous FY after receiving letters suggesting that firms were claiming subsidies without abiding by the Phased Manufacturing Plan (PMP) requirements  | EV Marketplace

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Wrongful incentive claims under FAME II may lead OEMs to face legal actions

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