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Mobility

Ministry of Heavy Industry (MoHI) to roll out EV fast charging standardization by 2022-end

The union authorities’ s efforts to hurry up electric vehicle adoption within the nation will get an enormous push with the standardization of charging infrastructure which is scheduled to be launched by the top of 2022. The unbiased organization Automotive Research Foundation of India (ARAI), Pune, is engaged on this. “For quick charging, the prototype is prepared and by December 2022, we’ll carry this to the market. However, we hope this may be achieved even earlier than that,” Minister for Heavy Industries, stated. He invited the industry stakeholders and policymakers from the important thing states to push electrical automobile adoption within the quick lane.

TAGS #mobility

Niti Aayog and World Bank join hands to push electric vehicles financing

NITI (National Institution for Transforming India) Aayog and the World Bank (WB) are working together to facilitate a program for faster and easier financing of electric vehicles (EVs). NITI Aayog and World Bank are setting up a $300 million ‘first loss risk sharing instrument’, with the State Bank of India (SBI) as its program manager. The current rate of interest for electric two-wheelers & electric 3 Wheelers, which is in the range of 20-25 per cent is expected to be reduced to 10-12 per cent.

TAGS #NITI

IIT Bombay partners with CESL to build on India’s electric vehicle charging ecosystem

Indian Institute of Technology (IIT) Bombay has joined hands with Convergence Energy Services Limited (CESL) in a bid to implement electric vehicle charging facilities across the country. CESL is a subsidiary of state-owned Energy Efficiency Services Ltd. This pact will help both parties collaborate on technological advancements to set up electric vehicle (EV) charging infrastructure that includes developing flagship products, standardizing technical specifications and customizing solutions for the Indian EV charging ecosystem.

India is working on reducing vehicular pollution in its metros, with the government encouraging startups to innovate on technology to make electric vehicles affordable for the masses. Several states have also formed their various EV policies and are encouraging people to adopt EVs with various subsidy schemes in a bid to reduce the carbon footprint.

TAGS #mobility

India launches e-Amrit portal on EVs at COP26

E-Amrit is a one-stop destination for all information on electric vehicles–busting myths around the adoption of EVs. The Central government launched ‘E-Amrit’, a web portal on electric vehicles (EVs), at the ongoing COP26 Summit in United Kingdom’s Glasgow. According to a statement issued by the NITI Aayog, E-Amrit is a one-stop destination for all information on electric vehicles–busting myths around the adoption of EVs, their purchase, investment opportunities, policies, and subsidies. “The portal has been developed and hosted by NITI Aayog under a collaborative knowledge exchange programme with the UK government and as part of the UK-India Joint Roadmap 2030, signed by the Prime Ministers of the two countries,” the statement said.

E-Amrit intends to complement initiatives of the government on raising awareness on EVs and sensitizing consumers on the benefits of switching to electric vehicles. In the recent past, India has taken many initiatives to accelerate the decarbonization of transport and the adoption of electric mobility in the country. Schemes such as FAME and PLI are especially important in creating an ecosystem for the early adoption of EVs. NITI Aayog intends to add more features and introduce innovative tools to make the portal more interactive and user-friendly.

TAGS #EV

Ministry of Road, Transport and Highways issued following notifications:

 

  • G.S.R 720 regarding concessions under the Vehicle Scrapping Policy. Read more>>

  • G.S.R. 653(E) regarding the Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021 Read more>>

  • G.S.R. 652(E) regarding Recognition, Regulation and Control of Automated Testing Station. Read more>>

Notification G.S.R. 800(E) regarding Central Motor Vehicles (Twenty Sixth Amendment) Rules, 2021 on emission norms for construction equipment vehicles Read more>>

TAGS #ministry