The Postal Service declined to comment on the dismissal but reiterated it believes it was fully compliant with environmental rules in acquiring its vehicles. A group of 16 states led by California and environmental groups dropped a lawsuit filed in 2022 that sought to block the U.S. Postal Service’s plan to buy mostly gas-powered, next-generation… Continue reading States, environmental groups drop lawsuit over US Postal Service EV purchase plans
Author: Economic Times of India Online News
UAEV announces adoption of recently introduced EV tariffs effective January 2025
Complementing the app, UAEV is launching a dedicated 24/7 call centre to provide instant support and assistance, ensuring seamless user experiences at all times. UAEV, the UAE’s first government-owned electric vehicle (EV) charging network, announced the adoption of the recently introduced EV tariffs by the Ministry of Energy and Infrastructure, effective January 2025. While these… Continue reading UAEV announces adoption of recently introduced EV tariffs effective January 2025
No relief for rupee as robust US data supports Fed’s hawkish stance
Investors dumped EM currencies on Thursday on worries that U.S. rates are likely to remain higher for longer, prompting their central banks to take steps to defend their currency. The Indian rupee is likely to hold near its all-time low at the open on Friday after robust U.S. data reinforced the view that the Federal… Continue reading No relief for rupee as robust US data supports Fed’s hawkish stance
Auto PLI achieves INR 20,715 crore investment, INR 10,472 crore incremental sales: Centre
The FAME-II Scheme, launched in 2019 with an outlay of INR 11,500 crore, aims to promote electric mobility in India through demand incentives for e-2Ws, e-3Ws, e-4Ws, e-buses, and EV public charging stations. New Delhi: The production-linked incentive (PLI) scheme for automobile and auto components industry has achieved INR 20,715 crore investment and INR 10,472… Continue reading Auto PLI achieves INR 20,715 crore investment, INR 10,472 crore incremental sales: Centre
Servotech Power Systems rebrands to Servotech Renewable Power System
Servotech intends to capitalise on opportunities in the evolving energy landscape and become a dominant player. Servotech Power Systems Ltd., a manufacturer of solar products and EV chargers, announced its rebranding to Servotech Renewable Power System Limited on December 19. This change emphasises the company’s commitment to renewable energy solutions and aligns with its “Produce… Continue reading Servotech Power Systems rebrands to Servotech Renewable Power System
India registers 36.39 lakh EVs, captures 3.38% market share in 5 years
Updated On Dec 19, 2024 at 03:14 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Out of 10,75,31,040 vehicles registered in the last five years (from 01/04/2019 to 31/03/2024), 36,39,617 vehicle registrations were EVs. New Delhi: Driving towards India’s sustainability goal, the Indian automobile market is transitioning from ICE (Internal Combustion… Continue reading India registers 36.39 lakh EVs, captures 3.38% market share in 5 years
GRAP barricades slow down traffic in Delhi
According to police, as part of their comprehensive efforts to enforce GRAP and ensure a seamless traffic experience, 126 pickets have been strategically positioned throughout the city and its border areas. New Delhi: Traffic congestion was reported at multiple locations across the city on Wednesday as police conducted checks to enforce Graded Response Action Plan… Continue reading GRAP barricades slow down traffic in Delhi
India has to capture global EV market, compete against China: Nitin Gadkari
Gadkari said the current lifecycle cost of lithium-ion battery is USD 115, but will come down to less than USD 100 in the next six months. Union Minister Nitin Gadkari on Thursday said that the Indian electric vehicle industry has the potential to develop 10 times more than what it is currently producing, adding that… Continue reading India has to capture global EV market, compete against China: Nitin Gadkari
Volvo Cars partners with The Nature Conservancy for sustainable mangrove restoration in Indian Sundarbans
Volvo Cars’ collaboration with The Nature Conservancy focuses on mangrove restoration in unprotected areas of the Sundarbans. Mangroves play a vital role in carbon sequestration and coastal protection. Volvo Cars is partnering with The Nature Conservancy to restore mangrove forests in the Indian Sundarbans. This initiative, announced at The Ocean Race Summit in Alicante, Spain,… Continue reading Volvo Cars partners with The Nature Conservancy for sustainable mangrove restoration in Indian Sundarbans
Widespread adoption of EVs is already making some neighbourhoods cleaner, study finds
In order to assess the impact of such widespread electrification, researchers set up an array of sensors in the San Francisco Bay Area, where Teslas and other EVs are a regular sight. If you’ve survived waddling through Bengaluru’s escapable traffic woes for long enough, you’re probably aware of two separate green revolutions that are currently… Continue reading Widespread adoption of EVs is already making some neighbourhoods cleaner, study finds