Bengal would have almost 850 electric vehicle (EV) charging stations along state and national highways by the end of 2024 to ensure vehicles’ batteries never ran out of charge, said Bengal power secretary S Suresh Kumar, allaying fears among motorists that they might be left without charge in the middle of a dark and deserted… Continue reading 850 EV charging stations to dot West Bengal’s highway network by 2024: Power secretary
Author: Economic Times of India Online News
EV financing startup Vidyut Tech raises $4 million in equity and debt funding
After securing the funding, the startup will partner with more EV makers and expand to more geographies. It will also double the headcount of its credit, engineering, and sales teams. Vidyut Tech, a startup focussed on EV financing and vehicle lifecycle management, has raised $4 million in a mix of equity and debt in a… Continue reading EV financing startup Vidyut Tech raises $4 million in equity and debt funding
Bentley China orders slowed by shutdowns, has no IPO plans
Hallmark said Bentley was unlikely to follow the same road as fellow Volkswagen unit Porsche, which was listed in October, although he did not discount it entirely. By Nick Carey Volkswagen‘s Bentley expects a slight drop in production in 2023 as shutdowns in China have slowed orders, the British luxury carmaker’s chief executive said on… Continue reading Bentley China orders slowed by shutdowns, has no IPO plans
More than 18 lakh electric vehicles registered in India: Gadkari
New Delhi: Union Minister Nitin Gadkari on Wednesday said more than 18 lakh electric vehicles are registered in the country, with Uttar Pradesh, Delhi and Maharashtra emerging as the leading states in EV sales. The road transport and highways minister, in a written reply in the Rajya Sabha, said the maximum number of electric vehicles… Continue reading More than 18 lakh electric vehicles registered in India: Gadkari
EV charging station business may require up to Rs 1.05 lakh crore investment by 2032: Report
Electric vehicle (EV) charging station business may require an investment to the tune of Rs 1.05 lakh crore by 2032 as the country is expected to need 2.30 lakh such facilities during this period, a report said on Wednesday. This massive investment will be required to cater to the growing demand for EVs, which is… Continue reading EV charging station business may require up to Rs 1.05 lakh crore investment by 2032: Report
Audio Interview: Key challenges for the Auto Sector in India- HS Classification & Its importance in Customs Compliance
The interview features Krishna Barad, who is a Partner with the Indirect Tax practice of BDO India, with a special focus on Customs & International Trade. He has over 27 years of experience in Customs, Foreign Trade Policy, International Trade, Shipping & Logistics related matters. In the 19-minute Audio Interview, Barad discusses these questions: … Continue reading Audio Interview: Key challenges for the Auto Sector in India- HS Classification & Its importance in Customs Compliance
Bengal plans 1000 EV charging stations in 2 years
The West Bengal government, in association with EV Expo is organising an EV Rally on December 10. The West Bengal government on Wednesday said it intends to set up 1000 charging stations for electric vehicles (EVs) within the next two years in order to encourage greater adoption of eco-friendly automobiles, an official said on Wednesday.… Continue reading Bengal plans 1000 EV charging stations in 2 years
50 e-charging stations soon at Sector 10 bus depot in Gurugram
The decision comes after a proposal to add 50 electric buses to the Gurugram Metropolitan City Bus Limited (GMCBL) fleet by the middle of 2023. In a push to e-buses, the Gurugram Metropolitan Development Authority (GMDA) has decided to install 44 slow-charging stations and six fast-charging stations at the Sector 10 bus depot. Officials claimed… Continue reading 50 e-charging stations soon at Sector 10 bus depot in Gurugram
Savings, green concerns main reasons to opt for EVs: Survey
It has also highlighted that time taken for a full charge of the battery and availability of fast charging options are major barriers for people to go for EVs. NEW DELHI: Reduction in running cost and environmental concerns are the two main triggers for people to choose electric vehicles (EVs), a survey conducted across 10… Continue reading Savings, green concerns main reasons to opt for EVs: Survey
Apple Car launch delays to 2026, may cost under $1,00,000
Apple is scaling back its vision for the self-driving electric vehicle. Apple has reportedly delayed the launch of its electric vehicle, referred to as the ‘Apple Car’, until 2026 and is expected to be priced under $1,00,000. Apple is scaling back its vision for the self-driving electric vehicle, reports Gizmochina. This vehicle’s project is known… Continue reading Apple Car launch delays to 2026, may cost under $1,00,000