India Ratings and Research (Ind-Ra) anticipates that the government of India’s (GoI) introduction of a payment security mechanism (PSM) in the 2024 interim budget will stimulate greater competition in electric bus (e-bus) concessions and reduce the per kilometer fee, a critical bidding parameter. The implementation of a PSM is expected to enhance the risk profile… Continue reading Payment security mechanism to drive faster adoption of electric buses
Category: US Motoring Press
Payment security mechanism to drive faster adoption of electric buses
India Ratings and Research (Ind-Ra) anticipates that the government of India’s (GoI) introduction of a payment security mechanism (PSM) in the 2024 interim budget will stimulate greater competition in electric bus (e-bus) concessions and reduce the per kilometer fee, a critical bidding parameter. The implementation of a PSM is expected to enhance the risk profile… Continue reading Payment security mechanism to drive faster adoption of electric buses
Payment security mechanism to drive faster adoption of electric buses
India Ratings and Research (Ind-Ra) anticipates that the government of India’s (GoI) introduction of a payment security mechanism (PSM) in the 2024 interim budget will stimulate greater competition in electric bus (e-bus) concessions and reduce the per kilometer fee, a critical bidding parameter. The implementation of a PSM is expected to enhance the risk profile… Continue reading Payment security mechanism to drive faster adoption of electric buses
IESA announces India Reuse and Recycle Council (IRRC) to advance battery recycling and second-life applications
In response to the urgent need for sustainable battery solutions, the India Energy Storage Alliance (IESA) has unveiled the India Reuse and Recycling Council (IRRC), aimed at fostering a robust ecosystem for battery recycling and second-life applications in India. The primary goal of IRRC is to identify opportunities and challenges and chart a roadmap for… Continue reading IESA announces India Reuse and Recycle Council (IRRC) to advance battery recycling and second-life applications
IESA announces India Reuse and Recycle Council (IRRC) to advance battery recycling and second-life applications
In response to the urgent need for sustainable battery solutions, the India Energy Storage Alliance (IESA) has unveiled the India Reuse and Recycling Council (IRRC), aimed at fostering a robust ecosystem for battery recycling and second-life applications in India. The primary goal of IRRC is to identify opportunities and challenges and chart a roadmap for… Continue reading IESA announces India Reuse and Recycle Council (IRRC) to advance battery recycling and second-life applications
BYD Seal EV India launch on March 5
BYD Auto is set to expand its portfolio in India with the launch of a third model, the Seal all-electric sedan. The Seal EV will join the Atto 3 SUV and e6 MPV in BYD’s India line-up on March 5; as we had reported earlier, dealers have already unofficially begun accepting bookings for the model. The Seal has also been… Continue reading BYD Seal EV India launch on March 5
BYD Seal EV India launch on March 5
BYD Auto is set to expand its portfolio in India with the launch of a third model, the Seal all-electric sedan. The Seal EV will join the Atto 3 SUV and e6 MPV in BYD’s India line-up on March 5; as we had reported earlier, dealers have already unofficially begun accepting bookings for the model. The Seal has also been… Continue reading BYD Seal EV India launch on March 5
Nexzu Mobility announces dealership network expansion to meet growing electric cycle demand
In response to the growing demand for electric cycles, Nexzu Mobility, a player in the urban transportation sector, has unveiled its plans to ramp up its dealership network. The company is poised to expand its current retail footprint by eightfold before the close of the calendar year. The strategic move aims to establish a network… Continue reading Nexzu Mobility announces dealership network expansion to meet growing electric cycle demand
No price revisions for Mahindra XUV400 EV
Mahindra will not be instituting any price cuts for its XUV400 EV. This comes in light of the EV SUV’s closest competitors, the Tata Nexon EV and the MG ZS EV, recently having seen a reduction in prices. Tata Motors slashed Nexon EV prices by up to Rs 1.2 lakh, while MG Motor India introduced a… Continue reading No price revisions for Mahindra XUV400 EV
No price revisions for Mahindra XUV400 EV
Mahindra will not be instituting any price cuts for its XUV400 EV. This comes in light of the EV SUV’s closest competitors, the Tata Nexon EV and the MG ZS EV, recently having seen a reduction in prices. Tata Motors slashed Nexon EV prices by up to Rs 1.2 lakh, while MG Motor India introduced a… Continue reading No price revisions for Mahindra XUV400 EV