#subsidy on electric vehicles in delhi

[emma6677]

Delhi Government’s EV Subsidy and TATA Power-DDL Supercharge SWITCH Delhi

In collaboration with DISCOMs, the Delhi Government has initiated a unified platform to facilitate the setup of private electric vehicle (EV) charging stations across the national capital. This program is specifically aimed at enabling the establishment of EV charging stations at residential and semi-public locations within the Delhi region.

After benefiting from the Delhi government's electric vehicle subsidy, individuals will incur a mere ₹2,500 expense for the installation of a charging point for electric two or three-wheelers. The convenience of a single-window process is now accessible through online platforms and phone calls. Aligned with the private EV charger subsidy initiative of the Delhi Government, Tata Power-DDL has already enlisted the services of 12 vendors to streamline the installation of slow and moderate chargers. Once a request is submitted, the installation and activation of these EV chargers will be finalized within just seven business days. Feel free to click here to view the list of approved vendors.

With the aim of motivating Delhi's residents to transition from traditional automobiles to electric vehicles, the Government of NCT of Delhi initiated the Switch Delhi campaign. As part of this initiative, dedicated social media channels were established to establish a direct link with the city's inhabitants and raise awareness regarding the advantages of embracing electric vehicles.

Embracing Sustainable Alternatives: The Electric Vehicle (EV) Movement:

TATA Power-DDL has consistently taken the lead in adopting innovative technologies and fostering sustainable progress. We stand behind the Indian Government’s 'National Electric Mobility Mission' and the Delhi Government's aspiration to drive Switch Delhi Campaign and position Delhi as the country's electric vehicle hub.

Committed to sustainable progress, we actively engage in devising effective business models and advanced technologies that deliver significant positive outcomes for society.

In alignment with this principle, advocating for E-vehicles within the National Capital Territory stands as a paramount objective, given the escalating levels of air pollution in the region.

The critical air quality situation in Delhi necessitates urgent action, particularly with vehicles emerging as a primary source of atmospheric contamination in the capital.

Accelerating the adoption of Delhi government's electric vehicle subsidy emerges as a pivotal strategy for enhancing air quality, curbing noise pollution, and mitigating greenhouse gas emissions.

Tata Power-DDL is actively spearheading the development of public charging stations and battery-swapping infrastructure within its designated jurisdiction, championing a paradigm shift towards eco-conscious and pristine transportation solutions.

#DISCOMs #Delhi Government #Delhi government's electric vehicle subsidy #Switch Delhi campaign #Electric Vehicle Movement #Tata Power-DDL

[martin-cambell]

Tesla’s Meeting with Modi Sparks Buzz Amid EV Market Surge!

Billionaire entrepreneur Elon Musk has confirmed his upcoming visit to India, where he is scheduled to meet with Prime Minister Narendra Modi. This announcement comes amid growing speculation that Tesla, the electric vehicle (EV) manufacturer led by Musk, is actively exploring options to establish a manufacturing facility within the country.

Elon Musk conveyed his anticipation for the meeting with Prime Minister Modi via the X platform. Reuters reports that the meeting is set to take place during the week of April 22, with the venue in New Delhi. This meeting follows their last encounter in New York in June. Throughout this period, Tesla has been engaged in discussions with Indian authorities to advocate for reduced import taxes on electric vehicles, while also evaluating the feasibility of local production.

Tesla has been seeking a local partner to facilitate its entry into the Indian market. Discussions have allegedly taken place with Mukesh Ambani’s Reliance Industries (RIL) regarding a potential joint venture to establish an EV manufacturing unit. Additionally, Financial Times disclosed that Musk dispatched a team to India in April to scout for suitable locations for a proposed electric car plant valued between $2 billion to $3 billion.

While Tesla prepares to enter the Indian market, it faces intensified competition globally, leading to a notable decline in sales during the first quarter of 2024. This downturn in sales coincides with the rise of Chinese EV manufacturers like BYD, which surpassed Tesla as the world’s top-selling electric carmaker. In India, the EV market remains nascent, with domestic players like Tata Motors currently dominating. However, the government aims to boost EV adoption significantly by 2030, with state subsidies and infrastructure improvements expected to drive a 66% increase in EV sales this year, according to Counterpoint research.

Elon Musk’s visit to India and the anticipated meeting with Prime Minister Modi underscore Tesla’s strategic interest in establishing a presence in one of the world’s largest automotive markets while navigating the complexities of global competition and local regulatory dynamics.

Also Read

Kia’s Affordable Electric Drive: Carens EV To Hit Indian Roads By 2025 With Awesome Features!

#Elon Musk #Tesla India #PM Modi

[skyride-e-rickshaw]

Challenges Hindering the E-Rickshaw Revolution in Delhi

As Delhi endeavors to embrace electric rickshaws, it faces a myriad of challenges that impede the smooth transition to these eco-friendly vehicles. Let's delve into these hurdles

Lack of Charging Infrastructure: The absence of adequate charging stations is a major roadblock. E-rickshaw drivers struggle to find convenient spots for charging, hampering their operational efficiency.

Power Theft Woes: Illegal tapping of electricity for charging e-rickshaws not only poses financial losses for power companies but also raises safety concerns. Curbing this practice requires stringent enforcement and monitoring.

Financial Strain on Drivers: With limited income opportunities, e-rickshaw drivers find it challenging to make ends meet. Fixed fares, restrictions on routes, and vehicle confiscations add to their financial woes, jeopardizing their livelihoods.

Registration and Licensing Hurdles: Many e-rickshaw operators work without proper registration and licenses, leading to legal complications and safety risks. Simplifying registration processes and reducing costs can formalize operations and enhance safety standards.

Financial Barriers to Adoption: High upfront costs and financing difficulties deter many from transitioning to e-rickshaws. Offering subsidies and flexible financing options can alleviate this burden and promote wider adoption.

Retrofitting Complexities: Retrofitting conventional vehicles with electric powertrains presents technical and financial challenges. Making retrofitting more accessible and cost-effective is crucial for accelerating the shift to electric mobility.

Tackling these obstacles demands a multi-faceted approach, including the development of robust charging infrastructure, crackdown on power theft, financial assistance for drivers, streamlined regulatory processes, and incentivizing the adoption of electric vehicles. Only by addressing these challenges can Delhi pave the way for a greener and more sustainable transportation future.

#e rickshaw in delhi #e rickshaw manufacturers

[researchrealmblog]

Increasing Proliferation of Electric Rickshaws Driving Electric Rickshaw Motor and Controller Sales in India

Due to a number of growth factors, such as the increasing number of electric rickshaws on Indian roads and their surging average age and low operating cost, and government incentives and environmental policies, the Indian electric rickshaw motor and controller marketis expected to continue to witness rapid growth over this decade.

Get More Insights: https://www.psmarketresearch.com/market-analysis/india-electric-rickshaw-motor-and-controller-market

The demand for such motors and controllers in India is increasing owing to the proliferation of electric rickshaws in the nation, due to the escalating need for low-cost vehicles for first/last-mile connectivity, government support in the form of incentives, and their low operating cost. For instance, there were over 7 lakh electric rickshaws on Indian roads in 2018, which increased by about 6 lakh units from the number recorded in 2014. The sudden rise in the number occurred mainly due to the incentives and environmental policies implemented by the government.

Motors rated at 1,001–1,500 Watts of power outsell all other variants due to the existence of several local and unorganized companies providing 1,001–1,500-W electric motors in large numbers. Whereas, 1,501–2,000-W and >2,000-W motors are projected to observe a massive rise in their sales in the coming years. This would be because currently, most of the e-rickshaws are used to ferry passengers, but those used for transporting cargo are witnessing a rapid increase in sales around the country.

Battery rickshaw manufacturers, owners, and drivers generate the highest demand for motors and controllers. These rickshaws are the best substitutes for cycle rickshaws, as they do not require human power for propulsion and are relatively easy to operate. Moreover, due to their low operating and purchase costs than traditional auto rickshaws, the sale for battery rickshaws is increasing.

State-wise, Delhi registers the highest revenue from the sale of these components on account of the high sales of electric rickshaws and surging air pollution level in the state. In response to this, a subsidy of $439.6 (INR 30,000) on electric rickshaws was provided by the Delhi government in 2016. Similarly, product sales are burgeoning in Uttar Pradesh owing to the rising demand for electric rickshaws in the Tier-1 and Tier-2 cities, as well as the rural areas of the state.

However, in the past, the motors and controllers available in the country had no guarantee of quality, as they were produced by independent entities working at small factories often established inside workers’ homes. But, now, since the government implemented GST, such unorganized players have found it hard to sell their products, and they are now being overrun by established and well-known OEMs, such as Mahindra, Hero, and those based in China.

Thus, the growing adoption of electric rickshaws in India will drive the demand for motors and controllers in the foreseeable future.

#India Electric Rickshaw Motor and Controller Market Share #India Electric Rickshaw Motor and Controller Market Size #India Electric Rickshaw Motor and Controller Market Growth #India Electric Rickshaw Motor and Controller Market Applications #India Electric Rickshaw Motor and Controller Market Trends

[endrusmithreal]

Navigating Electricity Price Trends: Tips for Businesses and Homeowners

Electricity is a power source or energy generated by free-flowing charged particles. It is carried or can be transported with the help of metal wires. It has an enormous number of applications on a large scale, which includes heating, lighting, power production, and much more. Primary sources like wind, water, natural gas, coal, petroleum, nuclear energy, geothermal energy, or solar energy are converted and used to produce Electricity commercially. It is then derived to generate heat and other forms of energy, which is then used for various other industrial purposes.

Request for Real-Time Electricity Prices: https://procurementresource.com/resource-center/electricity-price-trends/pricerequest

The key importing countries for Electricity include Vietnam, India, and Mexico. On the other hand, the primary exporting countries for the same are China, Vietnam, and India.

Key Details About the Electricity Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Electricity price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Electricity Price Trends, including India Electricity price, USA Electricity price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Electricity Price Trend:

It is used in factories to empower the machinery used for manufacturing other products. Giant magnets use Electricity to charge themselves, which is then used to lift heavy materials. Activities like welding, drilling, and installing structures like gates and windows or empowering lifts require electrical power. It is a basic requirement in any public space, including offices, schools, buildings, hospitals, factories, manufacturing units, etc.

Additionally, household gadgets like MP3 players, televisions, air conditioners, toasters, refrigerators, phones, lamps, fans, and everything installed runs with the help of Electricity. It is required to process surgical procedures in the hospitals. It is required in the automobile or automotive sectors for charging batteries, especially in E-vehicles and trains. The giant power cells in space vehicles require electrical power to enable a continuous energy supply outside the atmosphere.

Key Players:

State Grid Corporation of China (SGCC)

Enel Group

General Electric Co

Korea Electric Power Corporation (KEPCO)

Tokyo Electric Power Company Holdings Inc (TEPCO)

EDF (Électricité de France) S.A.

RWE AG

News & Recent Development

Date: April 15, 2023- The New Delhi government announced continuing the Electricity subsidy plan, as Lieutenant Governor V.K Saxena approved the file on Friday.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

#Electricity Price Trends #Electricity Prices #Electricity Market

[imeservices]

Incentives and subsidies for EV buyers

Incentives and subsidies for electric vehicle (EV) buyers have played a significant role in the rapid growth of the electric scooter manufacturers in india. The Indian government, along with various state governments, has introduced several initiatives to promote the adoption of electric vehicles and make them more accessible to the general public.

One of the main incentives for EV buyers in India is the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. This scheme provides financial incentives to both buyers and manufacturers of electric vehicles. Under FAME, buyers of electric cars and two-wheelers are eligible for subsidies, which can significantly reduce the upfront cost of purchasing an EV. Additionally, the scheme also supports the establishment of EV charging infrastructure across the country.

Apart from the central government's FAME scheme, many state governments have also introduced their own incentives and subsidies to encourage the adoption of electric vehicles. For instance, some states offer additional financial incentives on top of the central government's subsidy, making EVs even more affordable for buyers. Additionally, states like Delhi and Maharashtra provide benefits such as exemption from road tax and registration fees for electric vehicles.

In addition to financial incentives, the government has implemented various policies to support EV buyers. For example, the Goods and Services Tax (GST) on electric vehicles is significantly lower compared to conventional vehicles, making them more cost-effective for consumers. Furthermore, EV buyers can also avail themselves of benefits such as reduced toll charges and priority parking in certain areas.

These incentives and subsidies have not only made electric vehicles more affordable but have also contributed to reducing the country's greenhouse gas emissions and dependence on fossil fuels. The government's commitment to promoting electric mobility is evident in its efforts to continuously enhance and expand these incentives, ensuring a bright future for the electric vehicle industry in India.

Overall, the availability of incentives and subsidies for EV buyers in India has played a crucial role in revolutionizing the roads and driving the growth of the electric vehicle market. As the government continues to introduce supportive policies and schemes, more and more people are expected to embrace electric mobility, leading to a cleaner and greener future for the country.

[handoverin]

Handover’s Electric Vehicle Delivery Service

Logistics Sector में Electric Vehicles (EVs) का भविष्य बहुत उज्जवल है, क्योंकि EVs से  Delivery Operation में खर्च कम होती है। इसका सबसे बड़ा कारण है EVs को चलाने के लिए Petrol और Diesel जैसे महंगे ईंधन की जरुरत नहीं पड़ती हैं, बल्कि ये Charging के आधार पर चलती हैं। Handover Delivery Service देने के लिए EVs का इस्तेमाल करता है। EVs की मदद से Handover Sustainable Delivery करने में सक्षम है। इसके कई फायदे हैं जैसे कि CO2 और अन्य हानिकारक गैस EV से नहीं निकलती है जिससे Global Warming से बचा जा सकता है। इसके इलावा ये Cost-effective Delivery Service के लिए पहचानी जाती है। Handover की EV Delivery Service से Businesses और उनके Customers हो रहे हैं खुश, क्योंकि Delivery Cost हो रही है कम। इसकी वजह से Businesses लगातार Handover को अपने Customers के Delivery Orders भेज रहे हैं।  Handover की EV Delivery Service in Delhi, Mumbai, Noida और भारत के दूसरे शहर में मौजूद है। 

नीति आयोग और Rocky Mountain Institute की रिपोर्ट मुताबिक, Delivery Service के क्षेत्र में EVs का इस्तेमाल कर के भारत 2030 तक Logistics लागत में अपनी GDP के 4% तक की कमी ला सकता है। इसके इलावा EVs के इस्तेमाल से 2030 तक लगभग 10 Gigaton CO2 को पर्यावरण में फैलने से भी बचाया जा सकता है। भारत सरकार EVs का इस्तेमाल करने के लिए Logistics Service Companies को प्ररित कर रही है, जिसके तहत उन्हें Subsidy दे रही है। अगर Retailers Handover के साथ जुड़ते हैं तो उन्हें बहुत सारे फायदे होंगे। उनमें से एक है, Handover की On-demand EV Delivery Service। Retailers, अगर Handover से जुड़ना चाहते है तो तुरंत Handover की Website पर जा कर संपर्क करे।   

#handover #delivery services #business

[anikaarickshaw]

Investing in Anikaa E-Rickshaws: A Lucrative Business Opportunity in India

The transportation landscape in India is rapidly evolving, with a growing emphasis on sustainable and eco-friendly mobility solutions. In recent years, the Anikaa E-Rickshaw market has witnessed significant growth, driven by the increasing demand for electric vehicles and the government's focus on promoting clean and green transportation. This article explores the potential for entrepreneurs and B2B investors to capitalize on the booming E-Rickshaw market in India, covering factors such as cost, profitability, government incentives, and market trends.

1. Booming E-Rickshaw Market in India

The E-Rickshaw market in India has experienced exponential growth in the past few years. These electric vehicles have gained popularity as an affordable and eco-friendly alternative to traditional auto-rickshaws, offering lower operating costs and zero tailpipe emissions. With rising awareness about environmental sustainability and the benefits of electric mobility, the demand for E-Rickshaws is expected to continue its upward trajectory.

2. Cost-Effectiveness and Profitability

One of the key factors driving entrepreneurs and B2B investors towards E-Rickshaws is the cost-effectiveness and profitability of the business. Compared to traditional auto-rickshaws running on fossil fuels, E-Rickshaws offer lower operating costs due to their reliance on electricity. The cost of charging the batteries is significantly lower than the expense of purchasing petrol or diesel. This translates to higher profit margins for Anikaa E-Rickshaw operators, making it an attractive investment option.

3. Government Incentives and Support

The Indian government has been actively promoting electric mobility as part of its efforts to combat air pollution and reduce dependence on fossil fuels. As a result, various incentives and support measures are available to encourage the adoption of E-Rickshaws. These incentives may include subsidies on vehicle purchases, tax benefits, and assistance in setting up charging infrastructure. Entrepreneurs and B2B investors can take advantage of these government incentives to reduce initial investment costs and boost profitability.

4. Market Trends and Consumer Demand

Market trends indicate a significant shift in consumer preferences towards eco-friendly transportation options. As the awareness of environmental issues grows, consumers are increasingly seeking greener alternatives for their daily commuting needs. E-Rickshaws cater to this demand, providing an eco-friendly and convenient mode of transport. Moreover, the convenience of E-Rickshaws for last-mile connectivity in crowded urban areas further boosts their appeal among commuters.

5. Collaborating with Reputable E-Rickshaw Suppliers and Manufacturers

When considering investing in the E-Rickshaw business, it is essential to collaborate with reputable E-Rickshaw suppliers and manufacturers. Anikaa Electric Vehicles (Anikaa EV) stands out as a leading player in the electric mobility sector in India. Their range of high-quality and reliable E-Rickshaws, along with their commitment to sustainability and innovation, makes them an ideal partner for entrepreneurs and B2B investors looking to enter the E-Rickshaw market.

6. Locally Sourced and Customized E-Rickshaws

Anikaa EV emphasizes localization and customization to meet the unique needs of the Indian market. Their E-Rickshaws are designed to withstand Indian road conditions and cater to local preferences. This localization approach not only ensures customer satisfaction but also aligns with the 'Make in India' initiative, supporting domestic manufacturing and promoting self-reliance.

7. Exploring Opportunities in Gurgaon

Gurgaon, a prominent satellite city of Delhi, is a prime location for investing in Anikaa E-Rickshaws. The city's rapid urbanization, dense population, and last-mile connectivity challenges create a favorable environment for E-Rickshaw operations. Entrepreneurs and B2B investors can explore opportunities in Gurgaon by collaborating with Anikaa E-Rickshaw dealers in the region and leveraging the city's growing demand for sustainable transportation solutions.

Conclusion

Investing in E-Rickshaws presents a lucrative business opportunity for entrepreneurs and B2B investors in India. With the booming E-Rickshaw market, cost-effectiveness, government incentives, and growing consumer demand for eco-friendly transportation options, the potential for success in this sector is immense. Collaborating with reputable E-Rickshaw suppliers and manufacturers like Anikaa Electric Vehicles ensures access to high-quality and locally customized E-Rickshaws that meet market demands. Moreover, exploring opportunities in strategic locations like Gurgaon further enhances the prospects of profitability and growth.

As the world shifts towards sustainable and green mobility, investing in E-Rickshaws aligns with India's vision of promoting electric vehicles and reducing carbon emissions. By embracing this lucrative business opportunity, entrepreneurs and B2B investors not only contribute to a cleaner and greener future but also position themselves at the forefront of the electric mobility revolution in India. With the right approach and collaboration, the E-Rickshaw business promises to be a rewarding and impactful venture, shaping the future of urban transportation in the country.

[woce1]

Net zero by 2070: India’s shift to e-mobility

30 September, 2022

WOCE Team

By committing an economy to a 1 billion tonne reduction in predicted carbon emissions by 2030, India’s net zero objective for 2070 demonstrates the intention to undertake decarbonization. The inter-sectoral contributions of states, industries and companies will be essential in accomplishing this aim, even though this lays out a clear path for India to take.

In India, the transportation sector is one of the major emitters. India must prioritise this area if it is to reach the net zero goal. Without quick electrification of vehicle fleets, emissions associated with transportation will soar by 2050, significantly hastening climate change. Critical actions, such as the following, are urgently needed to create an EV ecosystem in India.

Infrastructure fees for business parks and public roads

Medium and long-haul freight as well as the electrification of last-mile delivery, powered by renewable energy

Government at work: Strengthening policy backing

The Indian government has created the conditions for quick uptake of electric mobility. To support reaching the target of 30% EVs by 2030, a clever combination of purchase reductions across a variety of vehicle categories, lower road taxes, and scrapping and retrofit incentives is needed. The cost of oil imports, rising pollution, and India’s international responsibilities to combating climate change are the driving forces behind its recent measures to quicken the transition to e-mobility.

1. Demand incentives for Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) Around 160,000 EVs had received demand incentives totaling $75 million USD under FAME II as of November 2021. More than 6,300 e-buses, 2,870+ EV charging stations in 68 cities, and 1,576 charging stations on nine expressways and 16 motorways have all been approved by the incentive programme. All this could hasten the adoption of electric two-wheelers, three-wheelers, and e-buses throughout the nation.

2. Production-linked Incentive (PLI) Programme The Indian government launched a 2.4 billion USD PLI project for ACC storage manufacture in May 2021 to build a local manufacturing capacity of 50 GWh of ACC and 5 GWh of “niche” ACC capacity. This would increase capacity, localise the EV supply chain, and reduce dependency on imports. Reliance, Hyundai, Ola, and M&M are just a few of the well-known Indian companies that have submitted bids totaling roughly 130 GWh. To promote the production of electric and hydrogen fuel cell vehicles, the central government also authorised 3.4 billion USD for automobiles and automobile components in September 2021.

3. State policies on EV EV-specific policies have been enacted by several states. Incentives on the supply side include:

Subsidy for a capital interest

Refunds for stamp duties

Tax exempt status

Refund for state goods and services tax (SGST)

Offering interest-free loans will encourage EV manufacturers.

There are financial incentives, exemptions from road tax, and registration fee reductions on the demand side. The governments of Delhi and Maharashtra have made announcements about initiatives to hasten the adoption of EVs. By 2024, EVs in Delhi are expected to account for 25% of all new vehicle registrations. By 2025, 10% of all new vehicle registrations in Maharashtra will be electric vehicles.

Companies setting the bar high: Ambition and action

Exide and Amara Raja Batteries, two well-known producers of automotive lead-acid batteries, are pioneers in focusing fresh investments on environmentally friendly technologies like lithium-ion batteries. In response to the opportunity offered by India’s EV industry, business leaders like OLA Electric, Ather Energy, and Mahindra Electric are rapidly growing their market presence.

Due to soaring demand, Ather Energy plans to produce 1 million electric scooters annually.

A 2 billion USD investment was made by Ola’s “Future Factory” to produce 10 million electric scooters annually.

TPEML, a recently established EV subsidiary of Tata Motors, was created to manufacture, design, and develop EV-related services.

Together with Mahindra Group, Hero Electric produces more than 1 million electric two-wheelers annually.

In addition, EV100 members, who are dedicated to a 100% switch to EVs by 2030, are setting the demand side

To hasten the switch to electric vehicles in the last-mile delivery sector, Flipkart has teamed with Hero Electric, Mahindra Electric, and Piaggio.

Initiated by Dalmia Cement, the e-trucks initiative aims to deploy 22 electric trucks by 2022.

The JSW Group has a new EV policy that enables incentives for employees to buy electric two-wheelers or four-wheelers up to $300,000.

Even though the government and private sector are now aware of the enormous benefits of EV adoption, more work needs to be done to accelerate the switch to EVs in India. The demand for the uptake of sustainable transportation must be fueled by the Indian corporate sector. They can also effectively transform outmoded processes by inspiring fresh business concepts.

By increasing EV demand, influencing legislation, and promoting mainstream adoption to make electric transport the new normal by 2030, initiatives like EV100 are extending the frontiers to create a conducive climate for the transition to e-mobility. The ability of EVs to reduce emissions will continue to increase as India’s energy infrastructure becomes more environmentally friendly and new ways to obtain clean electricity surface.

#net zero emissions #carbon footprint #co2 emissions #sustainability reporting #carbon credit price today in india #Carbon footprint calculation #10 simple ways to reduce your carbon footprint

[heroevthudiyalur]

Hero Electric Nyx Cx Er Bike in Thudiyalur 

Hero Electric Nyx Cx Er Bike in Thudiyalur 

TexHero Electric Nyx Cx Er Bike in Thudiyalur NYX is an electric scooter model offered by Hero Electric, a popular electric two-wheeler manufacturer in India. If you're looking for content related to Hero Electric NYX in Coimbatore, it could be about the availability of the NYX model in Coimbatore, its features, specifications, pricing, and performance. after title text example

You may find information about Hero Electric Nyx Cx Er Bike in Thudiyalur, their offers and promotions, and customer reviews about the Hero Electric NYX. Additionally, you could also look for reviews and comparisons of Hero Electric NYX with other electric scooter models available in Coimbatore.Are you tired of rising fuel costs and looking for an eco-friendly alternative to commute in Coimbatore? Look no further than Hero Electric Nyx Cx Er Bike in Thudiyalur . Hero Electric NYX is an electric scooter that offers a range of up to 82 km on a single charge, making it an ideal option for daily commutes and short rides around the city. It is a zero-emission vehicle that runs on electricity and does not emit any harmful pollutants into the environment. With its powerful lithium-ion battery and advanced regenerative braking technology, the NYX offers a smooth and comfortable riding experience.

Hero Electric dealerships that offer the NYX model. Visit your nearest optima cx er in Coimbatore showroom to experience the NYX first-hand and explore its features, specifications, and pricing. With its low maintenance and operating costs, the

nyx in Coimbatore is a cost-effective and sustainable mode of transportation that can help you save money and reduce your carbon footprint.

So, why wait? Make the switch to optima cx er in Coimbatore and contribute to a greener and cleaner Coimbatore today!

Hero Electric Nyx Cx Er Bike in Thudiyalur

City speed variant with speed of more than 42km/hr.

Ex-showroom Price ₹ 86,540

*Price is after deducting Revised FAME 2 Subsidy.

*Registration, Road Tax, Insurance and accessories is excluded

*Prices are subject to change without notice. Hero Electric Vehicles Private Limited reserves the *Additional Subsidy applicable in Delhi, Rajasthan and Gujarat as per the state government directive. Please contact your nearest dealer.

*Amount would be credited by the State Transport Department directly in the customer account.

right to modify the prices at its discretion.

Hero Electric Nyx Cx Er Bike in Thudiyalur 

TexHero Electric Nyx Cx Er Bike in Thudiyalur NYX is an electric scooter model offered by Hero Electric, a popular electric two-wheeler manufacturer in India. If you're looking for content related to Hero Electric NYX in Coimbatore, it could be about the availability of the NYX model in Coimbatore, its features, specifications, pricing, and performance. after title text example

You may find information about Hero Electric Nyx Cx Er Bike in Thudiyalur, their offers and promotions, and customer reviews about the Hero Electric NYX. Additionally, you could also look for reviews and comparisons of Hero Electric NYX with other electric scooter models available in Coimbatore.Are you tired of rising fuel costs and looking for an eco-friendly alternative to commute in Coimbatore? Look no further than Hero Electric Nyx Cx Er Bike in Thudiyalur . Hero Electric NYX is an electric scooter that offers a range of up to 82 km on a single charge, making it an ideal option for daily commutes and short rides around the city. It is a zero-emission vehicle that runs on electricity and does not emit any harmful pollutants into the environment. With its powerful lithium-ion battery and advanced regenerative braking technology, the NYX offers a smooth and comfortable riding experience.

Hero Electric dealerships that offer the NYX model. Visit your nearest optima cx er in Coimbatore showroom to experience the NYX first-hand and explore its features, specifications, and pricing. With its low maintenance and operating costs, the

nyx in Coimbatore is a cost-effective and sustainable mode of transportation that can help you save money and reduce your carbon footprint.

So, why wait? Make the switch to optima cx er in Coimbatore and contribute to a greener and cleaner Coimbatore today!

Hero Electric Nyx Cx Er Bike in Thudiyalur

City speed variant with speed of more than 42km/hr.

Ex-showroom Price ₹ 86,540

*Price is after deducting Revised FAME 2 Subsidy.

*Registration, Road Tax, Insurance and accessories is excluded

*Prices are subject to change without notice. Hero Electric Vehicles Private Limited reserves the *Additional Subsidy applicable in Delhi, Rajasthan and Gujarat as per the state government directive. Please contact your nearest dealer.

*Amount would be credited by the State Transport Department directly in the customer account.

right to modify the prices at its discretion.

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visit : https://www.smecomotors.in/product/hero-electric-nyx-cx-er-bike-in-thudiyalur/

Contact Number : 9994475295

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[gadgetsforusesblog]

EV Price: Price of three wheeler electric vehicles may decrease, manufacturers await government approval on subsidy - three wheeler ev companies seek 50% hike in fame-ii subsidy

New Delhi : The use of electric vehicles is increasing rapidly in the country. Most three wheeler electric vehicles are running on the roads. They are being used as passenger vehicles as well as commercial vehicles. To meet the growing demand for three-wheeler electric vehicles, manufacturers are expecting 50 per cent fame subsidy. Industry officials said manufacturers of electric three-wheelers…

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[okayaevprince]

Choosing the Best Electric Scooter in India With Price

Best Electric Scooter in India

Electric vehicles are becoming highly popular in India, and many prefer them over motor vehicles. Over 18 lakh electric vehicles are registered in India, with Uttar Pradesh, Delhi, and Maharashtra being the most EV sellers. The rise in the cost of petrol is the primary reason why the demand for electric vehicles has been skyrocketing the recent years. On the other hand, two-wheelers are the most preferred electric vehicle by Indians because of numerous reasons like cost, efficiency, and many others.

Currently, there are around 100 electric scooter models in the market with varying capacities and efficiency. India's leading electric scooter manufacturers include TVS, Bajaj, Yamaha, Okinawa, etc. Some vital information regarding choosing the best electric scooter in India with price requirements is mentioned here in this article.

Why is there a massive increase in the demand for electric scooters in India?

Electric scooters are becoming the best alternative to petrol scooters because of the rising fuel prices in India. The Indian Government is working to reduce pollution produced by automobiles, and one way they do this is by subsidizing the purchase of electric two-wheelers. The Indian electric two-wheeler market is overwhelmingly dominated by scooters and other two-wheelers. Many manufacturers are investing heavily in R&D to develop batteries with increased performance per charge and reduced charging time. Electric two-wheelers are in high demand due to the ease of travel and comfort they offer, along with their low operating costs.

Government initiatives supporting electric vehicles

To encourage the adoption of electric vehicles, the Government has offered financial subsidies under FAME II and independent state EV policies. Other factors include increasing supplies of key components, declining battery cell prices despite rising fossil fuel costs, public awareness, and consumer acceptance.

An affordable and environmentally friendly option

Electric scooters have the potential to reduce air pollution, carbon emissions, India's oil dependency, and many others. They typically require less maintenance than traditional automobile models and generally cost less to operate over time. In addition, electric scooters are estimated to provide a better performance range per charge compared to gasoline-powered equivalents.

Development of advanced technology

Technological development is continuously evolving worldwide, including in India. You can find automotive advancements in EVs, like continual innovation and advancement in technologies such as artificial intelligence, more comfortable driving experiences, enhanced security features, and longer travel ranges. Mostly the technological advancements in electric scooters are driven by advances in lithium-ion batteries. This battery offers increased reliability over lead acid batteries due to its ability to store charge with low maintenance and charging time.

Availability of a wide range of models at low cost than motorcycles (traditional)

Electric scooters dominate the Indian electric two-wheeler market based on popularity and affordability. A wide variety of models are available, with lower prices than traditional motorcycles. Thus, it has become a good choice for everyone looking for an affordable option.

A guide for choosing the best electric scooter in India

Currently, you have tons of electric scooters in the market manufactured by numerous brands. In addition, you can find numerous models of electric scooters with varying speeds and power capacities. Thus, it can make it hard for you to choose the suitable model and brand that helps meet your requirement.

Price

Price is an important thing to consider when purchasing an electric scooter. Usually, the price of an EV mainly depends on its battery type. However, top-brand electric scooters (top companies) are still considered to be expensive in India. So make sure you know all the relevant costs associated with buying an electric scooter – on-road price, financing options if available, and any tax benefits that come along with it.

Tax benefits offered by the Government

To take advantage of incentives offered by the Indian Government to promote electric vehicle sales, you can claim a refund on your purchase loan and tax breaks. Indian Government is currently offering numerous tax benefits regarding a loan for purchasing an electric vehicle.

Vehicles range

When purchasing an electric vehicle, it is essential to consider its range. Like fuel efficiency, there exists a difference between the range claimed by the manufacturer and the actual range. So, knowing how far the vehicle can travel on a single battery charge is necessary. Currently, in India, you will find electric scooters with ranges up to 200 kilometers. In addition, some models now come equipped with additional batteries for increased mileage potential. If you are someone who travels large distances each day, then you should look for something that offers ample range.

Other things to consider

Warranty

Value of the EV brand

Battery quality and life

Power and performance

Charging time

Additional features

Conclusion

You can find plenty of electric scooter models in numerous brands in the Indian EV market. Faast F4, Faast F2B, Faast F2T, and Freedum are famous electric scooter models that Okaya EV offers. If you are trying to find a leading electric scooter manufacturer in India, then Okaya EV would make a perfect choice. Above all, choose the best electric scooter in India, which has the best battery capacity and long range.

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[newslobster]

Centre Steps Up Audit Of EV Firms Taking Subsidies: Report

Centre Steps Up Audit Of EV Firms Taking Subsidies: Report

The centre will stop its subsidy scheme for firms against which complaints have been received.(File) New Delhi: The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received, CNBC TV 18 reported on Wednesday, citing sources. The government may ask some of the companies to return the subsidies received already, the report…

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[petnews2day]

Elon Musk has ‘freed the bird’, but has he slipped into China’s cage?

New Post has been published on https://petnews2day.com/pet-news/bird-news/elon-musk-has-freed-the-bird-but-has-he-slipped-into-chinas-cage/

Elon Musk has ‘freed the bird’, but has he slipped into China’s cage?

New Delhi: While Elon Musk has touted his acquisition of Twitter as “freeing the bird”, as the freeing of speech and expression, ironically he seems to be cozying up to China too at the same time. All of this, according to reports, is to push up Tesla’s business in China.

Musk getting mushy with China

There has been rising demand for clean cars and to cater to this, the competition among automakers has become fierce in China.

Notably, three US-listed EV makers, Nio Inc., Li Auto Inc., and Xpeng Inc. have ceded ground to BYD and Elon Musk owned Tesla in China.

Last month, Tesla cut prices across its line-up in China, partly reversing several increases earlier this year, as Musk’s EV pioneer seeks to increase sales after is Shanghai factory doubled annual production capacity to about 1 million cars.

These developments come months after Musk was seen getting pally with China’s ambassador to the United States, Qin Gang, even as the American business tycoon remains critical of the country’s president Joe Biden.

The meeting between Musk and Gang held great symbolism, since it highlighted that in sharp contrast to Musk’s critique of the US, he was in good terms with of the country’s biggest business rivals – China.

For many in Washington, this proximity between Musk and China is a cause of concern since the two countries have become stark competitions in tech-rich industries such as electric vehicles.

Musk’s fondness for china to increase business prospect

However, one has to realise that Musk‘s growing fondness for China is also to further his own business aspirations as its future relies as much on China as it does on its home country.

Furthermore, with Musk’s acquisition of Twitter, critics now fear that he will be compromised by his China business and go soft on Beijing’s abuse of social media platforms to bully opponents and spread misinformation.

But Musk is not a unique case; many American executives still view China as a strategic necessity, with the lure of its 1.4 billion market a potent concern that could lead to geopolitical concerns.

China welcoming Tesla is a strategic move

While so far, Musk’s good relations with the Chinese government has made for good business, with Tesla becoming the first foreign automaker to strike a deal with them to open a manufacturing operation in China without a Chinese partner in 2018. One has to realise that the Chinese government has not welcomes Tesla out of some spirit of a more cordial US- China collaboration. The country has supported the American businessman’s enterprise because China needs him as much as he needs the country.

But, China still requires American technology, expertise, and capital to help topple US as the world’s premier superpower – feat Tesla helps achieving. China leadership also wants to make Tesla another international business dependent on China market.

Michael Dunne, the chief executive officer of the consultancy ZoZoGo and a former president of General Motors in Indonesia told the publication that what China saw and hoped for was that Tesla would be a catalyst for a mammoth shift in people’s perception of electric vehicles in China, and that hope was realised.

China says will let Tesla build out Gigafactories

Amid all this, the US-China relations are souring, leading to risks of investing in the country. Recently US banks pledged to pull out of China if ordered by Washington because of Chinese attack in Taiwan. While Musk does not seem overly worried at the moment, Kyle Bass, the founder of the investment firm Hayman Capital Management says that China is going to let Tesla build out Gigafactories, figure out how Musk does it and then take advantage.

Tesla announces new China subsidy

A November insurance subsidy worth 8,000 yuan has been announced by Tesla for people buying its EVs in inventory. This comes amid the company’s forecast of increase in orders.

In December, the subsidy will be reduced to 4,000 yuan.

In September, Tesla introduced a 7,000 yuan insurance subsidy on all vehicles after wait times for its EVs fell essentially to zero.

On 24 October, Tesla cut actual Model 3 and Model Y prices in China by as much as 9 per cent. After the October price cuts, Tesla, for a brief period of time, eliminated the insurance subsidy it had implemented in September before reviving it on 8 October.

Tesla vehicles sold in China

Tesla, in October, delivered 71,704 vehicles from its recently upgraded plant in Shanghai. The vehicle sale was up 32 per cent as against a year earlier, but down nearly 14 per cent from the record 83,135 in September.

In October, Tesla exported a record 54,504 vehicles from the Shanghai plant and sold 17,200 in China.

The EV giant reported Q3 deliveries of 343,830 cars, up 42 per cent during the same period last year and above Q1’s record 310,048.

Elon Musk’s net worth falls below $200 billion

Elon Musk has sold 9.5 million Tesla share worth nearly $4 billion over almost a week after he closed his $44 billion Twitter acquisition, as per US Securities and Exchange Commission filings.

Notably, this year alone, Musk has dumped nearly $20 billion in Tesla share.

It seems that Twitter is grabbing maximum of Musk’s attention and it is evident from the action of the concerned Tesla Inc. shareholders who sold their shares, bringing the billionaire’s net worth below $200 billion.

Forbes estimates that Musk’s current net worth is $194.8 billion, with a significant portion of it coming from his about 15 per cent ownership in Tesla, which has a market value of $622 billion.

Is Twitter taking up more of Elon Musk’s attention?

Tesla CEO Musk was quite active on Twitter till last month. However, lately, it appears that he isn’t actively tweeting at light speed as he used to do before acquiring the social media giant. Most of his tweets, especially replies, are restricted to single emojis or one word.

Also, he has not tweeted much about Tesla since he purchased Twitter on 27 October, 2022 after months of back-and forth between him and the microblogging site.

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[imeservices]

The impact of government subsidies on the affordability of electric scooters in India

Affordability of Electric Scooters in India

Electric scooters have gained significant popularity in India in recent years due to their efficient performance, reduced carbon emissions, and lower operational costs compared to traditional petrol-powered scooters. However, one of the main barriers preventing many consumers from adopting electric scooters is their relatively higher upfront cost. To address this issue and promote the adoption of electric vehicles, the government of India has implemented several subsidies and incentives to make electric scooters more affordable for the general public. In this article, we will explore the impact of government subsidies on the affordability of electric scooter manufacturers in India.

Electric Scooter Subsidies in India

The government of India recognizes the importance of transitioning to green and sustainable transportation alternatives. To encourage the use of electric scooters and reduce the country's dependence on fossil fuels, the government has introduced various subsidies and schemes that make electric scooters more accessible and affordable for the masses. One of the key initiatives is the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, which was launched in 2015. Under this scheme, financial incentives are provided to consumers who purchase electric scooters. These incentives take the form of subsidies or cash benefits, effectively reducing the initial cost of an electric scooter.

Additionally, state governments have also implemented their own subsidy programs to further promote electric vehicles. For example, states like Delhi and Maharashtra offer upfront discounts and lower registration fees for electric scooter buyers. These subsidies, along with the central government incentives, significantly bring down the overall cost of owning an electric scooter.

[squarwell-breakingnews]

Govt unveils sovereign green bonds framework - Times of India

Govt unveils sovereign green bonds framework – Times of India

NEW DELHI: The government on Wednesday released the sovereign green bonds framework with the funds raised through the instrument to be used for projects including renewable energy, supporting electric vehicles and promotion of public transport through its electrification and transport subsidies, biodiversity conservation and climate change mitigation. The framework was unveiled after being…

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