Akhil Koshy

Electric 3-Wheelers: Spearheading the EV transition Electric three-wheeler (E3W) has been the persistent front-runner for EV revolution in India. Among all the electric vehicles sold, E3Ws constitute the major chunk of the EV sales. Albeit, the registered E3Ws in India own a tiny share in the entire E3W stock which is dominated by unorganized players. Registered sales of EVs in H1 2020 (Jan-June) is 54,577 units. Out of this, a whopping 78% i.e 42,513 units are comprised by E3Ws alone.…

Electric Buses Modus Operandi in India For electric buses, the Department of Heavy Industries (DHI), under FAME scheme, has approved two e-bus procurement methods/ operation models: Outright purchase model:  In outright purchase model, the DHI provides a 60% subsidy for procurement and the rest is borne by the State Road Transport Corporations (SRTCs). The SRTCs own the e-bus fleet and is responsible for its O&M activities. Gross Cost Contract (GCC) model (a type of PPP model): In case of Gross…

34 new electric two-wheeler models launched in the last 2 years In the last two years, about 14 new electric two wheeler models with speed under 25 kmph and 20 models with a top speed in the range of 40-147 kmph were launched. However, the market didn’t see any new entry with speed limits of 25-40 kmph. As per FAME 2 guidelines, only the E2Ws with speed higher than 40 kmph are eligible for incentives. This could be the reason…