Electric Vehicles

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…

Busting the Myth: Electric Vehicle Technology “Busting the Myth” series is a part of The Climate Group efforts in busting the EV technology myths in the EV ecosystem in India. Read JMK Research & Analytics piece on EV technology. In about a decade, the EV industry has undergone dynamic evolution particularly with the technology that drives these new energy machines. EVs have evolved from unreliable charging and low-power vehicles in the intial days to convenient charging, high-performance transport solutions in the present.…

54.5k high speed electric vehicles sold in H1-2020 in India High-speed (HS) electric vehicles (Top speed – >25 kmph) have a longer gap to bridge with the minds of the Indian consumers than their Low-speed counterparts. The former constitute a minute share of total EV stock of India. As the country grapples with the socio-economic conundrum of an ailing economy and the ongoing cCOVID-19 crisis, the EV market, just like any other, is also facing the brunt of this enormous…

Webinar Insights: Electric Two Wheeler India Market Outlook post COVID-19 As the economy strives to revive itself from the disruption caused by the COVID-induced lockdown, a myriad of entities across the socio-economic spectrum foresee an uncertain future. Yet, there are some like e-mobility which is not only accelerating the wheels of sustainable development, but is also paving new tracks of opportunities in the market. Electric 2-wheeler is the front runner in advancing sustainability for road transport and it is highly…