Sunday, December 22

Tag: Electric Vehicle

SMEV Proposes a Compromise Solution to the FAME Subsidy Payments Issue
EV Industry Updates, Industry Updates

SMEV Proposes a Compromise Solution to the FAME Subsidy Payments Issue

The SMEV today indicated reaching a possible breakthrough on the vexatious issue of subsidy payments that created a crisis in the EV industry and a log jam with the MHI.  SMEV said that post numerous discussions with EV manufacturers, and those who are impacted by MHI’s decisions since the last 18 months, an unusual, but obvious, possibility for a logical solution has emerged and the OEMs have come around to accepting it as the best under the circumstances. This was confirmed after some OEMs collectively wrote to the newly appointed Honorary Chief Evangelist of SMEV, Shri Sanjay Kaul with a consensus on plausible steps and practical solutions that work for all. Following this, Sanjay Kaul has written to Hon’ble Minister, MHI Shri Mahendra Nath Pandey proposing these steps in or...
CHARGE+ZONE Launches ChargeCloud: A state-of-the-art SaaS solution for EV Charging Stations
EV Industry Updates, EV Updates

CHARGE+ZONE Launches ChargeCloud: A state-of-the-art SaaS solution for EV Charging Stations

CHARGE+ZONE, India's fastest growing EV charging company, today announced the launch of ChargeCloud, a network operating software solution for EV charging station management systems. With ChargeCloud, charging station operators can unlock unrivaled potential, supercharge revenue, and maximize charger utilization effortlessly. ChargeCloud offers a wide array of powerful software services that instantly connect chargers to CHARGE+ZONE's robust Charging Station Management System (CMS). For a nominal subscription fee of just Rs 499/-* per charger per month, charging station operators gain access to a suite of features designed to revolutionize their revenue streams. The smart software solution manages charging sessions, increases charger utilization, and provides real-time data insights to...
SMEV Ropes in Sanjay Kaul to Lead Advocacy for the Sector: Suspends Present Constitution Temporarily
EV Industry Updates, EV Updates

SMEV Ropes in Sanjay Kaul to Lead Advocacy for the Sector: Suspends Present Constitution Temporarily

The SMEV has today indicated that it will go into voluntary hibernation to coincide with the appointment of Shri Sanjay Kaul as Chief Evangelist. Mr Kaul has been a prominent civil society and consumer activist and is well known for his role in federating civil society groups in the capital. Mr Kaul has interests in the EV sector and believes strongly in the growth potential and importance of this sunrise industry for the nation. He is actively promoting international investments in the sector in India. The move comes in the wake of the crisis in the EV sector since the last year with almost all OEMs in the sector dealing with issues of non-compliance with Policy details. Speaking on the appointment, Ajay Sharma, Secretary General SMEV said, “We have requested Mr Kaul to help ...
SMEV Petitions NGT: Slashing E2W Subsidy has Disrupted India’s Transition to Clean Fuel
EV Industry Updates, Must Read

SMEV Petitions NGT: Slashing E2W Subsidy has Disrupted India’s Transition to Clean Fuel

The registered association representing Indian manufacturers of electric  vehicles  SMEV (Society  of  Manufacturers of Electric Vehicles) has today petitioned the National Green Tribunal (NGT) expressing concerns that MHI’s latest decision to cut-down FAME 2 subsides is likely to disrupt India’s growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country. The SMEV via this letter has requested for NGT’s support to a Green Tax on fuel-based two-wheelers so as to incentivize the adoption of green vehicles and contribute to the national objective of environmental preservation and pollution reduction. It is be noted that recently, the Ministry of Heavy Industries (MHI), ...
Erisha E Mobility to Build 100 EV Charging Hubs in UP, to Invest $50 million
EV Industry Updates, Industry Updates

Erisha E Mobility to Build 100 EV Charging Hubs in UP, to Invest $50 million

Erisha E Mobility and the Government of Uttar Pradesh (UP) have signed a Memorandum of Understanding (MoU) to invest $50 million (400 crores) towards the construction of 100 EV charging hubs in Gautam Buddha Nagar district, U.P state. This significant collaboration aims to hasten the uptake of electric vehicles and support environmentally friendly transport options in Uttar Pradesh. By establishing a strong network of charging hubs, the MoU has shown its dedication to a cleaner and greener future. The Government of Uttar Pradesh has made EVs a priority, and we are dedicated to creating the necessary infrastructure and ecosystem for EV adoption and promotion. According to Mr. Parminder Singh Baweja (ED of Erisha E Mobility), the installation of 100 EV charging hubs will contribute to EV...
Shifting Gears: Analysis of the Electric Vehicle (EV) Industry in India
EV Special Features, Special Features

Shifting Gears: Analysis of the Electric Vehicle (EV) Industry in India

The India electric vehicle market size was valued at USD 1.45 billion in 2021 and is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029, exhibiting a CAGR of 66.52% during the forecast period. According to reports in public domain, India electric vehicle market exhibited a rise of 11.34% in 2020 as compared to 2019. Post the COVID 19 pandemic, the India Electric Vehicle market in India has rebounded with the cumulative sales crossing the 1 million mark for the first time in Y2022. The total units sold across all the segments reached 10, 90,641 units. Uttar Pradesh with 26.92% share dominated the EV market with maximum share in EV sales in 2022, followed by Delhi with 12.82%, Karnataka with 7.85% and Maharashtra with 7.21% market share. Among the cumulative EV...
Esmito attains AIS156 Phase 2 Certification for L3 and L5 Category Batteries
EV Industry Updates, EV Updates, Industry Updates

Esmito attains AIS156 Phase 2 Certification for L3 and L5 Category Batteries

Esmito, a leading provider of energy solutions for electric vehicles (EVs), proudly announces the successful acquisition of the highly coveted AIS156 Phase 2 certification for their L3 and L5 category batteries. This achievement further solidifies Esmito's unwavering commitment to delivering high-quality, reliable, and compliant energy solutions in the EV industry. The AIS156 Phase 2 certification represents an exhaustive testing and evaluation process that ensures strict compliance with safety and performance standards, specifically focusing on automotive components, particularly batteries. This certification is a vital requirement for EV manufacturers operating within India. Esmito has successfully completed the meticulous certification process for their L3 and L5 category batteries,...
Innovation is the only way in which we can provide solutions for an emerging sector like EV and ESS; Himanshu Jadhav- MD & CEO, Jendamark India Pvt. Ltd
EV Interviews, Interviews

Innovation is the only way in which we can provide solutions for an emerging sector like EV and ESS; Himanshu Jadhav- MD & CEO, Jendamark India Pvt. Ltd

Himanshu has almost 18 years of successful experience providing strategic, fiscal and operations leadership in uniquely challenging situations. He is a dynamic, result-oriented leader with a strong track record of performance in turnaround and high-paced organisations. The Smart Energy team spoke with him on his formative years before he joined Jendamark and his transformative journey that has not only helped Jendamark create a brand name for itself in India but has also lead the company on the growth path. We will also discuss with him on innovative solutions that the company offers for the emerging EV, battery manufacturing and hydrogen energy industry. Q. To begin with, before we dive deep into the world of technology and digital transformation or Industry 4.0, can you take our ...
Ather Energy installs 100th Ather Grid in Bengaluru making it the largest EV fast charging network in the city
EV Industry Updates, EV Updates, Must Read

Ather Energy installs 100th Ather Grid in Bengaluru making it the largest EV fast charging network in the city

Indian electric scooter manufacturer, Ather Energy, announced the installation of its 100th Ather Grid in Bengaluru - This makes Ather Grid the largest electric vehicle fast charging network in the city.The 100th fast charging station that was part of the Ather Grid was installed at Third Wave Coffee at Banashankari. Also, with this, Ather Energy has entered into an alliance with Third Wave Coffee Roasters to establish fast charging stations at their outlets across the country. Diving into details, Ather Energy has installed more than 1300 charging stations across 85+ cities in India. Which according to Ather Energy makes Ather Grid the country's largest fast charging network for two-wheelers. It is also worth mentioning that the company's first electric vehicle charging station was...