Vidyut Partners with JSW MG Motor India to Launch Battery-as-a-Service Financing, Revolutionizing Electric Vehicle Ownership
Vidyut, a Bengaluru-based full-stack EV ecosystem startup, has partnered with JSW MG Motor India to introduce an innovative Battery-as-a-Service (BaaS) financing model for passenger electric vehicles. The initiative, launched for models including the MG Comet EV, MG Windsor EV, and MG ZS EV, aims to reduce the overall cost of EV ownership.
Tight Localisation Guidelines for EV Subsidies, Effective April 2025
New localization guidelines for electric vehicle (EV) subsidies will take effect in April 2025. Due to these requirements, a sizable percentage of the parts and materials used in the production of electric vehicles must come from regional vendors.
Ola Electric Leads Indian EV Two-Wheeler Market With Strong Margins
Ola Electric has emerged as the leader in India’s electric two-wheeler sector, with outstanding profit margins, according to a recent Bernstein analysis. The company is on course to become profitable, beating competitors like as TVS and Bajaj.
Anant Ambani, inaugurates Jio-bp’s 500th EV charging station at Jio World Centre
The inauguration of the 500th Jio-bp pulse EV charging station was also marked by the installation of the 5,000th Jio-bp pulse charging point in India.
Top Expectations of Indian Consumers from the EV Industry: This Festive Season
As the festive season approaches, Indian consumers are looking for both traditional celebrations and sustainability. As the electric vehicle (EV) market gains traction, here are the top consumer expectations this year:
India Electric Vehicle Charging Industry: A Brighter Future
India is poised for significant growth in the EV-charging business, thanks to factors such as increased adoption and pro-government regulations. The number of public Battery Electric Vehicle (BEV) charging stations in India expanded significantly from 1,800 in February 2022 to 16,347 in March 2024, marking nearly a ninefold increase.
EV industry hails new PM e-Drive scheme: Charging stations, subsidies and more
PM E-Drive scheme marks a significant step up for India’s EV ecosystem. As the government addresses infrastructure and incentivizes new categories like e-ambulances, the industry is hopeful that these initiatives will lead to higher EV adoption and sustainable growth.
FAME India: Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India
Do you know what FAME India is?
Here’s some quick information to grasp the flavour of it.
India will ensure sufficient charging infrastructure to support EV adoption: HD Kumaraswamy
Union Minister for Ministry of Heavy Industries, HD Kumaraswamy said that India will ensure sufficient charging infrastructure to support the massive adoption of electric vehicles across the country.
Export of Electric Bikes from India has Lot of Potential: Gadkari
Union Minister Nitin Gadkari highlighted the significance of alternative fuels and biofuels in reducing pollution at the launch of the Revolt RV1 electric motorcycle. He noted substantial growth in India’s automotive industry and encouraged manufacturers to adopt new technologies like ethanol, methanol, and biofuels. Plans for expanding sales networks were also announced.