Delhi: This festive season, Electric Scooter and car manufacturers are hopeful for a turnaround in sales. Governmentâ€™s comprehensive plan to put 5 million EVs on Indian roads per year by 2020 coupled with creating infrastructure for EV’s has boosted customer sentiment.
Mahindra set to provide a comprehensive electric mobility solution for Bhutan thereby creating an eco-system for sustainable and affordable transport for its citizens and tourists. Launch of the e2o to be followed by introduction of other models from the Mahindra Electric Vehicle product portfolio soon.
Electric vehicles YES BANK and TERI BCSD report. There’s ample research globally, and in India, the forerunners are Mahindra-Reva, who this week launched the Reva e2o. There’s also Hero Electric and other domestic OEMs.
2100 Renault ZOE and Fluence Z.E. electric vehicles for UGAP. Renault will supply 2000 ZOE and 100 Fluence ZE electric vehicles over the next 3 years.
Union Budget India 2013 Rs 14,883 crore for buses, increased import tax, SUV’s costlier. Excise duty on Sports Utility Vehicles is increased by 3%, from 27% to 30%.
Estonia nationwide ABB fast charger network for electric vehicles. DC chargers present on major highways and inner roads at nominal distances, make it possible for people to travel along the Baltic coast without having to worry about running out of charge.
Cars running on pure electricity have not proved their worth as on date. Sales are not encouraging as compared to hybrid cars. Toyota Prius profits at around the one million mark in yearly sales.