India needs around 4,50,000 battery swapping stations, which entails an investment of about $100 billion. Though the segment is growing rapidly, it currently has only about 1,000 stations The average set-up cost for a swapping station is in the range of Rs 3 to 5 lakh, excluding the c... Read more
New Delhi: Industry body IEMC on Thursday demanded continuation of incentives given to electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from estimated 125 million. According to India Electric Mobility Council (IEMC), India Energ... Read more
The central government launched the FAME (faster adoption and manufacturing of hybrid and electric vehicles) scheme in 2015, under which subsidies are given to electric vehicle manufacturers and the benefit is passed on to buyers. The idea of this forum is to gather those inputs from across... Read more
India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on SaleIn May the EV industry sold 1,05,299 electric two-wheelers, in the subsequent month only 46,003 two-wheelers were sold. IEMC members include people from automotive manufacturing, component... Read more
The central government launched the FAME (faster adoption and manufacturing of hybrid and electric vehicles) scheme in 2015, under which subsidies are given to electric vehicle manufacturers and the benefit is passed on to buyers. The second phase of the scheme FAME II was launched in 2019 Indust... Read more
In May the EV industry sold 1,05,299 electric two-wheelers, in the subsequent month only 46,003 two-wheelers were sold, it stated 4 min read Last Updated : Aug 10 2023 | 2:58 PM IST Industry body IEMC on Thursday demanded continuation of incentives given to electric vehicle ... Read more
The Ministry of Heavy Industries, Government of India on Monday concluded a stakeholder consultation regarding re-bidding of balance 20GWh (of 50GWh) Advanced Chemistry Cell (ACC) capacity under the Production Linked Incentive (PLI) scheme for ACC battery storage. Facilitated under the Chairmanship... Read more
The ESP Stakeholders Forum and 9th Energy Storage Partnership (ESP) Meeting begins today in the United Kingdom. Hosted jointly by the World Bank's Energy Sector Management Assistance Program (ESMAP), as the ESP Secretariat, and the UK Department for Energy Security and Net Zero and Loughborough U... Read more
The India Energy Storage Alliance (IESA) has long been dedicated to supporting and promoting the industry, while helping policymakers and regulators to better understand and collaborate with it. New Delhi recently played host to the group’s flagship event, India Energy Storage Week, and Dr Rahul W... Read more
In a short span of time, India has become one of the most admired torchbearers of the global fight against climate change. India’s efforts for accelerating the e-mobility transition and its goal to meet fifty percent of its electricity requirements from renewable energy sources by 2030 has given a... Read more
In order to limit global warming to 1.5°C, global carbon emissions should reach net zero around mid-century. What this means is that with renewable energy and energy storage, green hydrogen will be among a portfolio of solutions required for decarbonizing the economy globally.The Day 5 of India E... Read more
The first session on Day 2 of the India Energy Storage Week – IESW 2023 – launched on a positive note with panelists in agreement not just over the importance and criticality of energy storage but also the maturity of the industry as a whole.The sessions commenced after Welcome Remarks from Asho... Read more
