Source: The post is based on the article “A breakthrough in EV battery tech” published in Business Standard on 21st April 2023. Syllabus: GS 3 – Science and Technology Relevance: About Sodium-ion batteries News: The demand for Electric Vehicle (EV) is on rise. As per the Economic Survey 2022-23, EV market is projected to grow at a… Continue reading A breakthrough in EV battery tech
Tag: electric vehicle
Mission 50K-EV4ECO: SIDBI launches new financing solution for electric vehicle space
Source: The post is based on the article “SIDBI launches new financing solution for electric vehicle space” published in Economic Times on 21st April 2023 What is the News? Small Industries Development Bank of India (SIDBI) has announced a new scheme named “Mission 50K-EV4ECO” to boost the electric vehicle (EV) ecosystem in the country. What… Continue reading Mission 50K-EV4ECO: SIDBI launches new financing solution for electric vehicle space
“How Delhi is leading the charge in electric vehicle adoption”
News– Electric Vehicle Penetration in Delhi has reached 9 percent as against the national average of 1.6 percent, making Delhi leading state in India in EV penetration. This anomaly exists despite the countrywide launch of FAME (Faster Adoption and Manufacturing of E-vehicles) Scheme by the central government. How Electric vehicle adoption may help Delhi and Country to fight Pollution Vehicular emission… Continue reading “How Delhi is leading the charge in electric vehicle adoption”
Rolling out the EV charging network
Synopsis: Steps taken by government to increase EV charging network in India. Introduction The Indian vehicle market is poised for a historic leap into electrification. On the rollout of a charging network for electric vehicles (EVs), India faces the classic chicken and egg problem—EVs require charging infrastructure and that requires EVs. According to the Society of Manufacturers… Continue reading Rolling out the EV charging network
EVs are the future but a premature transition through bad policy is undesirable
Source: TOI Relevance: India’s Electric Vehicle (EV) policy Synopsis: An EV policy that is biased towards a premature transition to EVs can have unintended consequences. A look at the consequences and a way forward. Background Around 81% of the 18.6 million vehicles sold in 2020 were two-wheelers. Hence, the transition from an industry dominated by… Continue reading EVs are the future but a premature transition through bad policy is undesirable
Tesla is unlikely to launch its vehicles in India anytime soon
Source: Live Mint Relevance: Electric vehicles are necessary for pollution control and import substitution. Synopsis: India needs to ease its restrictive policies towards the import of electric vehicles. Introduction Last month, Elon Musk complain about India’s restrictive policies for the import of electric vehicles. India’s restrictive policies are aimed at the Make in India campaign for… Continue reading Tesla is unlikely to launch its vehicles in India anytime soon
Why switching to electric vehicles is fiscally imprudent
Source: Indian Express Relevance: Electric vehicles are necessary for pollution control and import substitution. Synopsis: The government is promoting Electric vehicles in India at a good pace. However, there are issues attached to government policies towards EVs. Introduction E-vehicles or EVs are becoming increasingly popular in India. It is evident in the increasing sales of TATA Nexons EVs. The most important… Continue reading Why switching to electric vehicles is fiscally imprudent
