Anant Ambani and BP CEO Murray Auchincloss inaugurated Jio-bp's 500th EV charging station at the Neeta Mukesh Ambani Cultural Center in Mumbai. The rapid expansion positions Jio-bp as a key player in India’s EV adoption, with a focus on fast-charging stations and green mobility.
South Korea has proposed new regulations that would require electric vehicle (EV) manufacturers to disclose the brand information of their batteries. The decision was made following discussions between the government and the ruling People Power Party (PPP) on Sunday.
Pralhad Venkatesh Joshi is set to lay the foundation stone for this new facility at the RRSL Jakkuru campus in Bengaluru on 22 August for the establishment. This highlights the government’s commitment to fostering innovation and supporting the burgeoning EV ecosystem in India.
Concerns over EV safety intensified after a parked Mercedes-Benz electric vehicle unexpectedly caught fire, leading to the destruction of an entire underground parking garage in an apartment complex in Incheon, 27 km west of Seoul, and damaging over 100 cars, as reported by Yonhap news agency.
Ola Electric Mobility saw a robust debut on the Mumbai stock market, with shares jumping 20 per cent, showcasing strong investor confidence in India's burgeoning electric vehicle (EV) sector. Now valued at USD 4.8 billion, the company is well-positioned to leverage the growing shift towards EVs.
To accelerate electric vehicle (EV) adoption and boost local manufacturing, the government has recently announced several new initiatives. These measures come as electric car sales in India are projected to reach 1.5 lakh in the current fiscal year (FY25).
The electric vehicles (EVs) penetration in the Indian two-wheeler (2W) sector has increased over the past two months, despite incentives being nearly halved in April.
Hyundai Motor India has inaugurated its first 180 kW DC fast public EV charging station in Chennai, which will feature 150 kW and 30 kW connectors. The company also announced plans to establish 100 fast public charging stations across Tamil Nadu, reinforcing its commitment to the state.
The alliance works in a similar fashion to the UPI network and allows EV users to discover, pay, and charge at any of their chargers via the UEI network. It will also help in payment and transaction interoperability within EV charging networks.
Tata Power aims to pioneer in Electric Vehicle (EV) charging solutions and has reportedly achieved a milestone of powering 10 crores (100 million) green kilometres across various segments including public, bus/fleet, semi-public, and home chargers nationwide.
The industry players hailed the government's move to enhance the scheme which could outlay for Faster Adoption and Manufacturing of Electric Vehicles (FAME) India Phase II, saying it will enhance infrastructure, foster widespread adoption and longevity of electric vehicles across the country.
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