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JSW Group launches EV Policy for employees offers Rs 3 lakh incentives 

Electric Vehicles India

JSW Group Energy and infrastructure major has announced a new electric vehicle policy for its employees to purchase electric vehicles. The company’s EV policy will facilitate up to Rs 300,000 incentive for employees to purchase electric vehicles. Also, read related article: Himachal Pradesh govt approved draft EV policy.

India 72
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China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank

CN EV Post

After a quick Covid reopening, consumers prioritized spending on services but reduced purchases of durable goods, Deutsche Bank analyst Edison Yu's team said in a research note sent to investors today. This has led to an even more challenging pricing environment that should last at least through the end of April, Yu's team said.

China 113
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New South Wales waives stamp duty on EVs & spends $171m on chargers 

Electric Vehicles India

The New South Wales (southeastern Australian state) government waive stamp duty on electric vehicle purchases. As part of a $490m strategy to drive uptake of electric vehicles, it will provide subsidies for 25,000 new purchases. Also, read related article: New Zealand unveils $8,600 subsidy for electric vehicles.

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Kinetic Green Energy plans to invest Rs 300 Cr in EVs 

Electric Vehicles India

Kinetic Green Energy and Power Solutions Limited India’s leading manufacturer of electric vehicles welcomed Minister of Tourism and Environment for the Government of Maharashtra Aditya Thackeray. Also, read related article: kinetic Green plans to set up electric vehicle manufacturing unit in AP. Kinetic Green Energy .

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Nissan to launch all-electric minivehicle in FY2022 

Electric Vehicles India

At 3,395 mm long, 1,475 mm wide, and 1,655 mm high, the minivehicle has been designed to provide easy driving and handling in Japan’s often cramped traffic environments. Purchase prices (listed price minus subsidies) are forecast to start at approximately 2 million yen.

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TCS Jaguar Formula E title partner & eBikeGo acquires tech firm for EVs 

Electric Vehicles India

eBikeGo’s vision with this purchase is to transform electric vehicles into smart connected vehicles. Also read related article: eBikeGo providing mobility solution aims for 15,000 jobs creation. Also read related article: eBikeGo providing mobility solution aims for 15,000 jobs creation. Previously, less than 0.15

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Gravita India largest battery recycling firm enters into EV recycling business

Electric Vehicles India

Battery recycling is not only important to save the environment from its disposals but it is also necessary to collect the precious metals comprising the batteries that must not be lost forever. Under this contract, Gravita shall collect and purchase Lead Acid Battery scrap from designated locations of Amara Raja.

India 88