Panchabuta-Renewable Energy & Cleantech in India
Electric Vehicle
Electric cars: Can they win any road space in India?
According to reports, it started life as a two-seater ten years; last week it re-entered public space as a four-seater hatchback. Reva, now re-branded e20, the country’s first electric car, has come up in life. But it still remains to be seen if it can set the ball rolling for electric cars in India. The launch … Continue reading
Mahindra Reva to launch e2o electric vehicle in India on Mar 18
According to reports, Mahindra Reva, a part of 15.9 billion dollars Mahindra Group, today announced that it would launch its next generation electric vehicle– the e2o– in the domestic market on March 18. The Mahindra e2o (powered by Reva) was unveiled at the last Auto Expo here during January 2012. “We are delighted to announce the … Continue reading
FinMin to clear funds to boost sales of electric vehicles in India
According to reports, the finance ministry is expected to release funds next month for the extension of a subsidy scheme of the ministry of new and renewable energy (MNRE) to incentivise sales of electric cars and two-wheelers. According to a proposal pending with the finance ministry, a corpus of Rs 55-60 crore is expected to be … Continue reading
Delhi Govt mulls subsidy for eco-friendly battery rickshaws
According to reports, commuting to a metro station will soon be a comfortable and environment-friendly affair with the introduction of new rickshaws that will run on battery or solar energy. To promote the use of these environment-friendly rickshaws, the Delhi government’s environment department will offer subsidy to manufacturers so that these are available to operators on … Continue reading
Farooq Abdullah launches environment friendly electric rickshaw
According to reports, Union Minister for New and Renewable Energy Dr. Farooq Abdullah on Thursday launched ‘Ummeed ki Electric Rickshaw’, a unique initiative to empower economically backward women in India. Dr. Abdullah presented the first electric rickshaw to Kohinoor, a 33-year old single mother with 2 young boys and a mother to support. Speaking on the … Continue reading
Indian government clears Rs 230 billion electric vehicles plan
According to reports, the government on Wednesday approved a Rs23,000 crore plan to promote the production of electric (EV) and hybrid vehicles over the next eight years, and set a sales target of 60 lakh units by 2020. The schemes are an extension of the National Electric Vehicle Mission Policy announced by former finance minister Pranab … Continue reading
