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Delhi EV Policy Has Achieved 86 Percent of Its Targets, Says Transport Department

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Delhi’s Electric Vehicle policy which will complete three years in August has so far achieved around 86 percent of its measures and targets, according to the transport department. Delhi transport department and Delhi Electric Vehicle (EV) cell on Wednesday kicked off the process of drafting a revised ‘Delhi EV Policy 2.0’ with a stakeholder consultation. […]

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Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale

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India’s Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters. Ola Electric, which makes electric scooters, is backed by investors such as SoftBank Group and

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Delhi Metro Launches WhatsApp-Based Ticketing Service for Airport Line Commuters

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Delhi Metro commuters will now be able to travel on the Airport Line using a WhatsApp-based ticketing service launched on Tuesday. The system allows commuters to receive a QR code-based ticket directly on WhatsApp, officials said. “Further enhancing the travel experience for its commuters in an easy-to-navigate digital mode, Delhi Metro today introduced a WhatsApp-based

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Mobec Launches Doorstep EV Charging Solution; Service to Roll Out in Delhi-NCR Initially

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Startup electric mobility solutions provider Mobec Innovations on Wednesday announced its service of offering charging facilities for electric vehicles at customers’ doorstep. Initially, the service will benefit over 2 lakh electric vehicle (EV) users across Delhi-NCR. It can be booked through the company’s app, Mobec Innovations said in a statement. By the end of the

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Delhi to Implement Rs. 14,000-Crore AI-Based Traffic System by End of 2024 to Reduce Congestion: Official

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The national capital will have an artificial intelligence-based traffic system by the end of next year to reduce congestion and facilitate faster and smarter vehicular movement, a senior official said on Wednesday. Speaking at ASSOCHAM seventh road safety conference here, Special Commissioner of Police (Traffic) Surender Singh Yadav mentioned that the Intelligent Traffic Management System

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Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat

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India’s salt-to-software conglomerate Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-vehicle battery

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Hero Plans to Expand Its Electric Two-Wheeler Range, Focus on Bolstering Premium Segment Presence

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Hero MotoCorp is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure to enhance premium play as part of its future growth plans, according to its newly appointed CEO Niranjan Gupta. Outlining the company’s three priorities in the mid-term, he noted that it would focus on bolstering its presence in

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Uber, Ola Suffer a Blow as Supreme Court Revives Ban on Bike Taxis in Delhi

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The Supreme Court on Monday stayed the High Court order by which it had essentially allowed bike-taxi aggregators Rapido and Uber to operate in the national capital by asking the Delhi government not to take any coercive action against them till a new policy was formulated. A vacation bench of Justices Aniruddha Bose and Rajesh

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EV Charger Makers Guardedly Look to Adopt Tesla Standard

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Electric vehicle charging companies are cautiously embracing Tesla‘s charging technology as the main US standard, mere days after Ford and GM said they were adopting it, but questions remained about how any interoperability would work. The rare agreements between Tesla and each of the two US automakers, who among them control more than 60 percent

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Uber, Ola Bike Taxis Will Be Impounded if They Don’t Halt Operations in New Delhi

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New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if they do not cease operations in line with a court order backing a ban on them, a senior government official told Reuters on Tuesday. India’s top court on Monday backed the city government’s ban on

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