“The time is right for electric cars. In fact, the time is critical.” – Renault Chairman and CEO Carlos Ghosn.
Reiterating Ghosn’s epigrammatic statement, a government panel led by Cabinet Secretary P. K. Sinha has suggested the commercial use of ISRO’s lithium-ion battery technology for electric vehicles under the “Make in India” initiative. One of the frontrunners of the EV race in India, the Karnataka government has invited two of the country’s leading automotive companies, Maruti Suzuki and Honda Cars, to set up EV units in the state.
After Tata Power, Reliance Energy is gearing up to set up over 15 EV charging stations across suburban Mumbai over the next three months. On the other hand, the Power Ministry is in the process of releasing a set of regulations for promoting EVs in the country. Ahead of the Union Budget 2017-18, Japanese Ambassador to India Kenji Hiramatsu has called for tax relief on hybrid and electric cars, as a way to incentivise foreign automakers.
In other news, Ola is planning to enter the market of manufacturing electric auto-rickshaws with the “right partners”. To that end, the homegrown cab aggregator appointed Chinam Netaji Patro, a former executive of Bajaj Auto, as its senior director for Electric Vehicles last month.
The country’s automotive industry abuzz with activities and excitement about the upcoming Auto Expo 2018. To be held next month, the annual auto show will see giants like Renault and Maruti Suzuki showcasing their futuristic electric car concepts.
Given that so much has been happening in the country’s electric vehicle sector, we bring to you the tenth edition of the weekly EV roundups.