Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Companies plan mega investments on e-vehicles, batteries & charging infrastructure

- Advertisement -

India Inc is preparing plans for mega investments for the electric vehicle mission including charging infrastructure worth thousands of crores in cities, batteries and purchase of three-wheelers and cars.

According to Economic Times, the government officials said they have held extensive discussions with more than 50 companies, domestic and foreign, for setting up charging infrastructure – a vital requirement of the country’s ambitious e-vehicle plan. Ola and several local taxi aggregators are also considering bulk purchases of electric three-wheelers and e-rickshaws and lease them, industry executives and officials said. 

- Advertisement -

Praveer Sinha, chairman and managing director of Tata Power Delhi Distribution Ltd, said the company plans to partner DMRC and Municipal Corporation of Delhi to set up charging stations at metro stations and other possible locations. Sinha said a fast-charging station requires an investment of about Rs 25 lakh, while a slowcharging outlet would cost about Rs 1lakh. When the electric vehicle sales pick up in about five years, an area of 3 km could require about 300 charging stations with about 4-5 charging slots, he said. With this costing, setting up charging stations across Delhi would cost about Rs 33 billion over five years. 

A top official involved in the government’s e-vehicle’s programme said Tata Power, ABB, Acme Industries, and few Dutch firms are actively considering setting up vehicle charging stations, while Exide Industries, Amron Batteries and Microtek have held discussions with officials about supplying batteries and setting up bulk shops for motorists to swap drained out batteries with charged ones.

State-run NTPC and Power Grid Corp are also in talks with Delhi Metro Rail Corp (DMRC) and other entities in over half a dozen cities for space to set up battery charging and rapid vehicle charging stations, industry and government sources said. The two firms also plan to purchase batteries in large numbers to lease them out as the government plans to promote electric- three wheelers without batteries to cut costs.

- Advertisement -

Most Popular Articles

EV Scheme-India

Union Cabinet To Revamp New EV Scheme To Bolster Investments From Global EV Firms

0
In the second workshop, feedback from numerous companies who are keen to import high-end vehicles at reduced taxes will be collated. In an effort to...

India’s NTN-2024 Seminar Explores Quantum, AI Defence Innovations

0
Emphasising India’s self-reliance in defence, the first Annual Niche Technology Nexus (NTN-2024) seminar focused on quantum and electronic warfare technologies. On Friday, the Headquarters...

Sparsh CCTV, Cron AI Partner To Drive Security And Infrastructure Automation

0
This alliance promises enhanced safety and efficiency across smart cities, critical infrastructure, and autonomous systems, bringing advanced real-time monitoring and automation to the forefront...
Bengal Govt Investment on Semiconductor

Bengal IT, Electronics Cabinet Announces Separate Policies on GCCs, Semiconductors

0
The upcoming Silicon Valley Tech Hub will be completed by 2025, aiming to generate approximately 100,000 direct jobs. After much anticipation, state IT and Electronics...

Dixon Technologies, Nokia Partner To Boost India’s Broadband

0
Aiming for massive employment and a self-reliant India, Dixon Technologies partners with Nokia to manufacture broadband devices in to meet rising demand for FTTH...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

EV Scheme-India

Union Cabinet To Revamp New EV Scheme To Bolster Investments From Global EV Firms

0
In the second workshop, feedback from numerous companies who are keen to import high-end vehicles at reduced taxes will be collated. In an effort to...

India’s NTN-2024 Seminar Explores Quantum, AI Defence Innovations

0
Emphasising India’s self-reliance in defence, the first Annual Niche Technology Nexus (NTN-2024) seminar focused on quantum and electronic warfare technologies. On Friday, the Headquarters...

Sparsh CCTV, Cron AI Partner To Drive Security And Infrastructure Automation

0
This alliance promises enhanced safety and efficiency across smart cities, critical infrastructure, and autonomous systems, bringing advanced real-time monitoring and automation to the forefront...
Bengal Govt Investment on Semiconductor

Bengal IT, Electronics Cabinet Announces Separate Policies on GCCs, Semiconductors

0
The upcoming Silicon Valley Tech Hub will be completed by 2025, aiming to generate approximately 100,000 direct jobs. After much anticipation, state IT and Electronics...

Dixon Technologies, Nokia Partner To Boost India’s Broadband

0
Aiming for massive employment and a self-reliant India, Dixon Technologies partners with Nokia to manufacture broadband devices in to meet rising demand for FTTH...

Learn From Leaders

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Startups

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...