The Request For Proposal to be released is an appeal for bidders to quote a price for the five targeted cities.
The aggregators will be required to convert 5% of their new onboarded four-wheelers to EVs within three months, and 25% by the first year of the scheme.
With this collaboration along with the expansion of their existing Ludhiana facility, Hero expects to manufacture over 1 million EVs per year by 2022.
In 2021, the sales of electric two-wheelers (E2Ws) in the country jumped over two-fold at 2,33,971 units driven by a good traction of high-speed scooters as compared to 1,00,736 units in 2020.
The brand is planning to invest up to Rs 250 crore to establish the manufacturing unit and also to create around 500 direct and 2,000 indirect jobs.
To cater to the needs of growing electric vehicle industry, IIT-Madras on Monday announced roll out a master’s programme on electric vehicles (EVs).
The official added that discussions with companies have also cleared doubts that there is no impact on EVs due to bad roads.
The Delhi Electric Vehicles policy -- introduced in August 2020 -- aims at increasing the EV share in total vehicle sales to 25 percent by 2024.
In climate science, everything is about trade-offs. By now, researchers realise that there is really no technology that does not harm the earth, sea or atmosphere.
Advent of electric vehicles creating opportunities for smaller players, new entrants, start-ups: Report
It also said the valuations of pure EV businesses are driven by the expected pace of electrification in the segment as well as the competitive landscape in the EV segment.
A couple of weeks ago, the first electric vehicle (EV) charger was set up in our Mumbai housing society in a discreet corner near the tennis courts.
Under the extended scope of partnership, the companies plan to come up with electric vehicle platform in addition to the existing internal combustion platform for both global and domestic markets.
With as many as 9,540 EVs being sold in Delhi in the last quarter, they became the second most bought type of vehicles after petrol-run vehicles.
The quiz competition was followed by a rally of electric 2-wheelers and 3-wheelers.
Apart from the 188 charging stations in Hyderabad, 20 more public charging stations will be set up in Warangal and Karimnagar by March