Latest news with #FasterAdoptionandManufacturingofElectricVehicles
Time of India
2 days ago
- Automotive
- Time of India
85 if not 100: e-bus plan in limbo, UT ready to settle for less
1 2 Chandigarh: Facing the imminent phasing out of 100 diesel buses and struggling to get 100 e-buses as their replacements for more than a year, the Chandigarh administration will now send a fresh proposal for procuring 85 new e-buses to the central govt. A UT official said the Transport Department would again prepare a detailed proposal and submit it to the Ministry of Home Affairs. Recently, the officers of the Transport Department also went to Delhi and held a meeting regarding the purchase of buses. "Under the current circumstances, the administration will float fresh tenders on its own. The terms and conditions will be the same as those set by the central govt. The tender will be floated after approval from the competent authority. From the start of the tendering process to the delivery of buses, it will take at least six months," said a UT official. The urgency for procuring the buses stems from the fact that out of the 358 diesel buses, 100 will complete their 15-year service limit by November this year, and these will have to be phased out. The CTU is the mainstay of the public transport system in the tricity, with Mohali having no tricity bus service available and Panchkula having a very limited local bus service. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Clean Warehouses = Safe Workplaces SearchMore Learn More Undo If these 100 buses are taken off the road, there would be a consequent reduction in bus services within the tricity. The process to replace these 100 diesel buses with e-buses started a couple of years ago. "The buses were being purchased under a central govt scheme, and even the tendering process was completed last year. But since then, litigation plagued the execution of the tender. Even if the tender materialises now, we are still unlikely to get the 100 buses before November," said the official. The new 100 e-buses were to be ultra-low entry (ULE) vehicles of 12m length. The existing e-buses with CTU are 9m long and of low entry. The 100 buses were being availed under the 'PM e-Bus Sewa' scheme. Earlier, e-buses were availed under phase II of the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India Scheme of the central govt. In the tendering process for the new e-buses, which concluded in March 2024, the lowest bid was Rs 61.8 per km. MSID:: 121784767 413 | Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Hans India
18-05-2025
- Automotive
- Hans India
IEA ranks India world's largest market for electric 3-wheelers, above China
India has been ranked the world's largest market for electric three-wheelers, above China, for the second straight year with a 20 per cent surge in sales to 7 lakh vehicles in 2024, according to a report by the International Energy Agency (IEA). The IEA's Global EV Outlook 2025 report points out that the three-wheeler market is highly concentrated, with China and India accounting for more than 90 per cent of electric and conventional 3W sales. "Electrification of 3Ws in China has stagnated at less than 15 per cent over the past three years. In 2023, India overtook China to become the world's largest market for electric 3Ws, and it maintained this position in 2024, with sales growing close to 20 per cent year-on-year to reach nearly 7,00,000 vehicles," the report states. The report states that this rising trend is likely to continue with the government's support under the new PM E-DRIVE scheme, which supported the roll-out of more than 3,00,000 electric 3Ws for commercial use in 2024. According to the report, China, India, and Southeast Asia remain the world's largest 2/3W markets, accounting for around 80 per cent of 2024 global sales, with 2/3Ws serving as the primary mode of private passenger transport in these regions. "India's increasingly dynamic electric 2W market hosted a total of 220 OEMs in 2024, up from 180 in 2023, although the four market leaders accounted for a combined 80 per cent of the 1.3 million electric 2Ws sold in the country in 2024 (6 per cent of the overall 2W market)," the report said. While the upfront purchase price of electric 2Ws remains higher on average than that of conventional 2Ws, increasing competition is prompting OEMs to offer more affordable electric models. "Policy support is also helping to bridge the affordability gap between electric and ICE 2W models, with the new PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) policy continuing financial support formerly provided under both Faster Adoption and Manufacturing of Electric Vehicles (FAME)-II and Electric Mobility Promotion Scheme measures," the IEA report states. The scheme is planned to operate until March 2026 to support the roll-out of about 2.5 million electric 2Ws, up from 1 million targeted under the previous FAME-II policy. On the manufacturing side, the 80 largest electric 2W makers in India accounted for a combined production capacity of 10 million electric 2Ws in 2024, almost 8 times the domestic sales that year. The capacity is expected to increase to 17 million electric 2Ws in the near term, if all OEM announcements come to fruition. The IEA report also states that total sales of electric cars in India increased by a mere 2 per cent to around 1,00,000 units in 2024. Sales in India grew 45 per cent year-on-year, nearing 35,000 electric car sales for the first quarter of 2025. "In India, high import duties on EVs and the availability of locally made, affordable electric models meant the share of Chinese imports in the country's EV sales remained below 15 per cent in 2024. "While the cheapest battery electric car model was produced locally by a Chinese OEM (SAIC's city car, the MG Comet EV, priced under $8,000), the average price of imported Chinese BEVs was twice that of those made by domestic manufacturers," the report pointed out. In 2024, all battery electric vehicle (BEV) models manufactured by Indian carmakers started below $20,000, while none of the imported Chinese BEV models were priced under that threshold. Overall, the average price gap between battery electric and ICE cars fell below 15 per cent for small cars and 25 per cent for SUVs in 2024. IEA said India has also seen rapid growth in electric bus deployment since 2020, with the number jumping nearly 4-fold from below 3,000 to more than 11,500 at the end of 2024.
