Page 5 - Ev Adoption News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Electric Cars: New Delhi, Feb 25 (IANSlife) Going green has become a global mantra after many years of continuous advocacy and occupying the front burner of multilateral and international deliberations. It is a consensus worldwide that fossil fuels, such as oil, gas and coal, form the major source of carbon (Greenhouse Gas) emissions, notorious for causing environmental pollution, depletion of the ozone layer, and triggering global warming and climate change concerns.

Ev Sales: The detailed incentives are a follow-up to a December-announced tax incentives plan for imported EVs for manufacturers that match import numbers with domestically made EVs in coming years.

EV Startup: Vidyut, a full-stack EV ecosystem startup, has raised $10 million in a Series A round. The startup aims at facilitating easier EV ownership for small and large businesses by offering solutions such as EV insurance, lifecycle management and EV resale.

Easier rules around power and land usage, as well as specific subsidies for fast-charging infrastructure, could encourage setting up of these facilities and adoption of EVs, senior executives in the EV industry said.

US Auto Retailers: Higher vehicle production, which has eased supply, has also trimmed dealer margins, auto retail chain executives said this week. This is in contrast to high prices that auto dealers commanded over the past few years, taking advantage of strong demand for new vehicles and short supplies of popular models due to supply chain bottlenecks.