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“Exemption from permit will be a big power motorcycle game changer as restricted permit regime is a major concern. end-of Tags: electric vehicles, nitin gadkari.The measure is aimed at promoting e-vehicle’s use and the government is considering exemption from permits for such vehicles.Similarly, e-bikes also should see a considerable impact since it is a new area, he added. Such vehicles will be fitted with green licence plates bearing numbers in white fonts for private cars and yellow font for taxis,” Mr Gadkari said.
Nitin Gadkari New Delhi: To promote electric vehicles in India, the government has approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis, union minister Nitin Gadkari said on Wednesday. E-auto and e-buses may have a big impact since getting a new permit is extremely difficult,” he said.The purpose behind distinctive number plates is their easy identification for preferential treatment in parking, free entry in congested zones besides other proposed benefits like concessional toll, the road transport and highways minister told PTI. E-rickshaw growth is attributable to the permit exemption and there is scope to extend the exemption to the e-buses, e-taxis, e-autos and e-bikes.
The measure is aimed at promoting e-vehicle’s use and the government is considering exemption from permits for such vehicles. “The government has approved distinctive green licence plates for electric vehicles to encourage people to use electric vehicles.A notification in this regard will be out in a week’s time, the minister, who has been advocating electric mobility promotion, he said.The government also plans to allow youth in the age bracket of 16-18 years to drive electric scooters, besides mandating taxi aggregators to have a certain percentage of electric vehicles in fleet.

Infineon will supply parts to Tesla39;s upcoming mass-market Model 3 electric car, the German chipmaker said on Tuesday, after being beaten out as an initial supplier by Franco-Italian rival STMicroelectronics for the coveted deal.7 percent at 18."We do not comment on the individual models, but we will also be present in Model 3," Chief Executive Reinhard Ploss told reporters after Infineon reported third-quarter operating profit just ahead of analysts39; consensus forecast.end-ofTags: tesla model 3.Infineon confirmed its parts would go into the Model 3, which is now ramping up for volume production in 2018. Quarterly operating income, excluding certain items, rose 33 percent to 338 million euros ($400 million), compared with analysts39; average forecast of 323 million in a Reuters poll.
The company reaffirmed its projection for 8-11 percent revenue growth for the year ending in September and said its annual operating profit margin, excluding certain items, would be unchanged around 17 percent.Infineon, which supplies chips to control the batteries and motors in eight out of 10 of the world39;s top selling electric vehicles, confirmed its parts would go into the Model 3, which is now ramping up for volume production in wholesale electric bike The German company039;s products are already in Tesla039;s Model S sports car, the world039;s top-selling electric vehicle.70 euros at 1315 GMT. "Our success is very much dependent on Asia," he said. While its presence in the Model 3 could be a boost, Ploss said most of the demand for Infineon39;s electric vehicle parts would continue to come from Asia.The German company39;s products are already in Tesla39;s Model S sports car, the world39;s top-selling electric vehicle, but the Model 3 - costing $35,000 in the United States — has the potential to significantly outsell the $60,000 Model S.
Infineon shares, which had slipped in early trading, picked up after Ploss signalled it had a renewed appetite for mergers. The stock was up 1.STMicroelectronics was first to market with a new class of highly energy efficient 1,200-volt silicon-carbide chips, which brokerage Liberum said helped it win the initial deal to supply power chips for the Model 3.83 billion euros.Ploss said the company "continues to explore various acquisition options" after its agreed $850 million deal to buy the Wolfspeed power unit of Cree collapsed under US government scrutiny earlier this year. But it predicted Infineon would become the second source of such chips as volumes ramp next year. Revenue for its fiscal third quarter ended in June was roughly in line with expectations, up 12.Last Friday, Tesla delivered the first 30 Model 3s to employee buyers, part of more than half a million advance reservations.2 percent on the same period a year ago to 1.Ploss told reporters on a conference call that Infineon remained interested in deals in the American market, but would be sure to steer clear of technology the US government considers vital to national security.

In February, the government had sought stakeholders39; comments on the draft National Auto Policy, which seeks to promote clean and safe mobility and adopt a long-term road map to harmonise emission standards with global benchmarks by 2028. "In future we have to move towards it and we must accept the challenges of the future requirements," Geete said. We will definitely look into suggestions of having a clear, well defined short, mid and long term policy. The minister said the government will address the auto industry39;s concerns regarding fuels and biofuel, however, adding that with changing times, it must adapt and embrace new technologies.The second phase of the scheme spanning five years will offer subsidy to all categories of electric vehicles, including two-wheelers, three-wheelers and four-wheelers including taxis and electric buses used in public transportation, to promote green vehicles and check pollution.
The ongoing pilot phase of the scheme was earlier extended till September this year or until its second phase is approved."Fame I will come to an end by September 30 and the Prime Minister will announce FAME II on September 7," Geete said.Prime Minister Narendra Modi will launch the second phase of the FAME India scheme here on September 7 at India's First Global Mobility Summit 'MOVE', Union Minister Anant Geete said Wednesday.PTI Published: Sep 5, 2018, 2:42 pm IST Updated: Sep 5, 2018, 2:42 pm IST Geete said the Heavy Industry Ministry was framing a comprehensive auto policy after consultation with all the stakeholders. It will also envisage setting up massive charging infrastructure to support electric vehicles, senior officials China mid drive electric bike said. With an aim to promote ecofriendly vehicles, the government had launched the FAME India scheme in 2015. The first phase of the scheme was initially proposed for two years till March 31, 2017 but was extended twice for six months up to March 31, 2018. "It is the duty of the government to make policy which is executed by the industry.The heavy industry and public enterprises minister observed that the demand of changing times means we have to move towards electric mobility.In April, the government had extended the phase 1 of the FAME India scheme by six months till September-end or till its second phase is approved."The department of heavy industries has always supported the automotive industry. Under the scheme, depending on technology, battery-operated scooters and motorcycles are eligible for incentives ranging between Rs 1,800 to Rs 29,000, while in three-wheelers it is between Rs 3,300 and Rs 61,000.
Last week, PTI had reported citing official sources that the prime minister would launch FAME II offering incentives for mass adoption of electric vehicles with an outlay of Rs 5,500 crore on September 7.end-ofTags: narendra modi, electric vehicles, fame india scheme, anant geeteLocation: India, Delhi, New Delhi.However, strong hybrid vehicles, which were entitled to incentives in the ongoing pilot phase of the scheme, will not be able to avail sops in the second phase. So we should not make a policy which cannot be executed by the industry," Geete said. Addressing the inaugural session of the Automotive Component Manufacturers Association here, Geete said the Heavy Industry Ministry was framing a comprehensive auto policy after consultation with all the stakeholders.New Delhi: Prime Minister Narendra Modi will launch the second phase of the FAME India scheme here on September 7 at India39;s First Global Mobility Summit 39;MOVE39;, Union Minister Anant Geete said Wednesday.Automotive manufacturers claim the incentive from the government at the end of each month.

""The investment can be made through special purpose vehicle (SPV), alternative investment fund (AIF), fund of funds (FoF) and trust," it said." It is looking at possibilities of setting up battery charging stations for e-vehicles at CNG dispensing stations in a bid to diversify its portfolio beyond gas and petrochemicals. We want to leverage for emerging business opportunities," he said."It is all at drawing board stage."In line with its strategy to promote the use of green fuel, it is contemplating to promote gas appliances in households to increase gas usage and minimise electric usage in housing equipment and appliances such as gas boiler, gas-based air conditioner and bathroom heater.With the government planning to make a major shift to electric vehicles by 2030, GAIL feels that charging infrastructure for electric vehicles in India has not been fully developed yet.
Charging stations for e-vehicles at CNG dispensing stations in a bid to diversify its portfolio beyond gas and petrochemicals. According to a shareholder notice, it wants to invest in "start-ups in core business areas (of natural gas, petrochemicals, and energy) and non-core areas (like health, social and environment, safety, and security) either directly or indirectly.The official said there is a necessity to adopt new and different pathways to provide clean, cost-effective and efficient mobility services that are safe, reduce dependence on oil imports and achieve more efficient land-use in cities with the least environmental footprints and impacts on human health.GAIL wants to insert six new sections in the main objects clause of the memorandum of association of the company to foray into new businessNew Delhi: GAIL India, the country39;s largest gas transportation and marketing company, plans to set up battery charging stations for electric vehicles as well as build solar plants as it looks to be "future ready" for emerging businesses, a senior company official said. "We want to be future ready.
GAIL with its "pan-India presence through the natural gas network is deep-pocketed and has the capability of setting up charging infrastructure at a faster pace," he said.Operating nearly 14,000-km of natural gas and LPG pipeline and executing more than 4,500 km of new lines, GAIL feels it can provide services such as engineering, procurement and construction (EPC), engineering, procurement, China mid drive electric bike Factory construction management (EPCM) and project management consultancy (PMC) in the field of hydrocarbon pipelines. It also wants to "carry on the business of manufacture, import, distribution, and marketing of appliances relating to gas marketing and distribution, such as gas meter and CNG kits".end-ofTags: gail, charging stations, electric vehicles, investmentLocation: India, Delhi, New Delhi.GAIL wants to insert six new sections in the main objects clause of the memorandum of association of the company to foray into new business.With the objective in mind, the firm wants to set up "battery charging stations and provide charging services" to electric vehicles.The 34th annual general meeting of the company is scheduled for September 11.It is also looking to "harness solar power potential available at its various sites and installations which can be connected to grid for sale or for own use at other installations through wheeling of power.
Many cities are sourcing the fresh water through long-distance transport ranging from 50-200 km.Stating that with growing population and industrialisation, the effluent water discharged has increased significantly, GAIL in the notice said the treatment of the effluent water and maintaining of the freshwater table is a big challenge and a business opportunity. A lot will depend on norms."GAIL also has adequate experienced manpower and infrastructure for providing these services," the notice said. For example, we don39;t know if rules permit a battery charging facility at a petrol pump or a CNG station. With depletion of groundwater and monsoons becoming less predictable and unreliable, availability and utilisation of water are becoming key issues in modern India."We have the country39;s biggest network of pipelines and gas marketing infrastructure. We don39;t know at what price we can sell that battery charge," he said.It also wants to explore the business opportunity in waste-water treatment plants, water distribution, large water pipeline laying as an early mover.

REUTERS  Although there039;s plenty of lithium around, the problem is ensuring there is enough capacity to process it.By 2050, 81 percent of 132 million new auto sales will be electric, Morgan Stanley says.1 percent of 86.Jennison manages more than $164 billion of investment and is a top 10 investor in both FMC and U.Whiteside said Orocobre39;s difficulties were typical of many smaller players, noting that the Olaroz facility was the first new major brine operation started in 20 years.The production and use of electric cars is projected by Morgan Stanley analysts to rise to 2.Demand for lithium hydroxide, preferred over carbonate as it allows greater battery capacity and longer life, is expected to grow at a faster pace.Expansion plans by Chile Sociedad Quimica Y Minera (SQM), another of the top four, for next year are also based on long-term agreements, the company told Reuters.-listed FMC Lithium, one of the world top four producers."Because the number of brine operations has been so few historically, there are very few technically experienced chemical engineers to assist these junior companies," he said."Our first priority will be to provide the adequate supply of the high quality products upon which (our strategic customers) rely," he told Reuters.
Another company actively investing is Australia39;s Orocobre, which planned to produce 17,500 tonnes a year of lithium carbonate at its Olaroz facility in Argentina.-listed Albemarle, another of the top four producers.LIMITED VISIBILITYThe lithium-ion batteries needed to power electric cars use lithium carbonate or lithium hydroxide, but the industry typically talks in terms of lithium carbonate equivalent which contains both."SQM said in an email it was planning to invest $50 million to expand its lithium carbonate capacity in Chile to 63,000 tonnes by 2018 from 48,000 tonnes currently.China has reserves of both.Tianqi Lithium declined to comment on its investment plans."There are people out there promoting brine projects with plans that are not as robust as they should be."We39;ve established the timeline for our own expansion based on the commitments our customers are making with us," said Tom Schneberger, global business director at U.Severe weather cut this year39;s production to 11,700-11,800 tonnes, however.Although there39;s plenty of lithium around, the problem is ensuring there is enough capacity to process it.4 percent of 102 million new vehicles in 2025, from 1.Price projections out to 2025 are not available, but Benchmark estimates prices of lithium carbonate will average $13,000 a ton over the 2017-2020 period from around $9,000 a ton in 2015-2016."There39;s limited visibility into where we39;re going to get the last 200,000 tonnes of lithium if we hit the numbers Roskill is expecting for 2025," said Seth Ginns, a managing director at Jennison Associates. Benchmark predicts fat tire electric bicycle suppliers the price to average $18,000 a ton between 2017-2020 against $14,000 in 2015-2016.FOUR COMPANIES DOMINATETop producers are looking at a bonanza if they can ramp up investment fast enough with end-user commitments in hand.Albemarle is planning to expand its lithium carbonate equivalent capacity to 165,000 tonnes by 2021 from 89,000 tonnes this year, a spokesperson said.Battery makers and other end-users such as car manufacturers will need to sign multi-year deals that encourage large producers to invest more, and faster, industry sources say.Consultants Roskill estimate 785,000 tonnes of lithium carbonate equivalent a year will be needed by 2025, amounting to a 26,000-tonne shortfall from anticipated supply, compared to 217,000 tonnes of demand versus 227,000 tonnes of supply this year.
Roskill managing director Robert Baylis estimates FMC, Albemarle, SQM and China39;s Tianqi Lithium Corporation together accounted for 66 percent of the world39;s lithium carbonate equivalent last year.Some of that is already happening.Others expect an even larger deficit.S."end-ofTags: lithium, electric car, tesla. "We anticipate spending $700 million and $1 billion over the next 5 years. After that, capacity will be expanded as required by demand, FMC39;s Schneberger said. It also has joint ventures in Argentina and Australia to develop deposits.One is hard rock as found in Australia, for which ready-to- go capacity to produce battery grade lithium can take up to three years.5 million this year.Two types of lithium deposits dominate. The other is brine, mostly found in Chile and Argentina, which can take seven years or more.Battery makers and other end-users such as car manufacturers will need to sign multi-year deals that encourage large producers to invest more, and faster, industry sources say.S."We estimate the lithium industry is going to need between $4-$5 billion of investment out to 2025," said Simon Moores, managing director at Benchmark Minerals Intelligence. Wood Mackenzie consultant James Whiteside puts the figure at 78 percent."There are four names that dominate and that is likely to be the case for the next five years," said Jeremy Kent, a portfolio manager at Allianz Global Investors.Demand for battery-grade lithium compounds is expected to skyrocket in the next decades in tandem with soaring demand for electric cars as governments and individual consumers try to reduce their carbon footprint.9 percent of 99 million new vehicles in 2020 and to 9.FMC39;s lithium hydroxide capacity rose 80 percent in 2017 to 18,000 tonnes a year, and it has plans to boost that to 30,000 tonnes by the end of 2019. (Image used for representational purposes only)Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall.