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Karnataka imposes 18% GST on public EV charging stations
Startup News FYI
·
2y ago
Medial
The Karnataka Authority for Advance Ruling has imposed an 18% Goods and Services Tax (GST) on public electric vehicle (EV) battery charging stations. This decision clarifies the applicable GST rate for EV charging infrastructure in the state of Karnataka, which may impact the costs and economics of setting up and operating public charging stations for electric vehicles.
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Related News
EV players discuss development of battery charging, swapping infra with Piyush Goyal
Economic Times
·
7m ago
Medial
Electric vehicle (EV) stakeholders discussed battery charging and swapping infrastructure with Commerce Minister Piyush Goyal and officials from the Department of Heavy Industries and DPIIT. Representatives from Tata, TVS, and Mercedes-Benz India raised concerns about the location and standards of swapping stations. The government aims to promote EV manufacturing through policy incentives and public charging stations. India's EV market is projected to achieve significant growth, with new jobs and public charging facilities planned under schemes like FAME-II and PM E-DRIVE.
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Tesla’s Charging Network is Now Open to Other EVs and Ford Is First In Line
Wired
·
1y ago
Medial
Ford is allowing its electric vehicle (EV) owners to access Tesla's Supercharger network through free adapters until July. The move comes as a solution to the dissatisfaction EV drivers face with the availability of public charging stations. By adopting Tesla's North American Charging Standard plug, Ford is providing its drivers with access to 15,000 new chargers, expanding the total number of chargers to 126,000 across the US and Canada. This move is expected to improve customer satisfaction with public charging availability. However, access to older Tesla charging stations and select newer ones will still be exclusive to Tesla drivers.
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India developers seek to cash in on soaring EV sales with residential chargers
Reuters
·
1y ago
Medial
Indian developers are installing electric vehicle (EV) chargers in new residential properties to attract buyers and enhance the value of the units. Although EVs represent only 2.4% of vehicle sales in India, EV sales have grown by 137% to 48,000 units. However, the inadequate public charging infrastructure could hinder India's aim of making EVs account for a third of total vehicle sales by 2030. Property developers such as Sobha and Prestige are capitalizing on the scarcity of public charging stations by incorporating EV charging facilities in their residential projects.
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How Battery Swapping & Charging Stations Could Shape India’s EV Future
Inc42
·
10m ago
Medial
- EV penetration expected to exceed 40% by 2030, with strong adoption in 2W and 3W categories. - Battery swapping and conventional charging infrastructure being evaluated to accelerate EV adoption in India. - Battery swapping involves exchanging depleted batteries for fully charged ones at swapping stations. - Conventional charging infrastructure focuses on establishing charging points in public spaces and residential areas. - Challenges in battery swapping include standardization, cost, and scalability. - Conventional charging infrastructure offers more flexibility but requires longer charging times.
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DPI platform in works to find closest EV charging spot, more
Economic Times
·
1y ago
Medial
The team behind ONDC and other digital economy ecosystems is developing a digital public good called Unified Energy Interface (UEI). Powered by Beckn Protocol, UEI allows users to locate EV charging stations, green energy sources, and idle batteries across India. Users can search for charging stations, select the energy units needed, and place orders through various apps or even from an EV's dashboard. Multiple companies, including Pulse Energy and Kazam, have partnered for this initiative, which aims to streamline EV charging and payments.
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Charge Zone Secures $19 Mn From British International Investment
Inc42
·
1y ago
Medial
EV charging startup Charge Zone has received a commitment of $19 million (INR 158 crore) from the British International Investment (BII), the development finance institution of the UK government. Founded in 2018, Charge Zone provides high-speed charging networks for electric cars, buses, and trucks. The funding will be used to expand its charging network in key cities and highways across India, with a focus on Delhi, Mumbai, Hyderabad, and other major cities. Charge Zone aims to roll out over 1,500 super charging stations in the next 18 months and have more than 10,000 charging stations by 2027.
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Google Maps will soon locate nearest EV charging stations for you: Here's how
Livemint
·
1y ago
Medial
Google Maps and Search are introducing new features to assist electric vehicle (EV) drivers in finding and accessing charging stations. The updates include AI-powered summaries that provide detailed directions to charging stations based on user reviews, real-time information on charging port availability and speed, suggestions for charging locations during multi-stop trips, and an EV filter on Google's travel website to find hotels with onsite charging facilities. With these enhancements, Google aims to offer comprehensive support to EV owners, making it easier for them to plan road trips and find charging options.
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Bhel looks to tap India’s payments powerhouse to charge up govt’s EV drive
Livemint
·
11d ago
Medial
Bharat Heavy Electricals Ltd. (Bhel) plans to collaborate with the National Payments Corporation of India (NPCI) to create a digital app integrating payment systems for electric vehicle (EV) charging stations across India. This initiative is part of the ₹10,900 crore PM E-Drive scheme, aimed at enhancing green mobility. Bhel is also expected to lead the tendering process for 72,300 public EV charging stations, with a significant ₹2,000 crore allocation for station subsidies.
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Tata Passenger Electric Mobility partners with Shell India to boost EV charging infrastructure in India
IndianStartupNews
·
1y ago
Medial
Tata Passenger Electric Mobility (TPEM) has teamed up with Shell India Markets to establish public electric vehicle (EV) charging stations across India. The partnership aims to enhance the EV charging experience and encourage more people to adopt EVs in the country. The plan involves leveraging Shell's extensive fuel station network and data from Tata's EVs to roll out charging stations at strategic locations. Both companies are also exploring convenient payment systems and loyalty programs. TPEM is the market leader in EVs in India, commanding a 71% market share in electric passenger vehicles.
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China's oil majors face uphill climb to adapt to EV future
Reuters
·
1y ago
Medial
China's state-run oil giants, Sinopec and PetroChina, are adapting to China's shift towards electric vehicles (EVs) by building charging stations. As EV sales are expected to reach 40% of total car sales this year in China, the demand for gasoline is predicted to peak by 2025. However, the public EV charging sector in China faces challenges such as low utilization, market fragmentation, and overcapacity. Despite this, global energy companies like Shell and TotalEnergies are also investing in EV charging infrastructure in China, drawing lessons from early adopter markets like Norway.
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