1. New Maharashtra EV Policy 2025 aims to strengthen EV charging infrastructure.
State Government of Maharashtra has agreed upon the new EV Policy 2025 (for a five year period), which aims to increase the share of EV registrations to 30% of all new vehicle registrations by 2030. With an outlay of Rs 1995 crore, the new EV policy also aims to strengthen the state's EV charging infrastructure. The 2021 EV policy had an outlay of Rs 930 crore for a four year period.
The new policy offers 10% subsidy on base prices for electric two-wheelers, three-wheelers, non-transport four-wheelers, State Transport electric buses & private transport e-buses. For cargo electric three-wheelers, transport four-wheelers, light & heavy goods carrier EVs and electric tractors, the subsidy will be 15%. Maharashtra government has also decided to make key highways toll free for EVs. These include the Mumbai-Pune Expressway, the Samruddhi Mahamarg (Mumbai-Nagpur Expressway) and the Mumbai Trans Harbour Link (Atal Setu). Agreements will be signed with oil marketing companies (OMCs) to set-up EV charging stations at petrol pumps. All State Transport bus depots too will have EV charging infrastructure and dedicated space for electric bus parking & charging. Municipal Corporations in the state will also be directed to set aside 1% of their annual budget to fund EV charging infrastructure.
Akshay Shekhar, CEO and Co-Founder, Kazam gave a statement regarding this: “Maharashtra’s new EV policy is truly ambitious & inclusive. By addressing charging point shortages in older housing societies and opening bus depots for public charging of two & three-wheelers, it solves real world problems faced by delivery & fleet drivers. At Kazam, we have seen how reliable charging access boosts earnings and streamlines operations. This thoughtful approach not only fosters cleaner cities but also propels the entire EV ecosystem forward, and we’re proud to support it.”
2. MG Windsor EV Pro launched. Registers 8000 bookings in 24 hours.
After the success of the Windsor EV, MG has launched the Pro version of the car with a bigger 52.9 kWh battery, which offers a range of 449 km. This is a big upgrade from the 332 km of range offered by the 38 kWh battery pack on the standard version. The new version of the EV is priced at Rs 17.50 lakh (with battery), or Rs 12.50 lakh + Rs 4.5 per km with MG's battery rental scheme. The new MG Windsor EV Pro is available in a single fully-loaded variant, the 'Essence Pro'. Along with the bigger battery, the Windsor Pro also comes with a new beige interior, new alloy wheels & Level 2 ADAS suite.
The MG Windsor EV Pro has already registered over 8000 bookings in just 24 hours.
3. Rilox EV signs electric two-wheeler supply agreement with Hala Mobility.
Electric vehicle manufacturer Rilox EV has signed a multi-year partnership with EV rental platform Hala Mobility. As part of the agreement, Rilox & Hala Mobility will deploy 20,000 electric two-wheelers. These will include both low-speed & high-speed E2W models. Each month, 400 EVs will be deployed by Hala, for delivery workers, commuters and shared transport services.
Rilox EV will supply its Spark Elite model under this partnership.
4. State-owned power entities in UP sign solar power agreements.
Adani Green has signed an agreement to supply 400 MW of solar power to Uttar Pradesh Power Corporation Limited (UPPCL) from its project in Rajasthan. The agreed tariff for this will be Rs 2.57 per kWh.
Coal India Ltd has signed an agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) for setting-up a 500 MW solar power project. This project is a part of Coal India’s broader strategy to diversify its energy portfolio.
5. ArcelorMittal starts clean energy supply to its Indian joint venture with Nippon Steel.
Global steel & mining giant ArcelorMittal has started supplying clean energy to AMNS India in Gujarat from its 1-gigawatt (GW) solar & wind project located in Andhra Pradesh. The $0.7 billion project has been conceived & developed by ArcelorMittal's wholly-owned subsidiary AM Green Energy.
AMNS India is a 60-40 joint venture between Luxembourg-based ArcelorMittal & Nippon Steel of Japan. The project is expected to reduce AMNS India's carbon emissions by 1.5 million tonnes per year, supporting the steel maker's target to reduce carbon emissions by 20% by 2030. The project is one of three renewable energy projects ArcelorMittal has been developing. In total, the company has 2.3 GW of renewable energy projects in India, Brazil & Argentina. Vast in size, the solar power installation is spread over 2400 acres and the wind power installation is spread over 700 acres.
For complete energy management & EV charging solutions, explore the Kazam website and reach out to us at business@kazam.in
