Latest news with #ZEVs
Time of India
6 hours ago
- Automotive
- Time of India
Over 18.8 lakh EVs supported under FAME schemes till June 2025: Govt
The government has extended support to more than 18.84 lakh electric vehicles (EVs) under the FAME India schemes as of June 30 this year, Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, informed the Lok Sabha in a written reply. According to the minister, the FAME-II scheme accounted for the majority of the support, covering 16,29,600 EVs. The earlier FAME-I scheme, which ran from 2015 to 2019, supported 2,55,305 vehicles, reports IANS . The government has also sanctioned ₹912.5 crore for the installation of 9,332 public charging stations (PCS) under FAME-II. Of these, 8,885 charging stations have been installed across the country as of June-end. The schemes are applicable nationwide, including in tier 2 and tier 3 cities, and aim to accelerate adoption of electric and hybrid vehicles through demand creation, domestic technology development, and manufacturing support for zero-emission vehicles (ZEVs). FAME scheme Under FAME-I, approximately 520 charging stations were sanctioned with a budget outlay of ₹43 crore, Varma added. The FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India) programme was launched in 2015 as part of the National Electric Mobility Mission Plan (NEMMP) 2020. While FAME-I concluded in 2019, FAME-II was active from 2019 to 2024, with the objective of promoting a robust EV ecosystem and aligning with India's emission reduction commitments under COP 21.
Forbes
12-06-2025
- Automotive
- Forbes
California Quickly Sues Trump In Effort To Save Its EV Mandate
WASHINGTON, DC - JUNE 12: U.S. President Donald Trump speaks as signs a series of bills related to ... More California's vehicle emissions standards during an event in the East Room of the White House on June 12, 2025 in Washington, DC. Members of Congress passed the bills using the Congressional Review Act and the effect would largely revoke the emissions standards enacted by the state of California. (Photo by) President Donald Trump followed through Thursday on his plan to kill California's electric vehicle mandate by signing a series of three resolutions passed under the Congressional Review Act (CRA). The EV mandate program has been a centerpiece of Governor Gavin Newsom's agenda in recent years. 'Now we know why Elon [Musk] doesn't like me so much,' the President joked during a White House speech preceding the signing ceremony, adding, "which he does, actually. He does.' That has been an open question since Musk - whose real-time worth according to Forbes topped $400 billion this week - and Trump engaged in a very public and personal exchange of insults a week ago. Because California has thus far been the biggest consumer market for EVs in general and Tesla's cars specifically, the conventional wisdom holds that a reversal of California's aggressive targets for forcing drivers via heavy regulations to adopt electric cars and other cars it classifies as Zero Emissions Vehicles (ZEVs) would harm Tesla most. But conventional wisdom has often been wrong throughout Tesla's 20-year history, and it seems just as likely that an end to the state's ability to enforce its regulations - which I explained in detail here on Wednesday - will do far more harm to Tesla's struggling competitors instead. In that prior story, I noted that California Attorney General Rob Bonta had threatened to challenge the President's action in federal court. Right on cue, Bonta, along with Democrat attorneys general from 10 additional states, filed their suit in the U.S. District Court for the Northern District of California within minutes after the signing took place. It represents the 26th time Bonta has sued the Trump administration in the less than five months since Trump was sworn into office on January 20. The CRA resolutions target the California Air Resources Board's (CARB) Advanced Clean Cars II program, Advanced Clean Trucks rules, and heavy-duty diesel engine standards. Together, those programs invoke incentives and escalating penalties designed to force buyers to abandon traditional internal combustion cars and replace them with either EVs or other cars that qualify as zero-emission vehicles (ZEVs). California's aggressive targets under the program call for 35% adoption of ZEVs by 2026, 68% by 2030, and 100% by 2035. But the state is already woefully behind the needed pace of adoption. The California government itself reports that, as of the end of 2024, just 6% of the light-duty cars on the road would qualify under the mandate. Governor Newsom said in a statement that, 'Trump's all-out assault on California continues – and this time he's destroying our clean air and America's global competitiveness in the process. We are suing to stop this latest illegal action by a President who is a wholly-owned subsidiary of big polluters.' The three resolutions signed by Trump will a) repeal a waiver under the clean air act issued by the Biden EPA in 2023 which allow California to mandate all new cars sold by 2035 be ZEVs; b) block rules requiring zero-emission sales targets for commercial trucks; and c) eliminate higher standards for heavy-duty diesel engines to reduce smog-forming nitrogen oxide pollution. As reported by KCRA Channel 3 in Sacramento, Bonta admitted to reporters that his office has spent $5 million thus far in 2025 on lawsuits against the Trump administration. The state assembly recently beefed up his budget with a $25 million additional budget authorization. "While there is some expenditure, I want to highlight the results," Bonta added, though his highlights were limited to a discussion of potential savings of billions of dollars in federal funds should he ultimately win some of his many suits. The process for lawsuits like these since January has first involved states or other plaintiffs challenging Trump's policy actions to shop for a federal judge willing to issue a stay or injunction preventing the administration from enforcement. That has been followed by a quick appeal by the Department of Justice (DOJ) to the relevant appellate court asking them to lift the hold. Bonta's lawsuit contends that the use of the CRA for the purpose of rescinding an EPA waiver is an improper use of the law, a question that has never been adjudicated in the courts. With the opening acts from both sides in this EV mandate debate having been fired today, it seems highly likely that this is a case that will rise to the Supreme Court to determine the ultimate winner.
Yahoo
15-05-2025
- Automotive
- Yahoo
'Big challenges': Uber wants more government help shifting drivers to EVs
Uber's (UBER) global head of electrification and sustainability says the ride-hailing giant faces 'big challenges' in its push for 100 per cent zero emissions rides in Canada, the United States and Europe by 2030. Rebecca Tinucci says the San Francisco-based company needs to forge a 'really tight public-private partnership' with Ottawa and provincial governments in order to make it happen. In the first three months of 2025, Uber says just 9.1 per cent of 'on trip' miles in Canada and the U.S. were completed in zero-emission vehicles (ZEVs). Earlier this month, Tinucci announced Uber would not fully achieve its 2025 electrification goals due to "high upfront EV costs, limited charging access, and inconsistent policy support" from governments. According to data from Statistics Canada released on Wednesday, ZEVs comprised 6.5 per cent of total new motor vehicles sold in March. Sales tumbled 47 per cent year-over-year, adding to a 41 per cent decline in February. 'I know it's very challenging,' Tinucci told an audience at the EV & Charging Expo 2025 event in Toronto on Wednesday. 'We have very aggressive goals at Uber around being a zero-emissions platform. Here in Canada, it's 2030.' Uber announced its commitment to become a zero-emissions platform by 2040 back in 2020, including the 2030 target for Canada, the U.S., and Europe. 'To be clear, it is a North Star, and we've said in the beginning that it requires really tight public-private partnership to make that happen. And candidly, right now [there are] big challenges on the horizon,' Tinucci said. In January, Canada's federal government paused its ZEV incentive program worth up to $5,000 on eligible cars and trucks. British Columbia is due to pause its electric vehicle rebate program worth up to $4,000 on May 15. Quebec's EV rebate dropped to a maximum of $4,000 per eligible vehicle, from $7,000 on Jan. 1. Tinucci says Uber is doing its part to spur drivers to shift to ZEVs. The company offers financial incentives for drivers with zero-emission vehicles. In 2020, Uber promised to spend $800 million through 2025 to help drivers in Canada, the U.S., and Europe transition to electric vehicles. 'Many of our drivers across the world take home more money because they drive an EV,' Tinucci said. 'We see better reviews and higher tipping from customers who ride in EVs.' She adds that Uber drivers in Canada are transitioning to electric vehicles six times faster than the general public, and incentivizing ride-hailing drivers to switch is essential, since they spend so much more time on the road. General Motors (GM) Canada vice-president of marketing and sales Shane Peever says the "unpredictability" of EV rebates from the federal and provincial governments has been a speed bump for the automaker. "Having some consistency on that will really help the EV market in Canada," he said on Wednesday at the same event. "Manufacturers, not just General Motors, will be able to plan appropriately. That's one of the things that we've had a challenge with this year, is trying to predict demand amid those ever-changing policy landscapes." Peever notes that over half of GM Canada's EV business is driven by Quebec, where government rebates are among the most generous. BMO Capital Markets analyst Erik Johnson says changes in rebate policies across multiple levels of government were the main reason behind plunging ZEV sales in March. "There are still no details on whether the federal rebate will return," he wrote in a note to clients on Wednesday. Johnson adds that Canada's 47 per cent year-over-year plunge in March stands in sharp contrast to the U.S. market, where sales for the month increased 19 per cent on an annualized basis. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android.
Yahoo
15-05-2025
- Automotive
- Yahoo
'Big challenges': Uber wants more government help shifting its drivers to EVs
Uber's (UBER) global head of electrification and sustainability says the ride-hailing giant faces 'big challenges' in its push for 100 per cent zero emissions rides in Canada, the United States and Europe by 2030. Rebecca Tinucci says the San Francisco-based company needs to forge a 'really tight public-private partnership' with Ottawa and provincial governments in order to make it happen. In the first three months of 2025, Uber says just 9.1 per cent of 'on trip' miles in Canada and the U.S. were completed in zero-emission vehicles (ZEVs). Earlier this month, Tinucci announced Uber would not fully achieve its 2025 electrification goals due to "high upfront EV costs, limited charging access, and inconsistent policy support" from governments. According to data from Statistics Canada released on Wednesday, ZEVs comprised 6.5 per cent of total new motor vehicles sold in March. Sales tumbled 47 per cent year-over-year, adding to a 41 per cent decline in February. 'I know it's very challenging,' Tinucci told an audience at the EV & Charging Expo 2025 event in Toronto on Wednesday. 'We have very aggressive goals at Uber around being a zero-emissions platform. Here in Canada, it's 2030.' Uber announced its commitment to become a zero-emissions platform by 2040 back in 2020, including the 2030 target for Canada, the U.S., and Europe. 'To be clear, it is a North Star, and we've said in the beginning that it requires really tight public-private partnership to make that happen. And candidly, right now [there are] big challenges on the horizon,' Tinucci said. In January, Canada's federal government paused its ZEV incentive program worth up to $5,000 on eligible cars and trucks. British Columbia is due to pause its electric vehicle rebate program worth up to $4,000 on May 15. Quebec's EV rebate dropped to a maximum of $4,000 per eligible vehicle, from $7,000 on Jan. 1. Tinucci says Uber is doing its part to spur drivers to shift to ZEVs. The company offers financial incentives for drivers with zero-emission vehicles. In 2020, Uber promised to spend $800 million through 2025 to help drivers in Canada, the U.S., and Europe transition to electric vehicles. 'Many of our drivers across the world take home more money because they drive an EV,' Tinucci said. 'We see better reviews and higher tipping from customers who ride in EVs.' She adds that Uber drivers in Canada are transitioning to electric vehicles six times faster than the general public, and incentivizing ride-hailing drivers to switch is essential, since they spend so much more time on the road. General Motors (GM) Canada vice-president of marketing and sales Shane Peever says the "unpredictability" of EV rebates from the federal and provincial governments has been a speed bump for the automaker. "Having some consistency on that will really help the EV market in Canada," he said on Wednesday at the same event. "Manufacturers, not just General Motors, will be able to plan appropriately. That's one of the things that we've had a challenge with this year, is trying to predict demand amid those ever-changing policy landscapes." Peever notes that over half of GM Canada's EV business is driven by Quebec, where government rebates are among the most generous. BMO Capital Markets analyst Erik Johnson says changes in rebate policies across multiple levels of government were the main reason behind plunging ZEV sales in March. "There are still no details on whether the federal rebate will return," he wrote in a note to clients on Wednesday. Johnson adds that Canada's 47 per cent year-over-year plunge in March stands in sharp contrast to the U.S. market, where sales for the month increased 19 per cent on an annualized basis. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Automotive
- Yahoo
Uber says push for all-electric rides by 2030 faces 'big challenges'
Uber's global head of electrification and sustainability says the ride-hailing giant faces 'big challenges' in its push for 100 per cent zero emissions rides in Canada, the United States and Europe by 2030. Rebecca Tinucci says the San Francisco-based company needs to forge a 'really tight public-private partnership' with Ottawa and provincial governments in order to make it happen. In the first three months of 2025, Uber says just 9.1 per cent of 'on trip' miles in Canada and the U.S. were completed in zero-emission vehicles (ZEVs). Earlier this month, Tinucci announced Uber would not fully achieve its 2025 electrification goals due to "high upfront EV costs, limited charging access, and inconsistent policy support" from governments. According to data from Statistics Canada released on Wednesday, ZEVs comprised 6.5 per cent of total new motor vehicles sold in March. Sales tumbled 47 per cent year-over-year, adding to a 41 per cent decline in February. 'I know it's very challenging,' Tinucci told an audience at the EV & Charging Expo 2025 event in Toronto on Wednesday. 'We have very aggressive goals at Uber around being a zero-emissions platform. Here in Canada, it's 2030.' Uber announced its commitment to become a zero-emissions platform by 2040 back in 2020, including the 2030 target for Canada, the U.S., and Europe. 'To be clear, it is a North Star, and we've said in the beginning that it requires really tight public-private partnership to make that happen. And candidly, right now [there are] big challenges on the horizon,' Tinucci said. In January, Canada's federal government paused its ZEV incentive program worth up to $5,000 on eligible cars and trucks. British Columbia is due to pause its electric vehicle rebate program worth up to $4,000 on May 15. Quebec's EV rebate dropped to a maximum of $4,000 per eligible vehicle, from $7,000 on Jan. 1. Tinucci says Uber is doing its part to spur drivers to shift to ZEVs. The company offers financial incentives for drivers with zero-emission vehicles. In 2020, Uber promised to spend $800 million through 2025 to help drivers in Canada, the U.S., and Europe transition to electric vehicles. 'Many of our drivers across the world take home more money because they drive an EV,' Tinucci said. 'We see better reviews and higher tipping from customers who ride in EVs.' She adds that Uber drivers in Canada are transitioning to electric vehicles six times faster than the general public, and incentivizing ride-hailing drivers to switch is essential, since they spend so much more time on the road. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
