{"id":8210,"date":"2024-06-14T03:31:03","date_gmt":"2024-06-14T03:31:03","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8210"},"modified":"2024-06-14T03:31:03","modified_gmt":"2024-06-14T03:31:03","slug":"kal-signs-jv-to-manufacture-evs","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/kal-signs-jv-to-manufacture-evs\/","title":{"rendered":"KAL signs JV to manufacture EVs"},"content":{"rendered":"<p>Following the governments decision to promote electric vehicles in a big way,<u>Kerala<\/u>Automobiles Limited (KAL), a state<u><a href=\"https:\/\/exam.pscnotes.com\/psu\">Psu<\/a><\/u>, has entered into a JV with Mumbai-based Lords Mark Industries Pvt Ltd for manufacturing EVs.<\/p>\n<p>Under the agreement, the first production facility will be set up in Kannur at an estimated  of <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> Rs 20-30 crore from Dec 2022. Operations will subsequently be expanded on a pan-India basis by partnering with OEMs.<\/p>\n<p>Kerala was one of the first states in India to draft an e-vehicle policy and has been in the forefront of boosting clean energy initiatives in the transport sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the governments decision to promote electric vehicles in a big way,KeralaAutomobiles Limited (KAL), a statePsu, has entered into a JV with Mumbai-based Lords Mark Industries Pvt Ltd for manufacturing EVs. Under the agreement, the Join Our Telegram Channel Subscribe on YouTube first production facility will be set up in Kannur at an estimated of &#8230; <a title=\"KAL signs JV to manufacture EVs\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/kal-signs-jv-to-manufacture-evs\/\">Read more <span class=\"screen-reader-text\">KAL signs JV to manufacture EVs<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1099],"tags":[1130],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KAL signs JV to manufacture EVs - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/kal-signs-jv-to-manufacture-evs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KAL signs JV to manufacture EVs\" \/>\n<meta property=\"og:description\" content=\"Following the governments decision to promote electric vehicles in a big way,KeralaAutomobiles Limited (KAL), a statePsu, has entered into a JV with Mumbai-based Lords Mark Industries Join Our Telegram Channel Subscribe on YouTube Pvt Ltd for manufacturing EVs. 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Under the agreement, the first production facility will be set up in Kannur at an estimated of ... 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