India Govt Approves New Electric Vehicle Policy: Will Tesla Enter India?
The policy mandates a minimum investment of ₹4150 crore ($500 million) with no upper limit on investment. Under this policy, companies are required to establish their manufacturing facilities in India within three years and start commercial production of EVs.
Electric Vehicles Emit More Particle Pollution, Claims Study
The brakes and tyres on EVs release 1,850 times more particle pollution, claims the study.
Xiaomi Makes Big Bet on Premium Electric Car Market
The company, known for its affordable smartphones and smart home devices, surprised many by unveiling its first EV, the SU7, at the Mobile World Congress in Barcelona.
Tata Electric Vehicle Unit Gears Up for $1-2 Billion IPO
This follows TPEML’s successful securing of $1 billion in funding from TPG in January 2023 as part of its ambitious $2 billion investment plan for the EV segment by 2026.
Indians Prefer Hybrid Cars Over EVs, Says Deloitte Study
Despite EV’s appeal for lower fuel costs and emissions, concerns about charging time, range, and infrastructure remain significant hurdles.
“Tesla Killer” BYD to Launch Seal EV; Tata Motors Reduces EV Prices
The Seal EV joins BYD’s existing electric vehicle lineup in India, which includes the Atto 3 electric SUV and e6 MPV
Israel’s StoreDot Achieves 160km Battery Range for EVs in 4-minutes Charging
The production delivery of these fast-charging batteries is expected in 2026
Sajjan Jindal’s JSW to Invest Rs 40,000 cr in Odisha to Set Up EV Plant
This endeavor includes the establishment of a 50 GWH EV battery plant, EV manufacturing facilities, a lithium refinery, a copper smelter, and ancillary component production units.
UAE Leads a Wave of Hydrogen Fuel Projects in the GCC
The UAE is increasingly focusing on hydrogen in their energy transition strategies. This shift positions the country as a potential leader in hydrogen production, storage and transportation, leveraging the role of sustainable energy solutions in combating climate change.
Panasonic plans to reduce 1% of global emission by 2050, says Panasonic Middle East & Africa MD Hiroyuki Shibutani (Interview)
Looking ahead to 2050, Panasonic Group aspires to make a significant impact, aiming to cut CO2 emissions by over 300 million tons—equivalent to approximately 1% of the current global total emissions