By 2030, India to witness 10 mn EV sales annually

EVs and Green Hydrogen for India's Net Zero

Experts predict that electric vehicles (EVs) and green hydrogen will play pivotal roles in India's journey towards achieving its net-zero emissions target by 2070. Embracing these sustainable technologies is seen as essential for India to address climate change and reduce its carbon footprint significantly.

The shift towards EVs and green hydrogen is expected to revolutionise India's transportation and energy sectors, promoting cleaner and more sustainable alternatives to traditional fossil fuels. EVs offer a clean mobility solution, reducing air pollution and dependence on fossil fuel..

Biden Plans Tariffs on Chinese EVs

The Biden administration is gearing up to impose tariffs on Chinese electric vehicles (EVs) and other strategic sectors as part of its efforts to bolster domestic industries and reduce reliance on foreign imports. This move signals a significant shift in US trade policy towards China under the new administration.

The proposed tariffs come amid growing concerns over China's dominance in the EV market and its alleged unfair trade practices, including subsidies and intellectual property theft. By imposing tariffs, the Biden administration aims to level the playing field for American manuf..

EVs and green hydrogen to drive India's net-zero goal by 2070

Eminent scientists and thought leaders have asserted that the acceleration in the adoption of electric vehicles (EVs), the National Hydrogen Mission, and similar endeavours would drive India's progress towards achieving a net-zero target by 2070.

During an event organized by the Technology Development Board (TDB), under the Department of Science and Technology (DST), it was highlighted by Professor Ajay Kumar Sood, Principal Scientific Advisor to the government, that the promotion of EVs through initiatives like the National Electric Mobility Mission Plan (NEMMP) and Faster Adoption an..

Infrastructure Projects Plagued by Delays

Infrastructure development plays a crucial role in driving economic growth and societal progress. However, a recent report highlights a concerning trend of cost overruns and delays in over 1800 infrastructure projects across various sectors in India. According to the report, a staggering 449 projects have experienced cost overruns amounting to over Rs 5.01 lakh crore, significantly impacting their timely completion and overall efficacy.

These delays and cost escalations can be attributed to a myriad of factors, including inadequate planning, bureaucratic red tape, land acquisition issu..

Murugappa Group eyes the small commercial vehicle segment.

Murugappa Group is making an entry into the electric small commercial vehicle (e-SCV) business by investing Rs 30 billion in electric vehicles through its subunit. In the upcoming months,Tivolt Electric Vehicles, a subsidiary of the Murugappa Group?s TI Clean Mobility (TICMPL), will be launching their small commercial vehicle (e-SCV). Recently, Rs 5.8 billion was raised by TI Clean Mobility from private equity firm GEF Capital Partners LLC. After the closure of the proposed investment from GEF, the overall fundraising would aggregate to Rs 25.3 billion. According to the company, the vehicle'..