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Global EV Market To Reach $802.75 Billion By 2028: Report

A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […]

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“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […]

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How Cities Can Take Action to Drive the Energy Transition: IRENA

The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […]

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EVs Covers 1.3% of Vehicle Sales in India in FY 20-21

Increasing domestic EV manufacturing is making India Atmanirbhar and positively impacting the Trade Deficit of India. Electric Vehicle (EV) adoption and hence its manufacturing has been the prime focus of our country for a few years now. The central and state governments are bringing new policies and incentives every year so far. According to a […]

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Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021

At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […]

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Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […]

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India is not Responsible for Climate Change That is Happening: Javadekar

Prakash Javadekar has said that India will raise its climate ambitions, but it is not responsible for climate change that is happening. Union Minister of Environment, Forest and Climate Change Prakash Javadekar while addressing the press after a meeting with French Foreign Minister Jean-Yves Le Drian at the French Embassy has said that India will raise its climate ambitions but […]

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New Zealand Makes World’s 1st Climate Change Law For Financial Firms

New Zealand is about to become the world’s first country to bring a law into force that demands environmental accountability from financial firms by asking them to report on how their businesses affect climate change. The aim is to bring the financial sector on board with the efforts being made towards achieving the country’s target […]

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Ashok Leyland Planning two Green Mobility Subsidiaries in India

Ashok Leyland through its subsidiary Switch Mobility has announced its global expansion plans into India and its plan to create 2 subsidiaries Ashok Leyland through its subsidiary Switch Mobility, the U.K.-based EV producer of Buses and Vans, has announced its global expansion plans into India and its plan to create two subsidiary companies. The first, […]

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