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CRISIL Backs 3-Wheelers, Two Wheelers to Lead EV Charge

By 2024, as much as 43-48 percent of new 3-wheelers and 12-17 percent of new 2-wheelers sold in India will be electric vehicles, a study by CRISIL has shown A view that we have repeatedly pointed out as an unfolding reality has been confirmed by CRISIL too. The leading research firm  has predicted that by […]

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CRISIL Report on Getting Charged

By 2024, as much as 43-48 percent of new 3-wheelers (excluding e-rickshaws), and 12-17 percent of new two-wheelers sold in India will be electric vehicles (EVs), a study by CRISIL Research has shown. But traction may be low for 4-wheelers, with only 5 percent of new sales likely to be EVs. The study looked at […]

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NA, Western Europe & APAC Accounted for 74% of DESS Industry

A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global DESS industry A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global distributed energy storage system (DESS) industry, including battery energy storage systems, thermal energy […]

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Fifteen Cleantech Startups Awarded for Unique Technology, Biz Model

In a bid to encourage startup companies in the cleantech space, fifteen companies addressing climate change and energy access were awarded by the Government of India, BIRAC, Tata Trusts, Tata Power and Social Alpha. These companies were working on technologies for energy storage, smart metering, clean cooking, innovative electric vehicle (EV) solutions, battery technologies, energy monitoring […]

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Gadkari Urges Players for Electric Lane of Delhi-Mumbai Expressway

Nitin Gadkari has urged industry players to join hands with the government for the proposed electric lane on Rs 1.03 lakh crore Delhi-Mumbai Expressway Union Minister of Road Transport and Highways Nitin Gadkari has urged industry players to join hands with the government for the proposed electric lane on Rs 1.03 lakh crore Delhi-Mumbai Expressway while promising to provide policy support to […]

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Policy Certainty Will Increase Renewable Investment in India: IEEFA

Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […]

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Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie

The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […]

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Tariff of Renewable Plus Storage Tenders now Competing With Thermal

In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […]

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Hyundai & Canoo to Co-Develop Electric Platform for Future EVs

Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs Hyundai Motor Group and Canoo have announced that Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs. As part of […]

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