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Five Reasons EVs Will Deliver On Their Clean Promise

In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […]

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Top Automakers in Japan, India Lag in EV Transition: Report

A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market.  The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […]

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Credent to Launch India’s Largest EV Healthcare Delivery Fleet

Healthcare and diagnostic firm, Credent, also known as C3 Logistics, is set to launch India’s largest electric vehicle (EV) delivery fleet. The firm will be converting its entire fleet of 2500 to EVs. The initiative comes with a view to support the sustainability efforts of the healthcare industry and curb carbon emissions. Credent will also […]

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Tata Power to Procure Short-Term Power at Rs 7.60/unit in Maharashtra 

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed the Tata Power Company Limited-Distribution (TPC-D), a power distribution company, to procure short-term power in Maharashtra at a weighted average of Rs 7.60 per unit. The price was discovered through competitive bidding, which the discom floated for short-term power procurement from April 2023 to June […]

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Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23

Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).  Tata Power said that its PAT rose […]

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Credit Fair Partners Tata Power Solar for Solar Rooftop Installation Financing Solutions

27th April 2023: Credit Fair, a consumer lending fintech startup, has partnered with Tata Power Solar Systems Limited (TPSSL), a 100 per cent subsidiary of Tata Power Renewable Energy Limited (TPREL) to offer collateral-free affordable financing solutions with low cost for both individuals as well as MSMEs planning to reduce their carbon footprint and electricity […]

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How EVs Are Changing The Auto Sector

In recent years, India has made rapid progress towards the adoption of electric vehicles (EVs) in the transportation sector. The movement started when the government announced an ambitious plan to achieve 30% EV penetration by 2030. The first major step was the introduction of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Scheme in […]

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PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles

CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […]

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IIT Guwahati & Tata Elxsi Collaborate to Advance Electric Mobility Solutions

The Indian Institute of Technology Guwahati has entered into an agreement with Tata Elxsi. The MoU will pave the way for the development and commercialisation of solutions for the electric mobility market. Tata Elxsi looks into providing global technology services provider for the automotive and transportation industry. The signatories of the agreement were Prof. Parameswar […]

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