In a potential game-changing development for India’s clean energy landscape, Adani Group Chairman Gautam Adani recently visited the headquarters of Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL), signaling…
PLI scheme
In a significant boost to India’s electric vehicle (EV) ecosystem, the central government and several states have launched comprehensive schemes aimed at accelerating EV adoption, manufacturing, and supporting infrastructure. These…
Bajaj Auto may halt production of its electric vehicles (EVs) in August due to a critical shortage of rare earth magnets, making it the first Indian automaker to suspend manufacturing…
Climate change has reached a tipping point. Our planet is grappling with unprecedented challenges that demand urgent, eco-friendly solutions across all aspects of human activity. Transportation, a significant contributor to…
The Indian automotive industry is expected to reach $300 billion in 2030, driven by a fast-growing electric vehicle (EV) sector, according to the India Brand Equity Foundation. The EV trend…
According to Union Minister Nitin Gadkari, the Indian market for electric vehicles is predicted to reach the one crore unit annual sales level by 2030, generating five crore jobs. The…
The Ministry of Heavy Industries (MHI) has announced a pre-bid meeting at IFCI Limited in New Delhi, laying the foundation for the second round under the Production Linked Incentive (PLI)…
In a recent gathering, Union power minister R K Singh announced that the government will bring out another production-linked incentive (PLI) scheme for grid-connected battery to bring down its cost…
Background: In order to become a USD 5 trillion economy and a global economic powerhouse by 2024~25 as envisaged by Prime Minister Narendra Modi in 2019, the Indian economy has…
Indian mobility giant, Mahindra Last Mile Mobility (LMM) has achieved another milestone by becoming No.1 manufacturer of electric 3-wheelers FY’23. LMM recently broke ground on a new production unit at…