Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services. However, Blusmart operates … [continued]
Although most vehicular traffic in India is two- and three-wheeled, it is still exciting to see the numbers of four-wheeled personal vehicles going electric on India’s roads. India is an economic force to be reckoned with, even though the promise of Chindia in the ’90s has not come to pass. … [continued]
For the last few decades we have watched as India teetered on the brink of achieving its potential of sustained high economic growth. Can India achieve this by becoming an automotive superpower? She is expected to be the third largest global automotive market by 2026 and is targeting 30% of … [continued]
Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Partnership Announced For India’s Largest Floating Solar Power Project Government-owned hydropower generation company NHPC … [continued]
By Laurie Stone This past year saw many memorable moments, from vaccine rollouts to a new Ghostbusters movie to Bernie Sanders’ mittens going viral. But it also saw real progress on climate action. Here we list our top 15 climate developments of 2021, in no particular order. US Rejoins Paris Climate Agreement The … [continued]
Guest blog by Nitish Arora and Jessica Korsh India needs to exponentially increase the number of electric vehicle (EV) charging stations to power the potential 102 million EVs on the road in 2030. Reaching this target is essential to prevent a climate catastrophe and improve the unhealthy air quality for millions of Indians. A robust … [continued]
Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Reliance Invests In US Energy Storage Company A … [continued]
Volkswagen AG is joining Tesla in its appeal for India to lower import duties on EVs, Reuters reports. The goal is to drive demand for clean vehicles and Volkswagen India’s managing director of Skoda Auto, Gurpratap Boparai, shared some thoughts on this. He explained that cutting duties on EVs even … [continued]
India will witness a rapid growth in freight transport over the coming decades. The country can implement a set of solutions to meet that growing demand cost-effectively and sustainably
Originally published on NRDC Expert Blog. By Sameer Kwatra, Co-authored with Nitish Arora India, the world’s fourth-largest renewables market and fifth-largest automobile producer, is also the world’s third-largest oil importer. By transitioning to renewable energy powered electric vehicles, the country can save billions on energy imports, drastically improve air quality in India’s cities, while … [continued]
