Australia eyes US climate policy shift for green energy boost

“The Inflation Reduction Act, for example, has seen considerable capital flow to the United States. If those incentives aren’t there, then that has implications for the nature of the global economy,” he said. Any move by the Trump administration to change U.S. climate policy could benefit Australia‘s ambitions to attract greater investment to its critical… Continue reading Australia eyes US climate policy shift for green energy boost

India’s energy shift: Renewables, EVs, and smart grids set to transform sector by 2025

As renewable energy generation increases, the report states that large-scale Battery Energy Storage Systems (BESS) will play a critical role in balancing supply and demand. India’s energy sector is projected to see robust growth in renewable energy, smart grids, and electric vehicles by 2025, as the country targets 500 GW of green energy capacity by… Continue reading India’s energy shift: Renewables, EVs, and smart grids set to transform sector by 2025

Venture debt funding propels Indian fintech, EV startups: Report

This preference shows a growing recognition of the strategic advantages venture debt provides, especially in capital-intensive and rapidly evolving industries. The venture debt market in India is steadily growing, mirroring the early days of venture capital, particularly in the emerging startup sectors such as fintech and electric vehicles (EVs), a report showed on Thursday. Indian… Continue reading Venture debt funding propels Indian fintech, EV startups: Report

Curbs under GRAP stage-3 to come into force in Delhi-NCR from today

Updated On Nov 15, 2024 at 08:41 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Under the third stage of the GRAP, there would be restrictions on the plying of BS-lll petrol and BS-IV diesel vehicles in Delhi and the districts of Gurugram, Faridabad, Ghaziabad and Gautam Budh Nagar. New Delhi:… Continue reading Curbs under GRAP stage-3 to come into force in Delhi-NCR from today

Auto cos bet on ‘premium’ showrooms

The premiumisation drive is being rolled out right from the mass players such as Maruti and Tata Motors, to mid-scale brands such as Hyundai and JSW MG Motor, and even luxury companies such as Mercedes-Benz that has created a separate, curated experience for its AMG line of super cars. To tap into the growing love… Continue reading Auto cos bet on ‘premium’ showrooms

Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

The auto major said, the demerger is being done through a composite scheme of arrangements to be approved by NCLT, the process for which is already underway. Tata Motors on Thursday issued a clarification on an ET report that said Tata Sons is understood to be creating a holding company for Tata Motors to house… Continue reading Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

India set to become ‘major producer’ of electric vehicles like China: Mark Mobius

Mobius told IANS that India is going to become a major producer of EVs sooner than expected. New Delhi, which began its electric vehicle (EV) journey with two-wheelers, is set to become a “major producer” of electric vehicles like China in years to come, ace global investor Mark Mobius has said. The EV sales have… Continue reading India set to become ‘major producer’ of electric vehicles like China: Mark Mobius

Global carbon emissions inch upwards in 2024 despite progress on EVs, renewables and deforestation

Our latest carbon budget shows global fossil fuel emissions continue to increase, further delaying the peak in emissions. Oslo and Pierre Friedlingstein, University of Exeter Oslo, Nov 13 (The Conversation) Carbon dioxide (CO₂) emissions from fossil fuels continue to increase, year on year. This sobering reality will be presented to world leaders today at the… Continue reading Global carbon emissions inch upwards in 2024 despite progress on EVs, renewables and deforestation

State’s first EV industrial park to be developed in Vilappilsala

The selected consulting firm will also be tasked with attracting companies and start-ups from the fields of e-mobility, aerospace, defence, logistics, and medical devices to the park. In a significant step towards industrial development in Kerala’s capital district, an electric vehicle (EV) research and industrial park is set to be established at Vilappilsala. The park,… Continue reading State’s first EV industrial park to be developed in Vilappilsala

Schaeffler India announces winners of 2024 Social Innovator Fellowship Program

This is the third year of the fellowship program, which is open to applicants between 18 and 35 years old from various institutions, including startups and non-profit organisations. Schaeffler India has announced the winners of its ‘Schaeffler India Social Innovator Fellowship Program’ for 2024, a program designed to support social entrepreneurs creating sustainable solutions. The… Continue reading Schaeffler India announces winners of 2024 Social Innovator Fellowship Program