Two-wheeler electric vehicles faring well, but long charging duration & expensive batteries may dent govt’s ambitions, says Indian Venture and Alternate Capital Association report.
The govt has pledged to adopt new standards to tackle the fires, which are likely caused due to thermal inefficiencies in lithium-ion batteries and exacerbated by hot weather.
Ola Electric is getting 40% of the total capacity covered by $2.4 billion in battery incentives as India aims to keep Chinese technology & raw materials away from the nascent sector.
Simple Energy is building an initial facility with the capacity to produce 10 lakh scooters a year. It aims to open a second plant by 2023 and make 1.25 crore scooters annually.
This is part of UK's India Green Guarantee to the World Bank, announced at COP26. UK has also committed 210 million pounds to fund green projects in developing countries.
The e-mobility business is expected to make its debut next year with the vision to provide the world 'clean mobility, a carbon-negative footprint, and an inclusive workforce'.
Tesla's Shanghai factory opened for local deliveries at the start of this year. It will start shipping cars to more than 10 countries, including Germany, France & Switzerland.
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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