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.
Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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