With the increase in global warming, making environmentally friendly choices and preventing climate change are essential. Electric vehicle (EVs) is one such ecologically friendly choice. A paradigm change is currently taking place in the global automotive sector as it attempts to transition to alternative, less energy-intensive options. One of the primary drivers behind India's recent measures to accelerate the...

When Warren Buffet’s Berkshire Hathaway invested $232 million into China’s BYD, it was a nascent startup that had just started selling electric vehicles. Fourteen years on, Berkshire’s stake is worth $7.5 billion dollars and BYD has dethroned Tesla as the world’s biggest EV maker by sales. Between April and June, BYD shipped 3.54 lakh EV units, an increase of...

India is planning a massive expansion of green hydrogen production to curb its dependence on energy imports and to wean the economy off fossil fuels to meet climate targets. New Delhi is aiming for an annual production capacity of 25 million tons by 2047, according to people familiar with the plans who didn’t want to be named as the...

The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG. A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors on demand, supply and regulatory front despite a...

India could add 23.7GW of additional wind energy capacity within the next five years with support from government policy. That’s according to a new report from the Global Wind Energy Council (GWEC) and MEC Intelligence, which highlights wind energy’s “critical link” to India’s green energy transition. Wind power accounted for the majority of the renewable energy mix in India, with 37.7% of...