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India needs $15 trillion to achieve net zero by 2070, says FICCI-Deloitte report

To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.  

India’s transition to net-zero emissions presents $12.7 trillion investment opportunity

India’s energy system requires investments totaling $12.7 trillion between 2022 and 2050 to reach net-zero emissions by mid-century.

Delhi’s aggressive EV timelines may hit gig workers’ livelihood: IAMAI

The recently released Delhi motor vehicle aggregator and delivery service provider scheme envisages that aggregators and delivery service providers in Delhi will switch to an all-electric fleet by April 1, 2030.

Global sodium-ion battery market expected to reach $2.6 billion by 2028

The global sodium-ion battery market will grow at 16.2% annually to touch $2.6 billion by 2028. Major drivers include an increasing demand for these batteries as a lithium battery replacement for renewable energy storage and the growing trend towards low-speed electric cars.


BluSmart raises $42 million to scale EV fleet, megacity operations

BluSmart Mobility secured $37 million in equity and $5 million in venture debt in its latest funding round. It will use the funds to expand its EV fleet capacity to 10,000 over the next one year and penetrate deeper into megacities.

BPCL launches 12 fast EV chargers on Delhi-Jalandhar highway

The DC fast electric vehicle (EV) chargers will be available at BPCL fuel stations between Delhi and Jalandhar. BPCL plans 200 such fast-charging corridors along national highways by March this year. 


Tamil Nadu could lower carbon emissions by over 36 million tonnes with 5-10% conversion to EV use

A new report says Tamil Nadu could lower carbon emissions by over 36 million tonnes if 5-10% of all two-, three- and four-wheeler vehicle sales in the state during 2022-30 are converted to electric. 


Magenta sets up commercial EV charging hubs in Bengaluru

The electric vehicle (EV) charging infrastructure, with over 150 charging points, is synced with the Magenta ChargeGrid Smart app that allows EV owners to check the real-time availability of charging stations and book slots.

In India, 67.6 million people live in cities embracing renewable energy in a big way

As of 2020, only 13 cities in India had renewable energy targets and/or policies in place. These cities, however, are home to a significant 67.6 million people.

FAME II program backs more than 27,000 EVs

The second phase of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles program offers purchase incentives for electric and hybrid vehicles and also supports charging infrastructure.

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