Industry
Emissions vs Development: India will need much more energy as its people prosperedit
The World Bank’s historic issuance of green bonds in November 2008 was the result of a phone call to their Treasury by Swedish pension funds who were keen on investing in climate projects. It gave investors an opportunity to support climate solutions through investments guaranteeing financial returns.
MNRE Issues Testing Guidelines for Battery Storageedit
The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for performance testing of batteries (lead-acid and nickel-based chemistry type) series approval for mandatory registration with the Bureau of Indian Standards (BIS).
Competition
Ola recharges its electric ambitionsedit
The Bengaluru-based startup is betting it can go from cab aggregator to “mobility” company—its latest play is to go all out on electric vehicles. Just like other taxi startups around the world. Uber, Grab, Didi Chuxing, you name it. And for good reason
MG’s first electric vehicle in India, eZS SUV to launch in December 2019edit
The all-new MG eZS, the brand’s pure electric SUV has been unveiled recently. The eco-friendly vehicle will make its way to India by December this year, the company confirmed in a press statement. The upcoming MG eZS EV will come with multiple connected mobility features to offer enhanced convenience to the driver and occupants.
International
New Bipartisan Legislation Would Expand Federal Electric Vehicle Tax Creditedit
American consumers have increasingly transitioned to electric vehicles (EVs) in recent years, thanks in part to improvements in battery capacity, the availability of new models, and Tesla’s wildly popular line of vehicles. Another significant driver of this growth is a $7,500 federal tax credit that has mitigated the price premium for EVs, putting them within reach of more Americans.
What needs to be done to make the most from electric vehiclesedit
In Norway last month more than 50 per cent of new car sales were electric. How soon will we see that in Australia? Labor says 2030, but nobody can be certain.