Trade War Intensifies as EU Ups Tariffs on Chinese Electric Vehicles to 38%
The move, announced by the European Commission on Wednesday, will see tariffs on Chinese-made EVs increase from the current 10% to 38%, effective July 4th, unless a “solution” is reached with China regarding the subsidy issue.
Tata Motors to Invest ₹18,000 Crore in EV Division till 2030
With this investment, the company plans to achieve a 20% market share in the Indian passenger vehicle market by FY30.
Saudi Arabia Advances ESG Commitment Through Vision 2030 Initiatives
The Vision 2030 blueprint is focused on diversifying the Kingdom’s economy away from oil dependency, fostering sustainable development, and enhancing the quality of life for its citizens.
Middle East ESG Weekly Round-Up
Major ESG related news in Middle East last week
Indian EV Company Wardwizard bags $1.29 billion order from Philippines
The agreement, signed through a Memorandum of Understanding (MoU), will see WIML supply the Philippines with its existing electric two-wheeler and three-wheeler models.
Blind Boy’s Blooming Pens
A special feature on Aswin Ramesh, the blind Kerala boy who makes sustainable Seed Pens that sprout and bloom once they are discarded
Dubai Introduces Sustainable Floating Fire Station
The floating fire station is designed to provide rapid response to maritime incidents while minimizing its environmental impact.
Climate Change Threatens Health of Pregnant Women, Children More: WHO
These vulnerable populations are often overlooked in climate action plans, despite facing significant health risks from rising temperatures, air pollution, and extreme weather events.
DP World–Einride Unveil Largest Electric Freight Fleet
This ambitious project is expected to save an estimated 14,600 tonnes of CO2e (carbon dioxide equivalent) annually, marking a substantial step forward in the region’s commitment to sustainability.
NSE’s EV Index: A Stimulant for India’s EV Segment
The base date of the index is April 2, 2018, with a base value of 1000. It will undergo semi-annual reconstitution and quarterly rebalancing.