Mahindra to Invest ₹12,000 Crore for EV Unit
Sibi Sathyan,
May 16, 2024
1 min read
The company also announced an extension to the investment timeline for British International Investment (BII). BII, a UK-based investor, had previously committed to investing up to ₹1,925 crore in MEAL.
India Govt Approves New Electric Vehicle Policy: Will Tesla Enter India?
Sibi Sathyan,
March 15, 2024
2 min read
The policy mandates a minimum investment of ₹4150 crore ($500 million) with no upper limit on investment. Under this policy, companies are required to establish their manufacturing facilities in India within three years and start commercial production of EVs.
Xiaomi Makes Big Bet on Premium Electric Car Market
Sibi Sathyan,
February 27, 2024
2 min read
The company, known for its affordable smartphones and smart home devices, surprised many by unveiling its first EV, the SU7, at the Mobile World Congress in Barcelona.
USD 2 Trillion Per Annum is Needed to Triple Global Renewables by 2030
EsgTimes News Network,
February 14, 2024
2 min read
Asia as the only region on track to achieve this goal, driven mainly by initiatives in China and India, says the report.