A new EV policy is introduced in Telangana

The State government has made the decision to completely exempt electric vehicles (EVs) from road taxes and registration fees in an attempt to incentivize individuals to convert to EVs. On Monday, the new EV policy will go into effect. Speaking to the media on Sunday, Transport Minister Ponnam Prabhakar said the new policy was expected

Be8 will produce a new biofuel to decarbonize faster.

Be8 declares that Be8 BeVant will begin manufacturing in the upcoming month. With its revolutionary bio-distilled methyl ester biofuel, Be8 BeVant, fossil diesel can be completely replaced while lowering greenhouse gas emissions by as much as 50%. All the company needs to begin operations is a license from the National Agency of Petroleum, Natural Gas,

Jupiter Electric Mobility Pvt. Ltd – Launches Pan-India Roadshow, Targeting High-Potential States for Electric Commercial Vehicles

Jupiter Electric Mobility (JEM), the electric vehicle arm of Jupiter Wagons Limited, has embarked on a two-month nationwide roadshow aimed at expanding its dealer network. This ambitious initiative will target key Indian states, tapping into unique regional demands for commercial electric vehicles (EVs). The goal: to create a robust network of partners who will help

World behind on almost every policy required to cut carbon emissions

Coal must be phased out seven times faster than is now happening, deforestation must be reduced four times faster, and public transport around the world built out six times faster than at present, if the world is to avoid the worst impacts of climate breakdown, new research has found. Countries are falling behind on almost

IndiGo cuts down carbon emissions by 20%

IndiGo which operates over 300 Airbus and ATR aircraft, said carbon dioxide emissions per available seat kilometre was 59.5 grams in FY 2023 compared to 74.6 grams in FY 2016.

Geely truck unit, Farizon, raises USD 600 million in funding round

Farizon will compete against the likes of Ford Motor’s e-Transit van, the company has said. China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised USD 600 million in a Series-A funding round, the company said in a statement. The Hangzhou-based company, which produces and markets hybrid and

UP govt launches portal for processing EV subsidy claims

According to Additional Commissioner (Transport) Rajiv Srivastava, after submitting the application on the portal, a four-level verification process will take place, beginning with verification at the dealer level, followed by registration and departmental verification. The final verification will be carried out by TI (Transport Inspector). To promote electric vehicles in the state, the Uttar Pradesh

USD 1 bn tripartite funding to speed up India’s drive to net zero emissions

The Government of India’s collaboration with the World Bank, the Asian Development Bank (ADB), and SIDBI to foster zero-emission mobility is set to revolutionize the last mile transportation sector. With the upfront FAME cash subsidy being rationalized, the USD 1 billion tripartite partnership aims to provide affordable financing rates, propelling the adoption of electric vehicles

Tesla gearing up to manufacture half million EVs yearly in India

Tesla also aims to use India as an export hub to ship cars to Indo-Pacific countries, the report added, noting that the starting price for the EV will be $24,400, more than double India’s cheapest EV, the MG Comet, and $6,000 more than the Tata Nexon EV, the top-selling EV in India. A decision by

Energy transition to curb oil demand growth

Global oil demand will grow by 2.4 million barrels per day (bpd) in 2023 to a record 102.3 million bpd, the IEA said in its monthly report.