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JSW Group confirms Rs 400 billion EV project will stay in Odisha
The original plan involved setting up an EV vehicle and component manufacturing plant in Naraj, Cuttack district, and a copper smelter and lithium refinery in Paradip, Jagatsinghpur district.Read more
New energy vehicles to gain acceptance by 2030: Survey
Additionally, buyers indicated a willingness to pay up to 49% more for an EV.Read more
Atlas Copco’s electric pumps optimise lithium extraction at Chilean mine
In 2023, Chile accounted for roughly 24% of global lithium production, estimated at 44,000 metric tons. This is a more than 15% year-on-year increase.Read more
Godrej & Boyce commissions 25MW ground- mounted solar project in Maharashtra
This expansive installation, spanning over 52 hectares, is set to generate an impressive 45 million units annually. Read more
Min of Heavy Industries organises event celebrating FAME’s success in India
The FAME Scheme was launched to give a major boost to the development and adoption of electric vehicles in the country.Read more
JBM Auto secures $100 million for electric bus expansion
JBM ECOLIFE Mobility plans to utilise the funds to introduce 650 additional electric buses in multiple states in a phased manner.Read more
Mercedes-Benz to manufacture EQS SUV 580 in India
The EQS SUV 580, which is not yet available in India, features a 122 kWh battery and an impressive range of 809 km on a single charge, with a projected price of Rs 14 million.Read more
India braces for EV surge with new model launches
Currently, EV adoption in India is around 2%, but the government aims for a 30% penetration in the passenger car segment by 2030.Read more
Vedanta eyes global EV market with nickel production expansion
This initiative aligns with India's broader goal to reach $1 trillion in exports by 2030, up from $437 billion in the 2023/24 fiscal year.Read more
China orders automakers to avoid investing in India to safeguard EV technology
The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more