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Budget 2024: ‘Critical Mineral Mission’ to boost EV battery production – ET Auto

Baua Electric

In the interim budget, the Finance Minister had hinted about the GoI’s strategy to promote energy security in terms of availability, accessibility and affordability. This policy also includes technology development, skilled workforce, extended producer responsibility framework, and a suitable financing mechanism.

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SIDBI and BluSmart collaborates to deploy 140+ electric cars for ride hailing service – ET Auto

Baua Electric

SIDBI also supports other lenders by reducing their perceived risks, making the financing of EVs more accessible. Singh, CGM of SIDBI, spoke about India’s ambitious climate targets, saying, “India has set ambitious climate change mitigation targets and has committed to low-carbon growth in the transport sector.

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Bharat Forge’s Amit Kalyani on what’s wrong with India’s EV model and whether green hydrogen is the silver bullet – ET Auto

Baua Electric

He highlighted that the higher price tag of EVs is largely down to the cost of the batteries and having an alternative model will have a significant impact on sales of the more environmentally-friendly mode of transport. “India has significant financing needs.

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Swiss-Indian Alliance Sets Stage for Hyperloop Innovation; signs MoU – ET Auto

Baua Electric

Swiss-Indian Memorandum of Understanding Signing Ceremony New Delhi: Hyperloop pioneers Swisspod Technologies (Switzerland), and TuTr Hyperloop (India) have come together with the governments of Switzerland and India to sign a Memorandum of Understanding (MoU) aimed at advancing sustainable, high-speed transportation solutions in India.

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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

Empowering Electric Mobility and Energy Access Beyond stabilising energy grids, batteries are revolutionising transportation through the electrification of vehicles. This initiative will be supported by 1 billion dollars in concessional finance and other commercial funding.

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Ford Smart Mobility shifts from research to implementation; company announces new programs, next areas of focus

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For the past few years, our company has actually been warning that that freedom of mobility is now actually being threatened particularly in light of four megatrends that are affecting the future of transportation. Changing customer attitudes and priorities regarding vehicles and transportation in general. —Mark Fields.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

The collaboration, forged by the White House in partnership with DOE and the Department of Transportation (DOT), the US Air Force and US Army, and the Environmental Protection Agency, is centered on a set of Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. Electric Drive Transportation Association (EDTA).

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