electrification

Electrification Key For 1.5°C Target, Global Demand Must Go Beyond 30K TW: IRENA

Electricity and electrification along with deployment of renewable power will play a crucial role in meeting the target of 1.5°C, according to a report by IRENA. The overall share of renewable energy in the energy mix will need to rise substantially to meet the 1.5°C target, driven by higher shares of renewable electricity and electrification, […]

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Delhi Notifies Policy For Time-Bound Electrification Of Commercial Fleets

The Delhi government has now notified its Delhi Motor Aggregator Policy which mandates time-bound electrification of commercial vehicles. These rules apply to commercial vehicle aggregators offering two-wheelers, three-wheelers, and four-wheelers and delivery partners. The scheme is titled ‘Delhi Motor Aggregatory and Delivery Service Provider Scheme’. The notified scheme has made a trajectory of different segments […]

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Off-Grid RE Power Electrified 2,762 Indian Villages: Govt 

In its latest statement before the Lok Sabha, the Ministry of New and Renewable Energy (MNRE) said that 2,762 villages in India were electrified with off-grid renewable energy solutions. The announcement comes less than a fortnight after a report in The Washington Post flagged the ‘failure’ of India’s mini-grids or off grid energy set up, […]

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New Fund by TDK Ventures to Invest $150 Million in Green Energy

Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […]

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NITI Aayog To Fix Electrification Targets For App-Based Vehicles 

Indian government’s think-tank NITI Aayog might soon introduce yearly electrification targets for mobile application-based vehicle service providers like Ola, Uber, and others, reports suggest. The move is aimed at speeding up the electrification of new fleets of vehicles by these players.  According to the report, which is yet to be published, the Aayog has decided […]

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IoT-Enabled E-Vehicles Can Boost Digital India Scheme

By Nitin Kapoor, Managing Director of Saera Electric Auto For India to maintain its responsibility towards the Sustainable Development Goals (SDGs), steady penetration of electric vehicles and a proportionate decline in the sale of Internal Combustion Engine (ICE) vehicles is imperative. While the demand for green transportation is gradually growing, there are certain challenges that […]

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General Motors Aims to Become Carbon Neutral by 2040

US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality.  In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […]

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Focus on Electrification of 3W More as Compared to 4W: TERI

One of the most significant challenges in the 3W segment is with respect to finances. However, that cost is now coming down to 25-30% in India The Energy and Resources Institute (TERI), with the support of Shakti Sustainable Energy Foundation (SSEF), has released a report on the Roadmap for Electrification of Urban Freight in India. Speaking […]

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Volvo Cars to Produce of Electric Motors at its Powertrain Plant in Sweden

Volvo Cars has announced its target of producing electric motors at its powertrain plant in Skövde, Sweden. Planning to establish complete in-house E-motor production with an investment of 700 million SEK by mid-decade. The company is aiming to become a premium electric car company with 50 percent of its global sales to be fully electric […]

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