High degree of uncertainty, resilient fossil fuel markets, AI and data centres energy consumption going up are some of the key findings of S&P Global Commodity Insights’ 2025 Energy Outlook.
The Indian EV or electric vehicle market is projected to grow by 26.4% annually, reaching a total value of $2.5 billion by 2024
India aims to sell 30% EVs by 2030, using grants and subsidies to promote alternative fuel infrastructure and charging station expansion
Maharashtra leads the nation in EV adoption, with a 130% increase in electric cars, two-wheelers, and buses
Though being populist, Nirmala Sitharaman, Union Finance Minister, carefully and successfully has traded on the inclusive lines or, in simple words, kept it women (rural) centric.
According to a survey by S&P Global Mobility, the two most prominent reasons are affordability and infrastructure concerns.
L&T Finance has partnered with Ather Energy to offer up to 100% of loan-to-value (LTV) on electric vehicles (EVs)
Telangana to be the new manufacturing hub for EVs
EV infrastructure in India needs to increase 9 times to meet the growing demand.
With 2023 budget India has an opportunity to direct investors towards sustainability
India to attract $10 BN in renewable energy investment 2023
