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Macquarie Cheques Into EV Finance in India with $400 mn

Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country. The NBFC…

China to Help Promote Electric Vehicles in Punjab

Provincial Transport Minister Ibrahim Hassan Murad met with the officials of Chinese Electric Dynamic Company while Federal Minister for Trade and Commerce Gohar Ejaz accompanied him. In the meeting, the promotion of electric vehicles in Punjab and the comprehensive network…

Bike Taxi Group Writes to Delhi LG Seeking More Time to Make EV shift

Apna Bike Taxi Association, which claims to represent 1,000 bike taxi drivers in Delhi, has written to the Lieutenant Governor of Delhi Vijay Saxena over the new ‘Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023, which is set to…

MG Motor India Collaborates With Shoonya to Boost Electric Mobility Ecosystem

MG Motor India has announced a strategic partnership with Shoonya – the Zero Pollution Mobility campaign, led by NITI Aayog and featuring prominent leaders in India’s electric mobility sector. This alliance is part of a broader initiative aimed at accelerating…

India’s Renewable Energy Targets And Outlook On EV

Green growth is one of the seven key priorities of the Union Budget. The government has introduced a number of initiatives like the Green Hydrogen Mission, Green Credit Program, PM-PRANAM, GOBARdhan Scheme, Bhartiya Prakritik Kheti Bio-Input Resource Centers, etc. to…