Friday, April 19, 2024
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Electric Vehicles

Emphasising the need to give support to the electric vehicle sector, Finance Minister Nirmala Sitharaman announced that the government will expand the ecosystem by supporting charging infrastructure, etc.

The government will expand the electric vehicle ecosystem to support charging infra, and e-buses for public transport networks will be encouraged

Breakthroughs in lithium-ion technology, coupled with innovations in materials science, promise to deliver batteries that are more energy-dense and cost-effective

The funding will further the development and production of Prismatic Li-ion NMC batteries that operate safely in high temperatures and support fast-charging

Under the partnership, the company will invest Rs.50 crore to enhance the state’s EV charging infrastructure.

They believe this extension will ensure sustained momentum for the sector by emphasising on holistic ecosystem development rather than focusing on buyer incentives alone

The company will use this funding to invest in cutting-edge technologies and expand its footprint across India

The funds raised will be used to improve product offerings, focusing on safety and scalability in the gig economy

Micelio Mobility’s founder, Shreyas Shibulal, is trying to lead the charge toward sustainable urbanization and rural development through clean mobility initiatives

The success of Delhi's ambitious target for cab aggregators to shift to electric vehicles (EVs) by 2030 hinges on overcoming challenges related to infrastructure, costs and incentives