Tesla Inc set a record for quarterly vehicle deliveries in a triumphant response to months of questions about demand for its luxury electric cars, sending shares up 7% after hours on Tuesday. Tesla did not comment on profit - which is still elusive - but the robust deliveries could help jumpstart i... Read more

The Government of Gujarat plans to launch a solar power generation scheme for slum dwellers. Not only will slum dwellers get free power, the government will also pay them for surplus power that they generate by installing solar panels. Earlier, the state government launched solar power generation s... Read more

Adani Renewable Energy Park (Gujarat) Limited (AREPGL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has won a 600 MW of solar-wind hybrid power projects in an auction conducted by the Solar Energy Corporation of India (SECI). According to a Bombay Stock Exchange (BSE) filing dat... Read more

Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest. Wealth and state pension funds are expanding their horizons to private ... Read more

Government think-tank NITI Aayog has asked conventional two- and three-wheeler makers to suggest within two weeks concrete steps towards the transition to electric mobility keeping in mind 2025 deadline, according to sources. At a meeting of the manufacturers and start-up electric vehicle (EV) make... Read more

India and Australia have announced that it is collaborating in a deal which might see Australian lithium used in the foremost Indian refinery to produce battery-grade material for electric cars. Neometals, an Australian company with an interest in the Mt Marion lithium mine near Kalgoorlie in Weste... Read more

As per a notification issued by the Ministry of Road, Transport and Highway led by Union Minister Nitin Gadkari on Tuesday, all-electric vehicles are exempted from paying road tax for vehicle registration. The exemption of road tax will apply to all categories of vehicles — two-wheelers, three-wh... Read more

Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups. The end result? They decided not to invest in any. "There are too many uncertainties from when a company tells a story in the early stage, to when it produces a sample c... Read more

India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the Narendra Modi government. The GST Council is set to take up the proposal at its June 20 meeting, said a senior government official aware of the dev... Read more

The government's think tank NITI Aayog has proposed that only electric vehicles should be sold after 2030, expanding the scope of the clean fuel technology beyond two- and three-wheelers. Earlier, a panel headed by NITI Aayog CEO Amitabh Kant had suggested that only electric-powered three-wheelers ... Read more

The Indian government first decided to switch all its four-wheelers to electric by 2030, which was met with hue and cry from all corners of the industry with experts saying it’ll be impossible. So, the country’s regime decides to tone down the target, slowly realizing things will be harder than ... Read more

His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry, cementing a move away from the combustion engine. Now, Wan Gang says get ready for the next game-changing moment. The world’s biggest car market is set to embrace hydrogen fuel-cell vehicles the way ... Read more