In Short : India can power its entire electric vehicle fleet by 2032 using just 3% of its planned solar and wind capacity, says an Ember report. With an estimated 123 million EVs by then, only 15 GW of clean energy would be needed. Effective Time-of-Day tariffs and widespread daytime charging infrastructure are essential to […]
IFC Backs Transvolt Mobility with $20 Million in Landmark EV Fleet Investment – EQ
In Short : The International Finance Corporation (IFC) will invest $20 million in Transvolt Mobility, its first global equity investment in an EV fleet platform. Part of a $50 million round, the funding will help scale Transvolt’s fleet to 8,000 electric trucks and buses across India. The company also plans to create 8,200 jobs over […]
