In Short : India is set to enhance incentives for electric vehicle (EV) manufacturing, aiming to attract global and domestic players following Tesla’s decision to withdraw plans for a local factory. The government plans to expand the Production-Linked Incentive (PLI) scheme, focusing on EV components, battery technology, and local manufacturing to bolster its green mobility […]
Minerals Are Abundant But Not Easy to Extract, Imposing Constraints on EV Manufacturing – EQ Mag
A large number of minerals are required for energy transition. While the U.S. Geological Survey (USGS) indicates that mineral resources might be inexhaustible, minerals are not easy to obtain. Instead, mineral extraction involves complex issues from geopolitical concentration, material quality, average lead time in the mining industry to environmental factors, all of which will decide […]
Biden Looks Abroad For Electric Vehicle Metals, in Blow to US Miners
The US Commerce Department is organizing a June conference to attract more EV manufacturing to the country. The plans will be a blow to US miners who had hoped Biden would rely primarily on domestically sourced metals, as his campaign had signaled last autumn, to help fulfill his ambitions for a less carbon-intensive economy. US […]
Energy storage, EVs boosted by India Budget
India’s newly appointed finance minister, Nirmala Sitharaman, has unveiled the country’s full-year budget that discussed support for lithium battery and electric vehicle (EV) manufacturing, as well as a focus on solar charging infrastructure for EVs. The budget runs up to 31 March 2020, following prime minister Narendra Modi’s recent thumping victory in the world’s largest […]
India to develop EV manufacturing hub like Detriot, says Economic Survey
India needs electric vehicles to curb pollution in Indian cities and reduce the import of crude oil Road transport accounts for around 90% of the total emissions in the transport sector in India New Delhi: To boost electric mobility in India and ensure development of a proper ecosystem for such vehicles, the National Democratic Alliance […]