In Short : India’s vehicle ownership is projected to double by 2050, reaching nearly 500 million, with 90 million cars and 350 million two-wheelers, according to a CEEW report. Rapid growth is expected in northern and western states. While electric two- and three-wheelers are cost-effective, heavy commercial vehicles may rely on fossil fuels unless green […]
CleanMax Enviro Gears Up for ₹5,000 Crore IPO to Accelerate Green Energy Expansion – EQ
In Short : CleanMax Enviro plans a ₹5,000 crore IPO by end-2025 to expand its renewable energy portfolio and reduce debt. Backed by Brookfield, the offer includes both primary and secondary shares. With 1.7 GW in operation and 1.5 GW in pipeline, CleanMax serves over 750 clients including Google and Amazon, aiming to capitalize on […]
India Gears Up for 28 Million EVs by 2030 with Renewables and Storage in Focus – EQ
In Short : India is set to have over 28 million electric vehicles on the road by 2030, driven by rising demand, government incentives, and better infrastructure. Two-wheelers will dominate EV sales, followed by four-wheelers and commercial vehicles. To support this growth, India’s power capacity must nearly double, with a strong push for renewable energy […]
Maharashtra Gears Up for Green Mobility: PIC to Draft Comprehensive EV Policy – EQ
In Short : The Pune International Centre (PIC) plans to draft a new electric vehicle (EV) policy for Maharashtra, focusing on boosting EV adoption and supporting sustainable transportation. The policy aims to address infrastructure needs, promote investment in the EV sector, and provide incentives for manufacturers and consumers. This initiative aligns with Maharashtra’s goals for […]