“In the base case scenario, the EV market is expected to grow at CAGR of 44 per cent between 2020-2027 and is expected to hit 6.34-million-unit annual sales by 2027,” the IESA report said. The electric vehicle (EV) market in India is expected to hit over 63 lakh unit mark per annum by 2027, according […]
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UNIDO launched the 4th round of innovation challenge to support and encourage new innovations in Indian energy storage and e-mobility space. New Delhi : The India Energy Storage Alliance (IESA) and United Nations Industrial Development Organization have joined hands to promote innovations in energy storage in India. On November 1, the Facility of Low Carbon […]
During a conference on the occasion of the 4th World Energy Storage Day on Tuesday, IESA also highlighted the huge employment opportunity presented by India’s energy storage space New Delhi : The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant […]
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 […]