India's Electric Vehicle Drive Accelerates
POWER & RENEWABLE ENERGY

India's Electric Vehicle Drive Accelerates

India's pursuit of net zero emissions has set the stage for a remarkable surge in electric vehicles (EVs) across the nation. With an ambitious goal of combatting climate change, the Indian government has laid the foundation for an EV revolution. The transition to EVs is marked by a twofold approach - reducing carbon emissions and decreasing the nation's dependence on traditional fossil fuels. Underpinning this transformation is a holistic ecosystem, encompassing charging infrastructure expansion, incentives for EV adoption, and the collaboration of both domestic and international automakers. As the EV market matures, consumers are presented with an array of choices, from compact urban EVs to long-range electric SUVs. This transition to electric mobility carries the potential to address India's air quality issues and significantly cut down on greenhouse gas emissions. As the EV sector continues to grow, it paves the way for a cleaner, more sustainable future for the nation.

India's pursuit of net zero emissions has set the stage for a remarkable surge in electric vehicles (EVs) across the nation. With an ambitious goal of combatting climate change, the Indian government has laid the foundation for an EV revolution. The transition to EVs is marked by a twofold approach - reducing carbon emissions and decreasing the nation's dependence on traditional fossil fuels. Underpinning this transformation is a holistic ecosystem, encompassing charging infrastructure expansion, incentives for EV adoption, and the collaboration of both domestic and international automakers. As the EV market matures, consumers are presented with an array of choices, from compact urban EVs to long-range electric SUVs. This transition to electric mobility carries the potential to address India's air quality issues and significantly cut down on greenhouse gas emissions. As the EV sector continues to grow, it paves the way for a cleaner, more sustainable future for the nation.

Next Story
Infrastructure Transport

NHAI Completes Record Rs. 180 Billion InvIT Monetisation

The National Highways Infra Trust (NHIT), set up by NHAI, has completed its fourth round of fund-raising at an enterprise value of Rs. 183.8 billion (bn), marking the largest monetisation deal in India's road sector. This brings NHIT’s total realised value across four rounds to over Rs. 460 bn.In this round, NHIT secured Rs. 83.4 bn in unit capital from domestic and international investors and Rs. 100.4 bn in debt from domestic lenders. The funds will be used to acquire highway stretches in Andhra Pradesh, Uttar Pradesh, Uttarakhand, Gujarat, and Chhattisgarh at a concession value of Rs. 177..

Next Story
Technology

Captech Technologies Names Sakshi Katyal as Co-Founder to Lead eFORCE

Captech Technologies has appointed Sakshi Katyal as Co-Founder to strengthen eFORCE, India’s first labour management platform. With over 25 years of experience across construction procurement, fashion, gems and jewellery, and merchandise, she brings strategic expertise to the company’s leadership.Katyal will focus on enhancing eFORCE’s usability and market reach, improving workforce deployment, grievance redressal, and transparency for construction professionals.“As Co-Founder, Sakshi’s leadership will elevate eFORCE, making labour management smarter and more efficient,” said Asuto..

Next Story
Infrastructure Energy

L&T Secures Its Largest Offshore Hydrocarbon Contract

Larsen & Toubro (L&T) Hydrocarbon Business has won its largest-ever offshore contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4).The contract covers engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each featuring large platforms with compression and power generation facilities, living quarters, flare platforms, and interconnected bridges. These will be located 80 km off Qatar’s northeast coast.“Securing QatarEnergy LNG's Ultra Mega Offshore Contract—the ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?