Union Incubated out of IIT Hyderabad, PURE (Power Using Renewable Energy) EV claims a net reduction of 96,720 tonnes of CO2 emission through its sale and use of over 75,000 electric vehicles collectively having driven over 260 crore kilometres as of 2024. The company has been manufacturing electric bikes and scooters since 2015. “These figures demonstrate our significant contribution to ...
Tag Archives: Electric vehicles
Crisil: India’s Green Investment to Surge by 5X through 2030
India’s green investments will rise five-fold to ₹31 lakh crore by 2030, according to CRISIL, aligning with its net-zero goals under the Paris Agreement. Key sectors include renewable energy and storage (₹19 lakh crore), automotive (₹4.1 lakh crore), and oil & gas (₹3.3 lakh crore). Emerging technologies like green hydrogen, carbon capture, and energy storage will need government incentives to ...
Hydrogen Powered Cars Ready, Get-set, Go?
While the current buzzword in the automotive industry is electric vehicles or EVs, there is a greener option which has the potential to overrun our roads: hydrogen cars or FCEVs. However, multiple challenges need to be overcome before potential turns to reality. The Fuel Cell Electric Vehicle or FCEV, is one that has its own efficient power plant or fuel ...
India Powering Growth Through Infrastructure Development
In its 77th year of independence, India, today, is at the cusp of greater economic ascent. As a result, the economy has leapfrogged from the world’s tenth largest economy (2014) to the fifth largest. Further, with this impressive growth expected to continue, India is poised to become the third largest economy by 2027, and a developed nation by 2047, marking ...
India’s Evolving EV Ecosystem and Investment Opportunities
The debate surrounding the potential of electric vehicles has indeed evolved over the past few years, with significant growth and advancements in the EV industry. It is impressive to see the significant growth of the EV industry in India across various vehicle segments. The penetration rates in different vehicle segments highlights the increasing acceptance and adoption of electric vehicles in ...
Economic Viability of Lithium-Ion Battery Recycling
As the number of electric vehicles on Indian roads increases, a surge in discarded lithium-ion batteries (LIBs) is expected, underscoring the urgent need for a robust recycling ecosystem. Mitradev Sahoo (Junior Program Associate, Electric Mobility, WRI India) and Dr. Parveen Kumar (Senior Program Manager, Electric Mobility, WRI India) look at the economic feasibility of a large-scale recycling unit helping the ...
India Powering Growth Through Infrastructure Development: Vision 2030 and Beyond
While various policy levers and conditions are expected to drive unprecedented economic boom in the lives of over 1.4 billion people, the significant growth in infrastructure in recent times has been a key propeller in the development of the country, writes Karan Sethi, Senior Assistant Vice President, Invest India. In its 77th year of independence, India, today, is at the ...
Greening Last Mile delivery through E-Micro-Mobility
According to Amit Bhatt, Executive Director and Jagriti Arora, Project Associate, WRI India Ross Center, the partnership between delivery platforms and micro-mobility startups during this pandemic has been mutually beneficial Grammarians call the act of converting a noun into a verb denominalization or verbing. Google it, Skyped, or Dunzo it are three examples of verbing with Dunzo it perhaps being ...
Trial Run of E-highway
Ease of Doing Business of emerging technologies, ASSAR has recently organised assembly of Electric vehicles at India Gate for the Tech-Trial Run on Yamuna Expressway between Delhi – Agra under National Highway for Electric Vehicle (NHEV) project (210 km E-Highway). The project, an advanced PPP model Annuity Hybrid E-Mobility prototype has been supported by various government and private entities to ...
Hyundai commence study for smart mobility in India
South Korean auto major, Hyundai, has announced the commencement of the feasibility study for fuel cell electric vehicles (FCEV) in India. The announcement was a part of Hyundai’s Strategy 2025 roadmap and their quest to be a smart mobility solution provider from just a vehicle manufacturer. The company aims to electrify most new models by 2030 in important markets South ...