CNG outlets and EV charging stations to get preference over petrol and diesel sale in the new licensing norm

India’s new liberalised petrol pump licensing norms allow setting up of EV charging stations and CNG outlets even before the start of petrol and diesel sales, the government has stated. The Ministry of Petroleum and Natural Gas in a clarification to its November 8, 2019 order that eased norms for setting up of petrol pumps by new […]

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India to see sudden spike In EV adoption: IEA

India could be the next major market for electric vehicles, in large part thanks to commercial EV adoption. In fact, the subcontinent’s demand for EVs for commercial use alone is expected to increase a stunning 15-fold in the next six months alone. The sudden spike in uptake is being fuelled by the confluence of a number […]

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Commercial and industrial rooftop solar capacity set to increase by 47% in India: IEEA Report

India’s commercial and industrial (C&I) segment is expected to add 1,875 megawatt (MW) of new rooftop solar capacity in 2021, an increase of 47 percent compared to the previous year, according to a recent report. The report titled ‘Emerging technology trends in the C&I rooftop solar market in India,’ by the Institute for Energy Economics […]

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EV battery growth supports cobalt and lithium demand

Fitch and CRU Ratings have indicated a wider cobalt and lithium demand worldwide thanks to the rapid hybrid and electric vehicle (EV) adoption. The need for Electric Vehicles worldwide will support demand for cobalt and lithium. However, cobalt demand is being estimated to be lower than many market participants’ expectations from 2025 onwards. This will […]

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