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Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment. Read further to know more about Niti Aayog proposal to RBI. .

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Earth Day 2024: each day is about reducing emissions | Autocar Professional

Baua Electric

In India too, demand for EVs is accelerating. Seventy-two percent – 29,59,218 units – of the 3.95 million EV s sold in India in the past 11 years have come in just two fiscals (FY2024 and FY2023), indicating just how massive demand has been in the past 24 months. The cost of fossil-fuelled motoring, is going only one way – up.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

The alternative scenario assumes that Asia’s fast-growing economies—the PRC, India, Indonesia, and Viet Nam—will fall into the middle income trap of slowing growth rates and stagnating income levels over the next 5 to 10 years. —Haruhiko Kuroda.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Up to 77% of the world’s energy supply could be met by six key renewables by mid-century under the most optimistic scenario if backed by the right enabling public policies, according to a new report by more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC).

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Career Opportunities in the Electric Vehicle Industry

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In the case of India, the cost of oil imports, rising pollution, and international pledges to combat global climate change are the most important driving factors of the country’s investment in this shift to electric mobility. The following several decades may prove to be significantly greener for India.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car. the cost of energy storage?by Innovasion Labs PINC, Inc. is developing a?rechargeable

Clean 371