At Hydrogen India Summit 2023, Black & Veatch pinpointed business models that will hasten India’s shift to cleaner fuels like green hydrogen.
The hydrogen-powered truck for mining logistics and transportation will have the vehicle platform developed by Ashok Leyland and fuel cell technology from Canada’s Ballard Power Systems.
The carmaker will invest around INR 10,000 crore ($1.21 billion) over a period of 7-8 years to set up the manufacturing facility for its upcoming Born Electric Vehicles.
US-based Nanotech Energy’s graphene battery uses proprietary electrodes with a thermally stable separator, and non-flammable electrolyte that is said to be inexpensive to manufacture. The technology is said to be superior in terms of safety and competitive in terms of cell performance.
The annual electric vehicle (EV) charger shipments will grow to 0.9 million units by the year 2030, from around 17,000 units in 2021. The growth in sales will be driven by government policies and private investments.
A new report says Tamil Nadu could lower carbon emissions by over 36 million tonnes if 5-10% of all two-, three- and four-wheeler vehicle sales in the state during 2022-30 are converted to electric.
A new report by Aspire Circle India estimates the potential of renewable energy and the clean-tech sector according to parameters such as revenue and job creation by 2030, and highlights the top 10 areas for investment.
Sales growth in India’s electric vehicle market will moderate to 75% per year over the next three years, as supply constraints drive up prices of key raw materials for batteries.
The Ahmedabad-headquartered renewable energy solution provider will establish a plant in Pune, Maharashtra, to produce personal mobility and cargo electric vehicles priced at INR 5-6 lac ($6,292-$7,550). Production will likely start in October.
New Jersey-headquartered Triton Electric Vehicle, which plans to make electric cars in India, will also roll out hydrogen-run two-wheeler and three-wheeler EVs from its plant in Gujarat.
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