ELECTRIC MOBILITY
Energy infra startups see bigger cheques as investors bet on sovereign play
Bengaluru-based Enerzolve, which makes smart meters, power conversion systems and energy storage systems, is in talks to raise $20 million from existing investors Jungle Ventures and Kae Capital as well as Schneider Electric, people aware of the matter told ET. That’s nearly four times the $5 million it raised in a January round.
India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal
Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
Yamuna's first recreational cruise to begin Tuesday
A recreational cruise service will begin on the Sonia Vihar-Jagatpur stretch of the Yamuna river. This initiative aims to enhance river-based tourism within the National Capital Region. Electric-powered cruise vessels will showcase clean and sustainable mobility along the waterways. The cruise service development involves multiple authorities, including the Inland Waterways Authority of India and the Delhi Development Authority.
Norway reins in data centre industry amid AI boom
Norway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead to an energy deficit and rising electricity prices in the coming years.
When wars and AI cast a shadow, India has pressed a power reset
India’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil supply disruptions and AI-driven electricity demand put pressure on power markets. An International Energy Agency report says clean energy saved India over $100 billion in fuel imports between 2011 and 2025, with cumulative savings potentially reaching $240 billion by 2030.
India's three-wheeler market takes an electric turn, with one in two new sales now EVs
Electric three-wheelers are increasingly popular in India, with sales significantly rising and concerns about fossil fuels decreasing. Mahindra Last Mile Mobility now produces a large number of e-rickshaws to meet growing demand. Drivers like Afroz Alam have reported substantial savings after switching from gas-powered models to electric versions. Analysts attribute this shift to lower operational costs and government subsidies promoting EV adoption.
M&M bets on SUV growth, EV expansion and global aerospace orders to drive earnings
Mahindra & Mahindra has unveiled impressive revenue and profit figures, driven largely by the rising popularity of SUVs and electric vehicles. Looking ahead, the company is set to boost production capacity and launch several new vehicles. In contrast, the tractor sector's growth forecast has been adjusted to flat, influenced by unfavorable monsoon conditions and low water levels in reservoirs.
What is a 'Black Sky' event? Why is the UK preparing for a crisis that could paralyse daily life?
During this kind of event, extreme, prolonged electricity blackout could disrupt essential infrastructure and several services across a large area. The situation can turn very serious. It may not be just some ordinary power cuts. Electricity-dependent systems could stop functioning. The consequences could extend beyond lighting and heating to water supplies, telecommunications, transport.
Electric vehicle sales jump 45% to 3,54,625 units in October, led by e-two wheelers and burgeoning demand
Electric vehicle sales in India experienced significant growth in October, reaching 354,625 units. E-two-wheeler sales contributed most, totaling 224,064 units this year. There was also a notable increase in e-passenger vehicles, with volumes rising to 37,049 units. Electric three-wheelers grew to 88,570 units, continuing the overall upward trend in the EV market. The report indicates that demand continues to exceed supply due to rising fuel prices.
Nitin Gadkari says new Toyota Innova to be launched on November 26, running cost to be just Rs 25 per liter
Union Minister Nitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle will run entirely on 100% bioethanol and generate nearly 60% of its power through electricity while driving. Gadkari claims its effective running cost could be equivalent to just Rs 25-30 per litre of petrol, potentially offering significant savings to motorists.
Delhi's Karol Bagh Gaffar Market catches fire on Dhanteras, blaze at mobile accessories shop spreads through four floors; 22 fire tenders deployed
Karol Bagh Gaffar Market Fire: A major fire broke out at a mobile accessories shop in Delhi's Gaffar Market on Dhanteras, spreading across a four-storey building and prompting the deployment of around 22 fire tenders. The incident came days after a building collapse in Chawri Bazar killed two labourers, with three contractors subsequently arrested.
Centre launches ninth auction tranche for 20 critical mineral blocks, third round of exploration licences
The mines ministry has launched the ninth tranche of auctions for 20 critical and strategic mineral blocks, alongside the third tranche for exploration licence blocks. Of the 100 unique blocks offered in the first eight rounds, 64 have been auctioned. The move aims to strengthen mineral security and attract private exploration investment.
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore support
The Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative supports both hydro pumped storage and battery energy storage systems aimed at accelerating renewable energy. Additionally, a scheme has been approved for processing critical minerals like lithium and nickel to reduce import dependency. The government aims to modernize its statistical system with a ₹4,371.10 crore scheme.
TIME’s Best Inventions of 2026: This wheelchair drives like a self-driving car, with sensors, voice commands, and collision avoidance
The Strutt ev¹ stands out as a revolutionary invention, featuring an intelligent co-pilot navigation system that empowers users with unmatched independence. This electric wheelchair operates autonomously and adapts to diverse settings. Equipped with state-of-the-art robotics, sensors, and voice-activated controls, it offers unparalleled accessibility. Priced at $7,499, the Strutt ev¹ is available online, complemented by a test drive option.
EV maker Eka plans production in line with infra readiness
Eka Mobility, a Pune-based electric vehicle maker, is facing delays with electric bus deliveries due to charging infrastructure issues. The company can only deliver around 2,000 electric buses from an order book of approximately 11,000 over the next two years. Depot readiness takes about a year as state transport needs to establish necessary infrastructure. Chairman Sudhir Mehta suggested that the government should separate depot development from bus procurement.
TVS RTR 125 unveiled: New sporty 125cc motorcycle brings racing DNA, aggressive styling & everyday practicality; check details
TVS Motor Company has unveiled the RTR 125 at EICMA 2026, expanding its European motorcycle line-up. Developed for A1 licence holders, the 125cc sports motorcycle targets young and first-time performance bike buyers. The company also showcased its wider portfolio, including the RR 310, RTR 310, Ronin, RTX 300 and special '82 Series editions.
Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MD
Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for public, captive, and fleet charging stations under various models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum tenure of eight years.
JSW Greentech gets JSW Cement order to supply 100 Ampstar trucks
JSW Greentech has secured an order for 100 AMPSTAR 4x2 electric tractor trucks to transport materials. The trucks will operate within a 330-km route between Nandyal in Andhra Pradesh and Vijaynagar in Karnataka. This initiative aims to reduce diesel dependency and lower emissions at JSW Cement sites. Battery-swapping infrastructure will support these trucks through a collaboration with JSW Eco-Mobility.
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