Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.
Aside from an emphasis on energy efficiency, the Indian government’s new energy policy will primarily focus on Indian-made battery cells for electric vehicles, in addition to demand creation initiatives and new incentives.
The new government’s chief policy thinktank has suggested banning sales of non-electric two and three wheelers in 2025 and cars, trucks and buses five years later as well as forcing public fleets and the cars used by ride hailing apps to be electric.
The government is considering financial incentives such as import and export duty waivers to woo battery manufacturers to set up a globally competitive manufacturing base in India.
Following the launch of the Indian government’s 40 GW battery production plan for the states, Telangana has pitched for a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land plus power and water for the fab at a concessional rate.
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