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British Consortium to Invest $9 Billion in Indonesia Mining, EV Batteries, Minister Says
Indonesia is keen to develop batteries and vehicles for the world's biggest electric car manufacturers.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- electric vehicles, manufacturing, mining, wind
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Spiro Reaches 1 Million Battery Swaps With Its Electric Two-Wheelers in Africa
In Uganda, Spiro recently signed a landmark agreement with the Ugandan government to replace boda-bodas with electric motorbikes.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Sudden Reduction of Subsidy of Electric Two-Wheelers May Lead to Major Decline in EV Adoption in India
The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Uber Steps up EV Push in India With Uber Green
Ride-hailing platform Uber Technologies (UBER.N) is stepping up its efforts to go green in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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E3 Capital and Lion’s Head Climate Fund Hits First Close at $48 Million to Back African Startups
E3 Low Carbon Economy Fund for Africa joins the growing list of funds backing startups in Africa’s climate tech sector.
- Region
- Sub-Saharan Africa
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Indonesia Tax Cut Drives Electric Car Sales for Hyundai, Wuling
Sales of electric cars in Indonesia jumped last month after the government launched a tax incentive.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Hyundai Motor to Invest $2.45 Billion in India by 2032 to Boost EV Ecosystem
The agreement will lead to an increased production capacity at the company’s facility in Sriperumbudur — Chennai’s automotive corridor.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
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Auto Giants Are Setting Their Sights on a New Growth Market for EVs: India
While China, Europe and the U.S. have become hubs for the purchase of electric cars, India currently lags far behind.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
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