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Detailed stories on technology startups, business and economic current affairs.
In a coal-dependent country like India, EVs might actually increase emissions of greenhouse gases

While speaking at the recent ETAuto EV Conclave, R.C. Bhargava, chairman of Maruti Suzuki India Ltd, made a rather unexpected point. Unexpected because it was an event to promote electric vehicles. “In a country like India, where per capita incomes are a fraction of those in Europe and the US and coal is the major source of electricity, electric vehicles will not give the intended reduction in carbon emissions for the next 10-15 years,” he said.
Bhargava even questioned the government’s rationale in taxing compressed natural gas-powered cars at the same level as petrol and diesel cars, and said …
ADNOC’s strong numbers underline a strategy built on higher output, shipping gains and new routes that sidestep the risky Strait of Hormuz.
From cancelled races to scrambled calendars, the Iran conflict is testing an over two-decade partnership that powered the sport’s growth.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.