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COP31: Critical Mineral-Rich Nations Seek A Bigger Stake In The Clean Energy Economy
For critical mineral supply chains, the question is no longer just about where the resources are found, but who processes them into materials that industry can use.
Maharashtra plans recycled water, desalination network for data-centre boom
MIDC is planning nearly 180 km of water infrastructure to serve four data-centre clusters in the Mumbai region, using treated sewage where possible and seawater where it is not
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American tech companies to invest billions to build AI infra in India
American e-commerce giant Amazon has decided to pump in $35 billion into its India operations, with most of it being focused on AI. With the entirety of the investment to be fulfilled by 2030, this will add to the $40 billion already invested in the country, reported Times of India. This was announced just a day after another tech giant Microsoft announced an investment of $17.5 billion in India, most of which would again be geared towards building data centers and scaling up AI capacities.
Ola Cuts FY26 Revenue Forecast as Focus Shift to Profitability
Ola Electric cuts its fiscal 26 overall revenue target, while maintaining forecasts for the core automotive business as it shifts the focus to profitability over volumes, reported Reuters. Shares of the company fell 5% post announcement which were down 0.8% prior to the announcement. The decline in volume reflected the shrinking market share which has been overtaken by legacy giants like Bajaj Auto and TVS Motors.
India Launched First E-Truck With Swappable Batteries
Union Minister HD Kumaraswamy and Nitin Gadkari inaugurated India’s first heavy duty e-truck with swappable batteries and a swap cum charging stations, reported ET Auto. The swappable batteries technology will allow electric truck batteries in about seven minutes, compared to conventional two hours for charging.
Can Private Players Reinvent India’s Forecasting Future?
In the first part of this series, CarbonCopy explored why India’s weather forecasts so often fall short. Despite major investments in satellites, radars, and data networks, the India Meteorological Department (IMD) has struggled to predict the intensity of extreme rainfall, flash floods, and cloudbursts, especially in regions with complex terrain
BYD and Tesla’s new battleground for EVs is India
EV giants BYD and Tesla are competing to crack the Indian car market — the world’s third largest, reported Business Insider. But both face steep import duties, and competition from local manufacturers like Mahindra and Tata Motors. India’s EV market will expand in the coming years, and electric car sales could possibly hit the mark of 2-3 million a year by 2030. Tesla has opened
India sold more than 1 million electric vehicles in FY25
According to H D Kumaraswamy, the Union Minister for Heavy Industries and Steel, India sold more than one million electric vehicles in FY2024-25, reported PTI. Kumaraswamy said this through a video message during the Auto Retail Conclave organised by the Federation of Automobile Dealers Association (FADA)
Luxury electric cars costing above ₹20 lakh can attract 18% GST
In the draft report submitted to the 56th GST Council, the Group of Ministers on rate rationalisation has suggested to hike the GST rate on EVs from 5% to 18%, according to a report by Business Today. This will be applicable only for four-wheeled EVs priced between ₹20 lakh and ₹40 lakh.
UK provides discounts for 17 EV models under £650 million grant scheme
In a bid to decarbonise the auto industry, the UK government has made thirteen more electric car models eligible for new government grants. Some models of Nissan, Renault and Vauxhall are eligible for grants up to £1,500, and the discount is applied during the actual sale of the car.
Rare earth magnet shortage can lead to shut down of EV manufacturing plants
The electric vehicle manufacturing industry in India is teetering on the edge, as crucial rare earth magnet inventories are set to run dry by July 31, reported Hindu Business Line. This can lead to the shutdown of manufacturing plants, as some manufacturers only have a few days’ worth of inventory left.
Rising sales of electric trucks lead to dip in diesel use in China
In China, the rise in electric truck sales have led to a slump in diesel use, reported Reuters. Electric and LNG-fuelled trucks comprise a fourth of all new truck sales in the first half of the year. Diesel consumption will most likely fall by 6.3% in 2025, according to a consultancy.
Global Data Centres at Risk From Climate Change: Report
Data centres that power critical infrastructure—are facing sharply rising risks from climate change-driven extreme weather. A report by Cross Dependency Initiative (XDI), specialist in physical climate risk and adaptation analytics stated that without urgent investment in emissions reduction and physical adaptation
Government Opens Doors to Global Electric Car Makers with Portal Launch
The Ministry of Heavy Industries (MHI) launched the portal for the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI),’ inviting global and domestic manufacturers to establish electric vehicle (EV) production facilities in the country, with a minimum investment of ₹41.5 billion, Mercom Reported.