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‘Equalization Levy’ On Imports Of Solar Panels From SEZs Soon…

India’s plan to levy a customs duty on solar panels will be framed in a way that it does not severely hit domestic companies who operate from special economic zones, or SEZs.

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Andhra Government May Revoke PPA With NTPC

The Andhra Pradesh (AP) government has decided to pull out of the power purchase agreements with the NTPC from its plants located at Kudigi Stage-1 in Karnataka and at Vallur in Tamil

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High-Power Wireless Charging System Goes Into Trial

The high-power wireless charging systems from Momentum Dynamics are going into a trial program with Jaguar I-PACE electric taxis in Oslo, Norway. The program will also include Nordic taxi operator Cabonline (NorgesTaxi

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Nikola Opens Booking For Hydrogen Powered Pick-Up Trucks

Nikola Motors, the Tesla competitor, has started taking reservations for its upcoming Badger electric and hydrogen-powered pickup truck. For $5,000 fee, customers can secure their own powerhouse truck that will eventually be

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Volkswagen’s Zwickau Factory Switches To Only EV After 116 Years!

Volkswagen’s Zwickau factory is switching 100% to electric vehicles (EV). It will produce a total of 6 models from 3 company brands (Volkswagen, Audi, and Seat). Today was the last day it

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EV Revolution May Take Place In Just 5 Years…

The EV revolution is happening faster than expected and the next 5 years will show a dramatic shift. Some countries saw their Electric car market share go up 4 or 6 fold

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Amazon Feels Zoox Might Have The Secret To Robotaxis

Zoox, based out of California, has been working for years on autonomous ride-hailing technology. It was valued at $3 billion in 2018. It is currently in talks with Amazon about a potential

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BP’s $18 Billion Writedown Is A ‘Writing On The Wall’ For Oil Companies

BP, one of the largest fossil fuel companies in history, did something unexpected this week. It wrote off $18 billion worth of its assets, significantly reducing the stated value of its oil

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