By Gunjan Malhotra The transportation sector, second-largest greenhouse gas emitter, is aiming to reduce environmental impacts. The market for electric vehicles has grown significantly in the past five years, driven by customer preference for zero-emission vehicles, particularly electric scooters. Despite the COVID-19 pandemic impacting vehicle production, overall sales volumes remained positive. The market for all electric vehicles is expected to grow from $388.1 billion in 2023 to $951.9 billion by 2030 at a 13.7 per cent CAGR. The electric vehicle (EV) battery is crucial for long-term performance and efficiency, and...

By Vineet Agarwal As India moves towards a USD 5 trillion economy goal, the need for industry to be aggressive, competitive, and productive will be the key value add to drive the country beyond. For this, the imperative would be to improve the ease of doing business, and one of the most critical components of this plan would be logistics. Though the recent announcement by DPIIT that India’s logistics cost ranged from 7.8% – to 8.9% of GDP for the year 2021-22 seems to be significantly lower than expectations, there...