Electric Vehicles

The natural gas industry lost its initial bid to strip key climate-friendly measures out of national homebuilding guidelines, HuffPost has learned. The rules in the model building code will require new homes to come equipped with the circuitry to hook up induction stoves and electric car chargers, and will be used as a benchmark in almost every state. In November, trade associations representing gas utilities and furnace manufacturers launched a last-ditch effort to gut the provisions, which will be released this year. The International Code Council, the nonprofit organization that works with industry groups and local governments to write the generic codes enshrined into law across most of the country, even bent its own rules to grant players like the American Gas Association and the Ameri...

New Delhi: The growth of the domestic passenger vehicle industry is likely to moderate to less than 5 per cent in the next fiscal, according to Tata Motors Passenger Vehicles Managing Director Shailesh Chandra. The company, however, expects electric vehicle sales to keep growing despite the slow pace of charging infrastructure development in the country. "We had seen a very strong growth in FY23 of 25 per cent, which is likely to moderate in FY24 to about 8 per cent. Therefore, we are seeing with this high base effect, and FY25 will be slightly challenging with less than 5 per cent growth rate," Chandra said in an analyst call. He further said, "As far as EVs are concerned, I think the biggest challenge here is the pace at which the charging infra is growing. It is ...

Tag: Electric vehicles

Breaking News: Gas Industry Loses Bid To Block Green Building Codes

Breaking News: PV Industry Growth Likely To Moderate To Less Than 5 Pc In FY25: Tata Motors