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Cambodia can achieve 2050 EV targets if plan well implemented: report

PHNOM PENH: Cambodia can achieve its ambitious targets for increasing the proportion of electric vehicles (EVs) on its roads if the kingdom follows a carefully designed plan, said a World Bank report released here on Thursday (March 28). ....

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Morning Brief Podcast: Will JSW-MG bring more Chinese car makers to India?

The JSW Group-MG Motor wants to bring the “Maruti moment” to the Indian EV industry. The steel major and Chinese auto giant have ambitious targets of flooding the market with new, flashy models and clocking 1 million sales volume by as early as 2030. The number is several multiples of the total EVs sold in India last year. Are these realisable targets? Will the partnership help MG to expand in a market that doesn’t look kindly to Chinese entities? Are there more Indo-Chinese auto partnerships in the offing? Host Anirban Chowdhury breaks it down with Puneet Gupta, Director - S&P Global Mobility, Shally Seth Mohile, and Rajiv Ghosh of Economic Times. Also listen to excerpts of an exclusive interview with Rajeev Chaba, president, MG Motor India only on the latest episode of The Morning Brief podcast! ....

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SEOUL (Reuters) South Korea's Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three years to bolster its gr ....

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EU May Water Down Harsh 2035 EV Mandate And Reprieve Hybrids

The EU and U.K. plan to ban new ICE vehicles in favor of EVs, but the move is stumbling and some experts believe the rules should be watered down in favor of hybrids. ....

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India working on its peak oil demand projection

The modelling exercise, undertaken by the Petroleum Planning & Analysis Cell (PPAC), will also help India plan for its future refining capacity. ....

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