Gensol to acquire majority stake in US based EV startup - Updates
The aim behind the acquisition appears to be to produce about 12,000 electric cars in India annually.
Wondering why they are doing it through Gensol and not BluSmart which is run by the same group. I reckon the Jaggi brothers know a thing or two I don't - smart fellows!
India's Climate Startups Listed by Decarbonization Avenues
Renewable Energy - Utility Scale Solar | Distributed Solar | Solar Thermal | Wind Power | Biomass heating and power | Biofuels | Hydro Power | Geothermal Energy
Energy Efficiency - Energy Efficient Buildings | Industrial Waste Heat Recovery | Low Carbon Thermal Power | Energy Efficient Industrial Equipment | Smart Grids | Heat Pumps | Digital for Decarbonization
Energy Storage - Battery Storage | Thermal & Mechanical Storage | Green Hydrogen
Agriculture & Food - Sustainable Forestry | Regenerative Agriculture | Smart Farming | Low Carbon Food | Agro Waste Management
Materials - Bio-based Materials | Advanced Materials | Product Use Efficiency | Industrial Resource Efficiency
Waste Management - Reducing Food Waste | Solid Waste Management
Water - Water Use Efficiency
Decarbonizing Industries - Low Carbon Metals | Low Carbon Chemicals & Fertilizers | Low Carbon Construction Materials | Low Carbon Textiles & Fashion | Decarbonizing Oil & Gas Sector | Corporate Carbon Management
Low Carbon Mobility - Electric Mobility | Low Carbon Trucking | Low Carbon Marine Transport | Low Carbon Aviation | Low Carbon ICE Vehicles | Mass Transit
GHG Management - CO2 Capture & Storage | C2V - CO2 to Value | Reducing Emissions from Livestock | Reducing Non-CO2 Industrial & Agricultural Emissions | Managing Large Carbon Sinks
Others - Low Carbon Lifestyles | Multi-stakeholder Collaboration | Moonshots