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Blue Energy Motors plans to raise $100 million by January, says CEO

Business Standard LogoBusiness Standard1w ago

Blue Energy Motors plans to raise $100 million by January, says CEO - Business Standard

Quick Summary:

This funding will support the manufacturing of both electric and LNG trucks.

If nothing is done, this number will more than double to 900 million within the next decade," Bhuwalka warned.

India, one of the world's largest greenhouse gas emitters, has set a target of net-zero carbon emissions by 2070, with the government pushing for cleaner fuel alternatives to help reduce emissions.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 16:05:43 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23569336

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 215 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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