SoftBank’s India solar ambitions may gain from PM Modi’s electric vehicle push - News Summed Up

SoftBank’s India solar ambitions may gain from PM Modi’s electric vehicle push


SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit told Reuters. India is considering electrifying all its vehicles over the next 15 years, a plan that could boost SoftBank’s solar ambitions in the country if the government adopts renewable energy to charge the vehicles. In a few years when the number of electric vehicles and charging stations is significant there may be need for dedicated solar plants to supply energy for transportation, Kohli said. SB Energy has held discussions with government officials on ways in which countries in Europe and the United States are using solar power to charge electric vehicles and the potential solutions for India, Kohli said. “The intention is very clear that electric vehicle charging should be done using renewable energy.


Source: Hindustan Times June 05, 2017 13:07 UTC



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