An additional 2,000 MW of electricity could be consumed for cooking purposes in urban areas, 1,000 MW in the transport sector, and 2,000 MW in the industrial sector if the distribution system is improved by speeding up.
The Nepali government has made it mandatory for investors to set up two-wheeler assembly plants in the Asian country to ensure certain domestic value addition, employment, and environmental standards.
Nepali authorities are encouraging consumption of more power by cutting electricity tariffs by 2.84 percent on average, as the South Asian country is generating a surplus of hydropower.
Global automakers and tech companies are stepping up the pace when it comes to building factories and prepare for what many believe will be a fast-moving transition from internal combustion engines to electric vehicles
Chile will ban sales of most internal combustion vehicles in support of electric vehicles starting in 2035, the Chilean government announced Friday as part of its National Electromobility Strategy.
Malta's Finance Minister on Monday pledged free public transport for residents to encourage people to ditch their cars and help solve the congestion on the roads.
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