Indian Automobile Tycoon Anand Mahindra Hints at Considering Bitcoin Payments for Cars

Bitcoin, the most expensive cryptocurrency to ever exist, could soon become a car payment option in India. Anand Mahindra, the chairperson of Mahindra and Mahindra, has hinted in a tweet at a future where the crypto asset could come in handy to purchase a car from the company. An Indian business tycoon, Mahindra runs one … Read more

Statiq Wins HPCL Contract for 500 Electric Vehicle Chargers Across 12 States

EV charging network provider Statiq on Monday said it has won a contract from public sector oil marketing firm HPCL for setting up over 500 EV chargers across 12 states. Under the contract, the firm will install over 500 chargers, for all types of electric vehicles including two and four-wheelers, at HPCL’s outlets spread across … Read more

Rapid EV Adoption in India Fanning Expectations That Fuel Demand Could Peak Early

The rapid take-up of electric vehicles in India’s fledgling market has prompted a major rethink about the country’s long-term fuel needs as refiners in Asia’s third-largest economy hasten their shift away from oil production. India, one of the world’s fastest growing oil markets, has lagged major economic peers in Europe and Asia in the adoption … Read more