Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors. CEO Carlos Tavares says that by 2025, 98 per cent of its models in Europe and North America will have fully electric or plug-in gas-electric hybrid versions. He says the company that combined Fiat Chrysler and Peugeot is developing four fully electric vehicle platforms with ranges from 500 kilometers (311 miles) to 800 kilometers (497 miles).

Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a "decisive shift" towards meeting U.N.-backed climate goals, BP said in its annual energy review. Last year witnessed the biggest fall in carbon emissions in more than 75 years, putting the world closer to the path needed to hit a target of keeping global warming below 2 degrees Celsius this century, BP's 2020 Statistical Review said.

ICICI Prudential Life Insurance Company has released its 2nd ESG Report for the year 2020-21. The organisation firmly believes in ensuring long-term sustainability by undertaking holistic and proactive action. The last three years have been landmark years for ICICI Prudential for their strategic transformation, business aspirations, and value creation for shareholders.

Kia Corporation and Hyundai Motor Company have signed a memorandum of understanding with Next Hydrogen Corporation, a Canadian company specializing in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., bolstering their efforts to usher in a global hydrogen society through cost-effective production of clean hydrogen. Under the agreement, the companies will jointly develop an alkaline water electrolysis system[1] and its related stack for the purpose of generating green hydrogen economically and exploring new business opportunities and technological applications.

Wind energy companies in India woefully behind their project timelines have sought a blanket extension for all ongoing and future projects, calling the current 18-month timeframe "unviable". At a meeting between renewable energy companies and the Ministry of New and Renewable Energy (MNRE) in June, wind companies have requested the government to extend the deadline for project completion to at least 24 months, according to people who attended the meeting.