{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"India Tech Report","title":"The climate on Monday: nations lag targets, India’s EV 2-wheeler makers, Integrum’s IPO and more","html":"","width":"100%","height":180,"duration":343,"description":"Daily brief on deep tech and climate tech news from India and around the worldIllustrative image. Scientists are increasingly alarmed that the world will fail to curtail the rise of the global average temperature to 1.5 degrees from anthropogenic global warming.Most countries fall behind on climate targets as progress slows in 2025An analysis by E&E News and PoliticoPro reveals that most countries are failing to meet their climate targets, with progress stalling due to political pushback, economic headwinds, and slow adoption of clean technologies.While a few nations have made notable gains, the majority are off track to meet their 2030 emission reduction goals. Experts warn that without accelerated action and stronger policies, global efforts to limit warming to 1.5°C are increasingly at risk.Listen to the podcastArcelorMittal cancels green steel projects in Germany due to high energy costsArcelorMittal, the world’s second-largest steelmaker, has abandoned plans to convert two German plants to carbon-neutral production, citing prohibitively high energy costs and uncertainty over Germany’s future energy mix.The company turned down €1.3 billion in subsidies, opting instead to invest in countries with more competitive electricity prices, like France. This decision is a major setback for Germany’s green hydrogen strategy and highlights the broader challenges facing Europe’s steel industry amid weak demand and rising imports.Oben Electric secures Rs. 100 crore in Series A funding for FY26 expansionIn some EV startup funding news in India, Oben Electric has raised Rs. 100 crore in Series A funding to accelerate growth this financial year. The money will support product development, expand manufacturing capabilities, and enhance distribution networks.The company aims to strengthen its position in the competitive electric vehicle market with new models and expanded operations.Okinawa Autotech receives Rs. 60 crore investment from Dhruv Khush Business VenturesOkinawa...","thumbnail_url":"https://img.transistorcdn.com/klwtZi6_OVxR1RQx-EUqBBLq9JNmkk2p0xt3ov7-eeg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kYjRi/MTNkNDVhMTVlOThm/MDM4ZmVlYjFmZGNl/OGFiNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}