Shradha Suri Marwah, chairperson and managing director of Subros Ltd. was appointed vice president of ACMA on Friday. New Delhi: Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, on Friday appointed Sunjay J Kapur, chairman, SONA Comstar Ltd. as president, and Shradha Suri Marwah, chairperson and managing… Continue reading ACMA appoints SONA Comstar chairman Sunjay J Kapur as president
Author: Economic Times of India Online News
Maruti Suzuki invites startups under 6th cohort of MAIL initiative
According to the carmaker, the winning startups will get an opportunity to undertake a paid Proof of Concept (PoC) with the Company. These selected startups will be closely mentored by industry experts in the domestic and international startup ecosystem. New Delhi: Maruti Suzuki India Limited (MSIL) on Friday said it is welcoming applications for the… Continue reading Maruti Suzuki invites startups under 6th cohort of MAIL initiative
NHAI to be flag-bearer of Centre’s Rs 6 lakh crore asset monetisation plan
The National Highways Authority of India (NHAI) will be the flag-bearer of the government’s asset monetisation programme with a plan to raise about Rs 30-40,000 crore through monetisation of its operational stretches over the next two years. The company officials indicated that the disruptions in wake of pandemic delayed some of its asset monetisation plan,… Continue reading NHAI to be flag-bearer of Centre’s Rs 6 lakh crore asset monetisation plan
Union Power Minister asks all Ministers, CMs to convert official fleets to EVs
Union Minister of power and renewable energy R K Singh New Delhi: The Union Minister of power and renewable energy R K Singh has urged the Union Ministers and Chief Ministers of States to use EVs for all official purposes. According to a recent PIB notification, Singh has written to all the Union Ministers including… Continue reading Union Power Minister asks all Ministers, CMs to convert official fleets to EVs
Narendra Modi’s focus on hydrogen, electric vehicles and energy-efficient factories might actually work
Focusing on green opportunities also offers a possible solution to India’s private investment problem. After making great strides in promoting renewable energy, India is once again being singled out as a global climate laggard. Its negotiators blocked agreement on tackling emissions at the G-20 meeting in Naples earlier this year, publishing an eye-catching dissent calling… Continue reading Narendra Modi’s focus on hydrogen, electric vehicles and energy-efficient factories might actually work
The world economy’s supply chain problem keeps getting worse
A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy. Manufacturers reeling from shortages of key components and higher raw material and energy costs are… Continue reading The world economy’s supply chain problem keeps getting worse
GM hints at ‘multiple’ battery options, affirms LG deal
General Motors Co chief executive officer signaled the automaker would continue its relationship with South Korea’s LG Energy Solution, the battery supplier at the heart of its $1.8 billion vehicle recall, Bloomberg News reported. The automaker has “multiple pathways” to secure a leading position in the transition to electric vehicles, CEO Mary Barra said in… Continue reading GM hints at ‘multiple’ battery options, affirms LG deal
U.S. August auto sales to fall as supply constraints continue – J.D. Power, LMC Automotive
New Delhi: U.S. auto retail sales are expected to fall in August, as the global semiconductor shortage coupled with the fast spreading Delta variant of the coronavirus squeezed inventory at dealerships, consultants J.D. Power and LMC Automotive said. Retail sales of new vehicles are expected to fall 14.3% to 987,100 in August from a year… Continue reading U.S. August auto sales to fall as supply constraints continue – J.D. Power, LMC Automotive
India offers huge opportunities for vehicle manufacturers: Nissan COO
“India is the fourth largest (automotive) market. In five to six years, it should be the third-largest market. However, there is a big opportunity,” he said, adding the low car penetration of just 20 per 1,000 offers a “huge opportunity in front of us”. New Delhi: India offers huge opportunities for vehicle manufacturers and electrification… Continue reading India offers huge opportunities for vehicle manufacturers: Nissan COO
Sun Mobility aims to have one million EVs on road by 2025
Chetan Maini, Co-founder of Sun Mobility New Delhi: Electric vehicle solutions and services startup Sun Mobility said it will build itself a complete mobility as a service (MaaS) and aims to bring one million EVs on Indian roads by 2025, Chetan Maini, co-founder of Sun Mobility told ETAuto. With this the company aims to be… Continue reading Sun Mobility aims to have one million EVs on road by 2025