A total of INR 88.5 lakh will be given as assured cash prizes to winners across four innovation categories and three stages The top three winners will get cash prizes of INR 10 lakh, INR 7.5 lakh and INR 5 lakh respectively, besides assured incubation support of INR 50 lakh each, access to iCreate’s facilities,… Continue reading iCreate’s EVangelise 21: An EV Innovation Challenge to Catalyse Innovations in the 2W and 3W EV Segment in India
Author: Economic Times of India Online News
Japan to boost renewable energy to meet emissions target
The changes are meant to achieve a carbon emissions reduction target announced in April. Prime Minister Yoshihide Suga has pledged that Japan will strive to reduce its emissions by 46% from 2012 levels, up from an earlier target of 26%, to achieve carbon neutrality by 2050. New Delhi: Japan aims to drastically increase its renewable… Continue reading Japan to boost renewable energy to meet emissions target
MCCIA lauds electric vehicles’ policy, points to improvements needed
Pune: The Mahratta Chamber of Commerce, Industry, and Agriculture (MCCIA) has commended the new electric vehicles (EVs) policy announced by the state government in a new comparative paper with similar policies of other states, but has also pointed out improvements needed, especially with regard to development of EVs. The MCCIA paper compared the state EV… Continue reading MCCIA lauds electric vehicles’ policy, points to improvements needed
Tata AutoComp, Tellus supply 64 fast chargers to Tata Power
Tata AutoComp has ten joint ventures to roll out automotive components and systems like engine cooling solutions, automotive batteries, rear view mirrors, command systems, HVAC, and exhaust and emission control systems among others. NEW DELHI: Tata AutoComp Systems on Wednesday said it along with US-based charging infrastructure company Tellus Power Green has executed a supply… Continue reading Tata AutoComp, Tellus supply 64 fast chargers to Tata Power
SOS: Stranded and shattered seafarers threaten global supply lines
The Delta variant devastating parts of Asia – home to many of the world’s 1.7 million commercial seafarers – has prompted many nations to cut off land access to visiting crews, in some cases even for medical treatment. Just 2.5% of seafarers – one in every 40 – have been vaccinated, the ICS estimates. The… Continue reading SOS: Stranded and shattered seafarers threaten global supply lines
TN auto drivers quitting profession over rising fuel prices, post-Covid issues
The trade unions are of the opinion that the auto-rickshaw drivers are not in a position to carry on their day-to-day activities after the daily fuel price hike. Chennai: With fuel prices touching an all-time high and Covid-19 leading to shutdown of businesses, auto drivers in Tamil Nadu are calling it a day. Trade Union… Continue reading TN auto drivers quitting profession over rising fuel prices, post-Covid issues
Make in India and the PLI schemes will make India a manufacturing powerhouse: ET-ILC Members
The PLI scheme, as its name reflects, is meant to provide companies incentives on incremental sales from products manufactured in domestic units. “The Make in India campaign by the Government has given manufacturing an impetus and the investments made in infrastructure, healthcare, electronics, amongst others, are already bearing fruit. This will help India being seen… Continue reading Make in India and the PLI schemes will make India a manufacturing powerhouse: ET-ILC Members
ChargePoint to buy VW-backed charging software firm for $295 million
Founded in 2013, has.to.be, in which Volkswagen is a minority shareholder, employs 125 people in Austria and Germany. Its software manages more than 40,000 charging points on the continent, with access to 250,000 via roaming agreements. Frankfurt: ChargePoint, one of the world’s largest electric vehicle charging networks, on Tuesday said it has agreed to acquire… Continue reading ChargePoint to buy VW-backed charging software firm for $295 million
Patchy monsoon rain raises growth and inflation worries in India
The monsoon’s progress in the coming weeks holds the key to farm incomes and rural demand at a time when manufacturing and services sectors have suffered due to the coronavirus pandemic. Agriculture accounts for about 18% of India’s economy. Poor monsoon showers are threatening India’s nascent economic recovery and could make food even more expensive… Continue reading Patchy monsoon rain raises growth and inflation worries in India
Automovill raises USD 500,000 in bridge round led by Mumbai Angels Network
New Delhi: Full-stack mobility startup Automovill on Tuesday said it has raised USD 500,000 in a bridge round from Mumbai Angels Network, along with its existing investor NEDFi Venture Capital. The round is led by Jay Nagrecha, and Sandeep Daga participating through Mumbai Angels Network. Including the current fundraise, the startup has raised a total… Continue reading Automovill raises USD 500,000 in bridge round led by Mumbai Angels Network