Oye aims to tap the growing e-rickshaw market through its distributed battery swap network while delivering a broader socio-economic impact. New Delhi: The electric vehicle startup Oye! Rickshaw has launched its battery swapping platform and targets to deploy 10,000 Li-Ion batteries by December 2021. This announcement comes on the heels of a successful battery swapping… Continue reading Oye! Rickshaw launches battery swapping platform; to deploy 10K Li-ion batteries
Author: Economic Times of India Online News
Audio Interview: International WFH Options for Automotive Industry Professionals
Detroit: GlobalAutoIndustry.com’s latest Audio Interview “International WFH Options for Automotive Industry Professionals” features Allen C. Koski. Koski is President of Insured Nomads, the first insurtech in global benefits. Previously Koski was a Senior Vice President at United Healthcare Global and prior to that instrumental in the growth and development of Cigna Global in roles that… Continue reading Audio Interview: International WFH Options for Automotive Industry Professionals
China cuts "carbon intensity" 18.8% in past five years, in effort to rein in emissions
China: The world’s biggest emitter of greenhouse gases, succeeded in lowering “carbon intensity” by 18.8% in the five years through 2020, a Ministry of Ecology and Environment (MEE) report said on Tuesday, showing the economy’s reduced reliance on fossil fuels. The decline in “carbon intensity” – the amount of carbon dioxide emissions the country produces… Continue reading China cuts "carbon intensity" 18.8% in past five years, in effort to rein in emissions
RIICO plans to develop EV research & mfg zone in NCR
To encourage the support infrastructure for EVs, e-charging and swapping stations were also accorded thrust sector status in the 2021-22 Budget. Jaipur: RIICO is planning to develop an Electric Vehicle (EV) Research and Manufacturing Zone in the NCR part of the state to take first-mover advantage in the sector. EV sector has been included as… Continue reading RIICO plans to develop EV research & mfg zone in NCR
No relief for NHAI, Madras HC asks it to collect only 50% toll fee
NHAI claimed that it is suffering losses of over Rs 16 lakh per day in view of the order. CHENNAI: The two toll plazas on the Maduravoyal-Ranipet section of the Chennai-Bengaluru highway will continue to collect only 50% of the toll, as the Madras high court has refused to reconsider its order reducing the user… Continue reading No relief for NHAI, Madras HC asks it to collect only 50% toll fee
CNG dispensing units, EV charging points likely to come up at dhalaos in south Delhi
The civic body had recently proposed 93 sites to IGL for a feasibility study. New Delhi: To promote green mobility and clean fuel, South Delhi Municipal Corporation (SDMC) has decided to set up ‘green zones’ at selected abandoned dhalaos or vacant sites with the help of IGL. These zones will have CNG dispensing units, battery… Continue reading CNG dispensing units, EV charging points likely to come up at dhalaos in south Delhi
Employee’s union call off strike at Toyota Kirloskar Motor plant
The company said that on March 1 it had accepted the undertaking given by Union leaders on behalf of the members that was presented by them to the government. New Delhi: Automobile major Toyota Kirloskar Motor on Tuesday confirmed that TKM Employee’s Union has officially called off the ongoing labour strike at its factory in… Continue reading Employee’s union call off strike at Toyota Kirloskar Motor plant
Blockchain doesn’t need cryptocurrency: McKinsey Digital’s Asia head
Mumbai: Anand Swaminathan, the head of McKinsey Digital in Asia, told ET that it would be a mistake to think that cryptocurrencies and blockchain technology are “so intertwined you can’t have one without the other”. The Indian government’s reported plan to ban all cryptocurrencies has drawn sharp reactions from members of the crypto community, who… Continue reading Blockchain doesn’t need cryptocurrency: McKinsey Digital’s Asia head
Modi’s infra push likely to double this highway builder’s revenue in 4-5 years
By Dhwani PandyaDilip Buildcon Ltd., one of the top highway builders in India, expects revenue to double in the next 4-5 years on an infrastructure push by Prime Minister Narendra Modi’s government, Rohan Suryavanshi, the company’s head of strategy & planning, said in an interview with Bloomberg TV. “We should be looking at 15%-20% growth… Continue reading Modi’s infra push likely to double this highway builder’s revenue in 4-5 years
Exports dip 0.25% to USD 27.67 bln in February
New Delhi: India’s exports marginally declined 0.25 percent to USD 27.67 billion in February while imports grew by 6.98 percent to USD 40.55 billion during the month, according to provisional data released by the commerce ministry on Tuesday. The trade deficit widened to USD 12.88 billion in February as compared to USD 10.16 billion in… Continue reading Exports dip 0.25% to USD 27.67 bln in February