Battery manufacturing factories were also launched in Gujarat and Somerset, UK, alongside solar module production in Tamil Nadu. Global supply chains are shifting in the favour of India as more weightage is given to resilience over efficiency, according to Tata Sons chairman N Chandrasekaran. He reiterated that the Tata Group will create five lakh manufacturing… Continue reading Global manufacturing to shift in India’s favour: N Chandrasekaran
Author: Economic Times of India Online News
Former Suzuki Motor Chairman Osamu Suzuki passes away at 94
Published On Dec 27, 2024 at 03:23 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Go to Source
Andy Palmer, the "Godfather" of the EVs, tells us why the Chinese EVs have a brain over the western ones
Andy Palmer, known as the “Godfather of EVs” for his role in developing the Nissan Leaf, the world’s first mass-market electric vehicle (EV), is sharing his insight on why Chinese electric vehicles (EVs) are leading the charge in the EV race. Palmer, formerly of Nissan, tells us how China topped the West in the EV… Continue reading Andy Palmer, the "Godfather" of the EVs, tells us why the Chinese EVs have a brain over the western ones
Ethiopia introduces incentives to speed up transition to electric mobility
The expansion of EVs and infrastructure is one of the primary initiatives to establish a sustainable and environmentally friendly transportation system, he said, calling for the meaningful participation of relevant stakeholders in this endeavour. The Ethiopian government has introduced various incentives to encourage the expansion of electric vehicles (EVs), with an ambitious goal of accelerating… Continue reading Ethiopia introduces incentives to speed up transition to electric mobility
A hat-trick of very poor AQI
Sources at the Commission for Air Quality Management (CAQM) indicated that the Graded Response Action Plan (GRAP) Stage-III restrictions would remain active. Very poor air quality dogged Delhi for the third day in a row. The Air Quality Index showed 341 at 11am, then became 334 by 3pm due to reduced wind speeds in the… Continue reading A hat-trick of very poor AQI
‘India-US critical mineral partnership a step forward’
The two sides inked an MoU on critical minerals supply chains in October, with the aim of leveraging their complementary strengths to ensure greater resilience in the critical minerals sector. India‘s MoU with the US on critical minerals will be “a step forward” for their engagement as the scaling up of this will lead to… Continue reading ‘India-US critical mineral partnership a step forward’
Oil prices set for weekly gain on China stimulus optimism
Chinese authorities have agreed to issue 3 trillion yuan (USD 411 billion) worth of special treasury bonds next year, as Beijing ramps up fiscal stimulus to revive a faltering economy. Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China,… Continue reading Oil prices set for weekly gain on China stimulus optimism
Former PM Manmohan Singh passes away at 92
Former PM Manmohan Singh passes away at 92 India’s former Prime Minister Manmohan Singh passed away at the age of 92 after he was admitted to AIIMS Delhi’s emergency department. In April this year, Manmohan Singh retired from Rajya Sabha. Singh, who served as the finance minister in the then Prime Minister PV Narasimha Rao-led… Continue reading Former PM Manmohan Singh passes away at 92
Delta Electronics India gets more global projects from Taiwan HQ
All the R&D work will happen out of Delta Electronics’ Bengaluru facility where the manpower is a little over 300 people and will be “scaled up aggressively” in the next couple of years to perhaps closer to 1,000. Taiwan-headquartered Delta Electronics is farming out more global responsibilities to its Indian subsidiary, a clear acknowledgment of… Continue reading Delta Electronics India gets more global projects from Taiwan HQ
Need concerted efforts from across ecosystem to drive EV adoption, says SIAM President
Shailesh Chandra, President, SIAM New Delhi: The road sector, responsible for 12% of the nation’s CO2 emissions, will be crucial in meeting the country’s emission reduction targets. The auto industry must accelerate its efforts to significantly cut emissions before 2070 to ensure these targets are met. Achieving this will require a swift transition to zero-emission… Continue reading Need concerted efforts from across ecosystem to drive EV adoption, says SIAM President