How innovation and localisation can impact mainstreaming of EVs in India

Charging times can vary widely, often taking an hour or more depending on the state of charge. After over five years of driving an EV, I find myself reflecting on the realities of EV ownership—both the advantages and the challenges. During this duration, India’s EV passenger car market has seen remarkable growth, rising from a… Continue reading How innovation and localisation can impact mainstreaming of EVs in India

Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific

Nations such as Japan, South Korea, India, and Indonesia are implementing policies to accelerate the adoption of EVs, which may negatively affect the market for the exhaust and ICE after-treatment sector, said the report. Driven by the electrification trend that is leading to a gradual decrease in the market of internal combustion engine (ICE) engines,… Continue reading Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific

Jaipur highway crash: Cops may act against NHAI over safety lapses, negligence

This is not the first time police have criticised NHAI for safety lapses. The state police are considering action against NHAI officials for alleged negligence following the tragic LPG tanker accident on Ajmer-Jaipur NH48 last Friday, which claimed 13 lives and reignited the demand for robust safety measures to prevent future tragedies. The accident occurred… Continue reading Jaipur highway crash: Cops may act against NHAI over safety lapses, negligence

Chhattisgarh receives INR 15,184 cr investment proposals, including EVs and semiconductors, at Investors Connect Meet

New Delhi: Chhattisgarh government on Monday annonunced that the state had received investment proposals worth Rs 15,184 crore from leading industrialists for setting up industries in various industrial sectors at the Investors Connect Meet held in New Delhi. Key industrialists from both India and abroad had engaged in detailed discussion with Chhattisgarh Chief Minister Vishnu… Continue reading Chhattisgarh receives INR 15,184 cr investment proposals, including EVs and semiconductors, at Investors Connect Meet

Green hydrogen prices will remain stubbornly high for decades

Only two markets — China and India — are likely to see green hydrogen become cost-competitive, according to BNEF. There, the cleaner fuel will reach a comparable price to gray hydrogen by 2040. Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will… Continue reading Green hydrogen prices will remain stubbornly high for decades

TVS Motor shares in focus on completing 39% stake acquisition in DriveX Mobility

TVS Motor Company shares closed flat at INR 2,388.15 on the BSE in the previous trading session. TVS Motor Company stock is likely to grab attention in Tuesday’s trading session after the company announced the completion of its 39.11% stake acquisition in DriveX Mobility. This brings TVS Motor’s total stake in DriveX to 87.38%, making… Continue reading TVS Motor shares in focus on completing 39% stake acquisition in DriveX Mobility

Rupee to hover near record low amid rise in US Treasury yields

The domestic currency hit an all-time for the fifth consecutive trading session, inching past its previous record low of 85.10 hit on Friday. The Indian rupee may open near its all-time low on Tuesday and continue to trade with a mild depreciation bias, pressured by a rise in U.S. bond yields, with traders expecting the… Continue reading Rupee to hover near record low amid rise in US Treasury yields

EV maker Greaves Electric files IPO papers

Updated On Dec 24, 2024 at 09:37 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Greaves Electric plans to invest the IPO proceeds into product research and development and build battery assembly capabilities, with a smaller portion earmarked to boost manufacturing capacity. Electric-vehicle maker Greaves Electric Mobility plans to raise 10… Continue reading EV maker Greaves Electric files IPO papers

Europe’s embattled auto sector plans plant closures and layoffs

French tire maker Michelin will shut two sites in western France, affecting about 1,250 jobs, it said on Nov. 5. Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures… Continue reading Europe’s embattled auto sector plans plant closures and layoffs

Traditional dealerships continue to drive success in India’s expanding auto market

In India, purchasing a car goes beyond mere transaction; it is a deeply personal experience, often tied to aspirations and emotional significance. India’s automotive market stands as a testament to the enduring power of tradition in an era of digital disruption. While many global markets embrace online car buying, Indian consumers remain loyal to the… Continue reading Traditional dealerships continue to drive success in India’s expanding auto market