Chinese automakers target Africa’s untapped market, focusing on electric and hybrid vehicles. Chinese automakers are pushing to unlock Africa’s underdeveloped potential, with a focus on electric and hybrid vehicles, as restrictions on exports to the United States and Europe send them on a global quest for new markets. Though home to over a billion people,… Continue reading Amid global headwinds, Chinese automakers set sights on Africa
Author: Economic Times of India Online News
Toyota explores hydrogen infrastructure to power future of automotive in India
TKM executives noted that the initiative aligns well with India’s ambitions under the National Green Hydrogen Mission and the 2047 energy independence vision. Toyota Kirloskar Motor (TKM) is taking a significant step towards becoming a clean energy enabler in India through a pilot hydrogen-based microgrid system, developed in partnership with electrolyser firm Ohmium. While the… Continue reading Toyota explores hydrogen infrastructure to power future of automotive in India
India’s EV growth trails global leaders, but emerges as fastest-growing large market: Report
India’s EV sector is growing steadily but still trails global leaders, says Intelsense report. India’s electric vehicle (EV) sector is growing steadily but continues to lag behind global leaders, according to a recent report by Intelsense. In FY24, India’s EV market grew by 27 per cent year-on-year, yet it remains outside the global top 10… Continue reading India’s EV growth trails global leaders, but emerges as fastest-growing large market: Report
Chinese-Moroccan joint venture inaugurates EV battery parts plant
The venture will eventually comprise three “complementary” projects, it added, including a facility for refining critical metals and recycling old batteries. A Chinese-Moroccan joint venture announced on Wednesday the inauguration of a new factory for electric car battery components, the first of its kind in the North African country. The complex will ultimately have a… Continue reading Chinese-Moroccan joint venture inaugurates EV battery parts plant
NH ₹3k toll pass may bring down collections by 8%
This could spell good news for highway users, who stand to save up to 80%. Toll collection at national highways could decline up to 8% with the launch of the ₹3,000 annual toll pass for private vehicles from August 15, though highways users could see savings of up to 80%, two ratings agencies said while… Continue reading NH ₹3k toll pass may bring down collections by 8%
Toyota Kirloskar, Ohmium to manufacture green hydrogen power solutions
MoU Exchange Signing between Mr. Sudeep Dalvi, Senior Vice President & Head State Affairs – Toyota Kirloskar Motor and Dr Chock Karuppiah, CSTO, Ohmium International Toyota Kirloskar Motor (TKM) has entered into a strategic collaboration with Ohmium, a manufacturer of Proton Exchange Membrane (PEM) electrolysers, to co-develop green hydrogen-based power solutions aimed at supporting India’s… Continue reading Toyota Kirloskar, Ohmium to manufacture green hydrogen power solutions
Odisha to launch EV policy 2.0, targets 50% battery EV registrations by 2036
The revamped policy is expected to accelerate the adoption of electric mobility in the state. The Odisha government is set to roll out its updated Electric Vehicle Policy 2.0 with an ambitious target—achieving 50per cent battery electric vehicle (BEV) share in all new vehicle registrations by 2036, reports PTI. According to an official statement issued… Continue reading Odisha to launch EV policy 2.0, targets 50% battery EV registrations by 2036
Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project
Greenzo Energy India Ltd. has secured an order worth ₹320 crore from Oswal Energies Ltd. for supplying electrolysers and Balance of Plant (BoP) equipment for a 20 MW green hydrogen facility, the company said in a statement. The project will be executed under the Build-Operate-Transfer (BOT) model. Greenzo Energy will manufacture and supply indigenously developed… Continue reading Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project
Tender process for road construction questioned
Aggarwal said that he would meet the MC commissioner and mayor and seek answers from them. Former councillor from the Bharatiya Janata Party (BJP), Inder Aggarwal, raised concerns about the sanctioning of tenders to a contractor in ward number 57 for construction of roads at 45% less than the estimated cost, which is Rs 56.74… Continue reading Tender process for road construction questioned
Kumaraswamy meets Gadkari, seeks Centre’s support for Karnataka road projects
Kumaraswamy said the rapid population growth in Bengaluru has led to rising congestion and stressed the need for a new road network and ring road system. Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, met Union Minister for Road Transport and Highways, Nitin Gadkari, on Tuesday to discuss infrastructure proposals for Karnataka, including a… Continue reading Kumaraswamy meets Gadkari, seeks Centre’s support for Karnataka road projects