The Italian factory where the 500 is made, Turin’s Mirafiori, has sat largely idle this year, due to slow demand for electric cars. Italy could become Europe’s second-largest auto producer within the next five years, one of Stellantis‘ top managers said in an Italian TV interview on Monday, ahead of talks with the Rome government.… Continue reading Italy could become Europe’s second largest auto producer, says Stellantis manager
Author: Economic Times of India Online News
Stellantis’ former head of Ram returns to run the brand
Christine Feuell, who took over leading the Ram brand when Kuniskis retired, will continue to lead Stellantis’ Chrysler brand as well as Alfa Romeo North America, a company spokeswoman said. Stellantis‘ former head of Ram is returning to the company just months after announcing his retirement, as the automaker seeks to strengthen its leadership team… Continue reading Stellantis’ former head of Ram returns to run the brand
Audio Interview| Tariffs and trade: Impact on the American industrial base
Ron Hesse speaks with Ambrose Conroy In the 21-minute Audio Interview, Mr. Conroy discusses these questions: There seems to be bipartisan consensus regarding tariffs on Chinese-manufactured vehicles. How do you see this affecting both established automotive supply chains and emerging Chinese OEMs trying to enter the U.S. market? What about suppliers? Your view is many… Continue reading Audio Interview| Tariffs and trade: Impact on the American industrial base
Servotech partners with LESSzwei GmbH to develop 100% solar-powered EV charging infrastructure for micromobility in Germany
The project will initially deploy 100 charging stations across 50 German cities, with two stations per city, the company said in a media release. Servotech Power Systems, an Indian EV charger manufacturer, and LESSzwei GmbH (LESS2), a German sustainable development company, have partnered to develop and deploy solar-powered EV charging infrastructure for micromobility in Germany.… Continue reading Servotech partners with LESSzwei GmbH to develop 100% solar-powered EV charging infrastructure for micromobility in Germany
PLI had led to INR 1.25 lakh crore investments: PM Modi
PM Modi India’s production linked incentive (PLI) schemes have led to investments of over INR 1.25 lakh crore, Prime Minister Narendra Modi said Monday. Speaking at the Rising Rajasthan Global Investment Summit 2024, he said the role of PLI scheme in increasing manufacturing in India is also increasing. “There is a lot of enthusiasm in… Continue reading PLI had led to INR 1.25 lakh crore investments: PM Modi
DPCC imposed INR 2 lakh fine on MCD, DDA: Report in NGT
The report further stated that Rs 1 lakh compensation was imposed on DDA’s superintending engineer concerned. The Delhi Pollution Control Committee on Monday informed the National Green Tribunal that the Municipal Corporation of Delhi and Delhi Development Authority were fined a lakh each for reportedly failing to prevent environmental damages. The NGT previously directed the… Continue reading DPCC imposed INR 2 lakh fine on MCD, DDA: Report in NGT
1.3 lakh e-challans issued per day since September 2019 for traffic offences
Global experience shows that traffic rule violations decrease when there is a high probability of getting caught for every offence. Despite a significant rise in fines after the amended Motor Vehicle Act came into force in September 2019, government data shows that enforcement authorities have issued over 24 crore e-challans since then, averaging around 1.3… Continue reading 1.3 lakh e-challans issued per day since September 2019 for traffic offences
Servotech Power in pact with LESSzwei GmbH for solar-powered EV charging network in Germany
Servotech Power Systems is a listed entity that develops tech-enabled EV charging and solar solutions. Homegrown Servotech Power Systems on Monday said it has signed a strategic partnership with LESSzwei GmbH (LESS2) to develop and deploy solar-powered EV charging infrastructures in urban areas of Germany. The 100% solar power-based EV charging infrastructure will be set… Continue reading Servotech Power in pact with LESSzwei GmbH for solar-powered EV charging network in Germany
Hyundai Motor India plans 600 EV fast charging stations by 2030
This agreement will result in 100 EV charging stations across Tamil Nadu by 2027, with 10 scheduled to be operational within 2024. Hyundai Motor India Limited (HMIL) is expanding its public electric vehicle (EV) charging network across India, aiming for nearly 600 fast-charging stations in the next seven years. The company plans to have 50… Continue reading Hyundai Motor India plans 600 EV fast charging stations by 2030
Greenie Energy raises USD 600,000 in seed funding to revolutionise EV charging across India
As India moves towards a more sustainable future, Greenie Energy is well-positioned to be a key enabler of EV adoption, offering reliable and accessible charging infrastructure to meet the nation’s growing demand. Greenie Energy, an innovative EV charging technology start-up, has successfully raised USD 600,000 (over Rs 5 crore) in seed funding from a group… Continue reading Greenie Energy raises USD 600,000 in seed funding to revolutionise EV charging across India