Research suggests that EVs offer a multifaceted solution to pressing challenges, from reducing air pollution and carbon emissions to decreasing reliance on fossil fuels and promoting sustainable energy practices. “Did you know, Amma, that EVs can accelerate faster than traditional cars and are cheaper to maintain?” “My 12-year-old daughter, an EV enthusiast, passionately advocates for… Continue reading Awareness driving the electric vehicle revolution: A citizen-led movement
Author: Economic Times of India Online News
Demand for affordable small vehicles in India will recover in 2025: Report
The global financial services firm said that the mix continues to improve as SUVs and premium models drive Average Selling Price (ASP) growth. The demand for the affordable small vehicles in India is expected to witness a recovery in 2025; however, the major markets such as the US and Japan are still struggling to meet… Continue reading Demand for affordable small vehicles in India will recover in 2025: Report
Mersen delays targets by two years on weak materials demand for EVs
“2025 will be a year of transition for Mersen due to a temporary slowdown in the electric vehicle and SiC semiconductor markets,” it said in the statement. Mersen pushed back its financial targets until 2029 on Thursday due to a temporary slowdown in the electric vehicle and silicon carbide semiconductor markets. Many chipmakers exposed to… Continue reading Mersen delays targets by two years on weak materials demand for EVs
Ex-Tata Motors, M&M exec Anurag Dubey to Head Sany India’s new EV biz
Updated On Dec 5, 2024 at 07:33 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Anurag Dubey to Head Sany India’s new EV biz The Indian subsidiary of Sany, one of the world’s largest heavy equipment manufacturers, is learnt to have drawn up a new strategy to tap the Indian heavy… Continue reading Ex-Tata Motors, M&M exec Anurag Dubey to Head Sany India’s new EV biz
Rupee caught between weak underlying tone, soft US data
Updated On Dec 5, 2024 at 02:21 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals “There would have been very few takers if you had said a few weeks back that 85 will be seen,” a currency trader at a bank said. The Indian rupee is likely to open little changed… Continue reading Rupee caught between weak underlying tone, soft US data
China automakers pivot to hybrids for Europe to counter EV tariffs
China, which overtook Japan as the world’s biggest auto exporter last year aided by its dominance in EVs, is stepping up its export drive to address overcapacity at home, analysts say. Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of… Continue reading China automakers pivot to hybrids for Europe to counter EV tariffs
Atishi inaugurates 25 EV charging stns
The new charging stations, managed by Delhi Transco Limited, took the total number of govt-operated charging points to 78, the statement said. Chief minister Atishi and senior Aam Aadmi Party functionary Manish Sisodia inaugurated 25 low-cost EV charging stations in Mayur Vihar Phase-1 on Wednesday. The move is part of Delhi govt’s broader strategy on… Continue reading Atishi inaugurates 25 EV charging stns
JBM, Keppel join hands to devise sustainable solutions for EV ecosystem, energy storage
JBM Group will leverage its expertise in EVs, EV aggregates and key auto systems to jointly develop projects with Keppel focused on electro-mobility, battery energy storage systems (BESS) and e-waste solutions, the company said. JBM Group on Tuesday said it has entered into a strategic partnership with Singapore-based Keppel Ltd to devise sustainable solutions in… Continue reading JBM, Keppel join hands to devise sustainable solutions for EV ecosystem, energy storage
Delhi leads India in EV adoption: FICCI-Yes Bank report
The report highlighted that Delhi has achieved an EV penetration rate of 11.5%, driven by its adoption across multiple segments. The adoption of electric vehicles (EVs) in India is surging, with Delhi emerging as the leader in EV penetration, according to a report by FICCI and Yes Bank. The report highlighted that Delhi has achieved… Continue reading Delhi leads India in EV adoption: FICCI-Yes Bank report
Rupee finds mild relief as yuan nudges higher, portfolio outflows ease
Foreign institutional investors turned net buyers of Indian equities on Tuesday, pouring in about USD 430 million after three sessions of selling. The Indian rupee was a tad stronger on Wednesday, supported by gains in the Chinese yuan and on dwindling pressure from foreign portfolio outflows, which have been a persistent pain point for the… Continue reading Rupee finds mild relief as yuan nudges higher, portfolio outflows ease