The group would cut 3,500 jobs in its car software division by 2027, with about half the losses coming in Germany. Germany’s Bosch said Friday it planned to cut thousands of jobs in its automotive businesses as car suppliers struggle to manage the difficult transition from combustion engines to electric vehicles. Some 5,500 jobs would… Continue reading Bosch plans thousands more cuts amid weak EV demand
Author: Economic Times of India Online News
GRAP-IV measures to continue for three more days in Delhi-NCR
As per the GRAP-IV restrictions imposed by the Commission for Air Quality Management, the entry of trucks to the NCR is prohibited to combat air pollution. The Supreme Court Friday ordered that GRAP-IV, the fourth stage of anti-pollution measures in effect for the National Capital Region, will remain in operation for the next 72 hours.… Continue reading GRAP-IV measures to continue for three more days in Delhi-NCR
India EV Fast Charging Summit highlights need for investment in charging infrastructure
The reliability of power supply from DISCOMS (distribution companies) emerged as a critical factor in the success of India’s EV adoption goals. The India EV Fast Charging Summit, organised by the India Energy Storage Alliance (IESA), took place in New Delhi to address the pressing need for increased investment in India’s EV charging infrastructure. With… Continue reading India EV Fast Charging Summit highlights need for investment in charging infrastructure
Ford to cut 14% of European jobs, blaming EV shift
Berlin ended EV subsidies in December last year. EV sales in Germany in the first nine months of this year were down 28.6%. Ford said on Wednesday it would cut around 14% of its European workforce, blaming significant losses in recent years compounded by weak demand for electric vehicles, a lack of government support for… Continue reading Ford to cut 14% of European jobs, blaming EV shift
European car sales flat in October, EVs gain ground, says ACEA
“This is helping registration figures stabilise and shouldn’t be mistaken as an indication of market recovery”, he added. New car sales in Europe were flat in October, after falling for two consecutive months, industry data showed on Thursday, while the transition to fully electric or hybrid models gained ground in the month. An uptick in… Continue reading European car sales flat in October, EVs gain ground, says ACEA
Experts call for public-private investment to accelerate EV infrastructure
The summit also addressed challenges related to power supply reliability. Shiraz Khanna, CFO of Exicom, noted, “Improving transformer and grid infrastructure is essential for expanding EV adoption beyond urban areas into rural regions.” New Delhi: With over 4 million electric vehicles (EVs) sold in India, the focus has now shifted to accelerating EV adoption by… Continue reading Experts call for public-private investment to accelerate EV infrastructure
Overcoming design challenges in fast EV charging infrastructure
The Indian government is encouraging the development of modular charging stations that can be upgraded easily as new technologies emerge. As electric vehicles (EVs) gain momentum worldwide, countries are increasingly prioritising sustainable energy and government initiatives to support EV adoption. In India, the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme aims… Continue reading Overcoming design challenges in fast EV charging infrastructure
Nissan to cut or transfer about 1,000 jobs in Thailand
The struggling Japanese carmaker has said that it would cut 9,000 jobs worldwide after posting a worse-than-expected July-September quarter earnings. In the United States, about 1,000 staff are leaving Nissan by the end of this year by accepting early retirement packages. Nissan Motor will cut or transfer about 1,000 jobs in Thailand by autumn 2025… Continue reading Nissan to cut or transfer about 1,000 jobs in Thailand
Transport assets worth USD 400 bn in India exposed to climate hazards: Report
According to the report, in South Asia transport assets worth approximately USD 575 billion are exposed to climate hazards as of 2022, posing risks to a sector that contributes four to eight per cent of the region’s GDP. New Delhi, Transport assets worth approximately USD 575 billion in South Asia, including USD 400 billion in… Continue reading Transport assets worth USD 400 bn in India exposed to climate hazards: Report
VW union signals strikes in December but talks continue
Other than posing questions on the plan put forward by unions to save 1.5 billion euros (USD 1.6 billion) through measures including reduced working hours and forgoing bonuses, management did not put forward new proposals of their own, unions said. Talks however will continue on Dec. 9. Go to Source