Piyush Goyal New Delhi: There is a need for battery swapping facilities to coexist with charging infrastructure to accelerate the adoption of electric vehicles (EVs) in India, Union Minister of Commerce and Industry, Piyush Goyal, said on Friday. Speaking at the consultation meeting on the ‘Development of Battery Charging and Swapping Infrastructure,” co-organised by the… Continue reading EV battery swapping, charging infra should be at every petrol pump, CNG station: Piyush Goyal
Author: Economic Times of India Online News
EV cos agree to end sops after current benefits end: Piyush Goyal
He suggested the EV industry to develop a common app or tool through which people will know the nearest charging stations and other information required for growth of the sector. Electric vehicle (EV) companies have unanimously agreed that they would no longer need subsidies once the existing subsidy regime ends, commerce and industry minister Piyush… Continue reading EV cos agree to end sops after current benefits end: Piyush Goyal
EV players discuss development of battery charging, swapping infra with Piyush Goyal
Besides, an advisor representing electric car maker Tesla and representatives of luxury car makers Mercedes-Benz, BMW, Audi, had also attended the meet. Stakeholders from the electric vehicle (EV) sector held deliberations with Commerce and Industry Minister Piyush Goyal on various issues, including development of battery charging and swapping infrastructure, an official said on Friday. Officials… Continue reading EV players discuss development of battery charging, swapping infra with Piyush Goyal
Greaves Electric joins Ather, Ola on green OEMs’ IPO bandwagon despite market share gap
Greaves Electric has seen its grip of the e2w market loosen over the last two years, as have many other erstwhile leaders. New Delhi: With Greaves Electric Mobility filing a draft red herring prospectus (DRHP) for its INR 1000 crore maiden public issue, the spotlight is back on Indian electric vehicle (EV) OEMs looking for… Continue reading Greaves Electric joins Ather, Ola on green OEMs’ IPO bandwagon despite market share gap
Car rental app Turo grew quietly before ties to Wednesday’s Cybertruck incident
The app functions similarly to Airbnb, where “hosts” can put their cars on the Turo marketplace to be rented by users. For nearly 15 years, Turo, the car rental app investigators say was used in the deadly attack in New Orleans and the vehicle explosion at the Trump International Hotel in Las Vegas, quietly grew… Continue reading Car rental app Turo grew quietly before ties to Wednesday’s Cybertruck incident
Ethiopia to promote EV use in more cities
As part of its push for green transition, the government has announced a ban on imports of vehicles powered by gasoline or diesel. Ethiopia will try to make more Electric Vehicles (EVs) available in cities across the country, the government said on Thursday. A range of initiatives will be launched to replace around 1.5 million… Continue reading Ethiopia to promote EV use in more cities
Could steel, auto sectors thrive without protection? Why it makes sense to invest in solar theme now
Without protection, could India’s steel industry withstand competition from China? Could the auto industry survive without existing barriers? Ravi Dharamshi, CIO, ValueQuest Investment, says in ten years, India will be an energy-exporting country. The shift is happening from fossil fuels to renewable energy, with solar power leading the way. The energy sector is crucial, so… Continue reading Could steel, auto sectors thrive without protection? Why it makes sense to invest in solar theme now
Nitin Gadkari announces INR 12500 crore to improve Delhi’s infrastructure and reduce pollution
He said that this would reduce the pressure of vehicles coming from outside Delhi. Along with reducing the problem of traffic jam, air pollution will also decrease. Union Minister for Road Transport and Highways, Nitin Gadkari announced INR 12500 crore to improve Delhi’s transport network and to reduce pollution as well as congestion in the… Continue reading Nitin Gadkari announces INR 12500 crore to improve Delhi’s infrastructure and reduce pollution
Rupee may dip to all-time low on Fed outlook-spurred dollar rally
“I am a bit surprised that we did not see a bigger pop (on dollar/rupee)” considering the dollar’s up move, he said. The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last… Continue reading Rupee may dip to all-time low on Fed outlook-spurred dollar rally
TVS Motor sales jump 7% in December to 3.2 lakh units
During third quarter of the current financial year, two-wheelers posted a robust growth of 11% with sales of 11.8 lakh units as against sales of 10.6 lakh units in the third quarter of 2023-24. TVS Motor Company recorded monthly sales of 321,687 units in December 2024 with a growth of 7% as against 301,898 units… Continue reading TVS Motor sales jump 7% in December to 3.2 lakh units