Ola Electric’s CTO, CMO quit adding to top-level exodus

This add to a long list of senior Ola Group executives who have quit from the Bhavish Aggarwal-led firms, including ride-hailing platform Ola Cabs and AI venture Krutrim, this year. Electric two-wheeler maker Ola Electric‘s chief product and technology officer Suvonil Chatterjee and chief marketing officer Anshul Khandelwal have resigned from their posts, the company… Continue reading Ola Electric’s CTO, CMO quit adding to top-level exodus

What is China’s Jinjiang, the BYD contractor under fire in Brazil?

The unidentified worker said they were shocked by the possibility that they could be sent home, that they wanted to keep their jobs and continue working in Brazil. China’s Jinjiang Group is in the spotlight after Brazil’s labour authorities said workers at a factory it is building for electric vehicle maker BYD were victims of… Continue reading What is China’s Jinjiang, the BYD contractor under fire in Brazil?

50 vehicle owners penalised for traffic rule violation in Patna

The offenders included both local residents and visitors celebrating the Christmas,” he said. City traffic police penalised 50 vehicle owners on Thursday for using unauthorised metal plates with inscriptions identifying them as govt officials, and beacons illegally. The special drive was conducted by the traffic cops across the city on Christmas evening with the aim… Continue reading 50 vehicle owners penalised for traffic rule violation in Patna

Global manufacturing to shift in India’s favour: N Chandrasekaran

Battery manufacturing factories were also launched in Gujarat and Somerset, UK, alongside solar module production in Tamil Nadu. Global supply chains are shifting in the favour of India as more weightage is given to resilience over efficiency, according to Tata Sons chairman N Chandrasekaran. He reiterated that the Tata Group will create five lakh manufacturing… Continue reading Global manufacturing to shift in India’s favour: N Chandrasekaran

Andy Palmer, the "Godfather" of the EVs, tells us why the Chinese EVs have a brain over the western ones

Andy Palmer, known as the “Godfather of EVs” for his role in developing the Nissan Leaf, the world’s first mass-market electric vehicle (EV), is sharing his insight on why Chinese electric vehicles (EVs) are leading the charge in the EV race. Palmer, formerly of Nissan, tells us how China topped the West in the EV… Continue reading Andy Palmer, the "Godfather" of the EVs, tells us why the Chinese EVs have a brain over the western ones

Ethiopia introduces incentives to speed up transition to electric mobility

The expansion of EVs and infrastructure is one of the primary initiatives to establish a sustainable and environmentally friendly transportation system, he said, calling for the meaningful participation of relevant stakeholders in this endeavour. The Ethiopian government has introduced various incentives to encourage the expansion of electric vehicles (EVs), with an ambitious goal of accelerating… Continue reading Ethiopia introduces incentives to speed up transition to electric mobility

‘India-US critical mineral partnership a step forward’

The two sides inked an MoU on critical minerals supply chains in October, with the aim of leveraging their complementary strengths to ensure greater resilience in the critical minerals sector. India‘s MoU with the US on critical minerals will be “a step forward” for their engagement as the scaling up of this will lead to… Continue reading ‘India-US critical mineral partnership a step forward’

Oil prices set for weekly gain on China stimulus optimism

Chinese authorities have agreed to issue 3 trillion yuan (USD 411 billion) worth of special treasury bonds next year, as Beijing ramps up fiscal stimulus to revive a faltering economy. Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China,… Continue reading Oil prices set for weekly gain on China stimulus optimism