Only two markets — China and India — are likely to see green hydrogen become cost-competitive, according to BNEF. There, the cleaner fuel will reach a comparable price to gray hydrogen by 2040. Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will… Continue reading Green hydrogen prices will remain stubbornly high for decades
Author: Economic Times of India Online News
TVS Motor shares in focus on completing 39% stake acquisition in DriveX Mobility
TVS Motor Company shares closed flat at INR 2,388.15 on the BSE in the previous trading session. TVS Motor Company stock is likely to grab attention in Tuesday’s trading session after the company announced the completion of its 39.11% stake acquisition in DriveX Mobility. This brings TVS Motor’s total stake in DriveX to 87.38%, making… Continue reading TVS Motor shares in focus on completing 39% stake acquisition in DriveX Mobility
Rupee to hover near record low amid rise in US Treasury yields
The domestic currency hit an all-time for the fifth consecutive trading session, inching past its previous record low of 85.10 hit on Friday. The Indian rupee may open near its all-time low on Tuesday and continue to trade with a mild depreciation bias, pressured by a rise in U.S. bond yields, with traders expecting the… Continue reading Rupee to hover near record low amid rise in US Treasury yields
EV maker Greaves Electric files IPO papers
Updated On Dec 24, 2024 at 09:37 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Greaves Electric plans to invest the IPO proceeds into product research and development and build battery assembly capabilities, with a smaller portion earmarked to boost manufacturing capacity. Electric-vehicle maker Greaves Electric Mobility plans to raise 10… Continue reading EV maker Greaves Electric files IPO papers
Europe’s embattled auto sector plans plant closures and layoffs
French tire maker Michelin will shut two sites in western France, affecting about 1,250 jobs, it said on Nov. 5. Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures… Continue reading Europe’s embattled auto sector plans plant closures and layoffs
Traditional dealerships continue to drive success in India’s expanding auto market
In India, purchasing a car goes beyond mere transaction; it is a deeply personal experience, often tied to aspirations and emotional significance. India’s automotive market stands as a testament to the enduring power of tradition in an era of digital disruption. While many global markets embrace online car buying, Indian consumers remain loyal to the… Continue reading Traditional dealerships continue to drive success in India’s expanding auto market
Urban homes drive pollution as much as vehicles: Studies
Indian homes are among the prime contributors to deteriorating air quality in cities and towns alongside pollution by the usual suspects such as the transportation and power sectors, two studies using different methodologies have documented. While the Berhampur University-IISc study analysed emissions data from four years ago, the IITM-IIT study modelled sectoral contributions through simulations… Continue reading Urban homes drive pollution as much as vehicles: Studies
Delhi pollution: GRAP causing more problems that it solves?
A potential solution is mandating green construction practices rather than outright bans, similar to China’s approach. Delhi’s Graded Response Action Plan (GRAP), designed to combat winter air pollution, is causing more problems than it solves, according to critics, ToI reported on December 23. Several measures, meant to reduce pollution, are disrupting daily life and may… Continue reading Delhi pollution: GRAP causing more problems that it solves?
India to kick off critical minerals mission to bolster energy transition, EV manufacturing
With a series of high-profile roadshows abroad along with plans to acquire critical mineral assets in Australia, India is set to woo international investors and make its mark on the global mining map. India is set to kick off a national mission for the critical and strategic minerals sector as the country looks to propel… Continue reading India to kick off critical minerals mission to bolster energy transition, EV manufacturing
15% rise in electric vehicles in Mumbai in 8 months: Transport dept
In Mumbai, several e-car owners have opted for charging stations in society parking lots as the process to get a new charging point has been streamlined by the power utility and fire department. There has been a 15% rise in electric vehicle (EV) population in Mumbai in the past eight months — from 35,379 to… Continue reading 15% rise in electric vehicles in Mumbai in 8 months: Transport dept