NASCAR vowed last year to increasingly decarbonize its operations over the next decade with moves such as sourcing 100% renewable energy at its tracks and offices and expanding EV charging infrastructure around its facilities. NASCAR unveiled an all-electric prototype racecar on Saturday and announced an electrification deal with ABB Ltd that it says will advance… Continue reading NASCAR eyes carbon cut with electrification deal, EV prototype
Author: Economic Times of India Online News
Hyundai Motor India Foundation launches ‘Samarth Para-Sports Programme’ for para-athletes
The program focuses on eight key sports categories: Para-Athletics, Para-Swimming, Para-Badminton, Wheelchair Tennis, Para-Archery, Para-Rowing, Para-Canoeing, and Para-Cycling. New Delhi: Hyundai Motor India Foundation has initiated the ‘Samarth Para-Sports Programme‘, enrolling 20 para-athletes for the next three years. This is part of its broader ‘Samarth by Hyundai’ initiative, conducted in collaboration with the GoSports Foundation.… Continue reading Hyundai Motor India Foundation launches ‘Samarth Para-Sports Programme’ for para-athletes
Bosch Global Software Technologies collaborate with GMR group for investing 10% stake in smart metering projects
BGSW will leverage its IoT and connected products expertise to create a robust system architecture that connects the smart meters to cloud and IT infrastructure. New Delhi: Bosch Global Software Technologies (BGSW) and GMR Group have partnered through a Special Purpose Vehicles (SPVs) arrangement to initiate a smart metering program in Agra, Varanasi, and Prayagraj.… Continue reading Bosch Global Software Technologies collaborate with GMR group for investing 10% stake in smart metering projects
Used commercial truck price accelerated in June 2024
Overall, the automotive and logistics sectors experienced a mixed performance with some areas showing declines and others exhibiting growth. New Delhi: The July 2024 edition of the Shriram Mobility Bulletin, released today, provides data on the automobile and logistics sector. Motor car sales declined by 9%, and fuel consumption for petrol and diesel dropped by… Continue reading Used commercial truck price accelerated in June 2024
Tata Motors Group global wholesales up 2% Y-o-Y with 3,29,847 units sold in Q1 FY25
For commercial vehicles under Tata Motors and Tata Daewoo, global wholesales in Q1 FY25 reached 93,410 units, marking a 6% rise over Q1 FY24, the company said in a media release. New Delhi: Tata Motors Group today released its global wholesales data reporting a 2% hike in Q1FY25 (Y-o-Y). Tata Motors Group reported global wholesales… Continue reading Tata Motors Group global wholesales up 2% Y-o-Y with 3,29,847 units sold in Q1 FY25
Rupee aided by growing Fed rate cut hopes, yuan slip may limit gains
The rupee is likely to “trend sideways around 83.45 with a slightly positive bias”, a foreign exchange trader at a private bank said. The Indian rupee is likely to nudge higher on Monday, supported by a rise in expectations that the U.S. Federal Reserve may begin to ease policy rates in September but weakness in… Continue reading Rupee aided by growing Fed rate cut hopes, yuan slip may limit gains
Changes likely in India’s new EV policy, may benefit legacy car companies
Updated On Jul 8, 2024 at 08:11 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals About half a dozen carmakers such as Volkswagen-Skoda, Hyundai-Kia and VinFast have expressed interest in the new policy, the Scheme for Manufacturing of Electric Cars (SMEC), the people said. New Delhi: India is likely to make… Continue reading Changes likely in India’s new EV policy, may benefit legacy car companies
India’s coal import rises 5% to 52 MT in April-May
Reddy had said that 10 years ago there was coal shortage in the country which resulted in electricity shortage. But in the last 10 years there has been sufficient power availability, he said. India’s coal import rose 5.3% to 52.29 million tonnes (MT) in the first two months of the ongoing fiscal as against the… Continue reading India’s coal import rises 5% to 52 MT in April-May
How country is accelerating toward a green transportation future
The government has been proactive in introducing policies and incentives to support green transportation. India is making significant strides in its quest for sustainable transportation, as the government and private sector ramp up efforts to promote green mobility solutions. From electric vehicles (EVs) to public transit innovations, the country’s green transportation initiatives are gaining momentum,… Continue reading How country is accelerating toward a green transportation future
Delhi transport minister directs strict action against car dealers over delay in giving RCs
The minister also has plans to hold a meeting with the dealers next week over the issue. New Delhi: Delhi Transport Minister Kailash Gahlot has directed the department officials to take strict action, including suspension of their licence, against any car dealer if they do not hand over the registration certificate to the private car… Continue reading Delhi transport minister directs strict action against car dealers over delay in giving RCs