P. B. Sunil Kumar, CEO of Greaves Finance Greaves Finance, a non-banking financial company and subsidiary of Greaves Cotton, has appointed P. B. Sunil Kumar as its executive director and chief executive officer starting July 3, 2024. Kumar will lead the company’s initiatives to provide customized financing options for electric two-wheeler buyers and drive the… Continue reading Greaves Finance appoints P. B. Sunil Kumar as ED and CEO to Drive sustainable mobility solutions
Author: Economic Times of India Online News
Indian Auto LPG Coalition advocates for cleaner mobility policies
This reduction would align Auto LPG’s GST rate with that of domestic LPG, discourage illegal diversion, and make it more affordable. New Delhi: The Indian Auto LPG Coalition (IAC) has made a formal request to Nitin Gadkari, Union Cabinet Minister for Road Transport & Highways, stressing the urgent need for the promotion and policy inclusion… Continue reading Indian Auto LPG Coalition advocates for cleaner mobility policies
Servotech Power Systems inaugurates grid-connected solar-powered EV Charging Carport
The Solar-Powered EV Charging Carport is established under the KVP project framework. New Delhi: Servotech Power Systems Ltd., in partnership with the National Solar Energy Federation of India (NSEFI), has inaugurated Delhi’s first grid-connected Solar-Powered EV Charging Carport at Hauz Khas Village parking station. This pilot project, a collaboration between NSEFI and the Bundesverband Solarwirtschaft… Continue reading Servotech Power Systems inaugurates grid-connected solar-powered EV Charging Carport
Italian steel plant launches trial to use hydrogen to cut emissions
Earlier in May, Italy, Germany and Austria signed a cooperation deal to develop a hydrogen transportation network from the southern Mediterranean to northern Europe. Italian gas grid operator Snam , steel pipe maker Tenaris and green technology firm Tenova are trialling the use of hydrogen fuel at a Tenaris steel plant in northern Italy in… Continue reading Italian steel plant launches trial to use hydrogen to cut emissions
China’s Xi Jinping greets EU Council president ahead of EV tariffs taking effect
EU trade policy has turned increasingly protective over concerns that China’s production-focused development model could see it flooded with cheap goods as Chinese firms look to step up exports amid weak domestic demand. China’s President Xi Jinping made a congratulatory call on Thursday to incoming European Council President Antonio Costa, Chinese state media said, a… Continue reading China’s Xi Jinping greets EU Council president ahead of EV tariffs taking effect
Marelli Group appoints Kelei Shen as Executive Vice President and President of China
Kelei Shen New Delhi: Marelli, a global mobility technology supplier, announced that Kelei Shen will become Executive Vice President and President China starting July 1, 2024. Shen will drive Marelli’s extensive growth plans in China, focusing on growth, innovation, operational and financial performance, commercial excellence, cross-selling, and employee engagement. Kelei Shen will lead Marelli’s business… Continue reading Marelli Group appoints Kelei Shen as Executive Vice President and President of China
Suzuki launches INR 340 cr investment vehicle Next Bharat Ventures for Indian startups
It will also act as a fund-of-funds (FoF), investing as an LP in other smaller funds. Japanese automotive major Suzuki has launched a venture investing arm — Next Bharat Ventures — with a corpus of INR 340 crore to back early-stage startups. The vehicle will be set up as a subsidiary of Suzuki, which is… Continue reading Suzuki launches INR 340 cr investment vehicle Next Bharat Ventures for Indian startups
Hindustan Zinc committed to partner with India’s auto firms: CEO
Hindustan Zinc has been a long-time upstream partner to the auto industry, providing a diverse metal portfolio for various applications, from car bodies to batteries, chips, additional accessories and corrosion-resistant components. New Delhi: Vedanta group firm Hindustan Zinc on Wednesday said it is committed to partner with the country’s auto companies to “unlock zinc potential”… Continue reading Hindustan Zinc committed to partner with India’s auto firms: CEO
StreetSmartees campaign continues to empower young minds for safer roads
The StreetSmartees campaign is more than just a series of workshops; it is a movement towards a safer future on our roads. New Delhi: Envalior‘s StreetSmartees campaign, in association with ETAuto, reached the vibrant city of Bangalore. The innovative road safety initiative, primarily focused on pre-primary children, is aimed at instilling essential safety habits from… Continue reading StreetSmartees campaign continues to empower young minds for safer roads
Matter Group raises USD 35 mn from US-based Helena, others
“We have onboarded Helena and notable investors (with this fund raise). We are creating accessible, reliable, and high-performance products driven by our technology,” said Mohal Lalbhai, Founder and CEO of Matter Group. EV and energy storage startup Matter Group on Wednesday announced securing USD 35 million in the ongoing Series B funding round led by… Continue reading Matter Group raises USD 35 mn from US-based Helena, others