While long-haul heavy-duty transport electrification is still evolving, EVs are proving highly effective for short-distance freight, significantly curbing emissions. India’s fight against climate change extends beyond lofty goals. The EV30@30 initiative, aiming for a 30% share of electric vehicles (EVs) in new sales by 2030, presents a transformative opportunity. Transitioning to EVs isn’t just about… Continue reading Roadmap to EV 30@30: How can India achieve this ambitious target
Author: Economic Times of India Online News
China issues rare earth regulations to further protect domestic supply
It also banned the export of technology to make rare earth magnets, in addition to imposing a ban on technology to extract and separate rare earths. China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the mining, smelting and trade in… Continue reading China issues rare earth regulations to further protect domestic supply
Capture the theme at the right time: Is investment in EV a good long-term bet?
Among 4W, 73,000 units of BOEV and 325,000 units of hybrid vehicles was sold in 2023, accounting for 11% of total 4W sales in CY 2023. Globally, over 250,000 electric vehicles were sold each week in 2023. To put things in perspective, ten years ago in 2013, fewer electric vehicles were sold in a single… Continue reading Capture the theme at the right time: Is investment in EV a good long-term bet?
Revamping National Policy on Electronics to boost manufacturing and exports
To support domestic manufacturing in the electronics subsectors and promote the growth of the domestic capital industry, MeitY has established a working group. The Ministry of Electronics and Information Technology (MeitY) is planning to revise the National Policy on Electronics 2019 (NPE 2019) to rejuvenate India’s electronics manufacturing industry and bolster exports. This revision aims… Continue reading Revamping National Policy on Electronics to boost manufacturing and exports
Aramco to buy 10% stake in Renault-Geely thermal engines venture
Renault CEO Luca de Meo described the deal in a statement as creating a “dream team” that would “reinvent” the future of combustion-engine and hybrid technologies. Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing… Continue reading Aramco to buy 10% stake in Renault-Geely thermal engines venture
In race to regain rare earth glory, Europe falls short on mineral goals
China became dominant in rare earths, a group of 17 minerals, by producing them at lower prices than the West, helped by government support, and often ignoring environmental concerns in a sector that can create toxic waste. Four decades ago, a rare earth processing plant on France’s Atlantic coast was one of the largest in… Continue reading In race to regain rare earth glory, Europe falls short on mineral goals
Mahle bats for biofuels to drive cleaner vehicular emissions in India
The sugarcane industry is a key pillar for production of ethanol and here is where Brazil has optimised this to the hilt. In India, states like Uttar Pradesh, Maharashtra and Karnataka lead the list in sugarcane cultivation along with Tamil Nadu, Odisha, Andhra Pradesh, Gujarat, Goa, Punjab etc. “India cannot afford to have a dogmatic… Continue reading Mahle bats for biofuels to drive cleaner vehicular emissions in India
How rupee went from most to least volatile in Asia
With Indian bonds set to join an important global index this week, the currency’s stability couldn’t have come at a better time, burnishing the appeal of Indian assets for investors. The rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround… Continue reading How rupee went from most to least volatile in Asia
The future is electric: How modern charging solutions are transforming the auto industry
The global electric vehicle market is expanding at an exponential rate. A In an era marked by rapid technological advancements and an increasing emphasis on sustainability, the automotive industry is undergoing a monumental shift. The future is unmistakably electric, with governments and corporations worldwide pivoting towards electric vehicles (EVs) as a solution to combat climate… Continue reading The future is electric: How modern charging solutions are transforming the auto industry
Copper slips to more than two-month low on high stocks and weak demand
“The rise in total exchange copper stocks to over 500,000 tons is not something the market likes when it’s already under pressure from long liquidation,” said Ole Hansen. Copper prices hit their weakest in more than two months on Thursday as more bullish positions were scrapped, inventories kept rising and demand remained lacklustre in top… Continue reading Copper slips to more than two-month low on high stocks and weak demand