The perception of residual value is low for EVs right now, since there isn’t a strong resale market for EVs yet. This probably sounds obvious, but every single commercial vehicle on the road is acquired on credit. But what you might not have thought about is how behind a simple loan is a vast financial… Continue reading EV financing should be cheaper than ICE financing
Author: Economic Times of India Online News
EV sales soar 40.31% in FY24, two-wheelers lead the charge
The electric two-wheeler (E2W) segment led the charge, selling 1,009,356 units. Sale of electric vehicles in India soared 40.31% in FY2024 to 1,752,406 units, according to a report by JMK Research & Analytics. As per the report, electric two-wheelers (E2Ws) and electric three-wheelers (E3Ws) were the primary drivers, accounting for 94% of all EV sales.… Continue reading EV sales soar 40.31% in FY24, two-wheelers lead the charge
Thefts of charging cables pose yet another obstacle to appeal of electric vehicles
The price of copper is near a record high on global markets, which means criminals stand to collect rising sums of cash from selling the material. Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center… Continue reading Thefts of charging cables pose yet another obstacle to appeal of electric vehicles
Ahmedabad may mandate EV charging in new buildings
This initiative is aligned with the Gujarat Electric Policy 2021, which offers subsidies ranging from INR 20,000 to INR 1.50 lakh for electric vehicles and their charging stations. The Ahmedabad Municipal Corporation (AMC) plans to implement new electric vehicle (EV) charging requirements for upcoming buildings, as reported by the Times of India. The AMC’s goal… Continue reading Ahmedabad may mandate EV charging in new buildings
NHAI to monetise assets with INR 15000 to INR 20000 cr in 2024-25 through InvIT
Historically, units of NHIT were issued for INR 101 per unit in November 2021 and listed on both the Bombay Stock Exchange and the National Stock Exchange. The National Highways Authority of India (NHAI) will monetise road assets worth INR 15,000 – 20,000 crore in the current fiscal year through its infrastructure investment trust the… Continue reading NHAI to monetise assets with INR 15000 to INR 20000 cr in 2024-25 through InvIT
Audio Interview: The Digitalization of Mexico’s Automotive Manufacturing Industry
Ron Hesse speaks with Fernando Ibarra In the 16-minute Audio Interview, Mr. Ibarra discusses these questions: How has the digitalization of the automotive manufacturing industry in Mexico impacted productivity and efficiency? What are some of the major challenges faced by Mexican automotive manufacturers in the digitalization process, and what solutions have been effective? Can you… Continue reading Audio Interview: The Digitalization of Mexico’s Automotive Manufacturing Industry
Kumaraswamy gets charge of Heavy Industries and Steel; emphasises boosting India’s manufacturing on day one
H D Kumaraswamy New Delhi: It is heartening to note that on the day he was appointed the minister for heavy industries and steel, H D Kumaraswamy spoke with such emphasis about strengthening the manufacturing sector. The two-time former Karnataka Chief Minister takes the reins of these ‘manufacturing heavy’ ministries in the third term of… Continue reading Kumaraswamy gets charge of Heavy Industries and Steel; emphasises boosting India’s manufacturing on day one
Passenger Vehicle May sales observes 4.2% Y-o-Y growth with 3,00,795 units, says SIAM
Updated On Jun 11, 2024 at 01:37 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals In May 2024, Passenger Vehicle sales were at 3,47,492 units, Three-wheelers 55,763 units, and Two-wheelers 16,20,084 units. New Delhi: The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in May 2024 was 19,76,674… Continue reading Passenger Vehicle May sales observes 4.2% Y-o-Y growth with 3,00,795 units, says SIAM
Plan In Works For EVs Selling Stored Power Back To Grid
Another official added that the project will also demonstrate how EVs can participate in the power market by storing electricity when prices are low and selling it back during peak hours. New Delhi: To comply with the power department’s directive to find ways to reduce carbon emissions, the power distribution companies (discoms) will explore a… Continue reading Plan In Works For EVs Selling Stored Power Back To Grid
Nitin Gadkari- a go-getter and man behind India’s mega push to road infrastructure
Gadkari is credited with the construction of more than 90,000 km of national highways and 30,000 km of new roads in the country in the last 10 years. Senior BJP leader Nitin Gadkari, popularly referred as the ‘Highway Man of India‘, is known to be a go-getter in whatever work he undertakes. The 67-year-old leader… Continue reading Nitin Gadkari- a go-getter and man behind India’s mega push to road infrastructure