ETSCLC 2024: The conclave concludes with industry leaders unite together to shape the future of India’s logistics sector

The West Chapter of the Supply Chain & Logistics Conclave, scheduled to be held in Mumbai in March 2025 was also announced. New Delhi: The 4th edition of the Economic Times Supply Chain & Logistics Conclave 2024 concluded successfully at the Hyatt Regency, New Delhi, bringing together over 200 senior executives, policymakers, and industry leaders.… Continue reading ETSCLC 2024: The conclave concludes with industry leaders unite together to shape the future of India’s logistics sector

EVs are leading the way for safer two-wheelers in India

Ather’s FallSafeTM feature cuts off power supply to the motor, thus preventing the scooter from accelerating further and causing any injuries to the rider. According to the Road Accidents in India 2022 report published by the Ministry of Road Transport and Highways of India, data shows that nearly 45% of all road fatalities in India… Continue reading EVs are leading the way for safer two-wheelers in India

Audio Interview: India’s Budget: Key Highlights and Specific Announcements on the Automotive Sector

Ron Hesse speaks with Krishna Barad In the 10-minute Audio Interview, Mr. Barad discusses these questions: What are the key highlights of India’s new Budget? What is the impact on customs legislation? Can you provide a specific analysis and highlights? What are your take-aways from the Budget? [embedded content] Published On Aug 13, 2024 at… Continue reading Audio Interview: India’s Budget: Key Highlights and Specific Announcements on the Automotive Sector

Alliance with American player for African market and new products, part of newly- funded Kinetic Green’s growth strategy

Kinetic Green plans to scale up monthly production from the current 3,000 units, to 4,000 next month, and 5,000 in October. The target is to touch 8,000 units by December, or “give or take one month”. Collaboration is increasingly becoming the name of the game in the automotive industry. In yet another example, EV maker… Continue reading Alliance with American player for African market and new products, part of newly- funded Kinetic Green’s growth strategy

World Biofuel Day 2024: Focus on India’s role in sustainable energy transition

H.E. Kenneth Félix Haczynski da Nóbrega, Ambassador of Brazil, pointed out the alignment between Brazil’s ethanol expertise and India’s decarbonization efforts, noting that collaboration between the two nations sets a global example in the energy transition. The Society of Indian Automobile Manufacturers (SIAM) held its 3rd International Conference on World Biofuel Day 2024 in New… Continue reading World Biofuel Day 2024: Focus on India’s role in sustainable energy transition

Copper slips as investors assess economic uncertainty

U.S. will release its consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2%. Copper prices opened the week on a softer note as macro-economic uncertainty persisted and investors waited for more clues on demand outlook of the metal.… Continue reading Copper slips as investors assess economic uncertainty

Terra Charge joins with Smartworks to set up EV charging hubs at Noida, Gurugram Coworking premises

This collaboration represents a step forward in promoting sustainable transportation options in India, aligning with Terra Charge’s commitment to advancing global sustainability goals. Terra Charge has partnered with Smartworks Tech Solution Pvt. Ltd. to install electric vehicle (EV) charging hubs at Smartworks Golfview Towers in Gurugram and Smartworks Corporate Park in Noida. This collaboration aims… Continue reading Terra Charge joins with Smartworks to set up EV charging hubs at Noida, Gurugram Coworking premises

Kinetic Green raises USD 25 mn from Greater Pacific Capital

Updated On Aug 12, 2024 at 01:30 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Kinetic Green E-Luna Kinetic Green, a leading manufacturer of Electric Vehicles (EVs), has secured a USD 25 million investment from Greater Pacific Capital (GPC), a global private equity firm, as part of an overall targeted Series… Continue reading Kinetic Green raises USD 25 mn from Greater Pacific Capital

South Korea holds emergency meeting as EV fires stir consumer fear

Early this month, Kia Corp’s electric crossover EV6 with South Korean battery maker SK On’s batteries also caught fire in a parking lot, fire authorities said. South Korean officials met on Monday to discuss electric vehicle safety and whether to require car firms to disclose battery brands amid growing consumer concern after an EV blaze… Continue reading South Korea holds emergency meeting as EV fires stir consumer fear

Rupee to open flat; recent underperformance not a concern, say analysts

“The rupee’s recent performance is testament not to a lack of investor confidence but to the degree of control that the RBI exerts over the exchange rate these days,” Capital Economics said in a note. Rupee is likely to start the week little changed amid mostly rangebound Asian peers and a central bank that, for… Continue reading Rupee to open flat; recent underperformance not a concern, say analysts