Of the total 78.67 lakh passenger journeys recorded, the highest was on Yellow Line at 20.9 lakh, followed by Blue Line at 20.8 lakh. Yellow and Blue lines are the busiest lines in the DMRC network. New Delhi: Delhi Metro created a new record on Monday by registering the highest passenger journeys at 78.67 lakh.… Continue reading Amid rise in pollution, Delhi Metro sets record with 78 lakh passenger journeys
Author: Economic Times of India Online News
Public procurement norms may be tweaked to aid makers under PLI
India has in put place PLI schemes for 14 sectors to increase local production of mobiles, automobiles, electronics components and pharmaceuticals among others. New Delhi: The government is examining tweaking its public procurement norms to aid manufacturers under the production-linked incentive (PLI) schemes. The government is assessing the idea to offer the benefit of deemed… Continue reading Public procurement norms may be tweaked to aid makers under PLI
PG Electroplast shares soar 15% on EV and battery assembly venture
Spiro, meanwhile, will be responsible for the research and development, marketing, sale, and distribution of the EV products manufactured by PG Technoplast. Shares of PG Electroplast today rallied 15% to their new 52-week high of Rs 718.35 on the BSE after the company’s wholly-owned subsidiary PG Technoplast has signed an agreement with Spiro Mobility for… Continue reading PG Electroplast shares soar 15% on EV and battery assembly venture
For Piaggio, India marks peak stability in Asia business
India is also a key hub for Piaggio’s commercial vehicles and the company had actually kickstarted its second innings with cargo three-wheelers. New Delhi: Italian automaker, Piaggio has indicated in its latest results that India continues to be a stable market for its two-wheeler and commercial vehicle operations. The company has had its operations in… Continue reading For Piaggio, India marks peak stability in Asia business
Audio Interview: Sustainability efforts in the global automotive industry
Ron Hesse speaks with Tom Salisbury In the 9-minute Audio Interview, Mr. Salisbury discusses these questions: • What are international OEMs and suppliers’ targets for reducing carbon emissions in vehicle manufacturing and throughout the global supply chain? • What steps are being taken to reduce the environmental footprint of the global automotive supply chain? •… Continue reading Audio Interview: Sustainability efforts in the global automotive industry
autoX ‘best of 2024’ awards winners revealed: These are the top-10 machines of the year
(Winners of the autoX awards. These 10 machines are the best of 2024) What is the autoX best of 2024?The annual autoX Mega Test is conducted to select the top-ten machines launched in the past year. All machines launched in the past twelve months in India are tested to near destruction to choose the most… Continue reading autoX ‘best of 2024’ awards winners revealed: These are the top-10 machines of the year
Stellantis CEO says will adapt to U.S. market under Trump
Stellantis’ will adapt to changes in the U.S. car market expected under a Trump government, CEO Carlos Tavares said on Monday, with a platform that can offer electric, hybrid or gasoline versions of its models. Stellantis‘ will adapt to changes in the U.S. car market expected under a Trump government, CEO Carlos Tavares said on… Continue reading Stellantis CEO says will adapt to U.S. market under Trump
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
The company also named Chairman Thomas Werner as executive chairman and said its board was conducting a search for a permanent CEO. Chipmaker Wolfspeed said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges from slowing demand for electric vehicles, sending its shares up about 6%. The Durham,… Continue reading Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
Steel companies may see hiked demand, better margins in Q3FY25: Centrum report
The average LME aluminium price declined by 5.5 per cent QoQ to USD2,382/tonne, and the average zinc price declined by 2 per cent QoQ to USD2,779/tonne. New Delhi : Steel companies may see improved demand and better margins in quarter three of the current fiscal year, according to a report by Centrum. The report expects… Continue reading Steel companies may see hiked demand, better margins in Q3FY25: Centrum report
EVs face ‘weight penalty’, need for a holistic, intelligent engineering approach
This calls for a holistic, intelligent approach combining frugal engineering and lightweighting, with a focus on optimising vehicle architecture, topology, material selection, design, manufacturing, and electrical systems. EV manufacturers have been addressing range anxiety with larger battery packs, and building consumer confidence through advanced technology and features, steadily enhancing vehicle capabilities. While this evolution has… Continue reading EVs face ‘weight penalty’, need for a holistic, intelligent engineering approach