In South Korea, Hyundai Motor Co. and Kia Corp.’s moves toward electrification are provoking similar anxieties in that country’s highly active and organized labor movement. The threat to jobs caused by the electric vehicle transition isn’t just a hot-button issue in the US, where a presidential election campaign is in full swing. In Japan, the… Continue reading How one of the world’s strongest car unions is dealing with EV job losses
Author: Economic Times of India Online News
Bajaj Auto domestic sales rise 8% to 2,16,451 units in June
Domestic sales, including commercial vehicles, saw an 8% increase, with 2,16,451 units sold last month compared to 1,99,983 in the same month last year. New Delhi: Bajaj Auto reported a 5% year-on-year increase in total vehicle wholesales, including exports, reaching 3,58,477 units in June. This marks a rise from the 3,40,981 two-wheelers and commercial vehicles… Continue reading Bajaj Auto domestic sales rise 8% to 2,16,451 units in June
Israeli company sets up first wireless EV charging road in Norway
The tests will also involve subjecting the charging system to the severe winter conditions of Trondheim to prove its resilience and effectiveness in the unique climate of this northern area. Israeli hi-tech company Electreon Wireless installed the first wireless charging road in Norway, allowing electric vehicles to charge while in motion, the company reported to… Continue reading Israeli company sets up first wireless EV charging road in Norway
Over 2,500 violators booked till June 15 this year for driving in incorrect lane in Delhi
Additionally, the Delhi Traffic Police conducted an analysis of the top 10 traffic circles with the highest number of challans issued in 2024, they said. The Delhi Traffic Police booked more than 2,500 violators for driving in the incorrect lane till June 15 this year, 250% higher than the last year’s challans, officials said on… Continue reading Over 2,500 violators booked till June 15 this year for driving in incorrect lane in Delhi
Smart City EV launch in capital continues to face hurdles despite poll code being lifted
These vehicles, operated by Kadamba Transport Corporation, were designated to serve various routes within Panaji. The highly anticipated launch of Smart City Electric Vehicles (EVs) in Panaji, slated for release following the lifting of the model code of conduct, now faces uncertainty. The project, aimed at revolutionising public transport in the capital city, is currently… Continue reading Smart City EV launch in capital continues to face hurdles despite poll code being lifted
Roadmap to EV 30@30: How can India achieve this ambitious target
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
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