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
Author: Economic Times of India Online News
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
How financing is turning out to be a bigger roadblock for EVs
The difference in financing terms is important. Financiers and dealers acknowledge, unofficially, that EV financing is lower than ICE loans even within the same automotive brand. Buying a car or two wheeler on loan is easy these days with attractive and plenty of financing options. But the case is not the same when it comes… Continue reading How financing is turning out to be a bigger roadblock for EVs
Sokudo Electric launches new helmet line for riders
Sokudo ladies helmet New Delhi: Sokudo Electric India has introduced a new line of full-face helmets in black, catering to both male and female riders. Priced at INR 949 for men and INR 1,017 for women, these ISI-certified helmets are designed to prioritize rider safety and comfort. The company’s goal is to capture 2-3% of… Continue reading Sokudo Electric launches new helmet line for riders
Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024
Projections for FY25 indicate an anticipated growth rate of 11% for two-wheelers, 5% for both PVs and CVs, and 4% for tractors. Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to Anand Rathi report. Analysts… Continue reading Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024
Nitin Gadkari endorses NHAI plan on Global Navigation Satellite System-based tolling
Nitin Gadkari To provide a seamless and barrier-free tolling experience for motorists on national highways, NHAI subsidiary Indian Highways Management Company Limited (IHMCL) organised a day-long international workshop in New Delhi on Tuesday to discuss the rolling out of a Global Navigation Satellite System (GNSS) based Electronic Toll Collection in India. Union Minister for Road… Continue reading Nitin Gadkari endorses NHAI plan on Global Navigation Satellite System-based tolling
Rupee to focus on index inclusion, currency futures expiry
Meanwhile, the rupee is expected to be supported all through this week amid expectations of dollar inflows from India’s inclusion into the JPMorgan emerging market debt index on June 28. The Indian rupee is expected to open largely unchanged on Wednesday, focussing on the expiry of monthly currency futures and the upcoming inclusion of Indian… Continue reading Rupee to focus on index inclusion, currency futures expiry