Under the MoU, both companies will conduct a feasibility study on using Hydrogenious’ technology to store and transport green hydrogen produced in ACME’s projects in Oman and potentially the USA. New Delhi: ACME Group, a leader in renewable energy, has signed a Memorandum of Understanding (MoU) with Hydrogenious LOHC Technologies of Germany to explore creating… Continue reading ACME Group partners with Hydrogenious to unlock hydrogen transport from Oman to Europe
Author: Economic Times of India Online News
Will China flood globe with EVs, green tech? What’s behind latest US-China trade fight
Trump promised to block such imports with new tariffs, but suggested if Biden were reelected it would be a “bloodbath” for the auto industry. China’s burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet Yellen during her five-day visit to… Continue reading Will China flood globe with EVs, green tech? What’s behind latest US-China trade fight
France funds effort to deploy 10,000 EV chargers
EDF announced in February it had teamed up with infrastructure firm Morrison to build nearly 8,000 rapid charging stations in public parking lots between now and 2030. A unit of France’s national development bank said on Monday it had teamed up with an operator of electric vehicle rechargers to finance the deployment of nearly 10,000… Continue reading France funds effort to deploy 10,000 EV chargers
Steelbird records 27% growth in FY24; to launch 20 new helmets this fiscal
Steelbird has over 200 exclusive rider shops helping riders choose their perfect style and also service their helmets. New Delhi: Helmet manufacturer Steelbird recorded revenue growth of 27% at INR 711 crore in 2023-24 compared to the previous fiscal year. It sold more than 8 million units becoming the world’s largest helmet manufacturer. Steelbird is… Continue reading Steelbird records 27% growth in FY24; to launch 20 new helmets this fiscal
Indian road logistics industry revenues to grow at 3%-6% in FY25: ICRA
The growth for road logistics sector in FY2025 is expected to be in the range of 3-6% , owing to the impact on demand from high inflation, high interest rate regime and softconsumer sentiment. New Delhi: ICRA expects the revenues of the Indian road logistics industry to remain range-bound and grow at sedate pace of… Continue reading Indian road logistics industry revenues to grow at 3%-6% in FY25: ICRA
Bangkok motor show reports 28% rise in orders, Toyota leads sales
Chinese car makers were in the spotlight amid the growing challenge to Japanese auto giants that have long dominated Thailand’s vehicle market. Thailand’s Bangkok International Motor Show recorded a 27.5% rise in orders, with Toyota leading sales, while traditional cars still dominated despite electric vehicles gaining pace, its organiser said on Monday. Orders for 53,438… Continue reading Bangkok motor show reports 28% rise in orders, Toyota leads sales
China top EV forum to be held in California in May
With a highly developed, low cost supply chain led by companies such as BYD and Geely, China is a leading global exporter of EVs. New Delhi: China’s top electric vehicle forum, the World New Energy Vehicle Congress (WNEVC) will hold a conference in Sacramento, California from May 16-17, according to a statement from the Chinese… Continue reading China top EV forum to be held in California in May
Auto retail sector posts modest growth of 3.14% YoY in March 2024: FADA
The 3W segment showed an encouraging sales trend hitting an all-time high retail, driven by the growing acceptance of EVs. New Delhi: In March 2024, the Indian Auto Retail sector experienced modest growth of 3.14% YoY, according to the data released by The Federation of Automobile Dealers Associations (FADA) on Monday. FADA President, Manish Raj… Continue reading Auto retail sector posts modest growth of 3.14% YoY in March 2024: FADA
Drunk driving cases record 22% rise from previous year
Motorists go through manual checks by traffic personnel and face breathalyzer tests, during which the drivers are asked to blow into a machine’s pipe to measure the blood alcohol level, or BAC. New Delhi: The latest data released by Delhi Traffic Police suggests that instances of drunk driving have increased by 22% this year compared… Continue reading Drunk driving cases record 22% rise from previous year
Adani to invest INR 2.3 lakh crore in renewable energy, manufacturing capacity
Besides solar manufacturing, ANIL is also doubling capacity to make windmills that generate electricity from wind, to 5 GW in three-and-a-half years, he said. Adani Group will invest about INR 2.3 lakh crore through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a… Continue reading Adani to invest INR 2.3 lakh crore in renewable energy, manufacturing capacity