Hanif Qureshi, Joint Secretary, Ministry of Heavy Industries. New Delhi: The newly-unveiled Electric Mobility Promotion Scheme or EMPS would promote the nascent electric vehicle (EV) industry including acceleration in adoption and manufacturing in line with Atmanirbhar Bharat (self-reliant India), a senior official said. “A new scheme has already been launched by the Ministry of Heavy… Continue reading New scheme to boost EV adoption, manufacturing in India: Hanif Qureshi
Author: Economic Times of India Online News
Rich Americans keep high-end RV company rolling along
Demand for the Bowlus surged during the COVID-19 pandemic, along with all RVs. Most U.S. recreational vehicles – those behemoths of the roadway often resembling box cars that accidentally wandered off the rails – roll out of gritty factories in the gray environs of Elkhart, Indiana, and aim to satisfy the wanderlust of largely middle-income… Continue reading Rich Americans keep high-end RV company rolling along
NexGen Energia to invest INR 1,000cr for setting up EV manufacturing unit in J&K
The company has a range of EVs two-wheelers and three-wheelers which is ready for launch. It will eventually start production of electric buses, trucks and cars in the future, it said. Sustainable energy solutions firm NexGen Energia on Monday said it will invest INR 1,000 crore in setting up a manufacturing unit for electric vehicles… Continue reading NexGen Energia to invest INR 1,000cr for setting up EV manufacturing unit in J&K
HCG Group to invest INR 500 cr for Gurugram’s PNG and CNG network expansion
Representative image. New Delhi: HCG Group announced an investment of INR 500 crore to expand the Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) infrastructure in Gurugram. This strategic move aims to provide nearly 100,000 domestic PNG connections in the next year, with a long-term plan to reach around 300,000 households over the next… Continue reading HCG Group to invest INR 500 cr for Gurugram’s PNG and CNG network expansion
Warehouse developers bet on India as companies look beyond China
Companies in the booming e-commerce and manufacturing industries also see India as a hub for exports while looking to boost sales to industries and domestic consumers amid a population of 1.4 billion. Land is getting hard to find in a sprawling industrial park in southern India where workers are scrambling to build modern new warehouses… Continue reading Warehouse developers bet on India as companies look beyond China
Founder of EV maker VinFast launches global charging stations venture
VinFast, which was founded by Vuong in 2017 and debuted on the Nasdaq last year, has said it would expand to at least 50 countries in 2024. The founder of Vietnamese electric vehicle makerVinFast on Monday launched an EV charging stations company, V-Green, which he said would prioritise supporting VinFast vehicles globally. V-Green, of which… Continue reading Founder of EV maker VinFast launches global charging stations venture
ICRA expects 6-8% penetration for E-2Ws, 14-16% for E-3Ws by FY2025
The government’s announcement to offer incentives under a new scheme for e-2Ws and e-3Ws will continue to provide a disruption-free environment for e-2W OEMs. New Delhi: The penetration levels of electric two-wheelers (e-2W) and three-wheelers (e-3W), excluding e-rickshaws, in India are expected to reach 6-8% and 14-16% respectively by the fiscal year 2025, according to… Continue reading ICRA expects 6-8% penetration for E-2Ws, 14-16% for E-3Ws by FY2025
Bans on electric cars and solar panels? It’s not so implausible
Electric vehicles look like being the next front in this conflict. China’s shift from one of the world’s biggest car importers to among its biggest exporters has troubled its trading partners. In a world riven by great-power conflict, economic decoupling, high inflation, and worries that the interests of capital are being put ahead of workers,… Continue reading Bans on electric cars and solar panels? It’s not so implausible
State’s greenhouse gas emission to rise five times by 2070: Report
Representative image. The state’s greenhouse gas emission is projected to increase 5.2 times from the present by 2070, when India targets to achieve net zero emission. The finding has been projected in Bihar State Pollution Control Board’s (BSPCB’s) recently released draft report on ‘climate resilient and low-carbon development pathway’ for the state, prepared in association… Continue reading State’s greenhouse gas emission to rise five times by 2070: Report
Coal PSUs must plan pithead-based thermal projects: Coal Secy
Coal India has signed an agreement with Rajasthan Urja Vikas Nigam Ltd (RUVNL) for a joint venture to set up 4,100 megawatt of power generation capacity in Rajasthan, Meena said. The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost… Continue reading Coal PSUs must plan pithead-based thermal projects: Coal Secy