Egypt has signed a series of memoranda of understanding and framework agreements for the development of green hydrogen over the past two years. Egypt has signed seven memoranda of understanding with international developers in the fields of green hydrogen and renewable energy in the Suez Canal Economic Zone that could lead to total investment worth… Continue reading Egypt signs 7 green hydrogen MoUs worth a potential USD 40 bn
Author: Economic Times of India Online News
IAC asks for level playing field for auto LPG; seeks to place it under 5% GST
Auto LPG can be used in a wide range of vehicles, including cars, taxis and two- wheelers. New Delhi: Andhra Pradesh’s recent reduction of VAT on Natural Gas from 24.5% to 5% has resulted in a major decrease in CNG prices, which is expected to impact other clean automotive fuels like Auto LPG. Following this,… Continue reading IAC asks for level playing field for auto LPG; seeks to place it under 5% GST
EU lawmakers back draft rules on patents for connected cars, telecom equipment
Representative image. EU lawmakers on Wednesday approved draft rules governing patents key to technologies for telecom equipment and connected cars in the face of criticism from Nokia, Ericsson and other patent holders. The draft rules proposed by the European Commission in April last year seek to end costly and lengthy litigation over patents used in… Continue reading EU lawmakers back draft rules on patents for connected cars, telecom equipment
Bridgestone to showcase ‘Fleet Care’ suite of solutions at TMC 2024 in US
The Bridgestone booth will highlight the Bridgestone Fleet Care suite of solutions and demonstrate the added value of pairing digital solutions with premium products to increase safety, productivity, efficiency, and sustainability. Bridgestone Americas (Bridgestone), will return to the Technology & Maintenance Council (TMC) Annual Meeting & Transportation Technology Exhibition during March 4-7, 2024, in New… Continue reading Bridgestone to showcase ‘Fleet Care’ suite of solutions at TMC 2024 in US
US law on domestic abuse should cover carmakers, FCC chair says
Representative image. The chairwoman of the Federal Communications Commission on Wednesday proposed a potential new rule that would subject automakers that sell internet-connected cars to a telecommunications law intended to protect domestic violence survivors. Cases of technology-enabled stalking involving cars are emerging as automakers add ever more sophisticated features, such as location tracking and remote… Continue reading US law on domestic abuse should cover carmakers, FCC chair says
‘Zero fatality corridor’: Crash deaths down by 58.3% on Mumbai-Pune E-way since 2016, says report
The initiative, it stated, focused on comprehensive interventions spanning the 5Es of Road Safety – Enactment, Engineering, Enforcement, Emergency Care and Engagement. The “zero fatality corridor” initiative has led to a 58.3% reduction in road crash fatalities on the Mumbai-Pune Expressway since 2016 and 32% since 2022, according to a report. Describing the reduction as… Continue reading ‘Zero fatality corridor’: Crash deaths down by 58.3% on Mumbai-Pune E-way since 2016, says report
CEO’s Take On 2024: Engineering skill set, enabling policies make India key player in global automotive value chain, says Rajesh Jejurikar
Rajesh Jejurikar, Executive Director & CEO – Auto & Farm Sectors, Mahindra & Mahindra Edited Excerpts:Q: After two consecutive years of swift growth, what is your outlook for 2024? We expect the industry to remain dynamic on account of positive macroeconomic outlook in 2024. SIAM’s industry projection for FY25 is 3-4% for Passenger Vehicles (PVs)… Continue reading CEO’s Take On 2024: Engineering skill set, enabling policies make India key player in global automotive value chain, says Rajesh Jejurikar
Indigenously designed and manufactured modular bridge inducted into Indian Army
The contract for the procurement of the modular bridges was signed with L&T in February 2023. A 46-metre indigenously designed and manufactured modular bridge was inducted into the Indian Army on Tuesday, a move that will bolster the crucial bridging capability of the force’s engineers. The induction ceremony took place at the Manekshaw Centre here… Continue reading Indigenously designed and manufactured modular bridge inducted into Indian Army
Cochin Shipyard shares soar 6% as Modi to inaugurate India’s first hydrogen fuel cell ferry
Representative image. Shares of Cochin Shipyard jumped nearly 6% on Wednesday to the day’s high of INR 901 on the NSE after the company informed about India’s first hydrogen fuel cell ferry which will be inaugurated today by Prime Minister Narendra Modi. Calling it a remarkable day for India’s new technology initiative, Cochin Shipyard in… Continue reading Cochin Shipyard shares soar 6% as Modi to inaugurate India’s first hydrogen fuel cell ferry
Volkswagen Group UK joins forces with Ecobat to recycle EV batteries
Under this latest agreement, Ecobat will collect EV batteries to recycle lithium-ion battery materials. Volkswagen Group United Kingdom Ltd. (VWG UK) has signed an agreement with Ecobat, the global leader in battery recycling, to collect and recycle electric vehicle (EV) batteries. The deal helps VWG UK close the loop to promote a circular energy economy… Continue reading Volkswagen Group UK joins forces with Ecobat to recycle EV batteries