BMW Group unveils 4 new vehicles for 2024 including Mini Cooper models and CE 04 Electric Scooter

CE 04 Electric Scooter The BMW Group has unveiled four new vehicles for 2024, which include two Mini Cooper models, a luxury sedan, and an electric scooter, with the launch event held on Wednesday. These introductions include the new 8th generation BMW 5 Series luxury sedan, which has previously been showcased in India. This series… Continue reading BMW Group unveils 4 new vehicles for 2024 including Mini Cooper models and CE 04 Electric Scooter

Hyundai Motor India partners with Charge Zone to expand EV charging network

Hyundai with Charge Zone Hyundai Motor India Limited (HMIL) has entered into a Memorandum of Understanding (MoU) with Charge Zone to enhance its electric vehicle (EV) roadmap in India. Under this partnership, Charge Zone will install DC 60 kW fast chargers across 100 HMIL dealerships. This initiative aligns with the Government of India’s strategies for… Continue reading Hyundai Motor India partners with Charge Zone to expand EV charging network

Deadline to avail Centre’s EV promotion scheme ends July 31

The EVs eligible for incentivisation under EMPS 2024 scheme must be manufactured and registered within the validity period of EMPS 2024 certificate. New Delhi: The government on Tuesday said the last date of its Electric Mobility Promotion Scheme (EMPS) 2024, which aims to provide further impetus to the green mobility and development of electric vehicle… Continue reading Deadline to avail Centre’s EV promotion scheme ends July 31

Delhi High Court quashes summons to Hero Motocorp chairman in foreign currency case

Pawan Munjal The Delhi High Court has quashed a summons issued to Hero Motocorp chairman Pawan Kant Munjal in a case related to foreign currency registered by the Directorate of Revenue Intelligence (DRI). The summons, issued by a trial court on July 1, 2023, was for alleged offences under the Customs Act. Justice Manoj Kumar… Continue reading Delhi High Court quashes summons to Hero Motocorp chairman in foreign currency case

Eco Survey – Holistic plan needed for a green India

This effort helps lay the groundwork for a future that is smarter, greener and more resilient. India stands at the cusp of a transformative opportunity to lead the way in green transition finance for infrastructure. Building future-ready, green infrastructure will require creating synergies across the sectors of infrastructure development. The commitment to achieve net zero… Continue reading Eco Survey – Holistic plan needed for a green India

Government announces support for 3.72 lakh electric vehicles under EMPS 2024

Updated On Jul 24, 2024 at 08:01 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The initiative is expected to provide significant momentum to the green mobility sector and boost the electric vehicle manufacturing ecosystem in the country. Between April and July, up to 3.72 lakh electric vehicles will receive support… Continue reading Government announces support for 3.72 lakh electric vehicles under EMPS 2024

EV sector gets no direct benefits in the Budget, FAME III yet to be finalised

Updated On Jul 23, 2024 at 06:59 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals In various pre-Budget discussions with industry representatives, officials of the ministry of heavy industries have already indicated that subsidising e2w sales may no longer be a policy priority and instead, ebuses and etrucks may see a… Continue reading EV sector gets no direct benefits in the Budget, FAME III yet to be finalised

Budget 2024-25: FM Nirmala Sitharaman unveils comprehensive employment and skilling initiatives

A new centrally sponsored skilling scheme will skill 20 lakh youth over five years. Union Budget 2024-25: Union Budget 2024-25: In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced a series of initiatives focused on employment and skilling as part of the Prime Minister’s package, aiming to boost job creation and enhance the workforce’s… Continue reading Budget 2024-25: FM Nirmala Sitharaman unveils comprehensive employment and skilling initiatives

Coal likely to remain backbone of country’s energy system for next two decades: Eco Survey

Coal, which accounts for 70% of the total electricity generation, is also a critical input in various industries, such as steel, sponge iron, cement, and paper. New Delhi: Coal is expected to continue to be the backbone of the Indian energy system for the next two decades and the phase-down of the dry fuel will… Continue reading Coal likely to remain backbone of country’s energy system for next two decades: Eco Survey

US opens probe into 150,000 Stellantis vehicles over loss of motive power

The NHTSA has received 80 such consumer complaints affecting 2022 RAM 1500 pickup trucks and 2022 Jeep Wagoneer SUV vehicles. The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday that it has opened a preliminary evaluation into about 150,000 Stellantis vehicles over reports of loss of motive power that is causing the engine… Continue reading US opens probe into 150,000 Stellantis vehicles over loss of motive power