“We must be a leader in green hydrogen by 2030,” Macron said in a speech. PARIS: French President Emmanuel Macron said on Tuesday that by 2030 France must be a leader in carbon-free power production, and will build one small modular reactor as well as two megafactories for the production of green hydrogen by then.… Continue reading Macron says France to have mini nuclear reactor, green hydrogen plants by 2030
Author: Economic Times of India Online News
Women taking the wheel at EV companies
Mumbai: As India’s electric vehicle industry gains momentum, it has set the ball rolling for women in leadership roles. This is across EV companies in the private, public and startup domains, say experts. Leading the charge is Sulajja Firodia Motwani, CEO of Kinetic Green whose company specialises in electric three-wheelers. A relatively newer yet dynamic… Continue reading Women taking the wheel at EV companies
PMC wants hike in price cap to buy e-vehicles
Electric Vehicles Pune: The Pune Municipal Corporation (PMC) has demanded a hike in the existing price cap for purchasing electric vehicles for itself and has submitted the request to the state environment department. “The civic body wants to use e-vehicles to reduce pollution. However, the price cap has imposed restrictions on the process. To resolve… Continue reading PMC wants hike in price cap to buy e-vehicles
AMO Mobility plans to raise around USD 200 mn in 3 yrs to fund expansion
Electric mobility startup AMO Mobility Electric mobility startup AMO Mobility plans to raise around USD 200 million (nearly Rs 1,500 crore) in the next three years to fund its expansion, including enhancing production capacity to around 5 lakh electric two-wheelers per annum by 2025, according company founder Sushant Kumar. The company, which sells a range… Continue reading AMO Mobility plans to raise around USD 200 mn in 3 yrs to fund expansion
EV and battery makers target $24 billion for southern U.S. plants
The center of gravity for U.S. auto manufacturing is moving south, with electric vehicle and battery makers planning to spend nearly $24 billion in new factories from Arizona to Georgia. Already announced are the following plants and investments: ARIZONA Startup Lucid Motors has just opened a $300 million assembly plant for electric vehicles in Casa… Continue reading EV and battery makers target $24 billion for southern U.S. plants
Need to re-negotiate FTA with ASEAN to stop misuse by third parties: Piyush Goyal
Commerce and industry minister Piyush Goyal Commerce and industry minister Piyush Goyal on Friday called for a renegotiation of the India-ASEAN free trade agreement (FTA) to prevent its misuse by third parties and pushed for a removal of trade and non-tariff barriers that have hurt Indian exports. ASEAN or Association of Southeast Asian Nations comprises… Continue reading Need to re-negotiate FTA with ASEAN to stop misuse by third parties: Piyush Goyal
German union criticizes Stellantis over use of furlough scheme at Opel plant
Union officials fear that Opel, which is bound by an agreement struck last year not to make any workers in Germany redundant until 2025, is placing Eisenach workers on furlough as a temporary fix that could evolve into a longer-term shutdown. Workers at Opel’s Eisenach plant, which was shut down last week until the end… Continue reading German union criticizes Stellantis over use of furlough scheme at Opel plant
Tata Power plans big, aims for 10,000 charging stations in 5 years
As of now, Tata Power has set up 961 charging stations in the country. There are currently over 70,000 fuel pumps in India that form the foundation of the country’s mobility sector. In a not too distant future when vehicles would run on electricity, how many charging stations would India need? There is no clear… Continue reading Tata Power plans big, aims for 10,000 charging stations in 5 years
EO Charging Unveils Complete Electric Vehicle Fleet Charging Ecosystem
From design to deployment, EO’s fleet solution includes everything a business or government needs to electrify vehicle fleets at scale and at pace. LONDON: EO Charging (“EO”), a leading provider of technology-enabled turnkey solutions for electric vehicle (“EV”) fleets, has unveiled its fleet EV charging ecosystem, the most complete charging infrastructure offering available for car,… Continue reading EO Charging Unveils Complete Electric Vehicle Fleet Charging Ecosystem
Investors argue Musk should repay $9.4 bln to Tesla for SolarCity deal
The investors said Musk, one of the world’s richest people, could also repay the value of the stock to the company. A Delaware judge should order Elon Musk to repay $9.4 billion to Tesla Inc for the benefits he received by pushing the electric vehicle maker in 2016 to buy an ailing solar company he… Continue reading Investors argue Musk should repay $9.4 bln to Tesla for SolarCity deal