Due to poor focus on the research related to the extraction of 20 strategic metals that include 17 Rare Earth Elements (REE) along with Nickel, Cobalt and Lithium in the Engineering colleges of the country, India has reported no significant advancement in this vital domain. Engineering students in the country are not proactively pursuing Masters… Continue reading Research in extraction and usage of Rare Earth Elements should become a part of regular Engineering curriculum
Author: Economic Times of India Online News
Exclusive: Ola Electric Future Factory project head quits; 7th senior-level exit in 6 months
Nagi Reddy Sattigari New Delhi: The man behind the setting up of Ola Electric’s future factory and head of construction Nagi Reddy Sattigari has quit the company, sources aware of the matter told ETAuto. Reddy who quit on Friday is likely to join as Chief Operating Officer of a construction and facade fabrication company, Alufit… Continue reading Exclusive: Ola Electric Future Factory project head quits; 7th senior-level exit in 6 months
Biden plans to attend Detroit auto show
By David Shepardson WASHINGTON: President Joe Biden said on Friday he plans to attend the Detroit auto show later this month as his administration touts a rising number of investments in electric vehicles and battery manufacturing. “I’ll be there. I’m a car guy – as you kind of noticed,” Biden said at an event. The… Continue reading Biden plans to attend Detroit auto show
Country aims at self-reliant capacity, export of batteries for EVs: Minister
Mahendra Nath Pandey, Union Minster Pune: Union minister of heavy industries, Mahendranath Pandey, on Friday said that the Centre was trying to increase India’s capacity of manufacturing lithium-ion batteries and promoting the use of e-vehicles (EVs). “Our target is to fulfil the need of batteries for our auto industries by indigenous manufacturing. After self-reliance on… Continue reading Country aims at self-reliant capacity, export of batteries for EVs: Minister
What to watch as commodities markets brace for hits to supply
Supply issues in commodities markets will return to the fore in September, after prices edged lower last month as central banks stepped up the fight against inflation. For the energy sector, a crucial OPEC+ meeting at the start of the week could decide the near-term fate of oil prices, while the global gas industry gathers… Continue reading What to watch as commodities markets brace for hits to supply
India plans to become green hydrogen giant to cut energy imports
Green hydrogen is widely expected to play a major role in decarbonizing heavy industries, including oil refineries, steel mills and fertilizer plants. India’s current output of the fuel is very low and comes from a handful of pilot projects. India is planning a massive expansion of green hydrogen production to curb its dependence on energy… Continue reading India plans to become green hydrogen giant to cut energy imports
Deadline for localisation reporting under FAME-II extended
The FAME-II policy stipulates a certain level of localisation in India, but companies have found ways around the law to avail of the subsidy, experts said. The Ministry of Heavy Industries has extended the deadline to September 30 for automakers to digitally record domestic value addition, for availing of government subsidy for electric and hybrid… Continue reading Deadline for localisation reporting under FAME-II extended
Self-driving tech firm Aurora mulls sale to Apple or Microsoft
Aurora Innovation Inc Chief Executive Chris Urmson recently outlined several options for the self-driving tech firm to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp, Bloomberg News reported on Friday. Many electric-vehicle and self-driving startups that had raised cash easily through IPOs and mergers with blank-check firms during the… Continue reading Self-driving tech firm Aurora mulls sale to Apple or Microsoft
Posco and Greenko partner for green H2 production
Greenko is right partner for green hydrogen and Ammonia, Posco said. Korean steel maker Posco Holdings has partnered with Greenko ZeroC (GZC), a subsidiary of Greenko Group and John Cockerill, for supply of green hydrogen/ammonia to Posco Holdings and joint production and export of green hydrogen/ammonia in export oriented special economic zones. The partnership will… Continue reading Posco and Greenko partner for green H2 production
Auto Sales in August 2022: Buoyed by festive season, vehicle dispatches grow across segments
Representative Image New Delhi: August brings a sense of joy across the country, as it is also synonymous with the beginning of the festive season across the states of India. In August 2021, the country was slowly moving out of the COVID-induced lockdown challenges, but the vehicle demand-supply balance was unequal. The long-standing semiconductor shortages… Continue reading Auto Sales in August 2022: Buoyed by festive season, vehicle dispatches grow across segments