The electric vehicle (EV) market is booming – electric passenger car sales increased by 186 per cent in 2020 and enjoyed a record year in 2021. It’s predictedthat74 per cent of new cars sold in North America will be electric by 2040. Similarly, the UK has set a benchmark towards achieving 100 per cent of… Continue reading Opinion: 3 ways retail stores could benefit from having EV-charging stations at their sites
Author: Economic Times of India Online News
India needs $15 billion funding to set up 15 GW hydrogen capacity by 2030: V K Saraswat
India will need a funding of USD 15 billion to set up 15 GW (gigawatt) of green hydrogen capacity by 2030, NITI Aayog Member V K Saraswat said on Thursday. He was speaking at a conference ‘India@2030: A Roadmap for Aatmanirbhar Bharat in Renewable Energy’ organised by CII here, a statement said. “India will require… Continue reading India needs $15 billion funding to set up 15 GW hydrogen capacity by 2030: V K Saraswat
Delhi RWAs slam plan to ban BS-IV diesel vehicles if AQI breaches 450-mark
Several resident welfare associations (RWAs) in New Delhi on Thursday lashed out at the Commission for Air Quality Management (CAQM) over its new plan to ban BS-IV four-wheeler diesel vehicles in Delhi if the air quality index (AQI) crosses 450. “This is a ridiculous policy. When there already is a policy for pollution under control… Continue reading Delhi RWAs slam plan to ban BS-IV diesel vehicles if AQI breaches 450-mark
Magenta Mobility to deploy EVs for Amazon India in Hyderabad
Integrated electric mobility and charging solutions firm Magenta Mobility on Thursday announced its collaboration with Amazon India to deploy electric vehicles fleet and charging facilities in Hyderabad. The tie-up, under which it will deploy electric three and four-wheelers for its delivery partners, marks the company’s formal entry into the Telangana capital, Magenta Mobility said in… Continue reading Magenta Mobility to deploy EVs for Amazon India in Hyderabad
India will lead Asia Pacific region with 7.3% growth this year: S&P
Representative Image NEW DELHI: India is likely to lead the Asia Pacific region with 7.3% growth this year, after an 8.7% increase in 2021 as the pandemic eases and economic activities recover, said Standard and Poor’s (S&P) on Thursday. Apart from India, other key nations in the Asia Pacific like China, Hong Kong, Indonesia, Malaysia,… Continue reading India will lead Asia Pacific region with 7.3% growth this year: S&P
Electric highway between Delhi, Mumbai with overhead EV charging lines! Nitin Gadkari reveals plans
Electric highway between Delhi, Mumbai with overhead EV charging lines! Nitin Gadkari reveals plans Nitin Gadkari, Union Minister for Road Transport and Highways, Nitin Gadkari recently said that the government is planning to make an electric highway between Delhi and Mumbai. He also urged heavy vehicle owners to use alternative fuels, such as ethanol, methanol… Continue reading Electric highway between Delhi, Mumbai with overhead EV charging lines! Nitin Gadkari reveals plans
Emerging nations warn high energy costs could threaten emissions targets
Indonesia and India, among the world’s largest coal producers and users, have committed to reaching net-zero emissions by 2060 and 2070 respectively. Indonesia and India on Thursday underscored a call by emerging nations for more climate change financing, warning that rising energy prices due to the Ukraine war would make it difficult for countries to… Continue reading Emerging nations warn high energy costs could threaten emissions targets
Realty developer Migsun ties up with ElectriVa for EV charging stations across projects
Realtydeveloper Migsun has tied up with electric vehicle charging provider ElectriVa for installation, operation and maintenance of electric vehicle charging stations at three projects in Greater Noida and Ghaziabad. ElectriVa will invest in Migsun Roof, Raj Nagar Extension, Migsun Wynne, Greater Noida and Migsun Green Mansion, Greater Noida. “There has been an increasing in demand… Continue reading Realty developer Migsun ties up with ElectriVa for EV charging stations across projects
COLUMN: China’s sluggish commodity imports set to improve, but risks abound
China‘s imports of most major commodities were unabashedly weak in June, but the soft outcome is more of a history lesson than a pointer to future demand in the world’s biggest buyer of natural resources. Crude oil imports slumped to a near four-year low in June, coming in at 8.72 million barrels per day (bpd),… Continue reading COLUMN: China’s sluggish commodity imports set to improve, but risks abound
Rupee hits life low for fourth straight day as dollar strengthens
NEW DELHI: The rupee on Thursday hit a fresh low against the dollar, as the latter strengthened against key global currencies, following inflation data released in the US overnight. Hitting a fresh low for the fourth day, the domestic currency touched 79.83 against the US dollar. Data released overnight showed US CPI inflation came in… Continue reading Rupee hits life low for fourth straight day as dollar strengthens