June auto sales preview: Chip supplies improve, PV wholesales likely to benefit

Due to the improvement in semiconductor chip supply, passenger vehicles (PVs) sales may have benefitted in the month of June in what could turn out to be the best ever June for wholesales, analysts say. Demand trends for PVs have remained resilient despite the price increase undertaken due to pent-up demand. However, the waiting period… Continue reading June auto sales preview: Chip supplies improve, PV wholesales likely to benefit

Australia prioritizes reducing emissions and cheaper EVs

Australia‘s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper, a minister said on Wednesday. A bill will be introduced to commit… Continue reading Australia prioritizes reducing emissions and cheaper EVs

Bulging warehouses, 28,000 idle containers herald new supply woe

Public attention has waned two years into the crisis that disrupted global supply chains, giving the impression that everything is back to normal. On the ground, the US’s busiest port complex is still battling bottlenecks across the board. Responsible for 42% of all containerized trade with Asia, the US’s largest hubs of Los Angeles and… Continue reading Bulging warehouses, 28,000 idle containers herald new supply woe

Lack of ‘basic safety systems’ behind EV fires, says probe panel

Electric two-wheelers involved in recent fire incidents did not even have ‘basic safety systems’, an expert panel formed to investigate the accidents has found, prompting the government to seek corrective mechanisms from and warn of legal action against their manufacturers. The expert committee found there was no ‘venting mechanism’ for overheated cells to release energy… Continue reading Lack of ‘basic safety systems’ behind EV fires, says probe panel

Analysts forecast U.S. vehicle shortages as supply chain woes persist

Edmunds said second-quarter U.S. vehicle sales will be higher than in the first quarter, but will still trail last year’s depressed volume. Cox Automotive on Tuesday lowered its U.S. auto sales forecast for 2022, as analysts at both Cox and Carmax-owned Edmunds.com said continued supply chain disruptions will leave dealers short of new vehicles for… Continue reading Analysts forecast U.S. vehicle shortages as supply chain woes persist

Nitin Gadkari urges road makers to plan safer highways

Union Minister of Road, Transport and Highway Nitin Gadkari A large number of deaths on Indian highways could be an outcome of poor planning that urgently needs to be addressed according to Road Transport Minister Nitin Gadkari. Speaking at the innovation and excellence in road construction with National Highways Excellence Awards (NHEA) 2021, Gadkari spoke… Continue reading Nitin Gadkari urges road makers to plan safer highways

goEgoNetwork to install EV charging stations at VITS-Kamats Group hotels

Pune-based EV charging infra startup goEgoNetwork will install charging stations at the VITS-Kamats Group hotels across the country under an initial pact, a statement said on Tuesday. The charging stations are equipped to charge all electric vehicles across brands currently on the road and are accessible and usable via the goME app, which provides EV… Continue reading goEgoNetwork to install EV charging stations at VITS-Kamats Group hotels

Renault Group, Atos launch ID@scale for large-scale data collection for manufacturing cos.

New Delhi:Renault Group and Atos on Tuesday launched ID@scale (Industrial Data @ Scale), a new service for industrial data collection to support manufacturing companies in their digital journey towards Industry 4.0. “ID@S” (Industrial Data @ Scale) will allow manufacturers to collect and structure data from industrial equipment at scale to improve operational excellence and product… Continue reading Renault Group, Atos launch ID@scale for large-scale data collection for manufacturing cos.

Siemens to invest in Volkswagen’s N.American charging network

German industrial giant Siemens AG is investing more than $100 million in Volkswagen AG’s Electrify America unit, becoming the first outside investor in the North American network of electric vehicle charging stations. Including new funds from its parent Volkswagen, the Electrify America unit would receive a total injection of $450 million, the companies said. The… Continue reading Siemens to invest in Volkswagen’s N.American charging network

India lags in AI research activities; needs to equal China on supercomputing capabilities, says Niti Aayog’s Kant

NITI Aayog CEO Amitabh Kant Government think tank Niti Aayog‘s outgoing chief executive Amitabh Kant on Tuesday said the country lags in artificial intelligence research activities, and also needs to elevate its supercomputing capabilities to those possessed by China. Speaking at an Internet and Mobile Association of India (IAMAI) event virtually, Kant said Niti Aayog… Continue reading India lags in AI research activities; needs to equal China on supercomputing capabilities, says Niti Aayog’s Kant