By 2030, the Indian automobile industry will see an overall electric vehicle (EV) adoption rate of over 30%. However, EV adoption for passenger vehicles is likely to be only 10% by the end of the period, amounting to only 5% of total EV sales. The EV segment is expected to see sales of 10 million… Continue reading 30% of India’s auto market to be EVs, only 5% of volumes from electric PVs by ‘30: Report
Author: Economic Times of India Online News
Law to reward person sending pics of wrongly parked vehicle in offing: Gadkari
Union minister Nitin Gadkari Soon, a person sending photograph of a wrongly parked vehicle may get a reward of Rs 500 in case the fine works out to be Rs 1,000, Union Road Transport and Highways Minister Nitin Gadkari said on Thursday. Addressing an event here, Gadkari, who is known for his frank views, said… Continue reading Law to reward person sending pics of wrongly parked vehicle in offing: Gadkari
Global port congestion, high shipping rates to last into 2023
Spot chartering rates have held firm so far this year, with supply chain disruptions and port congestion affecting ships globally, particularly in the United States and China. SINGAPORE: Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers to switch… Continue reading Global port congestion, high shipping rates to last into 2023
Proposed reforms to WTO will hurt developing nations: India
With no substantial outcome at sight, the WTO secretariat on Wednesday announced that the ministerial would be extended by a day, till June 16, even as hectic parleys are expected to continue all throughout the night. India on Wednesday expressed concern that some suggestions on reforming the World Trade Organization (WTO) could give rise to… Continue reading Proposed reforms to WTO will hurt developing nations: India
Green transition in India not fast enough, experts
Green transition New Delhi: India has been taking steps to curb air pollution but the transition to a green economy is not fast enough, experts said on Wednesday, calling on the government to adopt a proactive approach to reduce emissions. The comments came a day after a study by a US-based research institute said that… Continue reading Green transition in India not fast enough, experts
FPI outflow tops Rs 2L cr, over double of 2018 high
According to a leading debt fund manager, the FPI outflow could continue for a few more months, at least till the time there is clarity about how far the US Fed will move to tighten liquidity in the US. Mumbai: Net foreign fund outflow from India in 2022 has crossed the Rs 2-lakh-crore mark, the… Continue reading FPI outflow tops Rs 2L cr, over double of 2018 high
Micelio Mobility and NSRCEL, IIM Bangalore signed an MoU to help empower clean mobility startups in India
Representative Image Micelio Mobility has signed an MoU with NSRCEL, the incubation hub at IIM to become their e-mobility ecosystem partner. Together, they will focus on three areas: Policy – helping startups navigate regulations and propose streamlined policies to the government; Technology – providing startups with access to state-of-the art testing facilities and a community… Continue reading Micelio Mobility and NSRCEL, IIM Bangalore signed an MoU to help empower clean mobility startups in India
goEgoNetwork sets up its first fast EV charging park in Pune
EV charging start-up, goEgoNetwork recently sets up its first fast EV charging park on Mumbai-Bangalore Highway in Pune. The 24-hour EV charging park comprises two 60kW DC fast-charging stations that can charge 4 vehicles at a time. The EV charging park will support the charging of EVs of all makes currently available in the Indian… Continue reading goEgoNetwork sets up its first fast EV charging park in Pune
Audio Interview: Global Risks – Why Good Risk Management Practices are Essential for the Automotive Industry
Collier has worked on a number of topics, including logistics management, technology development, strategic planning, supply chain management, and risk analysis. Mr. Zachary Collier is president of Collier Research Systems and Assistant Professor of Management at Radford University. With over 10 years of consulting experience specializing in modeling complex decision problems, he has worked on… Continue reading Audio Interview: Global Risks – Why Good Risk Management Practices are Essential for the Automotive Industry
World’s central banks got it wrong, and economies pay the price
Even after central banks recognized they got their inflation calls wrong last year, they’ve continued to flub their policy guidance, threatening greater damage to their credibility, roiling markets and undermining the pandemic recovery. The Federal Reserve is now expected to hike interest rates by 75 basis points Wednesday, just weeks after Chair Jerome Powell and… Continue reading World’s central banks got it wrong, and economies pay the price