Recent reports have forecast electric vehicle penetration in India to grow from 1% in 2023 to 10-15% in 2030. This projected growth can be attributed not only to the heightened consumer awareness around sustainable transportation but also to pivotal policy changes and government backing. For example, in 2019, India saw a remarkable surge in EV… Continue reading GST disparity: why EV battery costs continue to slow down adoption
Author: Autocar_Professional India Online News
GST disparity: why EV battery costs continue to slow down adoption
Recent reports have forecast electric vehicle penetration in India to grow from 1% in 2023 to 10-15% in 2030. This projected growth can be attributed not only to the heightened consumer awareness around sustainable transportation but also to pivotal policy changes and government backing. For example, in 2019, India saw a remarkable surge in EV… Continue reading GST disparity: why EV battery costs continue to slow down adoption
GST disparity: why EV battery costs continue to slow down adoption
Recent reports have forecast electric vehicle penetration in India to grow from 1% in 2023 to 10-15% in 2030. This projected growth can be attributed not only to the heightened consumer awareness around sustainable transportation but also to pivotal policy changes and government backing. For example, in 2019, India saw a remarkable surge in EV… Continue reading GST disparity: why EV battery costs continue to slow down adoption
Ola Electric converts to Public Ltd Co ahead of its IPO filing
As Ola Electric gears up to get listed on the exchanges in the coming months, the firm has undertaken a corporate restructuring to convert itself from a private limited company to a public company, as per regulatory filings. The conversion of a private limited company into a public company is a mandatory step for a… Continue reading Ola Electric converts to Public Ltd Co ahead of its IPO filing
Volvo Cars shares drop to record low as Geely trims stake: Report
Shares of Swedish automaker Volvo Cars (VOLCARb.ST) fell as much as 14% to a record low on Friday after its majority shareholder, China’s Geely (0175.HK), sold a small part of its stake at a deep discount to the previous day’s closing price, Reuters noted. The sale of the 3.4% stake leaves Geely with a holding… Continue reading Volvo Cars shares drop to record low as Geely trims stake: Report
Bhavish Aggarwal on TIME 100 Climate list
Bhavish Aggarwal, Founder and CEO, Ola, has been named by TIME in its inaugural TIME100 Climate list, recognising the 100 most innovative leaders driving business climate action. Referring to Bhavish’s inclusion in the list, TIME mentioned, “India is thought to be the world’s most populous country, and likely the most vital to transition to sustainable… Continue reading Bhavish Aggarwal on TIME 100 Climate list
Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics
GreenLine Mobility Solutions, an LNG-powered heavy trucking logistics company, officially deployed its LNG-powered trucks to Hindustan Zinc, a Vedanta Group company. In its commitment to sustainability and environmental responsibility, Hindustan Zinc has chosen Essar’s green mobility solutions company, GreenLine, as its sustainable logistics partner. GreenLine is investing Rs 200 crore to deploy LNG-powered trucks for… Continue reading Hindustan Zinc partners with GreenLine for the deployment of LNG-Powered trucks for logistics
India’s Altmin and YLB, Bolivia sign partnership agreement for Lithium and C-LFP technology
YLB, The National Strategic Public Company for Bolivian Lithium Deposits, and Altmin Private Limited, a Hyderabad based Battery active materials manufacturing company, have officially signed a strategic agreement to advance partnership for Lithium, C-LFP technology. The agreement outlines the collaboration on the development of raw materials supply chain and production of cathode active materials (CAMs)… Continue reading India’s Altmin and YLB, Bolivia sign partnership agreement for Lithium and C-LFP technology
Honda launches CB350 at Rs 2 lakh
Having teased a new bike recently, Honda has now added a third model to its 350cc line-up to take on the Royal Enfield Classic 350. Simply called the CB350, it bears an uncanny resemblance to the RE, but is powered by the same engine and underpinned by the same chassis as the H’ness CB350 and CB350RS. This means that you… Continue reading Honda launches CB350 at Rs 2 lakh
Continental’s Radar Vision Parking tech named CES 2024 Innovation Award Honoree
Continental’s Radar Vision Parking was named as a CES 2024 Innovation Award Honoree under the product category Vehicle Tech & Advanced Mobility. Continental has now been selected for a CES Innovation Award for eight consecutive years. The Innovation Awards program is an annual competition honoring outstanding design and engineering in consumer technology products. The program recognises… Continue reading Continental’s Radar Vision Parking tech named CES 2024 Innovation Award Honoree