Adani Group announces Rs 2 lakh crore investments in Gujarat over next five years

Gautam Adani, founder and chairman of Adani Group, announced on Wednesday that he is committing over Rs 2 lakh crore worth of investments in Gujarat over the next five years, including in the development of renewable energy supply chain ecosystems such as hydrogen electrolysers, ammonia, solar, and wind power, among others.  “We are constructing the… Continue reading Adani Group announces Rs 2 lakh crore investments in Gujarat over next five years

Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs

Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India.  The loan is for four years.  The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed… Continue reading Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs

Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs

Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India.  The loan is for four years.  The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed… Continue reading Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs

Dhirubhai Ambani Green Energy Giga project to get commissioned in H12024

Mukesh Ambani, Chairman, Reliance Industries, said that the Dhirubhai Ambani Green Energy Giga complex in Jamnagar, Gujarat, is likely to get commissioned in the first half of 2024. “This will generate green material and products for Green, a leading exporter of green products. We are ready to commission it in the second half of 2024… Continue reading Dhirubhai Ambani Green Energy Giga project to get commissioned in H12024

Maruti Suzuki to invest Rs 38,200 crore in Gujarat, to add 1.25 million units in capacity

Toshihiro Suzuki, global CEO of Suzuki Motor Corporation said that Maruti Suzuki will make an investment of Rs 38,200 crore in Gujarat; to make  additional 1.25 million units of production capacity in the state.  Maruti Suzuki will be investing Rs 3300 crore in setting up 2.5 lakh units of electric vehicle production capacity in Suzuki… Continue reading Maruti Suzuki to invest Rs 38,200 crore in Gujarat, to add 1.25 million units in capacity

Yamaha unveils new colour schemes and graphics for 2024 motorcycle lineup

India Yamaha Motor (IYM) has announced refreshing its motorcycle line-up with exciting updates under the banner of its brand campaign, ‘The Call of the Blue.’ The enhancements include vibrant colour choices and cosmetic upgrades for popular models such as the R15 V4 and the FZ series, featuring the FZ-S FI Ver 4.0 DLX, FZ-S FI… Continue reading Yamaha unveils new colour schemes and graphics for 2024 motorcycle lineup

QuantumScape’s solid-state cell achieves 1,000 charging cycles with over 95% capacity left

The solid-state cell is considered a technology of the future and the next big step in battery development. The technology promises longer ranges, shorter charging times and maximum safety. The U.S. company QuantumScape has recently reached an important milestone, which was now confirmed by PowerCo: its solid-state cell has significantly exceeded the requirements in the… Continue reading QuantumScape’s solid-state cell achieves 1,000 charging cycles with over 95% capacity left

QuantumScape’s solid-state cell achieves 1,000 charging cycles with over 95% capacity left

The solid-state cell is considered a technology of the future and the next big step in battery development. The technology promises longer ranges, shorter charging times and maximum safety. The U.S. company QuantumScape has recently reached an important milestone, which was now confirmed by PowerCo: its solid-state cell has significantly exceeded the requirements in the… Continue reading QuantumScape’s solid-state cell achieves 1,000 charging cycles with over 95% capacity left

Lamborghini unveils innovative Telemetry X concept at CES 2024

Automobili Lamborghini has showcased Telemetry X, an innovative ‘track connectivity’ concept that can be applied to the future range of super sports cars produced by the Italian manufacturer. The unveiling took place at the Las Vegas Consumer Electronics Show (CES) at the Accenture Innovation Hub, where Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, commented: “Innovation… Continue reading Lamborghini unveils innovative Telemetry X concept at CES 2024

Hyundai’s air mobility arm showcases flying taxi for 2028 at CES

Hyundai’s air mobility arm Supernal plans to put its new S-A2 aircraft into production in 2028 ahead of what it expects to be a huge increase in demand for electric aircraft as an alternative to taxis in cities. The Supernal S-A2, described as an electrical vertical take-off and landing (eVTOL) aircraft, has been unveiled at… Continue reading Hyundai’s air mobility arm showcases flying taxi for 2028 at CES