Oben Electric set to begin Oben Rorr deliveries in July

Oben Electric is set to start deliveries of its performance electric motorcycle, Oben Rorr, in the first week of July 2023. The EV maker recently opened its first experience centre in HSR Layout, Bengaluru, and has a distribution network in major Indian cities and plans to meet the demand of 21,000 pre-orders by scaling manufacturing… Continue reading Oben Electric set to begin Oben Rorr deliveries in July

Oben Electric set to begin Oben Rorr deliveries in July

Oben Electric is set to start deliveries of its performance electric motorcycle, Oben Rorr, in the first week of July 2023. The EV maker recently opened its first experience centre in HSR Layout, Bengaluru, and has a distribution network in major Indian cities and plans to meet the demand of 21,000 pre-orders by scaling manufacturing… Continue reading Oben Electric set to begin Oben Rorr deliveries in July

CNG gains ground in India as EVs face challenges

Once the fuel of choice for taxis and auto-rickshaws in India, CNG which saw a rise in prices in recent years had fallen out of favour with the simultaneous stabilisation of diesel and petrol prices. However, a report by Nuvama Institutional Equities suggests that CNG is once again in competition with traditional fuels, thanks to the… Continue reading CNG gains ground in India as EVs face challenges

CNG gains ground in India as EVs face challenges

Once the fuel of choice for taxis and auto-rickshaws in India, CNG which saw a rise in prices in recent years had fallen out of favour with the simultaneous stabilisation of diesel and petrol prices. However, a report by Nuvama Institutional Equities suggests that CNG is once again in competition with traditional fuels, thanks to the… Continue reading CNG gains ground in India as EVs face challenges

Rs 40,000 crore being spent on accident-prone sights to reduce road accidents: Nitin Gadkari: ANI

Union Minister of Road and Transport Highways, Nitin Gadkari said that the government is spending Rs 40,000 crore for removing black spots, or accident-prone sights, on roads, in an interview with ANI. He added that around five lakh road accidents are reported annually in the country and most people who lose their lives are typically… Continue reading Rs 40,000 crore being spent on accident-prone sights to reduce road accidents: Nitin Gadkari: ANI

Stellantis invests in Norway’s Kuniko for supply of low-carbon nickel and cobalt sulphate

Stellantis and Kuniko Ltd today announced the signing of a binding offtake term sheet agreement securing a 35% future production offtake of nickel sulphate and cobalt sulphate from Kuniko’s Norwegian exploration projects for a term of nine years. In addition, Stellantis agreed to purchase 5.0 million euros  in new equity in Kuniko, giving it a… Continue reading Stellantis invests in Norway’s Kuniko for supply of low-carbon nickel and cobalt sulphate

Stellantis invests in Norway’s Kuniko for supply of low-carbon nickel and cobalt sulphate

Stellantis and Kuniko Ltd today announced the signing of a binding offtake term sheet agreement securing a 35% future production offtake of nickel sulphate and cobalt sulphate from Kuniko’s Norwegian exploration projects for a term of nine years. In addition, Stellantis agreed to purchase 5.0 million euros  in new equity in Kuniko, giving it a… Continue reading Stellantis invests in Norway’s Kuniko for supply of low-carbon nickel and cobalt sulphate

Stellantis invests in Norway’s Kuniko for supply of low-carbon nickel and cobalt sulphate

Stellantis and Kuniko Ltd today announced the signing of a binding offtake term sheet agreement securing a 35% future production offtake of nickel sulphate and cobalt sulphate from Kuniko’s Norwegian exploration projects for a term of nine years. In addition, Stellantis agreed to purchase 5.0 million euros  in new equity in Kuniko, giving it a… Continue reading Stellantis invests in Norway’s Kuniko for supply of low-carbon nickel and cobalt sulphate

Tesla is Europe’s biggest market share winner in May 2023

Electric carmaker Tesla continues its accelerated drive in Europe. As per the new vehicle sales data for 28 European markets released by JATO Dynamics, new vehicle registrations totalled 1,116,472 units in May 2023, an 18% year-on-year increase (May 2022: 943,435 units). This takes the year-to-date total to 5.3 million units, up by 17%. As per… Continue reading Tesla is Europe’s biggest market share winner in May 2023

Yamaha to merge with its motor electronics subsidiary

Yamaha Motor Co has announced today that it had begun to consider that it will merge with its consolidated subsidiary Yamaha Motor Electronics Co (YEJP). YEJP develops, manufactures, and sells electrical components for motorcycles, outboard motors, electrically power-assisted bicycles, and other products. The merger will have Yamaha Motor as the surviving entity and is targeted… Continue reading Yamaha to merge with its motor electronics subsidiary