World NM: All-New Skoda Kushaq Starts Production in India on MQB-A0-IN Platform001311

Skoda has very little brand recognition in the Indian subcontinent, but the Volkswagen-owned carmaker plans to change that with the Kushaq. Developed specifically for India on a low-cost version of the MQB-A0 platform, the subcompact SUV has just started production in Pune. The first Skoda manufactured locally under the INDIA 2.0 business plan, the Kushaq… Continue reading World NM: All-New Skoda Kushaq Starts Production in India on MQB-A0-IN Platform001311

World NM: Cover Story: China Pushes Hydrogen Energy to Achieve Carbon Goals001310

As part of Beijing’s carbon reduction goals, China’s traditional fossil fuel giants are racing to take the lead in hydrogen energy, cities are making plans to develop it as a clean power source, and automakers are developing hydrogen-driven vehicles. The breakthrough won’t easy as China’s success in the electric vehicle industry chain cannot be simply… Continue reading World NM: Cover Story: China Pushes Hydrogen Energy to Achieve Carbon Goals001310

World NM: India’s auto demand to recover despite Covid-19 second wave: Fitch – ThePrint001309

June 12 (ANI): A less severe economic impact from the pandemic’s second wave and resilient buyer sentiment will support a swift rebound in India’s automotive demand after curbs are eased. Buyers are more optimistic due to improved visibility on a longer-term economic recovery and reversal of pay cuts as corporate spending normalises from 2020. The… Continue reading World NM: India’s auto demand to recover despite Covid-19 second wave: Fitch – ThePrint001309

World NM: S. Korea’s exports jump 40.9 pct in first 10 days of June001308

The country’s outbound shipments stood at US$17.3 billion in the June 1-10 period, compared with $12.3 billion a year earlier. By sector, outbound shipments of memory chips, a key export item, rose 37.5 percent on-year, and those of autos soared 136.9 percent despite global supply shortages of automotive chips. On the back of solid export… Continue reading World NM: S. Korea’s exports jump 40.9 pct in first 10 days of June001308

World NM: Henkel banking on strong demand in China in coming years001307

Henkel, the German industrial and consumer goods manufacturer, will continue to invest and support its partners in China in the coming years, as part of its efforts to bank on the country’s strong demand from food packaging, home improvement to automotive and consumer electronics. The facility is expected to transform Henkel’s current Zhangjiang site into… Continue reading World NM: Henkel banking on strong demand in China in coming years001307

World NM: FM Kuleba discusses renewable energy investment projects with German business001306

Minister of Foreign Affairs of Ukraine Dmytro Kuleba discussed investment projects in the field of renewable energy, including the production and transportation of green hydrogen. Kuleba supported the readiness of the leadership of the German Committee on Eastern European Economic Relations to pay a visit to Ukraine in the second half of 2021. German businesspeople… Continue reading World NM: FM Kuleba discusses renewable energy investment projects with German business001306

World NM: Europe’s first digitalised chip plant opens in Dresden001305

German engineering and technology company Bosch opened a new semiconductor factory, fully networked with 5G mobile technology. The European Commission also plans to launch a European alliance for processors and semiconductor technologies in the coming months to reduce the industry’s dependence on Asian semiconductor manufacturers and attract more investors. The declaration aims above all to… Continue reading World NM: Europe’s first digitalised chip plant opens in Dresden001305

World NM: Envisioning world of green firms001304

Shanghai-based tech giant expects big dividends from net-zero solutions Envision’s plans are a response to the trend in many parts of the world of continually deploying resources to further bring down carbon intensity, enhance the functions of the carbon trading system and make technology breakthroughs in related fields. The country will step up efforts to… Continue reading World NM: Envisioning world of green firms001304

World NM: Skoda Kushaq production starts in India, launch by June-end001303

The Skoda Kushaq’s production has commenced in India with the maiden unit of the upcoming mid-size SUV being rolled out today from the SAVWIPL (Skoda Auto Volkswagen India Pvt Ltd) plant in Chakan, Pune. Built on the India-specific MQB-A0-IN variant of the Volkswagen Group’s MQB-A0 platform, the Skoda Kushaq will rival the likes of the… Continue reading World NM: Skoda Kushaq production starts in India, launch by June-end001303

World NM: JBM, CESL sign MoU to set up electric mobility ecosystem – ThePrint001302

JBM Renewables, part of the 2.2 billion dollar JBM Group, on Monday signed a memorandum of understanding with Convergence Energy Services Ltd (CESL), a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL), for setting up an integrated ecosystem for charging of electric vehicles. As a pilot project, JBM and CESL will work towards creating an… Continue reading World NM: JBM, CESL sign MoU to set up electric mobility ecosystem – ThePrint001302