Category: News Type

Three vehicle-scrapping units to come up in Gujarat

Ahmedabad: The state transport department has sanctioned three registered vehicle scrapping facilities (RVSFs) and automated testing units for the ‘end-of-life’ vehicles. Two facilities will be set up in Kheda and one in Bhavnagar. Estimated to cost around Rs 17 crore per facility, each will come up on a one-acre land. The vehicle scrapping policy will… Continue reading Three vehicle-scrapping units to come up in Gujarat

Global central banks ramp up inflation fight

Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and seeps into a broad array of goods and services, setting the global economy up for a lurch toward more expensive credit, lower stock and bond values and – potentially – a sharp pullback in economic activity. It… Continue reading Global central banks ramp up inflation fight

Supply chains inching back to normal brace for headwinds of softer demand

Not everything is on the mend, particularly in Europe, which is seeing extended shipping problems given the region’s proximity to the fighting in Ukraine. Rock guitarist Jack White, who extended his “Supply Chain Issues Tour” into October, might want to name his band’s next road trip after a different villain. That’s because supply strains, while… Continue reading Supply chains inching back to normal brace for headwinds of softer demand

Green hydrogen demand in steel, mobility, natural gas sectors to require $78-bn funding in India

New Delhi: If India achieves the target of 5 MTPA green hydrogen production, then it would save about Rs 40,000 crore on annual energy import bills, said Hemant Mallya, senior programme lead, and Deepak Yadav, programme associate, Council on Energy, Environment, and Water (CEEW) in an exclusive interview with ETEnergyworld. Edited excerpts: How much capital… Continue reading Green hydrogen demand in steel, mobility, natural gas sectors to require $78-bn funding in India

Johnson Matthey announces new hydrogen gigafactory to accelerate the transition to a decarbonised transport economy

– JM invests in capacity to support customer growth, backed by customer demand – UK government through the Automotive Transformation Fund and Advanced Propulsion Centre (APC) today announce their support for JM’s hydrogen gigafactory LONDON, July 18, 2022 /PRNewswire/ — Johnson Matthey (JM), a global leader in sustainable technologies, announces that it is building a £80… Continue reading Johnson Matthey announces new hydrogen gigafactory to accelerate the transition to a decarbonised transport economy

Honda readies new ZR-V for launch in Japan

Honda Motor Co today released initial information on the ZR-V, an all-new SUV scheduled to go on sale in Japan later this year, with pre-orders opening in September 2022. The hybrid model of the all-new ZR-V will be the first Honda SUV to be equipped with the Sports e:HEV that combines a 2.0-litre direct injection… Continue reading Honda readies new ZR-V for launch in Japan

TOPSY-TURVY WORLD

Till a few weeks ago, the world was focused on Russia and China — the former for its inexplicable aggression unleashed on Ukraine while the latter was in the news for the stringent lockdown imposed in Shanghai.  Today, the war continues except that Russia does not seem to show any signs of vulnerability despite being… Continue reading TOPSY-TURVY WORLD

Suzuki to pull out of MotoGP racing and EWC at end of 2022

Suzuki is to terminate its participation in MotoGP as well as its factory participation in the World Endurance Championship at the end of the 2022 season. (Image: Suzuki-motogp.com) Suzuki Motor Corporation and MotoGP rights company Dorna have come to an agreement to terminate Suzuki’s participation in the MotoGP championship, which has been the pinnacle of… Continue reading Suzuki to pull out of MotoGP racing and EWC at end of 2022

Ashok Leyland targets long-haul truckers with new Ecomet Star 1815

Ashok Leyland has launched the Ecomet Star 1815 truck in 17.5 T GVW category. As per the company, the truck has best-in-class payload capacity and delivers superior mileage. The Ecomet Star 1815 is targeted at long haul customers seeking higher payload and a faster turnaround time. Sanjeev Kumar, Head, MHCV, Ashok Leyland, said, “Ashok Leyland… Continue reading Ashok Leyland targets long-haul truckers with new Ecomet Star 1815