EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans

Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state… Continue reading EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans

Raimondo says it’s ‘possible’ for Chinese EVs to one day be on U.S. roads

Philippine Department of Trade and Industry Secretary Alfredo Pascual (R) and US Commerce Secretary Gina Raimondo attend a press conference in the Philippines on March 11, 2024. Jam Sta Rosa | Afp | Getty Images Chinese electric cars can one day drive on U.S. roads if there are enough government controls on software and sensors,… Continue reading Raimondo says it’s ‘possible’ for Chinese EVs to one day be on U.S. roads

GM hires ex-Tesla, Google exec to replace retiring head of manufacturing

General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin for General Motors DETROIT – General Motors’ long-time head of manufacturing… Continue reading GM hires ex-Tesla, Google exec to replace retiring head of manufacturing

Steelbird to launch 70 new helmets in 2024; invest Rs 250 crore in TN

Steelbird Hi-Tech India, a prominent helmet manufacturer, is celebrating its 60th anniversary with ambitious plans for expansion and innovation. As part of its expansion plans, the helmet and accessories maker plans to invest Rs 250 crore in setting up a new manufacturing facility in Hosur, Tamil Nadu, to meet the growing demand from OEMs (Original… Continue reading Steelbird to launch 70 new helmets in 2024; invest Rs 250 crore in TN

Govt rolls out Rs 500 crore program to boost e-2W and e-3W as FAME II nears its end

The Indian government has today unveiled a new Rs 500 crore programme to promote electric two-wheeler and three-wheeler sales. Dubbed the Electric Mobility Promotion Scheme (EMPS), the initiative will run for four months starting April 1. This announcement comes as the previous Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India… Continue reading Govt rolls out Rs 500 crore program to boost e-2W and e-3W as FAME II nears its end

Tata Motors signs MoU with govt of Tamil Nadu, to invest Rs 9000 crore in five years

The MoU was exchanged in the presence of the Chief Minister of Tamil Nadu, Thiru. M.K. Stalin and signed between V Vishnu, IAS, Managing Director & CEO, Guidance, and PB Balaji, Group CFO, Tata Motors. Tata Motors has signed an MoU with the Minister of Tamil Nadu to establish a cutting-edge vehicle manufacturing facility, committing an… Continue reading Tata Motors signs MoU with govt of Tamil Nadu, to invest Rs 9000 crore in five years

SANY India collaborates with J&K Bank to provide financial solutions for construction equipment

SANY India has inked a Memorandum of Understanding (MoU) with J&K Bank, with the objective of fostering substantial growth opportunities in the region while ensuring convenient access to SANY India’s advanced product lineup alongside readily available financial services. This strategic collaboration seeks to capitalise on the strengths of both entities, offering comprehensive financial packages to… Continue reading SANY India collaborates with J&K Bank to provide financial solutions for construction equipment

Blue Energy Motors achieves 1 crore kilometres milestone

Blue Energy Motors has announced that its fleet of environmentally friendly trucks has surpassed the milestone of 1 core kilometres on Indian highways. This achievement marks a major step forward in the company’s mission to transform India’s trucking industry with its fleet of BEM trucks serving some of India’s Fortune 500 companies across various sectors.… Continue reading Blue Energy Motors achieves 1 crore kilometres milestone

Blue Energy Motors achieves 1 crore kilometres milestone

Blue Energy Motors has announced that its fleet of environmentally friendly trucks has surpassed the milestone of 1 core kilometres on Indian highways. This achievement marks a major step forward in the company’s mission to transform India’s trucking industry with its fleet of BEM trucks serving some of India’s Fortune 500 companies across various sectors.… Continue reading Blue Energy Motors achieves 1 crore kilometres milestone

Piaggio unveils Kilo smart-following robot for industrial automation

Piaggio Fast Forward (PFF), the Boston-based branch of Piaggio Group specialising in future mobility and robotics, has unveiled Kilo, its latest innovation in smart-following technology. Presented at Modex in Atlanta, Georgia—the premier supply chain event in the U.S.—Kilo, is a robotic platform capable of carrying up to 130 kg. It integrates advanced sensors and 4D… Continue reading Piaggio unveils Kilo smart-following robot for industrial automation