Finally, it is treated with sulphuric acid, ammonia and an organic solvent, producing sulphates of copper, cobalt, manganese, nickel and lithium. The copper, manganese and lithium are stored as liquids in huge drums, whereas the cobalt and nickel are crystallised before being recovered and re-used. It will take around “three to four years” to hit… Continue reading Mercedes: electric car battery recycling won’t stop mining
Category: US Motoring Press
Suzuki chief snubs prospect of electric or hybrid Jimny
Suzuki’s president has suggested the brand has no plans to build an electric or hybrid version of the Jimny, given that electrifying the 4×4 “would ruin” it. The car has had a strong following in the UK since its launch in 1970, with its fourth generation – and mini reboot – in 2018 rubber stamping… Continue reading Suzuki chief snubs prospect of electric or hybrid Jimny
Suzuki puts future EVs on hold as it “monitors” electric car market
Suzuki has put its future electric cars on hold while it “monitors the market” amid a general slowdown in EV interest, president Toshihiro Suzuki has said. Four electric models were due before the turn of the decade as part of a $35 billion EV investment, starting with the eVitara which was launched today. These models… Continue reading Suzuki puts future EVs on hold as it “monitors” electric car market
Royal Enfield unveils EV brand “Flying Flea”; Plans two launches by early 2026
Eicher Motors-owned Royal Enfield unveiled its electric motorcycle brand Flying Flea on Monday, January 4, 2024 and said that it plans to launch two electric models under the brand by early 2026. Flying Flea’s first two motorcycles, the classic-styled FF-C6 and the scrambler-styled FF-S6, will be in the market by early 2026, with the first… Continue reading Royal Enfield unveils EV brand “Flying Flea”; Plans two launches by early 2026
Royal Enfield unveils EV brand “Flying Flea”; Plans two launches by early 2026
Eicher Motors-owned Royal Enfield unveiled its electric motorcycle brand Flying Flea on Monday, January 4, 2024 and said that it plans to launch two electric models under the brand by early 2026. Flying Flea’s first two motorcycles, the classic-styled FF-C6 and the scrambler-styled FF-S6, will be in the market by early 2026, with the first… Continue reading Royal Enfield unveils EV brand “Flying Flea”; Plans two launches by early 2026
Suzuki to start e Vitara production from India in Spring 2025
Suzuki Motor Corp, which unveiled its first production-ready electric vehicle e Vitara, plans to start production of the vehicle from Maruti Suzuki India’s plant in Gujarat in March-April. Sales of e Vitara are expected to commence around 2025 summer in Europe, India, and Japan. “This is a very important milestone for us as one of… Continue reading Suzuki to start e Vitara production from India in Spring 2025
Škoda India to unveil Kylaq SUV via motion picture premiere on Jio Cinema
Škoda Auto India today said it will unveil its all-new Kylaq SUV through a motion picture directed by Indian filmmaker Rohit Shetty. This marks the first time a car will premiere on an over-the-top (OTT) platform in India, with the cinematic experience scheduled to go live on November 6, 2024, at 12:30 PM on Jio… Continue reading Škoda India to unveil Kylaq SUV via motion picture premiere on Jio Cinema
Daimler India Commercial Vehicles’ profits grow five times to Rs 1,787 crore on record sales in FY24
The impressive surge in volume performance, amplified by a substantial rise in bus sales and a significant tax credit windfall, propelled the net profit of Daimler India Commercial Vehicles (DICV)—the manufacturer of BharatBenz trucks—to ₹1,787 crore (approximately $212 million) for FY24, according to the company’s annual filings with the Registrar of Companies (RoC). This marks the… Continue reading Daimler India Commercial Vehicles’ profits grow five times to Rs 1,787 crore on record sales in FY24
Amara Raja Q2FY25 revenue grows 11.6%, profit before tax 4.9%
Amara Raja Energy & Mobility Ltd., a comprehensive solutions provider in the Energy and Mobility sectors, reported an 11.6% increase in revenue for the second quarter of FY25 compared to the previous year. The company announced a profit before tax of ₹323.97 crore for Q2 FY25, reflecting a growth rate of 4.9% over the same… Continue reading Amara Raja Q2FY25 revenue grows 11.6%, profit before tax 4.9%
Exide Industries Jul-Sep consolidated net profit down 13.7%, revenue up 17.9%
Exide Industries, a major player in the storage battery sector, reported a year-on-year decline of 13.66% in its consolidated net profit for the second quarter of the fiscal year, amounting to ₹233.40 crore compared to ₹270.32 crore in the same period last year. Despite this, the company’s revenue from operations grew by 17.95% year-on-year, reaching… Continue reading Exide Industries Jul-Sep consolidated net profit down 13.7%, revenue up 17.9%