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TI Clean Mobility to raise Rs 3000 Cr to fuel its EV platform
TI Clean Mobility Private Limited signed terms with Multiples, State Bank of India and other co-investors to raise capital in the form of Equity and CCPS to Rs 1950 crores. The parent company Tube Investments of India Limited (TII) to invest Rs 750 crore to achieve the total fund raise of Rs 3000 crore. Read more
Essar launches EET to invest $3.6 billion in energy transition in the UK and India
Essar Group announced the formation of Essar Energy Transition (EET) with $2.4 billion investment in blue and green hydrogen, ammonia, biofuels, and decarbonisation of refinery in the UK to reduce industrial emissions in North West England. With this company is to invest $1.2 billion investment in India as well.Read more
AI in manufacturing to be under spotlight at Hannover Messe 2023
The trade fare, Hannover Messe 2023 is happening from 17 to 21 April 2023 at Hanover fairground, Germany. This year’s theme of the event focuses on Artificial Intelligence, Industry 4.0, Carbon Neutral Products, and Hydrogen and Fuel cells. Read more
ELECRAMA: The growth energiser
India, the third-largest producer and consumer of electricity worldwide, has an installed power capacity of 408.71 GW as of October 31, 2022.Read more
Union Minister inaugurates, ‘Towards Panchamrit’ to promote clean fuel
Minister for Heavy Industries Mahendra Nath Pandey inaugurated ‘Towards Panchamrit’—a conference and exposition on MHI schemes, with the view to promote clean energy fuel usage emphasising on five fuels, Hydrogen, Ethanol, Bio Diesel, Gas and Electric Vehicles.Read more
Cummins unveils range of hydrogen technology solutions at Auto Expo 2023
The company also highlighted commercial vehicle industry’s first fuel agnostic platformRead more
Volvo and Eicher showcase future-ready mobility solutions at Auto Expo 2023
Aligned with its vision of smart sustainability, VE Commercial Vehicles (VECV) showcased its expanded EV and natural gas portfolio. Also on show are a range of alternative fuel prototypes, building on VECV’s leadership in driving modernisation in bus and truck transport in India and the developing world.Read more
Green ammonia to propel hydrogen fuel economy
Demand for hydrogen, which has the potential to decarbonise a wide range of heavy industries, is expected to increase fivefold from 2020 to 2050. However, there are a few important limitations to overcome for hydrogen to become competitive. Collin Hamilton shares his views on the future of green hydrogen market and role of ammonia in supporting the hydrogen fuel economy.Read more
ZF and Freudenberg to jointly develop fuel cell drivetrain for CVs
The partners will develop drivetrain technologies initially for trucks, buses and coaches with wider plans for the off-road sector. The first joint fuel cell e-drive solution prototype is expected by 2023.Read more
Ashok Leyland to explore use of Libertine’s technology in CV powertrains
As per the agreement, Ashok Leyland will conduct due diligence on Libertine’s technology and explore the scope for Linear Generator product development and demonstration within its commercial vehicle portfolio.Read more