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Volvo: Despite fluctuations, EVs to be the future
In India, 27,300 electric cars were sold in the first quarter of 2024-25 with no year-on-year growth, while hybrid car sales increased by 38% to 22,300 units.Read more
The MoRD and MoMSME join hands to empower Lakhpati Didis through several schemes
The SoI will strengthen the partnership between the two ministries to support and elevate SHG Didis in entrepreneurship, leveraging MoMSME's flagship initiatives such as Yeshaswini- Apna Udyam, Apni Pehchaan, Udyam Assist, etc.Read more
NSDCI awards 140 BluPine Energy funded students technician training certificates
With a special focus on diversity and inclusion, 40% of upskilled students in these centres were women.Read more
Waaree Energies Limited appoints Sanjeev Pushkarna as Chief Procurement Officer
Sanjeev Pushkarna’s appointment is expected to head the company towards innovation in the renewable energy ecosystem.Read more
Abhinava Rizel to launch hybrid EV motors for passenger and cargo 3-wheelers
In September 2022, MM Forgings put Rs 158.4 billion for an 88% stake in Abhinava Rizel.Read more
ABB’s PixelPaint chosen by Mahindra to deploy services at EV paint facility
M&M will be the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars. Read more
KEC International revieves new orders worth Rs 10.17 billion in T&D and renewables
The business has also secured orders for EPC project and supply of towers in the Middle East.Read more
Critical EV components to be localised by 2030
Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more
India to receive critical mineral access with Australian FTA; lower emissions
Like Australia, India has signed a trade pact with the four-nation European Free Trade Association (EFTA) and Norway is a key member of that grouping.Read more
India's 45% of EV sales from South India
The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more