Industry News

“We made good progress on our costs but the weaker-than-expected private EV market has negatively impacted revenues,” CEO Melanie Lane said in a statement. Electric Vehicle charging point provider Pod …

“The RBI appears to now be allowing for more FX flexibility (especially to the upside) to slow the drain on its FX reserves,” Nomura said in a note. The Indian …

Aegis plans to build a total of up to 30 stations by 2030, it said. Britain’s Aegis Energy has secured a 100 million pound (USD 122 million) investment from private …

The GM and UAW lawsuit seeks to recoup benefits that workers ages 66 and older deserved but never received, while the FCA lawsuit seeks compensatory and punitive damages for female …

As per the World Economic Forum, for the world to experience less than 1.5°C of global warming, the automotive industry needs to target around a 50% reduction in absolute carbon …

India announced a new policy – Scheme for Manufacturing Electric Cars (SMEC) – on March 15, 2024, to encourage investment in local manufacturing of high-end EVs. The government is looking …

One of the key highlights was the launch of the advanced F28 Engine, designed by Emre Karazli, Vice-President of the Construction Segment at CNH APAC, highlighted India as a key …

Deepak Shetty, CEO & Managing Director of JCB India, highlighted the company’s dedication to sustainable technology and customer satisfaction. He stated, “Our CEV Stage 5 machines offer 10-15% better fuel …

The new facilities include a Continuous Galvanizing Line (CGL) and a Continuous Galvanizing and Annealing Line (CGAL), both incorporating the technical expertise of ArcelorMittal and Nippon Steel. These lines will …