Daily News Wrap up: Raft Cosmic EV Unveils ?50 Crore Electric Scooter Plant in Howrah
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Raft Cosmic EV Unveils ?50 Crore Electric Scooter Plant in Howrah
In the Howrah district of West Bengal's Domjur, Raft Cosmic EV, a subsidiary of a firm based in Kolkata, plans to invest INR 50 crore in the construction of a new electric scooter production factory. The plant will have the capacity to produce 12,000 two-wheelers... Read More.
iVOOMi Launches Partner Bonus Program for EV Dealerships in Maharashtra, Tamil Nadu
The new Partner Bonus Programme by iVOOMi, a well-known brand in the electric vehicle industry, is intended to strengthen the dealership network it has in Tamil Nadu and Maharashtra. This program aims to improve dealership support by providing higher profit margins and in-depth technical training,... Read More.
CEAT Launches New Truck Bus Radial Line in Chennai
At its Chennai plant, CEAT has launched a new Truck Bus Radial (TBR) tire production line. In the upcoming year, the new production line is anticipated to be able to produce 1,500 tires per day. The objective of this development is to augment CEAT's production... Read More.
Uber launches its premium ride option, Uber Black
Uber has announced the opening of Uber Black, a premium travel service. This new offering intends to provide a better degree of comfort, convenience, and service in response to the growing demand for luxury mobility solutions. Uber Black employs newer, more luxurious cars to provide... Read More.
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PT PLN Boosts EV Infrastructure via New Partnerships at Sustainability Forum
In order to progress the infrastructure for electric vehicles (EVs), PT PLN (Persero) signed two memorandums of understanding (MoUs) during the 2024 Indonesia International Sustainability Forum (IISF), which was hosted at the Jakarta Convention Center. The MoUs, which were agreed upon at a panel discussion... Read More.
Japan Approves Toyota’s Next-Gen Battery Plans to Boost Production
Toyota Motor Corporation declared that it has received certification under the government's "Supply Assurance Plan for Batteries" from Japan's Ministry of Economy, Trade and Industry (METI) for its intentions to develop and produce next-generation batteries, including performance and all-solid-state batteries. Three sectors are covered by... Read More.
Charging Electric Vehicles: Infrastructure, Speed, and Cost
As electric vehicles (EVs) rapidly become a central part of the global transportation landscape, the need for robust charging infrastructure is more critical than ever. While EV adoption brings numerous benefits—such as reduced greenhouse gas emissions and lower maintenance costs—it also raises important questions about... Read More.
Greener and cleaner mobility is essential for rapid progress: PM Modi
Prior to the 64th annual conference of the Society of Indian Automobile Manufacturers (SIAM), Prime Minister Narendra Modi sent a written letter to the organization's members expressing that the 64th conclave marked an important milestone in SIAM's celebration. "Over the last decade, India's automotive sector... Read More.
India’s EV Market Expected to Hit 1 Crore Units by 2030: Gadkari
According to Union Minister Nitin Gadkari, the Indian market for electric vehicles is predicted to reach the one crore unit annual sales level by 2030, generating five crore jobs. The Minister for Road Transport and Highways, Nitin Gadkari, spoke at the annual convention of the... Read More.