Electric-vehicle startup Fisker said on Wednesday it was cutting the prices of its 2023 electric Ocean SUV model, signaling an attempt by the cash-strapped firm to drum up demand and ease concerns regarding its uncertain future. The company slashed the price tag of the entry level version – Ocean Sport – by around 36%, or […]
IndiGo aircraft grazes stationary Air India Express plane at Kolkata Airport, DGCA orders probe
At the Kolkata airport, an IndiGo aircraft grazed the wings of an Air India Express plane on Wednesday. This resulted in both aircraft sustaining damage to their wings, according to officials. The Directorate General of Civil Aviation (DGCA) has de-rostered the IndiGo pilots involved in the accident and has launched a probe. The accident took […]
‘Go First lenders yet to decide on bids, airline’s revival likely to be delayed’
MUMBAI: A revival of Go First Airlines is set to get prolonged with creditors to the bankrupt airline likely to seek a third extension to the resolution timeline beyond the April 4 deadline even as formal negotiations with two final bidders are yet to commence. Both bidders had increased their bids earlier this month after […]
Air India fires pilot caught drunk after operating overseas flight
Air India has decided to terminate the employment of a pilot who tested positive for alcohol consumption following the operation of an international flight returning to India. In a firm response, the Tata group-owned airline is also in the process of lodging a First Information Report (FIR) against the captain who flew a Phuket-Delhi flight […]
NCRTC investigation finds lapses by operational staff
A National Capital Region Transport Corporation (NCRTC) probe into a derailment on the Rs 30,000-crore regional rapid rail project has found lapses by operational staff. Officials aware of the development said the derailment took place at Duhai depot in Uttar Pradesh earlier this month. “Few observations have been noted by a high-level enquiry committee of […]
Volvo Car just made its last-ever diesel vehicle; last XC90 SUV headed to museum
Volvo Car AB produced its last automobile with a diesel engine this week, ending an era for the manufacturer that plans to only make electric vehicles by 2030. The XC90 sport utility vehicle rolled off the line at the Torslanda plant in Sweden on Tuesday evening. Volvo Car is phasing out the technology just as […]
Tata Motors unit, HPCL join hands to install 5,000 vehicle charging stations by 2024-end
Tata Passenger Electric Mobility on Wednesday said it has tied up with Hindustan Petroleum Corporation Ltd to set up 5,000 public charging stations across the country by the end of the year. The collaboration will leverage Hindustan Petroleum Corporation Ltd (HPCL’s) fuel station network and company’s insights from over 1.2 lakh Tata EVs on Indian […]
Maruti Suzuki sees EV penetration rising dramatically from next year
Maruti Suzuki is planning to launch its first electric car next year. Meanwhile, a senior executive of the automaker today revealed the company’s EV plan at the Times Now summit. Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki India, said that EV penetration is expected to reach about 5 percent next year […]
Nissan will invest in Renault’s Ampere in pursuit of global EV roadmap: CEO
Japan’s Nissan Motor will invest in Renault’s electric vehicle (EV) unit Ampere even after its listing plans fell through, while also evaluating its partnership with Honda Motor to further build its global EV expansion. “We want to be a global (EV) player in the world,” Nissan CEO Makoto Uchida told reporters during a press briefing […]
Can smartphone giant Xiaomi take on EV titans Tesla and BYD?
Xiaomi Corp.’s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle Thursday, as it attempts to muscle into an unfamiliar and intensely competitive market. It will start selling its SU7 series in China, the result of a $10 billion foray into the world’s largest EV market […]
India’s electric two wheeler industry faces uncertainty as subsidies decline
New Delhi: India’s electric two wheeler (e2w) growth story has taken a turn. As the subsidy regime begins to unravel, OEMs now focus on launching cheaper models, with fewer features and a shorter range. From April 1, the purchase subsidy available on sale of e2w will be reduced further (second cut after the one done […]
From waste to wealth: The economics of battery refurbishing
Over the recent years, India has experienced a significant rise in environmental concerns, owing primarily to global warming, pollution, waste accumulation and climate change. Waste generation, in particular, has become a major issue, with India ranking at the forefront of waste-producing nations. The accumulated waste often finds its way into landfills and water bodies or […]