Category: Power

Ola has responded to the recent electric scooter fire incident in Pune, stating that their investigation has revealed that aftermarket parts used in the scooter caused a short circuit, resulting in the fire. The company has confirmed that the scooter’s battery remains intact and functional. Fortunately, the customer involved in the incident is safe and […]

NEW DELHI: Shares of Adani Power Ltd. traded 0.11 per cent up in Monday’s trade at 10:56AM (IST). Around 381,026 shares changed hands on the counter. The stock opened at Rs 354.7 and touched an intraday high and low of Rs 357.85 and Rs 345.2, respectively, in the session so far. The stock of Adani […]

GIFT Nifty on the NSE IX traded 55.5 points, or 0.29 per cent, higher at 19,083.50, signaling that Dalal Street was headed for positive start on Monday. Here’s a slew of stocks that will be in focus today for various reasons. RIL Mukesh Amabani-led Reliance Industries Ltd’s (RIL) second quarter numbers were largely in-line with […]

NEW DELHI: Shares of Swan Energy today jumped over 6% to bit fresh 52-week high of Rs 392 after the company announced that it has initiated the formal process of taking over Reliance Naval and Engineering Limited (RNEL). As the first step, SEL will set up a Board of Directors once the Monitoring Committee appointed […]

Mumbai: Petroliam Nasional Bhd, Singapore sovereign wealth fund GIC and the founders of Greenko Energy Holdings are investing $2 billion in AM Green, a platform that’s being established for green molecules, including green hydrogen, green ammonia and other chemicals. Of this, $1.5-1.7 billion is likely to come from Malaysia’s state-owned energy company, said people aware […]

Vietnamese electric vehicle (EV) maker VinFast Auto is evaluating potential sites for its planned manufacturing facility and has already reviewed two locations in Tamil Nadu, people aware of the developments told ET. Touted as a rival to iconic EV maker Tesla, the auto company has been shown land in the Manalur region north of Chennai […]

Guwahati: The 2000 MW lower Subansiri Hydroelectric Project was partially damaged by a landslide, which also impacted the Subansiri River’s downstream flow, officials said on Saturday. A senior NHPC (National Hydroelectric Power Corporation) official said, “One of the five diversion tunnels that was in use, diversion tunnel number 1, was blocked by a landslide on […]

Honda Motor and General Motors (GM) are scrapping a plan to jointly develop affordable electric vehicles (EVs), the Japanese company said on Wednesday, just a year after they agreed to work together in a bid to beat Tesla in sales. The decision underscores GM’s strategic shift to slow the launch of several EV models to […]

TVS Motor Company on Wednesday announced it is extending collaboration with Singapore-based tech startup ION Mobility for its entry in the sports scooter segment in Indonesia. The entry will be through Project Dynamo, ION Mobility’s conceptual adaptation of TVS Motor’s premium flagship crossover electric two-wheeler TVS X.

Electric vehicles (EVs) alone cannot help achieve governments’ objective of moving towards carbon neutrality, Suzuki Motor Corporation (SMC) president and representative director Toshihiro Suzuki said. He said the automaker is, therefore, developing region-specific clean mobility solutions, which include compressed biomethane gas (CBG) and alternate fuel driven vehicles, to reduce fuel consumption and vehicular emissions.

Japanese automaker Honda and US giant General Motors said Thursday they were scrapping a tie-up that was aimed at producing “affordable” electric vehicles from 2027. “After extensive studies and analysis, we have come to a mutual decision to discontinue the program,” the firms said in a joint statement.

Stellantis is buying a 21% stake in Leapmotor for $1.6 billion, it said on Thursday, in a reset of its China strategy to focus on electric vehicles after years of poor sales and manufacturing pullback in the world’s biggest auto market. The Chinese EV maker also announced the formation of a joint venture with Stellantis, […]