A slew of Indian states are wooing Foxconn to set up its proposed electric vehicle factory in their jurisdictions as the Taiwanese manufacturer’s chief executive Young Liu displayed strong intent to redouble its investments in the country during his visit last week in a bid to deepen his firm’s global supply chain systems. A senior […]
Category: The Times of India
Times of India
Russian oil accounts for 10% of India’s imports
NEW DELHI: Russian oil now accounts for 10% of total crude imported by India as a surge in imports by private refiners during the April-May period has placed Moscow among the top-10 suppliers for the world’s third-largest consumer. Senior government officials said India’s Russian oil imports have increased 50 times from 0.2% in the preceding […]
NTPC tops 2 GW renewable capacity with largest floating solar unit
NEW DELHI: State-run NTPC’s renewable energy capacity has topped 2 GW (gigawatts) as the country’s largest power producer pivots from coal to green energy with a target of 35 GW installed capacity by 2027. NTPC hit the milestone with the commissioning of a 92 MW (megawatt) floating solar project, the largest such project, on the […]
Russia in India’s top 10 oil suppliers
NEW DELHI: Russian oil now accounts for 10% of total crude imported by India as a surge in imports by private refiners during April-May has placed Moscow among the top 10 suppliers for the world’s third-largest consumer. Senior government officials said India’s Russian oil imports have increased 50 times from 0.2% in the preceding 12 […]
Standards for 2-wheeler EV batteries notified
NEW DELHI: Amid cases of electric vehicles (EVs) catching fire, the Bureau of Indian Standards (BIS) has notified the new performance standards for twowheeler EVs to ensure the safety of consumers. Titled ‘Performance Standards for Electric Vehicle Batteries’, the new guidelines specifies the test procedures for basic characteristic of performance, reliability and electrical functionality for […]
NTPC reaches 2GW renewable energy capacity
NEW DELHI: State-run NTPC’s renewable energy capacity has topped 2GW (gigawatts) as the country’s largest power producer pivots from coal to green energy with a target of 35GW installed capacity by 2027. NTPC hit the milestone with the commissioning of a 92MW (megawatt) floating solar project, the largest such project, on the reservoir of its […]
Toyota, Subaru shares drop on “embarrassing” recalls of first EVs
Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s largest automaker by sales, said on Thursday it would recall 2,700 bZ4X SUVs globally. Subaru Corp, […]
Tesla ‘virtual power plant’ to pay users to send energy back to grid
In a first such move, Elon Musk-run Tesla has launched a ‘virtual power plant’ that will pay its Powerwall users to help keep electricity on in their area during emergencies or energy shortages. Tesla launched the ‘virtual power plant’ in partnership with California Pacific Gas and Electric Company (PG&E) to support the electricity grid while […]
Chinese EV startup Nio car crashes, kills two
Two people involved in testing a car by Chinese electric vehicle (EV) startup Nio were killed after the car fell from the third floor of the office building during the test drive in Shanghai. The duo lost control of the car in a parking area in Shanghai Automotive Innovation Port in Anting, Jiading district, before […]
Audi to launch electric vehicles only from 2026, says CEO Markus Duesmann
Audi plans to bring only electric-powered vehicles onto the market by 2026, Chief Executive Markus Duesmann said. Audi’s entire offering will be exclusively electric-powered long before 2035, when the European Union plans to effectively ban the sale of combustion engine cars, Duesmann added.
BIS issues performance standards for electric vehicle batteries
The Bureau of Indian Standards (BIS) has come up with performance standards for electric vehicle batteries in order to ensure the safety of consumers, a senior consumer affairs ministry official said. BIS, the national standards-setting body that functions under the consumer affairs ministry, has published the “performance standards for electronic vehicle batteries”, the official said. […]
Automotive ancillaries shifting to green manufacturing, invests in EVs
Sensing a global opportunity in the electric vehicles (EV) segment, Indian automotive ancillaries are shifting gears in sync with the trend, said a top industry sector official. Many of the players in the $46 billion (FY21) industry are also supplying to non-auto sectors like defence, railways and aerospace, Automotive Component Manufacturers Association of India (ACMA) […]