Kinetic Engineering says EVs, exports to drive Rs 700 crore 5-year revenue target
PUNE : Kinetic Engineering, already in long-term contracts with global auto majors like Renault Nissan, BRP, Magna Powertrain, American Axle, is now focussing on EVs along with exports to drive growth. Typically, electric vehicles
Tamil Nadu pitches for Elon Musk’s new EV factory in India
CHENNAI : Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon Musk’s visit. “Tamil Nadu will be
Tesla plans to set up EV manufacturing arm with Reliance in India
NEW DELHI : Tesla may be scouting for a local partner to set up its operations in India. Highly placed sources say the US electric vehicles major is in talks with Reliance Industries for a possible joint venture to
XPO Logistics leads the way in expanding use of HVO fuels and electric-powered vehicles
LONDON : XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, has successfully deployed hydrotreated vegetable oil (HVO) and electric-powered vehicles within its 4PL and transport control tower operations. This is
APM Terminals invests US$1 million in electric vehicle fleet upgrade
LOS ANGELES : APM Terminals has announced a significant advancement in its terminal operations fleet by transitioning to electric vehicles (EVs). With an investment of nearly US$1 million, the terminal has replaced 28 internal
India prefers duty cuts on EVs via FTA route with specific nations
NEW DELHI : India is more open to granting duty concessions on electric vehicles (EVs) through the Free Trade Agreement (FTA) route with specific nations, a person directly aware of the matter said. ThisNitin Gadkari reveals Electric Vehicle prices in India slashed below ₹60,000
NEW DELHI : Gradually, the automobile market is witnessing significant changes as people are increasingly opting for electric vehicles (EVs) over petrol and diesel vehicles. However, the high price of EVs remains a major
Schneider Electric to expand India operations, exports
FRANCE : French energy automation company Schneider Electric has lined up plans to bolster its India base, and leverage it for world markets, Deepak Sharma, Zone President–Greater India and MD & CEO, told on
