VMAC introduces new high-voltage electric vehicle (HVEV) business

VMAC introduces new high-voltage electric vehicle (HVEV) business

VMAC announced its new High-Voltage Electric Vehicle (HVEV) air brake business during a VIP event at its facility in Nanaimo, B.C. The launch celebration on June 27 featured a tour of VMAC’s 44,000-square-foot manufacturing facility and was attended by industry leaders and local, provincial, and federal government officials. “VMAC’s new venture is helping the world transition to a zero-emission future with commercial electric vehicle air brake compressors for electric and zero-...
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Bajaj’s CNG Freedom 125: Cost-saving math

Bajaj’s CNG Freedom 125: Cost-saving math

Lauding the quality and research put behind Bajaj Auto’s CNG-run Freedom 125, Roads Minister Nitin Gadkari said that the variant would become the preferred 2-wheeler choice abroad given the cost-savings it offers. The CNG bike will start at Rs 95,000 and will go up to Rs 1.10 lakh. The CNG motorcycle will offer a range of 330 kilometre. It will have a 2 kilogram CNG tank along with a 2 litre petrol tank. The CNG tank is housed under the seat. “We are the highest exports of 2-wheelers...
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Top Events on July 5: Bank of Baroda meeting, World’s 1st CNG motorcycle launch, Rahul Gandhi in Hathras, and more

Top Events on July 5: Bank of Baroda meeting, World’s 1st CNG motorcycle launch, Rahul Gandhi in Hathras, and more

Top Events on July 5: India is all set to witness various business, technological, political, and cultural events today, with the Bank of Baroda holding a meeting of its board directors and SEPC opening its rights issue on Friday. Delhi HC will hear Arvind Kejriwal’s plea in the excise policy scam, and Justin Bieber will perform in Anant Ambani-Radhika Merchant’s wedding festivities. Take a look at top events of the day below,  – SEPC Limited launched its rights issue, allowin...
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Flower farm could supply nickel for electric vehicle batteries

Flower farm could supply nickel for electric vehicle batteries

Environment A start-up in Albania, co-founded by a mining industry mogul, backed by a mining industry billionaire, is farming plants to harvest carbon-neutral nickel from the soil while simultaneously removing carbon dioxide from the atmosphere By James Dinneen Facebook / Meta Twitter / X icon WhatsApp Linkedin Reddit Email The start-up Metalplant harvests nickel-accumulating flowers Courtesy of MetalPlant On a recent afternoon in northern Albania, workers gathered armfuls of freshly cut shrubs...
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Europe is slapping tariffs on Chinese electric vehicles – for now. Here’s what to know

Europe is slapping tariffs on Chinese electric vehicles – for now. Here’s what to know

The European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The higher duties go into effect on Friday, pending a final decision in four month’s time. Here are some basic facts about the EU’s planned customs duties: What did the European Union do? After an eight-month in...
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Toyota To Launch Hybrid Electric Variants Of Prado, RAV4 And Cross Into Nigerian Market

Toyota To Launch Hybrid Electric Variants Of Prado, RAV4 And Cross Into Nigerian Market

Toyota Nigeria Limited (TNL) to launch Hybrid Electric variants of Cross, RAV4, Land Cruiser Prado into Nigerian market. MD of TNL made this known on while speaking with journalists at the Toyota Motor Show held between June 27-29th 2024. TNL would also be lending its big network of workshops for vehicle conversion to CNG-powered to support FG’s campaign. Toyota Nigeria Limited (TNL), the sole distributor of Toyota vehicles in Nigeria, has announced plans to roll out three hybrid electric vari...
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Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to...
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Innoson Opens Service Center For Conversion Of Petrol Vehicles To CNG

Innoson Opens Service Center For Conversion Of Petrol Vehicles To CNG

Innoson Vehicle has inaugurated a new car service center and a facility for converting diesel and petrol engines to Compressed Natural Gas (CNG) in Aba. The development aims to provide comprehensive automotive services, including maintenance and repair, while also promoting eco-friendly fuel alternatives through engine conversions. The facility is expected to cater to the growing demand for more sustainable and cost-effective fuel options in the region. Recall that the Abia State governor, Dr Al...
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American interest in electric vehicles short circuits for first time in four years

American interest in electric vehicles short circuits for first time in four years

Interest in electric vehicles has waned slightly among US motorists for the first time since 2020 says Pew Research, with only three out of ten Americans right now saying they’re considering a battery-powered ride for their next purchase. That’s a drop of nine percent in the past year, according to the analysis, which found respondents were most concerned about EV reliability and cost when comparing them to their gas-guzzling counterparts. Even more interesting is the considerable de...
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Gujarat Gas plans Rs 1,200-cr capex in FY25; 3.3 lakh households to get new connections

Gujarat Gas plans Rs 1,200-cr capex in FY25; 3.3 lakh households to get new connections

Home Companies Updated – June 28, 2024 at 12:26 PM. | Ahmedabad, June 28 Company is also planning to set up over 200 CNG stations, with the majority in Gujarat Gujarat Gas Ltd (GGL) has earmarked Rs 1,200 crore as capital expenditure for financial year 2024-25. A large portion of this capex will be used to expand its pipeline network and to provide new piped natural gas connections to over 3.3 lakh households in six states, including Gujarat. The city gas distribution (CGD) company is also...
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