Seoul, April 14 (IANS) Electric vehicle (EV) charging costs will be reduced by up to 15 per cent during afternoon hours on weekends starting this week, the climate ministry said on Tuesday.The reduction in the charging fees will be supported by a 50 percent rate discount on electricity used at 94,000 private home-use chargers and 13,000 public fast chargers between 11 a.m. and 2 p.m. on weekends and public holidays, according to the Ministry of Climate, Energy and Environment.This will result in…
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New Delhi, April 6 (IANS) The Indian auto retail industry is projected to register positive growth in the first quarter this fiscal (Q1 FY27) despite geopolitical uncertainty, riding on the marriage season in the northern belt, rabi harvest and the residual benefit of GST 2.0-led affordability, a new report said on Monday.Looking at the April–June period, the retail outlook remains cautiously positive, said the Federation of Automobile Dealers Associations (FADA).”Our survey shows 49.81 per ce…
New Delhi, March 7 (IANS) Chinese electric vehicle maker BYD has unveiled its next-generation Blade Battery 2.0, a new EV battery technology that promises a driving range of more than 1,000 kilometres along with ultra-fast charging and improved safety features.According to the company, the battery can deliver a driving range of more than 1,000 kilometres under the China Light-Duty Vehicle Test Cycle.This marks a significant improvement compared with the first-generation Blade Battery, which typi…
Seoul, March 7 (IANS) SK On, a major South Korean battery manufacturer, has laid off nearly 1,000 workers at its US battery plant in Georgia amid slowing electric vehicle (EV) demand, a company filing showed on Saturday.SK Battery America, SK On’s US unit, dismissed 968 employees at its battery manufacturing facility in Commerce, Georgia, according to a Worker Adjustment and Retraining Notification (WARN) notice posted on a Georgia state website.The layoffs reportedly account for about 37 per ce…
New Delhi, March 2 (IANS) In a major step towards strengthening indigenous capabilities in advanced power electronics, the government on Monday unveiled a 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicles (EVs) at IIT Madras.The system has been developed by the Centre for Development of Advanced Computing (C-DAC), Thiruvananthapuram, in collaboration with Indian Institute of Technology Madras and Lucas TVS under the National Mission on Power Electronics Technolo…
Hyderabad, Feb 18 (IANS) Telangana Chief Minister A. Revanth Reddy said on Wednesday that Hyderabad aims to achieve Net Zero by 2034 and will soon undertake a city-wide carbon footprint audit. He also announced that within the next five years, there will be almost no industry or factory within the urban area.Speaking at the Mumbai Climate Week, the Chief Minister outlined Telangana’s long-term development vision, linking economic growth with environmental sustainability.According to Chief Minist…
New Delhi, Jan 20 (IANS) Environment, Forest and Climate Change Minister Bhupender Yadav on Tuesday expressed concern over the high levels of PM10 and the persistent issues related to solid waste management in some NCR cities in Haryana.Reviewing Action Plans of Rohtak, Manesar, Panipat and Karnal for tackling air pollution, Yadav said that a meeting with Haryana Chief Minister Nayab Singh Saini would be convened to address these concerns.Yadav assured early funding and approvals for pollution m…
Seoul, Jan 14 (IANS) The head of South Korea’s automotive giant Hyundai Motor Group has visited three key overseas markets — China, the United States and India — at the start of the new year as part of the group’s global expansion strategy, the company said on Wednesday.Executive Chair Euisun Chung’s visits were aimed at exploring business opportunities in major economies that are expected to underpin the group’s future growth, while also seeking partnerships with leading global companies, the…