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Indian Automobile Industry To Be Largest In Next 5 Years: Nitin Gadkari
The Union Minister of Road Transport and Highways stated that India will have the largest automobile industry in the next five years.
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This US Island Does Not Allow Use Of Cars And Bikes. Here's Why
Walking, riding a bicycle and horse-drawn carriages are the primary modes of transportation on Mackinac Island.
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New Airports, Aircraft Orders: Wealthy Gulf Prepares For Aviation Boom
With major new airports emerging from the desert and aircraft orders rolling in, the resource-rich Gulf is raising its stake in an industry forecast to boom in the decades ahead.
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Airline Industry To Record USD 25.7 Billion Net Profit In 2024: Report
The airline industry is projected to register a net profit of USD 25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said today.
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Siemens Partners With Microsoft to Use AI to Increase Productivity
Siemens and Microsoft on Tuesday announced a joint project to use artificial intelligence to increase productivity and human-machine collaboration. The Siemens Industrial Copilot scheme will see the two companies work together to use generative AI for the manufacturing, transportation and healthcare industries. German automotive supplier Schaeffler...
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Xiaomi, With $10 Billion Investment Pledged, Wins China Approval to Make Electric Vehicles
Xiaomi has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal of producing cars by early next year.
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The New Technology That is Making Cars Easier for Criminals to Steal, or Crash
There is much talk in the automotive industry about the “internet of vehicles” (IoV). This describes a network of cars and other vehicles that could exchange data over the internet in an effort to make transportation more autonomous, safe and efficient.
-
"Need To Develop Industries For Growth Of Country": Nitin Gadkari
Union Minister for Road, Transport and Highways, Nitin Gadkari on Thursday said that India is the fastest growing economy in the world while underscoring the need to develop industries and trade for the growth of the country.
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Tata Group to Build Electric Vehicle Battery Plant in UK
Tata Group will build an electric vehicle battery plant in Britain, the company and the government said on Wednesday, in a major boost for a car industry in need of domestic battery production to help secure its long-term future.
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Rs 120 Billion Water Transport Corridor Being Planned In East-India: Report
Coal India Ltd, a government-owned port, and a state waterways body, are together considering investing up to 120 billion rupees ($1.46 billion) to establish an industrial water transport corridor in the country's east, two government sources said.
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Rivian Adopts Tesla’s EV Charging Standard, Joining Ford and General Motors
Rivian said it has agreed to adopt Tesla's charging standard. This would give customers access to the biggest US charging network and adding momentum to Tesla's bid to set the industry standard. Rivian's customers will be able to access 12,000 Tesla Superchargers with adapters in the United States and Canada as early as spring 2024, the company sai...
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France Bans Domestic Flights On Short Routes That Can Be Covered By Train. Here's Why
The country is also cracking down on the use of private jets for short journeys in a bid to make transport greener and fairer for the population.
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Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
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Road Transport, Highways Have Maximum Number Of Delayed Projects: Report
The road transport and highways sector has the maximum number of delayed projects at 407, followed by railways at 114 and the petroleum industry at 86, showed a government report.
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EV Market in India to Cross 1 Crore Annual Sales Mark, Create 5 Crore Jobs by 2030: Economic Survey
India's EV market is expected to grow to one crore units per annum by 2030 while creating 5 crore jobs, data from the Economic Survey 2022-23 shows. The total EV sales in India stood at around 10 lakh units in 2022, according to industry estimates.
-
Indian Automobile Industry To Be Largest In Next 5 Years: Nitin Gadkari
The Union Minister of Road Transport and Highways stated that India will have the largest automobile industry in the next five years.
-
This US Island Does Not Allow Use Of Cars And Bikes. Here's Why
Walking, riding a bicycle and horse-drawn carriages are the primary modes of transportation on Mackinac Island.
-
New Airports, Aircraft Orders: Wealthy Gulf Prepares For Aviation Boom
With major new airports emerging from the desert and aircraft orders rolling in, the resource-rich Gulf is raising its stake in an industry forecast to boom in the decades ahead.
-
Airline Industry To Record USD 25.7 Billion Net Profit In 2024: Report
The airline industry is projected to register a net profit of USD 25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said today.
-
Siemens Partners With Microsoft to Use AI to Increase Productivity
Siemens and Microsoft on Tuesday announced a joint project to use artificial intelligence to increase productivity and human-machine collaboration. The Siemens Industrial Copilot scheme will see the two companies work together to use generative AI for the manufacturing, transportation and healthcare industries. German automotive supplier Schaeffler...
-
Xiaomi, With $10 Billion Investment Pledged, Wins China Approval to Make Electric Vehicles
Xiaomi has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal of producing cars by early next year.
-
The New Technology That is Making Cars Easier for Criminals to Steal, or Crash
There is much talk in the automotive industry about the “internet of vehicles” (IoV). This describes a network of cars and other vehicles that could exchange data over the internet in an effort to make transportation more autonomous, safe and efficient.
-
"Need To Develop Industries For Growth Of Country": Nitin Gadkari
Union Minister for Road, Transport and Highways, Nitin Gadkari on Thursday said that India is the fastest growing economy in the world while underscoring the need to develop industries and trade for the growth of the country.
-
Tata Group to Build Electric Vehicle Battery Plant in UK
Tata Group will build an electric vehicle battery plant in Britain, the company and the government said on Wednesday, in a major boost for a car industry in need of domestic battery production to help secure its long-term future.
-
Rs 120 Billion Water Transport Corridor Being Planned In East-India: Report
Coal India Ltd, a government-owned port, and a state waterways body, are together considering investing up to 120 billion rupees ($1.46 billion) to establish an industrial water transport corridor in the country's east, two government sources said.
-
Rivian Adopts Tesla’s EV Charging Standard, Joining Ford and General Motors
Rivian said it has agreed to adopt Tesla's charging standard. This would give customers access to the biggest US charging network and adding momentum to Tesla's bid to set the industry standard. Rivian's customers will be able to access 12,000 Tesla Superchargers with adapters in the United States and Canada as early as spring 2024, the company sai...
-
France Bans Domestic Flights On Short Routes That Can Be Covered By Train. Here's Why
The country is also cracking down on the use of private jets for short journeys in a bid to make transport greener and fairer for the population.
-
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
-
Road Transport, Highways Have Maximum Number Of Delayed Projects: Report
The road transport and highways sector has the maximum number of delayed projects at 407, followed by railways at 114 and the petroleum industry at 86, showed a government report.
-
EV Market in India to Cross 1 Crore Annual Sales Mark, Create 5 Crore Jobs by 2030: Economic Survey
India's EV market is expected to grow to one crore units per annum by 2030 while creating 5 crore jobs, data from the Economic Survey 2022-23 shows. The total EV sales in India stood at around 10 lakh units in 2022, according to industry estimates.
