After the sobering news of rapid depreciation in electric vehicles globally, India’s mobility story takes a more optimistic turn. A recent report by the India Energy Storage Alliance (IESA) shows that India is speeding up the shift to sustainable transport by adopting a multi-fuel strategy that goes beyond just battery electric vehicles. The report highlights…
Electric vehicles (EVs) are facing a deepening depreciation crisis that threatens to undermine adoption rates worldwide. Analysis of over 1.1 million used-vehicle transactions between November 2022 and October 2023 found that EVs lose approximately 49.1 % of their value within five years on average, about ten percentage points more than traditional petrol or diesel cars….
TVS Motor Company, a leading manufacturer of two- and three-wheelers, undertook a road safety initiative in Shimla, Himachal Pradesh. As part of its ‘Protect Little Riders’ campaign under the #TVSRide4Safety banner, the company distributed 100 children’s helmets to students at Delhi Public School (DPS), Shimla. The event was attended by notable figures including Arjit Singh…
Goodyear has officially confirmed that all its passenger tyres are now classified as “EV-ready.” This means that every Goodyear tyre in the passenger segment is designed to meet the unique demands of electric vehicles, including higher torque, increased weight, and the need for enhanced durability. The announcement follows the company’s growing focus on sustainability and…
The global market for Synthetic Polyisoprene Rubber (IR) is projected to grow from about US $1,396.5 million in 2025 to approximately US $1,965.0 million by 2032, implying a compound annual growth rate (CAGR) of around 5.0 %. IR is a man-made elastomer designed to mimic the properties of natural rubber, offering high elasticity, resilience, and…
The renewable styrene market is witnessing steady growth in 2025, driven by the chemical industry’s shift toward bio-based and low-carbon materials. Renewable styrene is produced from sustainable feedstocks such as bio-ethanol, lignin, and plant oils. It retains the same performance and structure as conventional styrene, which means it can be used directly in downstream applications…
VNT has launched India’s first 1 megawatt (MW) electric vehicle (EV) charger, marking a major milestone in the country’s EV infrastructure development. The new high-capacity charger is designed to drastically cut down charging time for heavy-duty EVs such as electric trucks and buses, making large-scale electrification of logistics and transport fleets more practical. The company…
HARMAN, a subsidiary of Samsung Electronics, has announced an investment of ₹345 crore to expand its automotive electronics manufacturing facility in Chakan, Pune. Of this amount, ₹45 crore is earmarked for immediate expansion, while the remaining ₹300 crore will be invested over the next three years to support advanced telematics and connectivity programmes. The expansion…
The Union Territory of Puducherry has introduced a fleet of 25 electric buses manufactured by Olectra under its Smart City initiative. The new buses, comprising both AC and non-AC variants, mark the government’s effort to modernise public transport and reduce emissions. The fleet will operate on selected urban routes, with dedicated charging infrastructure being set…
Taiwan’s shared electric scooter operator WeMo Scooter is ramping up its smart mobility network and is targeting a fleet of 50,000 e-scooters by 2030. Over the next few years, the company plans to expand its operations across Taiwan’s major cities, bolster its battery swap and charging infrastructure, and deepen partnerships with vehicle manufacturers, service providers,…
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