How China’s EV battery makers stack up in energy storage

How China’s EV battery makers stack up in energy storage

China’s EV battery giants CATL and BYD are eyeing the growing market for stationary energy storage.

Here are the numbers behind their energy storage business:

CATL has ranked first globally in terms of battery deliveries for energy storage since 2021 with more than 40% of the global market share, according to its annual report. It counts among its major clients state-owned power companies such as Huaneng as well as top energy storage system manufacturers including Sungrow Power Supply. Continue reading “How China’s EV battery makers stack up in energy storage”

China steps up pressure with EU brandy probe hearing as EV tariffs begin

China steps up pressure with EU brandy probe hearing as EV tariffs begin

Summary

  • French cognac houses to attend meeting in Beijing
  • Some European countries oppose tariffs
  • Intense negotiations expected to continue

BEIJING, (Reuters) – China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tension on the day the European Commission’s provisional tariffs on Chinese-made electric vehicles take effect. Continue reading “China steps up pressure with EU brandy probe hearing as EV tariffs begin”

Exclusive: Major Japanese insurers to offload $3.1 billion of Honda shares

Exclusive: Major Japanese insurers to offload $3.1 billion of Honda shares

TOKYO, (Reuters) – Four of Japan’s top property and casualty insurers and other financial firms plan to sell around 500 billion yen ($3.1 billion) of shares in Honda Motor, three people said, as the unwinding of cross-shareholding practices accelerates.

Tokio Marine Holdings Sompo Holdings and two units of MS&AD Insurance Group will together offload shares in the automaker, said the people, who declined to be identified because the information has not been made public. Continue reading “Exclusive: Major Japanese insurers to offload $3.1 billion of Honda shares”

What’s behind Volkswagen’s $5 bln EV software bet on Rivian?

What’s behind Volkswagen’s $5 bln EV software bet on Rivian?

BERLIN/FRANKFURT, (Reuters) – Volkswagen, Europe’s biggest carmaker, plans to spend as much as $5 billion on an electric vehicle (EV) software partnership with U.S.-based Rivian.

Here are some of the key issues around the deal:

WHY IS VOLKSWAGEN DOING THIS?

The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting of Herbert Diess. Continue reading “What’s behind Volkswagen’s $5 bln EV software bet on Rivian?”

WAF VCSI – Vehicle Cyber Security Index

WAF VCSI – Vehicle Cyber Security Index

by WAF Think Tank 

 

•WAF launches WAF VCSI -Vehicle Cyber Security Index 

•Top Cyber Security Experts shall benchmark Connected Cars, CVs and 2W for their Cyber Security

•Names of Connected Vehicles which show Top Performance in cyber security shall be shared with 120+ Media Sites across the world!

•Last Date for enrolment for WAF VCSI is 7th July 2024

Continue reading “WAF VCSI – Vehicle Cyber Security Index”

So, What’s Wrong with the Car Registration Plates at NCR- Delhi ?

So, What’s Wrong with the Car Registration Plates at NCR- Delhi ?

By WAF Think Tank 

 

•Faded HSRPs defeat the very purpose why they were introduced.

•Faded HSRPs encourage Crimes and episodes of Road Accidents, Hit & Run and Fatalities. Sadly India is already the world leader in Road Deaths!

•As per CMVR Rules, HSRP’s Quality & Compliance are the direct responsibilities of the Car Makers!

 

The White Ambassador car used for carrying out attack on the Indian Parliament in 2001 was bought from the Karol Bagh used car market and had a Fake Registration Plate.

Continue reading “So, What’s Wrong with the Car Registration Plates at NCR- Delhi ?”

A US-China EV trade war threatens Biden’s clean-car agenda

A US-China EV trade war threatens Biden’s clean-car agenda

DETROIT, (Reuters) – The Biden administration’s plan to slap heavy new tariffs on Chinese electric vehicles and batteries would provide temporary protection for U.S. auto jobs, potentially at the expense of White House efforts to fight climate change by accelerating U.S. EV adoption.

Few Chinese-made EVs are currently sold in the United States, so the immediate impact on consumers of higher EV tariffs would be minimal, analysts said. The White House also plans to more than triple tariffs on Chinese EV batteries and battery parts to 25%. Graphite, permanent magnets used in EV motors and other EV minerals would get new 25% duties added. These tariffs could affect a broader range of vehicles. Continue reading “A US-China EV trade war threatens Biden’s clean-car agenda”

‘What doesn’t kill you makes you stronger,’ China trolls new US tariffs

‘What doesn’t kill you makes you stronger,’ China trolls new US tariffs

BEIJING, (Reuters) – China’s measured response to the U.S. move to hike tariffs on $18 billion of Chinese goods from syringes to batteries suggests relations between the world’s two largest economies face more frost rather than a fresh firefight over trade.

China denounced the Biden administration’s action and vowed “resolute measures” to protect its interests. Continue reading “‘What doesn’t kill you makes you stronger,’ China trolls new US tariffs”

Biden’s new China tariff wall faces leakage via Mexico, Vietnam

Biden’s new China tariff wall faces leakage via Mexico, Vietnam

WASHINGTON, (Reuters) – The Biden administration’s new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of U.S. manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them.

U.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly processed Chinese goods from Mexico and other countries, China’s underpriced excess production will still find its way into U.S. markets. Continue reading “Biden’s new China tariff wall faces leakage via Mexico, Vietnam”

India Automobile Sales Performance -April-2024

India Automobile Sales Performance -April-2024

  • Passenger Vehicles2 sales were 3,35,629 units in April 2024.
  • Three-wheeler sales were 49,116 units in April 2024
  • Two-wheeler sales were 17,51,393 units in April 2024.

Commenting on sales data of April 2024, Mr Vinod Aggarwal, President, SIAM said, “Year 2024-25 has started on a reasonably good note for the Auto industry, as all the segments have posted growth in April 2024, compared to April 2023, driven by positive consumer sentiments and festivities in this month. Above normal monsoon rainfall, policy continuity post-elections and Government’s push on manufacturing and infrastructure would propel the overall economic growth which would help in continuing the Auto sector’s growth trajectory.” Continue reading “India Automobile Sales Performance -April-2024”

Honda ramps up R&D spending as it expands hybrid push

Honda ramps up R&D spending as it expands hybrid push

TOKYO, (Reuters) – Honda Motor Co said on Friday it would increase R&D spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it forecast a 2.8% rise in operating profit for 2024/25.

Japan’s second-largest automaker by volume announced a share buyback worth up to 300 billion yen ($1.93 billion) after beating analysts’ fourth quarter earnings estimates, helped by strong sales growth in the United States, which offset a decline in China. Continue reading “Honda ramps up R&D spending as it expands hybrid push”

US could ban Chinese connected vehicles or impose restrictions

US could ban Chinese connected vehicles or impose restrictions

WASHINGTON, (Reuters) – The U.S. could take “extreme action” and ban Chinese connected vehicles or impose restrictions on them, Commerce Secretary Gina Raimondo said on Wednesday, in the first indication a ban could be on the table after a national security investigation.

The Commerce Department is reviewing public comments that were due by April 30, Raimondo told Reuters, on a probe the Biden administration launched in February into whether Chinese vehicle imports pose national security risks. Continue reading “US could ban Chinese connected vehicles or impose restrictions”

Spare Parts Management Made Easy: 10 ways, a Parts Catalog Software can Metamorphose this Process

Spare Parts Management Made Easy: 10 ways, a Parts Catalog Software can Metamorphose this Process

Introduction 

Every OEM will need to incorporate solutions to manage their spare parts as repairs and replacement of spare parts are inevitable. Traditionally, OEMs would manage this complex process manually and finding the spares is often deemed time and cost intensive. This process would not only require dedicated workforce but also needed constant checks and audits to ensure there are the right spare parts. Continue reading “Spare Parts Management Made Easy: 10 ways, a Parts Catalog Software can Metamorphose this Process”

Aston Martin losses balloon ahead of new model ramp up

Aston Martin losses balloon ahead of new model ramp up

Summary

  • Aston Martin sees Q2 peformance broadly similar to Q1
  • Shares hit lowest level since November 2022
  • Q1 pretax loss, wholesale volumes and cash flow miss estimates

(Reuters) – Aston Martin posted a bigger-than-expected first-quarter pretax loss on Wednesday as the British luxury carmaker made fewer cars and burned more cash than analysts anticipated, sending its shares 7% lower. Continue reading “Aston Martin losses balloon ahead of new model ramp up”

India’s oil import bill could swell to USD 101-104 bn in FY25: ICRA

India’s oil import bill could swell to USD 101-104 bn in FY25: ICRA

Source : PTI | India’s net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of USD 7.9 billion in 11 months (April-February) of 2023-24, up from USD 5.1 billion in 2022-23.

“With India’s oil import dependency expected to remain high, if the discounts on purchases of Russian crude persist at the prevailing low levels, ICRA expects India’s net oil import bill to widen to USD 101-104 billion in FY2025 from USD 96.1 billion in FY2024, assuming an average crude oil price of USD 85/bbl in the fiscal,” ICRA said. Continue reading “India’s oil import bill could swell to USD 101-104 bn in FY25: ICRA”

Weak demand, new model ramp up hit Europe’s top automakers

Weak demand, new model ramp up hit Europe’s top automakers

Summary

  • European carmakers post lower Q1 sales
  • New model launches eat into margins
  • Volkswagen, Stellantis, Mercedes Benz shares all lower

LONDON/FRANKFURT, (Reuters) – European car giants Volkswagen, Mercedes-Benz and Stellantis all posted lower sales and first-quarter revenue on Tuesday as they geared up to launch new models, faced higher costs and were hit by weaker demand for new cars as interest rates remain high. Continue reading “Weak demand, new model ramp up hit Europe’s top automakers”

149% surge in cases of mobile phone use while driving since Jan

149% surge in cases of mobile phone use while driving since Jan

PTI | New Delhi: A major surge of nearly 149% in prosecutions related to mobile phone usage while driving in Delhi since January 1, as compared to the corresponding period last year, the traffic police data revealed. The statistics, shared by the Delhi Traffic Police, indicate a sharp rise in violations of mobile phone usage laws while driving.

From January 1 to April 15, a total of 15,846 motorists were booked for this offence, significantly higher than the 6,369 cases reported in 2023, it said. Continue reading “149% surge in cases of mobile phone use while driving since Jan”

Insight: Why BYD’s EV exports sell for twice the China price

Insight: Why BYD’s EV exports sell for twice the China price

LONDON, (Reuters) – U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals.

The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. Continue reading “Insight: Why BYD’s EV exports sell for twice the China price”

Nissan, Mazda roll out new models for China as they aim for comeback

Nissan, Mazda roll out new models for China as they aim for comeback

BEIJING, (Reuters) – Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday, signalling a fresh push by Japanese automakers to regain ground in the world’s largest auto market.

The models, including some concept cars, were introduced at the Beijing auto show and mark an attempt to better respond to demand from Chinese consumers for software-loaded, electric-powered vehicles. Continue reading “Nissan, Mazda roll out new models for China as they aim for comeback”

China’s largest auto show showcases all-electric future, local brands dominate

China’s largest auto show showcases all-electric future, local brands dominate

BEIJING, (Reuters) – China’s largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world’s largest auto market is already in an all-electric state of mind, and isn’t looking back.

Automakers are set to unveil 117 new models versus 93 at last year’s show in Shanghai,while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year, organisers said. Continue reading “China’s largest auto show showcases all-electric future, local brands dominate”

Electric car sales to rise but affordability in focus, IEA says

Electric car sales to rise but affordability in focus, IEA says

LONDON, (Reuters) – Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the International Energy Agency (IEA) forecast on Tuesday, adding affordability and charging infrastructure would be key to future growth.

Electric car sales will hit 17 million this year, compared to 14 million in 2023, with more than one in five cars sold globally set to be electric, the IEA said, predicting 10 million of those sales would be in China. Continue reading “Electric car sales to rise but affordability in focus, IEA says”

Volkswagen holds keys to Porsche’s race against Ferrari

Volkswagen holds keys to Porsche’s race against Ferrari

MILAN, (Reuters) – Porsche AG’s ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker more freedom to cut costs and shape its future.

The maker of the iconic 911 has started the seventh quarter since its listing with a discount to Ferrari on a price-to-earnings (PE) basis just off a record 69%, disappointing hopes it could command a luxury-like valuation. Continue reading “Volkswagen holds keys to Porsche’s race against Ferrari”

Would Indians Love or Shove the Tesla ?

Would Indians Love or Shove the Tesla ?

by WAF Auto Think Tank

Elon Musk coming to India next week is Big News! It’s speculated that Tesla just might invest a couple Billion Dollars in the third largest automotive market in the world!

After the EV Policy change, Tesla could have invested just half a Billion dollars to qualify for the newly constituted 15% Duty bracket down from the 100% one. But it seems, it chooses to invest much higher.

The richest man in the world coming to meet one of the most powerful leaders in the world around the time when the largest democracy in the world gets busy with it’s General Elections. Coincidence ? Fan Boy Moment ? Way to get more govt goodies post elections ? A competent strategy to ensure formidable global rivals like BYD stay in the rear view mirror  ? Despite entering India much earlier!

Continue reading “Would Indians Love or Shove the Tesla ?”

Nippon Paint unveils Mastercraft, for exemplary automotive aftermarket body and paint work, powered by sustainable technology

Nippon Paint unveils Mastercraft, for exemplary automotive aftermarket body and paint work, powered by sustainable technology

Gurugram/New Delhi, 5 April 2024: Asia Pacific’s leading paint and coating company, Nippon Paint has launched its consumer facing automotive body and paint repair service brand, Mastercraft. Mastercraft promises exemplary body and paint work, car decoration services and ultra-fast velocity repairs, backed by Japanese precision and technology. Continue reading “Nippon Paint unveils Mastercraft, for exemplary automotive aftermarket body and paint work, powered by sustainable technology”

In 2023, bold EV strategies took a punch from reality

In 2023, bold EV strategies took a punch from reality

DETROIT, (Reuters) – This was the year the auto industry’s race toward an all-electric future took a detour.

Heading into 2023, automakers were gearing up to invest $1.2 trillion by 2030 to move electric vehicles from niche products to mass-market models – many with batteries and software developed in-house, according to a Reuters analysis. Continue reading “In 2023, bold EV strategies took a punch from reality”

India looking at Africa for critical minerals, says mines secretary

India looking at Africa for critical minerals, says mines secretary

Source : PTI | India is looking at Africa for minerals, including cobalt, and other critical minerals, Mines Secretary V L Kantha Rao said on Friday. The country is still engaging with Australia for lithium blocks, he said.

Talking to reporters on the sidelines of a function here, the secretary said, “In Africa, we are looking at Zambia, Namibia, Congo, Ghana and Mozambique for critical minerals.” Continue reading “India looking at Africa for critical minerals, says mines secretary”

Exciting Times Ahead for VW India | Company Unveils New Product Offerings for the Indian market

Exciting Times Ahead for VW India | Company Unveils New Product Offerings for the Indian market

At the forefront of innovation, Volkswagen India’s Annual Brand Media Conference 2024 witnessed a momentous occasion as the company unveiled its latest offerings tailored specifically for the discerning Indian market.

The new iterations included:

– The Taigun GT Plus Sport
– ⁠The Taigun GT Line
– ⁠The Virtus GT Plus Sport (concept)

These new iterations are set to redefine the automotive landscape with their unique blend of style and performance.

Continue reading “Exciting Times Ahead for VW India | Company Unveils New Product Offerings for the Indian market”

Should Tata, Mahindra, and other Indian automakers worry about Tesla & co.

Should Tata, Mahindra, and other Indian automakers worry about Tesla & co.

Source : PTI | The recent announcement of import duty concessions in the Electric Vehicle (EV) policy is set to boost the Indian electric vehicles market without negatively impacting local players, according to a senior government official.

Rajesh Kumar Singh, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), told PTI that the policy is designed to benefit the public interest as a whole.

Continue reading “Should Tata, Mahindra, and other Indian automakers worry about Tesla & co.”

US automakers race to build more hybrids as EV sales slow

US automakers race to build more hybrids as EV sales slow

DETROIT, (Reuters) – As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.

Automakers and suppliers are adding capacity to build gasoline-electric hybrid and plug-in hybrid vehicles for the U.S. market, responding to increased consumer demand for technology that General Motors and other automakers once planned to phase out in favor of all-electric fleets, industry executives and analysts said. Continue reading “US automakers race to build more hybrids as EV sales slow”

US says to investigate national security data risks from Chinese vehicles

US says to investigate national security data risks from Chinese vehicles

WASHINGTON, (Reuters) – The White House said on Thursday the United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restrictions due to concerns about “connected” car technology.

The U.S. Commerce Department probe is because Chinese assembled smart vehicles could collect sensitive data about U.S. citizens and infrastructure and send the data to China, the White House said. Continue reading “US says to investigate national security data risks from Chinese vehicles”

Automakers question feasibility of California 2035 EV sales mandate plan

Automakers question feasibility of California 2035 EV sales mandate plan

WASHINGTON, (Reuters) – Major automakers said on Wednesday that a California plan to end the sale of gasoline-only vehicles by 2035 might be unworkable in 11 other states that adopted it, citing insufficient consumer demand.

The Alliance for Automotive Innovation, which represents most major automakers except Tesla, raised concerns in comments filed with the U.S. Environmental Protection Agency on California’s proposal. Continue reading “Automakers question feasibility of California 2035 EV sales mandate plan”

Domestic manufacturing of semiconductors is the next big space: MeitY Secy

Domestic manufacturing of semiconductors is the next big space: MeitY Secy

Source : PTI | Domestic manufacturing of semiconductors is the next big space and many companies are expected to venture into this segment, a senior MeitY official said on Wednesday adding that a USD 2 billion digital economy is what India seriously needs. S Krishnan, Secretary of Ministry of Electronics & Information Technology (MeitY), while speaking virtually at the India Digital Summit (IDS) 2024 said the digital economy is expected to grow at a faster pace in the next few years.

“Semiconductors is the other big space. More companies are likely to come into the space…Our interest in semiconductors is open,” he said adding that in the next 5-10 years semiconductor manufacturing in the country is expected to come up in a big way. Continue reading “Domestic manufacturing of semiconductors is the next big space: MeitY Secy”

Simplifying Parts Identification and Ordering: AI Enhancements in Intelli Catalog

Simplifying Parts Identification and Ordering: AI Enhancements in Intelli Catalog

The world of spare parts management can be a labyrinthine maze for both Original Equipment Manufacturers (OEMs) and their dealer networks. Identifying and procuring the correct parts often involves navigating intricate menus, meticulously scouring technical specifications, and memorizing intricate part numbers – a process that is not only time-consuming but also prone to errors, ultimately leading to customer dissatisfaction.

Continue reading “Simplifying Parts Identification and Ordering: AI Enhancements in Intelli Catalog”

Toyota gives no answer to union demands at second round of wage talks

Toyota gives no answer to union demands at second round of wage talks

TOKYO, (Reuters) – Toyota Motor did not respond to a trade union’s wage demands in a second round of pay talks held on Wednesday, a senior union official said, keeping investors guessing about the outcome of closely-watched annual wage talks due to conclude on March 13.

For the past two years, the world’s biggest automaker by volume has accepted the union’s demands in full at the first meeting, which has long served as the pace-setter for Japan’s spring wage round called “shunto”. Continue reading “Toyota gives no answer to union demands at second round of wage talks”

VW Cars Create New National Records in Endurance Testing at NATRAX, Pithampur, MP, India

VW Cars Create New National Records in Endurance Testing at NATRAX, Pithampur, MP, India

By WAF Think Tank 

This was like a Special forces mission of the Motown!

The Mission – To set national speed endurance records over 24 hours in VW Cars!

The Battleground –The 11.3km long NATRAX – National Automotive High-speed Test tracks

The Weapons and Ammo – Two Volkswagen Virtus 1.5-litre GTs, one Virtus 1-litre MT, and two Taigun 1-litre ATs.

The Army –  Team EVO India, Media Teams, Team VW

Continue reading “VW Cars Create New National Records in Endurance Testing at NATRAX, Pithampur, MP, India”

RBI mandates lenders to provide Key Fact Statement to retail, MSME borrowers

RBI mandates lenders to provide Key Fact Statement to retail, MSME borrowers

Source : PTI | All lenders will now have to provide Key Fact Statement (KFS) about the terms of the loan agreement, including all-inclusive interest cost, to borrowers for retail as well as MSME loans, the RBI said on Thursday. Currently KFS is specifically mandated in respect of loans by commercial banks to individual borrowers, digital lending by RBI-regulated entities (REs), and microfinance loans.

Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said the central bank has announced several measures in the recent past to foster greater transparency and disclosure by the REs in pricing of loans and other charges levied on customers. Continue reading “RBI mandates lenders to provide Key Fact Statement to retail, MSME borrowers”

India for predictable trajectory to cleaner fuel for orderly energy transition

India for predictable trajectory to cleaner fuel for orderly energy transition

Source : PTI | India on Wednesday made a pitch for drafting a predictable trajectory to cleaner fuel for an orderly energy transition, saying a balanced and realistic dialogue is needed and not vilification of fossil fuel. Speaking at the India Energy Week here, Oil Minister Hardeep Singh Puri said the world’s third largest energy consumer is exploring options to diversify its oil purchases, including the possibility of picking up opportunity cargoes, such as those available from Russia and Venezuela.

The recent reforms in the sector, including diversification of sources of imports and changes in gas pricing mechanism, ensured that prices of petrol and diesel in India declined while the global prices were shooting up, he said.

Continue reading “India for predictable trajectory to cleaner fuel for orderly energy transition”

China’s new energy vehicle sales drop m/m for first time since Aug

China’s new energy vehicle sales drop m/m for first time since Aug

Summary

  • China’s Jan vehicle sales up 47.9% y/y, down 22.7% m/m
  • China’s Jan NEV sales up 78.8% y/y, down 38.8% m/m

BEIJING, Feb 7 (Reuters) – China’s new energy vehicle sales fell 38.8% versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market despite a renewed discounting push led by Tesla (TSLA.O).

Vehicle sales, including those exported, totalled 2.44 million units, up 47.9% from a year earlier but down 22.7% from December, the first such slide since November, according to data from the China Association of Automobile Manufacturers (CAAM).

Continue reading “China’s new energy vehicle sales drop m/m for first time since Aug”

India’s Russian oil import hits 12-month low but long-term appetite remains intact

India’s Russian oil import hits 12-month low but long-term appetite remains intact

Source : PTI | New Delhi: India’s crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation’s insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to data from energy cargo tracker Vortexa.

Russia however continues to remain India’s top oil supplier, accounting for a little less than a quarter of 4.91 million barrels a day of oil that the world’s third largest energy consumer imported in January.

Continue reading “India’s Russian oil import hits 12-month low but long-term appetite remains intact”

WAF in partnership with SIMF & AITD launch ‘Towards Safer and Inclusive Roads’

WAF in partnership with SIMF & AITD launch ‘Towards Safer and Inclusive Roads’

World Auto Forum & Safe India Mobility Forum organised a Roundtable Meeting of Industry experts today on Road Safety titled Road Safety Experts Roundtable. The theme was Towards Safer and Inclusive Roads.

Pan India Safety Experts participated, offline and online , heads of Govt Depts , IPS , IAS , heads of Dealer , OEMs, Mobility Related Bodies and Transport Associations.

Continue reading “WAF in partnership with SIMF & AITD launch ‘Towards Safer and Inclusive Roads’”