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Joy e-bike maker to develop hydrogen scooter, eyes global expansion | Autocar Professional

Baua Electric

Sanjay Sablok, President, Operations, at Wardwizard Innovations & Mobility Limited, while speaking with Autocar Professional on the sidelines of an industry event, revealed plans to develop a hydrogen-fuelled electric scooter within the next 2–3 years.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles. ACMA officials noted that India has signed 13 free-trade agreements in the last five years, improving trade with other nations. “The

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

ACMA , the apex body of the Indian auto component industry, has shared this data from its Global Automotive Aftermarket Research Report , conducted in partnership with leading advisory firm Ernst & Young. This insight was revealed ahead of the 5th ACMA Automechanika New Delhi, at the Bharat Mobility Global Expo 2024.

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8 development banks commit to provide more than $175B to scale up support for sustainable transport

Green Car Congress

The ADB made the announcement on behalf of the MDBs at the Rio + 20 event in Rio de Janeiro. Global CO 2 emissions from the transport sector are projected to increase nearly 50% by 2030 unless significant changes are adopted. —ADB President Haruhiko Kuroda.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

The Tenth Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar today. The event is scheduled to be held from January 10 to 12, 2024 and the theme is Gateway to the Future. Over 50 Global CEOs including senior officials from the semiconductor, aerospace, and defence sectors, have confirmed their participation in the summit.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

The draft report says that as the global economy’s center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the current 27%, as well as half of global trade and investment. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.

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