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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale. Higher repair costs also weighed on the company’s overall fleet maintenance expenses. Excluding items, Hertz reported a loss of USD 1.28

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Suzuki and SkyDrive start production of ‘flying cars’ in Iwata, Shizuoka, Japan – ET Auto

Baua Electric

In addition to the aircraft to be used at the Expo 2025 Osaka, Kansai, Japan, aircraft for sales to customers will be manufactured at this plant.

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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 Exicom Tele-Systems is a power management solutions provider and operates under two business verticals — EV (Electrical Vehicle) charger solutions business and power solutions business.

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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

VinFast said in a statement on Wednesday that it would reveal details of its plans at “an appropriate time” Vietnamese electric vehicle maker VinFast is set to open its first Indian manufacturing facility, where it will make batteries, in the southern state of Tamil Nadu, three people familiar with the matter said.

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Hindustan Zinc may put off demerger – ET Auto

Baua Electric

Also, the government doesn’t want any uncertainty around HZL to spook investors ahead of its plan to offload a part of its stake in the miner through an offer for sale in FY25, one of them said. “The company’s proposal to the government also lacked the details as to how any such demerger will actually benefit shareholders.

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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

Digital technology companies often test technology on customers before it is ready for sale. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post At CES, legacy automakers scramble to keep up in AI arms race – ET Auto appeared first on Bauaelectric Auto News.

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Lawrence Livermore publishes state-by-state energy/water Sankey diagrams

Green Car Congress

coal, natural gas, geothermal and nuclear) into electricity. Hydropower: The gravitational potential energy of water which fell as precipitation on elevated land is converted to electricity in hydroelectric turbines. The wastewater treatment industry is also a major consumer of electricity.

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