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ARAI conducts first-ever electric two wheeler crash tests in India | Autocar Professional

Baua Electric

Automotive Research Association of India (ARAI), a testing agency under the Ministry of Heavy Industries (MHI), has completed a series of three crash tests on electric two-wheelers at its facility in Pune. The Indian government responded forcefully with new battery safety norms.

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

Green Car Congress

In a new study led by the International Institute for Applied Systems Analysis (IIASA), an international team of researchers developed a novel way to store energy by transporting sand into abandoned underground mines. The main components of UGES are the shaft, motor/generator, upper and lower storage sites, and mining equipment.

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EV ride-hailer BluSmart seeks USD 300 mn to expand car fleet – ET Auto

Baua Electric

BluSmart , India ’s biggest electric cab operator , wants to raise more than USD 300 million in three years to add thousands of cars to its fleet in its push to take on the likes of Uber Technologies Inc. Cheap rides, cheap quality, cheap service and cheap pricing are not our forte.” in the fast-growing market.

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Algenol closes on additional $25M internal equity financing

Green Car Congress

Algenol has recently commenced initial operations of a pilot commercial module at its Florida development campus, which builds on the successful launch of a demonstration project in India. This technology has the best chance of actually reducing carbon emissions while producing cheap fuel in the process.

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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

India has retained its position as the third largest car market in the world in 2023. 3 position, Japan made a resounding comeback in 2023, registering growth of 14% growth in 2023 as against India’s 8 percent. Japan ended the year a shade below 4 million units, whereas India sold 4.11 This has catapulted India to the No.

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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Facebook Steps Toward Cryptocurrencies

Cars That Think

But Novi seems unlikely to be able to capitalize on that value, as it has committed to charging zero fees for international transfers. And it's far from clear that people drawn in by cheap remittances will also use the app for everyday payments, particularly when they have to be made in cryptocurrency rather than local currency.

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