• May 23, 2017

    Electric Vehicles To Cut Fuel Costs by $60 Billion by 2030

    Accelerated adoption of electric and shared vehicles could save $60 billion in diesel and petrol costs while cutting down as much as 1 giga-tonne (GT) of carbon emissions for India by 2030.

    PSR Analysis: Leading EV manufacturers such as Tesla Inc. and Toyota Motor Corp. are showing interest in the Indian market and Nissan has announced plans to bring its best-selling EV Leaf to India. At the same time, the power and utility sector in India is rapidly changing: reducing dependence on >Read more

  • May 23, 2017

    Beijing Holds Its Breath as Ozone Levels Surge

    Beijing and parts of neighboring Hebei province and Tianjin were blanketed by smog infused with high levels of ozone recently amid a heat wave sweeping across parts of northern China.

    The concentration of ground level ozone peaked at 141 micrograms per cubic meter of air on May 19, 2017, data from the Beijing Municipal Environmental Protection Bureau showed.

     Source: Caixin             Read The >Read more

  • May 3, 2017

    UK Triggers Article 50 Requesting Exit from EU. Now What?
     

    Well, the UK has triggered Article 50, officially requesting to exit from the European Union. Since the Brexit vote nine months ago, the UK economy has grown at a higher rate than expected, prompted by the fall in the value of the pound. Exports have increased and consumer spending over the past six months has been strong. Employment is at an all-time high and the unemployment rate is at 4.7%. All looks good for the UK – but......

    Prices for materials and fuels paid by UK manufacturers for processing (input >Read more

  • May 3, 2017

     

    Japan Post, Honda Test Electric Delivery Bikes
     

    Japan Post Co., Ltd., and Honda Motor Co., Ltd., have signed a memorandum of understanding under which postal deliveries will be made using electric motorcycles instead of its current gasoline-powered delivery motorcycles.

    PSR Analysis: Japan Post has 24,000 post offices and 85,000 delivery bikes, a very large scale program in the Japanese bike market. If the post office converts all of its delivery bikes to electric power, this move could stimulate similar conversions in the general >Read more

  • May 3, 2017

    SC Bans Sale of BS-III Compliant Vehicles after April 1, 2017

    In a major setback to the Indian automotive industry, the Supreme Court has banned the sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. The automobile industry has an unsold BS-III vehicles stock of 8.24 lakh (824,000) units.

    PSR Analysis: In the previous emission norms transition, the ruling mentioned a cutoff date for production and not for sale. In this ruling, the court changed its applicability to sales which perplexed the industry. Hence, all BSIII vehicles in >Read more

Pages

Subscribe to RSS - Regions/Countries