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  • Relectrify, which is holding talks with battery manufacturers and distributors, sees potential to eventually help improve performance of batteries for the auto sector, in addition to energy storage.

    "As far as Tata Motors is concerned, we want to establish ourselves as leaders in the EV space. We have taken up the mission that we should be ahead in terms of EV technology," Tata Motors President Electric Mobility Buisness Shailesh Chandra told in an interview.

    J​​apanese auto maker Honda is gearing up for a possible launch of electric scooters and is set to ship in one from China soon to start feasibility studies. HMSI plans to understand Indian customer requirements, in terms of vehicle performance and infrastructure, through the feasibility study.

    The members said that companies operating in the power utilities segment are currently cashstrapped and hence they haven’t been able to buy power from manufacturing companies. To add to the issues, the members said the country has not been investing in the current infrastructure to plug energy leakage and ensure lastmile delivery to consumers.

    The Board of Directors of NTPC Ltd, in its meeting held today has noted that the in-principle approval accorded by the Cabinet Committee on Economic Affairs (CCEA) in their meeting held on November 21, 2019, for strategic sale of entire equity stake held by the Government of India in NEEPCO and THDC to the NTPC Ltd, along with transfer of management control.

    The Indian market is expected to witness enhanced interest and demand for battery electric vehicles (BEVs) and connected vehicles going forward.

    VS Parthasarathy, Group CFO, M&M says electric vehicle infrastructure will push the auto revival. That is what 5 million connected people in this industry will be looking forward to.

    Mahavitaran seeks to impose extra charge on green housing societies.

    The Nikkei share average slumped 2.03 per cent, its biggest percentage fall since Aug. 26.

    "Infrastructure is not growing at the rate at which it should. It’s a mixed picture. There is a slowdown in awarding of orders, both by the public sector and private sector. Payments are delayed, but we don't have any bigticket payments (that are) due," says Sunil Mathur, managing director and chief executive officer, Siemens India.

    The transportation sector is said to comprise about 20% of global greenhouse gas emissions. Reduction of emissions from motor vehicles, which comprise about 90% of the sector, is thus paramount for the attainment of the target.

    Under the agreement, Siemens Ltd. will acquire approximately 99 percent of the equity share capital of C&S Electric Limited for around Rs. 2,100 crore (EUR 267 million). The buyout will pave the way for the establishment of a design and manufacturing hub in India, supporting the export of electrification solutions to fast-developing markets around the world, said a company statement.

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