Effective March 31, the layoffs account for approximately 2% of Stellantis' worldwide workforce in engineering, technology, and software roles and will receive a separation package and assistance with transitioning. Read more.
Ev Transition: Electric vehicles in India offer lower lifetime costs. Small passenger EVs are cost-effective. Electric buses have economic advantage. High-speed segment of electric three-wheelers require support. Heavy trucking sector s shift towards EVs is viable post-2030. EV adoption faces barriers like resale value, charging infrastructure, financing, consumer hesitations, and accessible financing.
The shift towards EVs is in line with Volvo s aim to become a fully electric car company by the end of the decade. "The vision for Volvo is very clear: by 2030, Volvo is heading towards becoming an electric car company. This is exclusively centred around battery electric vehicles," Malhotra told media persons.
Electric Cars: New Delhi, Feb 25 (IANSlife) Going green has become a global mantra after many years of continuous advocacy and occupying the front burner of multilateral and international deliberations. It is a consensus worldwide that fossil fuels, such as oil, gas and coal, form the major source of carbon (Greenhouse Gas) emissions, notorious for causing environmental pollution, depletion of the ozone layer, and triggering global warming and climate change concerns.
Ev Incentives: Also on offer are cash grants for EV battery cell manufacturers, the government said, adding the policies would reinforce Thailand s status as an EV manufacturing hub. "This will significantly increase the adoption of electric trucks and buses, reduce pollution from the transportation and manufacturing sectors, and support companies moves to reach their net-zero targets," the government said.