Hydrogen fuel cell electric vehicles

Polestar is giving the public a glimpse of its future by showing off a development prototype of the Polestar 5 at the 2022 Goodwood Festival of Speed this week. The all-electric grand touring sedan is the latest iteration of the Polestar Precept concept that was first unveiled in 2020. "Polestar 5 is shaping up to be a superb 4-door GT and a true Polestar at heart," Polestar UK head of R&D Pete Allen said in a press release. "The platform combines low-volume performance car attributes with modern technological advances to bring light-weight, high-rigidity sports car chassis technology into mass production." It features a lightweight aluminum chassis, with the styling of a grand touring car. Eschewing the boxy design of the Polestar 2 sedan, the 5 opts for a more rounded approach, with boomerang headlights and thin tail lights at the edges of the car. Counterhinged "suicide" doors were featured on the Precept concept, which doesn't seem to appear on the 5. But what … [Read more...] about Polestar Sends its Electric Polestar 5 Grand Tourer Up Hill at Goodwood

By Geza Molnar BUDAPEST, June 24 (Xinhua) -- "Tele kerem szepen," meaning "fill up, please" is a sentence that will be seldom heard at Hungarian petrol stations until further notice, as the country's biggest petrol and gas company MOL has introduced new quantitative measures at its pumps. Starting Friday, the amount of fuel that can be purchased at one time has been limited to 50 liters per vehicle (from 100 liters previously), and when purchasing additional fuel in a can, the higher market price is applied at the filling stations, MOL said in a statement. Prices have been capped by the government at 480 forints (1.26 U.S. dollars) per liter since last November in Hungary, but the current market price of over 800 forints is also displayed and the lower price is valid for Hungarian residents only. "I saw this coming, and I am not happy," a middle-aged woman, Marta Stein, driving an SUV told Xinhua at a MOL filling station in a suburb of Budapest. "Now I must go and fill up … [Read more...] about Feature: Hungary’s petrol giant sets quantitative caps for car fuel

Chinese battery giant CATL will start mass production next year of its latest generation product, with greater efficiency that lets electric cars drive longer distances on each charge, the company said on Thursday. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, business and policy. Click here to subscribe for free.) The world's biggest battery maker is scrambling to retain its top position against competition from rivals such as BYD , which will soon start supplying batteries to Tesla. Also Read China's CATL unveils sodium-ion battery - a first for a major car battery maker CATL's new battery, called Qilin, will boost volume utilisation rate to 72%, the world's highest, versus 50% for its first generation launched in 2019, the firm said, and increase the battery system's energy density to 255 Wh/kg. But the firm did not say if any electric vehicle maker had placed orders for the new … [Read more...] about China’s CATL to produce next-generation EV battery in 2023

Industries and IT Minister K.T.Rama Rao met Foxconn Chairman Young Liu in New Delhi on Thursday and showcased the State, especially the policy initiatives for investors. Taiwan-based Hon Hai Technology Group, which is behind Foxconn, is one of the leading electronics manufacturing services (EMS) providers globally and largest suppliers for many top tier international customers. Foxconn has manufacturing units in Tamil Nadu and Andhra Pradesh. A release from the Minister’s office said Mr.Rao and Mr.Liu discussed Foxconn’s plans of expanding footprint in India. The Minister took the opportunity to pitch Telangana to the officials from Foxconn and briefed them about the initiatives taken by the State Government towards creating an enabling environment and infrastructure for fostering electronics manufacturing in Telangana. The State has emerged as a preferred investment destination for investments in electronics sector and boasts of a vibrant research and development and innovation … [Read more...] about KTR showcases Telangana to Foxconn

Electricity Minister K. Krishnankutty has stressed the need for affordable technologies to take clean energy to the masses. Speaking after inaugurating the Clean Energy Innovation and Business Incubation Centre (CEIBIC), a joint initiative of the Energy Management Centre, the Clean Energy International Incubation Centre and the Kerala Development and Innovation Strategic Council (K- DISC), here on Wednesday, he called on the scientific community to think of producing cheap electricity from thorium deposits in Kerala. Transport Minister Antony Raju, who presided over the function, said the government had joined hands with start-ups to convert diesel buses into electric vehicles. Delivering the keynote address, Industries Minister P. Rajeeve said the government was looking at ways to improve the link between academic and research institutions and industries. He urged start-ups to make use of the venture capital fund scheme launched by the government to come up with affordable … [Read more...] about Agency for promoting Clean Energy launched

At a time when the market looks destined to head towards the bear zone, how should you go about picking stocks when several quality stocks are lying alone at 52-week lows? The S&P BSE Sensex Index has fallen more than 15 per cent from its October high, nearing the 20 per cent loss that denotes a bear market. The selloff comes as climbing costs and a record plunge in the rupee have forced the nation’s central bank to join global peers in raising interest rates. The Indian stock market’s value is already down nearly 20 per cent from its January peak of about $3.7 trillion dollars. The unsupportive economic backdrop combined with an unprecedented exodus of foreign investors and earnings estimates that appear poised to tumble cloud the outlook for a rebound. In such a situation, with no signs of relief anytime soon, investors are confused on where to invest. Here are 5 short-term recommendations from Siddharth Sedani – vice president, Equity Advisory, Anand Rathi Shares, and … [Read more...] about 5 Stocks To Buy For Up To 26% Returns in Short Term Amid Volatile Markets

With IT, Industries and Municipal Administration Minister K. T. Rama Rao performing the bhoomi puja for VEM Technologies for its Integrated Defence Systems facility, spread across more than 500 acres, at Zaheerabad on Wednesday. The Telangana government has been wooing South Korean automotive giant Hyundai to set up a plant at the National Investment and Manufacturing Zone (NIMZ) in Nyalkal and Jarasangam mandals near Zaheerabad of Sangareddy district, about 120 kilometres from Hyderabad for the last few years. Police being Arresting Villagers For Nimz Issue at Zahirabad in Sangareddy District | Photo Credit: MOHD ARIF Preliminary discussions had already taken place with the company and it is expected to pump in about ₹1,400 crore. The Memorandum of Understanding (MoU) will be signed shortly for taking over about a 500-acre land for it, senior officials informed. British EV Tech start-up One Moto has also come forward to establish an electric vehicle unit as well as a … [Read more...] about The NIMZ bedlam

The Pakistani rupee (PKR) has been falling continuously; from 150 in April 2021 to 213 against the dollar on 21 June, an all-time low. Pakistan’s foreign exchange reserves have been depleting during the last one year. According to State Bank of Pakistan data, from $17.2 billion in June 2021, the net reserves with the SBP have come down to $8.9 billion in June 2022. The new government has already increased the fuel price — in late May and early June. Besides, the new budget has proposed resuming the petroleum development levy. This would mean increased oil and electricity prices, which has the potential to bring people to the streets. Earlier this month, citing “heightened external vulnerability risk” and the “ability to secure additional external financing,” the rating agency Moody’s downgraded Pakistan’s outlook to negative. The government-International Monetary Fund (IMF) talks have remained complicated. Will the IMF bail out Pakistan? The immediate future of Pakistan’s … [Read more...] about Pakistan’s economic muddling and the IMF challenge

On this sunny Friday afternoon, the classrooms of Propeller Technologies in Tiruchi’s Karumandapam area is packed with dreamers and thinkers. Children from government and private schools are huddled around workstations, trying to create products that may one day change the world. The Tiruchi-based edutech company has been conducting outreach programmes for school children in rural areas to increase awareness about STEM (science, technology, engineering and mathematics) concepts and their use in the real world. Aided by the launch of Atal Tinkering Labs in schools, and a desire to make the city a hub for regional innovators, Propeller Technologies has teamed up with bigger educational and scientific institutions to actively promote STEM education through its Young Innovator Programme. Students from private schools in Tiruchi — Montfort School, Kamala Niketan Montessori School, Sri Sivananda Balalaya, Alpha Wisdom Vidyashram and The Indian Public School — are collaborating with … [Read more...] about Youth innovation takes wings in Tiruchi with the help of STEM programme

A Russian thermobaric multiple rocket launcher that is mounted on a tank chassis fired at Ukrainian targets with devastating effects, according to reports from Russia military. The TOS-1A "Solntsepyok" vehicle, which has a multiple rocket launcher mounted on a T-72 tank chassis, is being deployed somewhere in Ukraine and reportedly firing thermobaric warheads at Ukrainian targets, as images reportedly show. The vehicle can be seen sporting a white "Z" daubed its side. The "Z" is one of the symbols, as well as the letters "V" and "O" that can be seen painted on Russian military vehicles taking part in the invasion of Ukraine. The footage then cuts to an aerial view, reportedly showing the missiles exploding as they hit the ground. The video then shows missiles being fired at night before the footage ends. The images were obtained Friday from the Russian Ministry of Defense (MoD) along with a statement saying that they show "the combat work of the crews of heavy TOS-1A … [Read more...] about Russia launches thermobaric warheads at Ukrainian targets: Report