General Motors (GM) announced that it will not meet its target of producing one million electric vehicles (EVs) in North America by the end of 2025. Mary Barra, CEO General Motors cited a slower-than-expected development of the EV market as the reason for the delay. He acknowledged that the EV market is developing more slowly Read more: General Motors backs away from its 1 million EV sales target till 2025..
Honda Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025. This decision is part of the company’s plan to consolidate its output under the plant it runs in Prachinburi province. The Ayutthaya plant, which first opened in 1996, will instead be used to produce car parts. This move comes Read more: Honda Motor to halt vehicle production at Ayutthaya plants in Thai..
NexGen Energia, a Noida-based green energy solutions company, focused its expansion plans in the green energy sector. They have announced a ₹15,000 crore investment over the next 10 years to establish 5,000 green diesel and compressed biogas (CBG) pumps across India. NexGen Energia, this initiative aims to Reduce fuel imports by 30%, to create jobs Read more: NexGen Energia to invest Rs.15,000 crore in CBG pumps over next 10 years..