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NEWS

Panasonic to establish battery unit in India

apan’s Panasonic Corp is stations and telematics platform for
exploring opportunities to set up electric three-wheelers.
Ja facility for assembling lithium- Almost all electric vehicles (EVs)
ion (li-ion) battery modules in India. in India run on imported Chinese
Panasonic will initially assemble batteries, mostly from China.
batteries for two- and three-wheelers At present, a lithium-ion battery
as the Union government wants to accounts for 40% of the total cost
push for a shift towards electrification of an EV. Lithium also has other uses
in these two segments. The company such as in mobile phone batteries
will also invest in setting up charging and solar panels.

J& K to introduce LMC

n order to bring in fast-paced and Hazuribagh to Osmanabad —
infrastructure development, the through Srinagar, is to be built at a
ICentre has decided to fast-track cost of Rs 5,108Cr.
the state’s first Metro project. The The Centre has already appointed
Light Metro Corridor, which will infrastructure development
run 25 km in two sub-corridors enterprise RITES as the nodal agency
— Indira Nagar to HMT Junction to complete the project.

‘Metro Neo’ for Nashik

he Maharashtra government system could be upgraded to light
has given a green signal for rail transit (LRT) system subsequently,
Ta state-of-the-art Mass Rapid when the ridership goes up.
Transit System for Nashik City. The The electricity-run coaches is
system, Metro Neo, is an innovation designed to make the project
of Maha-Metro in which elements of financially viable in the tier-II city. The
the tram, metro, bus and BRTS have model is cost-effective and cheaper
been integrated into a hybrid model. than the Metro. The project will be
The coaches will have the comfort executed at an estimated cost of Rs
of the Metro coaches, but will run on 2,100Cr will be jointly implemented
tyres and not rails. The swanky metro by Maha Metro, City and Industrial
coaches will operate on electricity & Development Corporation (CIDCO)
battery and ply on elevated viaducts and Maharashtra Industrial
with state-of-the-art terminals. As the Development Corporation (MIDC).
coaches will run on tyres, it will come The routes are planned in a way that
down through a ramp, and operate it will connect important locations
around the city as a feeder route. The including railway stations, MIDC, etc.

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