South Korean auto major, Hyundai, has announced the commencement of the feasibility study for fuel cell electric vehicles (FCEV) in India. The announcement was a part of Hyundai’s Strategy 2025 roadmap and their quest to be a smart mobility solution provider from just a vehicle manufacturer. The company aims to electrify most new models by 2030 in important markets South ...
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Punjab signs MoU with Virgin Hyperloop One
The Punjab government signed a memorandum of understanding (MoU) with Dubai-based Virgin Hyperloop One to conduct a pre-feasibility economic study for Amritsar-Ludhiana-Chandigarh routes. According to Virgin Hyperloop One, the project will reduce travel time from five hours by road to less than 30 minutes on the Amritsar-Ludhiana-Chandigarh route. The memorandum of understanding (MoU) was signed by K Siva Prasad, Principal ...