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Hyundai commence study for smart mobility in India

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 ...

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 ...