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Car buyers in NCR shunning old vehicles to embrace greener options, ET Auto

Car Buyers: Replacement demand for vehicles in the NCR has shot up by 30%, outpacing a 22% increase reported countrywide, they said. This has come along with a marked shift away from diesel to more environment-friendly options like CNG, electric and strong hybrid vehicles. The share of diesel in new car sales in the NCR declined to 5.8% this fiscal year from 7.5% in FY23 and 8.8% in FY22. CNG, once used mostly in buses and taxis, now accounts for 20.7% of new vehicle sales.
New Delhi Tamil Nadu Andhra Pradesh Uday Chawla Shailesh Chandra Shashank Srivastava

Looking back: Porsche in 2023

January One-two victory for Porsche 99X Electric Gen3 at the Formula E season opener Just like in 2022 the TAG Heuer Porsche Formula E team achieved a brilliant one-two result in Mexico City and made a strong start to the Formula E season. The Porsche customer squad Avalanche Andretti won the opening round of the ABB FIA Formula E World Championship in Mexico City with its driver Jake Dennis. For the TAG Heuer Porsche Formula E Team, the works driver Pascal Wehrlein, the 2022 winner in...
Laguna Seca Mexico City Distrito Federal City Of United Kingdom Pascal Wehrlein

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Investment in Pinnacle Mobility, an Indian Company Developing Mobility Electrification Business under the EKA Brand

Mitsui & Co., Ltd. (Mitsui, Head Office: Tokyo, President and CEO: Kenichi Hori), along with major Dutch EV bus manufacturer VDL, has invested in Pinnacle Mobility Solutions Private Limited (Pinnacle Mobility), an Indian company that produces and sells electric buses and electric small commercial vehicles under the EKA brand. India is aggressively promoting a policy to popularize EVs as a countermeasure to its serious air pollution problem. By 2030, the government aims to make EVs acc...
Sudhir Mehta Head Office Mitsui Co Ltd Indian Company Developing Mobility Electrification Business Pinnacle Mobility Solutions Private Limited Company Profile

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