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India's Transport Revolution: EVs, Micromobility, and Hyperloop Dreams Take the Wheel
StartupTalky
·
1y ago
Medial
India's transportation sector is undergoing a major shift, with innovative technologies and disruptive business models reshaping how people and goods move across the country. The adoption of electric vehicles (EVs) is on the rise, supported by government incentives and a growing local manufacturing ecosystem. Micromobility solutions like shared scooters and bikes are playing a crucial role in decongesting urban areas. The potential of hyperloop technology for intercity connections is being explored, although feasibility studies and environmental assessments are necessary. The transportation experience is also being redefined through ride-hailing apps, logistics automation, and AI-powered efficiencies. However, challenges remain in integrating new technologies with existing infrastructure, addressing affordability concerns, and building a skilled workforce. A collaborative effort involving government policies, private investments, research, and public awareness is needed to create an efficient and sustainable transportation system for India's future.
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The startup that attempted to bring Elon Musk's futuristic hyperloop dream to life is shutting down
Business Insider
·
1y ago
Medial
Futuristic transport startup Hyperloop One, the company aiming to build Elon Musk's hyperloop transit system, is reportedly shutting down. The company is laying off employees and selling its assets. Despite raising over $450 million, Hyperloop One has faced financial challenges and shifted away from passenger travel. This closure is a setback for supporters of the hyperloop technology, which Musk had initially proposed. Hyperloop One did not comment on the reported shutdown.
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Diesel remains vital for India despite rising green fuel
Inshorts
·
2m ago
Medial
Despite a slowdown in diesel sales growth, the fuel remains critical for India's transport, agriculture, and industry sectors. Alternatives like EVs and CNG are rising, especially in cities, but diesel still dominates long-haul trucks and buses. Experts say green fuels are far from replacing diesel's utility in the next 6-7 years, making its exit anything but imminent.
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Rivian spinoff Also raises another $200M to build e-bikes and more | TechCrunch
TechCrunch
·
1m ago
Medial
Also Inc., a micromobility startup spun out of Rivian, has secured $200 million in funding from Greenoaks Capital, raising its valuation to $1 billion. It was initially funded with $105 million from Eclipse Ventures during its separation from Rivian. Originating as Project Inder, it collaborated with Jony Ive’s firm LoveFrom on an e-bike. Now independent, Also aims to develop various micro-EVs and plans to unveil new designs later this year.
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Indian Railways and IIT-M join forces for Air Mobility Revolution
Inshorts
·
5m ago
Medial
Railway minister Ashwini Vaishnaw has reportedly announced that the ministry will collaborate with IIT-Madras to develop vertical take-off and landing vehicles. The project will be funded by the Ministry of Railways and will look to promote innovative means of travel. He made the comments while virtually addressing the closing ceremony of the Global Hyperloop Competition 2025.
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Honda India To Launch Maiden Electric Scooter By March 2025
Inc42
·
11m ago
Medial
Honda Motorcycle & Scooter India (HMSI) aims to achieve one-third of its total sales from electric vehicles (EVs) by 2030. This comes after Transport Minister Nitin Gadkari's statement that India will surpass one crore annual EV sales by 2030. Besides, the EVs may come with additional features like a touchscreen infotainment system, connected features, and keyless operation.
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IIT-Madras incubated ePlane receives DGCA certification for its e200X airtaxis
Economic Times
·
6m ago
Medial
The ePlane Company, an IIT-Madras-incubated startup, received Type Certification from India's Directorate General of Civil Aviation (DGCA) for its electric Vertical Take-Off and Landing (eVTOL) e200X aircraft, marking a first in the Indo-Pacific region. With plans to launch air taxi services by 2026, ePlane aims to transport over 500,000 people daily within three years. The certification recognizes the aircraft's high safety standards and supports India's commitment to innovative, sustainable urban mobility.
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Key insights from PM Modi's discussion with Bill Gates on AI, women empowerment, climate concerns
Money Control
·
1y ago
Medial
Prime Minister Narendra Modi and Bill Gates recently discussed India's focus on artificial intelligence (AI), the digital revolution, and initiatives empowering women. Modi highlighted the link between AI and everyday life, India's strategic focus on AI, and the Namo Drone Didi scheme empowering women. He also discussed India's digital revolution and concerns about AI misuse. Gates acknowledged the challenges of AI but expressed optimism about its potential. Modi highlighted India's inclusive approach to hosting the G20 Summit and efforts to democratize technology.
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India to consider additional 10% tax on diesel engine vehicles
Reuters
·
1y ago
Medial
India's Road Transport Minister, Nitin Gadkari, has proposed an additional 10% tax on diesel vehicles to reduce fuel emissions and pollution. He warned automakers of even higher levies if they don't transition away from diesel. Currently, India imposes a 28% tax on diesel vehicles with additional "cess" based on engine capacity. Gadkari's comments sparked discussion among auto executives, with some describing it as a "bombshell." Pollution is a growing concern in India, and the government has been promoting electric vehicles (EVs) with tax incentives.
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PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata Motors
YourStory
·
11m ago
Medial
Indian automakers Mahindra & Mahindra and Tata Motors have praised the PM e-drive scheme, a project aimed at promoting the adoption of electric vehicles (EVs) in India. With a total budget of INR 14,335 crore, the scheme includes the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme and the PM-eBus Sewa-Payment Security Mechanism (PSM) scheme. Both companies believe that the scheme will boost EV penetration in the country and accelerate India's transition to zero-emission mobility. The scheme offers subsidies and incentives for various EV categories, including electric two-wheelers, three-wheelers, ambulances, trucks, and buses.
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India emerges as a global leader across key sectors in 2024
Livemint
·
7m ago
Medial
In 2024, India emerged as a global leader in pharmaceuticals, biotechnology, defense, nuclear energy, space, and technology sectors. Pharmaceutical exports reached $28 billion, and biotechnology expanded 13-fold to $130 billion. Landmark advancements included India's indigenous antibiotic, Nafithromycin, and CAR-T cell therapy, NexCAR19. Defense and nuclear capacities significantly increased, alongside space achievements like Chandrayaan-4 and Gaganyaan. Infrastructure innovations, including Hyperloop tests and electronic tolling, highlighted India's focus on sustainable growth and technological advancements.
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