BorgWarner releases 2022 Sustainability Report, highlights substantial ESG progress

BorgWarner has released its 2022 Sustainability Report, “Charging Forward Together,” highlighting the significant steps taken toward meeting its environmental stewardship, social responsibility and governance (ESG) objectives and outlining additional goals the company has set for this year and beyond. The Sustainability Report underscores BorgWarner’s commitment to accelerating the world’s transition to eMobility to help build […]

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Olectra Greentech’s stellar FY22 performance

The company’s revenue jumped 85% quarter-on-quarter and 111% year-on-year on account of higher delivery of electric buses Olectra Greentech Limited, India’s leading electric bus manufacturing and e-mobility company, has announced a historical performance in terms of top-line and bottom-line. The company has recorded revenue from operations of Rs 268 crore for the quarter ended March […]

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Global automakers earmark ~$600 bn for EVs over next decade

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600bn to secure their position in the future automotive market, says GlobalData, a leading data and analytics company. Broadly, the investments announced focus on […]

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