Rising Attention To ESG As Carbon Credits Come Under The Spotlight

Rising Attention To ESG As Carbon Credits Come Under The Spotlight

ESG performance or compliance are fast becoming a priority for most corporates. Looking beyond their ambitious targets about achieving carbon neutrality by 2045 while the country may have set a carbon neutrality for a later date, ESG is driving carbon footprint reduction and a quest for sustainable future. As early followers of ESG processes rake in carbon credits, it is companies like Tesla that made billions of dollars from selling carbon credits than electric autonomous cars. 
Carbon credits are a key part of financial performance and has helped it to achieve carbon credits, It is the same with BYD of China. Raking in carbon credits as a manufacturer of electric vehicles, BYD, aided by the Chinese Government’s ‘Made in China 2025’ initiative, is finding itself in a position of advantage as it eyes the European market for expansion. 
BYD could soon sell more than 300,000 vehicles in Europe alone with its factory in Hungary scheduled to begin operation in 2026. The capacity at the plant would be gradually expanded to 300,000 vehicles per year against the background of the company selling 16,000 vehicles across Europe in 2022. 
But that is not all: With a clear edge in electric vehicles as compared to Europe, US or the rest of Asia, which has been sold in developing electric vehicle technology, Chinese automakers like BYD have begun to eye plants of European manufacturers like Volkswagen as they falter and cut the flab. 
As Volkswagen is forced to sell its facilities in Dresden and Osnabrück, work that has been lost is going the way of Chinese car companies. Scrambling to meet the EU’s strict 2025 emissions targets, European manufacturers are buying carbon credits from Chinese electric vehicle manufacturers like BYD, which have accumulated a lot of them. 
With Europe planning to fine Volkswagen Eur 1.5 billion for falling short of emissions compliance, it is a not time away that Chinese electric vehicle manufacturers look poised to not only dominate the European market but also build their vehicles in the heart of Europe in big numbers rather than export them from their home country.
Having developed the habit of keeping technology and innovation to themselves and in their home country, the Chinese automotive players are playing smart with their electric vehicle card. They are triumphing on the basis that they are too good at making electric vehicles much like they are not so good at making ICE vehicles. They lack the knowledge of metallurgy that is needed to build internal combustion engines, mentioned an electro-mechanical engineer in Germany. It feels like a punch to the gut, added another engineer from Europe as he explained how the US and European flocked to China to save costs and are being bought over almost by the same companies that they once collaborated with in search of a new, large market.
 

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    Yohan Poonawalla Receives ‘Vintage & Classic Car Vanguard Of India Legacy Excellence Award’ At VCCCI Annual Event

    Yohan Poonawalla Receives ‘Vintage & Classic Car Vanguard Of India Legacy Excellence Award’ At VCCCI Annual Event

    Billionaire industrialist Yohan Poonawalla was recently awarded the coveted Vintage & Classic car Vanguard of India Legacy Excellence Award at the Vintage and Classic Car Club of India (VCCCI) Annual Vintage Car Fiesta, held at the World Trade Centre in collaboration with the Directorate of Maharashtra Tourism and the Western India Automobile Association (WIAA). With this honour, Poonawalla keeps bringing India's automotive heritage to the attention of the world and encourages future generations of collectors and enthusiasts to honour and conserve the automobile's past.

    At the 2023 VCCCI Annual Vintage Car Fiesta, Poonawalla was named India's Motoring Ambassador to the World. This honour recognises his outstanding efforts to establish India on the world driving map as well as his unmatched commitment to the vintage car movement. Poonawalla's impressive collection of luxury, sports and antique cars includes some of the most recognisable automobiles in history. The centrepiece of his collection is his most recent purchase, the Rolls-Royce Phantom VIII Extended Wheelbase (EWB) and final Privacy Suite Phantom, which is the priciest automobile in India and among the most beautiful Rolls-Royces in the world. In addition, his collection includes vintage American muscle vehicles, Bentleys and Jaguars that have all been painstakingly restored to keep their historical significance.

    In his capacity as India's Motoring Ambassador to the World, Poonawalla has continuously raised the stature of the nation's illustrious automotive heritage abroad. He has received many honours and made India proud, thanks to his participation in prestigious international events like Salon Privé, Concours of Elegance Hampton Court, Concorso d’Eleganza Villa d’Este, RREC Annual Rally & Concours d’Elegance, Sandringham Pageant of Motoring, Valletta Concours, Icons Mallorca, Geneva International Motor Show Qatar and the storied Mille Miglia in the United Arab Emirates. Along with representing India's automotive legacy at these esteemed events, Poonawalla has won several vehicle races and rallies and taken first place in the world's premier auto exhibitions in the UK, Europe, the Middle East and other regions.

    Poonawalla said, "It is a privilege to be recognised as India’s Motoring Ambassador to the World and to receive this ‘Vintage & Classic car Vanguard of India Legacy Excellence Award’. Cars are more than just machines – they are pieces of history and art that deserve to be cherished and preserved. I am committed to showcasing India’s rich automotive legacy on the global stage and am deeply grateful to VCCCI and its partners for organising such a spectacular event."

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      Namma Yatri And EnAble India Join Hands With True Assistive Technology To Enhance Purple Rides

      Namma Yatri And EnAble India Join Hands With True Assistive Technology To Enhance Purple Rides

      Namma Yatri and EnAble India have joined hands with True Assistive Technology to enhance Purple Rides by introducing the TurnPlus swivel seat feature, which makes it easier for individuals with mobility challenges to enter and exit vehicles. The aim of this partnership is to make urban travel more inclusive.

      TurnPlus is an award-winning, simple-to-install seat mechanism that was introduced in 2017 and makes getting in and out of automobiles easier for persons with impairments or medical issues. It has undergone extensive testing and certification, guaranteeing comfort and safety. By March 2025, 300 cars will have TurnPlus seats installed in Bengaluru as part of a test effort to launch this function. With ambitions to shortly extend to additional locations, the business hopes to add 1,000 accessible vehicles over the course of the next six months.

      In order to make travel safe, comfortable and accessible for those with mobility impairments, visual impairments and deaf people, Namma Yatri established Purple Rides in October 2023 in partnership with EnAble India, a knowledge partner. Sensitised drivers who have received training to help passengers with impairments are offered by Purple Rides. Additionally, with features like ride preferences and driver assistance, the Purple Rides app is intended to be user-friendly for those with a variety of requirements.

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        Day 5 Roundup Of Bharat Mobility Global Expo 2025

        Day 5 Roundup Of Bharat Mobility Global Expo 2025

        The ongoing Bharat Mobility Global Expo 2025 continued to witness impressive participation from auto enthusiasts, students and the general public on its fifth day. Adding glamour to the fifth day were some of the Indian cricketers and Bollywood stars, who graced the various shows and elevated the excitement.

        SIAM hosted the 3rd International Symposium for Thriving Eco-Energy in Mobility (ISTEM) at New Delhi's Bharat Mandapam. Bringing together a number of distinguished speakers and dignitaries, the discussion's focus was ‘Future-Ready Solutions: Road to Carbon Neutralisation’ and its goal was to promote sustainable transportation. In order to achieve carbon neutrality in the transportation sector, the conference provided a forum for the discussion of creative approaches, concepts and solutions.

        Industry executives from the automotive, technology and mobility sectors, as well as heads of international engineering research and development and academia, came together at the Nasscom Mobility Tech Pavilion at the Bharat Mobility Global Expo 2025. With a focus on important topics like sustainable mobility and strong cybersecurity for connected cars, the pavilion established India as a leader in influencing the direction of mobility in the future.

        At the Auto Expo – The Motor Show 2025, prominent Indian cricketer Shubhman Gill and up-and-coming Bollywood star Vedang Raina were hosted by the Mercedes Benz India pavilion. The G580, an all-electric variant of the Mercedes G-Class that attracted notice with its G-Turn manoeuvre, was on display at the Mercedes outdoor pavilion. Bollywood actor Kartik Aaryan contributed to the glitz and excitement of the Auto Expo – The Motor Show 2025 by making a surprise visit at the Maruti Suzuki India Limited pavilion today. This was a part of the announcement made by Maruti Suzuki India Limited that Kartik Aaryan will be the Brezza's brand ambassador, kicking off the company's exciting new campaign, ‘More Power to Your Play’.

        Brands like Michelin, JK Tyre and MRF drew attention at the Tyre Expo 2025 with their imaginative installations. With their Play Zone, where guests could compete against one another on a computer console, Michelin enthralled guests. MRF ZLX set up a photo booth where guests could sit in a chair shaped like a tyre and snap photos with a digital image of Virat Kohli, who is MRF's brand ambassador. However, the JK Tyre stall's Formula 4 vehicle was the star of the show and capturing the interest of race fans of all ages. Along with other startups and mobility service providers, this cutting-edge display showcased innovative solutions that are influencing the direction of transportation. Contributors included Bosch, HCLTech, Tata Elxsi, KPIT, QuestGlobal and Capgemini.

        Today's successful conclusion of ‘The Components Show’ at Yashobhoomi in New Delhi highlighted India's developing automotive ecosystem and advancements made towards Aatmanirbhar Bharat. Highlights of recent days include the introduction and display of cutting-edge products and solutions, such as Novus Hi-Tech's DGMS-compliant safety technologies, ALP Group's revolutionary Paint Protection Films, BorgWarner's advanced EV solutions and ParaSafe's ground-breaking Jacket and Jeans, which represent a revolutionary leap in personal safety and mobility and are specifically made for motorcycle riders, delivery workers and high-risk users. ArcellorMittal Nippon Steel India displayed their goods and inventions at the steel pavilion, including the Battery Pack Solution, Double Door Ring and H Frame, among many others.

        Both industry participants and tourists demonstrated impressive engagement on the third day of the Bharat Construction Equipment Expo and the Urban Mobility Infrastructure Show. Today, Expo Mart in Greater Noida hosted a number of thought-provoking talks about the future of urban air mobility (UAM) in India and the CE sector that is propelling advancement and expansion. The 3rd CE Manufacturing & Supply Chain Summit was organised by iCEMA in collaboration with the Ministry of Heavy Industries, and the International Conference on Air Mobility, with the theme ‘Aerial Evolution: Shaping Tomorrow's Urban Air Mobility’, brought together policymakers, business executives and international industry experts.

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          Bharat Mobility Global Expo 2025 Continues The Momentum On Day 4

          Bharat Mobility Global Expo 2025 Continues The Momentum On Day 4

          The ongoing Bharat Mobility Global Expo 2025 continued its momentum with an impressive turnout of attendees on its fourth day. Being held at three venues in and around Delhi, the event continued attracting eager visitors who explored the latest technology and innovations while engaging with the diverse range of products and mobility solutions showcased by prominent companies and brands. Visitors can register for free via the Bharat Mobility mobile app, DMRC App or the District (by Zomato) app.

          SIAM held two conferences at New Delhi's Bharat Mandapam. Key government representatives, business executives, legislators, and scholars convened at the 11th Auto Trade Dialogue, which had as its topic the ‘Changing Paradigm of Global Trade Practices in the Auto Sector’, to talk about new developments, obstacles and prospects in the automotive trade environment. With the theme ‘Nature Positive Recycling – Systemic Transformation to Automotive Circular Economy in India’, the 3rd International Conference on Sustainable Circularity (ICSC) convened industry stakeholders to deliberate and plan how to incorporate circular economy principles into the Indian automotive industry.

          In order to promote bicycles and the micromobility industry, the Engineering Export Promotion Council of India (EEPC) held the India Cycle Show 2025 in Pragati Maidan. The event featured a variety of new bikes, interactive exhibits, test-drive tracks, and other activities. By displaying e-scooters, e-bikes and personal mobility equipment, Avon Cycles demonstrated its innovation in the expanding micro-mobility industry. The business will provide innovative goods, such as the E-Cargo Bike, an eco-friendly, effective solution designed for delivery riders, and TYKE, a brand specifically for children's riding. These developments are meant to transform delivery mobility and short-distance commuting.

          At the India Cycle Show 2025, Kross Bikes debuted a number of new models and the Esentia Series, which includes models for adults, women and children in the MTB, hybrid and fat bike categories. Additionally, the firm displayed a range of bicycle replacement parts and accessories made to match their bikes. An inventive prototype with a ground-breaking design that reimagines the conventional riding style was displayed by Helen Bikes Private Limited.

          The Bharat Battery Show, hosted by India Energy Storage Alliance (IESA), highlighted the future of energy in the automobile industry by showcasing state-of-the-art battery and storage technology. At the 2025 Bharat Mobility Global Expo, top companies in the battery, charging and EV solutions sectors set up shop. These included, among others, Vecmocon Technologies, Bolt Earth, Geon, Amaron and Neenjas Electric (EV Chargers). With the demonstration of a hydrogen-fuel-cell version of their well-known Hilux vehicle, Toyota Kirloskar Motor demonstrated its expertise in clean and sustainable mobility. The Toyota Hiolux FCEV combines the off-road capabilities of the Hilux pickup truck with the hydrogen engine technology seen in the Toyota Mirai car.

          The Indian Steel Association's International Steel Pavilion in Hall 4 showcased the most recent developments in automotive steel, emphasising lightweight, strong and sustainable solutions that are reshaping the automobile industry's future. Advanced technologies in lightweight, high-strength steel for automotive applications, environmentally friendly production methods and solutions for body structures, chassis and safety components from a variety of brands, including ArcellorMittal Nippon Steel India and JSW Steel Limited, were showcased in the pavilion.

          Leaders in construction equipment and mobility participated in innovative showcases, lively talks and professional insights at the India Expo Centre & Mart's Bharat Construction Equipment Expo and Urban Mobility Infrastructure Show. The Confederation of Indian Industry (CII) also hosted a number of conferences at the location today. Stakeholders from the public and business sectors gathered at the conference, which had as its topic ‘Co-Creating the Future of Mobility in India’ to discuss about the country's mobility future. The development of novel mobility goods, bolstering auxiliary sectors and creating sustainable infrastructure were the main topics of panel talks. The conversation also focused on how the mobility and automotive industries might help India reach its USD 1 trillion export goal and spur economic expansion. SANY India demonstrated its dedication to the 'Make in India' campaign. The company reaffirmed its commitment to independence and India's industrial ecosystem by showcasing its revolutionary electric machinery, localised production skills and sustainable solutions.

          Novus Hi-Tech, in collaboration with Eicher Trucks and Buses, introduced DGMS-Compliant Safety Solutions for mines on the fourth day of The Components Show. Additionally, in partnership with Grant Thornton Bharat LLP, ACMA released a report titled ‘Transitioning to EVs: Opportunities and Impediments for the Indian Auto Component Industry’, which explores the revolutionary potential that the global shift towards electric vehicles holds for India's automotive and component industry. ALP Group also revealed its innovative Paint Protection Film (PPF), which is intended to revolutionise vehicle protection, among other introductions. Meenakshi Polymers introduced the Cushion Backrest for Two-Wheelers, while MN Auto Products Pvt Ltd revealed the 'Super', their most recent creation.

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