Author: News Desk
Usain Bolt’s startup ‘Bolt Mobility’ stops operations in the US. Olympic gold medalist Usain Bolt is its co-founder. Bolt Mobility abruptly disappeared from several US markets. Such as Portland, Oregon, Burlington, Vermont, and California. The startup is not responding to queries, too. In May, it raised an undisclosed amount from Ram Charan Company. Ram Charan Company is a Chennai-based firm. Bolt Mobility was present in over 50 markets across the US. Nobody knows the reason for this sudden disappearance.
As India is gearing up for the launch of 5G, people are quite excited about the features of the fifth-generation mobile networks. How is it going it change your life? Here are a few pointers. Of course, the highlight of 5G is its higher speed. With 5G, you can download up to 10 GB per second. This is much faster than the current speed of 4G in India. For instance, a 5 GB movie can be downloaded in 35 seconds using 5G. If you are using 4G, it will take 40 minutes. The higher speed also ensures live video broadcasts in 4K quality, better and higher quality video calling.…
India needs more EV charging stationsBy 2030, there should be 46,000 EV charging stationsOnly then India will hit the global benchmarkReported a white paper by Alvarez and MarsalThe paper was launched at The EVConIndia 2022Currently, India’s EV charger ratio is 135That means, one charger for 135 EVsThe ratio is 6 for China and the NetherlandsEV adoption faces some challenges, tooSome are affordability, range anxiety, supply chain, and product safety & quality
Elon Musk plans to build a private airport in TexasThe airfield will be east of Austin, near BastropMusk is yet to confirm itMusk’s several companies are based in TexasThey include SpaceX and the Boring CompanyAlso, in December, Musk shifted his Tesla HQ from Silicon Valley to TexasThe airport could be useful to these companies
Oppo will invest $60 million (approx ₹ 476 crore) in SMEs and MSMEs in India. It will help “strengthen” the “local supply chain” network for smartphones. Through the project Vihaan oppo is planning to make investments in phases over a period of five years.
YouTube’s new Edit into a Short toolIt will help you take 60 seconds of your existing YouTube video and convert it into a ShortWith the help of the same editing tools to add text, filters, and moreThis comes after YouTube’s recent ability to convert vertical-format videos into ShortsOnce a Short is made out of a long-form video on YouTube, the original video will be linked back tooIt will enable creators to promote their YouTube videoThe Edit into a Short tool is now rolling out to Android and iOS users
Akasa Airline is a new entrant in the aviation industryIt has a new-age Boeing 737 Max aircraftOne of the fuel-efficient and greenest aircraft in the worldAkasa promises very affordable fares for customersAlso, warm, friendly, and comfortable customer serviceAkasa’s focus will be on metros and tier II and tier III cities
Reliance Industries Ltd’s (RIL), Ola Electric and Rajesh Exports Limited have signed the Program Agreement under (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage.These companies will receive incentives under India’s ₹18,100 crore program. In addition to the capacities allocated by the Ministry of Heavy Industries under the PLI Program, private players are expected to create battery manufacturing capacity to the tune of ~95 GWh.
Story of Savitri Jindal, India’s Richest Woman Savitri Jindal is an example of perseverance and confidence. India’s richest woman, she chairs the famous Jindal group. Her interests include steel, power, cement, and infrastructure. In the last two years, her net worth tripled from $ 4.8 billion to $17.7 billion. Born on March 20, 1950, in Assam’s Tinsukia town, she married OP Jindal in 1970. Om Prakash Jindal, popularly known as OP Jindal, launched the successful business empire Jindal Steel and Power. Savitri Jindal took over the reins of the Jindal business at the age of 55 following the demise of her husband in a helicopter crash in 2005. At the same time, she also joined active politics. Savitri became…
Electric bike startup ‘eBikeGo’ to start manufacturing plant. It will be done via its subsidiary Vajram Electric. The unit will cater to its Muvi and Velocipedo brand of EVs. It will develop a two-wheeler powertrain for various vehicle configurations. It will also manufacture multiple futuristic product portfolios. Catering to both Indian and international markets eBikeGo is now present in seven cities.