M&M bets big on EVs, doesn’t rule out hybrid foray
Utility vehicle major Mahindra & Mahindra (M&M) has not ruled out the adoption of hybrid technology in the future but is currently focused on pure electric vehicles (EVs), where it is making heavy investments.

TVS Motor's Singapore subsidiary invests USD 5.5 mn in Ion Mobility
TVS Motor Company's subsidiary, TVS Motor (Singapore) Pte. Ltd., has boosted its investment in Ion Mobility Private Limited, a Singapore-based tech and automotive OEM. This move aims to bolster TVS Motor Company's efforts in driving the premium electric ecosystem across Southeast Asia.

Manufacturers of electric vehicles lukewarm to new subsidy scheme
The Rs 500 crore Electric Mobility Promotion Scheme (EMPS) 2024 was announced by the Ministry of Heavy Industries on Wednesday for four months from April 1 to July 31.

Popular Vehicles IPO subscribed 45% on day two of offer
The initial share sale of Popular Vehicles and Services Limited got subscribed 45% on the second day of subscription on Wednesday. The INR 601.55 crore-Initial Public Offer (IPO) received bids for 65,31,800 shares against 1,44,15,110 shares on offer, as per NSE data.

EMPS: Recertification of OEMs, vehicles a pain point in new subsidy scheme
The EMPS was notified on Wednesday evening after the Union Cabinet cleared it earlier in the day. The scheme has an outlay of INR 500 crore for four months till July 31 and about 3.72 lakh electric two and three-wheelers will be provided subsidy. This scheme has come after persistent industry demand for continued incentivisation of EV purchase, specifically by electric two wheeler OEMs, but its contours have already started creating discomfiture within the industry.

Bidding adieu to iconic auto designer Marcello Gandini
One of the best known masters of car designs is no more. The legendary designer at Lamborghini Marcello Gandini passed away on Wednesday. He was 85. Born in Turin to an Orchestra Conductor in 1938, his designs orchestrated absolute panache and poise.

New vehicles in Telangana will now use 'TG' prefix
New vehicles in Telangana will now use 'TG' prefix in registration numbers as the new Congress government has changed the state's abbreviation.

India among top 5 mkts, says DHL
New Delhi: Global logistics major DHL Express on Wednesday said it will invest over INR 1,600 crore in India in next five years, taking note of the country’s rapid economic growth and expectations of its connectedness rising “swiftly” in coming years.

Mobility startup Pumpumpum secures INR 2 cr headed by Inflection Point Ventures
Inflection Point Ventures has announced an investment of INR 2 crores in Pumpumpum- a Fintech mobility startup. The funds will be allocated for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development for greater visibility, and sustained success of the enterprise.

EVs cheaper to own in long run than ICE cars in India but bumps ahead: BNEF
An electric vehicle (EV) works cheaper to own in the long run than an internal combustion engine (ICE) model across most vehicle segments in India but concerns over resale value, availability of charging stations and lack of affordable financing remain a barrier in faster adoption, a sneak peak into BloombergNEF's latest report shows.

Bharat Mobility Global Expo 2025 dates officially announced
After the success of the first edition of the Bharat Mobility Event, the ministry of commerce and industry decided and announced that next year all  automotive events in the country will emerge with Bharat Mobility Expo. In 2025, this annual event will be held from 17- 22 January at three different venues of Delhi i.e. Bharat Mandapam (Pragati Maidan), Yashobhoomi (India International Convention and Expo Centre, Dwarka) and India Expo Mart (Greater Noida), simultaneously.

Rs 500 cr electric-mobility scheme shows govt's continued thrust on EV: Experts
Heavy industries ministry announces Rs 500 crore scheme to promote e-mobility in country

PV or CV at TN plant? Tata Motors will take a call based on market trend

“They are keeping the options open, and market trends will determine it (the type of vehicles the plant will make). They will quickly come up with a detailed report on that,” Rajaa said.

Vehicle scrapping policy hits speed bump
Mumbai: An internal audit by the Union government has found that states have made little progress in implementing the vehicle scrappage policy announced in 2021, leading to the stalling of a programme that aims to phase out old, polluting vehicles, said one person in the know.

How can you get your old vehicle scrapped and claim the advantages- Read here for more details
The Road Transport Ministry estimates that voluntary scrapping of vehicles can lead to 15-20% reduction in emissions due to vehicular pollution. But the lack of awareness and adequate scrapping facilities across the country are two roadblocks coming in the way of faster adoption despite the tax advantages for the customers. While data at the end of 2023 indicates that 49,770 Vehicles have been scrapped till date under Vehicle Scrapping Policy and 44 registered vehicle scrapping facilities are operational across 15 States, how easy is it to get my vehicle scrapped if I wanted to? Well, calls to some established dealerships in Western India, especially Maharashtra drew a blank. 

Creta N Line vs Seltos X Line comparison
The Hyundai Creta N Line is the sportiest option in the segment, with tweaked suspension, a powerful engine, and a throaty exhaust. However, if you’re looking for something similar but not a Hyundai, what else is available? The answer is the Kia Seltos X Line, which has a similar recipe and comes from the same South Korean manufacturer. Here’s how they compare.

CEO's Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda
Edited excerpts:

The proliferation of EVs could make decarbonization harder to achieve
India’s electricity consumption is growing at nearly 9% per year, faster than real gross domestic product (GDP). That is understandable, since economic growth involves rapid urbanization, which is electricity- intensive. It is also possible that in the near-term, GDP growth has higher energy intensity beyond electricity. Given that energy or electricity in India is still dominated by coal and other fossil fuels, carbon emissions are going up, even in per capita terms. Until India reaches middle-income status, it is difficult to imagine how its GDP growth can be less energy- and carbon-intensive. India’s annual coal consumption is close to a billion tonnes and will rise to 1.4 billion by 2030. The load factors of our thermal plants are improving somewhat, slowing down coal demand growth. The projection factors in the expansion of renewable-energy capacity to 450 gigawatts by 2030 and assumes that India will keep its climate pledge of having at least 40% of its power-generation capacity from non-fossil fuels by then.

Qualcomm accelerating efforts to bring GenAI capabilities to Edge devices, says company’s India head Savi Soin
If Nvidia is providing the AI horsepower needed for data centres and servers worldwide, semiconductor major Qualcomm wants to capture the AI-on-Edge market and is focused on working toward making AI-enabled chipsets for smartphones, computers, modems, and other Edge devices. Speaking to businessline, Qualcomm India president Savi Soin says the company is well poised to capture the market of bringing Generative AI to smartphones and other Edge devices, and looks forward to serving more Indian customers with the expansion of the Chennai centre. Excerpts of the chat:

Lead-acid batteries most successful example of circular economy…strong reason to continue innovating: Amara Raja ED
Amara Raja Energy & Mobility Limited is among the largest lead-acid battery manufacturers in India, clocking in a revenue of over Rs 10,000 crore in FY23. In response to the clean energy transition, they are also diversifying through their new energy business, which deals with lithium-ion technologies. Harshavardhana Gourineni, Executive Director (Automotive & Industrial) at Amara Raja, speaks to Aggam Walia about the rise of lithium-ion, the future of lead-acid, entry of new players in the battery market, and the building circular supply chains.

TKM commits to employ more women in manufacturing operations
Toyota Kirloskar Motor (TKM) has announced focused efforts to enhance gender diversity and Inclusion in its operations. Contributing to the larger goal of “Skill India Mission”, the company is also implementing a series of innovative initiatives aimed at not only enhancing the skillset of women but also empowering their holistic development.

Kia Clavis spied testing in India for first time
The compact SUV space, including the sub-4 metre segment, is a highly desirable category for Indian car buyers. Over the last years, OEMs have been trying to encash on the consumer sentiment towards SUVs by bringing in new models that align with the body style. 

Globe Toyota sees SUVs and hybrids driving double digit sales in 2024
SUVs have powered best-ever February sales for auto OEMs as per the recent SIAM data. Well, even on the retail side, SUVs are the ones flexing the sales muscle. One of the leading Toyota dealers, Globe Toyota is confident of double-digit growth next fiscal and sees hybrids being the absolute gamechanger.

With 44% growth in subscriptions, Maruti Suzuki to expand the model across India
Mumbai: Indian automaker Maruti Suzuki’s subscription model saw a 44 per cent growth in FY24 YTD taking the overall user base to over 10,000. The company started the subscription model in 2020 wherein instead of buying a car at full price, consumers can subscribe the vehicle for between one and four years and pay monthly rent including insurance, vehicle cost, maintenance and roadside assistance. Brezza, Baleno, Grand Vitara, and Ertiga contribute 53 per cent to the overall subscriptions.

Maruti Suzuki Subscribe adds 5,000 customers in FY2024, crosses 10,000 subscriber milestone
Maruti Suzuki India, has announced that its subscription program christened ‘Maruti Suzuki Subscribe’ has crossed the significant milestone of 10,000 new car Subscription sales since its inception in July 2020, signalling towards a growing demand for tailor-made car buying options.

Honda Amaze, Elevate and City to get a price hike from April 2024: Report
Honda Cars India is set to implement a second round of price hikes across its model lineup starting April 2024, following an earlier increase in January, as reported by HT Auto. This forthcoming increment will impact all three of the company's models: Elevate, City, and Amaze.

Customs office issues directive to Maruti Suzuki for alleged import violations
According to the order, the company is accused of misclassifying items under different HSN codes, resulting in a discrepancy in tax payments. As a consequence, the company has been instructed to pay a sum of INR 27.87 lakh covering differences in tax amounts, fines, and penalties.

Citroen to scale up sales network in India to over 200 outlets by this year end
Citroën plans a large network expansion in 2024 to boost sales

MG files trademark for Excelor EV— upcoming subcompact electric SUV?
Morris Garages (MG) is known to boast a long list of electric vehicles (EVs) in their global portfolio, and the company is reportedly planning to bring some of them to India as well. Although most of the EVs are rebadged iterations of models sold in China by parent company SAIC, with an MG logo they inherit a global appeal.

Maruti Suzuki eVX electric SUV spotted testing! What to expect
Maruti Suzuki India Limited's foray into the electric vehicle market took a significant stride as their inaugural electric model, the eVX, made an appearance at Auto Expo 2023. Anticipation has been building since then, with enthusiasts eagerly awaiting its slated launch in 2025. Recently, the excitement peaked as spy shots surfaced, capturing the eVX in testing on Indian roads.

Stealth mode: Suzuki has a game plan up its sle(EV)e for India, and the world
In Japanese, ‘suterusumōdo’ is the expression used for working in stealth mode. And looks like the Japanese parent of India’s No.1 carmaker, Maruti Suzuki, has something similar up its sleeve.

CESL issues Rate Contract for 1,000 electric cars
Convergence Energy Services Limited (CESL), completely owned subsidiary of Energy Efficiency Services Limited (EESL), which is under Ministry of Power, has placed a Rate Contract for a 5-year lease of 1,000 electric cars, on a pan-India basis.

Life lessons in Finnish snow : The Audi Ice drive
 

Alexander Schoen appointed as Chief Financial Officer of Daimler India Commercial Vehicles
Daimler India Commercial Vehicles( DICV) has appointed Alexander Schoen as Chief Financial Officer with effect from March 1. He replaced the former DICV CFO, Manish Thakore who moved tp a new role at Daimler Truck Financial Services North America.

Sonalika to invest Rs 1,300 crore in Punjab towards new assembly plant and high-pressure foundry
Sonalika Tractors, one of the leading tractor manufacturers in the country laid the foundation stone for two new plants in Hoshiarpur, Punjab.

Top 5 most fuel efficient 150-160cc bikes in India
Although the Indian market has warmed up to performance in recent years, mileage still remains one of the most desired attributes for a vehicle buyer, especially for two-wheelers. With the growth of the 150-160cc category of sporty commuter motorcycles in the last few years, let us look at the top five most fuel efficient models in this space.

Greaves Electric launches Eltra City electric autorickshaw
Greaves Electric Mobility, a leading electric two- and three-wheeler manufacturer has launched the Greaves Eltra City, an electric three-wheeler passenger vehicle. The company says the Eltra City builds on the success of Eltra Cargo.

Uno Minda allots 55,600 equity shares to employees under stock option scheme
Uno Minda Limited, has recently announced the allotment of 55,600 equity shares to its employees. The allotment came following the exercise of options under the Uno Minda Employee Stock Option Scheme 2019.

Bharat Forge plans to raise up to INR 500 cr through NCDs, term loan
New Delhi: Bharat Forge, one of India’s leading forging companies, plans to raise up to INR 500 crore through non-convertible debentures (NCDs) and term loan.

Gurugram-based startup AHODS Tech wins grand prize at finale of Uber Sustainovate
Uber announced on Thursday the winner of 'Uber Sustainovate’, its Startup Challenge looking for innovative solutions to fast track the adoption of sustainable mobility in India.

For Atmus, India is key to next phase of global growth
The CEO of Atmus Filtration Technologies, Steph Disher, believes that India will be a strategic growth lever going forward.

Tata Tech appoints Sukanya Sadasivan as new COO
Tata Technologies, a leading global engineering and product development digital services company has announced the appointment of Sukanya Sadasivan as its new Chief Operating Officer (COO).

CEAT announces new board appointments and committee recast
Sarwate, serves as an Independent Director on the boards of prominent companies such as Asian Paints, Mahindra Finance, FSN E-Commerce (Nykaa), and Hexaware, specializing primarily in audit committee roles. He has held directorship positions in listed companies since 2005, with prior engagements at Mindtree and International Paper. He is a qualified Chartered Accountant, Cost Accountant, and Company Secretary, with additional recognition as a CII-Fulbright Fellow from Carnegie Mellon University, USA, in 1996.

MHI, IIT Roorkee ink MoU to establish EV Centre of excellence and industry accelerator
New Delhi: The ministry of heavy industries (MHI) and the Indian Institute of Technology, Roorkee (IIT Roorkee) have signed a memorandum of understanding (MoU) to foster innovation in the automotive and electric vehicle (EV) sector, with a combined investment of INR 24.6645 crore.

ARENQ appoints Avnish Arora as Strategic Business Advisor
New Delhi: ARENQ, a leading manufacturer in the energy storage battery sector, appoints Avnish Arora as Strategic Business Advisor. In this pivotal role, Avnish will spearhead ARENQ's energy storage business (BESS) and battery solutions across industrial segments, including Oil & Gas, Power, Solar and Renewables, Telecom, IT & Data Centers, Railways & Metros, Defense, and Aerospace.

inDrive secures additional $150 million from General Catalyst to expand business
inDrive, a leading global mobility and urban services platform has announced the expansion of its financing arrangement with General Catalyst to $300 million (Rs 2,500 crore), up from the initial $150 million (Rs 1,250 crore) secured in 2023.

Creador to pickup 19.6% stake in Hinduja Tech for $50 million
Hinduja Tech (HT), a mobility-focused global engineering R&D services company and a subsidiary of Ashok Leyland, the Indian flagship of the multi-billion dollar conglomerate the Hinduja Group has announced the signing of a definitive agreement for Creador to invest $50 million (Rs 416 crore) acquiring 19.6 percent shareholding in the company, which is subject to completion of customary closing conditions.

Genesys International, Veritas bag BMC Rs 155 crore deal to create 3D city model and map stack for Mumbai
Genesys International Corporation, one of the leading homegrown players in mapping technology, along with Veritas, has secured a deal from the Brihanmumbai Municipal Corporation (BMC) valued at Rs 155 crore.

EV makers will have to give 3-year warranty on batteries
Electric Vehicle (EV) manufacturers will have to provide a three-year warranty for batteries under the new subsidy scheme, Electric Mobility Promotion Scheme (EMPS), aimed at promoting green mobility, details of which were made public on Thursday. They will have to also make sure that there is an ecosystem for after sales service of batteries to prolong the lives of the people. Batteries in EVs account for nearly 40% of the cost of the vehicles.

BluSmart has 7000 EVs in its ride hailing service fleet
BluSmart, a leading born-electric, full stack, vertically integrated eMobility ride hailing service and EV charging infrastructure network, Thursday said that it has 7,000 EVs in its fleet comprising . Tata Tigor EV, MG ZS EV, BYD E6. They are operating in Delhi NCR and Bengaluru.

Ultraviolette launches new Supernova DC fast charger– now charge F77 in 60 mins
Ultraviolette has announced the launch of its new fast-charging network named UV Supernova. Within the new UV charging ecosystem, the 6 kW offering is introduced as Supernova, while its 12 kW counterpart is designated Supernova Plus.

Cut in fuel prices will boost consumer spending: Oil minister
Govt-run fuel retailers on Thursday slashed prices of petrol and diesel by INR 2 per litre. In a separate post on X, the oil ministry said the latest reduction will "boost consumer spending and reduce operating costs for over 58 lakh heavy goods vehicles running on diesel, 6 crore cars and 27 crore two-wheelers". Petrol and diesel prices have remained frozen since May 22, 2022 when the Centre last reduced excise duty on them. This was the second excise duty reduction in seven months that had followed a similar move on Nov 4, 2021.

Petrol, diesel prices slashed by ₹2/litre, effective March 15
Fuel price cut by ₹2/litre on March 15: Petrol now ₹94.72/litre in Delhi, diesel at ₹87.62/litre. Check your city
mint

Ultraviolette Supernova fast chargers reduce charging time to 60 minutes
Source Credit: Autocar India

Ultraviolette has launched its new DC fast charging infrastructure called the UV Supernova.  This will be quicker than the Boost charger that takes four hours to full charge the e-bike and the standard charger that roughly takes double the time. 

Tata Motors commits Rs 9,000 crore investment to new Tamil Nadu plant
Source Credit: Autocar India

Tata Motors has signed an MoU with the Tamil Nadu government to establish a cutting-edge vehicle manufacturing facility, committing an investment of Rs 9,000 crore over a period of five years. However, the carmaker did not specify what cars will be built at the plant.

Electric Mobility Promotion scheme in effect from April post FAME 2 expiry
Source Credit: Autocar India

Settling the uncertainties around the future of subsidies for electric vehicles, the Ministry of Heavy Industries has unveiled a new scheme named Electric Mobility Promotion Scheme 2024 to continue subsidies for electric two and three-wheelers. The scheme comes with a total outlay of Rs 500 crore and is valid for four months: from April 1 to July 31.

New Renault Duster-based pickup in the works
Source Credit: Autocar India

Renault has shifted its focus on an all-new Duster-based pickup truck after unveiling the Duster SUV internationally earlier last month. This new pickup truck will be a more practical and slightly larger replacement to the Duster Oroch, which was based on the outgoing Duster.

MG trademarks Excelor EV nameplate in India
Source Credit: Autocar India

MG Motor India has trademarked the ‘Excelor EV’ nameplate in India, which could possibly be the carmaker’s third EV in our country. The trademark was applied for in December 2023 and has been “accepted and advertised”. MG currently has the Comet EV and ZS EV on sale in our market.

Lamborghini Countach designer Marcello Gandini dies at 85
Source Credit: Autocar India

Legendary car designer Marcello Gandini, who shaped some of the best known and most revered Italian cars of all time, has died at the age of 85.

Aprilia RS 457 deliveries to begin this month
Source Credit: Autocar India

Deliveries for the hotly anticipated Aprilia RS 457 will begin this month. Dealers are set to receive the bikes in the coming days and 100 units will be delivered by the end of March.

Citroen service, sales network to grow to 200 outlets this year
Source Credit: Autocar India

Citroen India has announced a network expansion programme that aims to establish 200 sales and service touchpoints across the country by the end of 2024, up from its current 58 touchpoints. This will help the French carmaker expand its network footprint by 400 percent in India.

Kia Clavis SUV India testing begins
 

Tata Punch facelift spied for the first time
 

Cost-cutting program at Volkswagen brand bears first fruit
Volkswagen said on Thursday that operating profit for its core mass-market brands increased by 80% last year, in a sign that closer cooperation between them is bearing fruit.

Volkswagen Unveils ID.3 GTX and ID.7 GTX Tourer
Volkswagen is expanding its range of sporty GTX models. As a double world premiere, the new ID.3 GTX and ID.7 GTX Tourer models are now the first to make their debut. The two highly dynamic Volkswagen models will be launched soon with an individual exterior design, including their own front and rear light signatures, sporty design details in the interior and powerful performance drives. The sportiest models from the all-electric ID. product line have already borne the GTX label since 2021 – based on the dynamic Volkswagen models with the designations GTI, GTD or GTE.

Volkswagen says tough market to weigh on car sales growth in 2024
Volkswagen expects a 3% rise in its car sales this year, down sharply from 2023 amid a gloomy economic outlook and growing competition.

Yellen says Biden tax credits boost clean energy investment in coal country
U.S. Treasury Secretary Janet Yellen said on Wednesday clean energy investments in parts of the country with an historical reliance on coal have more than doubled to USD 4.5 billion per month due to Biden administration tax credits that target such communities.

US grants USD 750 mn for hydrogen projects across 24 states
The U.S. Department of Energy said on Wednesday it is granting USD 750 million to projects across 24 states that are building capacity to produce and use clean hydrogen.

Tesla slips as Wells Fargo warns of waning effect of price cuts over demand
Tesla shares dropped about 2% on Wednesday after Wells Fargo raised concerns over the waning impact of price cuts by the world's most valuable automaker on the demand for its electric vehicles and downgraded them to "underweight".

Polestar cuts starting prices for its upcoming model as EV demand falters
Swedish electric-vehicle maker Polestar Automotive Holding on Wednesday cut the base price of its Polestar 3 model by more than 12% and launched new variants, as it prepares to counter lackluster demand.

Subaru and Aisin to collaborate on eAxles for next-generation EVs
Subaru Corporation and Aisin Corporation have agreed to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development.

Shell to cut about 20% of jobs in deals team amid push for cost savings
Shell Plc will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter.

Schaeffler and Vitesco enter into merger agreement
Schaeffler and Vitesco have entered into a merger agreement, following the approval of their respective Supervisory Boards.

Nissan could seek partnership on EVs with Honda, Japanese media say
Nissan Motor is considering seeking a business partnership with Honda Motor , TV Tokyo reported on Wednesday, while the Nikkei business daily said they could collaborate on electric vehicles.

Hyundai, Kia to recall 1.7 lakh EVs over charging software issue in Korea
Hyundai Motor and Kia will voluntarily recall nearly 170,000 electric vehicles (EV) to address a software error in the charging system, the government said on Thursday.

Ford has big goals for software sales to small business truck fleets
HomeTown Services, a heating and cooling repair company in Tulsa, Oklahoma, is getting ready to install driver monitoring cameras in some of its trucks, and already uses streamed data to remind drivers not to sit too long in idle vehicles, wasting gasoline.

GM EVP of global manufacturing and sustainability Gerald Johnson to retire after 44 Years
General Motors has announced the retirement of its long-serving executive vice president of Global Manufacturing and Sustainability, Gerald Johnson, after a distinguished 44-year tenure at the company. Replacing him as the new executive vice president is Jens Peter (JP) Clausen, an industrial leader with vast expertise in global manufacturing, product engineering and scaling operations. GM also announced that Mike Abbott, executive vice president of Software and Services, will be stepping down due to health reasons.

Musk visits Tesla's sabotage-hit German factory
Elon Musk travelled Wednesday to Tesla's factory near Berlin to lend his workers "support" after the plant was forced to halt production by a suspected arson attack on nearby power lines.

EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

China's Nio and CATL team up to develop longer life batteries
Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs.

China EV maker Nio has completed 40 mn battery swaps so far
Chinese electric vehicle maker Nio has completed 40 mn battery swaps so far, CEO William Li said on Thursday, replacing depleted batteries with fully charged packs, rather than plugging the vehicle into a charging point.

Albemarle to auction lithium as part of push for price transparency
Albemarle, the world's largest producer of lithium for electric vehicle batteries, said on Wednesday that it will hold several auctions to sell supplies of the metal as part of a push to boost market transparency.

China lithium boom slows as sagging prices batter high-cost miners
A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China's mining of the ultralight metal which together with a costly extraction process is prompting a reassessment of output growth and new project plans.

Belgian farmer sues TotalEnergies for climate damages
A Belgian farmer on Wednesday sued French oil and gas giant TotalEnergies, demanding compensation for damage to his farm caused by climate change.