

Sterling Gtake Partners with China Firm for EV Tech
Sterling Tools, through its subsidiary Sterling Gtake E-Mobility (SGEM), has announced its entry into the electric vehicle (EV) segment with On-board Chargers and DC/DC converters.SGEM has signed a Technology License and Supply agreement with Landworld Technology Co., China, to locally manufacture On-board Chargers, DC/DC converters, and Multi-Function Units. These units combine On-board Chargers, DC/DC converters, and Power Distribution Units (PDUs), and are essential for the electrification of passenger and commercial vehicles. Manufacturing will take place at SGEM’s EV campus in Faridabad..

Delhi to Clear Rs 1.4 Billion EV Subsidy Backlog
The Delhi government will soon begin clearing pending electric vehicle (EV) subsidy dues of about Rs 1.4 billion, officials said. Transport Minister Pankaj Singh stated on Monday that the department will verify all subsidy applications to address a backlog accumulated over the past two years. A dedicated portal is also being prepared to facilitate the disbursement.This action follows a High Court order on 3 September directing the Delhi government to immediately release subsidies promised to EV buyers. The court noted that procedural hurdles cannot delay payments and emphasised that the 2020 D..

Concord Secures Rs 194.5 Million Kavach 4.0 Order
Concord Control Systems rose 2.66 per cent to Rs 2,679.90 after its associate arm, Progota India Private Limited, received its first order for the Kavach 4.0 system, valued at Rs 194.5 million, from South Central Railway, Secunderabad.The contract covers the design, development, supply, installation, trial, and commissioning of onboard Kavach equipment for locomotives, as well as trackside Kavach equipment. The project is expected to be completed within 18 months, paving the way for large-scale implementation of advanced railway safety solutions. Upon completion, Concord will be among the few ..