Simple Energy Makes India’s First Rare Earth-Free Motor
Simple Energy, a Bangalore-based company, announced that it has started commercial manufacturing of electric motors. The company has made a significant move and has become India’s first original equipment producer without using heavy rare-earth magnets. This development comes as China imposes restrictions on exports of heavy rare earth elements, disrupting the Global EV supply chain. …
Yash Sharma
Crude Oil Slips Continuously Amid Raging West Asian War
It has been almost 2 weeks since Israeli forces entered the Gaza Strip. With the war raging between Israel and Hamas, many experts expected oil prices to surge, but contrary to popular belief, the oil prices are slipping continuously. On Wednesday, oil prices fell almost 4% to a 3-month low with Brent crude oil selling…
Chandan Kumar