COVID19

How COVID-19 Has Demonstrated The Value Of Renewable Energy

As COVID-19 swept the globe, it has put hundreds of thousands of lives at risk and threatened to collapse the world’s strongest economies. But there is always a silver lining. In this case, COVID-19 did wonders for our environment. Ducks were seen walking on the streets of Paris, rivers have never been cleaner and air pollution levels were at all-time lows. So, despite the economic hit, all this mess hopefully made us realize the value of renewable energy.

Drop In Global Energy Demand And Carbon Emissions

Businesses across the world were put to a halt as the lockdown measures kept half of the world’s population in quarantine. This is estimated to cause a fall in global energy demand by 6%. Consequently, this year’s carbon emissions are set to decline by around 8%.

China is the world’s largest consumer of electricity and its factory shutdowns entail that 2020 will likely have

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How Covid-19 Is Re-Shaping the Automotive Landscape

The Coronavirus (Covid-19) pandemic continues to ravage the world, dealing significant disruptions to industries everywhere, including our beloved automotive industry.

With land travel being a major factor in ensuring that everything in the world runs smoothly, it can be said that the automotive industry is also a ‘frontliner,’ so to speak.

Unfortunately, this ‘frontliner’ is one of the most affected service provider that we have. The entire automotive supply chain has been compromised, from manufacturing, to distribution, delivery, and sales. The dramatic drop in productivity is completely changing how car brands operate. To cite a few examples, some car launches are now being held online, and the pageantry of F1 races have been relegated to the virtual world.

So, how else is the Covid-19 crisis changing the automotive landscape as we know it? Here are some of the positive and (mostly) negative forecasts from industry pundits.

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COVID-19 lockdown literally stopped India’s entire population from buying vehicles

Talk about discipline. The Indian government’s massive lockdown plan has been so successful in India that not one–as in zero–of its 1.3 billion population bought a single vehicle in the country for the entire month of April. 

According to Business Today, this is the first time that the India’s “US$120-billion automobile industry registered an unprecedented zero sales in the domestic market in the month of April”.

And while there were a number of exports and tractor sales that were registered during the lockdown — such as Mahindra, which exported around 56 units of tractors and sold 4,716 units last April, these figures are not included in the scope of the lockdown because tractors are considered an essential component needed in “agricultural activity.” 

Prime Minister of India

According to the Society of Indian Automobile Manufacturers (SIAM) car makers has been losing an average revenue loss of Rs 2,300

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