The industry leaders also called for the need to streamline indirect and direct tax policies to improve sectoral competitiveness. The Society of Indian Automobile Manufacturers (SIAM) held its second Automotive Taxation Conference with discussions on the role of tax policy in supporting the sector’s growth and contribution to the economy. The event brought policy and… Continue reading SIAM Automotive Taxation Conference: Experts call for stability in tax regime
Author: Economic Times of India Online News
The backbone of the global auto supply chain is at risk from Trump’s tariffs
In the world’s largest car-producing countries such as Japan, Germany & S Korea, thousands of small and midsize parts suppliers form the backbone of mfg sector. In a factory in Hekinan, a seaside town southwest of Tokyo, machines spit hot metal rods into baskets. On a recent Monday, afternoon light poured in through yellowed windows,… Continue reading The backbone of the global auto supply chain is at risk from Trump’s tariffs
Nearly 30% of private cars on Delhi-Chandigarh highway using annual pass
While Gadkari has maintained that people need to pay for good service, it’s responsibility of NHAI & other highway organisations to ensure roads are in good condition. Nearly 30 per cent of private cars and jeeps taking the Delhi-Chandigarh highway are using the FASTag Annual Pass, which is three-fold higher than the share of the… Continue reading Nearly 30% of private cars on Delhi-Chandigarh highway using annual pass
Hyundai Motor plans to invest $26 billion in US; expand auto, steel and robotics operations
As part of the plan, Hyundai will build a steel plant in Louisiana with an annual production capacity of 2.7 million tonnes. South Korea’s Hyundai Motor Group on Tuesday announced plans to raise its investment commitment in the United States to $26 billion over the next four years, with a focus on steel, automobiles, and… Continue reading Hyundai Motor plans to invest $26 billion in US; expand auto, steel and robotics operations
Andhra Pradesh sees steady rise in EV registrations
Automobile retailers and the public attribute the growing demand for EV adoption to the increasing fuel costs and high maintenance costs of vehicles that run on fossil fuels. The adoption of electric vehicles (EVs) for daily commutes is gaining traction across Andhra Pradesh. In the first quarter of FY 2025–26 alone, 5,789 EVs were registered… Continue reading Andhra Pradesh sees steady rise in EV registrations
FADA seeks early GST rollout to protect festive auto sales
FADA further sought clarity on the utilisation of accumulated cess credits once cess is removed. Automotive dealers’ body Federation of Automobile Dealers Associations (FADA) has urged the government to advance the rollout of the new Goods and Services Tax (GST) structure, warning that the uncertainty is hurting festive season sales. The GST Council, chaired by… Continue reading FADA seeks early GST rollout to protect festive auto sales
Delhi and Oslo forge ‘DOSTI’ partnership to drive e-mobility
Delhi stands to benefit from Oslo’s global leadership in developing public charging infrastructure, while Oslo can learn from Delhi’s remarkable progress in deploying electric buses. The Delhi-Oslo Smart Transport Initiative (DOSTI) partnership has been announced between the capitals of India and Norway. The collaboration, unveiled at the India Clean Transportation Summit (ICTS) 2025, aims to… Continue reading Delhi and Oslo forge ‘DOSTI’ partnership to drive e-mobility
Audio interview| From proof of concept to profit: The keys to successful global vehicle launches
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Exponent Energy unveils redesigned charger with 15-minute rapid charging
Exponent Energy launches next-gen P4 charging station with upgrades to support 15-minute rapid charging. Exponent Energy, a full-stack energy company building battery packs and charging stations, on Monday launched its next-generation P4 charging station, featuring a revamped design and engineering upgrades to support its 15-minute rapid charging technology. According to the official press release, the… Continue reading Exponent Energy unveils redesigned charger with 15-minute rapid charging
VinFast India partners with State Bank of India to power EV financing
VinFast Auto India signs MoU with SBI to provide retail car financing ahead of its EV launch. VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation’s largest bank, to provide retail car financing through its exclusive dealer network. The… Continue reading VinFast India partners with State Bank of India to power EV financing