Rare-earth magnet exports from China halved in April as companies grappled with an opaque application process for permits that sometimes require hundreds of pages of documents. A group representing auto suppliers in the United States called on Wednesday for immediate action to address China’s restricted exports of rare earths, minerals and magnets, warning the issue… Continue reading US auto suppliers say immediate action needed on China rare earths restrictions
Author: Economic Times of India Online News
India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will… Continue reading India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
Auto retail sales rise by 5.1% in May; PVs lag: FADA
In a survey of FADA members, 55.46 per cent anticipated flat demand for June 2025, while 31 per cent expected growth and 13.54 per cent forecast a decline. The Federation of Automobile Dealers Associations (FADA) has reported a 5.1 per cent year-on-year (YoY) increase in total vehicle retail sales for May 2025. According to the… Continue reading Auto retail sales rise by 5.1% in May; PVs lag: FADA
Auto ancillary stocks shift into top gear, but caution lights on
Published On Jun 6, 2025 at 08:11 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals This may impact Indian auto parts suppliers with global linkages like Bharat Forge, Sona BLW. Auto ancillary companies have generated higher investor interest over the past month amid buoyancy in the broader market. However, investors need… Continue reading Auto ancillary stocks shift into top gear, but caution lights on
EV cars, two-wheelers driving Lucknow closer to green goals
In all the nine localities, the air pollution levels were above the safe limits with Gomtinagar, Charbagh and Chowk being the most polluted localities. Gradual increase in the number of electric vehicles (EV cars and two-wheelers) on Lucknow roads in the last one year and other air pollution abatement measures have brought positive changes in… Continue reading EV cars, two-wheelers driving Lucknow closer to green goals
Need of 6,900 acre land, $9 bn investment by 2030 to set up EV infra: Report
The report further estimated 5,760 to 6,852 acres of land by 2030 to support EV manufacturing, lithium-ion battery plants, and public charging infrastructure. Nearly 6,900 acre of land and USD 9 billion investments will be required by 2030 for setting up facilities for EV (electric vehicle) manufacturing, lithium-ion battery production and public charging stations, according… Continue reading Need of 6,900 acre land, $9 bn investment by 2030 to set up EV infra: Report
Uber appoints Palo Alto CEO Nikesh Arora to board
Palo Alto CEO Nikesh Arora Uber has appointed Palo Alto Networks chief executive Nikesh Arora to its board, according to a filing with the Securities and Exchange Commission. He will serve on the Nominating and Governance Committee and Compensation Committee. Arora, 57, has been the Chairman of the board and chief executive officer (CEO) of… Continue reading Uber appoints Palo Alto CEO Nikesh Arora to board
Setco Automotive enters engine cooling segment with water pump launch
“This launch is a significant step in our journey to diversify and deepen our presence across the auto component value chain,” said Harish Sheth, Chairman and Managing Director of Setco Automotive. Setco Automotive Limited, an Indian manufacturer of medium and heavy commercial vehicle (MHCV) clutches, has announced the launch of its first automotive water pump,… Continue reading Setco Automotive enters engine cooling segment with water pump launch
TVS Motor appoints Sudarshan Venu as new Chairman and MD
Sudarshan Venu TVS Motor Company has announced that Sudarshan Venu will become the Chairman and Managing Director, effective August 25, 2025. He will succeed Ralf Speth, who will step down on August 22, 2025, after the Annual General Meeting (AGM) and transition to the role of Chief Mentor for three years. The decision acknowledges Venu’s… Continue reading TVS Motor appoints Sudarshan Venu as new Chairman and MD
Projects worth ₹35,000 crore underway under NHAI: Delhi CM
PWD will also look into it. Additionally, Rs 150 crore has been approved for Road Over Bridges (ROBs) and Road Under Bridges (RUBs),” Gupta said. Delhi Chief Minister Rekha Gupta on Wednesday said that major projects worth Rs 35,000 crore under NHAI are currently being built in the national capital, while earlier projects worth Rs… Continue reading Projects worth ₹35,000 crore underway under NHAI: Delhi CM