“HCL is ramping up its mining capacity to 12.2 million tonnes per annum (mtpa) with significant expansions at its all three mining unit,” he said. The push for renewable energy and electric vehicles is expected to boost domestic consumption of copper, according to Sanjiv Kumar Singh, chairperson and managing director of Hindustan Copper Ltd (HCL).… Continue reading EV and renewable energy push to increase domestic copper demand: Hindustan Copper MD
Author: Economic Times of India Online News
Toyota to move some GR Corolla production to Britain, sources say
Toyota is moving some production of its GR Corolla sports car to Britain and will spend around $56 million on a dedicated line there to build exports for North America, according to two people with knowledge of the matter. By shifting some production from Japan, Toyota aims to use excess capacity in Britain to help… Continue reading Toyota to move some GR Corolla production to Britain, sources say
Maruti Suzuki introduces EV training programme across 130 ITIs
For the initiative, the carmaker will invest ₹3.9 crore to address concerns about after-sales support and accelerate EV adoption. Maruti Suzuki India announced on Tuesday the launch of a comprehensive training programme across 130 Industrial Training Institutes (ITIs) in 24 states and four Union Territories to equip technicians with the skills to handle high voltage… Continue reading Maruti Suzuki introduces EV training programme across 130 ITIs
China steel subsidies ‘distort’ global market: OECD
China’s exports reached a record level of 118 million tonnes in 2024, while imports plummeted by nearly 80 percent to 8.7 million tonnes, according to the OECD. Subsidies that China grants to its steel makers “distort” the global market and hamper decarbonisation investment in the industry, the OECD said in a report published on Tuesday.… Continue reading China steel subsidies ‘distort’ global market: OECD
IIT Delhi advances in green mobility, smart materials and clean energy research
Rare-earth elements are typically expensive and difficult to source, which makes EV production costly and environmentally challenging. New Delhi: IIT Delhi is taking a green leap with innovations in electric mobility, smart materials, and clean energy. The projects include a cost-effective EV motor using fewer rare-earth elements, 3D-printed smart fabrics that respond to the environment,… Continue reading IIT Delhi advances in green mobility, smart materials and clean energy research
Republican vote against EV mandate felt like an attack on California
California has used that authority to build one of the world’s most powerful environmental agencies, the California Air Resources Board. There is little question that California leaders already see fossil fuels as a relic of the past. At the Southern California headquarters of the state’s powerful clean-air regulator, the centerpiece art installation depicts in limestone… Continue reading Republican vote against EV mandate felt like an attack on California
IIT Madras launches courses in chemistry, EVs
The MTech focuses on hands-on learning for 2W, 3W, and commercial e-mobility, while iBME targets innovation in AI-driven healthcare. IIT-M has launched undergraduate and postgraduate programmes for the 2025–26 academic year, including a BS in chemistry and an MTech in electric vehicles, aimed at preparing students for industry and research leadership. Admissions to the new… Continue reading IIT Madras launches courses in chemistry, EVs
MCA, Sebi discuss probe into Gensol Engineering
The corporate affairs ministry (MCA) also launched a separate probe into Gensol and 18 related entities, including EV cab service provider BluSmart Mobility. New Delhi: Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey has met corporate affairs secretary Deepti Gaur Mukerjee to discuss ongoing investigations into Gensol Engineering, among other regulatory matters,… Continue reading MCA, Sebi discuss probe into Gensol Engineering
Tata Motors global tax outgo at ₹38,892 crore in FY25
Updated On May 27, 2025 at 07:47 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Indirect contributions, including withholding taxes collected from employee/payroll taxes, stood at ₹12,189 crore in FY25, an increase of 31 per cent against ₹9,284 crore in 2023-24 fiscal. Tata Motors has paid ₹38,892 crore in tax and… Continue reading Tata Motors global tax outgo at ₹38,892 crore in FY25
Avoid metals segment for now despite decent results: Sandip Sabharwal
Sandip Sabharwal “On the commercial vehicle side, the cycle has been on a moderate growth cycle or a downturn sort of. Now, in the coming year the possibility of a positive surprise, I would say, is greater than that of negative surprise because one, as economic growth picks up, interest rates move down, it will… Continue reading Avoid metals segment for now despite decent results: Sandip Sabharwal