TIET is dedicating 20,000 sq. ft. of lab space to host Verticals 1 and 2 of the BEST program, focusing on Mechatronics, Robotics & Automation, Industry 4.0, and Smart Manufacturing. Thapar Institute of Engineering & Technology (TIET) on Tuesday said it signed a Memorandum of Understanding (MoU) with Bajaj Auto to establish a Bajaj Engineering… Continue reading Thapar Institute signs pact with Bajaj Auto to set up ₹15 crore engineering skill centre
Author: Economic Times of India Online News
Climate-tech funding dips as VCs look for exportable solutions
The largest and the most popular climate-tech category, EVs, saw funding fall from $1.07 billion in 2024 to $512 million in 2025 YTD. Deal volumes also slowed from 55 to 42. Venture capital funding for climate-tech startups in India has declined for the third straight year. Total funding fell to $657 million in 2025 year-to-date… Continue reading Climate-tech funding dips as VCs look for exportable solutions
Mexican lawmakers to debate China tariffs proposal, may soften blow on steel and auto parts
The proposal would also affect India, one of Mexicos growing trade partners. India supplies pharmaceuticals, textiles, chemicals and auto parts, while Mexico exports oil, copper and agricultural goods to India. Mexican lawmakers are slated to begin debate this week on a bill to raise tariffs on goods from China and other Asian countries, three ruling… Continue reading Mexican lawmakers to debate China tariffs proposal, may soften blow on steel and auto parts
Renault, Ford announce strategic partnership to co-develop EVs, explore LCV alliance in Europe
The partnership aims to leverage Renault’s industrial scale and competitive EV assets while integrating Ford’s signature design language, driving dynamics and user-experience features. Renault Group and Ford Motor Company on Tuesday said they signed a major strategic partnership to accelerate their electric vehicle (EV) plans in Europe, marking one of the most significant cross-industry collaborations… Continue reading Renault, Ford announce strategic partnership to co-develop EVs, explore LCV alliance in Europe
Vingroup to invest $3 billion in Telangana across urban development, EVs and energy
Vietnamese conglomerate Vingroup has signed a memorandum of understanding (MoU) with the Government of Telangana for a $3 billion phased investment to develop a large-scale, multi-sector ecosystem in the state. The agreement was formalised during the Telangana Rising Global Summit and marks one of Vingroup’s largest overseas expansion commitments. Under the MoU, both parties will… Continue reading Vingroup to invest $3 billion in Telangana across urban development, EVs and energy
South Bengaluru emerging as Karnataka’s green capital
Till Oct this year, the region recorded 23,090 EV registrations, accounting for about 24.3 per centof the city’s total. As Karnataka accelerates its renewable energy transition, south Bengaluru is steadily emerging as the state’s clean-energy hub, driven by a sharp rise in both solar adoption and electric vehicle (EV) registrations. Unlike other regions of the… Continue reading South Bengaluru emerging as Karnataka’s green capital
Carmakers, rental and leasing firms urge EU to avoid mandatory EV fleet targets
Incentives were also needed for the second-hand EV market, given many leased cars are often resold after two or three years. Carmakers BMW and Toyota and auto rental and leasing firms from across Europe urged the European Commission on Monday not to set mandatory targets for electric vehicle purchases for corporate fleets, arguing it would… Continue reading Carmakers, rental and leasing firms urge EU to avoid mandatory EV fleet targets
AI-system to challan vehicles sans valid docus at Goa border checkposts
The move aims to curb the influx of unfit vehicles and ensure strict adherence to the Motor Vehicles Act. The state transport department’s AI-powered Goa Vehicle Authentication System (GoVA) will be operational at three major border checkposts — Keri, Patradevi and Pollem — from Dec 9. The system eliminates the need for manual checks by… Continue reading AI-system to challan vehicles sans valid docus at Goa border checkposts
India installs 39,485 public EV chargers under PM E-DRIVE; government outlines multi-scheme push for electric mobility
The PM E-DRIVE Scheme has also earmarked ₹2,000 crore exclusively for public charging infrastructure. India has installed 39,485 public EV chargers across the country under the PM E-DRIVE Scheme, according to inputs provided by Bharat Heavy Electricals Ltd (BHEL), the project implementation agency. Of these, 8,414 are fast chargers for electric cars, marking a significant… Continue reading India installs 39,485 public EV chargers under PM E-DRIVE; government outlines multi-scheme push for electric mobility
ASDC appoints Prabhu Nagaraj as Vice Chairperson, Rama Shankar Pandey as Treasurer
Prabhu Nagaraj The Automotive Skills Development Council (ASDC), the apex body responsible for skilling in India’s automotive sector, has announced two key leadership appointments aimed at strengthening the country’s workforce readiness for emerging mobility technologies. Prabhu Nagaraj, Operating Head – Corporate Affairs at Honda Motorcycle & Scooter India (HMSI), has been appointed Vice Chairperson, while… Continue reading ASDC appoints Prabhu Nagaraj as Vice Chairperson, Rama Shankar Pandey as Treasurer