Power management company Eaton Corp said on Monday it will spin off its Vehicle and eMobility businesses into a separate, publicly listed company, sharpening its focus on its electrical and aerospace segments. The Dublin-based company said the spin-off, structured as a tax-free transaction, is expected to be completed by the end of the first quarter… Continue reading Eaton to spin off Vehicle and eMobility businesses, focus on electrical and aerospace
Author: Economic Times of India Online News
EU-India trade pact lowers car import tariffs, but India remains a tough market for Europe
European carmakers facing pressure from higher US tariffs and intense price competition in China are set to gain some relief as India and the European Union prepare to sign a trade agreement that sharply lowers import duties on cars. According to Reuters, under the deal, tariffs on EU-made car imports will be reduced to about… Continue reading EU-India trade pact lowers car import tariffs, but India remains a tough market for Europe
Nickel market plays the Indonesia’s numbers game: Andy Home
Nickel prices have been on an explosive rally as the market bets that Indonesia, the world’s largest producer of the battery metal, will hit the brakes on its runaway output growth. London Metal Exchange (LME) three-month metal has motored higher from a mid-December low of $14,235 per metric ton to a January 14 peak of… Continue reading Nickel market plays the Indonesia’s numbers game: Andy Home
Road accidents in Punjab reduced by 48% since Feb 2025: CM Mann
The success of this initiative has garnered interest from other states seeking to replicate Punjab’s model. Road accidents in Punjab have declined by 48 per cent after the constitution of the Sadak Surakhya Force (SSF) in the state, Chief Minister Bhagwant Singh Mann said on Sunday. Once among the top three states in the country… Continue reading Road accidents in Punjab reduced by 48% since Feb 2025: CM Mann
Union Budget 2026: Here’s what EV sector is hoping for!
The Union Budget 2026-27 is just one week away and the EV sector is expecting FM Sitharaman to introduce measures aimed at accelerating electric vehicle adoption in India. Deloitte India has highlighted that the government could focus on strengthening domestic manufacturing, supporting clean mobility, and encouraging investment across the EV value chain. Sheena Sareen, Partner… Continue reading Union Budget 2026: Here’s what EV sector is hoping for!
CM lays down road map: Only e-buses in viksit Delhi
Delhi Chief Minister Rekha Gupta New Delhi: Chief minister Rekha Gupta on Sunday laid out an ambitious to-do list for Delhi’s future, announcing initiatives that ranged from the complete electrification of the public bus fleet and a large-scale Metro expansion to major investments in health, education, infrastructure and social welfare. She was addressing the state-level… Continue reading CM lays down road map: Only e-buses in viksit Delhi
US automakers’ foreign troubles now extend to Canada
Canada’s decision this month to give Chinese carmakers a toehold in the country’s car market may be an ominous development for US automakers that are already struggling to stay relevant outside North America. General Motors and Ford Motor Co. — the two largest US-based car manufacturers — have been steadily losing customers in Asia, Europe… Continue reading US automakers’ foreign troubles now extend to Canada
Rupee may stay under pressure in the short term, but medium-term outlook better: Abhishek Goenka
The Indian rupee’s sharp slide toward the 92-per-dollar mark reflects mounting near-term pressures, but the currency is likely to stabilise and strengthen over the medium term, according to Abhishek Goenka, Founder of IFA Global and Billionz. Speaking to ET Now, Goenka said the current fundamentals are working against the rupee, making short-term moves difficult to… Continue reading Rupee may stay under pressure in the short term, but medium-term outlook better: Abhishek Goenka
NPCL opens EV charging plaza in Greater Noida
The Noida Power Company Limited (NPCL), which supplies electricity to Greater Noida, has commissioned a new electric vehicle (EV) charging plaza at Tilpata, expanding public charging infrastructure in GB Nagar. Developed in collaboration with EV charging infrastructure firm Servotech, the facility is the largest EV charging station in the district. Located on the 130-metre road… Continue reading NPCL opens EV charging plaza in Greater Noida
Budget 2026: Auto industry seeks tax reforms, policy stability to boost India’s EV transition
Industry executives note that India’s EV adoption is being driven by lower operating costs, reduced maintenance requirements and the integration of smart, connected technologies. The auto industry received a shot in the arm in September last year in the form of tax rationalisation under GST reforms, resulting in a demand boost across segments. With the… Continue reading Budget 2026: Auto industry seeks tax reforms, policy stability to boost India’s EV transition