The government on Tuesday launched a green hydrogen certification scheme for producers. Renewable energy minister Pralhad Joshi said the scheme is a step towards creating a framework for certifying green hydrogen production and ensuring transparency, traceability and market credibility. While the scheme applies to companies that have bid for the government’s incentives for the production… Continue reading India launches green hydrogen certification scheme to boost transparency, credibility
Author: Economic Times of India Online News
Gensol Engineering shares hit fresh lower circuit limit; down for 15th straight day
Gensol Engineering is engaged in providing solar consulting services, engineering, procurement and construction (EPC) services, and leasing of electric vehicles, among others. New Delhi: Shares of crisis-hit Gensol Engineering continued to slide on Wednesday, declining 5 per cent, to hit another lower circuit limit. The stock tumbled 4.99 per cent to Rs 78.10 — its… Continue reading Gensol Engineering shares hit fresh lower circuit limit; down for 15th straight day
Toll-free ride for EVs on E-way, Atal Setu, Samruddhi
The state will provide subsidies for EVs to replace highly polluting heavy diesel vehicles, which pollute 67 times more than cars.” State govt, unveiling its Electric Vehicle Policy, 2025, announced 100% toll exemption for 4-wheeler passenger vehicles and EV buses on Mumbai-Pune Expressway, Samruddhi Highway and Atal Setu for 5 years. The cabinet cleared the… Continue reading Toll-free ride for EVs on E-way, Atal Setu, Samruddhi
South Korea’s LG Energy Solution Q1 profit rises 138% on weak won
The company would have made an 83 billion won operating loss without a tax credit received under the U.S. Inflation Reduction Act, LGES said in a regulatory filing. South Korean battery firm LG Energy Solution (LGES) on Wednesday posted a 138% rise in first-quarter profit, helped by favourable foreign exchange rates that cushioned slowing growth… Continue reading South Korea’s LG Energy Solution Q1 profit rises 138% on weak won
Trump says tariff talks with India ‘going great’, signs autos executive order amid industry concerns
Meanwhile, amid mounting supply chain challenges, the US President also signed a new autos executive order on Tuesday, reported Reuters. US President Donald Trump on Tuesday said that discussions on trade tariffs with India are “going great” and expressed optimism about reaching a deal soon, reported Reuters. He also signed a new autos executive order… Continue reading Trump says tariff talks with India ‘going great’, signs autos executive order amid industry concerns
Trump administration to offer relief to car manufacturers amid continued 25% tariff
“We appreciate the productive conversations with the president and his administration and look forward to continuing to work together.” The US administration announced plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil. While the 25 per cent tariffs on imported… Continue reading Trump administration to offer relief to car manufacturers amid continued 25% tariff
TVS Motor strategically times product rollout to match market dynamics
TVS remains optimistic about the strong demand for two-wheelers in international markets New Delhi: Two- and three-wheeler maker TVS Motor Company is looking to expand its network as some of the company’s electric vehicle (EV) products are in the “final stages” of development even as the launch of these products is strategically timed by the… Continue reading TVS Motor strategically times product rollout to match market dynamics
Automotive dealer Anil Garg of Shiva Auto passes away
Industry veterans say Garg’s contributions to the auto dealership ecosystem leave a lasting imprint, both through the scale of his enterprise and the values he instilled in it. New Delhi: Anil Garg, the founder of the Noida and NCR-based dealership conglomerate Shiva Auto Group, passed away on Tuesday morning. Garg began his entrepreneurial journey in… Continue reading Automotive dealer Anil Garg of Shiva Auto passes away
Bharat Forge shares in focus as Trump plans to ease auto tariff impact
Trump had earlier stated that he planned to impose the 25% tariffs on auto parts no later than May 3. Bharat Forge shares are likely to be in focus on Tuesday after U.S. officials announced that President Donald Trump’s administration would move to reduce the impact of proposed automotive tariffs. The move aims to ease… Continue reading Bharat Forge shares in focus as Trump plans to ease auto tariff impact
Bosch launches Supply Chain Studio to boost logistics efficiency
–Smart Warehouse that offers a digital twin of warehouse operations. This enables better efficiency, tracking, and automation. Launched at the Mobility Platform and Solutions’ (MPS) Summit 2025, it aims to address gaps in transport and warehouse management and last-mile operations, by integrating with ERPs and third-party marketplaces. The Supply Chain Studio has been developed following… Continue reading Bosch launches Supply Chain Studio to boost logistics efficiency