“The name of the game is value,” said Tu Le, founder of Sino Auto Insights. Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the world’s largest car market, seeking to claw back sales lost to domestic rivals. At this week’s Auto Shanghai, the largest global industry show… Continue reading European carmakers on China charm offensive as sales droop
Author: Economic Times of India Online News
Automakers focus on the global market, chide the US over tariffs at Shanghai’s auto show
“We’ll wait and see,” he said. “China has full and abundant supply chains and it is the U.S. that won’t hold on if the tariff measures from both sides remain unchanged.” Booths of big Chinese, German and Japanese automakers were bustling at Shanghai’s auto show this week as the industry kept its focus on a… Continue reading Automakers focus on the global market, chide the US over tariffs at Shanghai’s auto show
India’s Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
The city government is also planning some tax waivers for hybrid vehicles to match the concessions to those given for EVs, potentially lowering their cost by up to 15%. India’s capital New Delhi plans to limit gasoline and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according… Continue reading India’s Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
Change on cards for EV manufacturing policy
Updated On Apr 25, 2025 at 08:19 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals SPMEPCI required applicants to invest at least ₹4,150 crore in EV manufacturing, offering in return a lower 15per cent duty for importing high-end electric cars. India is open to modifying its electric car manufacturing policy to… Continue reading Change on cards for EV manufacturing policy
Major overhaul of car, bike ownership rules under planning in Delhi as part of efforts to shed polluter tag
Under the second phase, the policy document says, no new sales of petrol, diesel and gas-based two-wheelers will be allowed from April 1, 2027. Delhi plans to limit petrol and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according to a draft policy aimed at cleaning up… Continue reading Major overhaul of car, bike ownership rules under planning in Delhi as part of efforts to shed polluter tag
India confident of achieving steel production target by 2030, official says
The country aims to expand crude steel capacity to 300 million tons by 2030-31. India will achieve its target of expanding steel production capacity to 300 million tons by 2030, the Steel Secretary Sandeep Poundrik said on Thursday, as the government seeks to reduce import dependence and support domestic industry. The country, the world’s second-largest… Continue reading India confident of achieving steel production target by 2030, official says
Atlantic Lithium seeks concessions to salvage Ghana project
Government officials from Ghana’s mining sector regulator and relevant ministries did not respond to requests for comment. Australia-based miner Atlantic Lithium said it has appealed to Ghana’s government for fiscal concessions to salvage its Ewoyaa project, as plummeting global prices threaten the viability of what would be the West African nation’s first lithium mine. “We… Continue reading Atlantic Lithium seeks concessions to salvage Ghana project
Livguard appoints Sameer Nagpal as MD & CEO
Sameer Nagpal Livguard, a leading Indian brand specialising in energy storage and solar solutions under the SAR Group, has appointed Sameer Nagpal as its new Managing Director (MD) & Chief Executive Officer (CEO). He will spearhead the company’s next phase of growth and innovation in the renewable energy sector. The renewable energy sector, particularly solar… Continue reading Livguard appoints Sameer Nagpal as MD & CEO
Trump to exempt carmakers from some US tariffs, FT says
This impacts the company’s plan to start mass production of its much-anticipated models. U.S. President Donald Trump is planning to spare carmakers from some tariffs following intense lobbying by industry executives over recent weeks, the Financial Times reported on Wednesday, citing a couple of people familiar with the matter. Car parts would be exempted from… Continue reading Trump to exempt carmakers from some US tariffs, FT says
India consumer, EV story remains unchallenged, says IPO-bound Ather Energy
But all the other growth levers–R&D, Capex and marketing have been left intact, he added. India consumer and EV story remains unchallenged even amid the ongoing tariff war, electric two wheeler maker Ather Energy said on Wednesday as it fixed a price band of Rs 304 to Rs 321 apiece for its Rs 2,981-crore IPO… Continue reading India consumer, EV story remains unchallenged, says IPO-bound Ather Energy