Updated On Dec 18, 2024 at 08:20 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The industry is working on realising net localisation of an additional INR 17,977 crore in the three years to FY25. The Indian automotive industry is poised to achieve its ambitious target of up to INR 25,000… Continue reading Auto industry on track to achieve target of INR 25,000 crore import cut
Author: Economic Times of India Online News
Delhi air ‘severe’: GRAP-4 curbs reimposed; what’s allowed and what’s not
Previous implementations of GRAP Stage-I and modified Stage-II continue to remain active. Earlier, GRAP Stage-III was operational from November 15 to December 4, while Stage-IV was enforced from November 18 to December 4. Hours after invoking GRAP-III in Delhi-NCR as the capital’s AQI deteriorated to higher end of ‘very poor’, the Commission for Air Quality… Continue reading Delhi air ‘severe’: GRAP-4 curbs reimposed; what’s allowed and what’s not
Trump Team plans massive changes to Biden’s EV mandate & China Policy
The transition team calls for clawing back whatever funds remain from Biden’s USD 7.5 billion plan to build charging stations and shifting the money to battery-minerals processing and “national defense supply chain and critical infrastructure.” Incoming US President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging… Continue reading Trump Team plans massive changes to Biden’s EV mandate & China Policy
Delhi traffic challan: How you can get traffic challans waived off or settle at special courts from Dec 20
Delhi Police also highlighted that they have introduced a reprint feature for previously processed notices/challans, accessible before the evening court date. Special evening courts are being organised by Delhi Traffic Police from December 20, 2024, from 5 pm to 7 pm where you can settle your pending Delhi Traffic Police challan cases. The evening court… Continue reading Delhi traffic challan: How you can get traffic challans waived off or settle at special courts from Dec 20
China resident who stole Tesla trade secrets gets 2-year US sentence
Updated On Dec 17, 2024 at 08:26 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Shao met the undercover agents at a trade show in Las Vegas last year, according to prosecutors, after which Pflugbeil sent them a business proposal containing Tesla’s trade secrets. A German-Canadian resident of China was sentenced… Continue reading China resident who stole Tesla trade secrets gets 2-year US sentence
GRAP 4 restrictions back in Delhi-NCR
Updated On Dec 17, 2024 at 08:07 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals At a review meeting, the Commission for Air Quality Management (CAQM) noted that Delhi’s air quality index (AQI) breached the 350 mark on Monday afternoon. Asharp deterioration in the capital’s air quality to the higher end… Continue reading GRAP 4 restrictions back in Delhi-NCR
Surge in women employees in auto, electronics, EVs, and phone manufacturing companies: Report
The educational profile of the workforce is diverse, with nearly half holding graduate degrees-48.5% of men and 46.4% of women. Women participation is surging in the Automotive, Electronics, Electric Vehicle, and Phone Manufacturing companies, as per a report by TeamLease Services. The report noted that these sectors are increasingly recognising the value women bring to… Continue reading Surge in women employees in auto, electronics, EVs, and phone manufacturing companies: Report
INR 16,000 crore capex required to meet public EV charging demand by 2030: FICCI report
India has multiple regulatory incentive schemes to encourage EV growth. India would require capital expenditure to the tune of INR 16,000 crore by 2030, to meet its public EV charging demand and to achieve the mission of over 30% electrification, as per a report by industry body FICCI. According to the ‘FICCI EV Public Charging… Continue reading INR 16,000 crore capex required to meet public EV charging demand by 2030: FICCI report
What’s with automotive brand styling and tech, ESG goals?
This shift not only mirrors changing customer preferences but also underscores the industry’s commitment to achieving a more sustainable tech-laden footprint. The world of automotive brand styling is undergoing a transformative shift, driven by technological advancements, the demands of the alpha generation, and heightened awareness of ESG (Environmental, Social, and Governance) goals. No longer just… Continue reading What’s with automotive brand styling and tech, ESG goals?
Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise
For the year to date, GM has far outpaced its competitors. General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker’s decision to do so was still a disappointing end for an operation that GM had touted as a potential USD 50 billion revenue generator by… Continue reading Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise