The conference aimed to strengthen collaboration between the industry and the government to create a tax environment conducive to growth, innovation, and sustainability. New Delhi: The Society of Indian Automobile Manufacturers (SIAM) held its 2024 conference on automotive taxation, focusing on how tax policies can support the industry’s growth and India’s economic development. The conference… Continue reading Transforming taxation in the Indian auto industry for sustainable growth
Author: Economic Times of India Online News
ARENQ introduces innovative waterproof electric vehicle chargers for enhanced performance
ARENQ’s commitment to sustainable energy solutions is reflected in its product development. ARENQ, a leading battery manufacturer, launched a new line of portable waterproof EV chargers and wall-mounted charging solutions. These chargers are designed for various applications, including robotics, electric vehicles, and industrial machinery. The announcement was made today. The company aims to provide efficient… Continue reading ARENQ introduces innovative waterproof electric vehicle chargers for enhanced performance
Shortages hobble India push for cleaner car fuel amid Delhi smog
New Delhi, one of the world’s most polluted cities, was pushed into CNG well over two decades ago after a Supreme Court ruling that demanded the conversion of all public buses to cope with worsening air quality. India is cutting back its supply of cheap gas for vehicles as it struggles to cope with domestic… Continue reading Shortages hobble India push for cleaner car fuel amid Delhi smog
Over 4.79 lakh challans issued for improper parking in Delhi this year
According to the data, the police also issued 98,929 challans for wrong-side driving, with each offense carrying a fine of INR5,000. Delhi Police has issued over 4.79 lakh challans this year for obstructive or improper parking, according to official data. Additionally, more than 10 lakh notices have been issued for the same offense as of… Continue reading Over 4.79 lakh challans issued for improper parking in Delhi this year
Motor vehicles without reflective tape to be fined: Bihar transport secy
He added there were 2,347 road accidents due to fog and mist, resulting in 1,722 deaths and 486 serious injuries in 2023. With an aim to minimize road accidents due to fog this winter, transport department will launch a reflective tape inspection campaign across Bihar from November 30. The comprehensive campaign aims to ensure vehicles… Continue reading Motor vehicles without reflective tape to be fined: Bihar transport secy
Britain to rethink electric vehicle rules amid industry warnings of job losses
Finance Minister Rachel Reeves said the government has started a consultation to review the plans set by the previous government. Britain announced on Wednesday that it would review the rules requiring carmakers to produce more electric vehicles after the industry warned that the current plan could lead to factory closures and job losses due to… Continue reading Britain to rethink electric vehicle rules amid industry warnings of job losses
CAQM eases GRAP curbs on vehicles for differently abled
The move came after Supreme Court on Monday asked CAQM to initiate actions under the section, which deals with the penalty for violating the Act, rules, orders or directions issued by the commission. While stage-IV measures under Graded Response Action Plan (GRAP) will continue in NCR at least till Monday, Commission for Air Quality Management… Continue reading CAQM eases GRAP curbs on vehicles for differently abled
France slashes electric-car subsidies amid budget crunch
“The government remains firmly committed to the electrification of light vehicles … but the budgetary context is extremely constrained,” the government official told reporters. France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to 4,000 euros based on income, down from the previous range of… Continue reading France slashes electric-car subsidies amid budget crunch
UK to review electric car sales targets after industry backlash
“It is really important … to make sure that we get the balance right and (have) proper support for the automotive sector, the car industry, in Britain,” she told reporters. Britain said on Wednesday it would rethink the rules that force carmakers to produce more electric vehicles after the industry warned that the current plan… Continue reading UK to review electric car sales targets after industry backlash
Delhi’s EV policy extended till March 2025
Under the EV policy, a subsidy of INR 5,000 per kWh of battery capacity (up to a maximum of INR 30,000) is provided for the purchase of an electric two-wheeler. Delhi’s EV policy will be extended till March 31, 2025, CM Atishi announced on November 28. As per the announcement, subsidies and road tax exemptions… Continue reading Delhi’s EV policy extended till March 2025