Author: Economic Times of India Online News

Automakers urge Trump to preserve EV tax credits, boost self-driving cars

This week, Reuters reported Trump transition team plans to target federal regulations championed by President Joe Biden that aim to make automobiles more fuel-efficient and incentivize a shift toward EVs. A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle… Continue reading Automakers urge Trump to preserve EV tax credits, boost self-driving cars

NDMC launches ‘night cleaning drive’ amid Delhi’s ‘very poor’ AQI levels

However, several areas in Delhi remained under the ‘severe’ category, with Anand Vihar recording an AQI of 405, Ashok Vihar 414, Bawana 418, Dwarka Sector-8 401, Mundka 413, and Wazirpur 436. New Delhi: In an effort to curb pollution levels, the New Delhi Municipal Corporation (NDMC) carried out night cleaning and sweeping of roads at… Continue reading NDMC launches ‘night cleaning drive’ amid Delhi’s ‘very poor’ AQI levels

In high-wage Germany, VW’s labour costs outstrip the competition

The dataunderscores the company’s challenge to remain competitive in its pricey home market as cheaper models from China arrive. As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales… Continue reading In high-wage Germany, VW’s labour costs outstrip the competition

US senators push auto safety agency to finalise vehicle rules

A 2021 infrastructure law included 10 new auto safety provisions including modernizing standards for crash avoidance technologies, automatic engine shutoff devices and headlights. A group of nine Democratic senators on Wednesday urged U.S. auto regulators to move quickly to issue new vehicle safety rules in the face of traffic deaths that remain significantly above pre-COVID… Continue reading US senators push auto safety agency to finalise vehicle rules

Mexico warns about Trump tariff impact on U.S. companies

Ebrard also said that top carmakers such as Ford had no plans to move production from Mexico. Mexico’s top economy officials on Tuesday downplayed concerns about trade talks with Donald Trump’s administration, saying the potential impact on American companies could give the incoming U.S. president second thoughts about levying massive tariffs. Trump campaigned on a… Continue reading Mexico warns about Trump tariff impact on U.S. companies

Africa’s electric vehicle firms look to COP29 for finance boost

“When you come to COP, a lot of good things are said, but the follow up – that’s always been challenging,” he said. As the evening rush hour descends upon Nairobi, Kenyan motorcycle taxi driver Kariuki Mwangi skilfully weaves through the congestion on his electric bike, acutely aware that a quiet revolution is humming beneath… Continue reading Africa’s electric vehicle firms look to COP29 for finance boost

Vedanta Aluminium partners with GAIL Gas for sustainable aluminium production

The Jharsuguda plant is also certified by the Aluminium Stewardship Initiative (ASI), a global benchmark for sustainability in the aluminium sector. Additionally, the company holds multiple certifications from the Bureau of Indian Standards (BIS), underscoring its commitment to quality and sustainability. Vedanta Aluminium, India’s largest aluminium producer, has partnered with GAIL Gas Limited to secure… Continue reading Vedanta Aluminium partners with GAIL Gas for sustainable aluminium production

4L vehicles barred from roads in Noida and Ghaziabad as GRAP III comes into effect

BS IV petrol models are not banned under any of the four GRAP stages. Stage 3 of the Graded Response Action Plan (GRAP), which came into effect on Friday, will take nearly 4 lakh vehicles out of roads in the two major UP cities of NCR. GRAP 3 bars BS III (petrol and diesel) and… Continue reading 4L vehicles barred from roads in Noida and Ghaziabad as GRAP III comes into effect

Indian steelmakers make new push for temporary tax to check cheap imports

Cheap imports are eating into the market share of domestic steelmakers, the Indian Steel Association said in its presentation. NEW DELHI – India’s steelmakers have urged the government to immediately impose a temporary tax to stem cheap imports from China, Japan and South Korea, according to the latest industry presentation, in a fresh move to… Continue reading Indian steelmakers make new push for temporary tax to check cheap imports