The trial, which will conclude next year with a judgment expected in mid-2026, will focus on a sample of 20 diesel vehicles produced by the five manufacturers, who are being sued by nearly 850,000 of the claimants. Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with… Continue reading Carmakers accused of cheating emissions tests, in UK lawsuits after ‘dieselgate’ scandal
Author: Economic Times of India Online News
Solar cell shelter to charge EV drive in Chandigarh
EV adoption continues to rise in Chandigarh. The city ranks high in the national transition to EVs. In a national first, the city will soon plug its electric vehicle (EV) network straight into the sun — a 500-KW solar setup charging cars cleanly, day and night, at the IT Park hub. This first-of-its-kind EV charging… Continue reading Solar cell shelter to charge EV drive in Chandigarh
Eicher Motors’ EV Chief Mario Alvisi resigns
Mario Alvisi Eicher Motors Limited on Monday announced that Mario Alvisi, Chief Growth Officer – Electric Vehicles, has resigned from his position, effective from the close of business hours on December 31, 2025. Alvisi, who played a key role in shaping Eicher’s electric mobility strategy, has been part of the company’s leadership team overseeing the… Continue reading Eicher Motors’ EV Chief Mario Alvisi resigns
KP Group to invest ₹8,000 crore in hydrogen, EV fuel stations across Gujarat
The initiative aligns with the state’s “Viksit Gujarat to Viksit Bharat” vision and aims to support India’s clean energy transition by expanding green mobility infrastructure. New Delhi: Renewable energy company, KP Group, on Monday said it will invest ₹8,000 crore to set up a network of hydrogen and electric vehicle (EV) fuel stations across Gujarat,… Continue reading KP Group to invest ₹8,000 crore in hydrogen, EV fuel stations across Gujarat
India’s small steelmakers cut output as weak demand, falling prices bite
“We are still waiting that maybe with the GST cut for automotives, there might be a positive effect,” he said, referring to the reduction in India’s Goods and Services Tax. India’s small steelmakers are struggling with weak demand, rising inventories and falling prices, highlighting a construction slowdown despite New Delhi introducing its biggest consumer tax… Continue reading India’s small steelmakers cut output as weak demand, falling prices bite
India-EU FTA talks make headway amid steel, auto differences
The FTA talks, covering 23 policy areas, include trade in goods and services, investment, technical barriers, customs facilitation, intellectual property rights and sustainable development. Negotiations for the proposed free trade agreement (FTA) between India and the European Union (EU) are making progress, although differences remain in areas such as steel, automobiles, and non-tariff barriers, a… Continue reading India-EU FTA talks make headway amid steel, auto differences
Festive auto retail sales bounce back, navratri sees 15-35% YoY growth across segments: Report
The festive period marked a firm recovery in auto retail, with sequential improvements in both footfalls and retail conversions underscoring a strong revival in consumer demand. Auto retail sales witnessed a robust recovery during the Navratri festival, with growth ranging between 15 per cent to 35 per cent year-on-year (YoY) across passenger vehicle (PV) and… Continue reading Festive auto retail sales bounce back, navratri sees 15-35% YoY growth across segments: Report
Magenta to replicate DST-style success in India; eyes up to $50 mn in fresh funding
Maxson Lewis, Founder and Chairman New Delhi: Magenta Mobility, which calls itself India’s largest electric logistics solution provider, is looking to raise up to $50 million in series B funding. Earlier this year, Magenta had raised $6 million in pre-series B from BP and Morgan Stanley. The money raised in the fresh round will be… Continue reading Magenta to replicate DST-style success in India; eyes up to $50 mn in fresh funding
Tata Motors demerger: Stock slides 7% in 7 days. Will the restructuring spark gains or more volatility?
The company has fixed October 14 as the record date to determine shareholders eligible to receive one fully paid-up share of TMLCV for every share held in Tata Motors. Tata Motors shares slid 7 per cent over seven sessions, hitting ₹679.05 on Monday after dropping as much as 2 per cent in intraday trade, as… Continue reading Tata Motors demerger: Stock slides 7% in 7 days. Will the restructuring spark gains or more volatility?
Bengaluru drivers can now see traffic signal timers on Mappls app
With the Mappls integration, the same countdown displayed on physical signal poles can now be viewed directly on mobile screens. Motorists in the city can now check the traffic signal countdown at the next junction on their mobile phones. Bengaluru traffic police, in collaboration with the navigation app Mappls, have introduced a new feature that… Continue reading Bengaluru drivers can now see traffic signal timers on Mappls app