Published On Apr 1, 2025 at 07:50 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The stake has been sold to Ion Mobility and Chan Lianghong James, promoter of Ion Mobility TVS Motor Company on Monday said its Singapore-based arm has divested its stake in Ion Mobility while acquiring identified assets… Continue reading TVS Motor Co Singapore arm divests stake in Ion Mobility
Author: Economic Times of India Online News
Trump auto tariffs threaten new supply-price shock
JP Morgan economist Michael Feroli sees it adding to inflation this year and lowering overall growth due to the impact on consumers, an outlook consistent with recent downgraded forecasts from Federal Reserve policymakers. As the world emerged from pandemic shutdowns in early 2021, a supply chain shock left a lasting imprint on the cost of… Continue reading Trump auto tariffs threaten new supply-price shock
Regulator proposes tweak in pipeline tariffs; CNG and piped gas to be charged lowest rate
The Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed new tariff regulations to reduce the cost of piped natural gas for domestic and CNG users. In a significant change to regulations, oil and gas regulator PNGRB has proposed a new policy of how tariffs for pipelines carrying gas to users will be determined, and… Continue reading Regulator proposes tweak in pipeline tariffs; CNG and piped gas to be charged lowest rate
Toll taxes set to rise across Indian highways from April 1, 2025; all details here
The Delhi-Meerut Expressway, Eastern Peripheral Expressway, and NH-9 are also affected. Traveling on India’s highways and expressways is about to become costlier as the National Highways Authority of India (NHAI) implements a toll tax hike effective midnight on March 31, 2025. The revised rates, applicable from April 1, will affect commuters and commercial operators across… Continue reading Toll taxes set to rise across Indian highways from April 1, 2025; all details here
Auto companies push for easing of fuel efficiency norms
The current fuel emission standards under CAFE II norms, which will run through March 2027, allow automakers to emit 113.1 grams per km. New Delhi: Automakers are seeking a relaxation in new fuel efficiency norms under the CAFE III (Corporate Average Fuel Efficiency) standards as they resumed talks with the government after a hiatus of… Continue reading Auto companies push for easing of fuel efficiency norms
Delhi cops to get AI interceptors to track offences
With the advent of the AI-powered 4D Radar Interceptor, Delhi traffic police aims to make this entire process automated, and the experiment has already started. New Delhi: In the chaos of daily traffic, interceptors were considered a helping hand and the silent watchers of speeding vehicles. They flashed numbers on a screen while traffic police… Continue reading Delhi cops to get AI interceptors to track offences
EVs rally in Sambhajinagar to promote renewable energy
Besides Meda and Bee, top authorities from MSEDCL, the Forest department and the district administration also attended the rally. As many as 350 electric vehicles (EVs) of numerous kind took out a rally, organised by the Maharashtra Energy Development Agency (Meda) and the Bureau of Energy Efficiency (Bee) in the city on Saturday to promote… Continue reading EVs rally in Sambhajinagar to promote renewable energy
India proposes retaliatory duties on EU steel imports amid trade dispute
Representative photo India has proposed imposing retaliatory duties on imports of certain steel products from the European Union (EU) after the two sides failed to reach a consensus on the bloc’s restrictive safeguard measures on such products. In a communication to the World Trade Organization (WTO), India said it ‘reserves the right to suspend substantially… Continue reading India proposes retaliatory duties on EU steel imports amid trade dispute
Rheinmetall CEO visits VW plant as defence companies look to expand
No concrete decisions were made regarding the future of the site, the spokesperson added. Rheinmetall CEO Armin Papperger visited Volkswagen‘s Osnabrueck plant on Friday as part of a delegation of Europe’s top ammunition maker, labour representatives said, in the latest sign of closer cooperation between the defence and auto sectors. Papperger earlier this month said… Continue reading Rheinmetall CEO visits VW plant as defence companies look to expand
Refex drops plan to take over around 3k EVs owned by Gensol
Refex Industries subsidiary Refex Green Mobility runs eVeelz, an all-EV four-wheeler fleet, which has partnered with Uber to deploy 1,000 electric cars in key Indian cities by 2026. New Delhi: Chennai-based Refex Industries and Gensol Engineering of Ahmedabad have called off their deal under which the latter was to sell 2,997 electric vehicles to the… Continue reading Refex drops plan to take over around 3k EVs owned by Gensol