Updated On Oct 1, 2024 at 08:16 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Last year too, the govt had come out with similar scheme, offering rebate on scrapping old vehicles for one-year period from March 11, 2023, to March 10, 2024. UP govt has issued an order stating that… Continue reading Vehicles registered before ’03 to get 75% tax cut if scrapped
Author: Economic Times of India Online News
Vehicles, road dust & industries main Delhi-NCR polluters: Study
The new study shows road dust and traffic pollution are the main culprits of Delhi’s poor air quality. Under fire from the Supreme Court, the Commission for Air Quality Monitoring (CAQM) is reportedly dusting off the IIT Kanpur-TERI report on Delhi-NCR air pollution sources and will discuss it over the next few days. ET gathers… Continue reading Vehicles, road dust & industries main Delhi-NCR polluters: Study
Audio Interview: The sale leaseback market in Mexico – Why is it becoming so prevalent in 2024?
Ron Hesse speaks with Gary Swedback In the 25-minute Audio Interview, Mr. Swedback discusses these questions: • What is the concept of a Sale leaseback and what is its purpose? • Who are the companies that decide to pursue sale leasebacks —- in Mexico—- and is it becoming more prevalent in 2024? • What types… Continue reading Audio Interview: The sale leaseback market in Mexico – Why is it becoming so prevalent in 2024?
Tata Steel ends ‘legacy steelmaking’ at Britain’s largest steelworks
Tata Steel’s UK chief noted how Port Talbot represents a steel plant where industrial processes and new technologies have been introduced over time to enhance output and set standards for other steelmakers. Tata Steel-owned Port Talbot plant in South Wales hit a significant milestone on Monday when its Blast Furnace 4 ceased operations after over… Continue reading Tata Steel ends ‘legacy steelmaking’ at Britain’s largest steelworks
Exploring India’s path to manufacturing excellence: ET Auto’s Design and Manufacturing Summit discusses key issues
The event aimed to build a roadmap for the holistic adoption of these technologies to design and make better products, driving Indian manufacturing companies toward progress and profitability. As India aspires to become a global manufacturing powerhouse, it must navigate fierce global competition, evolving business landscapes, and rising customer demands for speed and customization. To… Continue reading Exploring India’s path to manufacturing excellence: ET Auto’s Design and Manufacturing Summit discusses key issues
Philippines’ Marcos opens first EV battery plant
Located in New Clark city north of Manila, the StB Giga Factory Inc. facility will create 2,500 local jobs and channel five billion pesos. President Ferdinand Marcos inaugurated on Monday the first factory for electric vehicle batteries in the Philippines, calling it the “future” of clean energy. The Australian-owned lithium-iron-phosphate factory aims to produce two… Continue reading Philippines’ Marcos opens first EV battery plant
By 2035, EVs to consume 6 to 8.7% of India’s electricity: Report
“EVs in India to consume around 6 to 8.7% of the electricity by 2035” said the report. The electric vehicles (EVs) in India are set to consume a significant share of the country’s electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management firm. According to the report, EVs are expected… Continue reading By 2035, EVs to consume 6 to 8.7% of India’s electricity: Report
PM E-DRIVE: Centre notifies INR 10,900 crore EV subsidy scheme
PM E-DRIVE offers subsidies for electric two, and three wheelers, e-ambulances, e-trucks and ‘other new emerging EV categories.’ The centre notified PM E-DRIVE scheme Monday. A gazette notification said the scheme will have an outlay of INR 10,900 crore, and shall be implemented from October 1, 2024, to March 31, 2026. It aims for faster… Continue reading PM E-DRIVE: Centre notifies INR 10,900 crore EV subsidy scheme
Fire breaks out at Chinese battery giant CATL plant
CATL’s base in the eastern province of Fujian, but the company said the effect of the now extinguished fire would not be significant. A fire broke out Sunday at a factory belonging to Chinese battery giant CATL, which supplies electric vehicle makers including Tesla, but only a “relatively small” impact on operations is expected, the… Continue reading Fire breaks out at Chinese battery giant CATL plant
An INR 50 crore and growing biz of Mercedes-Benz India, and it’s not from cars
Updated On Sep 30, 2024 at 11:37 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals During the last 3-4 years the German company’s Indian arm has also witnessed a 50% rise in the average selling price of the car, which has gone up from INR 60 lakh to INR 90 lakh… Continue reading An INR 50 crore and growing biz of Mercedes-Benz India, and it’s not from cars