The Charge_IN network will exclusively feature 180 kW dual-gun chargers capable of charging Mahindra’s eSUVs — XEV 9e, BE 6 and the upcoming XEV 9S — from 20 to 80 per cent in about 20 minutes. Mahindra & Mahindra on Tuesday said it plans to set up 250 electric vehicle (EV) charging stations equipped with… Continue reading Mahindra & Mahindra to set up 250 ultra-fast EV charging stations by 2027
Author: Economic Times of India Online News
India, Canada to fast-track FTA talks; eyes deeper cooperation in critical minerals, AI
The Early Progress Trade Agreement talks, revived in March 2022 after a five-year pause, cover goods, services, investment, rules of origin, sanitary and phytosanitary measures, technical barriers to trade and dispute settlement. India and Canada have significant potential to expand collaboration in critical minerals, nuclear energy and emerging technologies such as artificial intelligence, commerce and… Continue reading India, Canada to fast-track FTA talks; eyes deeper cooperation in critical minerals, AI
Bhubaneswar transport dept suspends registration of 150 vehicles
During the suspension period, the vehicles are prohibited from plying on roads. Any violation will result in permanent cancellation of registration and filing of an FIR. In a first, the transport department has suspended the registration of 150 vehicles whose owners were found to be habitual traffic violators, each accumulating between 50 and 350 challans.… Continue reading Bhubaneswar transport dept suspends registration of 150 vehicles
Court bars Tesla Power’s ads for now, amid brand dispute
As mediation talks between Elon Musks Tesla Inc and Gurugram-based Tesla Power India failed, the court had last year agreed to hear the US electric-vehicle makers trademark infringement petition. The Delhi High Court on Monday restrained Gurugram-based Tesla Power India from issuing any promotional advertisements related to electric vehicle (EV) products under the ‘Tesla‘ brand… Continue reading Court bars Tesla Power’s ads for now, amid brand dispute
New labour codes to trigger major HR overhaul in auto retail: Vinkesh Gulati
The impact will span HR systems, salary structures, social security, workplace safety and compliance norms. India’s automotive retail sector is preparing for a significant shift in workforce governance as the four new labour codes come into effect, replacing 29 existing laws with a simplified and more transparent framework. According to auto retail expert and former… Continue reading New labour codes to trigger major HR overhaul in auto retail: Vinkesh Gulati
Renault CEO backs new EU rules on sourcing local parts, but seeks broader definition
But Renaults Francois Provost said it is unlikely that regulations that tight would be adopted by December 10, the date on which the EU is expected to unveil a list of measures to support the blocs automotive industry. Renault Group supports demands by several automotive suppliers to introduce EU-wide rules on local sourcing to protect… Continue reading Renault CEO backs new EU rules on sourcing local parts, but seeks broader definition
Greaves Cotton to invest up to ₹700 crore over six years across its portfolios under new strategy
Parag Satpute, Managing Director and Group CEO of Greaves Cotton New Delhi: Greaves Cotton will invest ₹500–700 crore over the next five to six years under its new ‘Greaves.Next’ strategy, as the 165-year-old engineering conglomerate embarks on a comprehensive business revamp spanning energy, mobility and industrial solutions. “Our capex of ₹500–700 crore over the next… Continue reading Greaves Cotton to invest up to ₹700 crore over six years across its portfolios under new strategy
No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts
Automakers — who generally revise prices in January and are currently dealing with higher imported-component costs due to the rupees depreciation — may push back those adjustments unless they receive clarity soon. Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward… Continue reading No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts
Macroeconomic stimulus measures to drive multi-year demand recovery in auto sector: Report
Policy decisions are also expected to keep demand buoyant. India’s automotive industry may be poised for a sustained demand revival over the next two to three years, supported by a favourable policy and macroeconomic environment, according to a report by Incred Research. The brokerage said a combination of income-tax rate cuts, lower interest rates and… Continue reading Macroeconomic stimulus measures to drive multi-year demand recovery in auto sector: Report
Modi, Takaichi push deeper India–Japan cooperation in AI and critical tech at G20 Summit
Both leaders reaffirmed the importance of their partnership, describing India and Japan as valued partners and trusted friends. Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi agreed to deepen cooperation in artificial intelligence (AI), semiconductors and other emerging technologies during a bilateral meeting on the sidelines of the G20 Leaders’ Summit in Johannesburg… Continue reading Modi, Takaichi push deeper India–Japan cooperation in AI and critical tech at G20 Summit