DEE Development Engineers plans to diversify into hydrogen production

DEE Development Engineers Engineering solutions provider DEE Development Engineers Ltd is planning to diversify into hydrogen production as it expects good business opportunities in the sector. DEE Development Engineers Chairman and Managing Director (CMD) Krishan Lalit Bansal said, “We have very recently put our foot in the production of some small gas/chemical plants. We have… Continue reading DEE Development Engineers plans to diversify into hydrogen production

More money on the Street draws bulls to realty, auto, financials

Khurana said from a longer-term perspective, some of these sectors may be attractive to investors. Interest rate-sensitive sectors, such as banks, financials, property and automotives, surged after Friday’s twin policy announcements on funding costs and liquidity enhancement, pushing the benchmark Nifty higher by more than 1% past the 25,000 mark. The Nifty Bank index made… Continue reading More money on the Street draws bulls to realty, auto, financials

In a first in UP, 25 automobile dealers lose trade licenses for a month

Saraswati Motors in Prayagraj and Vishal Motors in Unnao were among the final names on the list. In a first-of-its-kind action, the Uttar Pradesh Transport Department has suspended the trade licenses of 25 automobile dealers across the state for a month, citing continued failure to comply with vehicle registration procedures. A senior transport department official… Continue reading In a first in UP, 25 automobile dealers lose trade licenses for a month

Over 27,000 vehicles booked in Delhi for using unusual fonts, symbols, and caste or community slogan on number plates

The police also pointed out that these plates interfere with traffic surveillance systems and automatic detection tools used across the city. A senior traffic officer said many violators offer excuses when caught. In a citywide crackdown, the Delhi Traffic Police have booked more than 27,000 vehicle owners in May 2025 alone for using defective or… Continue reading Over 27,000 vehicles booked in Delhi for using unusual fonts, symbols, and caste or community slogan on number plates

Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty

The company is still getting $135 million in grants from the South Carolina Department of Commerce and $121 million in bonds and the agency said a construction pause won’t prompt them to claw back that offer. A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for… Continue reading Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty

Tata Motors launches monsoon vehicle check-up camp across 500 cities

Customers visiting the service camp will also have access to exchange offers on new Tata vehicles, including a free evaluation of their current vehicles. Tata Motors has announced the start of a nationwide Monsoon Check-Up Camp for its customers, which will be held from June 6 to June 20, 2025. The service initiative will be… Continue reading Tata Motors launches monsoon vehicle check-up camp across 500 cities

Batteries, EVs under threat? India fires on all cylinders for rare earths amid China’s tightening grip

While the US, Europe, and Japan scramble to find alternative supply lines, India sees an opening — and it’s moving to capitalise. As China tightens its stranglehold on the global supply of rare earth elements, India is shifting gears — fast. From forging new partnerships in Central Asia to finalising an ambitious incentive scheme for… Continue reading Batteries, EVs under threat? India fires on all cylinders for rare earths amid China’s tightening grip

Stellantis’ new CEO Filosa set to earn up to $23 million a year

Filosa officially becomes CEO of the owner of brands such as Chrysler, Peugeot and Jeep at the end of this month, tasked with turning around the carmaker’s performance and recovering lost U.S. market share MILAN: Stellantis’ new CEO Antonio Filosa will earn at least $4 million annually in his first two years at the helm,… Continue reading Stellantis’ new CEO Filosa set to earn up to $23 million a year

Tesla’s China shipments extend slump, bucking broader sales boom

The slump contrasts with robust nationwide sales of new-energy vehicles, including both EVs and hybrids, which are estimated to have risen 38% to 1.24 million units, the data show. Tesla Inc.’s vehicle shipments from its China factory fell for an eighth straight month, extending a global sales slump as Chief Executive Officer Elon Musk pledges… Continue reading Tesla’s China shipments extend slump, bucking broader sales boom

Gravton inks landmark EV supply deal with Hypr Electric

Hypr Electric, which has standing order agreements with leading platforms like Swiggy, Zomato, Porter, and Rapido, will integrate Gravton’s vehicles into its growing national fleet. Founder Gravton Motors and Talluri Sai Rahul, CEO Hypr Electric Hyderabad, 6th June 2025: Gravton Motors, India’s first full-stack electric mobility company, has signed a landmark agreement with Hypr Electric… Continue reading Gravton inks landmark EV supply deal with Hypr Electric