This uncertainty is expected to influence future stock performance. Notably, some investors are doubtful that demand, particularly for small cars, will remain resilient once discounts begin to taper off in 2026. Is the good run in the automobile sector over? Following the festive high, most analysts remain optimistic about the continued momentum. Automobile sales witnessed… Continue reading Auto sector saw strong returns: Should you buy Maruti, M&M and Bajaj?
Author: Economic Times of India Online News
India’s magnet makeover, the ongoing attract and repel game
With global disruptions and China’s tightening stance on rare earth availability, India too finds itself exposed to the vulnerabilities of this supply chain. It is interesting how the world ignored magnets for decades, only for them to become a global point of discussion today. From the old classroom drill of opposite poles attract and like… Continue reading India’s magnet makeover, the ongoing attract and repel game
Kinetic Green appoints Sanket Gajbhiye as Head of Supply Chain
Sanket Gajbhiye Kinetic Green has appointed Sanket Gajbhiye as Head of Supply Chain for its two wheeler and three wheeler business. He will oversee sourcing strategy, vendor development, inventory planning and operations for the company’s EV portfolio, including the E-Luna. According to a LinkedIn post, he will work on strengthening supplier networks and aligning sourcing… Continue reading Kinetic Green appoints Sanket Gajbhiye as Head of Supply Chain
India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits
These components form the backbone of EV powertrains and electronics. India’s electric car market continues to rely heavily on Chinese imports, with the vast majority of models failing to meet the domestic value-addition thresholds mandated under the government’s Production-Linked Incentive (PLI) scheme. According to a Times of India report, only six out of 46 electric… Continue reading India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits
CAQM revises GRAP framework; several Stage II, III and IV measures to kick in earlier
CAQM issued clarifications emphasising that Stage IV measures had not been enforced. The air quality remained severe (Stage III), but not at the emergency level requiring Stage IV, it said. The Commission for Air Quality Management (CAQM) on Saturday issued an order revising the implementation schedule of the Graded Response Action Plan (GRAP) for the… Continue reading CAQM revises GRAP framework; several Stage II, III and IV measures to kick in earlier
BeMC plans to set up 14 EV charging stations in silk city
BeMC commissioner Prathamesh Arvind Rajeshirke has given the proposal to the govt. The Berhampur Municipal Corporation (BeMC) has proposed installing public charging stations (PCS) for electric vehicles at 14 different locations across silk city and Gopalpur. The move comes as e-vehicle registrations in Ganjam district have crossed 4,500 by Oct-end, with most being two-wheelers. The… Continue reading BeMC plans to set up 14 EV charging stations in silk city
Navi UPI ties up with ONDC to offer metro QR ticketing across Delhi, Mumbai and Bengaluru
The service is currently live with Delhi Metro, Mumbai Metro (Lines 1, 2A, 7 and 3) and Bengaluru Metro. Navi UPI has integrated with the Open Network for Digital Commerce (ONDC) to allow commuters in Delhi, Mumbai and Bengaluru to buy metro QR tickets through the Navi app. Through the integration, users can plan routes,… Continue reading Navi UPI ties up with ONDC to offer metro QR ticketing across Delhi, Mumbai and Bengaluru
Saudi Arabia, Stellantis exploring local vehicle manufacturing
The partnership is intended to support the kingdoms Vision 2030 plan launched in 2016 to diversify the economy away from oil, stimulate investment and private sector growth, and modernise economic and social infrastructure. Saudi Arabia is exploring with global car maker Stellantis and Saudi auto products and services conglomerate Petromin Corporation, setting up vehicle manufacturing… Continue reading Saudi Arabia, Stellantis exploring local vehicle manufacturing
Industry seeks 5% GST for REEVs as draft CAFE norms equate them with BEVs
Draft CAFE 3 norms propose treating battery-electric vehicles and the new range-extender electric vehicles category as the same for fuel-efficiency and CO₂ targets. The draft Corporate Average Fuel Efficiency (CAFE) 3 norms, which seek to tighten fuel-efficiency and carbon-dioxide-emission targets for all passenger vehicle OEMs, have equated battery-electric vehicles (BEVs) with a new category of… Continue reading Industry seeks 5% GST for REEVs as draft CAFE norms equate them with BEVs
US Transportation Department endorses a female crash test dummy that more closely resembles women
America’s road safety is set for an upgrade; The US government has unveiled a new crash test dummy. The US government on Thursday released a new crash test dummy design that advocates believe will help make cars safer for women. The Department of Transportation will consider using the dummy in the government’s vehicle crash test… Continue reading US Transportation Department endorses a female crash test dummy that more closely resembles women