The fallout is notable given their history. Musk once praised Trump for efforts to reduce bureaucratic red tape and briefly served on the president’s business advisory council in early 2017. However, he stepped down that same year over differences regarding climate policy. US President Donald Trump and Tesla CEO Elon Musk, once allies, are now… Continue reading ‘Electric cars that nobody else wanted…’: Donald Trump’s shocking words on Elon Musk; says Biden should have terminated Musk’s subsidies
Author: Economic Times of India Online News
India, Italy get into a huddle over critical mineral squeeze
The concerns assume significance as China possesses around 90% of rare earth magnet supplies. India and Italy Thursday cautioned against some countries’ dominance on critical minerals and how the over-dependence on these key components of semiconductor, aerospace industry and EV batteries can be reduced. Commerce and industry minister Piyush Goyal said the concentration of critical… Continue reading India, Italy get into a huddle over critical mineral squeeze
China silent about lifting export curbs on rare earth metals amid growing concerns in India, world
The request was made during a meeting between the sides’ top commerce officials in Paris on Tuesday. China, which holds the global monopoly over the precious rare earth metals needed for manufacturing of phones, automobiles and missiles, continues to play hardball over lifting export restrictions of the precious metals warding off pressures from a host… Continue reading China silent about lifting export curbs on rare earth metals amid growing concerns in India, world
US auto suppliers say immediate action needed on China rare earths restrictions
Rare-earth magnet exports from China halved in April as companies grappled with an opaque application process for permits that sometimes require hundreds of pages of documents. A group representing auto suppliers in the United States called on Wednesday for immediate action to address China’s restricted exports of rare earths, minerals and magnets, warning the issue… Continue reading US auto suppliers say immediate action needed on China rare earths restrictions
India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will… Continue reading India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
Auto retail sales rise by 5.1% in May; PVs lag: FADA
In a survey of FADA members, 55.46 per cent anticipated flat demand for June 2025, while 31 per cent expected growth and 13.54 per cent forecast a decline. The Federation of Automobile Dealers Associations (FADA) has reported a 5.1 per cent year-on-year (YoY) increase in total vehicle retail sales for May 2025. According to the… Continue reading Auto retail sales rise by 5.1% in May; PVs lag: FADA
Auto ancillary stocks shift into top gear, but caution lights on
Published On Jun 6, 2025 at 08:11 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals This may impact Indian auto parts suppliers with global linkages like Bharat Forge, Sona BLW. Auto ancillary companies have generated higher investor interest over the past month amid buoyancy in the broader market. However, investors need… Continue reading Auto ancillary stocks shift into top gear, but caution lights on
EV cars, two-wheelers driving Lucknow closer to green goals
In all the nine localities, the air pollution levels were above the safe limits with Gomtinagar, Charbagh and Chowk being the most polluted localities. Gradual increase in the number of electric vehicles (EV cars and two-wheelers) on Lucknow roads in the last one year and other air pollution abatement measures have brought positive changes in… Continue reading EV cars, two-wheelers driving Lucknow closer to green goals
Need of 6,900 acre land, $9 bn investment by 2030 to set up EV infra: Report
The report further estimated 5,760 to 6,852 acres of land by 2030 to support EV manufacturing, lithium-ion battery plants, and public charging infrastructure. Nearly 6,900 acre of land and USD 9 billion investments will be required by 2030 for setting up facilities for EV (electric vehicle) manufacturing, lithium-ion battery production and public charging stations, according… Continue reading Need of 6,900 acre land, $9 bn investment by 2030 to set up EV infra: Report
Uber appoints Palo Alto CEO Nikesh Arora to board
Palo Alto CEO Nikesh Arora Uber has appointed Palo Alto Networks chief executive Nikesh Arora to its board, according to a filing with the Securities and Exchange Commission. He will serve on the Nominating and Governance Committee and Compensation Committee. Arora, 57, has been the Chairman of the board and chief executive officer (CEO) of… Continue reading Uber appoints Palo Alto CEO Nikesh Arora to board