President Donald Trump said Friday that he planned to move forward with tariffs on foreign cars on April 2, but did not specify how much the tariffs would be or which nations could be targeted. Asked about when he might impose car tariffs during remarks in the Oval Office, Trump said “maybe around April 2.”… Continue reading Trump says auto tariffs coming April 2
Author: Economic Times of India Online News
K’taka floats clean mobility policy
An additional INR 15,000 crore is expected to be invested by August 31, industries minister MB Patil said during Invest Karnataka. Karnataka on Friday unveiled its clean mobility policy (2025-2030) targeting about INR 50,000 crore investment and one lakh new jobs across the clean mobility value chain. Energy minister KJ George released the policy, which… Continue reading K’taka floats clean mobility policy
India’s auto sector not likely to face major impact due to US tariff hike
He also mentioned India for its high tariff barriers. Indian automotive manufacturers are not likely to face any major impact due to US President Donald Trump’s reciprocal tariffs as these companies sell their products largely in the fast-growing domestic market, according to analysts. “OEMs (original equipment manufacturers) are largely insulated due to heavy localisation and… Continue reading India’s auto sector not likely to face major impact due to US tariff hike
FAME India Phase-II Scheme supports over 16.14 lakh EVs: Centre
As India doubles down on the local manufacturing of electric vehicles (EVs), the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME India) Scheme Phase-II has supported more than 16.14 lakh EVs, the government said on Thursday.FAME India Phase II scheme was implemented for a period of five years from April 1,… Continue reading FAME India Phase-II Scheme supports over 16.14 lakh EVs: Centre
India self-sufficient to fund renewable energy needs: Niti Aayog
Suman Bery, Vice-Chairperson at NITI Aayog India will not face a funding shortfall to finance the energy transition and has the potential to meet its needs through the private sector, according to the government’s think tank Niti Aayog. “India has a strong tradition of private sector investments, largely driven by the stability of regulations and… Continue reading India self-sufficient to fund renewable energy needs: Niti Aayog
Ather Energy teams up with ChargeMOD to add 121 EV charging stations in Kerala
Ather grid Ather Energy, an Indian electric two-wheeler manufacturer, has partnered with ChargeMOD, a Kerala-based charge point operator, to expand charging access for EVs equipped with the LECCS connector. This collaboration adds 121 new charging locations in Kerala, boosting Ather’s existing network of 291 fast chargers in the state as of December 31, 2024. As… Continue reading Ather Energy teams up with ChargeMOD to add 121 EV charging stations in Kerala
Car sales shift to first gear in Jan after demand bump
At Toyota Kirloskar Motor (TKM) too, sales grew 13% to 26,178 units. New Delhi: Sales of passenger cars, vans and utility vehicles grew in low single-digits in January, mainly because of a high base and continued tepid demand in the local market. Market leader Maruti Suzuki posted a 4% rise from a year earlier at… Continue reading Car sales shift to first gear in Jan after demand bump
Elon Musk met Modi, assume he wants to do business in India: Donald Trump
Updated On Feb 14, 2025 at 08:10 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals PM Modi, Elon Musk discuss strengthening collaboration in innovation, space exploration and AI US President Donald Trump on Friday reacted to the meeting between Indian Prime Minister Narendra Modi and Tesla CEO Elon Musk in Washington.… Continue reading Elon Musk met Modi, assume he wants to do business in India: Donald Trump
PV domestic dispatches up 1.6% at 3.99 lakh units in January: SIAM
SIAM noted that the data includes figures from Tata Motors, which only provides quarterly data. Excluding Tata Motors, the industry registered sales of 3.51 lakh units in January 2025. The Society of Indian Automobile Manufacturers (SIAM) released its data for January 2025, revealing positive growth across all automotive segments in both domestic and export markets.… Continue reading PV domestic dispatches up 1.6% at 3.99 lakh units in January: SIAM
How Tata Motors plans to take a lead in EV charging ecosystem
The mega chargers will be accessible to all EV users, however, Tata Motors’ customers will receive priority access and preferential tariff rates. New Delhi: In its efforts to strengthen its position in the electric vehicle (EV) ecosystem space, Tata Motors announced on Thursday it will double the number of charging points in India to 4… Continue reading How Tata Motors plans to take a lead in EV charging ecosystem