Devansh Shah, Founder and Gunjan Mehta , Co-Founder, MobiLane. India’s electric mobility ecosystem is entering a decisive scale-up phase, opening up a parallel opportunity in EV charging infrastructure as a scalable, long-term business. Against this backdrop, MobiLane, a fast-growing EV charging infrastructure company, has announced an aggressive nationwide expansion of its charging network, designed around… Continue reading MobiLane bets big on India’s EV scale-up, targets nationwide expansion with capital-efficient charging infrastructure
Author: Economic Times of India Online News
BAJA SAEINDIA 2026 to feature extended endurance race for electric vehicles
Battery swapping was introduced in eBAJA SAEINDIA in 2021 and has since become part of the endurance strategy. BAJA SAEINDIA 2026 will conclude with a four-hour endurance race for electric vehicles, followed by the valedictory function. Only teams that clear safety scrutiny, technical inspection and the brake test—requiring all wheels to lock from a speed… Continue reading BAJA SAEINDIA 2026 to feature extended endurance race for electric vehicles
Rio Tinto in talks to buy Glencore to form world’s biggest miner
Rio Tinto and Glencore restarted deal talks at the end of 2025, according to a source with knowledge of the matter. Rio Tinto is in early talks for a possible acquisition of Glencore, the companies said late on Thursday, in what could create the world’s largest mining company with a combined market value of nearly… Continue reading Rio Tinto in talks to buy Glencore to form world’s biggest miner
GM books a $7.1 bn loss as it scales back EV ambitions
In October, GM announced a third-quarter loss of $1.6 billion stemming from its electric vehicle assets. General Motors on Thursday became the latest automaker to announce a big loss from its investments in electric vehicles, as it reckoned with a slump in sales of those cars after Congress and President Donald Trump overhauled federal policy… Continue reading GM books a $7.1 bn loss as it scales back EV ambitions
Rupee steady; bankers stay wary of central bank intervention
The dollar-rupee volatility skew reflects this, with the 1-month 25-delta risk reversal easing to -0.2, indicating that dollar-rupee puts are priced higher than calls. Put options pay off if the dollar-rupee pair falls. Elevated demand to buy dollars at the central bank’s daily reference rate is hurting the local unit, the second trader said. The… Continue reading Rupee steady; bankers stay wary of central bank intervention
No road tax on factory, mine machinery: Supreme Court
This decision overturns a 2011 Gujarat High Court judgment, clarifying that vehicles designed for closed premises are outside the Motor Vehicles Act’s purview. In a relief to companies operating heavy industrial and construction machinery, the Supreme Court Thursday held that vehicles like dumpers, excavators and surface miners used in factories, mines and other closed premises… Continue reading No road tax on factory, mine machinery: Supreme Court
Gadkari pushes closer Centre-state coordination to speed up transport reforms
The meeting focused on road safety, passenger convenience, ease of doing business and automobile regulations. Union Minister for Road Transport and Highways Nitin Gadkari on Thursday said regular consultations between the Centre and states were necessary to ensure policy alignment and coordinated implementation of transport reforms. Gadkari made the remarks while chairing the Annual Meeting… Continue reading Gadkari pushes closer Centre-state coordination to speed up transport reforms
Assocham seeks incentives for hydrogen-based steelmaking, green finance in FY27 Budget
The industry body also called for promoting scrap collection, waste-heat recovery, and renewable captive power plants to curb emissions and reduce import dependence. Ahead of the Budget, Industry body Assocham has urged the government to provide incentives for hydrogen-based direct reduced iron (DRI) and concessional green finance to help the steel sector transition to low-carbon… Continue reading Assocham seeks incentives for hydrogen-based steelmaking, green finance in FY27 Budget
China output cap, tight supply and energy transition may keep aluminium prices on upward trajectory this year: Analysts
Analysts agree that while volatility is inevitable, aluminiums structural fundamentals remain supportive, positioning the metal as a key beneficiary of the global push toward greener growth. Aluminium prices in domestic and global markets are expected to keep an upward trajectory this year as China’s output cap restricts supply while energy-transition demand from electric vehicles, renewables… Continue reading China output cap, tight supply and energy transition may keep aluminium prices on upward trajectory this year: Analysts
EV sales rebound in Germany as Chinese brands make inroads
Representative image Electric vehicle sales rebounded strongly in Germany in 2025, official data showed Tuesday, with Chinese manufacturers making inroads from a low base in the EU’s largest economy despite tariffs. EV sales rose 43.2 percent last year to 545,142 in total, the KBA federal transport authority said, representing 19.1 percent of all new cars… Continue reading EV sales rebound in Germany as Chinese brands make inroads