Once funds are allocated to the ministry, a proposal for the incentives to be offered to steel mills would be sent for cabinet approval, the sources said. India’s steel ministry has asked for 150 billion rupees (USD 1.74 billion) from the budget to offer mills incentives to produce low-carbon steel, two government sources with direct… Continue reading India’s steel ministry seeks USD 1.7 billion from budget to help mills cut emissions, sources say
Author: Economic Times of India Online News
Republicans can slow but not stop electric vehicles, experts say
Still, many auto experts say market forces and technological progress will ultimately drive a long-term transition to electric vehicles regardless of how far Republicans go in undoing President Joe Biden’s climate agenda. To a large extent, the electric vehicle market in the United States runs on Democratic policies. There are federal tax credits for car… Continue reading Republicans can slow but not stop electric vehicles, experts say
In near to medium term hybrid auto penetration will be faster than EVs in India: Report
The report says the automotive sector is going through a once-in-a-century kind of transition towards greener energies. As the energy transition in India moves quickly towards green energy, hybrid penetration will increase faster in the near to medium term, according to a report by Institutional Research. The key drivers behind the hybrid penetration will be… Continue reading In near to medium term hybrid auto penetration will be faster than EVs in India: Report
Shimnit Group to showcase security, safety, and sustainability solutions at Bharat Mobility 2025
Shimnit Group and its associated companies are participating in Bharat Mobility 2025, taking place from January 17–22, 2025. Shimnit Group and its associated companies, leaders in innovative solutions for the automotive industry, proudly announce their participation in Bharat Mobility 2025, taking place from January 17–22, 2025. With a vision to transform the mobility landscape, Shimnit… Continue reading Shimnit Group to showcase security, safety, and sustainability solutions at Bharat Mobility 2025
Lubi Industries receives order from BPCL to install 1,400 fast DC EV chargers across India
The project aligns with India’s goals of energy independence and cleaner transportation. It underscores the importance of local manufacturing and quality control in developing EV infrastructure. Lubi Industries has secured a contract from Bharat Petroleum Corporation Limited (BPCL) to manufacture and install 1,400 fast DC EV chargers across India. This partnership aims to expand India’s… Continue reading Lubi Industries receives order from BPCL to install 1,400 fast DC EV chargers across India
Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector
In November, Trump said on social media that immediately after his January 20 inauguration, he would sign “all necessary documents” to begin charging Mexico and Canada 25% tariffs unless illegal immigration and fentanyl trafficking are halted. Michigan Governor Gretchen Whitmer warned on Wednesday that potential 25% tariffs on imports from Mexico and Canada suggested by… Continue reading Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector
Workers protest outside Maruti factory, permanent jobs, pay parity among demands
Updated On Jan 16, 2025 at 09:09 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The workers, protesting under the banner of ‘Maruti Suzuki Asthayi Mazdoor Sangh’, demanded that reliance on temporary workers for regular production in all plants of the company be ended. Casual and non-permanent workers of Maruti Suzuki… Continue reading Workers protest outside Maruti factory, permanent jobs, pay parity among demands
Vehicle to Load (VtoL), the next game changer in the EV mobility space
By prioritizing user convenience, manufacturers can encourage more people to embrace this technology. India’s ambitious push towards electric mobility is rapidly transforming the automotive landscape. A strong focus on cleaner alternatives, combined with advancements in technology, is driving the rapid adoption of electric vehicles (EVs), especially within the two-wheeler and three-wheeler segments. The rapid progress… Continue reading Vehicle to Load (VtoL), the next game changer in the EV mobility space
International Battery Company to commence production at its ‘Giga Factory Unit’ in Bengaluru in 9 months
Currently, IBC produces lithium-ion cells at its 35,000-square-foot facility in South Korea, which are then brought to India to make the finished product. Lithium-ion batteries manufacturer the International Battery Company (IBC) is set to commence production at its ‘Giga Factory Unit’ in Bengaluru within nine months, Karnataka’s Minister for Large and Medium Industries, M B… Continue reading International Battery Company to commence production at its ‘Giga Factory Unit’ in Bengaluru in 9 months
IIT Bombay introduces e-Postgraduate diploma in e-mobility for upcoming EV professionals
The program addresses the rising demand for skilled professionals in the electric vehicle industry, driven by government policies and environmental concerns. IIT Bombay, in partnership with Great Learning, is launching an 18-month e-Postgraduate Diploma in e-mobility starting March 2025. This industry-focused program aims to equip professionals with skills needed for the growing electric vehicle sector.… Continue reading IIT Bombay introduces e-Postgraduate diploma in e-mobility for upcoming EV professionals