The three-wheeler segment recorded marginal growth of 0.2%, with 1,88,853 units sold in Q3 FY25 compared to 1,88,434 units in Q3 FY24. The Indian auto industry observed a growth of 3.1% in Q3 of FY25, according to the Society of Indian Automobile Manufacturers (SIAM) report. The sector has performed well, supported by the country’s macroeconomic… Continue reading Auto industry grows 3.1% in Q3 FY25, driven by two-wheelers and passenger vehicles: SIAM
Author: Economic Times of India Online News
Biden administration finalises US crackdown on Chinese vehicles
The U.S. Commerce Department said in the final rules it was making some changes, such as exempting vehicles heavier than 10,000 pounds from the requirements, which would let China’s BYD continue to assemble electric buses in California. President Joe Biden’s outgoing administration is finalising rules on Tuesday that will effectively bar nearly all Chinese cars… Continue reading Biden administration finalises US crackdown on Chinese vehicles
O2 Power bags 800-MWh battery storage project in Rajasthan
The company said it secured the renewable energy project through a competitive bidding conducted by Solar Energy Corporation of India Ltd (SECI) – FDRE VI. Renewable energy platform O2 Power on Tuesday said that it has secured an 800-MWh battery energy storage (BESS) project in Rajasthan. The project comprises installed capacities of 800 MWh battery… Continue reading O2 Power bags 800-MWh battery storage project in Rajasthan
Audio Interview: 2025 Global Automotive Consumer Study: EV inertia returns as hybrid popularity grows
Ron Hesse speaks with Lisa Walker In the 10-minute Audio Interview, Ms. Walker discusses these questions: Please give us a brief overview of Deloitte’s latest “Global Automotive Consumer Study.” What are the key takeaways? The report highlights that EV adoption has remained relatively flat, but interestingly, hybrids are gaining momentum here in the U.S. Can… Continue reading Audio Interview: 2025 Global Automotive Consumer Study: EV inertia returns as hybrid popularity grows
Less traffic, faster buses: Congestion pricing’s first week
Before the tolls were implemented, MTA officials had predicted traffic would be reduced in the congestion pricing zone by about 13% over the course of a year. The first data for New York City’s new congestion pricing program shows that gridlock lessened in its initial week as fewer drivers traveled into the core of Manhattan,… Continue reading Less traffic, faster buses: Congestion pricing’s first week
TCS study reveals 64% of consumers open to EVs despite charging challenges
Sustainability is a primary driver for EV adoption, particularly for consumers and influencers. A new study by Tata Consultancy Services (TCS) reveals that a majority of consumers are considering electric vehicles for their next purchase, driven by sustainability and lower operational costs. The TCS Future-Ready eMobility Study 2025 surveyed over 1,300 respondents across multiple regions,… Continue reading TCS study reveals 64% of consumers open to EVs despite charging challenges
Chinese cos face capital (equipment) punishment
The government has been made aware of the situation by industry and mitigating measures are being considered. Sectors with heavy reliance on China, like electronics, solar panels and electric vehicles (EVs), are facing severe challenges in getting capital equipment including hi-tech machinery, with India’s Far East neighbour almost halting supplies, say industry executives. Beijing’s move,… Continue reading Chinese cos face capital (equipment) punishment
From April, auto cos to recycle 8% of steel used 20 years ago
Officials said these provisions will help make vehicle scrapping at a formal setting known as Registered Vehicle Scrapping Facility (RVSF). From April, automobile manufacturers will have to mandatorily recycle at least 8% of the steel used in production of vehicles sold in 2005-06, as per the new Extended Producer Responsibility (EPR) norm notified by environment… Continue reading From April, auto cos to recycle 8% of steel used 20 years ago
‘If all vehicles go green, city’s per capita health cost to reduce by 16.7%’
The amount of toxicity in the air that Mumbaikars breathe has increased marginally due to a rise in PM2.5 concentration in the air, mainly contributed by the smoke that emanates from lakhs of vehicles daily. Mumbaikars’ per capita healthcare costs can decrease by 16.7% if all vehicles in the city are shifted to electric or… Continue reading ‘If all vehicles go green, city’s per capita health cost to reduce by 16.7%’
Rupee unlikely to find support in Asia FX’s slight recovery
The dollar’s direction over the next few weeks is likely to be dictated by the monthly U.S. inflation data due on Wednesday and what Trump does after he takes office on Jan. 20. The Indian rupee‘s spiral is likely to persist on Tuesday despite the mild recovery in its Asian peers and a pause in… Continue reading Rupee unlikely to find support in Asia FX’s slight recovery