Piyush Goyal’s US visit: India, America to discuss pact to boost collaboration in critical minerals

The minister will also interact with leading American and Indian CEOs and industry leaders to highlight the vast opportunities for investment in India. India and the US are negotiating a pact to enhance collaboration in essential critical minerals, and the issue will figure during the visit of Commerce and Industry Minister Piyush Goyal to Washington… Continue reading Piyush Goyal’s US visit: India, America to discuss pact to boost collaboration in critical minerals

IPO rush: Hyundai, Swiggy, NTPC Green Energy among cos looking to raise Rs 60,000 cr in Oct-Nov

Hyundai Motor India Ltd, the Indian subsidiary of South Korea’s Hyundai Motor Company, is expected to raise INR 25,000 crore, making it the largest-ever IPO in India. The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over… Continue reading IPO rush: Hyundai, Swiggy, NTPC Green Energy among cos looking to raise Rs 60,000 cr in Oct-Nov

Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene

Keeping electric vehicles out of standing water is the best way to avoid the possibility of a fire. Electric vehicles can catch fire if they are inundated by saltwater, so owners who live in the path of a major storm like Hurricane Helene should take precautions and prepare for the possibility that they’ll be unable… Continue reading Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene

With 23% CAGR, global EV market to soar to USD 2108 billion by 2033: Report

The global electric vehicle market, valued at USD 255 billion in 2023, is projected to reach USD 2,108 billion by 2033. New Delhi: The global electric vehicle (EV) market, valued at USD 255 billion in 2023, is expected to experience an expansion, projected to reach USD 2,108 billion by 2033, according to an Axis Securities… Continue reading With 23% CAGR, global EV market to soar to USD 2108 billion by 2033: Report

UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract

The United Auto Workers union has asked Stellantis workers to authorize a strike. The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of breaking its contract promises, UAW President Shawn Fain said in a letter to the union’s U.S. chapters on Friday. “We unanimously recommend… Continue reading UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract

Chinese automaker BYD seeks further easing of Mexico EV tariffs

Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico’s government. Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico‘s government, an executive told newspaper Reforma in an interview published on Friday, as the company aims to build a plant in the… Continue reading Chinese automaker BYD seeks further easing of Mexico EV tariffs

Non-payment of toll charges to reflect on Vahan portal, app

The proposal has been forwarded to the ministry as the NHAI has started adopting a free-flow system of tolling on some stretches. Soon, evading toll charge payment for long after using a tolled highway stretch due to faulty or blacklisted FASTags won’t be possible. Such non-payment of toll charges will reflect on the Vahan portal… Continue reading Non-payment of toll charges to reflect on Vahan portal, app

Companies need to stop seeing talent diversity as a CSR goal: HR leaders

Targets related to gender diversity are possible only when organisations consider it from their business needs rather than mere inclusion needs. The automobile industry needs to stop seeing talent diversity as a corporate social responsibility (CSR) goal, and consider it as a core to their business, said Amrita Ganguly, Chief Diversity Officer, Tata Motors. Speaking… Continue reading Companies need to stop seeing talent diversity as a CSR goal: HR leaders

Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene

Electric vehicle owners in hurricane-prone areas should take precautions to avoid potential fires caused by saltwater flooding. Electric vehicles can catch fire if they are inundated by saltwater, so owners who live in the path of a major storm like Hurricane Helene should take precautions and prepare for the possibility that they’ll be unable to… Continue reading Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene

EU changes hydrogen project auction rules to limit Chinese presence

In the upcoming round, projects cannot have parts sourced from China exceeding 25% of the plant’s production capacity. The European Union announced changes to its rules governing auctions for hydrogen grants in an effort to limit EU dependence on China in its renewable energy supply chain, the new terms published on Friday showed. China has… Continue reading EU changes hydrogen project auction rules to limit Chinese presence