Gunjan Krishna said the policy aims to expand EV infrastructure by offering incentives to manufacturers and users, The govt will soon launch its ‘Clean Mobility Policy’ — which chief minister Siddaramaiah had announced in his Independence Day speech — to promote sustainable transportation in Karnataka. Industries commissioner Gunjan Krishna on Monday said the policy aims… Continue reading Clean Mobility Policy to boost city’s EV infra
Author: Economic Times of India Online News
UAW union files unfair labor practice charges against automaker Stellantis
Stellantis said the automaker has not yet received the filing to review. The United Auto Workers union said on Monday it had filed unfair labor practice charges against Chrysler-parent Stellantis for violating the labor contract the parties reached last fall. The UAW said it filed charges with the National Labor Relations Board because Stellantis has… Continue reading UAW union files unfair labor practice charges against automaker Stellantis
Rupee expected to remain steady ahead of Fed decision
India’s foreign exchange reserves rose to a record high of USD 689.2 billion as of Sept. 6, according to central bank data. The Indian rupee is expected to open nearly flat on Tuesday, with traders expecting the currency to see largely rangebound price action ahead of U.S. Federal Reserve‘s policy decision this week. The 1-month… Continue reading Rupee expected to remain steady ahead of Fed decision
Belgian workers march in sympathy over threats to Audi Brussels
Over 5,000 people marched in Brussels, halting most public transport, to support Audi Brussels workers facing job threats. More than 5,000 people marched through Brussels and most public transport in the Belgian capital was suspended on Monday in solidarity with workers of Audi Brussels whose jobs are threatened. Audi, a subsidiary of Volkswagen, announced in… Continue reading Belgian workers march in sympathy over threats to Audi Brussels
The Climate Pledge launches network of shared charging stations for EVs
Amazon and Global Optimism’s Climate Pledge launched a network of shared EV charging stations in Bengaluru. Mumbai: Amazon and Global Optimism co-founded The Climate Pledge on Monday launched a network of shared charging stations for faster adoption of electric mobility, with the Pledge signatories and partners looking to collectively invest over USD 2.65 million into… Continue reading The Climate Pledge launches network of shared charging stations for EVs
Italy backs EU’s tariffs on Chinese electric cars
Italy supports the European Commission’s proposed tariffs on Chinese electric vehicle exports to protect its companies’ competitiveness. Italy backs tariffs proposed by the European Commission on Chinese exports of electric vehicles (EVs), Italian Foreign Minister Antonio Tajani said in an interview published on Monday before he met China’s commerce minister in Rome. “We support the… Continue reading Italy backs EU’s tariffs on Chinese electric cars
Delhivery and Team Global Logistics forge partnership for ocean freight services
Teamglobal Logistics is known as the largest Less than Container Load (LCL) operator in India. Delhivery has announced a strategic partnership with Teamglobal Logistics, which specialises in ocean freight. This collaboration will enhance Delhivery’s cross-border services, providing access to 120+ countries for its Less than Container Load (LCL) service, while Teamglobal will benefit from Delhivery’s… Continue reading Delhivery and Team Global Logistics forge partnership for ocean freight services
What will drive the next phase of EV adoption in India?
Vehicle electrification is becoming self-sustaining in India. Since the launch of the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) subsidies in April 2015, about 3.9 million EVs have been sold in India; 70% of those in just the past two years. Subsidies under Electric Mobility Promotion Scheme (EMPS) 2024, which ends in… Continue reading What will drive the next phase of EV adoption in India?
Bengal transport dept to streamline e-rickshaw registration, phase out illegal vehicles
West Bengal transport department plans to streamline e-rickshaw registration. Kolkata: The West Bengal transport department has decided to streamline the registration of e-rickshaws and phase out unregistered and illegally manufactured vehicles. The decision was taken in view of representations from various bodies about the plying of lakhs of unregistered e-rickshaws built in workshops without following… Continue reading Bengal transport dept to streamline e-rickshaw registration, phase out illegal vehicles
Volkswagen may book 3-4 bn euro in provisions on capacity cuts, says Jefferies
Volkswagen may record billions of euros in provisions for planned capacity cuts as early as the fourth quarter. Volkswagen may book billions of euros in provisions for planned capacity cuts as early as the fourth quarter, brokerage Jefferies wrote in a note after accompanying the carmaker’s management. The comments by Jefferies come after Volkswagen earlier… Continue reading Volkswagen may book 3-4 bn euro in provisions on capacity cuts, says Jefferies