The move came after Supreme Court on Monday asked CAQM to initiate actions under the section, which deals with the penalty for violating the Act, rules, orders or directions issued by the commission. While stage-IV measures under Graded Response Action Plan (GRAP) will continue in NCR at least till Monday, Commission for Air Quality Management… Continue reading CAQM eases GRAP curbs on vehicles for differently abled
Author: Economic Times of India Online News
France slashes electric-car subsidies amid budget crunch
“The government remains firmly committed to the electrification of light vehicles … but the budgetary context is extremely constrained,” the government official told reporters. France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to 4,000 euros based on income, down from the previous range of… Continue reading France slashes electric-car subsidies amid budget crunch
UK to review electric car sales targets after industry backlash
“It is really important … to make sure that we get the balance right and (have) proper support for the automotive sector, the car industry, in Britain,” she told reporters. Britain said on Wednesday it would rethink the rules that force carmakers to produce more electric vehicles after the industry warned that the current plan… Continue reading UK to review electric car sales targets after industry backlash
Delhi’s EV policy extended till March 2025
Under the EV policy, a subsidy of INR 5,000 per kWh of battery capacity (up to a maximum of INR 30,000) is provided for the purchase of an electric two-wheeler. Delhi’s EV policy will be extended till March 31, 2025, CM Atishi announced on November 28. As per the announcement, subsidies and road tax exemptions… Continue reading Delhi’s EV policy extended till March 2025
US targets scrap to close the critical minerals gap: Andy Home
The country is the world’s largest exporter of both copper and aluminium scrap, much of the outbound flow ending up in China. The United States hasn’t had a tin smelter since 1991. That year marked the closure of the Longhorn plant in Texas, which was built with federal funds in 1942 to reduce the country’s… Continue reading US targets scrap to close the critical minerals gap: Andy Home
India’s smog-struck cities highlight urgent need for multi-modal EV solutions
Given that vehicles are the leading contributors to air pollution in Delhi, the urgency for sustainable solutions is more pressing than ever. New Delhi: With the national capital’s toxic smog levels soaring past 60 times the WHO’s recommendeddaily maximum and Air Quality Index (AQI) figures plunging into the and “severe-plus” category, India’s air quality crisis… Continue reading India’s smog-struck cities highlight urgent need for multi-modal EV solutions
EU chief launches new initiative to help struggling carmakers
This will bring key sector players around the table “to design solutions together as this industry goes through a deep and disruptive transition”, she said. EU chief Ursula von der Leyen announced Wednesday she will personally lead a new initiative to help Europe’s troubled car industry steer through “a deep and disruptive transition” that already… Continue reading EU chief launches new initiative to help struggling carmakers
Rupee eyes breathing room as dollar softens, US bond yields dip
Treasury yields retreated, with the 10-year yield dipping to a four-week low of 4.22%, after U.S. personal consumption expenditure (PCE) data came in along expected lines. The Indian rupee is expected to open flat to slightly higher on Thursday, supported by a pullback in the U.S. dollar index due to a dip in U.S. bond… Continue reading Rupee eyes breathing room as dollar softens, US bond yields dip
India cannot address problem of pollution without cutting fossil fuels import: Gadkari
Union Minister Nitin Gadkari New Delhi: India cannot address the problem of pollution without reducing import of fossil fuels, Union Minister Nitin Gadkari said on Wednesday. Addressing ‘Times Drive Green Conclave & Awards 2024’ event, Gadkari further said a bio-fuel economy is very import today and it is in good position in India. He said… Continue reading India cannot address problem of pollution without cutting fossil fuels import: Gadkari
India & France need to expand aerospace and EV ties: Union Minister Piyush Goyal
“France is the 11th largest foreign direct investor for India and over 750 companies have their presence here, with 70 Indian companies working in France,” Goyal said. India and France can expand partnerships in aerospace, electric vehicles, agricultural and food processing for mutual benefit of both nations, commerce & industry minister Piyush Goyal said Wednesday.… Continue reading India & France need to expand aerospace and EV ties: Union Minister Piyush Goyal