Beijing on Tuesday announced it planned to start an anti-dumping investigation. China said on Friday it had requested talks with Canada at the World Trade Organization on tariffs Ottawa has imposed on its electric vehicles as well as steel and aluminum goods, the same week Beijing announced plans to probe Canadian canola imports. Beijing on… Continue reading China requests consultations with Canada at WTO over tariffs
Author: Economic Times of India Online News
Allow natural growth of India’s e-vehicle sector to avoid becoming ‘EV colony’ for China: GTRI
The GTRI suggested that India should focus on capturing leadership in the next phase of EVs. New Delhi : The government should allow the domestic electric vehicle sector to grow naturally without relying on incentives as it would avoid India becoming an ‘EV colony’ for China, think tank GTRI said on Friday. India faces unique… Continue reading Allow natural growth of India’s e-vehicle sector to avoid becoming ‘EV colony’ for China: GTRI
Volkswagen’s German battery plant to stay at half capacity amid cost pressures
Volkswagen’s PowerCo battery subsidiary to initially build only one production line at its Salzgitter plant in Germany. Volkswagen‘s PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in Germany for now, its works council said, as the sector adjusts to slowing demand for electric vehicles. Group technology chief… Continue reading Volkswagen’s German battery plant to stay at half capacity amid cost pressures
Stellantis to invest USD 385 mn in Argentine plant
Stellantis to invest USD 385 million in its plant in the province of Cordoba, Argentina. Automaker Stellantis will invest USD 385 million in its plant in the province of Cordoba, Argentina, between 2025 and 2030, the firm’s South America head Emanuele Cappellano said on Thursday. The amount, part of the 5.6 billion euros ( USD… Continue reading Stellantis to invest USD 385 mn in Argentine plant
China’s Xi promises USD 50 billion for Africa over next three years
Xi Jinping pledged more than USD 50 billion in financing for Africa. Beijing: Chinese leader Xi Jinping pledged on Thursday more than USD 50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing’s biggest summit since the Covid pandemic.… Continue reading China’s Xi promises USD 50 billion for Africa over next three years
40% vehicles in Bhopal fail to comply with PUC mandate
35% to 40% of vehicles are operating without mandatory PUC checks in Bhopal. Bhopal: In Bhopal, a significant portion of vehicles, ranging from 35% to 40%, continue to operate on the roads without undergoing the mandatory Pollution Under Control (PUC) check. This alarming situation persists despite the presence of 130 PUC centres catering to a… Continue reading 40% vehicles in Bhopal fail to comply with PUC mandate
Driving the future with green routes: A strategic approach to sustainable mobility
The proliferation of electric vehicles necessitates a long-term roadmap that addresses the end-of-life management of EV batteries, ensuring minimal environmental impact through sustainable recycling processes. Sustainability has transcended its status as a mere buzzword to become a crucial global imperative. As the world grapples with the urgency of reducing carbon footprints and meeting regulatory guidelines,… Continue reading Driving the future with green routes: A strategic approach to sustainable mobility
Yellen warns that ending US clean energy tax credits would raise consumer costs
Janet Yellen warned any attempts to roll back the Biden administration’s clean energy tax credits would raise costs for families. Raleigh, North Carolina: Treasury Secretary Janet Yellen on Thursday warned that any attempts to roll back the Biden administration‘s clean energy tax credits would raise costs for families and jeopardize new investments in U.S. manufacturing… Continue reading Yellen warns that ending US clean energy tax credits would raise consumer costs
Creditor files for liquidation of Evergrande NEV’s unit
A creditor has filed a bankruptcy petition against a unit of China Evergrande New Energy Vehicle Group. A creditor filed a petition for the bankruptcy of a unit of China Evergrande New Energy Vehicle Group, a subsidiary of China Evergrande Group, in a Shanghai court, the third such petition against the embattled car company. Trading… Continue reading Creditor files for liquidation of Evergrande NEV’s unit
Unions pledge to leave ‘no idea unexplored’ in tackling VW crisis
Germany’s biggest union pledged to leave no idea unexplored to counter Volkswagen management’s threat of closing domestic plants. Germany’s biggest union pledged to leave no idea unexplored, including a move to a four-day week, to counter Volkswagen management’s threat of closing domestic plants for the first time in its history and dissolving decades-old job guarantees.… Continue reading Unions pledge to leave ‘no idea unexplored’ in tackling VW crisis