Ron Hesse speaks with Bill Russo In the 33-minute Audio Interview, Mr. Russo discusses these questions: Could you provide us with an overall view of the current state of the China automotive industry? What challenges are foreign car makers and suppliers facing in the world’s largest market? As Chinese automotive and tech companies are moving… Continue reading Audio Interview| China’s automotive industry: Global update
Author: Economic Times of India Online News
Servotech bets on EV charger production, new solar products to strengthen energy biz
To meet the above mentioned targets, the company is also planning to launch solar products and mobile apps for enhanced customer satisfaction by 2025. New Delhi: Servotech Power Systems Ltd., a 20 year old manufacturer of renewable energy solutions, has launched new products under its solar business division and announced upcoming business plans to strengthen… Continue reading Servotech bets on EV charger production, new solar products to strengthen energy biz
Incentive package in works to push green steel manufacturing
The government is readying a package to incentivise the adoption of green steel manufacturing in the country. The government is readying a package to incentivise the adoption of green steel manufacturing in the country, officials said. It could be a combination of soft loans, interest subvention scheme, viability gap funding and production-linked incentive scheme, besides… Continue reading Incentive package in works to push green steel manufacturing
Earnings from GST and VAT see marginal rise in Delhi
Through GST and VAT, Delhi govt earned INR 21,439 crore in the first six months of 2024-25. Delhi‘s earnings through motor vehicle tax and goods and services tax in the first six months of the 2024-25 financial year tax revenue were not very “encouraging”, sources in govt said. While the collection from motor vehicle tax… Continue reading Earnings from GST and VAT see marginal rise in Delhi
‘Very poor’ AQI reflects lapse by authorities: NGT
National Green Tribunal observed that it reflected a lapse by the authorities in preventing the dip in air quality in NCR. Noting that Delhi’s Air Quality Index (AQI) was 364 in the very poor category on Oct 23, National Green Tribunal observed that it reflected a lapse by the authorities in preventing the dip in… Continue reading ‘Very poor’ AQI reflects lapse by authorities: NGT
Consumers exploring both luxury, sustainable mobility alternatives: Survey
With hybrid vehicles gaining traction, they are expected to act as a bridge, building consumer familiarity with alternative technologies and ultimately accelerating future EV adoption, it opined. Consumers are exploring both luxury and sustainable alternatives, setting the stage for a new era in the Indian automotive sector, according to a survey by Grant Thornton Bharat.… Continue reading Consumers exploring both luxury, sustainable mobility alternatives: Survey
UAE corporates unite for Zero Emission Vehicles: The Road2.0 initiative
By the end of this year, Road2.0 signatories will have put 90 Commercial EVs on UAE roads. Corporate signatories of the ‘Road2.0 powered by UACA’ initiative have published a declaration of their intent to adopt and promote zero emission vehicles (vehicles operating without producing tailpipe emissions), in a first-of-its-kind showcase of the robust corporate demand… Continue reading UAE corporates unite for Zero Emission Vehicles: The Road2.0 initiative
UAE corporates publish declaration to adopt, promote electric vehicle ecosystem
The collaborative endeavour demonstrates strong corporate leadership in support of UAE’s Net Zero by 2050 Strategic Initiative and the UAE’s Demand Side Management Programme. Corporate signatories of the ‘Road2.0 powered by UACA‘ initiative have published a declaration of their intent to adopt and promote zero emission vehicles (vehicles operating without producing tailpipe emissions), in a… Continue reading UAE corporates publish declaration to adopt, promote electric vehicle ecosystem
Rio Tinto signs MOU with China’s Nanjing steel on decarbonisation
Rio Tinto last year signed a MoU with China Baowu, the world’s biggest steelmaker by volume, to develop projects aimed at enabling lower grade ore to be used in low-carbon steelmaking. The world’s largest iron ore miner Rio Tinto said on Friday it signed a Memorandum of Understanding (MOU) with China’s Nanjing Iron and Steel… Continue reading Rio Tinto signs MOU with China’s Nanjing steel on decarbonisation
China Evergrande’s EV unit to cease discussions for stake sale
The company said an application has been made for the resumption of trading in shares on stock exchange from Oct. 28. China Evergrande New Energy Vehicle said on Friday that its potential sellers have decided to cease talks for a stake sale in the company, which is the electric vehicle unit of the debt-laden China… Continue reading China Evergrande’s EV unit to cease discussions for stake sale