General Motors halts vehicle production at two US plants due to Hurricane Helene. General Motors has temporarily halted truck and SUV production at two assembly plants in Texas and Michigan because of impacts to its suppliers due to Hurricane Helene, the automaker said Friday. The Detroit automaker said production at Flint Assembly and Arlington Assembly… Continue reading General Motors halts vehicle production at two US plants due to Hurricane Helene
Author: Economic Times of India Online News
EU tests mettle to take on China with new EV tariff fight
EU tests mettle to take on China with new EV tariff fight. The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies. French President Emmanuel Macron warned this week that… Continue reading EU tests mettle to take on China with new EV tariff fight
C-BAM aims to reward India’s investment in green energy: French Envoy to OECD
C-BAM, which will come into effect in January 2026, imposes a carbon tariff on products like steel, cement and electricity imported to the EU. The Carbon Border Adjustment Mechanism (C-BAM), introduced by the European Union, aims to recognise and reward India‘s significant investment in green energy, said Amelie de Montchalin, France’s permanent representative to the… Continue reading C-BAM aims to reward India’s investment in green energy: French Envoy to OECD
EU executive to adopt tariffs on Chinese EVs after vote
10 EU members backed tariffs and five voted against, with 12 abstentions. The European Commission said on Friday it had received enough support in a vote of EU members to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc’s highest profile trade case, risking retaliation from Beijing. The Commission,… Continue reading EU executive to adopt tariffs on Chinese EVs after vote
Vedanta reports rise in production of aluminium, zinc, iron ore in Q2
The aluminium output grew 3 % to 6,09,000 tonnes in the second quarter compared to the same period last year, Vedanta said. Mining giant Vedanta Ltd on Friday reported a rise in production of aluminium, zinc and iron ore in the September quarter. However, the production of steel, mined metal overseas and oil and gas… Continue reading Vedanta reports rise in production of aluminium, zinc, iron ore in Q2
US, India to cooperate on critical minerals: statement
Minister of Commerce and Industry Piyush Goyal. The United States and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the US Commerce Department said Thursday in a statement. US Commerce Secretary Gina Raimondo and India’s Minister of Commerce and Industry Piyush Goyal met in… Continue reading US, India to cooperate on critical minerals: statement
Green hydrogen hype fades as high costs force project retreat
Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll. In recent months, some of the biggest would-be developers of the fuel have canceled projects, axed orders and scaled back investment plans.… Continue reading Green hydrogen hype fades as high costs force project retreat
Spain calls for compromise with China ahead of EU vote on EV tariffs
Spain calls for compromise with China ahead of EU vote on EV tariffs. The European Union should seek a compromise and negotiated outcome with China, Spain said on Thursday, on the eve of a crucial EU vote on electric vehicle (EV) tariffs. Instead of imposing tariffs, the EU should “keep negotiations open … beyond the… Continue reading Spain calls for compromise with China ahead of EU vote on EV tariffs
EU governments face pivotal vote on Chinese EV tariffs
France, Greece, Italy and Poland would vote in favour, enough to avert a blocking majority against tariffs. European Union members face a pivotal vote on Friday on whether to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc’s highest profile trade case, which risks retaliation from Beijing. The European… Continue reading EU governments face pivotal vote on Chinese EV tariffs
How Delhi can take road to cleaner air
The analysis is based on data on the 65 long-term issues that were resolved and which were within the vicinity of the sensors. A new study by the Indian Institute of Technology, Delhi, has revealed a 15-26% drop in PM2.5, or extremely small, respirable pollutant particles, at three clusters in the city by tackling dispersed… Continue reading How Delhi can take road to cleaner air