Other members have wavered about how to vote, the first official test of support for the Commission’s tariff move. Germany is set to abstain in Monday’s vote by European Union member states on imposing provisional tariffs on China-made electric vehicles, sources told Reuters on Friday, in the first test of support for Brussels’ landmark trade… Continue reading Germany set to abstain in vote on EU tariffs for China EVs, say sources
Author: Economic Times of India Online News
Auto workers union chief blasts Trump, praises Biden without using his name
US President Joe Biden United Auto Workers President Shawn Fain on Friday criticized Donald Trump‘s U.S. presidential candidacy and praised President Joe Biden without ever using his name or repeating the union’s January endorsement for his re-election this fall. “It’s clear that Donald Trump in the White House would be a complete disaster for the… Continue reading Auto workers union chief blasts Trump, praises Biden without using his name
Electric Vehicles from a ‘Cradle to Grave’ perspective: Are they climate protectors or destroyers?
The policy is not only to bring new EVs into market but also to curb sale of Internal Combustion Engine Vehicles (ICEVs) and even replace existing ICE powered vehicles. Nations, all over the world, are facing severe damage from climate change caused by the rising average temperature of the earth. To mitigate climate change, 197… Continue reading Electric Vehicles from a ‘Cradle to Grave’ perspective: Are they climate protectors or destroyers?
Vizinjham port will reduce time, logistics cost for Indian manufacturers: APSEZ CEO Karan Adani
Adani Ports and SEZ on Friday announced the arrival of the first mother ship at its Vizhinjam port. The AdGroup‘s Vizinjham port will reduce the logistics cost and time of Indian manufacturers, said Adani Ports and SEZ‘s CEO Karan Adani. “I think with this port we are able to reduce the transit time for our… Continue reading Vizinjham port will reduce time, logistics cost for Indian manufacturers: APSEZ CEO Karan Adani
Odisha drivers trained under SuVahak Project secure employment opportunities in Japan
To prepare for their new roles, these drivers will receive training in Japanese language and etiquettes, organized by the Skill Development and Technical Education Department. Drivers trained at the Institute of Driving Training and Research (IDTR) under the SuVahak project by the State Transport Authority Odisha now have access to employment opportunities in Japan. This… Continue reading Odisha drivers trained under SuVahak Project secure employment opportunities in Japan
UAE’s Ministry of Energy and Infrastructure, Emirates Transport to support green mobility
He noted that UAEV plans to install 100 EV chargers in 2024 and 1,000 EV chargers in total by 2030 across the UAE. The UAE’s Ministry of Energy and Infrastructure (MoEI), represented by UAEV, and Emirates Transport will cooperate in installing and operating EV charging stations at Emirates Transport buildings. The move aligns with UAEV’s… Continue reading UAE’s Ministry of Energy and Infrastructure, Emirates Transport to support green mobility
Copper slips as rising stocks highlight poor demand prospects
Stocks of copper in LME warehouses jumped 11,300 tons on Wednesday taking the total to 206,775 tons, the highest since October 2021 and nearly double the levels seen in the middle of May. Copper prices slipped on Thursday as poor demand prospects particularly in top consumer China and an oversupplied market were reinforced by further… Continue reading Copper slips as rising stocks highlight poor demand prospects
2W sales surge by 21.3% Y-o-Y with 16,14,154 units sold in June 2024, says SIAM
However, the considerable sales numbers in June provided evidence of growth in the overall automobile industry. New Delhi: The Society of Indian Automobile Manufacturers (SIAM) reported a significant growth in two-wheeler sales in India for June, with a year-on-year (Y-o-Y) increase of 21.3%. The total two-wheeler sales reached 16,14,154 units in June, compared to 13,30,826… Continue reading 2W sales surge by 21.3% Y-o-Y with 16,14,154 units sold in June 2024, says SIAM
BP signs deal with mall owner Simon Property for over 900 EV chargers
BP Pulse has more than 39,000 EV charge points globally, the company said, and plans to have 100,000 points by 2030. A unit of BP signed a deal with mall owner Simon Property Group to install and operate more than 900 high-speed electric-vehicle chargers at 75 sites across the United States, the companies said on… Continue reading BP signs deal with mall owner Simon Property for over 900 EV chargers
GM to invest USD 900 mn to retool Michigan auto plant to build EVs
GM said it would produce EVs in Lansing at a future date and declined to discuss details of the planned models but said the plant would continue to produce the Cadillac CT4 and CT5. General Motors plans to invest at least USD 900 million to retool a Lansing, Michigan auto plant to build electric vehicles,… Continue reading GM to invest USD 900 mn to retool Michigan auto plant to build EVs