The United Auto Workers union has asked Stellantis workers to authorize a strike. The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of breaking its contract promises, UAW President Shawn Fain said in a letter to the union’s U.S. chapters on Friday. “We unanimously recommend… Continue reading UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract
Author: Economic Times of India Online News
Chinese automaker BYD seeks further easing of Mexico EV tariffs
Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico’s government. Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico‘s government, an executive told newspaper Reforma in an interview published on Friday, as the company aims to build a plant in the… Continue reading Chinese automaker BYD seeks further easing of Mexico EV tariffs
Non-payment of toll charges to reflect on Vahan portal, app
The proposal has been forwarded to the ministry as the NHAI has started adopting a free-flow system of tolling on some stretches. Soon, evading toll charge payment for long after using a tolled highway stretch due to faulty or blacklisted FASTags won’t be possible. Such non-payment of toll charges will reflect on the Vahan portal… Continue reading Non-payment of toll charges to reflect on Vahan portal, app
Companies need to stop seeing talent diversity as a CSR goal: HR leaders
Targets related to gender diversity are possible only when organisations consider it from their business needs rather than mere inclusion needs. The automobile industry needs to stop seeing talent diversity as a corporate social responsibility (CSR) goal, and consider it as a core to their business, said Amrita Ganguly, Chief Diversity Officer, Tata Motors. Speaking… Continue reading Companies need to stop seeing talent diversity as a CSR goal: HR leaders
Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene
Electric vehicle owners in hurricane-prone areas should take precautions to avoid potential fires caused by saltwater flooding. Electric vehicles can catch fire if they are inundated by saltwater, so owners who live in the path of a major storm like Hurricane Helene should take precautions and prepare for the possibility that they’ll be unable to… Continue reading Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene
EU changes hydrogen project auction rules to limit Chinese presence
In the upcoming round, projects cannot have parts sourced from China exceeding 25% of the plant’s production capacity. The European Union announced changes to its rules governing auctions for hydrogen grants in an effort to limit EU dependence on China in its renewable energy supply chain, the new terms published on Friday showed. China has… Continue reading EU changes hydrogen project auction rules to limit Chinese presence
PM Modi to dedicate INR 10,400 crore in energy projects, bolstering India’s infrastructure and green transition
Narendra Modi New Delhi: In a significant boost to India’s energy infrastructure, Prime Minister Narendra Modi is set to launch and dedicate various initiatives in the petroleum and natural gas sector totalling INR 10,400 crore. This major announcement is part of his visit to Pune, Maharashtra, scheduled for September 26. During this visit, the prime… Continue reading PM Modi to dedicate INR 10,400 crore in energy projects, bolstering India’s infrastructure and green transition
Technology and sustainability to ride on automobile industry EV future
Mayura Shanbaug Automakers are enhancing their reliance on artificial intelligence (AI) to accurately predict customer demand as well as optimise production. The biggest automotive global brands are increasingly trying to forge stronger ties with suppliers, especially those beyond their tier1 vendors. Companies are also looking to mitigate supply risks with alternate components. Building partnerships with… Continue reading Technology and sustainability to ride on automobile industry EV future
Steel prices may continue to languish despite low global output
Only a combination of further production cuts and higher consumption from China could aid a recovery in steel prices from here on, industry experts said. The steel industry is not expecting a respite in domestic and global prices anytime soon even as global production of the alloy has slipped to its lowest level on a… Continue reading Steel prices may continue to languish despite low global output
Balmer Lawrie plans INR 700-cr capital expenditure, to diversify into ethanol production
Another INR 45 crore will be spent for setting up a third-party logistics hub at Dankuni in West Bengal. Diversified PSU Balmer Lawrie & Co has planned a capital expenditure of INR 700 crore with the aim to achieve a revenue of INR 6,000 crore by 2030, a company official said on Thursday. It plans… Continue reading Balmer Lawrie plans INR 700-cr capital expenditure, to diversify into ethanol production