The amendment also includes a one-time 7 % tax levy on vehicles used for the carriage of goods or materials up to 7,500 kg. A bill to amend the Maharashtra Motor Vehicles Act 1958 was tabled in the assembly on Wednesday with the aim of increasing vehicle tax and potentially generating additional revenue. The Maharashtra… Continue reading Bill to hike motor vehicles tax tabled in Maharashtra assembly
Author: Economic Times of India Online News
Exponent Energy to unveil 1.5MW rapid charging technology for EVs this year
Exponent Energy’s 1MW charging solution debuted alongside the Veera Mahasamrat electric bus launch in August 2024. After launching India’s first 1 MW rapid charging technology for electric buses in August last year, Exponent Energy now plans to launch the world’s first 1.5MW system for electric vehicles (EVs) later this year, following BYD’s similar technology launch… Continue reading Exponent Energy to unveil 1.5MW rapid charging technology for EVs this year
Gridlock at MahaKumbh 2025: Lessons from the world’s largest traffic jam
The need for organised parking solutions has thrown into relief an emerging requirement for intelligent traffic and mobility management for such large-scale mass events. The Mahakumbh, the world’s largest religious event, is a celebration of belief, piety, and sheer human scale. Conducted once every 144 years, the Mahakumbh in Prayagraj, Uttar Pradesh, brings millions of… Continue reading Gridlock at MahaKumbh 2025: Lessons from the world’s largest traffic jam
India follows Trump to fight global steel glut with tariffs
India is about to join the worldwide wave of steel protectionism, outlining plans for sweeping trade tariffs just a week after President Donald Trump slapped duties on all US imports. The global steel market is facing upheaval as multiple nations put up defences to fight a flood of metal, particularly from billion-ton producer China. India’s… Continue reading India follows Trump to fight global steel glut with tariffs
India-made electrolysers shipped for Kandla Port’s green hydrogen plant
Union Minister Sarbananda Sonowal initiated the dispatch of India-made electrolysers for a green hydrogen plant at Kandla Port on Tuesday. According to ANI, the 1 MW plant, slated for completion by July 2025, will initially produce 18 kg of green hydrogen per hour, eventually scaling up to a 10 MW capacity. The project aims to… Continue reading India-made electrolysers shipped for Kandla Port’s green hydrogen plant
Mahindra WE Hunnar initiative empowers women entrepreneurs in electric mobility
MLMML also facilitated the licensing process and, in collaboration with financial institutions, extended loan opportunities to help these women. Mahindra Last Mile Mobility Limited (MLMML), started the Mahindra WE (Women Entrepreneurs) Hunnar initiative in July 2024 as part of its commitment to empowering women in the mobility sector. As part of this initiative, MLMML has… Continue reading Mahindra WE Hunnar initiative empowers women entrepreneurs in electric mobility
Japan’s auto lobby warns US tariffs could force production adjustments
In the event, Minister of Economy, Trade and Industry Yoji Muto failed to win any assurance from Washington that Japan would be exempt from any of the tariffs. The chief of Japan’s auto lobby warned that the potential April 2 start of auto tariffs proposed by U.S. President Donald Trump could force automakers and suppliers… Continue reading Japan’s auto lobby warns US tariffs could force production adjustments
Indian government recommends 12% temporary tax on some steel products
In December last year, the government launched an investigation to consider if it should impose a safeguard duty or a temporary tax to curtail steel imports. India has recommended a temporary tax of 12% on some steel products for 200 days, known locally as safeguard duty, in a bid to curb imports, according to a… Continue reading Indian government recommends 12% temporary tax on some steel products
16.15 lakh EVs incentivised under FAME India scheme Phase-II
The ministry also sanctioned an additional Rs 73.50 crore for the upgradation of 980 public charging stations in March 2024. Led by electric two-wheelers, the number of electric vehicles (EVs) incentivised under the FAME India scheme Phase-II reached 16,15,080 till March 11, the government said on Tuesday. While 14,28,009 electric two-wheelers received incentives, 1,64,523 electric… Continue reading 16.15 lakh EVs incentivised under FAME India scheme Phase-II
Rilox EV launches e-mobility division for electric vehicle leasing
The vehicles will be equipped with IoT technology for real-time tracking of fleet movements, vehicle health, and load capacity. Rilox EV has announced the launch of Rilox E-Mobility, a new division focused on electric vehicle (EV) leasing. Starting on April 1, 2025, the division will provide cost-effective leasing options for businesses and individuals, making electric… Continue reading Rilox EV launches e-mobility division for electric vehicle leasing