The Biden administration is taking steps to protect the U.S. auto sector from a surge in Chinese auto exports. Top White House economic adviser Lael Brainard laid out on Monday the Biden administration‘s broad approach to safeguarding the U.S. auto sector from what it considers China’s unfair trade actions. “China is flooding global markets with… Continue reading White House details plan to safeguard US auto sector, avoid second ‘China shock’
Author: Economic Times of India Online News
New US rule would require GM, Ford to halt imports of cars they build in China, says official
General Motors and Ford may need to halt importing vehicles from China. General Motors and Ford Motor would need to stop importing vehicles to the U.S. from China under a proposed rule cracking down on Chinese software and hardware, a U.S. Commerce Department official told Reuters Monday. The rule would also affect other automakers selling… Continue reading New US rule would require GM, Ford to halt imports of cars they build in China, says official
Biden proposes banning Chinese vehicles from US roads with software crackdown
The U.S. Commerce Department has proposed banning key Chinese software and hardware in connected vehicles. The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns – a move that would effectively bar nearly all Chinese cars from entering the U.S. market.… Continue reading Biden proposes banning Chinese vehicles from US roads with software crackdown
Audio Interview: How AI is Revolutionizing the Automotive Industry Internationally
Updated On Sep 23, 2024 at 07:45 PM IST Go to Source
Siemens to carve out EV charging business
Siemens plans to carve out its electric vehicle charging business. Siemens plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, to provide opportunities for growth in the rapidly-evolving industry, the German conglomerate said on Monday. The carve-out will combine Siemens eMobility with recently acquired DC fast-charging solutions specialist Heliox, said Siemens. Across… Continue reading Siemens to carve out EV charging business
India’s finished steel imports from China hit 7-year high in April-August, data shows
India shipped 1.1 million tons of the alloy from China in the April-August period, up 31.7% year-on-year, the data showed. India’s finished steel imports from China hit a seven-year high during the first five months of the 2024/25 financial year, provisional government data reviewed by Reuters showed. India’s overall finished steel imports also reached a… Continue reading India’s finished steel imports from China hit 7-year high in April-August, data shows
Kerala’s green hydrogen valley project to be set up with INR 18,542 cr investment
The document noted that the total green hydrogen subsidy needed to bridge the viability gap ranges as INR 1,055 and INR 2,908 crores in phase-II and phase-III, respectively. Kerala’s Kochi green hydrogen valley project is estimated to be set up with total capex investments of INR 18,542 crore, out of which INR 4,166 crore will… Continue reading Kerala’s green hydrogen valley project to be set up with INR 18,542 cr investment
Acceptability of new energy vehicles set to rise by end of decade: Urban Science Survey
The survey stated that the positive outlook for NEVs in India is being fuelled by the rapid expansion of public EV charging network, with a noticeable presence in major cities and emerging in tier-2 cities. New Delhi: Majority of new car buyers, who participated in a study, were ready to accept new energy vehicles (NEV)… Continue reading Acceptability of new energy vehicles set to rise by end of decade: Urban Science Survey
Indian state coal producer looks to sell surplus coal at discount
The country’s coal production in the last fiscal year to March 31 rose to a record 997.828 million tons, a 12% rise from a year ago. Indian state government-run Odisha Coal and Power Ltd (OCPL) is looking to sell surplus coal from its mine in eastern India at a discount, an auction document showed, indicating… Continue reading Indian state coal producer looks to sell surplus coal at discount
US, India reveal roadmap to build secure global clean energy supply chain
Narendra Modi with Joe Biden New Delhi: The USD 1 billion India-US initiative to build a safe and secure global clean energy supply chain aims to capture the benefits of the clean energy transition, including the creation of high-quality jobs, acceleration of clean energy deployment and achievement of global climate goals, the government said on… Continue reading US, India reveal roadmap to build secure global clean energy supply chain