The GR states that government buildings will be eligible for a 100 per cent grant for upstream electrical infrastructure. The Maharashtra government has designated Maharashtra State Electricity Distribution Company Limited (MSEDCL) as the state-level nodal agency to build the backbone for electric vehicle (EV) charging infrastructure, according to a latest government resolution. Under the GR,… Continue reading Maharashtra names MSEDCL as nodal agency for state-level EV charging push
Author: Economic Times of India Online News
NHAI directed to stop toll collection at Arikkady toll plaza
NHAI began toll collection at the plaza on Jan 12, triggering widespread protests across political lines. Ministry of Road Transport and Highways (MoRTH) on Wednesday issued a formal order directing the immediate stop of toll collection at Arikkady toll plaza on NH 66 in Thalappadi-Chengala-Neeleswaram stretch in Kumbala, Kasaragod. “The competent authority decided to immediately… Continue reading NHAI directed to stop toll collection at Arikkady toll plaza
Automakers back Trump plan to rollback fuel economy rules, but seek changes
The previously issued CAFE standards are simply unachievable. Major automakers on Wednesday called for changes in the Trump administration’s proposal to reform fuel economy standards but said they back the plan to drastically slash the efficiency requirements. The Alliance for Automotive Innovation, which represents General Motors, Toyota Motor, Volkswagen, Hyundai, Ford and other automakers, backed… Continue reading Automakers back Trump plan to rollback fuel economy rules, but seek changes
Gujarat steps on the pedal in 2025 luxury car sales
Industry watchers expect momentum to carry into 2026, barring macroeconomic shocks. Gujarat’s luxury car market has shifted into a higher gear, registrations data shows. Sales touched a five-year high in 2025, rising well above pre-Covid numbers. Data from the Union Ministry of Road Transport and Highways (MoRTH) shows that in 2025, around 4,631 luxury cars… Continue reading Gujarat steps on the pedal in 2025 luxury car sales
Canada expected to scrap EV mandate in favor of new fuel efficiency system: Reports
The new system replacing the EV mandate will allow manufacturers to earn credits for producing electric vehicles. The Canadian federal government is expected to announce its national automotive strategy on Thursday, replacing the country’s electric vehicle mandate with new fuel efficiency standards and credits, CBC News reported on Wednesday. Ottawa is also expected to bring… Continue reading Canada expected to scrap EV mandate in favor of new fuel efficiency system: Reports
Germany ranks second worldwide for EV production in 2025: VDA
VDA expects a 10 per cent increase in battery-electric vehicle production in 2026. Germany built a record number of electric vehicles last year, keeping its spot as the world’s second-largest production hub after China, auto industry association VDA said on Wednesday. Production of battery-electric vehicles rose by 15 per cent to 1.22 million vehicles, while… Continue reading Germany ranks second worldwide for EV production in 2025: VDA
Auto industry records broad-based growth; outlook remains optimistic: Report
In the PV segment, growth was primarily driven by Toyota Kirloskar, Mahindra & Mahindra (M&M), and Kia India. The Indian automotive sector recorded a steady climb in the first ten months of the current fiscal year, with cumulative domestic two-wheeler (2W) sales growing by 9 per cent year-on-year (YoY) to 1.5 crore units and the… Continue reading Auto industry records broad-based growth; outlook remains optimistic: Report
Automakers in China roll-out longer-term financing plans to spur demand
The repayment term extension also comes as Chinas auto market is on track for its worst year since 2020. Automakers in China are extending repayment terms for customers to as long as eight years to woo consumers amid stagnant demand in the world’s largest auto market. Nissan’s joint venture with Dongfeng joined at least 10… Continue reading Automakers in China roll-out longer-term financing plans to spur demand
Drivn secures $80 mn funding from Nomura to scale commercial EV deployment in India
Electric mobility platform Drivn has secured financing commitments of up to $80 million from Japan’s Nomura to support the deployment of electric buses and trucks in India’s inter-city and heavy transport segments. The funding will back Drivn’s Phase 1 rollout plan of nearly 1,000 electric buses and trucks by Q4 FY27, with deployments set to… Continue reading Drivn secures $80 mn funding from Nomura to scale commercial EV deployment in India
Union Budget rail, EV push to reduce Delhi pollution: Manjinder Sirsa
This Union Budget marks a new phase in the countrys economic journey and reflects a farsighted vision to achieve Viksit Bharat 2047. Investments in high-speed rail corridors and promotion of electric vehicles announced in the Union Budget will play a key role in reducing pollution in the national capital while strengthening connectivity and infrastructure, Delhi… Continue reading Union Budget rail, EV push to reduce Delhi pollution: Manjinder Sirsa