With the American EV market growing more slowly than many carmakers had hoped, Hyundai plans to start making hybrids in Ellabell. Hyundai Motor Group has spent the past three years building a sprawling 2,900-acre campus 30 minutes from Savannah, Georgia, to make electric vehicles and showcase the marvels of modern manufacturing. Invited guests — and… Continue reading After an ICE raid in rural Georgia, Hyundai keeps betting on America
Author: Economic Times of India Online News
Stellantis CEO calls for softer EU emissions rules as he announces new hiring in Italy
In the first nine months of 2025, Stellantis Italian output fell 32 per cent to 265,500 vehicles, according to union FIM-Cisl. Stellantis CEO announced on Monday 400 new hires in Italy and confirmed plans to ramp up output in the country while warning that European Union rules to cut carbon emissions need to be changed… Continue reading Stellantis CEO calls for softer EU emissions rules as he announces new hiring in Italy
BHP’s iron ore production misses estimates on hit from maintenance works
The groups total copper production for the quarter gained 4 per cent to 493.6 kilo tons and the company kept its 2026 output estimates unchanged. BHP Group‘s first-quarter iron ore output came in a little lower than estimates on Tuesday, as planned maintenance, including rebuilding of a piece of equipment at Port Hedland, weighed on… Continue reading BHP’s iron ore production misses estimates on hit from maintenance works
Desco Infratech, KPI Green Hydrogen and Ammonia join hands for hydrogen-natural gas blending
KPI Green Hydrogen and Ammonia will produce green hydrogen and Desco Infratech will provide the expertise in engineering and technology to blend hydrogen with natural gas KP Group company KPI Green Hydrogen and Ammonia, Desco Infratech Ltd, and Naveriya Gas have joined hands to spearhead hydrogen-natural gas blending projects, a statement said on Saturday. Under… Continue reading Desco Infratech, KPI Green Hydrogen and Ammonia join hands for hydrogen-natural gas blending
Crude oil futures ease amid weak spot demand
Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market. Crude oil futures on Monday declined by ₹27 to ₹5,026 per barrel as participants trimmed their positions amid weak demand in the spot market. On the Multi-Commodity Exchange, crude oil for November delivery fell ₹27, or 0.53 per… Continue reading Crude oil futures ease amid weak spot demand
Move over FMCG, auto to take advertising crown
AI-generated representative image Cars and bikes are stealing the spotlight from snacks and shampoos this festive season, with India’s automobile sector set to race past FMCG as the largest advertising category for the first time this quarter, according to ad bookings and data so far. Advertising executives attributed the shift to GST-led discounts, festive demand,… Continue reading Move over FMCG, auto to take advertising crown
GST cut drives up vehicle registration by 100% in Hyd
“Over 90% of the tax revenue collected this festive season has come from car registrations. The revenue this year is up by Rs 92 crore compared to the same period last year,” said C Ramesh, joint transport commissioner (Hyderabad). It’s the city’s automobile dealers who are laughing their way to the bank this festival season.… Continue reading GST cut drives up vehicle registration by 100% in Hyd
Statiq launches paid EV charging membership to boost user engagement
The platform allows users to discover, book, and pay for charging sessions through its app. EV charging platform Statiq has introduced Statiq Miles, a paid membership programme that offers users a flat 10 per cent discount on charging sessions for a monthly subscription fee of ₹149. The pass, available through the Statiq app, is valid… Continue reading Statiq launches paid EV charging membership to boost user engagement
NCLT set aside insolvency plea against ZTE filed by TVS Supply Chain
The NCLT has dismissed an insolvency plea against the Indian unit of telecom gear manufacturer ZTE filed by TVS Supply Chain Solutions after observing a pre-existing dispute between the parties. A Chandigarh-based bench of the National Company Law Tribunal (NCLT), the debt claimed by TVS Supply Chain Solutions was disputed and under reconciliation dating back… Continue reading NCLT set aside insolvency plea against ZTE filed by TVS Supply Chain
Automobile exports rise 26% in Q2 as passenger vehicles, two-wheeler shipments spur
Overall automobile exports saw an increase of 26 per cent to 16,85,761 units in the second quarter as against 13,35,343 units in the year-ago period. Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data… Continue reading Automobile exports rise 26% in Q2 as passenger vehicles, two-wheeler shipments spur