Investors are wagering that concerns over the U.S. labour market will make the Fed cut interest rates faster than what officials have projected. The Indian rupee is expected to open higher on Friday and add to its weekly advance, boosted by healthy risk appetite and bets the U.S. Federal Reserve will push borrowing costs further… Continue reading Rupee likely to extend winning run on upbeat risk, Fed outlook
Author: Economic Times of India Online News
India to ensure sufficient charging infrastructure for massive EV adoption: Kumaraswamy
Updated On Sep 20, 2024 at 08:29 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals H. D. Kumaraswamy New Delhi: India will ensure sufficient charging infrastructure to support the massive adoption of electric vehicles (EVs) across the country, Union Heavy Industries Minister H D Kumaraswamy said on Wednesday. The minister said… Continue reading India to ensure sufficient charging infrastructure for massive EV adoption: Kumaraswamy
India aims to slash logistics costs to single-digit percentage in next five years
Nitin Gadkari India is set to bring down its logistics costs to a single-digit percentage within the next five years, Union Road Transport and Highways Minister Nitin Gadkari announced on Thursday. Speaking at the ‘Deloitte Government Summit,’ Gadkari highlighted the ongoing construction of highways and expressways as key initiatives to reduce these costs. “I am… Continue reading India aims to slash logistics costs to single-digit percentage in next five years
China says will negotiate ‘until the last minute’ on EU EV probe
The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China. China’s commerce minister said on Wednesday that Beijing will continue to negotiate “until the last minute” on the European Union’s electric vehicle probe, with the investigation undermining confidence of Chinese companies investing in Europe. Wang… Continue reading China says will negotiate ‘until the last minute’ on EU EV probe
GM offering adapters to help electric vehicle owners access Tesla chargers
By using the Tesla Supercharger network, GM EV vehicle owners will have access to more than 231,800 public Level 2. General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers. The Detroit automaker said Wednesday that it is opening up access to more than 17,800 Tesla Superchargers for its customers,… Continue reading GM offering adapters to help electric vehicle owners access Tesla chargers
Cambodia targets 40% of electric cars, 70% of electric motorbikes by 2050: minister
The three most popular EV brands in Cambodia are China’s BYD, Japan’s Toyota, and America’s Tesla. Cambodia is committed to achieving 40 % of electric cars and 70 % of electric motorcycles by 2050 in order to reduce carbon emissions, Minister of Public Works and Transport Peng Ponea said here on Wednesday. He made the… Continue reading Cambodia targets 40% of electric cars, 70% of electric motorbikes by 2050: minister
EU, China must avoid EV trade war: German vice chancellor
The European Union and China must avoid a damaging trade war over electric cars at all costs. The European Union and China must avoid a damaging trade war over electric cars at all costs, German vice chancellor Robert Habeck said Tuesday, as tensions mount over planned EU tariffs on Chinese EVs. “We absolutely want to… Continue reading EU, China must avoid EV trade war: German vice chancellor
Electrifying the road ahead: Why sustainable energy infrastructure is key to EV growth
To overcome this challenge, charging stations need to be integrated, wherein there should be fast-charging stations for long journeys and slower, cheaper options for overnight charging. New Delhi: With the advancements in autonomous technology and a growing focus on sustainability, the rapid adoption of electric vehicles (EVs) is the future of the automotive industry in… Continue reading Electrifying the road ahead: Why sustainable energy infrastructure is key to EV growth
Presence of carcinogenic chemicals in cars: NGT issues notice to BIS, MoRTH
National Green Tribunal asked the Ministry of Road Transport and Highways, Bureau of Indian Standards, and others to respond to concerns about cancer-causing chemicals in cars. New Delhi: The National Green Tribunal (NGT) has sought a reply from the Union Ministry of Road Transport and Highways (MoRTH), Bureau of Indian Standards (BIS), and others in… Continue reading Presence of carcinogenic chemicals in cars: NGT issues notice to BIS, MoRTH
EU ban on CO2 cars is ‘self-destructive’, says Italy’s Meloni
Italian Prime Minister Giorgia Meloni criticized the EU’s 2035 target to end the sale of CO2-emitting cars. Italian Prime Minister Giorgia Meloni said on Wednesday the European Union‘s 2035 target to end the sale of carbon-dioxide (CO2) emitting cars shows a “self-destructive” position on industrial and environmental issues. “The ban on endothermic engine (cars) from… Continue reading EU ban on CO2 cars is ‘self-destructive’, says Italy’s Meloni