Spanish PM urges EU to reconsider tariffs on Chinese EVs

Spanish Prime Minister Pedro Sanchez has urged the European Union to reconsider proposed import tariffs on Chinese-made electric vehicles Spanish Prime Minister Pedro Sanchez said on Wednesday the European Union should reconsider proposed import tariffs on Chinese-made electric vehicles, and urged Brussels and Beijing to find a compromise that avoids a trade war. Sanchez‘s comments… Continue reading Spanish PM urges EU to reconsider tariffs on Chinese EVs

No subsidy for cars, allocation for 2w cut drastically as more emphasis on electric buses, trucks in PM-EDrive

Updated On Sep 11, 2024 at 09:11 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals PM-EDrive scheme has also provided INR 4391 cr for procurement of 14,028 e-buses by state transport undertakings or public transport agencies; trucks have been allocated INR 500 cr. New Delhi: The government has made significant alterations… Continue reading No subsidy for cars, allocation for 2w cut drastically as more emphasis on electric buses, trucks in PM-EDrive

Angry Ola customer sets showroom on fire after repeated complaints about scooter purchased 20 days ago, arrested

Ola showroom set on fire. A 26-year-old man was arrested in Karnataka for allegedly setting fire to an Ola Electric showroom due to dissatisfaction with the servicing of his newly purchased e-scooter. The incident occurred on Tuesday and has intensified concerns over the quality of service at Ola Electric, India’s leading e-scooter manufacturer. As per… Continue reading Angry Ola customer sets showroom on fire after repeated complaints about scooter purchased 20 days ago, arrested

C S Vigneshwar appointed FADA President

FADA on Wednesday announced the appointment of C S Vigneshwar as its President for 2024-26 period. The Federation of Automobile Dealers Associations (FADA) announced on Wednesday the appointment of C S Vigneshwar as its President for the 2024-26 period. The decision was made during the 315th Governing Council Meeting, held immediately after the 60th annual… Continue reading C S Vigneshwar appointed FADA President

UP int’l trade show set to have EV zone

This state govt initiative aims to promote electric mobility and raise awareness about road safety. The transport department will set up an EV zone at the upcoming UP International Trade Show, which will be held in Greater Noida’s Expo Mart from Sept 21 to 25. A total of 11 dealers have agreed to participate and… Continue reading UP int’l trade show set to have EV zone

No highway fee up to 20km for vehicles with GNSS

Nitin Gadkari had said that a pilot study with regard to a GNSS-based user fee collection system has been done . Motorists using vehicles with a functional global navigation satellite system (GNSS) will be allowed to travel toll-free on highways and expressways up to 20 kilometres daily with effect from Tuesday, according to a government… Continue reading No highway fee up to 20km for vehicles with GNSS

Automobile market to see growth of 15% during festive season: Nuvama report

Automobile market to see growth of 15% during festive season: Nuvama report New Delhi: The Indian automobile market will experience a significant surge of over 15% during the upcoming festive season, particularly in the two-wheeler (2W) segment said a research report by Nuvama Wealth Investment Limited. The growth is anticipated by the increased enquiries and… Continue reading Automobile market to see growth of 15% during festive season: Nuvama report

China proposes negotiations with EU to resolve EV tariff dispute

China has offered to engage in talks with the European Commission. China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles. During a meeting with the European Commission’s director general for trade in Brussels on Monday, Vice… Continue reading China proposes negotiations with EU to resolve EV tariff dispute

Volkswagen scraps decades-old job guarantees, paving way for lay-offs

Volkswagen plans to cancel job guarantees at six German plants from June 2025. Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, raising the prospect of redundancies from next year that worker representatives have vowed to resist. Europe’s top carmaker is… Continue reading Volkswagen scraps decades-old job guarantees, paving way for lay-offs

Tamil Nadu state government holds talks with Ford in the US

MK Stalin met with Ford officials to discuss the future of their closed plant in Maraimalai Nagar. Tamil Nadu Chief Minister MK Stalin on Wednesday said he had met with Ford officials to discuss the future of their shuttered plant in Maraimalai Nagar near Chennai. “Had a very engaging discussion with the team from Ford… Continue reading Tamil Nadu state government holds talks with Ford in the US