Trump has said he plans to begin the process of undoing the Biden administration’s stringent emissions regulations finalized earlier this year. The rules cut tailpipe emissions limits by 50% from 2026 levels by 2032. A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for… Continue reading EV companies, battery makers urge Trump not to kill vehicle tax credits
Author: Economic Times of India Online News
Bengaluru needs thousands of EV chargers by 2030: Study
City will require over 36,000 public EV chargers, 400 stations, 141 acres of land to support 23 lakh EVs; researchers stress need for strategic locations The land required for establishing these charging stations would be 141 acres, which is equivalent to the land for approximately 700 petrol pumps. A study conducted by the Center for… Continue reading Bengaluru needs thousands of EV chargers by 2030: Study
Chandigarh achieves 14.8% EV penetration in 7 months
The city leads in the following two categories after Lakshadweep: 0.11% of installations compared to the total domestic connections in UT Chandigarh; 5.49% of installations compared to the total number of registrations. New Delhi: T C Nautiyal, secretary, Science & Technology & Renewable Energy, chaired an in-depth review meeting with Chandigarh Renewable Energy and Science… Continue reading Chandigarh achieves 14.8% EV penetration in 7 months
How long will the rupee fall?
Experts suggest that the gain from a weaker rupee is minimal—typically only 0.1% to 0.3%—which might not be enough to offset inflationary pressures at home. The Indian rupee has reached a historic low against the US Dollar, sparking concerns over the country’s economic stability and the potential impact on investors and consumers. On November 14,… Continue reading How long will the rupee fall?
India’s automobile retail sales surge 12% to 42.88 lakh units during festive period
The festive period, as defined by FADA, spanned from Navratri to 15 days after Dhanteras, accounting for the time lag in vehicle registration processes. This 42-day period serves as a crucial sales window for the Indian automobile industry. The Federation of Automobile Dealers Associations (FADA) reported a 12% year-on-year increase in automobile retail sales for… Continue reading India’s automobile retail sales surge 12% to 42.88 lakh units during festive period
India’s Eicher Motors jumps 8%; Royal Enfield rides past its ‘toughest phase’, say analysts
The company, which sells a major chunk of its motorcycles in rural India, is often viewed by investors as a gauge for rural sales. India’s Eicher Motors was on course for its best day since mid-2020, after the Royal Enfield motorcycle maker posted a quarterly profit beat, which analysts said indicated that the “toughest phase”… Continue reading India’s Eicher Motors jumps 8%; Royal Enfield rides past its ‘toughest phase’, say analysts
Australia eyes US climate policy shift for green energy boost
“The Inflation Reduction Act, for example, has seen considerable capital flow to the United States. If those incentives aren’t there, then that has implications for the nature of the global economy,” he said. Any move by the Trump administration to change U.S. climate policy could benefit Australia‘s ambitions to attract greater investment to its critical… Continue reading Australia eyes US climate policy shift for green energy boost
India’s energy shift: Renewables, EVs, and smart grids set to transform sector by 2025
As renewable energy generation increases, the report states that large-scale Battery Energy Storage Systems (BESS) will play a critical role in balancing supply and demand. India’s energy sector is projected to see robust growth in renewable energy, smart grids, and electric vehicles by 2025, as the country targets 500 GW of green energy capacity by… Continue reading India’s energy shift: Renewables, EVs, and smart grids set to transform sector by 2025
Venture debt funding propels Indian fintech, EV startups: Report
This preference shows a growing recognition of the strategic advantages venture debt provides, especially in capital-intensive and rapidly evolving industries. The venture debt market in India is steadily growing, mirroring the early days of venture capital, particularly in the emerging startup sectors such as fintech and electric vehicles (EVs), a report showed on Thursday. Indian… Continue reading Venture debt funding propels Indian fintech, EV startups: Report
Curbs under GRAP stage-3 to come into force in Delhi-NCR from today
Updated On Nov 15, 2024 at 08:41 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Under the third stage of the GRAP, there would be restrictions on the plying of BS-lll petrol and BS-IV diesel vehicles in Delhi and the districts of Gurugram, Faridabad, Ghaziabad and Gautam Budh Nagar. New Delhi:… Continue reading Curbs under GRAP stage-3 to come into force in Delhi-NCR from today