At the meeting, Hyundai Motor Group announced domestic investments worth 125.2 trillion won from 2026 to 2030, while shipbuilders Hanwha Ocean and HD Hyundai also unveiled investment plans. Samsung Electronics, Hyundai Motor and other major South Korean manufacturers on Sunday unveiled domestic investment plans, as a US trade deal raised concern investment in the US… Continue reading Samsung, Hyundai announce domestic investments after US-South Korea trade deal
Author: Economic Times of India Online News
Centre plans major revamp for speeding up steel imports
New Delhi last week suspended 55 quality control orders (QCOs) on steel, which is expected to ease imports of steel for steel consuming industries. India plans to drop consignment-wise declarations in a significant revamp of its Steel Import Monitoring System (SIMS), a move that will make imports easier for a host of MSME manufacturers. While… Continue reading Centre plans major revamp for speeding up steel imports
‘India among the strongest global green H2 players’: Hydrogen Europe CEO
If the upcoming tenders on green hydrogen derivatives go well, there would be expectation that the price of such products will be brought down by the market itself and not depend on any mandate for purchase by industries. India is emerging as one of the strongest players in global green hydrogen, backed by a fast-growing… Continue reading ‘India among the strongest global green H2 players’: Hydrogen Europe CEO
Japan’s automotive union group vows no retreat on wage demands despite tariff pain
In this year’s labour talks, JAW’s member unions secured an average monthly wage increase of 4.94 per cent. Japan’s top automobile industry union group has no plans to scale back its wage demands at labour talks next year despite a heavy drag on the sector’s earnings from US tariffs, its chief told Reuters on Friday.… Continue reading Japan’s automotive union group vows no retreat on wage demands despite tariff pain
South Korea to boost EV subsidies 20% in 2026 to shield auto sector from US tariff impact
South Korea will also strengthen guarantee programmes for auto parts makers operating overseas, such as in the United States and Mexico, to offer long-term, low-interest loans. South Korea’s government said on Friday it would boost subsidies for electric vehicles (EVs) by 20 per cent next year as part of a package to help the country’s… Continue reading South Korea to boost EV subsidies 20% in 2026 to shield auto sector from US tariff impact
Navi Mumbai to launch eight EV charging stations in first phase, adding 48 public charge points
Considering current space availability, five stations per cluster were proposed, leading to a total plan of 24 clusters with 143 charging points to ensure facilities near busy public spaces, said Shinde. With rising demand in the city, Navi Mumbai Municipal Corporation (NMMC) will soon operationalise as many as eight public charging stations for electric vehicles… Continue reading Navi Mumbai to launch eight EV charging stations in first phase, adding 48 public charge points
How fuel station intelligence is becoming a strategic advantage for vehicles?
For consumers, this results in frustrating wait times. For commercial vehicles, it results in unprecedented delays. For decades, fuel station areas have experienced the highest congestion due to traffic and a separate, long queue of vehicles waiting outside for fuel. However, in an era where real-time information is what keeps the economy moving, fuel stations… Continue reading How fuel station intelligence is becoming a strategic advantage for vehicles?
Delhi to install EV charging hubs at three ISBTs as city ramps up e-bus expansion
The estimated cost for the EV charging infrastructure at the three ISBTs is ₹16.99 crore, officials said. After the Delhi government launched inter-state electric bus services to two cities and plans further expansion, it will also install electric vehicle (EV) charging infrastructure at the city’s three major interstate bus terminals (ISBTs), officials said. The Delhi… Continue reading Delhi to install EV charging hubs at three ISBTs as city ramps up e-bus expansion
TVS SCS Q2 profit rises 54% to ₹16.31 crore
Revenue from the Integrated Supply Chain Solutions (ISCS) segment rose 8.41 per cent year-on-year in Q2 to ₹1,993.01 crore. TVS Supply Chain Solutions reported a consolidated net profit of ₹16 crore in Q2 FY26, up 54 per cent from ₹11 crore a year earlier. Consolidated revenue for the quarter under review was ₹2,662.63 crore, rising… Continue reading TVS SCS Q2 profit rises 54% to ₹16.31 crore
Passenger vehicles drive October auto sales with 17.2 per cent surge: SIAM
Passenger cars reached 1,39,273 units, reporting a growth of 8.7 per cent, while utility vehicles reached 2,51,144 units a growth of 10.7 per cent. India’s automobile sector delivered a robust performance in October 2025, with passenger vehicles (PVs) leading the industry’s growth momentum on the back of early festive demand and the positive impact of… Continue reading Passenger vehicles drive October auto sales with 17.2 per cent surge: SIAM