Tesla asked Canada for a lower tariff on its autos. Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a Canadian government source said on Wednesday. Canada, following the lead of the United States, said on Monday… Continue reading Tesla asks Canada for lower tariff on China-made EVs, says government source
Author: Economic Times of India Online News
EU new car sales flat in July as battery-electric slumps, industry body ACEA says
Battery-electric vehicles continued to lose market share in EU. New car sales in the European Union rose 0.2% in July, slowed by declines in France and Germany, while battery-electric vehicles continued to lose market share, data from Europe’s auto industry body showed on Thursday. Improvements in the Belgian, Dutch and French electric-vehicle (EV) markets failed… Continue reading EU new car sales flat in July as battery-electric slumps, industry body ACEA says
Single road bids to be considered for highway projects, though with riders: Road ministry
MoRTH says even a single bid for national highways work will be considered if it is reasonable. The ministry of road transport and highways (MoRTH) on Wednesday said that even a single bid for national highways work will be considered if it is reasonable. As per the circular issued by the minsitry, the bidding process… Continue reading Single road bids to be considered for highway projects, though with riders: Road ministry
Road developers to see slower revenue growth of 5-7 % next fiscal: Crisil
Revenue growth of road engineering, procurement and construction (EPC) companies is expected to moderate next fiscal year. Revenue growth of road engineering, procurement and construction (EPC) companies is expected to moderate to 5-7% next fiscal, as lower national highway awarding weighs on their order books, rating agency Crisil said on Tuesday. That said, the credit… Continue reading Road developers to see slower revenue growth of 5-7 % next fiscal: Crisil
Comprehensive car insurance vs third-party car insurance: Which is better?
The most significant difference between comprehensive and third-party car insurance lies in the scope of coverage. Comprehensive Car Insurance vs Third-Party Car Insurance: Which is Better? Car insurance is a crucial aspect of vehicle ownership, offering protection against financial losses that may arise from accidents, theft, or other unforeseen events. When choosing the right car… Continue reading Comprehensive car insurance vs third-party car insurance: Which is better?
16,755 e-challans worth INR 9.49 crore issued through e-detection system at toll plazas in Bihar
Bihar Transport department and traffic police have issued over 16,700 e-challans. The Bihar Transport department and traffic police have issued over 16,700 e-challans worth INR 9.49 crore in a week through e-detection system installed in 13 toll plazas in the state for violation of motor vehicle act, officials said. Out of 16,755 e-challans issued by… Continue reading 16,755 e-challans worth INR 9.49 crore issued through e-detection system at toll plazas in Bihar
Two-wheeler industry to grow by 8 %, tractors by 4 % annually: Report
Two-wheeler industry to grow by 8 pc, tractors by 4pc annually: Nuvama The two-wheeler (2W) industry is anticipated to grow in high single digits, with an estimated 8 % year-on-year (YoY) increase whereas the tractor industry is anticipated to see marginal growth of approximately 4 % YoY in the domestic market, according to a report… Continue reading Two-wheeler industry to grow by 8 %, tractors by 4 % annually: Report
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
EV unit of China Evergrande s expected to report a loss for the first half of 2024. The electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday it expected to report a bigger loss for the first half of 2024, reflecting an increase in provision for impairments. China Evergrande New Energy… Continue reading China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
China accuses Canada of protectionism over 100% tariffs on electric vehicles
“China’s burgeoning EV industry is the result of continuous technological innovation, a well-established industrial and supply chain and full market competition,” Lin Jian said. China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau’s government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese-made EVs. The Chinese… Continue reading China accuses Canada of protectionism over 100% tariffs on electric vehicles
Over 200 global players to take part in Bharat Battery Show 2025
Global players to showcase cutting-edge battery and charging infra technologies at the Bharat Battery Show. Over 200 global players are likely to showcase cutting-edge battery and charging infra technologies at the Bharat Battery Show in January 2025. Industry body India Energy Storage Alliance (IESA), in a statement, said it is organising the Bharat Battery Show… Continue reading Over 200 global players to take part in Bharat Battery Show 2025