Chinese automakers BYD and Chery both sell into the UK market, while XPeng plans to launch its cars in Britain later this year. British Energy Secretary Ed Miliband will visit China in March to restart talks on energy cooperation and meet Chinese investors, three sources with direct knowledge of the plan said, as the Labour… Continue reading British energy secretary to visit China in March to restart energy talks, sources say
Author: Economic Times of India Online News
Nagpur’s EV Boom: Over 1,000% jump in green wheels in 4 years
Two-wheelers account for the majority of this surge. EV registrations in Nagpur surged 1,084% in the past four years, marking a major shift in the city’s transport landscape. Across the district, including rural and urban RTOs (MH-31, MH-40, and MH-49), registrations grew from 2,193 in 2021 to 25,959 in 2024, as per regional transport office… Continue reading Nagpur’s EV Boom: Over 1,000% jump in green wheels in 4 years
Dollar strength, rupee’s decline biggest risk to prices
“India imports items such as crude and edible oil, which can impact the overall inflation outlook.” The rupee‘s recent slide against the US dollar theoretically raises the likelihood of higher wholesale price inflation, reducing the odds that core inflation – now at a cyclical low – will inch up soon, fed by producer prices that… Continue reading Dollar strength, rupee’s decline biggest risk to prices
Tata Motors shares down 3% to hit fresh 52-week low
Tata Motors has delivered strong returns over the long term, gaining 38% in the past three years and surging 337% over five years. Shares of Tata Motors fell as much as 2.8% on Friday to Rs 630.15 on the BSE, extending their losing streak to a ninth consecutive session and reaching a fresh 52-week low… Continue reading Tata Motors shares down 3% to hit fresh 52-week low
Premiumisation story may have peaked out in auto; bet on capital market theme: Dhananjay Sinha
Dhananjay Sinha, Co-Head of Equities & Head of Research, Systematix Group Dhananjay Sinha, Co-Head of Equities & Head of Research, Systematix Group, says the premiumisation story may have peaked out. Multiple expansion was seen in the auto sector because of the higher average price of the vehicles sold as people moved from the entry level… Continue reading Premiumisation story may have peaked out in auto; bet on capital market theme: Dhananjay Sinha
Mahindra looking to setup CKD assembly plant in South Africa
The study will allow Mahindra South Africa and IDC to make an informed assessment before any future decisions are taken. Mahindra South Africa, the local subsidiary of the Indian automative giant, has signed a Memorandum of Understanding with the Industrial Development Corporation (IDC) to undertake an in-depth feasibility study on the potential establishment of a… Continue reading Mahindra looking to setup CKD assembly plant in South Africa
State governments should not tax minerals excessively: Union Mines Minister
He also said the centre has requested a review of the apex court verdict. State governments should avoid levying higher taxes on minerals since this makes end-products like steel and cement more expensive, Union Mines Minister G Kishan Reddy said Thursday. Addressing a press conference on the Indian mining sector, he said while states can… Continue reading State governments should not tax minerals excessively: Union Mines Minister
ThunderPlus launches high-speed EV charging station at NMDC headquarters in Hyderabad
ThunderPlus said that it plans to continue expanding its network of high-speed EV charging stations across India. EV charging solutions provider, ThunderPlus, has launched its first fast-charging station at the National Mineral Development Corporation (NMDC) headquarters in Hyderabad. NMDC, a Navaratna PSU renowned for its commitment to sustainable mining practices, has partnered with ThunderPlus to… Continue reading ThunderPlus launches high-speed EV charging station at NMDC headquarters in Hyderabad
Want to make Made in India synonymous with quality: Venu Srinivasan
Srinivasan belongs to the family of TV Sundram Iyengar, founder of the TVS Group, which was established in 1911. One of the most significant decisions Venu Srinivasan made early on was to strike out on his own, establishing TVS Motor as a quality-driven global brand. “Being one of the earliest companies outside of Japan to… Continue reading Want to make Made in India synonymous with quality: Venu Srinivasan
JBM Auto forms EV subsidiary for battery services
Updated On Feb 26, 2025 at 06:38 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals JBM Auto will hold 100% shareholding in the subsidiary, which has been established with an authorised share capital of INR 10 lakh and paid-up share capital of INR 5 lakh. New Delhi: JBM Auto has incorporated… Continue reading JBM Auto forms EV subsidiary for battery services