India aims to become the world’s top automobile industry in five years, Union Minister Nitin Gadkari said, citing strong manpower and global company presence. The government’s aim is to make India’s automobile industry number one in the world within five years, Union Minister Nitin Gadkari said on Wednesday. The future of Indian automobile industry is… Continue reading Aim to make India’s auto industry no. 1 globally in 5 years: Gadkari
Author: Economic Times of India Online News
India will need 2 lakh EV charging staff by 2030: Report
Tata Power opens Mumbai’s first premium MegaCharger hub with 16 bays near the airport; study warns India needs up to 2 lakh trained EV charging professionals by 2030. Tata Power inaugurated Mumbai’s first premium MegaCharger hub near the city airport on Tuesday, adding to its 1,000-plus charging points in the city. The facility, developed with… Continue reading India will need 2 lakh EV charging staff by 2030: Report
Auto demand set for festival boost; BSE, CAMS good long-term bets: Neeraj Dewan
So, next two-three quarters we can see that improvement happening in the credit demand. Market experts are closely tracking Infosys after the IT major announced a fresh buyback. According to market expert Neeraj Dewan, the current environment makes this buyback more attractive than the previous one. “The last buyback was at ₹1,850, but the stock… Continue reading Auto demand set for festival boost; BSE, CAMS good long-term bets: Neeraj Dewan
Dealers should also step into vehicle scrapping: Nitin Gadkari
Gadkari linked scrapping directly to the industry’s export ambitions and India’s aim of becoming a global hub for clean mobility. Union Minister for Road Transport and Highways Nitin Gadkari has reiterated that the success of India’s green mobility shift will depend not only on electric and biofuel adoption but also on scrapping old vehicles at… Continue reading Dealers should also step into vehicle scrapping: Nitin Gadkari
Vinkesh Gulati appointed President of Automotive Skills Development Council
Vinkesh Gulati The Automotive Skills Development Council (ASDC) has announced the appointment of Vinkesh Gulati as its new President, following the stepping down of F R Singhvi. Gulati, who previously served as Vice-President of ASDC, assumes leadership at a time when the automotive industry is navigating a transition towards electric mobility, digitisation and future-ready skills.… Continue reading Vinkesh Gulati appointed President of Automotive Skills Development Council
India must accelerate EV adoption to meet 2030 targets: NITI Aayog
It suggested that India gradually move from incentives to mandates and disincentives, focusing on segments and regions where the transition is easier and benefits are higher. India will need to lift electric vehicle (EV) adoption by more than 22 percentage points in the next five years to stay on track with its goal of 30… Continue reading India must accelerate EV adoption to meet 2030 targets: NITI Aayog
Pralhad Joshi to inaugurate hi-tech EV testing facility in Kolkata
Pralhad Joshi In line with India’s mission to promote sustainable mobility and reduce carbon emissions, Union Minister for New & Renewable Energy Pralhad Joshi will virtually inaugurate a state-of-the-art Electric Vehicle (EV) testing facility at Alipore Regional Laboratory in Kolkata on Wednesday. Equipped with advanced infrastructure, the laboratory will conduct critical tests on EV batteries… Continue reading Pralhad Joshi to inaugurate hi-tech EV testing facility in Kolkata
Odisha unveils draft EV Policy 2025 to boost green mobility
The new EV policy announced capital subsidies for the first 100 public battery-swapping stations in the state. The Odisha government has released the draft Electric Vehicle (EV) Policy 2025, setting an ambitious roadmap to accelerate green mobility and make the state a national leader in sustainable transportation. The draft policy aims to achieve 50 per… Continue reading Odisha unveils draft EV Policy 2025 to boost green mobility
Mexico seeks to impose tariffs on auto, manufacturing imports
Mexico to propose import tariffs on autos and manufacturing, aiming to curb trade imbalances and add $3.76 bn to state revenue. Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also… Continue reading Mexico seeks to impose tariffs on auto, manufacturing imports
Poor charging infra biggest barrier to EV adoption for Mumbai cabbies and auto drivers: Study
Most Mumbai auto and taxi drivers aware of EVs but unable to switch due to high costs, poor charging network, study finds. A staggering 85 per cent of Mumbai’s autorickshaw and taxi drivers are aware of electric vehicles (EVs), but most of them are unable to switch due to poor charging infrastructure, high costs, and… Continue reading Poor charging infra biggest barrier to EV adoption for Mumbai cabbies and auto drivers: Study