“We want to shape the transformation of the automotive industry and not chase after it,” Merz said. Germany should lead the charge in the sector’s push towards electric mobility and not risk falling behind as Asian rivals and trade barriers make it harder for the country’s automakers to compete, Chancellor Friedrich Merz said on Tuesday.… Continue reading Germany should be leading, not trailing, auto sector in future, Merz says
Author: Economic Times of India Online News
Karisma Kapoor’s children move Delhi HC over Sunjay Kapur’s ₹30,000 crore assets
The children allege that the document shown was forged and that the original will was deliberately concealed to deny them their share. Karisma Kapoor’s children, Samaira and Kiaan Raj Kapur, have filed a petition in the Delhi High Court seeking recognition as legal heirs to the assets of late Sona Comstar Chairman Sunjay Kapur, reportedly… Continue reading Karisma Kapoor’s children move Delhi HC over Sunjay Kapur’s ₹30,000 crore assets
What plans have major automakers announced at the Munich auto show?
It is monitoring its highly competitive China market in terms of pricing ahead of launching the iX3 there next year. Prominent global automakers showcased their latest models at the Munich car show, including new EVs and lower-cost vehicles, as Europe’s auto sector faces crises ranging from tariff hikes to rising costs and rivalry with Chinese… Continue reading What plans have major automakers announced at the Munich auto show?
Automakers debut new EVs, affordable models at Munich car show
VW’s Blume said US tariffs were costing the firm “several billion euros on our balance sheet” this year. Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms… Continue reading Automakers debut new EVs, affordable models at Munich car show
Rajasthan’s mining and petroleum potential poised for growth, says T Ravikant, Principal Secy, Mines & Petroleum Department
Rajasthan outlines new policies to boost mining and petroleum investment at ET Rajasthan Business Summit. At the Economic Times Rajasthan Business Summit, T Ravikant, Principal Secretary of the Mines & Petroleum Department, laid out the state’s strategies to boost investment and production in the mining and petroleum sectors. Rajasthan possesses 82 minerals, with 58 commercially… Continue reading Rajasthan’s mining and petroleum potential poised for growth, says T Ravikant, Principal Secy, Mines & Petroleum Department
Bajaj Auto to pass on full GST benefit, prices cut by up to ₹24,000
Bajaj Auto to pass on GST rate cut benefits across Bajaj, KTM motorcycles and three-wheelers. Bajaj Auto Ltd, the world’s most valuable two- and three-wheeler manufacturer, on Tuesday said it will fully pass on the benefits of the recent Goods and Services Tax (GST) reduction to customers across its Bajaj and KTM motorcycle range as… Continue reading Bajaj Auto to pass on full GST benefit, prices cut by up to ₹24,000
GST 2.0: Rate cuts to boost auto demand, ancillary industries and jobs, says Heavy Industries Ministry
Ministry estimated that auto sector supports over 3.5 crore jobs directly and indirectly, and higher sales will open new opportunities. The Ministry of Heavy Industries on Monday said the sweeping GST 2.0 reforms will deliver a strong boost to the automobile and ancillary sectors, reducing prices across vehicle categories and spurring job creation across the… Continue reading GST 2.0: Rate cuts to boost auto demand, ancillary industries and jobs, says Heavy Industries Ministry
Hyundai’s EV charging network delivers 2.3 mn units of clean energy, cuts 1.6 mn Kg CO2 emissions
Focusing on Tamil Nadu, where Hyundai runs one of its largest plants, the company has pledged 100 charging stations, with 16 already operational and 30 expected by year-end. New Delhi: Hyundai Motor India Ltd (HMIL) on Tuesday said its electric vehicle (EV) charging network has delivered over 2.3 million units of clean energy through over… Continue reading Hyundai’s EV charging network delivers 2.3 mn units of clean energy, cuts 1.6 mn Kg CO2 emissions
Pralhad Joshi to inaugurate advanced EV testing facility in Kolkata
India has set a target of achieving 30 per cent EV penetration by 2030 as part of its strategy to cut dependence on fossil fuels and lower emissions. Union Minister for New & Renewable Energy Pralhad Joshi will inaugurate a state-of-the-art electric vehicle (EV) testing facility at the Alipore Regional Laboratory in Kolkata on Wednesday,… Continue reading Pralhad Joshi to inaugurate advanced EV testing facility in Kolkata
World EV Day: Madhya Pradesh CM pitches state as future EV hub, announces incentives and EV promotion board
With existing battery manufacturing, assembly plants and supply chain networks, the state aims to position itself as an EV hub. Madhya Pradesh Chief Minister Mohan Yadav on Monday said the state is ready to represent the future of electric vehicle (EV) transportation, becoming the first in India to roll out a dedicated EV policy. His… Continue reading World EV Day: Madhya Pradesh CM pitches state as future EV hub, announces incentives and EV promotion board