I stand at the podium, addressing the European Parliament with concern. The weight of the situation is evident. German Chancellor Friedrich Merz on Monday criticised a reported draft EU plan to oblige car rental firms and large companies to buy only electric vehicles from 2030, saying it could contribute to destroying the bloc’s important automotive… Continue reading Merz rejects reported EU plan to force rental firms to buy EVs from 2030
Author: Economic Times of India Online News
Russia’s top carmaker Avtovaz may shorten work week as sales slump
Russia’s top carmaker Avtovaz may cut its workweek to four days as high interest rates and rising Chinese competition hit sales and dampen car loan demand. Russia’s largest carmaker Avtovaz on Tuesday said it may shorten its working week to four from five days, a rare move from a major state-owned employer, as high interest… Continue reading Russia’s top carmaker Avtovaz may shorten work week as sales slump
Logistics a key enabler for Indian automotive sector’s growth: SIAM executive
SIAM, in the statement, said the industry is prepared to adopt and leverage digital tools and invest in infrastructure to utilise logistics as a key pillar of the Indian automobile sector’s growth. Logistics has become a critical enabler for the Indian automotive sector, and contributed to its 7.3 per cent growth in FY25, according to… Continue reading Logistics a key enabler for Indian automotive sector’s growth: SIAM executive
Merz rejects reported EU plan to force rental firms to buy EVs from 2030
German Chancellor Friedrich Merz slammed a reported EU plan to mandate electric-only fleet purchases by 2030, warning it could harm the bloc’s vital auto industry. German Chancellor Friedrich Merz on Monday criticised a reported draft EU plan to oblige car rental firms and large companies to buy only electric vehicles from 2030, saying it could… Continue reading Merz rejects reported EU plan to force rental firms to buy EVs from 2030
Tryst with EVs
ndia’s pro-liberalisation push over three decades ago sparked an auto revolution, building a robust manufacturing ecosystem and making car ownership a reality for millions. More than three decades ago, India saw an automobile revolution unfolding. GoI’s pro-liberalisation policy thrust, which subsequently led to the opening up of the market, helped create an entire manufacturing ecosystem,… Continue reading Tryst with EVs
Delhi air foulest among serial offenders
New Delhi, India. Fire truck spraying water over Delhi streets amid pollution emergency. Delhi remains the most polluted among the 130 non-attainment cities (those that have consistently failed to meet air quality standards) in the National Clean Air Programme (NCAP), despite a 15 per cent improvement in PM10 levels over seven years. The city also… Continue reading Delhi air foulest among serial offenders
China’s Problem With Competition: There’s Too Much of It
Chinese manufacturers flood emerging sectors with mass production, slashing costs and intensifying competition as firms battle razor-thin margins to outlast rivals. A promising technology or product emerges. Chinese manufacturers, by the dozens or sometimes the hundreds, storm into that nascent sector. They ramp up production and drive down costs. As the overall market grows, the… Continue reading China’s Problem With Competition: There’s Too Much of It
Tesla’s entry will raise the bar for EVs in India, says Mahindra’s Velusamy R
Velusamy R, President of Automotive Technology and Product Development at M&M Tamil Nadu’s electric vehicle (EV) ecosystem has come a long way since 2021, when Mahindra and Mahindra (M&M) began developing its born-electric SUVs at the Mahindra Research Valley (MRV) near Chennai. In an interview with The Times of India, Velusamy R, President of Automotive… Continue reading Tesla’s entry will raise the bar for EVs in India, says Mahindra’s Velusamy R
MediaTek sees big opportunity as Indian EV makers embrace AI, high-performance computing
The government expects the project to create significant employment opportunities, boost local entrepreneurship, and contribute to Uttar Pradesh’s overall economic growth. Vast AI talent pool and electric vehicle makers‘ attitude to adopt artificial intelligence and powerful computing offer a big opportunity in India for MediaTek, a senior company official said. MediaTek Director for Product Marketing… Continue reading MediaTek sees big opportunity as Indian EV makers embrace AI, high-performance computing
Smart signals in place, NMC begins installing AI-powered speed radars
I documented an AI speed radar system monitoring traffic on a busy Nagpur road. A speeding car passes by, its license plate blurred for privacy. the first phase of the ₹197 crore Integrated Intelligent Traffic Management System (IITMS) project underway, the Nagpur Municipal Corporation (NMC), through implementing agency Keltron, has now begun deploying AI-powered speed… Continue reading Smart signals in place, NMC begins installing AI-powered speed radars