The long lead-time in the auto industry means the cars resulting from current investment decisions may not hit the market for four or five years. A flood of presidential trade policy announcements has kept US automakers on edge since Donald Trump returned to the White House last month. While some signature threats — like 25%… Continue reading Trump tariffs fuel US auto anxiety
Author: Economic Times of India Online News
Rise in quality consciousness among Indian manufacturers, automotive and chemicals lead: CII study
The study identifies key challenges, particularly for SMEs, such as high implementation costs, limited access to technology, and skilled labour shortages. New Delhi: Indian manufacturers are witnessing a rise in quality awareness, with the automotive and chemicals sectors leading the adoption of global certifications and quality protocols, a study by the Confederation of Indian Industry… Continue reading Rise in quality consciousness among Indian manufacturers, automotive and chemicals lead: CII study
UN climate chief calls India ‘solar superpower’, urges it to submit stronger climate action plan
He said the world’s fifth-largest economy is well-positioned to reap the benefits of ambitious, economy-wide climate plans. UN climate chief Simon Stiell has called India a “solar superpower” and urged it to develop an ambitious climate plan covering its entire economy, saying that an even stronger embrace of the global clean energy boom will supercharge… Continue reading UN climate chief calls India ‘solar superpower’, urges it to submit stronger climate action plan
CCTVs atop towing vehicles to ensure authorities toe the line
The decision comes after officials considered potential anomalies in the current towing system. NK Ghai, a senior citizen, parked his car near a residential area in Sarojini Nagar where his doctor’s clinic was situated. When he and his wife returned, he found that their car had vanished. Most Delhiites can only empathise with Ghai who… Continue reading CCTVs atop towing vehicles to ensure authorities toe the line
CREST disburses INR 34.73 cr in EV Incentives
The Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST) has so far disbursed INR 34.73 crore in incentives under the UT EV Policy, including INR 1.94 crore as an early bird incentive, boosting EV adoption. As of Dec 31, 2024, 5,118 applications were received. Also, 24 EV charging stations, including 9 battery swapping… Continue reading CREST disburses INR 34.73 cr in EV Incentives
Trump says auto tariffs coming April 2
President Donald Trump said Friday that he planned to move forward with tariffs on foreign cars on April 2, but did not specify how much the tariffs would be or which nations could be targeted. Asked about when he might impose car tariffs during remarks in the Oval Office, Trump said “maybe around April 2.”… Continue reading Trump says auto tariffs coming April 2
K’taka floats clean mobility policy
An additional INR 15,000 crore is expected to be invested by August 31, industries minister MB Patil said during Invest Karnataka. Karnataka on Friday unveiled its clean mobility policy (2025-2030) targeting about INR 50,000 crore investment and one lakh new jobs across the clean mobility value chain. Energy minister KJ George released the policy, which… Continue reading K’taka floats clean mobility policy
India’s auto sector not likely to face major impact due to US tariff hike
He also mentioned India for its high tariff barriers. Indian automotive manufacturers are not likely to face any major impact due to US President Donald Trump’s reciprocal tariffs as these companies sell their products largely in the fast-growing domestic market, according to analysts. “OEMs (original equipment manufacturers) are largely insulated due to heavy localisation and… Continue reading India’s auto sector not likely to face major impact due to US tariff hike
FAME India Phase-II Scheme supports over 16.14 lakh EVs: Centre
As India doubles down on the local manufacturing of electric vehicles (EVs), the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME India) Scheme Phase-II has supported more than 16.14 lakh EVs, the government said on Thursday.FAME India Phase II scheme was implemented for a period of five years from April 1,… Continue reading FAME India Phase-II Scheme supports over 16.14 lakh EVs: Centre
India self-sufficient to fund renewable energy needs: Niti Aayog
Suman Bery, Vice-Chairperson at NITI Aayog India will not face a funding shortfall to finance the energy transition and has the potential to meet its needs through the private sector, according to the government’s think tank Niti Aayog. “India has a strong tradition of private sector investments, largely driven by the stability of regulations and… Continue reading India self-sufficient to fund renewable energy needs: Niti Aayog