China’s auto sector is grappling with overcapacity and a prolonged price war, prompting concerns from regulators and industry leaders over its long-term sustainability. China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders… Continue reading China automakers’ price war, overcapacity hurt finances
Author: Economic Times of India Online News
India needs battery technology beyond lithium, says industry experts
FILE — An overhead view of the 2022 Ford F-150 Lightning’s chassis, including its engine and batteries, at the automaker’s plant in Dearborn, Mich., Jan. 25, 2022. Ford Motor said on Wednesday, July 9, 2025, that a plant it was building to make batteries for its electric vehicles, like the F-150 Lightning, would still qualify… Continue reading India needs battery technology beyond lithium, says industry experts
India automaker Mahindra, parts maker Minda eye local magnet production, sources say
Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world’s rare earth magnets, put restrictions… Continue reading India automaker Mahindra, parts maker Minda eye local magnet production, sources say
Gentari, Shell India forge EV charger roaming partnership in India
Two electric vehicles charge at a co-branded Gentari and Shell station, set against a vibrant, modern cityscape. The scene embodies a clean energy future. Clean energy firm Gentari and Shell India have formed a strategic partnership to improve electric vehicle (EV) charging accessibility nationwide, according to a company announcement on Thursday. The partnership aims… Continue reading Gentari, Shell India forge EV charger roaming partnership in India
Auto industry likely to post weak Q1 FY26 results amid global headwinds
Original Equipment Manufacturers (OEMs) are likely to see EBITDA margins shrink by 260 basis points YoY, though the impact narrows to 80 bps without Tata Motors. India’s automobile industry is headed for a modest Q1 FY26 earnings season, weighed down by global volatility, rising commodity costs, and geopolitical disruptions, according to a recent analysis by… Continue reading Auto industry likely to post weak Q1 FY26 results amid global headwinds
China opens online complaint portal to enforce automaker payment promises
The initiative comes in the wake of growing backlash from upstream industries, including steelmakers and parts manufacturers, as a cutthroat price war—sparked in early 2023—continues to strain cash flows across the auto sector. China’s Ministry of Industry and Information Technology (MIIT) has launched an online complaint platform for automotive suppliers, aimed at tightening enforcement around… Continue reading China opens online complaint portal to enforce automaker payment promises
Indore tourism dept to add EV charging stations at hotels
To move forward, MPTDC has issued a tender seeking bids from private investors interested in setting up and operating these stations. Madhya Pradesh tourism department is adding electric vehicle (EV) charging stations at its hotels across the state in a phased manner, starting with 55 properties. This move is seen as creating infrastructure for future… Continue reading Indore tourism dept to add EV charging stations at hotels
India plans tariffs to counter US steel & aluminium duties
Last week, India proposed retaliatory tariffs against the US’ auto duties. India on Wednesday proposed retaliatory tariffs against the US under the World Trade Organisation (WTO) norms over American tariffs on steel and aluminium in the name of safeguard measures. “The safeguard measures would affect $7.6 billion imports into the United States of the relevant… Continue reading India plans tariffs to counter US steel & aluminium duties
JSW Group to increase stake in JSW MG Motor India amid SAIC’s exit from Indian Market
JSW Group plans to raise its stake in JSW MG Motor India, its car manufacturing joint venture with SAIC Motor. JSW Group plans to raise its stake in JSW MG Motor India, its car manufacturing joint venture with SAIC Motor. The Chinese company has decided against committing further capital to India, instead prioritising investments at… Continue reading JSW Group to increase stake in JSW MG Motor India amid SAIC’s exit from Indian Market
No impact of 50% copper tariffs by US on Indian companies, says industry
Industry officials said the tariffs have increased steel prices in the United States, impacting several sectors, including home appliances, cars, and construction. The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official.… Continue reading No impact of 50% copper tariffs by US on Indian companies, says industry