The e-autos manufactured by ETO Motors will have only women drivers as part of the partnership with DMRC. New Delhi: ETO Motors on Tuesday said the company has partnered with Delhi Metro Rail Corporation (DMRC) to deploy women-driven electric auto rickshaws at metro stations in the capital. ETO Motors said the first set of 36… Continue reading ETO Motors partners DMRC to deploy women-driven e-autos at metro stations
Author: Economic Times of India Online News
Road transport ministry introduces authorisation certificates for car dealers to check malpractices
In the current ecosystem, many issues were being faced viz. during transfer of vehicle to subsequent transferee, disputes in regard to third-party damage liabilities, difficulty in determination of defaulter etc. New Delhi: The Ministry of Road Transport and Highways (MoRTH) has introduced authorization certificates for the dealers of registered vehicles to identify the authenticity of… Continue reading Road transport ministry introduces authorisation certificates for car dealers to check malpractices
China’s Covid surge no worry for Indian auto parts cos now
Indian companies have scaled up local sourcing over the past couple of years, thereby reducing their reliance on imports. As a new wave of Covid sweeps through China, raising concerns about another bout of supply chain disruptions globally, India’s automotive suppliers don’t seem to be overly worried. Indian companies have scaled up local sourcing over… Continue reading China’s Covid surge no worry for Indian auto parts cos now
After Toyota, Pak Suzuki to shut production plant from January
Economic experts have attributed the development to very high auto prices, which has crashed demand. Citing a shortage of inventory level following a restriction on the import of auto parts, Pak Sukuzi Motor Company (PSMC) on Monday announced that its production plants will be closed completely from January 2 to 6, reported Geo News. Earlier… Continue reading After Toyota, Pak Suzuki to shut production plant from January
Tesla to run reduced output in Shanghai in January
Tesla did not specify a reason for the production slowdown in its output plan. Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal schedule reviewed by Reuters. Tesla will run production for 17 days in… Continue reading Tesla to run reduced output in Shanghai in January
Tata chairman says India will continue to be the fastest growing major economy
Business momentum has been strong for many of Tata group companies which noted significant milestones during the year, including getting Air India back to the Group. India is well positioned to continue to be the fastest growing major economy, supported by increasing consumption, consumer confidence and investment . While slowing global growth may act as… Continue reading Tata chairman says India will continue to be the fastest growing major economy
Most Gulf markets rise as China eases COVID curbs
Saudi Arabia’s benchmark index gained 0.6%, led by a 1.4% rise in Al Rajhi Bank and a 1.1% gain in oil giant Saudi Aramco. Most major stock markets in the Gulf rose in early trade on Tuesday, after China announced it would further ease its COVID-19 restrictions, bolstering expectations of a demand recovery in the… Continue reading Most Gulf markets rise as China eases COVID curbs
Manufacturing firms likely to expand hiring amid global uncertainties
The cities with the highest intent to hire are Mumbai (97%), Bengaluru (94%), Chennai (89%), Delhi (84%), and Pune (73%). Companies in the manufacturing sector — including fast-moving consumer goods (FMCG), healthcare & pharmaceuticals, electric vehicle & allied segments and infrastructure & engineering firms — plan to expand their hiring in January-March quarter despite uncertainties… Continue reading Manufacturing firms likely to expand hiring amid global uncertainties
Indians travelled more than 4.5 billion kilometres in Uber cabs in 2022
According to the report, Delhi-NCR had the highest number of trips, followed by Bengaluru, Hyderabad, Mumbai and Kolkata. Indians travelled close to 4.5 billion kilometres in Uber taxis in 2022, according to an annual analysis by the company. Uber released its report titled ‘How India Ubered in 2022’, giving a glimpse into the riding patterns… Continue reading Indians travelled more than 4.5 billion kilometres in Uber cabs in 2022
APN Solar expands its line of products with the launch of the APN Electrical Vehicle Charger
. When on-grid solar technology was originally introduced in 2014, APN was the first company to secure the largest project in Mumbai at the Delhi Darbar Hotel. Alternative Power Network or APN Solar Energy Pvt. Ltd., one of the pioneers in the field of the Indian solar industry, augments its list of products by launching… Continue reading APN Solar expands its line of products with the launch of the APN Electrical Vehicle Charger