India is stepping up by proposing retaliatory duties in line with WTO regulations. India on Friday proposed imposing of retaliatory duties under WTO norms against the US tariffs on imports of auto parts in the name of safeguard measures. “The proposed suspension of concessions or other obligations would take the form of an increase in… Continue reading India proposes retaliatory duties against US auto tariffs
Author: Economic Times of India Online News
Tesla CFO Vaibhav Taneja named treasurer of Elon Musk’s ‘America Party’
A US election panel filing shows Elon Musk has registered the America Party—what’s grabbing attention is the presence of Tesla CFO Vaibhav Taneja’s name. A federal election commission (FEC) document is being widely shared on social media, revealing that Elon Musk has registered the America Party with the panel. On close examination, an Indian-origin name… Continue reading Tesla CFO Vaibhav Taneja named treasurer of Elon Musk’s ‘America Party’
EV charging in Tamil Nadu gets costlier as power tariffs rise
EV charging operators across Tamil Nadu face higher operational costs as revised power tariffs by TNERC come into effect from July 1 Chennai, Electric vehicle (EV) charging operators across Tamil Nadu are bracing for a steep rise in operational costs following a significant revision in power tariffs by the Tamil Nadu Electricity Regulatory Commission (TNERC),… Continue reading EV charging in Tamil Nadu gets costlier as power tariffs rise
IET establishes centres of excellence for green hydrogen and electric vehicles
These centres of excellence aim to bridge academia and industry by promoting innovation, skill development, and real-world experimentation in two of the most critical areas of sustainable transportation and energy. The Institute of Engineering and Technology (IET) has launched two state-of-the-art centres of excellence dedicated to green hydrogen and electric vehicles (EVs), positioning itself at… Continue reading IET establishes centres of excellence for green hydrogen and electric vehicles
Nissan Motor eyes $4 billion in bond sales, term sheet shows
Nissan Motor plans to raise $4 billion through senior unsecured bonds in U.S. dollars and euros. Japan‘s Nissan Motor plans to sell $4 billion worth of U.S. dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday. The plan comes about a week after Reuters reported that Nissan has asked… Continue reading Nissan Motor eyes $4 billion in bond sales, term sheet shows
India’s auto retail grows 4.84% in June 2025 despite monsoon, liquidity woes: FADA
Inventory levels remained elevated—around 55 days for PVs—amid subdued booking pipelines. Dealers across categories reported tepid enquiries: 21 per cent for 2Ws, 38 per cent for PVs, and 32 per cent for CVs. The Indian auto retail sector reported a YoY growth of 4.84 per cent in June 2025, driven by resilient two-wheeler and commercial… Continue reading India’s auto retail grows 4.84% in June 2025 despite monsoon, liquidity woes: FADA
Stellantis calls for long-term, uniform policy framework to drive auto sector growth in India
Citing examples of differing EV incentives and tax structures being rolled out by various state governments, Hazela stressed that such discrepancies hinder the formation of a unified strategy. Global automotive group Stellantis has urged the Indian government to implement a stable, long-term policy framework with uniform execution across states to enable automakers to plan and… Continue reading Stellantis calls for long-term, uniform policy framework to drive auto sector growth in India
Cracks in Delhi’s crackdown on old vehicles
Delhi’s fuel ban on old vehicles sparked outrage and a swift government retreat, highlighting weak planning in the fight against pollution There’s one ranking Delhi regularly tops: World’s most polluted capital city. But while it grabs the most amount of repelling headlines, its terrible air quality is actually widely shared across north India. Logically, any… Continue reading Cracks in Delhi’s crackdown on old vehicles
Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEO
Stellantis has not specifically mandated McKinsey to find a buyer for Maserati, but the mandate is to consider all options, including a potential sale, the second source said. European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans… Continue reading Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEO
Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track
Union Minister has unveiled an ambitious roadmap for next-generation mass mobility in the country, which includes electric rapid transport, hyperloop in urban areas and ropeways, cable buses and funicular railways in inaccessible terrains. In an interview with PTI, the Union Minister of Road Transport and Highways said India’s transport sector is undergoing a major transition,… Continue reading Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track