India sources 75% of li-ion batteries from China New Delhi: The global economy is at a pivotal juncture, with long-held principles and practices being re-evaluated, and in some cases, losing their relevance. As the world grapples with the challenges of climate change, the Economic Survey 2024-2025 highlighted on Friday that the road to energy transition… Continue reading Economic Survey 2025: China’s role key to global energy transition amid climate challenges
Author: Economic Times of India Online News
Bajaj Auto gets over INR 10 cr GST penalty
Asserting that it has a very strong case, Bajaj Auto said “appropriate legal action would be initiated” against the said order, which does not have any major financial implications on it. Bajaj Auto Ltd on Friday said it has been imposed penalty and interest of over INR 10 crore by the tax authority in a… Continue reading Bajaj Auto gets over INR 10 cr GST penalty
EU vows ‘action plan’ for beleaguered auto sector
Representatives of 22 industry players including Volkswagen, BMW, Mercedes and Renault, participated in the meeting, the commission said. The EU promised Thursday an “action plan” to help the bloc’s beleaguered auto sector as it faces mounting pressure to ease green targets for an industry beset by Chinese competition. EU chief Ursula von der Leyen held… Continue reading EU vows ‘action plan’ for beleaguered auto sector
Road ministry to adopt AIMC technology to construct highways: Nitin Gadkari
Recently, NHAI is implementing a pilot project of AIMC on the Lucknow-Kanpur Expressway, wherein automated and intelligent machines such as GPS aided motor grader, intelligent compactor and stringless paver have been used. Road transport and highways minister Nitin Gadkari said his ministry will soon implement the automated and intelligent machine-aided construction (AIMC) technology to other… Continue reading Road ministry to adopt AIMC technology to construct highways: Nitin Gadkari
Thai EV output set to jump, sparking a price war in a bruised market
The programme helped Southeast Asia’s second-largest economy become the region’s biggest EV market, which registered 70,000 new EVs last year. Thailand is bracing for an extended EV price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling… Continue reading Thai EV output set to jump, sparking a price war in a bruised market
Fueling a greener future: How PHINIA is powering India’s transition to clean mobility
The expansion aligns with India’s broader strategy to reduce vehicular emissions through alternative fuels while maintaining cost-effective mobility solutions for consumers. India’s automotive sector is undergoing a remarkable transformation as it adopts cleaner fuel options. CNG, in particular, has been gaining momentum as a popular alternative to petrol and diesel due to its affordability and… Continue reading Fueling a greener future: How PHINIA is powering India’s transition to clean mobility
India’s lower coal imports mean bad news for power emissions
India’s power producers generated a record 1,221 terawatt hours of (TWh) of coal-fired electricity in January to November of 2024, according to Ember. India lowered imports of thermal coal by over 5.5 million tons in 2024 from the year before, according to data from Kpler, which may seem like good news to climate trackers monitoring… Continue reading India’s lower coal imports mean bad news for power emissions
Will Budget 2025 provide tax sops for purchase of EVs and perk-clarity?
This valuation mechanism would help bring much-required clarity, which could, in turn, promote the use of electric vehicles and even pave the way for a greener future,” he adds. Tax experts are hoping that the forthcoming Budget 2025 will provide sops for purchase of electronic vehicles (EVs) and also usher in clarity as regards computing… Continue reading Will Budget 2025 provide tax sops for purchase of EVs and perk-clarity?
Tesla and Chinese automakers stand to benefit from EU emissions regulations
The ability to purchase credits has sparked concern, particularly in France and Germany, as demand for electric cars weakens, threatening factory closures and job losses. As European automakers face pressure from President Donald Trump’s trade threats, they are also grappling with the potential financial impact of stricter EU emissions rules. Starting this year, carmakers must… Continue reading Tesla and Chinese automakers stand to benefit from EU emissions regulations
Gadkari to ethanol producers: ‘No need to worry about methanol, biodiesel, or hydrogen; there is ample room to coexist’
“Ethanol has to play a big role in India’s transportation economy since we have a fossil fuel import of around INR 22 lakh crore. Also, seeing the rise in air pollution, I don’t see we have to take a step backwards in terms of ethanol,” he added. Union Road Transport and Highways Minister Nitin Gadkari… Continue reading Gadkari to ethanol producers: ‘No need to worry about methanol, biodiesel, or hydrogen; there is ample room to coexist’