US ramps up critical mineral production to reduce dependence on China and strengthen supply chains for EVs, smartphones, and defence. US production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in… Continue reading Trump administration is investing in US rare earths in a push to break China’s grip
Author: Economic Times of India Online News
How to reduce global warming? World’s first commercial carbon capture facility begins storing CO₂ in Norwegian North Sea
Northern Lights project launches world’s first commercial carbon capture and storage facility in Norway’s North Sea. The world’s first commercial carbon capture and storage (CCS) facility is now operational, marking a significant milestone in Europe’s efforts to reduce greenhouse gas emissions. The Northern Lights project has successfully injected and stored its first volumes of carbon… Continue reading How to reduce global warming? World’s first commercial carbon capture facility begins storing CO₂ in Norwegian North Sea
NHAI, Vertis Trust launch scholarship scheme for toll plaza employees’ children
Applications will be accepted through an online portal, with students required to provide academic records, income proof, caste certificates and identification documents. The National Highways Authority of India (NHAI), in partnership with Vertis Infrastructure Trust, has launched ‘Project Aarohan’, a scholarship programme aimed at supporting the children of toll plaza employees in pursuing higher education.… Continue reading NHAI, Vertis Trust launch scholarship scheme for toll plaza employees’ children
There is a need for standardising EV charging systems: Gadkari to OEMs
Nitin Gadkari New Delhi: Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday urged automakers to collaborate on standardising charger designs to ensure interoperability across electric vehicle (EV) charging infrastructure. Drawing a parallel with the standardisation of mobile phone chargers, he noted that without such uniformity, both manufacturers and consumers could face challenges… Continue reading There is a need for standardising EV charging systems: Gadkari to OEMs
Auto, electronics dealers pull plug on festive stock
For most other carmakers, however, it is still a ‘wait-and-watch’ policy, according to a dealer of multiple brands including Tata Motors, MG Motor India, and Hyundai. Automobile and consumer electronics dealers are treading cautiously ahead of the crucial festive season as they await an imminent cut in Goods and Services Tax (GST) and product prices.… Continue reading Auto, electronics dealers pull plug on festive stock
SIAM Automotive Taxation Conference: Experts call for stability in tax regime
The industry leaders also called for the need to streamline indirect and direct tax policies to improve sectoral competitiveness. The Society of Indian Automobile Manufacturers (SIAM) held its second Automotive Taxation Conference with discussions on the role of tax policy in supporting the sector’s growth and contribution to the economy. The event brought policy and… Continue reading SIAM Automotive Taxation Conference: Experts call for stability in tax regime
The backbone of the global auto supply chain is at risk from Trump’s tariffs
In the world’s largest car-producing countries such as Japan, Germany & S Korea, thousands of small and midsize parts suppliers form the backbone of mfg sector. In a factory in Hekinan, a seaside town southwest of Tokyo, machines spit hot metal rods into baskets. On a recent Monday, afternoon light poured in through yellowed windows,… Continue reading The backbone of the global auto supply chain is at risk from Trump’s tariffs
Nearly 30% of private cars on Delhi-Chandigarh highway using annual pass
While Gadkari has maintained that people need to pay for good service, it’s responsibility of NHAI & other highway organisations to ensure roads are in good condition. Nearly 30 per cent of private cars and jeeps taking the Delhi-Chandigarh highway are using the FASTag Annual Pass, which is three-fold higher than the share of the… Continue reading Nearly 30% of private cars on Delhi-Chandigarh highway using annual pass
Hyundai Motor plans to invest $26 billion in US; expand auto, steel and robotics operations
As part of the plan, Hyundai will build a steel plant in Louisiana with an annual production capacity of 2.7 million tonnes. South Korea’s Hyundai Motor Group on Tuesday announced plans to raise its investment commitment in the United States to $26 billion over the next four years, with a focus on steel, automobiles, and… Continue reading Hyundai Motor plans to invest $26 billion in US; expand auto, steel and robotics operations
Andhra Pradesh sees steady rise in EV registrations
Automobile retailers and the public attribute the growing demand for EV adoption to the increasing fuel costs and high maintenance costs of vehicles that run on fossil fuels. The adoption of electric vehicles (EVs) for daily commutes is gaining traction across Andhra Pradesh. In the first quarter of FY 2025–26 alone, 5,789 EVs were registered… Continue reading Andhra Pradesh sees steady rise in EV registrations