The Alliance for Automotive Innovation argued the measure impermissibly forces automakers to degrade cybersecurity controls related to safety- and emissions-critical vehicle functions. A federal judge on Tuesday rejected a challenge by a group representing automakers to a Massachusetts voter-approved measure that expanded access to vehicle data and allowed independent shops to repair increasingly sophisticated automotive… Continue reading Massachusetts voter-approved vehicle data access measure survives court challenge
Author: Economic Times of India Online News
India weighs temporary tax on cheap Chinese steel import
India is also looking to diversify sources of steel-making raw materials such as coking coal, Kumaraswamy said, looking towards Canada, Russia, Mongolia, Mozambique, and the United States. India could impose a temporary tax of 15%-25% on steel from China in as soon as six months because of the “serious challenge” to domestic producers from cheap… Continue reading India weighs temporary tax on cheap Chinese steel import
Billion Electric appoints Pirojshaw Sarkari as advisory council lead
Pirojshaw Sarkari, Billion Electric Billion Electric Mobility (BillionE) has appointed Pirojshaw Sarkari (Phil) as the lead of its advisory council to oversee the development of a robust EV charging network for electric trucks and buses along highways. Sarkari, a seasoned logistics and supply chain management professional with over 30 years of experience, will leverage his… Continue reading Billion Electric appoints Pirojshaw Sarkari as advisory council lead
Executives plot strategy to deal with ‘cost and chaos’ of Trump tariffs
Executives plot strategy to deal with ‘cost and chaos’ of Trump tariffs Executives across industries reliant on steel and aluminum imports were scrambling to offset the cost of Donald Trump’s move to slap 25% tariffs on those key metals after previous tariff threats from the White House that were later scrapped. Companies ranging from Coca-Cola… Continue reading Executives plot strategy to deal with ‘cost and chaos’ of Trump tariffs
Foxconn chief says open to buying Renault’s stake in Nissan
Liu also said Foxconn was looking into a co-operation with Nissan, not a merger. The head of Taiwan’s Foxconn said on Wednesday it was open to buying French auto giant Renault’s stake in Japan’s Nissan after reports last year said it had made an approach for the company. The comments from Foxconn chairman Young Liu… Continue reading Foxconn chief says open to buying Renault’s stake in Nissan
Ford CEO slams Trump tariffs- ‘A lot of cost, a lot of chaos’ but…
More of Ford’s manufacturing base is in the U.S., and the vehicles it imports from outside countries are less profit-rich than those products its competitors import. Ford Motor CEO Jim Farley said U.S. President Donald Trump‘s proposed and implemented tariffs have added “a lot of cost and a lot of chaos,” although Farley said he… Continue reading Ford CEO slams Trump tariffs- ‘A lot of cost, a lot of chaos’ but…
India central bank-driven rally in rupee likely to extend
U.S. consumer inflation data for January, due later in the day, will help investors gauge when the next rate cut is likely. The Indian rupee is poised to open higher on Wednesday, adding to its recovery over the last two days that was fuelled largely by heavy intervention by the central bank. The 1-month non-deliverable… Continue reading India central bank-driven rally in rupee likely to extend
Total number of EVs registered on e-Vahan portal goes up to 56.75 lakh
Updated On Feb 12, 2025 at 08:43 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The PM E-Drive scheme has also launched the PMP to support the localisation of EV components which promotes domestic manufacturing capabilities. New Delhi: The number of electric vehicles (EVs) registered on the e-Vahan portal of the… Continue reading Total number of EVs registered on e-Vahan portal goes up to 56.75 lakh
Democrats say Trump illegally withholding state EV charging funds
On Trump’s first day in office, he took aim at electric vehicles, saying he was halting distribution of unspent government funds for vehicle charging stations from the USD 5 billion National Electric Vehicle Infrastructure Fund. A group of nine senators on the Environment and Public Works Committee said on Tuesday the Trump administration is illegally… Continue reading Democrats say Trump illegally withholding state EV charging funds
Global electric vehicle sales up 18% in January
China extended its auto trade-in subsidies into 2025 as part of an expanded consumer trade-in scheme in January, to avert a slowdown in EV sales while reviving economic growth. Global electric and plug-in hybrid vehicle sales in January rose 18% year on year, as growth in Europe and the United States outpaced China for the… Continue reading Global electric vehicle sales up 18% in January