Govt think tank flags India’s skewed auto export mix, warns domestic focus and high tariffs are limiting its global footprint; also highlights how auto components are a bright spot.
Indian auto manufacturers have expressed concern over slashing import tariffs on EVs and have requested for a gradual reduction to 30 per cent rather than dramatic cuts.
Scrapping & recycling will help reduce component costs by 30-40%, says Union minister. This, he adds, will help reduce steel imports by 65 lakh tonnes & create 35,000 more jobs.
Automobile dealers’ body asserts there has been no slowdown in demand, but original equipment manufacturers are dumping vehicles for which there is stock already available.
Auto sales between 2020 and 2070 to create $19 trillion in revenue & taxes, with EV sales contributing $12.9 trillion, says the report by Climate and Sustainability Initiative.
Central government should consider introducing measures in interim budget to 'fuel demand' for four-wheelers, says BMW Group India president Vikram Pawah.
As MG Comet microcars finally start hitting Indian streets and Ligier tests its Myli subcompact car in the country, is there a chance for a next-generation electrified Nano?
May sales were quite good on the surface, but going through them with a fine comb requires understanding all sorts of subsidiary and interlinked issues.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
I would like to slap the faces of Indian EV makers for producing unaffordable EVs. Then, I would like to impose zero percent tariff on EV imports, flood the market, and make them affordable for the masses. All those makers of electric cars with less than 500 km range should be shot to death.
I would like to slap the faces of Indian EV makers for producing unaffordable EVs. Then, I would like to impose zero percent tariff on EV imports, flood the market, and make them affordable for the masses. All those makers of electric cars with less than 500 km range should be shot to death.