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?
(Reuters) - One of the most notable happenings at Apple's event for developers on Monday is likely the iPhone maker's tweak that will keep its autocorrect feature from annoyingly correcting one of the
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.
Ship of Theseus director Anand Gandhi moved to Goa to synthesise big ideas and build an Indian sci-fi mythiverse with MAYA. ‘In a way, the job title in the East for this enterprise is the Buddha.’
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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.