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.
Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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.