auto

Volkswagen is reeling in China; Can EVs help it grow in the US?

But in the near term, Volkswagen CFO Arno Antlitz told Reuters the company expects to continue losin...

auto | 9 hours ago

2024 Budget: Sitharaman almost halves FAME allocation, no GST relief for EV industry

Nirmala SitharamanFinance Minister Nirmala Sitharaman has almost halved the allocation for the FAME ...

auto | 9 hours ago

Budget 2024-25: 'Critical Mineral Mission' to boost EV battery production

In the interim budget, the Finance Minister had hinted about the GoI’s strategy to promote energy se...

auto | 9 hours ago

Budget 2024-25: FM Nirmala Sitharaman unveils comprehensive employment and skilling initiatives

A new centrally sponsored skilling scheme will skill 20 lakh youth over five years. Union Budget 202...

auto | 9 hours ago

Budget 2024-25: Auto Inc. applauds policy continuation, skilling focus, but awaits more Govt commitment on EVs

Finance Minister Nirmala SitharamanUnion Budget 2024-25: With a focus on nine key areas, Finance Min...

auto | 9 hours ago

EV sector gets no direct benefits in the Budget, FAME III yet to be finalised

In various pre-Budget discussions with industry representatives, officials of the ministry of heavy ...

auto | 9 hours ago

CEAT lines up INR 1k cr capex in FY25, flags margin woes

India imports almost half of its requirement of natural rubber, the price of which is escalating due...

auto | 17 hours ago

Renewed push: Centre weighs dedicated fund to drive vehicle scrapping and new car sales

As many as 450-500 automated vehicle testing stations and 50-75 registered vehicle scrapping facilit...

auto | 17 hours ago

Prasad Phansalkar steps down as Stellantis dealer development Head

Prasad PhansalkarPrasad Phansalkar, the Director of Dealer Network Development at Stellantis, has su...

auto | 17 hours ago

Porsche waters down EV ambitions, says transition will take 'years'

"Our double strategy is more important than ever," Porsche said, referring to its continued developm...

auto | 17 hours ago

Stellantis ready to 'fight' for place in Europe's EV market, says CEO

This year, the UK government has ruled that 22% of all new cars sold must be EVs. According to SMMT ...

auto | 17 hours ago

Indian rupee eyes RBI, equity reaction to budget

"Expectations that RBI will almost certainly intervene means that interbank does not have the appeti...

auto | 17 hours ago

India's fuel consumption grows 2.6% in June, driven by surge in ATF and Petrol use

Ethanol blending reached 15.9% in June 2024, with 14,476 retail outlets now offering E20 fuel, which...

auto | 17 hours ago

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus

To match its 2023 delivery record of 1.81 million vehicles, Tesla needs to deliver at least 977,815 ...

auto | 17 hours ago

onsemi partners with Volkswagen Group for power box solution in next-gen traction inverter

The power box solution, based on EliteSiC M3e MOSFETs, can handle more power in a compact package, t...

auto | 17 hours ago

US opens probe into 150,000 Stellantis vehicles over loss of motive power

The NHTSA has received 80 such consumer complaints affecting 2022 RAM 1500 pickup trucks and 2022 Je...

auto | 17 hours ago

Coal likely to remain backbone of country's energy system for next two decades: Eco Survey

Coal, which accounts for 70% of the total electricity generation, is also a critical input in variou...

auto | 17 hours ago

Sodium-ion batteries are set to spark a renewable energy revolution - and Australia must be ready

Some types of lithium mining require a lot of water and energy and have led to local pollution, such...

auto | 17 hours ago

Making battery energy storage an integral part of ‘Net-Zero’

Experts predict that approx. 600 GWh of BES systems can get added globally by 2030 with more than 85...

auto | 17 hours ago

Mahindra Logistics reports 55% decline in Q1 profit to INR 10.15 cr

The company's future outlook focuses on continued growth and operational improvements, despite chall...

auto | 17 hours ago

Budget 2024-25: FM Nirmala Sitharaman announces major push for MSMEs and job creation in manufacturing sector

The Finance Minister further added that the government will reimburse employers up to Rs 3,000 per m...

auto | 17 hours ago

Economic Survey 2023-24: PLI scheme attracts INR 67,690 cr investments

"While passenger vehicles quickly recovered, the recovery period for two-wheelers, three-wheelers, a...

auto | 1 day ago

India to seek licenses to scout Pacific Ocean for critical minerals

The 36-member ISA council is meeting in Jamaica this month to negotiate the latest draft of a mining...

auto | 1 day ago

Eco Survey showcases policy support for encouraging EVs but what’s the way forward?

The second edition of the FAME scheme was launched in 2019 - the scheme offered subsidies of up to 4...

auto | 1 day ago

Sanjay Gawde to replace Edwin Lobo as Head - HR and Administration of Mahindra Logistics

Sanjay GawdeNew Delhi: Mahindra Logistics Monday informed its investors about the retirement of Edwi...

auto | 1 day ago

Government addresses challenges in national highway development with proactive measures and strategic upgrades: Economic Survey

The government is also aiming to make all NHs a minimum of two lanes with paved shoulders standards....

auto | 1 day ago

Ahamani EV Tech explores technology transfer opportunities to Indian auto companies

The company has also patented an E-Scooter rental management system and a leasing program, both of w...

auto | 1 day ago

Amara Raja Energy & Mobility partners with IIT Tirupati for advanced energy storage technologies

Amara Raja to establish Dr R N Galla Chair Professorship at IIT Tirupati TirupatiAmara Raja Energy &...

auto | 1 day ago

Volkswagen opens certified pre-owned store in Chittorgarh, Rajasthan

This new store is part of Volkswagen's global shift towards Volkswagen Certified Pre-Owned, previous...

auto | 1 day ago

VinFast eyes big on Hyderabad for EV ecosystem development

With a focus on smart mobility and social infrastructure, VinFast recently invested INR 4,000 crore ...

auto | 1 day ago