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EU lowers planned tariff on Tesla's china-made electric vehicles to 9%
The tariffs are in addition to the EU's standard 10% duty on car imports.Read more
Servotech Power Systems to build 12 EV charging stations for ANERT
As the demand for EV mobility grows, there is a corresponding requirement for convenient and accessible charging infrastructure for electric vehicles.Read more
India seeks expanded tariff cuts, stricter rules of origin in ASEAN FTA review
On the ASEAN side, there are expected demands for more concessions on items where India has not yet offered duty cuts or tariff eliminations.Read more
MCE component localisation levels to rise 70% in 5-7 years; ICRA
The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more
Foxconn to establish energy storage unit in India
The company is also keen to bring its ‘3+3 strategy’ to the country.Read more
DEE Development’s total income rises by 18% YoY, reaching Rs 1.88 million
he total order book as of June 30 2024, stands at Rs 8.03 billion. Read more
Public charging stations have surged ninefold in India
Within just two years, from February 2022 to March 2024, the number of public charging stations surged from 1800 to 16,347Read more
Euler Motors unveils Rs 1 billion EV factory in Haryana; to supply 36,000 EVs
The plant features advanced automation technologies, including an EMS Hanger system for efficient vehicle handling, Trailing Arm Fitment Assist for improved assembly, and a vacuum-based brake oil filling machine to reduce spillage.Read more
VJTI hosts alumni connect event to strengthen academia-industry linkages
The gathering featured around 50 alumni and representatives from over 25 leading industries, providing a platform for discussions on new placement and internship opportunities.Read more
TVS Motor to invest Rs 22 billion in FY2; 50% to capex
TVS Motor's recent acquisition, Norton Motorcycles, will see the launch of six new products over the next three years. Read more