The minister also promised faster disbursal of incentives to eligible applicants, underlining the Centre’s commitment to a globally competitive and self-reliant automotive sector. Scheme is central to the government’s broader …
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In a significant development, China’s automotive giants Chery and BYD are under fire after an audit unveiled questionable claims amounting to $53 million in state subsidies for eco-friendly vehicles sold …
In a groundbreaking agreement, MP Materials has partnered with the US government to ramp up the production of rare earth magnets. This strategic initiative is designed to diminish dependence on …
- Industry News
Uttarakhand reviews draft EV policy 2025, focus on incentives and ecosystem development – ET Auto
During the session, the draft policy was formally presented, outlining proposed incentives and infrastructure goals to boost electric vehicle (EV) adoption across Uttarakhand. Of the over 42 lakh registered vehicles …
Tata Motors, M&M, Bajaj Auto, Ola Electric, and TVS Motor are expected to claim over ₹2,000 crore under the PLI scheme for achieving investment and sales targets in FY25. Tata …
India, which is the fastest-growing major economy, is on track on its mission to clean mobility journey, Minister of State for Road, Transport and Highways, Harsh Malhotra, said here on …
Chinese car manufacturers are navigating turbulent financial waters, with recent data revealing a downward trend in their fiscal health over the past six years. Reuters Published On Jul 10, 2025 …
This assumes significance as the electric vehicle (EV) market is gaining significant traction in the country, paving the way for a more sustainable future. PTI Published On Jul 10, 2025 …
- Industry News
India automaker Mahindra, parts maker Minda eye local magnet production, sources say – ET Auto
China, which produces around 90per cent of the world’s rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States …
The partnership aims to provide access to a collective network of over 450 EV charging points across India. PTI Published On Jul 10, 2025 at 03:05 PM IST Two electric …