Etiqueta: Industry

In the deserts of Gujarat, something remarkable is happening. On my recent visit I saw hundreds of trucks moving under the warm Indian sun. Thousands of hardworking young people from all corners of Bh

As Iran’s domestic carmakers lose money due to sanctions, a technological gap and mismanagement, officials are promising to boost the electrical vehicle production.

German carmakers are seeing the future in a rosier light than last month, a leading economic institute says. Positive developments regarding exports to the US and China are a major factor driving the increased optimism.

Chinese Car Loan Policy: Financial institutions can independently determine the lowest payments they will accept on personal auto loans for gasoline-engine cars and new energy vehicles (NEVs), the central bank said in a statement released jointly with the National Financial Regulatory Administration (NFRA).

Rajesh Kumar Singh, Secretary, the Department for Promotion of Industry and Internal Trade (DPIIT) clarified that there are presently no specific restrictions targeting imports from China. He noted that BYD vehicles, originating from China, are already operational on Indian roads, having met their duty requirements.

Rajesh Kumar Singh, Secretary, the Department for Promotion of Industry and Internal Trade (DPIIT) clarified that there are presently no specific restrictions targeting imports from China. He noted that BYD vehicles, originating from China, are already operational on Indian roads, having met their duty requirements.

India's new EV policy allows import of electric vehicles, even from China, with import duty concessions for companies investing USD 500 million. The policy aims to kickstart four-wheeler e-car manufacturing and may lead to Chinese auto firms entering the local market.