New Delhi, March 21 (IANS) China could move out of deflation but into a harmful form of ‘cost‑driven inflation’ as the Iran war pushes global energy prices higher, a new report has said.Rising oil costs are lifting production costs in China even while domestic demand remains weak, pushing companies into a space where they are unable to raise prices significantly, a report from EU-based Modern Diplomacy said.”Higher energy and raw material costs will likely squeeze profits further. Instead of p…
Latest Electric Vehicles News & Updates
New Delhi, March 20 (IANS) Leading automobile manufacturer Tata Motors Passenger Vehicles Limited (TMPV) on Friday announced a price increase of 0.5 per cent across its passenger vehicle (ICE) portfolio, effective April 1, 2026.”The weighted average price increase will be 0.5 per cent of the internal combustion engine (ICE) portfolio and the extent will vary across models and variants,” the company said in a statement.The company said that price increase is being undertaken to partially offset t…
New Delhi, March 20 (IANS) The Ministry of Heavy Industries has issued a Request for Proposal (RFP) to select beneficiaries to set up integrated sintered NdFeB Rare Earth Permanent Magnet (REPM) manufacturing facilities under the Rs 7,280-crore scheme, it was announced on Friday.The manufacturing facilities will have a total capacity of 6,000 Metric Tonnes Per Annum (MTPA) under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet, according to the statement.The scheme, ap…
New Delhi, March 19 (IANS) Global semiconductor major Infineon Technologies AG on Thursday partnered with Indian power-electronics firm Zenergize to support the country’s clean energy and electric mobility push.The collaboration was announced at the Bharat Electricity Summit (BES) 2026 held at Yashobhoomi in the national capital.The partnership focuses on technology integration and product development, and does not involve setting up a joint venture.Under the agreement, Infineon will provide a…
New Delhi, March 18 (IANS) The US sees China’s dominance of rare earth minerals, which are critical inputs required for electronic products, defence hardware and electric vehicles, as a major challenge. Ironically, senior officials also realise that America itself is responsible for having allowed the technology and production of these critical minerals go into China’s hands.A report in US news portal Defense One highlights that Washington itself transferred the technology to China in order …
Washington, March 14 (IANS) The United States announced up to $500 million in funding to expand domestic processing of critical minerals and strengthen the battery supply chain that supports industries ranging from defense to transportation and energy.The US Department of Energy (DOE) said the funding opportunity aims to expand critical mineral processing, battery manufacturing, and recycling capacity in the country as Washington seeks to reduce reliance on foreign supply chains for key material…
Mumbai, March 13 (IANS) Maharashtra Transport Minister Pratap Sarnaik announced on Friday that e-rickshaws and e-bikes used for public transport will now be required to undergo formal registration and obtain permits from the Motor Vehicles Department. This decision marks a shift in policy, as electric rickshaws (e-rickshaws) were previously exempt from the mandatory independent permit process required for traditional commercial vehicles. The Minister clarified that while the issuance of new perm…
Gandhinagar, March 12 (IANS) Over 8,000 students enrolled in the Motor Mechanic trade at Gujarat’s Industrial Training Institutes (ITIs) will now receive practical training in electric vehicles, following the distribution of 40 electric cars to state ITIs by Chief Minister Bhupendra Patel. The distribution took place in Gandhinagar on Thursday in the presence of Labour and Skill Development Minister Kunvarji Bavaliya.The initiative aims to familiarise students with the latest technology …
Hyderabad, March 8 (IANS) Telangana Chief Minister A. Revanth Reddy on Sunday said that the state government plans to soon distribute electric scooters to girl students studying in colleges.Addressing Women’s Day celebrations here, the Chief Minister said: “It may not be possible this financial year, but we are planning to soon distribute electric vehicles to college-going girl students.”During the 2023 Assembly elections, the Congress had promised electric scooters to every girl student of 18…
New Delhi, March 5 (IANS) Prime Minister Narendra Modi on Thursday said that the new strategic partnership in digitalisation and sustainability between India and Finland will create “innumerable opportunities” for the people of both nations, while opening new avenues for cooperation in advanced technologies, clean energy, and innovation.In a social media post on X, the Prime Minister said the elevation of bilateral relations to a strategic partnership in digitalisation and sustainability will de…