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BENGALURU/MUMBAI: Prime Minister Narendra Modi’s call for austerity measures to reduce fuel consumption and conserve foreign exchange is beginning to ripple through corporate India, prompting companies and industry bodies to revive work-from-home policies, curb travel and push greener logistics initiatives.The shift marks a significant change in corporate messaging after several large companies spent the past…
Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…
Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…
NEW DELHI: Calling the introduction of hydrogen fuel cell electric vehicles (FCEV) a transformative step in shaping India’s clean future, new and renewable energy minister Pralhad Joshi on Thursday launched a pilot project to use hydrogen in the mobility sector.At an event, where National Institute of Solar Energy (NISE) and Toyota Kirloskar Motor signed an…
NEW DELHI: The China factor weighs heavily on India’s emerging electric car market as the domestic supply chain for the green cars is still inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV car models sold in the country, only six have been found eligible for benefits under the…
CHENNAI: The festive month of Oct proved to be nothing short of impressive for India’s electric vehicle (EV) industry. Total EV registrations reached an all-time high, with every segment of battery-powered vehicles experiencing positive growth. Electric two-wheelers alone raced past the one-million-unit milestone for the calendar year – with two months still to go. This…
On the sidelines of the Japan Mobility Show 2025, Honda Motor Co. President and Representative Executive Officer Toshihiro Mibe unveiled the company’s roadmap for India, signaling a clear shift toward electric mobility and a significant expansion of its product lineup in the years ahead.Mibe revealed the company’s plan to launch 10 new models in India…
A majority of car buyers have used recent GST reductions not to save money but to upgrade to higher-end models and brands, according to a new study. As per news agency PTI, around 80 per cent of buyers surveyed said they used the tax relief to switch to a better model, brand, or premium add-ons…
