News Jun 09, 2021 India may gain from minimum 15% Corporate Tax Pact by G-7 Countries Experts feel that India is likely to benefit from the global minimum 15% corporate tax rate pact inked by the world's richest G-7 nations. It is a landmark step toward reforming the global tax system.
News Jun 08, 2021 Government’s CESL ink MoUs to expand EV charging infrastructure Under these agreements, CESL and the private companies will jointly undertake the expansion and adoption of EV ecosystem.
News Jun 06, 2021 Toyota may consider shifting EV production to US Toyota Motor Corp. may shift electric-vehicle production to the US if demand continues to grow, according to a top executive. The Japanese carmaker is joining peers in embracing the technology.
News Jun 03, 2021 BorgWarner to supply Integrated Drive Module to Hyundai's A segment EVs Overall drive system weight and space are reduced by integrating the gearbox, a 400V silicon inverter and the motor with a compact, 146mm stator outer diameter.
News Jun 03, 2021 US manufacturing units experience strong demand but shortage of labour As the economy reopens, the demand increases in the US manufacturing units but there is an acute shortage of labour and raw material. The suppliers are struggling to meet the growing demand.
News Jun 01, 2021 Good News as Global Auto Industry Is Above Pre-Crisis Level According to a study, the global automobile industry has been able to earn more operational money than before the corona crisis. Q1, 2021 seems to be favourable for the industry.
News May 28, 2021 Two- & three-wheelers will take lead in electric mobility by 2025: ICRA As per ICRA, India can work on electrifying its two-and three-wheeler segment. This segment is favourable for the benefits of economies of scale due to the huge volume and total cost of ownership.
News May 27, 2021 Second Covid wave adversely impacts auto industry in April 2021: Ind-Ra The second covid wave has stalled the auto industry’s momentum recorded in 3Q-4QFY21, according to a recent report published by India Ratings and Research (Ind-Ra).
News May 27, 2021 Auto financers at risk with borrowers’ cash and fleet utilisation falling There will be a material impact on vehicle financers’ asset quality due to the second covid wave, according to a report by India Ratings and Research (Ind-Ra).