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.

Under these agreements, CESL and the private companies will jointly undertake the expansion and adoption of EV ecosystem.

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.

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.

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.

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.

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.

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).

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).