Page 13 - Nitin Kumar

EV industry set to end its best sales year in spite of subsidy cuts

This year marked a reduction in subsidies for electric two-wheelers (e2W), a category that constitutes around 55% of the overall EV sales

India set to acquire five lithium blocks in Argentina spotted by KABIL

To invest Rs 200 crore over 5 years for exploration and development

India to provide duty cuts in FTA only if UK increases localisation to 45%

The UK side has also opposed India's proposal to provide duty cuts for electric vehicles priced above $85,000

India set to launch first-ever offshore mineral auction in Q1CY24

Critical minerals are defined as those that are essential to the economic and national security of a nation but that have a supply chain vulnerable to disruption

Extend FAME-II, set deadline for polluting vehicles: Parliament committee

To maximise the environmental decarbonisation benefits of EVs, the establishment of solar-powered EV charging stations is essential, the Committee said

MHI introduces amendment to automobile wheel rim quality control order

Each two-wheeler manufacturer is also permitted to import a maximum of 70,000 units of two-wheeler automotive wheel rims for manufacturing 35,000 vehicles

100 critical mineral blocks to be auctioned before Feb 2024: Mines minister

Around 15 offshore blocks will also be auctioned in March

India cautious as Tesla yet to share electric vehicle launch pricing

The Texas-headquartered electric vehicle (EV) manufacturer has not disclosed pricing details for the introduction of its cars in the Indian market

In a first, exploration licences to private agencies for mineral projects

A total of 17 projects, including 11 of critical minerals, provided to the five NPEAs are in Maharashtra, Madhya Pradesh, Chhattisgarh, Odisha, Gujarat and Karnataka

Digging deeper: Govt expects production of critical minerals in 4 years

Aims to expedite processes to hasten clearances, auction

Critical mineral imports rise as shift towards green energy catches pace

India eyeing self-reliance amid supply risks from China

Amid overall electric vehicle boom: E-bus market share falls to under 3%

Industry experts attribute the decline to delays in bus supply from original equipment manufacturers (OEMs) and the lack of state government's efforts in enforcing timely procurement

Tata Motors secures first CMVR approval for its hydrogen FCEV buses

FCEV is a type of electric vehicle that uses hydrogen fuel cells to generate electricity instead of relying solely on batteries

Economics before politics good for the industry, says Ficci president

Shah explains his key focus areas and views on the economy as well as the industry

India at COP: Advocates equity, seeks stronger role from developed nations

New Delhi reduced its GDP emission intensity by 33% between 2005 and 2019, achieving the target 11 years in advance, says Environment Minister Bhupender Yadav

Okinawa acknowledged violating FAME scheme: Govt in Delhi High Court

HC asks govt to submit affidavit; next court hearing on December 18

Govt advances ASP standardisation for critical and strategic minerals

The government on November 29 initiated the process to auction the first tranche of Rs 45,000 crore worth of 20 blocks of critical and strategic minerals

Govt notifies 16 pvt exploration firms for critical, deep-seated minerals

In a bid to encourage private participation in exploration endeavours, the government will provide a financial incentive of up to 25 per cent of the approved cost of exploration

Bike-taxi service provider Rapido drives cabs into Uber, Ola lane

Bike-taxi service provider launches new segment with subscription model for driver partners

India joins Battery Energy Storage Systems Consortium for RE integration

IndiGrid, a power sector infrastructure investment trust, was awarded its first BESS project to design, supply, test, install, commission, operate, and maintain a 20 Mw/40 Mwh in Delhi