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EV SUBSIDY DISPUTE
China files complaint against India in WTO over EV, battery subsidiesChina has lodged a complaint with the World Trade Organization against India's electric vehicle and battery subsidies. Beijing claims these...
Death of the sustainability poster child: What does it teach us?BluSmart, an electric vehicle cab service, shut down due to financial mismanagement. The company's failure raises concerns about oversight ...
China finishes EU probe report, hints at 'retaliatory measures'The Ministry of Commerce released the findings of its investigation into the EU's Foreign Subsidies Regulation on Thursday, highlighting "s...
NCLT admits insolvency plea against Hero ElectricHero Electric Vehicles has entered the insolvency resolution process following a plea from Metro Tyres, who claims unpaid dues of ₹1.85 cro...
SFIO holds search operations at Hero Electric, other cos for fraudulent availing of subsidies worth Rs 297 crores under FAME IIThe SFIO has conducted searches at Hero Electric, Benling India, and Okinawa Autotech for fraudulent subsidy claims worth Rs. 297 crores un...
China files complaint at WTO over EU tariffs on Chinese electric vehiclesElectric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies on European ...
Hero Electric seeks to settle subsidy misappropriation case with CentreHero Electric has sought the Ministry of Heavy Industries' intervention to resolve ongoing disputes and release pending EV subsidies. The c...
EU plan to press ahead with China EV tariffs bad for ties and green ambitions -XinhuaThe European Commission's move to impose tariffs on Chinese-made electric vehicles may strain China-EU relations and hinder climate change ...
China files WTO complaint against EU over tariffs on electric vehiclesChina has filed a complaint with the World Trade Organisation over the EU's provisional tariffs of up to 37.6% on Chinese-made electric veh...
Elon Musk is supporting Donald Trump despite the latter’s views on EV vehicles; Here is the reasonElon Musk who is the CEO of Tesla has extended his support to Donald Trump despite the former president’s views on EV vehicles. There is a ...
Europe is slapping tariffs on Chinese electric vehicles - for now. Here's what to knowEU raises customs duties on Chinese electric vehicles due to unfair subsidies. Tariffs aim to address market imbalance. Negotiations ongoin...
Europe wants affordable electric vehicles from China. But not at the cost of its own auto industryThe European Union plans to increase tariffs on Chinese-made electric vehicles due to unfair subsidies. This move aims to address the surge...
India's electric two wheeler industry faces uncertainty as subsidies declineThe e2w OEMs have to contend with lower financial support from the government in the next fiscal. They also have to face increasing competi...
Govt may slap recovery suit on 3 companies to get back FAME subsidyThe Centre is considering legal action against Hero Electric, Okinawa Autotech, and Benling India for not repaying the subsidies they wrong...
Budget 2024: Bengaluru’s industry leaders expect regulatory ease, clearer policiesBengaluru’s industry leaders expect the interim Union budget to focus on resolving unfinished agendas and providing regulatory ease. The ma...
Hero Electric taps GII, credit funds for Rs 550 croreAccording to sources in the know, the company is attempting to raise Rs 300 crore from existing backer GII and tie up the remaining funding...
Tesla’s China exports in crosshairs of EU anti-subsidy probeTesla is under investigation in the European Union's anti-subsidy probe into electric vehicles (EVs) from China. The investigation aims to ...