Articles for tag: Ban, Chinese, Citing, Cybersecurity, Dramatic, Move, Plans, protectionism, Risks, Russian, Technology, Vehicle

Market News

In a dramatic move, the US plans to ban Chinese and Russian vehicle technology, citing cybersecurity risks and protectionism.

In a dramatic move, the US plans to ban Chinese and Russian vehicle technology, citing cybersecurity risks and protectionism.

The US Commerce Department plans to announce new rules banning Chinese and Russian software and hardware in connected vehicles, aimed at enhancing cybersecurity. This move follows concerns about hacking risks associated with smart cars, which rely on internet connectivity. The proposed restrictions, stemming from a cybersecurity investigation launched by President Biden, focus on automated driving ...

Market News

The Union Cabinet allocates ₹14,335 crore to accelerate electric vehicle adoption, emphasizing e-buses and transformative charging infrastructure.

The Union Cabinet allocates ₹14,335 crore to accelerate electric vehicle adoption, emphasizing e-buses and transformative charging infrastructure.

The Indian government has approved two significant schemes to enhance the use of electric vehicles (EVs) with a total investment of Rs 14,335 crore. The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) will replace the earlier FAME scheme, focusing on various electric vehicles like two-wheelers, three-wheelers, ambulances, and trucks, and offer incentives ...

Market News

Mahindra unveils its electric vehicle, the e-ZEO, on World EV Day, heralding a new era in sustainable urban logistics.

Mahindra unveils its electric vehicle, the e-ZEO, on World EV Day, heralding a new era in sustainable urban logistics.

Mahindra Last Mile Mobility Limited has unveiled its newest electric vehicle, the e-ZEO, which stands for “Zero Emission Option,” as part of its efforts to boost environmentally friendly transportation. This announcement coincided with World EV Day on September 9, 2024. The e-ZEO is designed for improved energy efficiency and faster charging, aimed at transforming urban ...

Market News

The Electric Mobility Promotion Scheme achieves 60% of its target, extending support for India’s growing electric vehicle market amid impending FAME-III.

The Electric Mobility Promotion Scheme achieves 60% of its target, extending support for India’s growing electric vehicle market amid impending FAME-III.

The Electric Mobility Promotion Scheme (EMPS) is set to be extended until the launch of FAME-III, announced Union Minister H D Kumaraswamy. The current scheme, which is due to end on September 30, has already achieved 60 percent of its target, supporting over 334,000 electric vehicles. The extension is expected to last for about two ...

Market News

Mercedes-Benz India unveils the Maybach EQS 680 SUV, aiming for top five luxury markets amid a growing electric vehicle landscape.

Mercedes-Benz India unveils the Maybach EQS 680 SUV, aiming for top five luxury markets amid a growing electric vehicle landscape.

Mercedes-Benz India is focusing on expanding its Maybach brand, aiming to position India among the top five markets for Maybach sales. Recently, the company launched the all-electric Mercedes-Maybach EQS 680 SUV, starting at Rs 2.25 crore. CEO Santosh Iyer emphasized the brand’s strategic importance and projected growth potential in the luxury segment, highlighting that they ...

Market News

China’s Electric Vehicle Industry Expands Globally Despite Western Trade Barriers

China’s booming electric vehicle (EV) sector is venturing into offshore markets, undeterred by increasing protectionist measures in the West. Despite challenges posed by global trade tensions, Chinese EV companies are seizing opportunities to expand their presence globally. As they navigate through changing trade dynamics, Chinese EV manufacturers are forging ahead with innovation and technology advancements ...

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