Home Tag "COMPANIES"

NITI Aayog’s electric mobility proposal irks India’s auto industry

CII has expressed concerns over the timing of the move and the haste with which the government is pushing through electric mobility Government think-tank NITI Aayog’s proposal calling for replacement of various categories of vehicles by electric vehicles (EVs) within a certain time has irked India’s auto industry and prompted the Confederation of India Industry […]

Companies seek carbon tax from U.S. Congress

Representatives from more than 70 companies met with U.S. lawmakers on Wednesday to push for a tax on carbon emissions to fight climate change, and a senator said bipartisan legislation containing such a plan could be introduced in weeks. The gathering, which included PepsiCo, Johnson & Johnson, Tesla and General Mills, was the largest business […]

M&M stops producing India’s first electric car model amid flagging sales

Mahesh Babu, chief executive at Mahindra Electric, confirmed that the company had stopped the production of the model for the domestic market Mahindra Electric Mobility, the electric vehicle arm of Mahindra & Mahindra (M&M), has discontinued the production of the e2oPlus, the four-door hatchback based on the Reva platform, for the domestic market amid flagging […]