The government is working on measures to improve supply of rare earth minerals, including negotiating trade pacts with Chile and Peru, promoting domestic exploration, and engaging startups in recycling and processing, Commerce and Industry Minister Piyush Goyal said on Friday. China, the major player of these minerals, has imposed restrictions on the supply, which is...

Ceat, part of the RPG Group, has been focusing on expanding its product mix and enhancing operational efficiency to sustain profitability amid evolving market conditions. Tyre maker Ceat Ltd on Friday reported a 54 per cent year-on-year rise in consolidated net profit to ₹186 crore for the quarter ended September 30, 2025, driven by strong...

Autoliv reported a third-quarter adjusted operating profit exceeding market expectations, driven by strong sales in the Americas and Europe, and successful cost reduction efforts. Autoliv, the world’s largest producer of airbags and seatbelts, reported a third-quarter adjusted operating profit above market expectations on Friday and said it had recouped around 75 per cent of the...

A recent GST rate cut has significantly boosted orders for auto component manufacturers. The recent GST rate cut has led to a surge in orders for auto component manufacturers, driven by increased vehicle sales and consumer purchasing power. Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction...

Sales in the Tires group sector amounted to around 3.5 billion euros in the third quarter, in line with expectations, with an adjusted EBIT margin of around 14.3 per cent , beating the consensus of 13.0 per cent . German automotive supplier Continental AG said in a preliminary estimate on Thursday that its third quarter...

The Sprott Lithium Miners ETF, for instance, has jumped more than 35 per cent in the past month. Critical mineral companies are boosting lobbying efforts in Washington, hoping to share in the ambitious investments that US President Donald Trump has pledged to firms deemed essential to national security, a Reuters review of public records and...

It will be available in four configurations — 1.5 kWh, 3 kWh, 5.2 kWh and 9.1 kWh — priced at ₹29,999, ₹55,999, ₹1,19,999 and ₹1,59,999, respectively, for the first 10,000 units. Ola Electric on Thursday announced its entry into India’s battery energy storage system (BESS) market with the launch of Ola Shakti, a residential energy...

Chinas latest export limitations on rare earth metals send shockwaves through the European car manufacturing industry. Expected new Chinese curbs on rare earth metal exports could have a significant impact on the European auto industry, the head of Italian auto part maker lobby ANFIA said on Tuesday, as reserves of those materials are low. Despite...

The due diligence findings, the September stalling of the deal and ZF Group’s new plans with Foxconn are being reported for the first time. Foxconn‘s two-year pursuit of a stake in a unit of German auto supplier ZF Group stalled last month due to a substantial mismatch in valuation expectations and a higher-than-estimated debt pile,...

Niti Ayog member V K Saraswat inaugurated CRISP-2025 at IIT-ISM, emphasizing self-reliance in critical minerals for India’s green transition. Niti Ayog member V K Saraswat inaugurated ‘Critical Metals: Recycling, Innovation, Separation and Processing (CRISP-2025)’, a national level conference at the IIT-ISM here on Monday. The two-day conference aims to bring together scientists, industry leaders, and...