pli: Elon Musk’s Tesla can apply for battery PLI sops: Heavy Industries Ministry

Elon Musk’s Tesla can apply for incentives under the National Programme on Advanced Chemistry Cells (ACC) Battery Storage, Minister of State for Heavy Industries, Krishnan Pal Gurjar informed the Rajya Sabha on Friday. He was responding to question on whether a separate policy for providing incentives to Tesla is being formed. While answering another question, … Read more

Boeing needs ‘heightened level of oversight,’ says top U.S. aviation regulator

The new chief of the U.S.  Federal Aviation Administration (FAA) said his agency is midway through a six-week audit of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufacturer. FAA administrator Michael Whitaker suggested that Boeing — under pressure from airlines to produce large … Read more

Interim Budget 2024: Auto Industry Hopes High for Economic Boost, Will Finance Minister Deliver?

Last Updated: January 29, 2024, 19:02 IST Auto Industry’s Wishlist for Budget 2024, Hopes High for Economic Boost. (Representational Image) (Photo: HT) Auto industry anticipates growth-oriented measures in upcoming budget. Hopes for infrastructure support and incentives for electric vehicles. As the interim budget approaches, people in the automobile industry have different hopes for Finance Minister, … Read more

Report raises questions around growing mining exploration in northern B.C.

A new report by the U.S. branch of the non-profit Environmental Investigation Agency says that investment interest and government tax incentives are fuelling intense mining exploration in remote northern B.C. — raising concerns about the environmental impacts of the work and its financial implications. The report focuses on the transboundary region, which falls along the border between … Read more

Ottawa expected to release promised EV sales regulations Tuesday

Automakers are set to get a jolt Tuesday when Ottawa unveils its promised electric vehicle regulations. CBC News has learned that Ottawa will release final regulations it says will ensure that all new passenger cars sold in Canada by 2035 are zero-emission vehicles, a senior government source said. The source — who was not authorized to speak publicly — … Read more

Helium startups on the Prairies hope to keep domestic supplies afloat

To the untrained eye, the collection of pipes and structures rising out of the prairie 200 kilometres east of Calgary looks like any other natural gas processing plant in southern Alberta.  But the Steveville plant isn’t focused on extracting hydrocarbons. Instead, the prize it’s seeking deep underground is helium.  The element is most commonly associated with … Read more

U.S. ‘beginning’ internal discussions about renewing North American trade pact

For anyone with lingering night terrors from the last renegotiation of NAFTA, the notion of reopening the pact might evoke the trailer for a classic horror movie sequel: It’s baaaaa-aaaack.  But this time is different, says the U.S. envoy to Canada. In an interview with CBC News, Ambassador David Cohen said officials in his country have … Read more