India Restricts Market Access for Chinese EV Maker BYD Amid Efforts to Attract Tesla

By BPN News Desk April 8, 2025

Automobile Cars

India has decided to restrict market access for Chinese electric vehicle (EV) manufacturer BYD Co., citing strategic and security concerns. Union Commerce Minister Piyush Goyal stated that the government needs to be cautious about foreign investments, particularly from countries with which

Business Industry

JSW Group Secures ₹1,487 Crore for Electric Vehicle Manufacturing Plant in Maharashtra

By BPN News Desk March 10, 2025

JSW Greentech Ltd, a subsidiary of the JSW Group, has announced plans to raise approximately ₹1,487 crore through a long-term loan to establish a greenfield facility in Aurangabad, Maharashtra. This initiative aims to bolster the production of electric buses (e-buses) and electric trucks (e-trucks), aligning with India’s push towards sustainable transportation

Trade

China Imposes Retaliatory Tariffs on Canadian Agricultural Products

By BPN News Desk March 9, 2025

In response to Canada's tariffs on Chinese goods, China announces new tariffs on Canadian agricultural products, including rapeseed oil and pork, effective March 20, 2025.

Automobile Electric Vehicles

Tesla’s India Entry Unlikely to Disrupt Domestic Automakers: CLSA

By BPN News Desk February 22, 2025

Global brokerage firm CLSA has assessed that Tesla’s entry into the Indian electric vehicle (EV) market is unlikely to significantly impact established automakers such as Tata Motors, Maruti Suzuki, and Hyundai. According to CLSA, the current EV market in India is relatively small, accounting for just 2.5% of annual car sales, and Tesla’s premium pricing […]