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BerylPhilemon
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
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BerylPhilemon
Release Time:2024-05-31
Government raises customs duty on certain auto parts to support local manufacturing
NEW DELHI: In a bid to support domestic manufacturers, the government on Monday proposed to increase customs duty on some imported components used in automobiles. In the budget for 2021-22, Finance Minister Nirmala Sitharaman has proposed to increase customs duty on components like ignition harness, safety glass, signaling equipment, etc. to 15 percent from February 2nd. Currently, the tariff on these components is 7.5% to 10%. Nirmalala Sitharaman in the budget speech: “We have increased the tariff on some auto parts to 15 percent, making it comparable to the general tariff on auto parts.” The government said the basic tariff changes are aimed at creating a level playing field for small and medium enterprises and other domestic manufacturers. The components will also attract agricultural infrastructure and development costs at a rate of 5%. Jain, President, Auto Component Manufacturers Association “The increase in basic tariffs on some auto componen...
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what are cng vehicles
SigridClarissa
EileenGladstone
Release Time:
July 2, 2024, 10:08 AM
CNG vehicles are vehicles powered by Compressed Natural Gas, a cleaner alternative fuel to gasoline or diesel. CNG is stored at high pressure, typically over 3,000 pounds per square inch, but once released and ignited in the engine, it burns cleaner than other fossil fuels, producing fewer pollutants and greenhouse gases. This makes CNG vehicles an environmentally friendlier option, contributing to a reduction in air pollution and the effects of global warming. The main components that differentiate a CNG vehicle from conventional ones are the fuel storage tanks and fuel injection system designed to handle high-pressure gas rather than liquid fuel. While the upfront cost of CNG vehicles can be higher due to specialized equipment, the lower fuel cost can make them economically attractive in the long term, especially for fleets or in regions where CNG is significantly cheaper than gasoline or diesel. However, the infrastructure for refueling CNG vehicles is less widespread, which can be ...
0
BerylPhilemon
Release Time:
March 5, 2024, 10:05 PM
The CNC vehicle is powered by compressed natural gas CNG. These vehicles use a modified gasoline internal combustion engine to burn natural gas. Natural gas vehicles can include private cars. buses and commercial trucks. They emit fewer emissions than regular gasoline or diesel vehicles. and they are usually more affordable than gasoline.
0
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