Automobile News

The ultra-premium electric car will be powered with a 99.8 kWh lithium-ion battery pack

H D Kumaraswamy tells automakers to follow PM E-DRIVE norms

The heavy industries minister's remarks assume significance as the second phase of FAME-II (Faster Adoption and Manufacturing of Electric Vehicles) scheme was marred by allegations of some companies availing fiscal incentives by violating the norms.

PV sales fall nearly 2% at 3.57 lakh units in September, 3rd month of decline

While carmakers were cutting down dispatches to match retail numbers, the high base effect of last year also resulted in degrowth in total PV volumes

Govt launches PM E-DRIVE subsidy scheme with Rs 10,900 cr outlay

Subsidy under the scheme for electric two-wheelers has been fixed based on battery power at Rs 5,000 per kilowatt hour but the overall incentive will not exceed Rs 10,000 in the first year

Spike in pre-owned SUV demand fuels used-car market boom

Some of the best-selling models in that category include Hyundai Creta (Rs 1.47 - 22.99 lakh), Tata Nexon (Rs 2.50-16.50 lakh), Mahindra XUV500 (Rs 1.80 -19.90 lakh), Mahindra Scorpio (13,000 to Rs 20.11 lakh), Mahindra Thar (Rs 50,000 to Rs 20 lakh), and Renault Duster (starting at Rs 1,68,000).

Ford in talks to make EVs in way back to India, says Tamil Nadu minister

Ford is yet to decide on the what it will manufacture in India, Tamil Nadu Industries Minister T.R.B. Rajaa said in an interview to Bloomberg TV. However, he hinted that it could be electric vehicles

India likely to tighten localisation rules for EV makers by 2025: Report

Under the new phased manufacturing programme tied to the PM e-DRIVE EV subsidy initiative, OEMs will be required to locally source and assemble a significant number of sub-components

Stalin lays foundation stone for Tata Motors' Rs 9,000 cr manufacturing plant in TN

Tamil Nadu CM M K Stalin inaugurated Tata Motors' new manufacturing plant at Panapakkam, expected to generate 5,000 jobs. Investment stands at Rs 9,000 crore.

Kia, Mercedes, BYD set to launch new models in coming weeks; Maruti Suzuki gearing up for all-new Dzire

Amid weak demand, new vehicle launches and pricing adjustments are set to play a key role in reviving the automotive industry in these tough times by attracting footfalls into the showrooms.

Toyota says it will end Olympics and Paralympics sponsor contract

Earlier this month, Panasonic Holdings announced it would end its 37-year contract as a top sponsor after it became an official partner of the Olympic Games in 1987.

Thar ROXX 4x4 variants priced between Rs 18.79-22.49 lakh

The 4X4 range begins with the MX5 MT at Rs 18.79 lakh, and goes up to Rs 22.49 lakh for the AX7 L AT. The 4WD option will be available in diesel powertrain while the petrol variant only gets a 4x2 setup.

Euler Motors enters electric LCV market, launches Storm EV at Rs 8.99 lakh

The EV startup has spent Rs 100 crore for the development of this model, which will have an initial production capacity of 1,000 units per month. It will introduce the two models in seven major cities, including Delhi, Chennai, Mumbai and Hyderabad and later take them to other cities where it operates.

Foxconn, Stellantis JV set up R&D for automotive semiconductors tech in India

SiliconAuto is a joint venture between the Netherlands-based Stellantis NV and Hon Hai Technology Group (Foxconn)

The Drive Report: Mercedes-Benz EQS SUV

Does Mercedes-Benz India’s new flagship EV offer the best luxury experience for its price?

Tata Motors launches new Nexon variants; CNG model starts at Rs 8.99 lakh, EV at Rs 13.99 lakh

The company claimed that following the additions, Tata Nexon is the only vehicle in the country available in 4 distinct powertrains – petrol, diesel, CNG and electric

myTVS rolls out mobility-as-a-service platform for last-mile EV fleet player

The company has partnered with MoEVing, an EV-based logistics firm to start Mobility-as-a-Service (MaaS) to provide end-to-end vehicle management solutions.

In its new innings in India, Ford to focus on electric vehicles

Ford exited India in September 2021 after struggling to stay competitive despite a broad range of ICE models, including the Figo, Aspire, EcoSport and Endeavour.

MG Windsor EV variant-wise prices announced, starts from Rs 13.49 lakh with battery

The company is offering a first-of-its-kind lifetime battery warranty to the first owner of MG Windsor.

PM E-DRIVE likely to boost local EV manufacturing in a phased manner, to replace FAME: Report

The financial incentives for electric two-wheelers will be reduced to Rs 5,000 per vehicle starting in 2025-26, while subsidies for electric three-wheelers will be capped at Rs 25,000 per vehicle.

BaaS effect: MG Comet now more affordable as starting price comes down to Rs 4.99 lakh, ZS EV at Rs 13.99 lakh

The auto firm said that under the BaaS program, customers can now bring home the MG Comet EV at a starting price of of Rs 4.99 lakh + battery rental at Rs 2.5/km, and MG ZS EV starting at Rs 13.99 lakh + battery rental at Rs 4.5/km

The Drive Report: 2024 Hyundai Alcazar

Can a whole array of ADAS features and creature comforts turn the Alcazar into something more than a stretch-Creta?

Bajaj Auto launches Triumph's T4 and Speed 400, new motorcycles in 400cc category

The Bajaj Auto-Triumph partnership has launched new motorcycles in the 400cc category

Mahindra & Mahindra launches new LCV 'Veero' at starting price of Rs 7.99 lakh

Mahindra Veero also features a reverse parking camera, enhancing safety and convenience in tight spaces.

TVS Motor launches new TVS Apache RR 310 at starting price of Rs 2.75 lakh  

The motorcycle will be available in two variants and will offer three built to order (BTO) customisation options

JSW MG Motor India targets 'new-age' buyers with first luxury car by March

JSW MG will also be launching 'MG Select', a new sales outlet for its premium offerings, it said. ‘MG Select’ will offer a wide range of vehicles, primarily EVs, as well as hybrids, the company said.

CNG and Hybrids surge in India as EV adoption struggles: Report

CNG car sales surge 46%, hybrids 19%, while EVs lag with just 7% growth as automakers explore diverse fuel options amid evolving consumer demand and infrastructure challenges.

Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches

According to data issued by the industry body Society of Indian Automobile Manufacturers (SIAM), the total passenger vehicle dispatches in the domestic market stood at 3,52,921 units last month compared to 3,59,228 vehicles in August 2023, a dip of 1.8 per cent.

Honda’s two-wheeler arm targets up to 12% growth, despite EV onslaught from rivals

The demand for Honda Activa, which is currently available in 100cc and 125cc variants, is on an upswing, despite the availability of wider alternatives in the electric two-wheelers (E2W) market, says a company official. The Japanese two-wheeler manufacturer is looking to sell 5.4 million units during this financial year.

Yamaha launches R15M with carbon fibre graphics, enhanced features; price starts at Rs 1.98 lakh

The R15M with Carbon Fibre Pattern is Rs. 2,08,300 (Ex-showroom, Delhi) and can be purchased from any of the Yamaha Blue Square Showrooms across the country. While the price of the upgraded R15M in Metallic Grey is Rs. 1,98,300 (Ex-showroom, Delhi) and can be purchased at all Yamaha dealerships.

Ford Motor plans to restart manufacturing plant in Tamil Nadu

On September 12, chief minister MK Stalin, who was on a visit of the United States, met officials of Ford Motor to discuss the possibility of reopening the automaker’s plant in Chennai, amid reports of the American company exploring a return to the Indian market.

Mahindra & Tata Motors applaud PM e-drive scheme for boosting EV adoption

Mahindra & Mahindra and Tata Motors praised the PM e-drive scheme, approved with a budget of ₹14,335 crore, aiming to increase electric vehicle adoption. Mahindra's CEO anticipates India leading in 100% EV penetration by 2030.

Windsor will become our top seller, raising EV share in sales to over 50% by year-end: JSW MG Motor CEO Emeritus Rajeev Chaba

The company is offering the Windsor at Rs 9.99 lakh plus Rs 3.5/km for battery. It has also introduced an ownership plan through a Battery-as-a-Service (BaaS) offering and claimed that owning the Windsor, an electric CUV, will be at the price equivalent of a manual engine-based compact SUV.

GM, Hyundai Motor to explore joint vehicle development projects

Both companies have announced aggressive plans to ramp up electric vehicle production

Tata Motors, MG Motor offer free charging, battery rentals to lure EV buyers

Use of electric vehicles (EVs) has grown rapidly in recent years to account for 2% of India's annual sales of 4.2 million cars, but sales growth is now faltering, which analysts blame on high prices and lack of charging facilities

China directs its carmakers not to make auto-related investments in India

Beijing is strongly advising its automakers to ensure that advanced electric vehicle technology stays in the country

Intend to move away from conventional vehicles, focus on NEVs: JSW MG Motor Director Parth Jindal

The company, which on Wednesday launched its electric crossover utility vehicle 'MG Windsor' — the first launch after JSW Group invested in MG Motor India — has set a target to introduce a new car every four to six months and is eyeing over 50 percent of its total sales to come from electric vehicles in 2024.

Cabinet approves PM E-Drive scheme with Rs 10,900 crore outlay

The scheme will offer subsidies/demand incentives worth Rs 3,679 crore to incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs.

Ashok Leyland will continue to fund Switch Mobility, consider investors at right valuation later, says MD & CEO

It was earlier reported that Ashok Leyland will evaluate further investments in Switch Mobility, after a fund infusion of Rs 1,200 crore in the maker of electric buses in India and the UK, even as it remained open to external investments in the company.

JSW MG Motor unveils Windsor EV, launched at Rs 9.99 lakh

The Windsor EV is a crossover utility vehicle (CUV) positioned between the Comet EV and the ZS EV. It combines features of both a hatchback and an MPV, offering a versatile hybrid design.

FADA appoints CS Vigneshwar as the new president

Sai Giridhar will be the vice president, Amar Jatin Sheth secretary and Pradeep Agarwal the treasurer for the 2024-26 period

Tamil Nadu CM Stalin discusses India re-entry with Ford Motors

Ford Motors' Chennai plant remains shut after it the exited India in 2021. Stalin says the two sides are exploring the possibility of 'make in Tamil Nadu for the world'

Volkswagen's Skoda CEO sees opportunity to launch hybrid cars in India

Skoda already has four models in India, including SUVs and sedans, but this is the first time the carmaker is considering bringing hybrid cars to the nation

HMSI to enter EV space this fiscal, eyes a third of sales from the segment by 2030

The EV model is being developed jointly by HMSI and Honda teams. The company said the contribution of electric two-wheelers in overall two-wheeler sales was continuing to grow.

Tata Motors cuts prices of Tiago, Punch, Nexon EVs by up to Rs 3 lakh

The automobile firm has reduced the price of Tata Tiago by Rs 40,000, Tata Punch by up to Rs 1.2 lakh and Tata Nexon by up to Rs 3 lakh, according to reports.

Facelifted Alcazar to bring in a new set of customers, sell higher volumes in urban markets, says Hyundai Motor India COO

The company every month sells around 2,000-2,500 units of Alcazar, which was revamped at a starting price of Rs 14.99 lakh (ex-showroom), lower than Rs 16.78 lakh of the outgoing version (ex-showroom).

Indian auto industry could be worth $1.6 trillion by 2047, EVs driving that boom, says IN-SPACe's Pawan Goenka

In order to achieve that, the automotive sector would need to grow at an average nominal rate of 11 percent in topline revenue in dollar terms, according to Goenka.

Hyundai launches Alcazar facelift in India, prices start at Rs 14.99 lakh

The new Alcazar showcases a more muscular and modern exterior, with H-shaped DRLs, vertically-stacked headlights, and connected LED tail lamps. The overall design is reminiscent of other Hyundai SUVs like the Exter and Creta, offering a cohesive look.

Indian electric two wheeler-maker Ather Energy files for IPO, including Rs 3,100 crore fresh issue

Electric two-wheeler manufacturer Ather Energy has announced its plans to go public with an initial public offering (IPO).

EMPS to be extended beyond September for EVs, says Minister Kumaraswamy

The scheme is meant to provide a short-term support for the electric vehicle (EV) sector, after the expiry of the FAME II (Faster Adoption and Manufacturing of Electric Vehicles) scheme.

EV prices to match petrol, diesel vehicles in two years, says Nitin Gadkari

During his address, the minister also urged automobile companies to contribute to road safety initiatives through their corporate social responsibility (CSR) programs.