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As per industry analysts, the Indian electric city bus market is expected to grow at a CAGR of 21 percent by 2030 with an EV penetration of 70 percent.
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TKM has sold a total of 17,900 units of the Camry since it was launched in India in 2002 as a fully imported unit with a petrol engine and later in 2013, the hybrid version was introduced
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Tesla, which had paused its search for a showroom in India in recent months, is now in early-stage talks with DLF to help secure space in the capital region
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Billionaire founder Lei Jun unveiled the YU7, a sport utility vehicle similar to Tesla’s Model Y, in a Weibo post
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As per industry watchers, sales of four-wheelers in urban areas in the first half of the fiscal fell by nearly 3 percent over the previous year, while rural sales grew by almost 5 percent
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MG Select will feature experience centers across 12 cities, focusing on sustainable and technologically advanced mobility solutions while drawing on the brand's legacy.
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The price hike is being undertaken to partially offset the rise in input costs and inflation, the Mumbai-based auto major said in a statement.
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The price hike, effective from January 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs, the automaker said in a statement.
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While some carmakers like Maruti Suzuki have stated that price adjustments will vary depending on the model, others like Hyundai, M&M, BMW are echoing similar strategies to maintain profitability
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BYD has been on an extraordinary expansion this year, growing capacity and undertaking a massive hiring spree to turbocharge revenue, which overtook EV leader Tesla in the third quarter
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HMIL's charging network is 'actively investing' in the EV infrastructure to support the projected growth for electric vehicles. The car maker has also signed an MoU with Tamil Nadu for 100 EV charging stations across the state by 2027.
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Rural demand, however, gave a boost to two wheelers and tractor sales
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Elcina Secretary General Rajoo Goel told PTI that unlike finished products where the factory output can go up to 16 times the investment, an electronic components factory can at the most generate an output of three times the invested capital.
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Receiving the Outstanding Company of the Year award at CNBC-TV18 India Business Leader Awards 2024, Bajaj quoted December VAHAN registration data and said Chetak is now the largest selling electric scooter in the country.
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As per the partnership with GIVI, custom-designed frames and mounts would be developed specifically for TVS two-wheelers, providing riders with a seamless, innovative luggage solution that enhances practicality and riding
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The deliveries of these 12-meter e-buses are to be completed in different lots by the second quarter of FY26, PMI Electro Mobility said in a statement
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The price increase is a result of continuously rising input costs and other external factors, the automaker said in a statement
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The adjustment is in response to the rising costs due to inflation and increased commodity prices, Mahindra & Mahindra (M&M) said in a statement
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The carmaker added it continues to “minimize the impact” on the customers. However, “some portion of the increased cost may need to be passed on to the market”, the company said
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Takuya Tsumura was speaking on the sidelines of third-generation Amaze launch by HCIL. While the first generation of Amaze was introduced in 2013 followed by its next edition in 2018. HCIL sold 5.8 lakh units of the Amaze so far in the country.
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The VIDA V2 comes with IP-67-rated advanced removable battery technology and is available in three configurations: 3.94 kWh (V2 Pro), 3.44 kWh (V2 Plus), and 2.2
kWh (V2 Lite).
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The third generation Amaze will be taking on the Hyundai Aura, Tata Tigor and the recently-launched Maruti Suzuki Dzire in the segment.
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Jaguar last night unveiled its new concept car, the Type 00, at Miami Art Week, with examples in pink and blue. It’s characterized by flush surfaces, a long hood, a glassless rear tailgate and taillights that span the width of its body.
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Automakers across the spectrum are rolling out cars to cater to every segment starting from a subcompact Sports Utility Vehicle (SUV) at Rs 6 lakh to a high-end sedan priced at Rs 55 lakh.
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Earlier this year, Skoda Auto Chairman of the Board of Management Klaus Zellmer stated that the company is looking to collaborate with an Indian partner in order to grow its presence in the country.
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With focus in Tier-II and Tier-III locations, Skoda plans to enhance the overall sales and service infrastructure to around 350 touchpoints by the middle of the next year from 260 such outlets currently
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The auto major had dispatched 70,576 units to dealers in November 2023.
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The company introduced the first service of its kind in Asia.
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The group, through its joint venture company JSW MG Motor India, entered the electric vehicle space earlier this year and currently relies on the Chinese company for technology.
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As per industry watchers, two-wheeler sales are usually weak in November as the festive season concludes by then
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The company said that the MG Cyberster offers lightning-fast acceleration and precise handling—an unmatched experience for those who crave power and control
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Industry players reckon that the yearly growth in the domestic PV market was largely on the back of wedding season demand, continued rural traction and strong offtake of SUVs
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Total domestic sales were up 1 per cent at 73,246 units last month as against 72,647 units in November 2023, Tata Motors said in a statement.
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The automaker had dispatched 65,801 units to its dealers in November last year, the automaker said in a statement
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Total two-wheeler sales were up 12 per cent at 3,92,473 units last month as against 3,52,103 units in November 2023, the company said in a statement.
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The automaker had sold 17,818 units in November last year.
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However, it is impacting business of Pierer Mobility AG/KTM AG that is run out of Austria, including exports from Austria, India and China to its key markets in the US and Europe.
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The company's electric crossover utility vehicle Windsor continues with its strong performance for the second month in a row with 3,144 wholesale units, JSW MG Motor India said in a statement.
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The price correction is driven by rising overall input costs and inflation pressures, the company said.
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The group is understood to have been slapped a show cause by authorities for alleged customs duty fraud to the tune of around Rs 11,000 crore
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Auto analysts believe Mahindra’s new e-SUVs could offer competitive pricing, potentially narrowing the gap between the two automakers. However, views remain divided on whether Mahindra can achieve the necessary volumes to threaten Tata Motors’ market leadership.
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Different shipment consignments were used to evade detection and "willfully evade payment" of higher taxes, the Indian investigation found
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India’s EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the U.S. automaker backed off from those plans earlier this year.
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Tata Motors is leading the EV race, but with M&M upping its game and Maruti revving up efforts, the competition is turbocharged, says Nirav Karkera of Fisdom Research.
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Mahindra has denied a news report that claimed eight car companies could face penalties over 'higher than mandated' fleet emission levels for FY23.
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The German carmaker, which on Thursday introduced a new version of its flagship SUV Q7, expects its sales to grow by 8-10 percent next calendar year, recovering from supply chain challenges it faced in the first two quarters of this calendar year.
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Centre has found out that eight carmakers including Hyundai, Kia, Mahindra, and Honda have higher than mandated fleet emission levels in FY23, which could result in penalties of around Rs 7,300 crore, as per The Indian Express.
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Bookings for the latest electric scooters will begin from January 1, and deliveries will start from February, HMSI said. The price of the electric scooters have not been revealed yet.
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Both products are part of the all-new Born Electric range, and based on the 'INGLO' Architecture. Mahindra said the new platform creates better interior space and has a flat floor for passengers.
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Deliveries of the Ola Gig and Ola S1 Z series will begin starting April 2025, and May 2025, respectively
