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The company currently has 231 Experience Centres and 2,500 fast charging stations across the country.
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The vehicle, unveiled Thursday, has a target driving range of over 650 kilometers (404 miles) on a single refueling
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SUV models such as Mahindra Thar (3-door version) and XUV 7OO, Kia Seltos, Toyota Hyryder and Fortuner, Maruti Suzuki Grand Vitara and Jimny are seeing discounts up to few lakhs of rupees. Some SUVs such as Creta and Ertiga are bucking the trend.
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As per data provided by SIAM, the sales of minicars in the domestic market declined by 15.5 percent to 66,000 units during April-September 2024 period from 78,170 units in the same period last year.
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Industry players say that the jump in retail sales witnessed in the first 25 days of this festival season is attributed to factors including attractive discounts, tailor-made financing options, new models and rising incomes.
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Earlier, the company announced a campaign to voluntarily replace fuel pump in 90,468 old units
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As per S&P Mobility, new model launches have consistently proven to be pivotal in driving showroom traffic. Customers drawn to these new offerings are not discount seekers; rather, they are individuals willing to pay for novelty and exclusivity
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Hyundai's Q3 profit hit by warranty costs for Santa Fe SUVs; global car demand slowdown impacts Hyundai's sales
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As per the agreement, Atul Greentech Pvt Ltd, a subsidiary of Atul Auto, will source lithium-ion battery packs from EESL's manufacturing facility in Prantij, Gujarat, and source cells from the latter once EESL commences production at its manufacturing facility in Bangalore, Karnataka, AGPL said in a statement.
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The dual-fuel bike, which has a supplementary tank for petrol if caught between CNG filling stations, has caught the fancy of the eternally mileage-focused Indian rider
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Ola Electric responded to the CCPA notice and informed via a stock exchange filing that out of the 10,644 consumer complaints highlighted by the authority, 99.1 percent have already been resolved
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According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period
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The company expects its aftermarket business to continue to grow in double digits and better performance of its international business, which was also affected by non-availability of containers and high freight cost in the second quarter.
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VW and M&M are deepening their EV alliance, building on an earlier agreement to use components from the MEB platform. The expanded partnership will see the companies work closely to develop e-SUVs for India and beyond
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The Korean automaker is recalling the hydrogen-powered SUVs from the 2019 through 2024 model years
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Maruti Suzuki's annual production capacity is approximately 23.5 lakh units. The company has manufactured over 3.11 crore vehicles since its inception.
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According to the SIAM president, the rising fuel prices has more sensitivity in the commercial vehicle segment than on other segments such as cars, scooters and motorcycles
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SIAM president Shailesh Chandra noted that the flat sales of passenger vehicles in the first half of 2024-25 came as a 'slight surprise' for the automobile industry, but it is expecting a rebound in the second half due to the festival season.
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The National Consumer Helpline (NCH) has been getting complaints against Ola Electric for the last one year, which were escalated to higher levels at the company for redressal "but there was little interest shown in redressing these complaints", said a source
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The Indian arm of the South Korean carmaker will be making investments towards capacity expansion, product and platform development, new launches, etc.
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Hyundai Motor India Ltd's initial public offering (IPO), the largest in the country's history, will open for public subscription on October 15 and conclude on October 17
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The slump in China, the world's biggest car market, and the ongoing model revamp weighed on the overall result, with global sales falling by 7% to 226,026 units in January-September
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The vehicles covered in the recall were from model years 2022 to 2025 and include certain Acura Integras, Honda Civics, Honda CR-Vs and Honda HR-Vs.
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The German luxury car maker has six EVs comprising the EQA SUV, EQB SUV, EQE SUV, EQS SUV, EQS 580 sedan and Mercedes-Maybach EQS 680 SUV, and is on course to launch the EQG SUV early next year
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US carmaker Tesla is yet to make any firm commitment on setting up an EV-manufacturing facility in India. Other players such as Mercedes-Benz, BMW, Jaguar Land Rover, etc., which are selling ICEVs in the country, have also not leveraged on the government's revised policy.
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The company further said the September quarter delivered over 21 per cent more cars at 5,117 units, in comparison to the corresponding quarter of the last year.
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BYD also said that it is not ready to apply for benefits in the short term under India's new EV policy announced earlier this year which seeks to attract global manufacturers to the country.
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While the Premium variant is offered with a 55.4 kWh battery pack with a range of 420 km, the Superior trim gets a larger 71.8 kWh unit that offers a range of 530 km per charge as per New European Driving Cycle tests
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Ashok Leyland bagged a contract to supply 180 electric trucks to Group BillionE which would be operated in the Chennai-Bengaluru, Chennai-Vijayawada routes
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After the transaction, Nissan will pick up a 25% stake in ChargeScape, becoming an equal investor in the joint venture that is currently equally owned by BMW, Ford and Honda.
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FADA reported that sales for major brands like Mahindra, Swaraj, and John Deere increased year-on-year in September. However, on a month-on-month basis, sales saw a slight decline of nearly 3 percent from the 65,478 units sold in August.
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Retail sales for the first six months of the financial year were at 2,14,288 units, up 3 per cent year-on-year, Tata Motors said in a statement
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The BaaS model is expected to bring down the ex-showroom prices of its battery EVs by 25-30 percent, sources said.
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PV sales saw steep decline of 18.81% YoY while CV sales fell 10.45% YoY, 'reflecting subdued market conditions and weak government spending', says FADA
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Classic Legends manufactures premium motorcycles in the 300 cc to 650 cc categories.
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The investment is over and above the USD 600 million the company has earmarked for new product development and creating additional sales infrastructure in the country as it eyes trebling domestic sales to 1 lakh units and exports to a similar number by 2026
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This milestone highlights the growing demand for four-wheeler EVs in the Indian market and underscores the shift toward electric mobility, says JSW MG Motor India
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Mahindra & Mahindra announced its entry into the electric small commercial vehicle segment on Thursday with the launch of the ZEO electric four-wheeler. Targeted at last-mile mobility solutions, the ZEO is priced at ₹7.52 lakh (ex-showroom) and is part of the under 2-tonne vehicle category.
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The Commission's proposal can be implemented unless a qualified majority of 15 EU members, representing 65% of the EU population vote against it, in what is a very high hurdle.
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Cybertruck owners have had to deal with a series of recalls since the vehicle went on sale in November.
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The Indian arm of the Seoul-based firm plans to consolidate its position in the ICE Sports utility vehicle (SUV) segment and is looking to bring in models as per the market demand
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Calling the response 'unprecedented', M&M said it will inform customers about the tentative delivery schedules over next three weeks in a phased manner.
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The ultra-premium electric car will be powered with a 99.8 kWh lithium-ion battery pack
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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.
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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
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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
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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).
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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
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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
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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.
