The scheme will now allow companies to import a limited number of electric cars at a lower import duty of 15 percent, if they commit to investing Rs 4,150 crore to manufacture electric passenger cars in India within three years from approval.
The German carmaker was earlier in contact with M&M for a joint venture partnership. However, the talks are now off, the newspaper said.
The government is likely to release detailed guidelines for the Centre’s Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) by February-end.
The Skoda Kylaq is the newest, smallest, and most affordable offering from Skoda. It comes in four variants: Classic. Signature. Signature+. Prestige. Here we explain the variants and give you a clearer picture of the key differences between the four variants of the Skoda Kylaq
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
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
Speaking at the global premiere of its first sub-four meter SUV, Kylaq, here, Skoda Auto CEO Klaus Zellmer also said India's domestic potential as the world's third-largest car market is huge and the introduction of a new model in the domestic market will help Skoda achieve its target of selling 10,000 cars annually by 2026
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
The Czech carmaker had conducted a naming contest to select the name
The automaker has already announced plans to introduce a sub-4 meter compact SUV in the country early next year
Zellmer stated that the brand continues to consider other models for the market including the fully electric Enyaq
While the company did not disclose the name and price points of the upcoming SUV, it hinted that the mode could be positioned as a micro-SUV and may take on Tata Punch and Hyundai Exter
Earlier this month. Skoda showcased the Enyaq iV at the 2024 Bharat Mobility Global Expo in New Delhi
The Enyaq iV SUV is the Volkswagen subsidiary’s first electric vehicle in India’s growing market.
The new 2024 Skoda Kodiaq’s generational update brings together new technology, new powertrains and new styling.
The company, which posted a whopping 125 per cent year-on-year surge in its vehicle sales at 53,721 units in 2022, also sounded hopeful of growing into double-digit this year as well.
The show, returning after three years having been hit by the COVID-19 pandemic, opened with the global premiere of Suzuki Motor Corporation's concept electric SUV 'eVX' which is slated to hit the market by 2025.
Automobile makers led by Maruti Suzuki, Hyundai and Tata Motors, along with Mahindra & Mahindra, Kia India and Honda Cars India on Tuesday reported strong sales of passenger vehicles in the domestic market riding on strong festive season demand.
Expensive set-up costs, an unfavourable venue location, little return on investment and lukewarm sales keep prominent auto companies away
The company, which manages the Indian region of five Volkswagen Group brands Skoda, Volkswagen, Audi, Porsche, and Lamborghini - has started shipments of left-hand-drive Kushaq to Arab Gulf Cooperation Council (AGCC) countries.
A daily round-up of the most interesting articles to help jump-start the day.
The Czech carmaker’s upcoming 7-seater EV will be the first to feature Skoda’s new logo and design language
Prices start at Rs 37.49 lakh and will be applicable for the January-March quarter of 2023, the Czech automaker said in a statement.
The company had dispatched 3,080 units to dealers in July 2021.