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Medium and heavy truck sales between January and July this year have already surpassed volumes of the entire 2020 and is expected to close at almost double the sales volume compared to last year.
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From freight loaders to garbage disposal vans, going electric helps three-wheelers save on the running cost of the vehicles. Also unlike four-wheelers, three-wheelers offer easy options of replacing discharged batteries with charged ones, helping save on the time taken to charge.
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Mercedes-Benz globally is pursuing an aggressive EV strategy of 'EV first to EV only', and in India the high acceptance level of the EQC makes the company confident that, electric is the future, Mercedes-Benz India Managing Director and CEO Martin Schwenk said.
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The decision by Ford Motor Company to shutter plants in Sanand and Chennai comes after accumulated losses over 10 years and lack of growth. At least 4,000 employees to be affected by the move.
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Promoters hope to rake in Rs 1,000 crore to develop two-wheeler scooters and bikes. Launch planned for late 2022, with manufacturing units in Haryana and Madhya Pradesh
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The company is looking to acquire a component maker by March 2022 and is in discussions with a few potential targets
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The government’s original plan was to give about $8 billion to automakers and part manufacturers to promote mainly gasoline technology, with added benefits for electric vehicles (EVs).
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Terming semiconductor shortage as a "full-blown crisis", the industry body warned of a lacklustre festive season, especially for the passenger vehicle dealer fraternity, with low inventory levels and non-availability of the fast-moving model variants ahead of the peak festive period.
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The increase in sales in August has come despite the hike in vehicle prices across segments coupled with consistent rise in price of petrol and diesel
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Does Tesla need to worry? Merc’s line-up of electric concepts is already the highlight of the 2021 IAA Munich
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The company, which had last month launched the Ola S1 electric scooter in two variants -- S1 and S1 Pro -- at prices Rs 99,999 and Rs 1,29,999, respectively (ex-showroom including FAME II subsidy and excluding state subsidies), said it will start deliveries in October.
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Electric cars meant for personal use do not get any direct subsidy from the Centre. Only those buyers who wish to put electric cars to commercial use, such as running taxis, receive a central subsidy
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Automakers have been considering shifting to an order-based distribution system rather than keeping huge supplies on dealer lots. But no one knows whether such a system would prove more efficient.
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The EVCS are being developed under Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles (FAME) India Scheme Phase-II.
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These vehicles are said to be manufactured between May 4, 2018, to October 27, 2020. The replacement of the affected part shall start from the first week of November 2021.
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With the festive season here, it’s advantage Hyundai. Maruti, Mahindra and Tata Motors, which together control over 65% of India’s car market, have announced production cuts just when their dealers are preparing to build inventory
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‘No Production Days’ of around seven days will be observed at M&M’s automotive division plants, which is estimated to result in a drop in production volumes by 20-25 percent in September.
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Elon Musk had earlier said in comedian Joe Rogan's podcast that Roadster was a lower priority and compared it to a "dessert". "We gotta get the meat and potatoes and greens and stuff," he said.
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In the domestic market, the company sold 4,31,137 units last month, down 24 percent from 5,68,674 units in the same period last year, Hero MotoCorp said in a statement.
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Switch Mobility is an electric bus and light commercial vehicle company
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The company had posted a total sales of 2,87,398 units in the same month last year, TVS Motor Co said in a regulatory filing.
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On August 31, car market leader Maruti Suzuki, said that September volumes could be 40 percent of its normal monthly output
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Total domestic sales of eight carmakers in August grew 9.6 percent to 231,710 units compared to the same month last year, as per data declared by them
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The Hinduja Group’s flagship had sold 6,325 vehicles in both domestic and overseas markets in August 2020, according to a company statement.
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In 12 years and more than three million motorcycles later, the Classic has built a legacy of its own, and the new Classic 350 is all set to take this legacy ahead, the company, which is a part of Eicher Motors, noted.
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The company had recorded a wholesale of 810 units in the same month last August 2020, Nissan Motor India said in a statement.
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The company had sold 1,003 units in the same month last year, Skoda Auto India said in a statement.
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While Tata Motors is find it tough to ensure enough supply of the Nexon, growing demand for EVs has prompted it to add one more model – the Tigor EV. Volkswagen believes the EV market in India is still in its early days, and is concerned on the taxation front
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The top of the line X-Line would add more exclusivity to the Seltos badge, the automaker stated.
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Dependence on China will continue and it will take years to realise the government’s goal of having electric vehicles manufactured entirely in India, say executives.
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Its August output is expected to be lower than July due to the partial shutdown for some days announced at the Gujarat plant.
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The cost of steel and copper has more than doubled while precious metals have seen the highest jump in prices.
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The Tigor EV features a 7 inch Harman touchscreen entertainment system, automatic climate control, rear parking camera, front power outlet, rear defogger, cooled glovebox and electric boot unlocking
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It was not immediately clear which models or variants these were but multiple test cars of Tesla have been spotted regularly on Indian roads. Model 3 and Model Y have been seen testing in India since the past several weeks.
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Solar carports, which make electric vehicles 100% green by avoiding polluting sources of power, should be commercially viable and attractive for private investors, the company's CEO says
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The Delhi-based carmaker had hiked prices in April and July this year.
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Toyoda said the accident showed the difficulty for the self-driving vehicle to operate in the special circumstances of the village during the Paralympics with people there who are visually impaired or have other disabilities.
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The PV division is being hived off into a separate entity for allowing the company to sell stake in it to a strategic partner.
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Tata Technologies, the product development IT services subsidiary of Tata Motors, has its best-ever order book, a strong balance sheet and is gearing up for ‘outstanding’ 3-5 years for the company and the industry, its chief executive told Moneycontrol
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Speaking at the 61st Annual Session of Automotive Component Manufacturers Association of India (ACMA), Ashwani Gupta encouraged Indian firms to adopt digitalisation in a variety of areas, including businesses, processes and consumer experience to transform the industry by letting individual innovations become 'disruptions'.
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Bhargava, in his capacity as non-executive chairman, non-independent director of Maruti Suzuki, does not draw any salary, perquisites and performance linked bonus.
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Speaking at the Automotive Component Manufacturers Association of India (ACMA) annual session, Kenichi Ayukawa, who is also the Managing Director and CEO of Maruti Suzuki India, said the demand for the technology-based equipment has increased manifold in various sectors alongside the automotive segment.
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EV disruption is led by start-ups and they could capture a significant market of the EV space, said CEO of Niti Aayog.
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Maruti Chairman RC Bhargava says green mobility will not take off unless question of affordability is addressed. TVS Motor Chairman Venu Srinivasan says two-wheelers being taxed at the same level as luxury cars. Industry asks govt to reconsider higher taxation.
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Tesla’s recent ‘Autopilot’ related incidents—Elon Musk has himself admitted to problems—have brought into question the feasibility of fully self-driven cars.
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The company is counting on allocation of semiconductors from its German parent to operate the plant near Pune 24x7 by November
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The i20 N Line does not have any competition, as it is a separate line of model branding and is not just a variant of a regular model
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Inadequate charging facilities have been a major roadblock for adoption of electric vehicles, and Maruti is going for hybrid cars until the infrastructure improves
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Despite the worsening semiconductor shortage situation, which is likely to continue for at least another six months, the company expects its sales this year to grow by up to 100 per cent over last year.
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The company fell short of the 75 percent votes required to re-appoint Lal as the MD of the company as well as approve his remuneration
