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Honda Cars India announced on Wednesday that it sold 8,188 cars in India last month. Last month, the manufacturer of City and Amaze shipped 1,997 units.
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Domestic sales stood at 42,293 units last month. It was at 25,001 units in May 2021. Exports stood at 8,970 units last month, while the same was at 5,702 units in the year-ago period.
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The company had dispatched just 707 units to dealerships in May last year amid the second wave of the COVID-19 pandemic.
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Svitch MotoCorp, an EV manufacturer based in Ahmedabad, announced on Tuesday that it planned to invest Rs 100 crore in the CSR 762 electric bike project, which is slated to hit the market this calendar year.
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NITI Aayog has asked for BIS to issue standards for EV batteries, and these are also to be included in the battery swapping policy
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The patents filed entail a diverse range of innovations and developments in traditional and new energy powertrain technologies, safety, connected vehicle technologies, body in white (BIW) and trims along with other vehicle systems, Tata Motors said in a statement.
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The company, which launched its all-electric sedan i4 in India at an introductory price of Rs 69.9 lakh, is confident that with the "widest electric vehicle portfolio” it will lead the charge in electromobility” in India.
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The company, which had in November last year announced plans to launch three electric vehicles in six months in India as part of its electric mobility journey, has already launched its technology flagship all-electric SUV iX and all-electric MINI luxury hatchback.
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The company, which manufactures Bharat Benz trucks and buses, also said it has set a target of 100 per cent paper-free organisation by the end of 2023.
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CNG vehicle sales continued to grow in FY22, rising by 55 per cent to 2,65,383 units in FY22 compared to 1,71,288 units in FY21, as per NRI’s report titled 'Path to clean mobility: Increasing penetration of NGVs in India’.
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The funding will help the company launch e-scooter Muvi and trike Velocipado next year, the company said in a statement.
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"Olectra Greentech Ltd (OLECTRA) has bagged the biggest ever order in its history for 2,100 electric buses from BEST," a company statement said.
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Anish Shah said Mahindra had over time focussed on developing EV components in-house, but now changed tack to forge partnerships to achieve faster growth in the segment.
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Sona BLW, which produces drivetrain components such motors and gears, will invest about $130 million over the next three years towards its electrification push, Sunjay Kapur said in a recent interview.
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The company said it took the decision after a third-party supplier informed Harley about a regulatory compliance matter relating to the supplier's component part.
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Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that should be parked outdoors because the engines can catch fire.
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The new facility, which would come at a 800-acre site at IMT Kharkhoda in Sonipat district, will entail total investment of Rs 11,000 crore in the first phase with a production capacity of 2.5 lakh units per annum.
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The Tata Harrier is one of the most popular SUVs in the Tata Motors line-up and as such has a waiting period of over 10 weeks. With the launch of the new XZS variant, the company hopes to push sales of the SUV as well as reduce the waiting time down to just 30 days
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The Volvo XC40 Recharge pure electric combines high performance with sustainability to deliver an unparalleled driving experience.
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"Suzuki Motor Corporation is in discussions with Dorna regarding the possibility of ending its participation in MotoGP at the end of 2022," Suzuki said in a statement.
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The company also said it is looking to venture into e-mobile vehicle charging stations business and is negotiating with some companies.
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The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle types, including battery EVs, plug-in hybrids and other hybrid models, Vikram Gulati, executive vice president at Toyota Kirloskar Motor said.
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Total passenger vehicle domestic wholesales stood at 2,51,581 units last month as compared to 2,61,633 units in April 2021.
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A CNBC-TV18 investigation has revealed that some EV companies are likely to have submitted higher quality cells with different specifications for testing purposes but may be actually using lower grade cells in the products for sale.
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The demand is likely to be driven by segments such as replacement, commercial and passenger vehicles (CVs and PVs), along with exports, the credit ratings agency said, adding that credit profiles of tyre makers are expected to remain "stable".
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The recall covers all Tesla models made in 2021 and 2022 and the electric-vehicle maker will provide an over-the-air software update to resolve the issue, according to the National Highway Traffic Safety Administration (NHTSA).
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The initiative will improve business for B2B customers by increasing the uptime of customer e-Bikes and providing quick and efficient service support to fleets deployed in last-mile delivery, Hero Electric said in a statement.
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The company also said it is looking to tap into battery swapping and replacement markets apart from large Energy Storage System (ESS) applications in the domestic market.
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The US carmaker plans to churn out 2,600 electric cars from the Shanghai plant per day from then, the memo showed.
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The City e:HEV is the first car in the mainstream segment equipped with strong hybrid electric technology, the automaker said in a statement.
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Addressing an event, Nitin Gadkari said days are not very far when the prices of all electric vehicles will be less than the cost of petrol vehicles in the country.
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The automaker had dispatched 16,111 units to dealers in April 2021.
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The company had posted a total sales of 2,38,983 units in the same month last year, TVS Motor Company said in a statement.
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Herbert Diess added that Porsche's preparations to enter the highest class of international motor racing were a little more concrete.
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The company had reported sales of 53,298 units in the same month last year.
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Founded in 1963 in Asolo, Italy, Alpinestars is now a world-leading manufacturer of professional racing products, motorcycling airbag protection, high-performance apparel, gear and technical footwear.
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The NTORQ 125 XT comes with a SmartXonnect connectivity platform and around 60 other features, making it the most tech-advanced scooter on sale in the country, TVS Motor Company said in a statement.
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The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing.
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The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement.
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The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month against 18,285 in April last year, the auto major said in a statement.
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CATL, whose clients include Tesla, Volkswagen and BMW, booked a net profit of 1.49 billion yuan ($226.69 million), a filing on the Shenzhen Stock Exchange showed.
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The automotive industry is still struggling with international chip shortage leading to loss of production.
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"This hike is necessitated to partially offset the increase in input costs. The overall price increase has been tapered down considering the impact on our valued customers,” a TKM spokesperson said in a statement.
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The model, to be launched in the second half of the year during the festive season, will mark the beginning of the company’s battery electric vehicle expansion plans in the country.
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Speaking about the recent EV fires, Nitin Gadkari said, "We are making standards and regulations to prevent such EV fires."
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Less than two years after billionaire Lawrence Stroll drove to the rescue of James Bond's car brand of choice, Aston Martin has undergone a manufacturing makeover to lift margins and help it become more like rival Ferrari.
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Under the tie-up, One Moto India customers will be able to avail an add on cover-depreciation waiver that enables them full claim without deduction, to their motor policies issued by the brand.
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The locomotives will be manufactured at the company’s facility in Jhansi, Uttar Pradesh.
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The deliveries comprised 70 units of Nexon SUVs and 31 Tigor sedans at an event held through Srilakshmi Auto Enterprises in Chennai.
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The company is one of the empanelled original equipment manufacturers under the RAAHI (Rejuvenation of Autorickshaw in Amritsar through Holistic Intervention) project.
