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Thierry Koskas (Image: Twitter @Thierry_Koskas) French automaker Citroen expects India to be its biggest growth driver outside Europe as it looks to have 30 per cent of its total sales coming from international markets outside the continent by 2025, ...

MG Motor India launches India’s cheapest EV

AgenciesMG Motor India Wednesday launched the country’s most affordable electric vehicle Comet EV with prices starting at Rs 7.98 lakh (ex-showroom). The car – which offers a range of 230 km on a single charge – comes in a four-seat ...

Daimler India reports 'strong' growth in revenue, sales in CY 2022

AgenciesDaimler India Commercial Vehicles (DICV) on Monday announced growth in its sales and revenue in 2022, selling over 29,000 units during the calendar year (CY). A company release said “despite supply chain headwinds and adverse cost environment, 2022 was one ...

'MG Motor India to focus on profitability, growing ops'

Reuters The interior of MG Motor’s eHS plug-in hybrid SUV MG Motor India will focus on profitability while also growing its operations, its top executive told ET at the unveiling of its two-door electric car, the MG Comet. Rajeev Chaba, ...

Volkswagen focussing on premium products in India following global strategy

ReutersWith nearly 45 per cent of passenger vehicles sold in India coming from models priced above Rs 10 lakh so far this year, German carmaker Volkswagen is focussing on premium products in the country following its global strategy, according to ...

Maruti Suzuki still has big hopes riding on small cars

The small-car story in India is likely to get a fresh lease of life with the government putting its weight behind lowering carbon emissions. The government has been encouraging local automakers to accelerate development of alternative powertrain strategies, ranging from ...

Maruti, Hyundai see drop in retail sale market share last fiscal: FADA

AgenciesPassenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers’ body FADA. Tata Motors, Mahindra & Mahindra and ...

Pulling power of diesel drops in SUV sales surge

AgenciesSales of sport utility vehicles may be growing faster than the automobile industry, but not those of the variants running on diesel, which has traditionally powered these so-called ‘fuel-guzzlers’. Though sales of SUVs increased 36% on year to more than ...

Hubject introduces V2G PKI for Asian regions

Hubject wants to accelerate the introduction of Plug&Charge in Asian markets. For this purpose, the company is introducing an additional V2G Public Key Infrastructure (PKI) for the Asian market. Hubject’s Plug&Charge solutions enable interoperability between any electric vehicle and ...

Bajaj Auto takes over Triumph's India sales and marketing operations

Two-wheeler manufacturer Bajaj Auto is set to take over all of Triumph Motorcycles’ sales and marketing operations in the country, according to a filing from the Indian manufacturer. First announced in 2020, the collaboration between the two manufacturers will see ...

HMSI recalls around 2K CB300R bike units

Honda Motorcycle & Scooter India on Friday said it is recalling around 2,000 CB300R bike units due to a manufacturing fault in the right crankcase cover of the engine. The voluntary recall covers the 2022 model of the CB300R. The ...

BYD to deliver 100 e6 for taxi service in New Delhi

BYD has announced a partnership with Evera, a New Delhi-based electric taxi service, to deliver a fleet of 100 e6 electric cars. The 100 BYD e6 units will be delivered to Evera over the next few months. “With BYD ...

Jeep India introduces Jeep Wave Exclusive alongside BS6 phase 2 compliant vehicles

Jeep has made its complete SUV lineup BS6 phase II emission-standard compliant, which went into effect on April 1, 2023. In India, the Compass, Meridian, Wrangler, and Grand Cherokee SUVs are available and in addition, Jeep has developed a “Jeep ...

Citroen begins exports from Kamarajar Port Ltd

TNNAutomaker Citroen has commenced export of its vehicles from Kamarajar Port Ltd in Tamil Nadu, the company said on Friday. Chairman of Kamarajar Port Ltd Sunil Paliwal, along with senior company officials, flagged off the first batch of vehicles at ...

Honda to unveil six 2-wheelers in FY24, including 2 electric models

ETAutoThe country’s second largest two-wheeler maker Honda Motorcycle & Scooter India (HMSI) will launch about half a dozen models in the upcoming financial year, including two electric vehicles, to expand volumes in the local market. Atsushi Ogata, President & CEO, ...

HMSI sets up dedicated unit for electric 2Ws in K'taka; to roll out 10L units per year by 2030

iStock Representative image Honda Motorcycle & Scooter India on Wednesday said it is setting up a separate unit at its Narsapura plant in Karnataka to roll out electric two-wheelers with the first two models expected to hit the market in ...

Gentari Signs MoU To Supply EVs To MoEVing And Gati In India

Clean energy solutions provider, Gentari, is expanding its Vehicle-as-a-Service (VaaS) offering in India through a MoU (memorandum of understanding) each with MoEVing Urban Technology Private Limited (MoEVing) and Gati KWE (Gati). In the first MoU, Gentari will provide MoEVing, ...

Zomato to integrate 50,000 electric scooters into fleet

The Indian food delivery service Zomato plans to integrate 50,000 electric two-wheelers into its fleet over the next two years. Sun Mobility is to provide its battery swap solutions for this purpose. Zomato is an online ordering and food ...

This is the 2023 Hyundai Verna, the Vios/City killer from Korea you’ve never heard of

A new car from South Korean automaker Hyundai has been launched in India. This is the Verna, a B-segment sedan that picks up the torch where the Accent left off, though it’ll still be badged as such in certain markets. ...

Tata Motors secures another Xpres order

Indian manufacturer Tata Motors has secured another fleet order for its electric cars. Cab company OHM E Logistics in Hyderabad has ordered 1,000 units of the Xpres-T EV compact electric car. In its statement, the company does not mention ...

Hero MotoCorp to hike prices by up to 2 pc from April

AgenciesHero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms. ...

Honda to launch new products every three/five years in India

Reuters Honda had already withdrawn its two hatchbacks and SUVs from the Indian market. Japanese car maker Honda will introduce one new product every year for the next three to five years to raise its market share in the Indian ...

BPCL to build charging stations along Indian highways

India’s government-owned oil and gas company Bharat Petroleum Corporation (BPCL) has announced the launch of 30 kW EV charging stations on six highways in Western India. Four of the highway sections included surround the city of Pune, covering the ...

India may discontinue FAME-II, replace with other EV incentive schemes

Due to the alleged abuse of subsidies by automakers and the announcements of other incentive schemes, India may discontinue FAME-II, one of its flagship incentive schemes for encouraging EV adoption, when it ends in March 2024. The Economic Times ...

An in-depth look at the state of India's EV charging infrastructure

India is currently witnessing a revolution in the automotive industry, with the increasing demand for electric vehicles (EVs) driven by rising fuel costs, environmental concerns, and the need for sustainable transportation. Official data suggests that sales of EVs in ...

Hyundai likely to buy GM factory in Maharashtra, India

Hyundai Motor Group announced on March 13 that it has signed a term sheet for the potential acquisition of Genral Motors (GM)’s plant in Maharashtra, India. The South Korean carmaker has just become the first OEM to install DC ...

Hyundai Motor India's first rollout from new plant likely to be electric SUV, in 2025

IANSHINDI Hyundai Motor Hyundai Motor India is likely to roll out the first car – an electrified version of its upcoming micro-SUV – from General Motor India’s Talegaon plant in the beginning of 2025. If the proposed acquisition of the ...

Hyundai inks pact to acquire GM India's Talegaon manufacturing facility

Hyundai Motor India on Monday said it has inked a term sheet to potentially acquire land, buildings and certain manufacturing equipment at General Motors India’s Talegaon-based manufacturing plant. The company has inked a “term sheet” for the potential acquisition of ...

Lamborghini eyes Tier I, Tier II cities for biz growth in India

Having established a presence across top cities in India, Italian automaker Automobili Lamborghini is now eyeing customers in smaller centres to generate additional volumes, according to a top company official. The super sports car maker is bullish on the country’s ...

Hero and Zero join forces on premium electric motorbikes

Indian scooter and motorcycle manufacturer Hero MotoCorp and California’s Zero Motorcycles have struck an agreement to combine their strengths to develop premium electric motorcycles and powertrains. Quite literally, going from Zero to Hero, the Californian specialists will lend their ...

Apple supplier to make EV chargers in India

Salcomp, the Finland-based mobile charger manufacturer, plans to expand its Indian manufacturing business not only for mobile phones but also for EVs and renewable-related electronics to capitalize on India’s roadmap to build a self-reliant electronics ecosystem. Sasikumar Gendham, managing ...

Olectra Greentech to deliver 550 electric buses to Telangana

Indian bus manufacturer Olectra Greentech has received an order to supply a total of 550 electric buses to the Telangana State Road Transport Corporation. The order covers 50 standard-floor 12-metre intercity electric buses and 500 low-floor 12-metre electric intracity ...

Hyundai partners with ITC to enhance rural reach

AgenciesHyundai Motor India Ltd on Tuesday said it has entered into a partnership with FMCG major ITC’s Agri Business Division to strengthen its brand presence in rural markets. Under the partnership, the automaker will promote its model line-up on ITC’s ...

Reliance and Tata reportedly to bid for solar module manufacturing incentives

India has closed the application window for its solar module manufacturing incentive scheme, and Reliance and Tata are reportedly bidding on the grants. However, Adani Group, engulfed in a fraud allegation, might not participate. Bloomberg quoted an unnamed source ...

India's Feb bike sales climb on wedding demand, easing chip shortages

PTI New Delhi: Bike Two of India’s top three listed bike makers beat domestic sales estimates in February as chip supply shortages eased, while passenger vehicle sales continued to grow on the back of demand for utility vehicles. Domestic two-wheeler ...

Hyundai Motor sales up 9 pc in Feb at 57,851 units

AgenciesHyundai Motor India on Wednesday said its wholesales increased by 9 per cent year-on-year to 57,851 units in February. The company had dispatched a total of 53,159 units to its dealers in the year-ago period. Last month, domestic sales stood ...

Fisker Ocean could launch in Europe this year

According to carmaker Fisker, its first model, the Fisker Ocean, is getting ready to hit the streets in over 20 countries before the end of the year. Homologation testing for Europe and the US is said to be completed ...

India's passenger vehicle sales to grow 9-10% in 2024: CRISIL

ANIIndia’s passenger vehicle sales are expected to grow about 9%-10% in the next fiscal, around 20% above pre-pandemic peak levels, owing to strong demand and easing chip shortages in the world’s fourth-largest car market, ratings agency Crisil said on Tuesday. ...

VECV expects up to 5 pc rise in vehicle prices with onset of stricter emission norms from April

Representative image VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, expects prices of its models to rise by up to 5 per cent with stricter emission norms coming into force from April this year ...

Tata reportedly to raise fund for debt reduction and EV business

As a leader in India’s emerging EV market, Tata Motors is reportedly looking to raise funds for the EV expansion as the carmaker is grappling with debt reduction in the automotive business. The Economic Times, quoting sources, reported that ...

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