Ford to build $3.5 bn EV battery plant in Michigan, employ 2,500 people
Ford Motor Co. plans to build a $3.5 billion electric vehicle battery plant about 100 miles (160 kilometers) west of Detroit that would employ about 2,500 people. The plant was revealed Monday at a...
View ArticlePiaggio Vehicles announces entry of Ape Electrik 3-wheeler in Philippines
Piaggio Vehicles Pvt Ltd (PVPL), the Indian subsidiary of Italian auto major Piaggio Group, on Tuesday announced the entry of its electric three-wheeler Ape Electrik in the Philippines for last-mile...
View ArticleCommercial vehicle industry volumes to see 7-10% growth in FY24: Icra
The commercial vehicle industry volume is expected to grow in the range of 7-10 per cent in the next financial year, rating agency Icra said on Tuesday. The volume growth would be on account of...
View ArticleGovts must speed up investments in EV charging infra: Volvo Cars
Some customers will hold back from buying EVs due to lack of such infra
View ArticleTVS Motor in talks with ADIA, Goldman, Carlyle for EV investment: Report
The $300 million to $350 million investment would value TVS at about $3 billion to $3.5 billion, likely making it India's most valuable EV two-wheeler manufacturer, ET said
View ArticleIndia a great use case for 2-wheeler EV market: Dassault Systemes
Suchit Jain said that battery development and battery management for EVs as well as safety consumption are areas that will play a crucial role in India
View ArticleVolkswagen to reconsider India amid China geopolitical uncertainty
The carmaker's earlier efforts to boost its presence in India have often been bruising experiences
View ArticleNissan Motor Co raises global EV target; to increase US localisation
Nissan now aims to have electrified vehicles - which include its advanced hybrid e-power cars - make up over 55% of global sales by fiscal 2030, from a previous goal of 50%
View ArticleMercedes-Benz, Cisco join hands to bring mobile office to new sedans
"This partnership will help people get work done safely, securely and comfortably in their vehicles," the companies were quoted as saying
View ArticlePassenger vehicle sales expected to grow 9-10% in 2024: Crisil Ratings
Higher incomes and a strong order book driven by pent-up demand, especially for SUVs, will support domestic growth even as exports remain sluggish helping vehicle sales touch a record of 5 mn units
View ArticleIndia's passenger vehicle sales to grow 9%-10% in 2024: Crisil Ratings
SUVs are expected to nearly double their share in overall domestic sales to roughly 55% in fiscal 2024 from about 28% in fiscal 2018
View ArticleDelhi's Feb EV sales dip 13% month-on-month to 4,838 units, hit six-mth low
Down 40% since all-time high of 8,154 units in October 2022
View ArticleOverall passenger vehicle dispatches cross 335,000 units in February
Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra,...
View ArticleIn the fast lane: At 335,269 units, car sales create a February record
At the retail level, too, the industry posted 9.6 per cent YoY growth
View ArticleJapanese auto major Honda to focus on premium products to grow India biz
Japanese auto major Honda plans to launch at least one new model every year in India with a focus on premium products as it looks to get its business on track in the country. The company, which on...
View ArticleMatter's electric bike to be priced between Rs 1.43 lakh and Rs 1.54 lakh
Ahmedabad-based Matter will be competing with players such as Ola Electric and Ultraviolette in the electric motorbike segment
View ArticleNearly 80% of targetted 1 mn e-two-wheelers sponsored under FAME so far
In the eleven months of FY23, some 649,000 E2Ws were sold at an average of 59,000 units a month. E2W made up more than 60% of the overall 1.04 million EVs sold so far
View ArticleRetail auto sales up 16% YoY in Feb but still lower than pre-Covid level
The change in onboard diagnostics and the wedding season were the key drivers of growth in the month
View ArticleIndia should aim for 100% electric two-, three-wheelers by 2028: Kant
Former Niti chief dwells on need for first-loss guarantees and blended finance to boost private capital flow; calls for installing 5 mn fast chargers, urges battery swapping and PLIs for localised mfg
View ArticleEVs to increase India's dependence on China for raw materials: GTRI report
Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw materials, mineral processing, and battery production, according to a report of by economic think tank...
View ArticleMaruti, Hyundai market share dips in Feb; Tata, Mahindra gain: FADA
Maruti Suzuki India and Hyundai Motor India saw a dip in their market share in February while Tata Motors, Mahindra and Kia India witnessed an year on year increase last month. As per the retail sales...
View ArticleHow electric scooters caught fancy of Tier 2, Tier 3 cities, shows data
54% of Ather Energy's sales come from Tier-II and Tier-III cities
View ArticleNissan to develop new powertrains, may cut cost of hybrid cars by 30%
By enhancing the common parts that underpin a vehicle, the Yokohama-based automaker expects to be able to lower the cost of its hybrid cars to the same level as gasoline-powered cars by 2026
View ArticleFocus to reduce delivery waiting period, says Mercedes-Benz India
Prices of all models to be hiked by 5% from April 1
View ArticlePassenger vehicle dispatches rise 11% to 291,928 units in Feb: Siam
PV exports decreased by 9.24 percent Y-O-Y to 46,486 units in February this year. Maruti Suzuki, largest exporter of PVs, saw its foreign sales decrease by 28.7 percent to 16,956 units
View ArticleHyundai Motor considers buying General Motors India's Talegaon plant assets
A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, certain machinery and equipment situated at the General Motors India's plant
View ArticleHyundai Motors joins the list of increasing plant acquisitions in India
ArcelorMittal Nippon Steel and JSW Steel are fighting it out for NMDC's steel plant, while Tata inches closer to the iPhone plant acquisition
View ArticleHonda rides into highly competitive mass segment with 100cc bike
Shine 100 may help HMSI close in on market leader Hero
View ArticleHyundai Verna 2023 to launch in India tomorrow. Here's what you can expect
The saloon has, which, been selling for the past three generations, is getting a major overhaul now in Hyundai Verna 2023
View ArticleRolls-Royce unveils Wraith Black Arrow: Full details of V12 coupe model
Strap: Rolls-Royce unveils the last edition of the wraith black model with a V12 engine and will develop only 12 units. Check new features here
View ArticleHonda to launch new car every year till 2028 in Indian market
Kunal Behl, VP, Honda Cars India said that there are also plans to re-launch an SUV in the first half of the next fiscal year to ride on the booming segment in the country
View ArticleFive firms make the PLI cut to manufacture hydrogen-powered vehicles
Ashok Leyland, Eicher, Pinnacle, Tata, and Booma get the nod
View ArticleMercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months
Mercedes-Benz is the market leader in the luxury car market of India with about 44 per cent share
View ArticleHyundai plans to launch Punch rival: Here is all you need to know
There were rumours that Hyundai was planning to bring its micro SUV Casper, to India, but recent sightings have confirmed that it is not the Hyundai Casper, but an entirely new vehicle
View Article570,000 Kias, Hyundais recalled due to fire risk. What to do if you own one
Vehicles should be parked away from homes even if they are turned off because they could experience an electrical short that could start a fire, US National Highway Traffic Safety Administration said
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