TVS 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
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