Page 132 - Auto

EVs to increase India's dependence on China for raw materials: GTRI report

The report pointed out that EVs have implications on jobs and pollution and it identified 13 issues related to interests of consumers, industry, and the government for an evaluation

Retail 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

India 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

Nearly 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

Matter'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

Japanese auto major Honda to focus on premium products to grow India biz

The company is also planning to bring in imported models to the country as part of its strategy to focus on premium products in the country

Persistent chip, logistics woes frustrate car delivery timelines

Open order books in Feb breach 700K; wait period for some models exceed a year

In 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

Overall passenger vehicle dispatches cross 335,000 units in February

The overall passenger vehicle dispatches crossed 335,000 units in February as automakers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales

India'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

Ola, TVS, Ather account for 60% 2-wheeler EV registrations in 2023

Registrations in February slowed compared to the previous months, partly because of the FAME-II subsidy issue and also because there were fewer days in the month

Delhi'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

Passenger 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

Mercedes-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

Nissan 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%

Low penetration of electric cars in India? Hybrids may be the answer

In India, it's the hybrid market that Maruti Suzuki is understandably targeting

Non-white car sales see marginal rise, but white still top choice in India

Car sales black, grey, blue, red, green, and gold rose by a few percentage points in 2022

Maruti Suzuki's rural market sales racing to reach the urban mark

Maruti Suzuki says proudly that they have helped to sell at least one car in 4.18 lakh villages

Volkswagen to reconsider India amid China geopolitical uncertainty

The carmaker's earlier efforts to boost its presence in India have often been bruising experiences

India 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