Page 133 - Auto

Two-wheeler electric vehicle sales may fall short of 1-million target

Still FY23 sales figure, so far, is up 146%; FY24 outlook is bright, say experts

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

Govts must speed up investments in EV charging infra: Volvo Cars

Some customers will hold back from buying EVs due to lack of such infra

Commercial vehicle industry volumes to see 7-10% growth in FY24: Icra

The volume growth would be on account of government infrastructure spending, replacement demand, back-to-school and office scenarios and e-commerce expansion, it noted

Piaggio Vehicles announces entry of Ape Electrik 3-wheeler in Philippines

The electric three-wheeler will be manufactured at PVPL's Baramati manufacturing facility in Maharashtra

Ford to build $3.5 bn EV battery plant in Michigan, employ 2,500 people

It will be built on a site that's being readied for industrial development near the junction of Interstates 94 and 69

Audi India to start making the Q3 range in India this calendar year

At present, the firm imports these cars as fully built-up units that attract 110% duty; local manufacturing would help reduce wait periods and boost sales

Domestic PV sales up 17.23% in January as consumer sentiment improves: SIAM

Two-wheelers ride the slow track with just 3.81% sales growth amid rural slowdown

Just two months into 2023, Lamborghini crosses its India sales target

Lamborghini has already received orders for 100 cars in India in less than two months

Hyundai aims to tap rising demand for aspirational models in rural areas

Hyundai Motor India is looking to tap growth opportunities in the rural areas with rise in demand for aspirational products like sports utility vehicles and feature-rich models

Ola rides down the value chain, accelerates into the mass market

Ola is also pushing the pedal in the premium electric scooter market ( Rs 1 lakh to Rs 1.5 lakh) where it has a 50 per cent share

A slow turn in EV sales as investor funding, state subsidies continue

Fewer than six out of every 100 vehicles sold in India are electric

Mahindra launches all electric racing 'Gen3 Formula E race car' in India

The Mahindra Formula E and the Mahindra Advanced Design Europe (M.A.D.E.) teams collaborated on the livery design of the Gen3 car

Ola Electric unveils 5 electric motorcycles, launch planned next year

Ola said the success of the S1 Pro and S1 have cemented its market leadership

World's fastest accelerating e-car unveiled at Hyderabad e-motor show

Battista, the world's fastest accelerating electric car, was unveiled at Hyderabad E-Motor Show here on Thursday

SUVs may rule but premium hatches, small cars drive volumes in India

While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities

Turning India into a green mobility hub

While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities

Hero MotoCorp Q3 net profit rises 3.6%, beats estimates on price hikes

Hero MotoCorp has hiked vehicle prices four times so far in the current fiscal year

Electric passenger vehicles retail sales decline by 10.51% in Jan

Electric passenger vehicles retail sales declined by 10.51 per cent sequentially to 3,346 units in January 2023 over 3,739 vehicles sold in December last year, according to automobiles body FADA

Auto sales up 14% in Jan, helped by festive season, rural demand: FADA

Automobile retail sales grew 14 per cent in January year-on -year as festivals, weddings and more money in the rural economy helped demand, said an industry association on Monday