Page 206 - Auto

Investments on e-mobility in India to depend on stable policy: Yamaha

Japanese two-wheeler major Yamaha is working on an all-new electric vehicle platform for India and other global markets but the company's investments on electric mobility in the country

India plant likely if Tesla succeeds in importing cars, says Elon Musk

The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world's biggest emerging car markets

Improving demand, peak capex to trigger linear growth in tyre industry

Improving demand along with stable competitive intensity, and peak capex is expected to trigger linear growth for the Indian Tyre industry

Want to, but import duties highest in world: Tesla CEO on India car launch

Tesla founder Elon Musk said on Saturday that his company wants to launch cars in India, however, the country's import duties on electric vehicles are 'highest in the world by far'

Tesla lobbies India for sharply lower import taxes on EVs: Report

Tesla Inc has written to Indian ministries seeking a big reduction in import duties on electric vehicles, a move it says will boost demand and generate revenue for the government, two sources said

Maruti Suzuki Nexa completes 6 yrs with cumulative sales of 1.4 mn units

Maruti Suzuki India (MSI) on Friday said its premium sales network Nexa has crossed 1.4 mn sales milestone in six years of coming into existence

Mercedes to be ready for car markets going electric-only with $47-bn push

The manufacturer plans to launch three new all-electric vehicle platforms in 2025 and set up eight additional battery factories with partners, it said in a strategy update

Hyundai Motor Q2 net profit soars, expects chip shortage to ease

Hyundai Motor Co turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin SUVs and its premium Genesis cars

Can the policy push to EVs give a booster shot to pandemic-hit bus makers?

The high acquisition cost may still be a dampener for the financially beleaguered STUs

Sterling Gtake E-mobility bags Rs 60 cr order from electric 2W maker

Sterling Gtake E-mobility, a manufacturer of motor control units for electric vehicles bagged an order worth Rs 60 crore from a leading electric two-wheeler maker

Tesla will open its Superchargers to other EVs this year: Elon Musk

Tesla CEO Elon Musk has confirmed that the company is opening up its Supercharger network to other EVs later this year

Maruti crosses 5 mn cumulative sales milestone in rural markets of India

The country's largest carmaker Maruti Suzuki India on Wednesday said it has crossed the 5 million cumulative sales milestone in rural markets of India

Ola's entry in e-two wheelers to shake up world's largest 2-wheeler market

Ola is expected to price its electric scooter in the range of Rs 85,000-Rs 1.1 lakh

Hero MotoCorp launches Glamour Xtec with price starting at Rs 78,900

The new Glamour Xtec is powered by a 125cc BS-VI engine.

Sonalika invests Rs 200 cr for new plant in Himachal to roll out harvesters

Tractor manufacturer Sonalika on Tuesday said it has invested Rs 200 crore to come up with a new manufacturing facility to produce harvesters at Amb in Himachal Pradesh

Automovill raises $500,000 in bridge round from Mumbai Angel Netwrok

With the latest fundraise, the startup has raised $1.2 million since its inception

Startup eBikeGo inducts 1,800 e-scooters; hires over 70 staff

eBikeGo has increased the number of vehicles in its fleet from 300 e-scooters to 2,100 during the pandemic

Mahindra recalls around 600 vehicles to fix diesel engine issues

Mahindra & Mahindra (M&M) on Monday said it is recalling around 600 vehicles manufactured at its Nashik plant to inspect and replace faulty diesel engines.

Hyundai Motor India receives over 11,000 bookings for Alcazar model

Hyundai Motor India on Monday said it has received over 11,000 bookings for its recently launched model Alcazar.

Verstappen crashes out of British GP after first lap battle with Hamilton

Formula One championship leader Max Verstappen crashed out of the British Grand Prix when a spirited first lap battle with Lewis Hamilton sent the Dutchman spinning hard into a barrier