Page 27 - Auto

Musk & Mumbai debut: EV maker Tesla to open first India store on July 15

Tesla will compete with its Chinese rival BYD, as well as domestic major Tata Motors in the Indian market

VinFast partners with BatX Energies for electric vehicle battery recycling

The deal marks a major step towards building a localised and sustainable battery value chain for VinFast's India operations, including its upcoming Thoothukudi factory and after-sales services

UK company AEM set to bring rare-earth-free technology to India

The firm has partnered with Sterling Tools Limited's EV arm, Sterling Gtake Electro Mobility (SGEM), to localise production and assembly of its traction motors at SGEM's Faridabad facility

Tesla likely to begin its first car deliveries in India from August

Deliveries are expected to start from late August, a separate person familiar with the development said. Customers will be able to configure and order their Tesla EVs from next week

Govt launches PM E-Drive scheme with up to ₹9.6 lakh for electric trucks

Industries including ports, logistics, cement and steel will be the key beneficiaries of the scheme, which envisages support of up to 5,600 electric trucks

Mercedes-Benz India's Q1 sales reach record high on luxury EV demand

Sales of top-end models, like the S-Class and the Mercedes-Maybach portfolio, rose 20per cent between April and June, while EV sales jumped than two-fold to form 8% of Mercedes-Benz India's sale

Used-car sales to expand 8-10% in FY26, outpace new vehicles: Crisil

The used-to-new car sales ratio has increased to 1.4 from less than 1 five years ago. The market value of these used cars is estimated to be around Rs 4 trillion, nearly matching that of new car sales

Tesla to open first India store in Mumbai on July 15, with more to follow

US electric automaker Tesla's Mumbai showroom will mark its India entry, with Delhi and other cities expected to follow as part of its expansion plan

Net-zero emissions: Auto industry lobbies to extend 'ICE age' till 2055

The industry has conveyed to the BEE that it continues to rely heavily on ICE vehicles

Mahindra, Uno Minda eye making rare earth magnets in India as China curbs bite

Mahindra and Uno Minda are exploring rare earth magnet manufacturing in India as the government considers incentives and stockpiling amid Chinese export curbs

Premium motorcycles may account for 22% of total market by 2030: Crisil

Market share of premium motorcycles, engine capacity greater than 150 cc, increased to 19 per cent last fiscal from 14 per cent in fiscal 2019

No immediate production impact due to rare-earth crunch: JSW MG Motor

Company says parts pipeline remains steady for now as orders placed in April are arriving; rare-earth supply disruption remains under close watch for future impact

Tata AutoComp, Skoda form joint venture to enter rail components business

New co to make rolling stock parts via multi-million euro investment in India

India's lithium-ion battery demand to reach 115 GWh by 2030: ICEA

EVs to drive India's lithium-ion battery demand to 115 GWh by 2030, ICEA report says, warning of $5 bn import exposure and underutilised recycling capacity

India's electric vehicle sales surged in June; slow start for e2Ws: Fada

India's EV market continued to expand in June 2025, with a notable rise in passenger vehicle sales. However, the two-wheeler segment saw a dip in H1 performance due to a weak start to the year

Hyundai Motor India and IIT-M team up to fuel H2 technology dreams

Hyundai Motor India has teamed up with IIT Madras and Guidance Tamil Nadu to launch the Hyundai HTWO Innovation Centre, aimed at advancing green hydrogen technology and India's clean energy future

Rare-earth magnet crisis a wake-up call for auto parts makers: Acma

ACMA highlights the vulnerability in India's auto component supply chain following China's rare earth magnet curbs, urging rapid localisation to mitigate risks

Tata Motors' global wholesales fall 9% in Q1, led by JLR and PV segments

Tata Motors Group's global wholesales fell 9% YoY in Q1 FY26, reaching 2,99,664 units, with declines in both commercial and passenger vehicles, including Jaguar Land Rover (JLR).

Uttar Pradesh plans ₹700 cr EV park near freight corridor in Kanpur

The project will be developed under a public-private partnership (PPP) model, and will span 500 acres

EV sales rise 28.6% in June; electric PVs, CVs lead growth: Fada

Fada data shows electric car sales nearly doubled in June 2025, two-wheelers grew 32%, and commercial EVs more than doubled