The proposed steep cut risks billions of rupees in penalties and threatens future investments in one of India's most critical manufacturing sectors
India's ultra-rich are embracing EVs, with the luxury electric segment growing 66% in 2025; Mercedes, BMW, Audi lead, aided by new launches and better charging infra
ICRA projects modest 3-5 per cent growth for CV sector in FY26 on infrastructure revival, with buses outpacing other segments at 8-10 per cent growth
The Vietnamese firm's $2 billion manufacturing plant in Tamil Nadu's Thoothukudi is expected to start production of EVs in the next two months to cater to the domestic Indian market
This growth is expected to be driven by resumption of construction and infrastructure activities and a steady economic environment, the ratings agency said in its latest report
Accenture LearnVantage and IIT Madras's CAAR launch training programme to equip OEMs and GCCs with talent for building software-defined vehicles across key systems
China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, giving it overwhelming leverage in this segment
Mahindra likens global flux to Samudra Manthan and urges Indian industry to embrace innovation, invest in manufacturing, and act swiftly to capture supply chain realignment
Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter
The new proposal made by the auto major goes against the consensus position submitted to the government in December 2024 after months of industry-wide consultation
Delhi Transport Commissioner Niharika Rai said any EOL vehicle detected at the fuel stations will be impounded on the spot
In case of private vehicles, the number plate's top half will be green and bottom half will be blue, while figures will be in white
EVs are taxed at 5% while hybrid vehicles attract an overall tax rate of 43%
India's automobile industry is currently facing a rare earth magnet shortage after China -- which supplies over 80 per cent of India's magnet imports
Tata Motors plans to reintroduce its Ace diesel mini-truck without SCR tech to reduce total cost of ownership, while expanding rural presence with Intra range
Union Minister H D Kumaraswamy launched a new portal inviting global electric vehicle manufacturers to invest and set up local units, aiming to make India as a global hub for EV manufacturing
Most first-time car buyers last year preferred new over used cars, citing mistrust in the used market. Many feel used car prices are inflated, sometimes matching or exceeding new car costs
Crisil sees revenue loss of 4-8 per cent for toll road operators due to new FASTag annual pass scheme; compensation from NHAI will be key to limiting credit impact
Company open to hybrids if market demands but thinks it is not a destination tech
Chennai-based Raptee.HV will begin delivery of India's first high-voltage EV motorcycle, the T30, featuring its own Linux-based OS and price parity with ICE rivals