Page 50 - Auto

India's auto parts companies eye a bigger share of the export market

An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion - nearly a fivefold increase from $21 billion currently

JSW group to raise Rs 1,487 crore for setting up EV unit in Maharashtra

The automotive facility is expected to have a capacity to make 10,000 e-buses and 5,000 e-trucks per annum

Govt committed to EV infrastructure, local manufacturing: Ashwini Vaishnaw

Addressing the gathering, Vaishnaw said electric mobility remains a focus area for the government. The government is committed to developing the right infrastructure

Electric vehicle sales down 1.9% in February due to challenges: Fada

While all four categories of EVs registered double-digit M-o-M declines in sales, three-wheeler, commercial, and passenger vehicles saw single-digit Y-o-Y growth

Carmakers dangle deep discounts to lure buyers back into showrooms

Benefits in March range from Rs 35,000-4 lakh price cuts on various models

Ultraviolette Tesseract unveiled: Top features of 261 km-range e-scooter

Ultraviolette unveiled its first mass-market electric scooter, the Tesseract, with a price tag of Rs 1.45 lakh. Equipped with a 20.1 bhp motor, it offers an impressive 261 km range

This industrialist thinks Elon Musk will not succeed in India. Here's why

Industrialist backs domestic manufacturers, calls India a great platform for entrepreneurs

Tesla entering India with much fanfare but latter a challenging mkt for EVs

The potential impact on domestic EV manufacturers, government policies, and the broader market also remain subjects of speculation

Tesla signs 5-yr lease for Mumbai showroom, to start EV sales in 2025

The rent will increase by 5 per cent every year reaching about $542,000 for the fifth year, according to the registered lease document

Ultraviolette hits the gas, to come out with 10 new e 2-wheelers in 3 years

At present they can make 10,000 two-wheelers a year, easily scalable up to 30,000 units a year in three shifts

Ducati plans to introduce motocross bikes in Indian market in 2026

In an interaction with PTI, Ducati India Managing Director Bipul Chandra said the company will introduce new variants of Scambler, Multistrada, among other models

India key to Hyundai's 2 mn global EV sales target by 2030: CEO Jose Munoz

With Hyundai Motor Company's (HMC) target to sell 2 million EVs by 2030 globally, India will play an important role in achieving this milestone

Astranova Mobility targets $1 billion in sustainable transport assets

The future of sustainable mobility will involve multiple technologies, says commercial vehicles operator

Tata Motors begins India's first hydrogen truck trials for net-zero goal

Tata Motors was awarded the tender for this trial, which is funded by the Ministry of New and Renewable Energy under the National Green Hydrogen Mission

Two-wheeler sales see mixed ride in February; exports remain bright spot

Enfield, TVS see growth while Bajaj, Hero struggle

Tesla sales down in France, Scandinavia as Elon Musk faces test of brand

A total of 613 new Teslas were registered in Sweden last month, down 42% year-on-year, while registrations in Norway and Denmark each fell by 48% to 917 and 509 cars respectively

Nissan Motor India total sales up 44.76% at 8,567 units in February

In February 2025, domestic sales accounted for 2,328 units, down from 2,755 units in the same month last year

Luxury cars, electric vehicles hit fast lane in the South as demand rises

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

Kia, JSW MG Motor Feb sales up 23.8%, 16.3%, Tata Motors sees 8% dip

Tata Motors on Saturday reported an 8 per cent year-on-year decline in its domestic and international sales at 79,344 units in February

Ola Electric sells 25,000 units in February, retains 28% market share

The electric vehicle (EV) maker said this was backed by a strong S1 portfolio and a sales-and-service network of 4,000 stores across the country