Page 78 - Auto

EV sales to rise 66% this year after nearly doubling in 2023: Report

The rapid growth in sales comes at a time when EV growth in other key markets such as the United States and China are slowing

Telangana govt holds discussions with Tesla to set up electric car plant

Minister's comments came after BRS leader K T Rama Rao in a post tagged a news report suggesting that Tesla Motors will send a team to India to scout for locations for a proposed electric car plant

Govt asks Tesla to lay down investment plans for EV plant in India

Vietnamese automaker VinFast recently broke ground on an EV manufacturing facility in India's southern state of Tamil Nadu

Honda Cars India names Ryuto Shimzu as new director of marketing-sales

Honda Cars India on Thursday said it has appointed Ryuto Shimizu as the company's new Director (Marketing & Sales)

GM close to exiting India, Talegaon workers accept separation offer

General Motors India ended the labour standoff after the Bombay High Court dismissed two petitions by the employees' union

Tesla to scout locations for $2-3 billion electric car plant in India

The US EV firm had demanded tariff cuts, concessions as a prerequisite for investment

EV push to create more jobs despite disruption to traditional roles: Report

The report also says that Pune, India's auto hub, should take the lead in a smooth transition to electric vehicles for Maharashtra

Toyota Urban Cruiser Taisor launched in India: Check price, features & more

Urban Cruiser Taisor, which resembles Maruti's Fronx in some features, has prices starting at Rs 7.73 lakh

Tesla also losing market share in China as it disappoints globally

Tesla's sales and production are consistently backloaded in China, with the third month of each quarter the strongest for local shipments

BYD hands back top EV seller title to Tesla after Q1 sales decline

Tesla's decline comes amid softer overall demand and a slowdown in the Chinese market where local rivals led by BYD upped the ante in a price war for buyers

Bajaj Auto leads major 2W makers with highest domestic sales growth in FY24

TVS Motor's domestic sales jumped by 21.52 per cent Y-o-Y to 3.15 million units in FY24

Despite subsidy cuts, EV sales zoom 41% in FY24; penetration at 6.8%

The e2W category contributed around 60 per cent in the overall EV sales

AMO Mobility launches a new Jaunty i Pro high-speed electric scooter

Plans to manufacture 30,000 vehicles by FY25

'Wait for 7 months'; Buyers line up as Xiaomi launches new SU7 sedan EV

Boasting a range between 700-900 km on a single charge and undercutting popular EVs like Tesla and BYD in price has resulted in long queues of buyers for MI's SU7

New EV policy: No restrictions on imports from any country, including China

Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within 3 years

Green mobility: Nitin Gadkari vows to eliminate petrol, diesel vehicles

Union Minister Nitin Gadkari proposed GST cuts on hybrid vehicles to 5% and flex engines to 12% to phase out reliance on petrol/diesel vehicles and promote alternate biofuels

Setting the pace: Ola Electric sees momentum continuing after record March

Ola's CMO, Anshul Khandelwal, also pointed out that there have been fundamental changes in the buying patterns of customers - for instance, more women are now buying electric vehicles than earlier

Robust rural growth, strong demand for SUVs drive car sales in FY24

The SUV segment's market share in the total Indian PV market grew from 40.1 per cent in FY22 to 43 per cent in FY23, and further surged to 50.4 per cent in FY24

Electric vehicle industry continues to lose charge on localisation woes

Poses a hurdle as cells, which account for half the EV price, continue to be imported

Gadkari vows to eliminate petrol, diesel vehicles; tax cut for hybrid cars

Gadkari did not give any timeline to meet this ambitious target which even proponents of green energy believe is mind bogglingly difficult