Page 18 - Auto Industry

Three-wheeler exports rebound in 2024 despite global economic challenges

This positive trend comes after consecutive years of decline, with exports falling by 26 per cent in FY23 and 17 per cent in FY24

BYD Sealion 7 to debut at Bharat Mobility Global Expo, launch in March 2025

The new BYD Sealion 7 was unveiled last year in China, positioned as an affordable alternative to the Tesla Model Y. It boasts a 360-degree camera system, enhancing safety and driving convenience

Auto retail sales dip 12% in December despite a good show in CY 2024

Sales of two wheelers dipped by 18 per cent, passenger vehicles by 2 per cent and commercial vehicles (CV) by 5.2 per cent

Battery swapping currently unviable: Electric two-wheeler executives

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

Tata Punch tops 2024 sales charts; ends Maruti Suzuki's 40-year reign

Three of the top five best-selling cars in 2024 were SUVs.

Tata Motors, M&M to get incentives worth Rs 246 crore under PLI scheme

The budgetary allocation for this scheme is Rs 25,938 crore

Two-wheeler sales a mixed bag in December, stay on growth path in 2024

Manufacturers like Royal Enfield, Suzuki saw double-digit rise in sales last month

EV sales in India up 27% in 2024, miss 2 million mark by a whisker

In 2024, an average of 12.43 petrol, diesel, CNG, or hybrid vehicles were sold for every EV- an improvement from 15.67 in 2023 and 21.05 in 2022

Driving sustainability: Ride-hailing firms accelerate EV growth plans

As BluSmart strengthens its presence, other platforms in the ride-hailing and electric mobility segment are also putting their expansion plans in fast lane

Why is Tata Motors thirsting for competition despite losing EV market share

Chandra says when the market expands, one benefits from a wider portfolio, but when the market is not growing, products start cannibalising among themselves

Tata Motors' new EVs promise over 500 km range on a single charge

This has been made possible by declining global costs of battery cells for EVs

Osamu Suzuki: The man who put India's automobile industry in top gear

Osamu Suzuki was awarded Padma Bhushan in 2007 by the Indian government for his contribution in developing the country's economy through the automobile sector

Honda-Nissan's $6.4 bn merger: Big synergies, but is time on their side?

Honda has focused more on hybrids and unlike Nissan offers the models in the United States, where demand for the cars has surged

Truckmaker Daimler India's TN plant receives IGBC platinum certification

The manufacturing facility of German truck manufacturer Daimler in Tamil Nadu, has received the Indian Green Building Council (IGBC) platinum certification under the latest version 2 standards for sustainability, the company said. Daimler India, the subsidiary of Daimler AG, said out of the 31 factories, the state-of-the-art plant spread across 440 acres in neighbouring Oragadam has earned this recognition for its excellence in green manufacturing and sustainability. "The IGBC Platinum Certification is more than just an accolade, it represents DICV's unwavering commitment to sustainability and innovation. This achievement goes beyond setting a benchmark for green manufacturingit underscores our responsibility to make a lasting, positive impact on both the environment and our community," Daimler India Commercial Vehicles Managing Director and CEO Satyakam Arya said, in a company statement on Tuesday. The Oragadam factory serves as a model for sustainable industrial development, ...

Here's all you need to know about auto industry's journey for 2025

Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR. With India making its presence felt in the global automotive landscape, automakers are expected to showcase their new models with varied powertrain technologies across multiple price points, catering to different sets of customers at the expo as the adoption of environment-friendly cars is slated to gather pace in 2025. While electric .

Four OEMs express interest in manufacturing e-ambulances: MHI official

This initiative aims to bolster the country's medical sector, which currently operates approximately 50,000 ambulances

With new launches, expansions, every fifth scooter may be electric in FY26

E-scooters are projected to end FY25 with a penetration rate of 13-15 per cent

Bajaj Auto's Chetak 35-Series exports may start within six months

More variants of the e-scooter, targeting delivery executives, likely soon

myTVS enters B2B qcom for automotive parts; promises 2 hour delivery

With a catalogue of over 12 million parts, myTVS will initially establish 50 "dark stores" branded as myTVS Hypermart by March 2025 in Tamil Nadu, Kerala, Maharashtra, and Gujarat

EV launches in India to double in 2025, SUVs dominate new lineups

Industry leaders such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai, and MG Motors are gearing up to introduce a range of EVs in India