Page 20 - Auto Industry

TVS Motor's distributor Ezz LCV launches new assembly line in Egypt

An assembly line to enhance local manufacturing capabilities was inaugurated by Ezz LCV, the authorisied distributor of TVS Motor Company in Giza, Egypt, the two wheeler manufacturer said. Established at an investment of about USD 6.5 million, the state-of-the-art facility would have a total production capacity of one lakh units per year, thereby expanding Ezz LCV's ability to meet growing market demand. According to a company statement, the new assembly line would assemble popular models of TVS Motor Company including TVS Apache RTR Series, TVS HLX Series and TVS XL 100. "By localising production, Ezz LCV aims to improve delivery times, support its extensive dealer network, and provide high-quality motorcycles tailored to Egyptian customer preferences," the statement said. The assembly line leverages TVS Motor Company's globally recognized engineering expertise while allowing Ezz LCV to strengthen its market position in the region. "Congratulations to Ezz LCV on the inauguration

Maruti Suzuki to offer short-term petrol, hybrid leases for EV customers

MSIL currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments

Sales boost for auto dealers as deal with Meta helps digitisation: Report

Consumers consider social media for decision to buy new vehicle and use messaging apps to communicate with auto dealers

Exicom TeleSystems sees a boost as major auto brands go for EV expansion

Electric vehicle charging solutions maker Exicom TeleSystems sees a boost to its business from the expansion in EV portfolios by major brands and uptake of the technology in overseas markets as well, a top official of the company said. While speaking at the Bharat Mobility International Expo, Exicom managing director Anant Nahata told PTI that the company is on expansion spree and expects its third EV charger manufacturing unit in Hyderabad to become operational within four months. He said that electric mobility has seen huge success in India, but in terms of cars, it is still between 3-4 per cent penetration. "As we have seen at the Bharat Mobility Show, all the big brands, whether it's Tata, Mahindra, Maruti Suzuki, or a host of foreign brands, have launched electric vehicles for India. We expect this penetration to rise much more rapidly in the next few years compared to the past. This growth creates significant opportunities for all the companies in the electric vehicle ecosyste

VinFast readies India drive for export hub, plans first stop in Tamil Nadu

Scouts for co-investors in charging firm V-Green in India

Lotus launches its all-electric Emeya sedan, starting at Rs 2.34 crore

The Lotus Emeya will be offered in three variants: Standard, S and R. Prices for the S and R variant are yet to be announced

First after IPO: Hyundai drives in eCreta SUV, bets on EV infrastructure

The company has lined up three more electric vehicles (EVs) after the Creta EV

Maruti Suzuki aims to become India's largest EV maker within a year

Company's new launch e-Vitara will be available with a range of more than 500 km

In 5 years, we want to cross 50,000 export mark: Ashok Leyland MD & CEO

Agarwal talks about the new product, alternate fuels plans, and export roadmap

New EV launches to boost consumer confidence, says TaMo's Chandra

Tata Motors is the leader in the electric car market with about a 62 per cent share

Are we entering an era of boring colours but exciting brand marques?

At one time, we used to photograph the cars in various colours to study how they reproduced; green and blue were a problem. Silver gray was difficult to shoot

Skoda Kylaq shines with 5-star safety rating & top child protection scores

The Skoda Kylaq scored 30.88/32 points in adult occupant protection and 45/49 points in child occupant protection in the Bharat New Car Assessment Program crash tests

Mahindra XEV 9e score full 5-star crash test rating by Bharat NCAP

The Mahindra XEV 9e has scored an impressive 5-star rating in the Bharat NCAP crash test while it has secured the highest points in Adult Occupant Protection so far

Lotus Emira makes a stunning debut in India with a Rs 3.22 crore price tag

The new Lotus Emira is the British automaker's only ICE model in India, on sale as a completely built unit. It's a lightweight mid-engine sports car joining the Electre electric SUV in India

Future of mobility belongs to India: PM Modi at Bharat Mobility Expo

Prime Minister Narendra Modi on Friday said future of mobility belongs to India that saw an unprecedented sale of 2.5 crore vehicles a year, and attracted USD 36 billion foreign direct investment in just four years. Addressing a gathering after inaugurating the Bharat Mobility Global Expo 2025 at Bharat Mandapam here, the prime minister also emphasised that India stands as an outstanding destination for every investor looking to shape one's future in the mobility sector. The five-day expo which is being held across three venues -- Bharat Mandapam and Yashobhoomi in the national capital and India Expo Center and Mart, Greater Noida -- is expected to witness over 100 new launches across automobiles, component products and technologies. India's largest auto expo, scheduled from January 17-22, will bring the entire value chain of the mobility ecosystem -- from automobile manufacturers to components, electronics parts, tyre and energy storage makers, and automotive software firms and ...

Will Bharat Mobility Expo 2025 rev up auto stocks? Analysts don't think so

Bharat Mobility Expo 2025, Auto Expo 2025: Analysts believe the automobile vehicle demand has been impacted by higher inflation and interest rates

All eyes on EV launches, Chinese 'presence' at expanded Auto Expo

Nearly 40 new products expected to be showcased or launched at the biennial event

Upgraded Hero Destini 125 scooter reveals variant prices & specs breakdown

The new Hero Destini 125 is offered in two major trim levels; the Cast Drum, which includes the VX variant, and the Cast Disc, offered in ZX and ZX+ variants

64% consumers may choose EV as their next vehicle in 2025: TCS study

Among the challenges, cost of vehicles, maintenance, charging time, charging infrastructure, and range were identified as key factors influencing consumer decisions when considering purchasing an EV

Jaguar Land Rover, Tata Comm partner to drive smarter connected cars

Through the Tata Communications MOVE platform, JLR aims to enhance its connected vehicle ecosystem, transforming the driving experience for customers worldwide