Page 24 - Auto Industry

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

Skoda Auto India announces vehicle price hike by up to 3% from Jan 1

Skoda Auto India on Tuesday announced a price hike of up to 3 per cent across its range of cars, effective January 1. This adjustment is necessitated by rising input and operational costs, ensuring the company continues to deliver premium vehicles and services to its customers, Skoda Auto India said in a statement. The company is a subsidiary of European carmaker Skoda Auto. The price increase will apply to the company's entire portfolio, including the Kushaq, Slavia, Superb, and Kodiaq. "The recently launched Kylaq will remain unaffected by this adjustment until it reaches the milestone of 33,333 bookings, which are fast-filling," the company said.

Two leading auto industry bodies send SOS to govt on steel imports

Steel inventory levels low in certain cases, could impact production: ACMA

Passenger vehicle discounts peak at Rs 3.7 lakh amid muted demand

Automakers have announced a price hike for January 2025, which typically should pre-pone the buying decisions of consumers

How Mercedes-Benz retains its crown in India's luxury car segment

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes-Benz leading the way

Maruti Suzuki to increase service network to 8K touchpoints by 2030-31

Car market leader Maruti Suzuki India on Wednesday said it plans to increase its overall service network to 8,000 touchpoints by 2030-31, with an aim to reach closer to its customers. The company, which on Wednesday opened the 500th service touchpoint for its premium retail outlet NEXA, currently has 5,240 touchpoints across NEXA as well as ARENA -- the mass market retail chain. "Our aim is to consistently deliver convenience and superior car ownership experience to our customers. One way is by reaching closer to our customers so that they have assurance of finding a Maruti Suzuki service touchpoint nearby," Maruti Suzuki India MD & CEO, Hisashi Takeuchi said in a statement. He further said, "Going forward as we plan to substantially increase our annual production and sales, we will simultaneously strengthen our service network. Our plan is to expand our service network, including ARENA and NEXA service touchpoints, from about 5,240 to 8,000 by FY 2030-31." Maruti Suzuki opened ...

EKA Mobility secures two order of Rs 150 crore from UPSRTC for e-buses

Electric vehicle maker EKA Mobility on Tuesday said it has secured two orders worth around Rs 150 crore from the Uttar Pradesh State Road Transport Corporation (UPSRTC) for supply of 70 air-conditioned electric buses. The orders comprise supply and maintenance of 12-meter 40 and 9-meter 30 AC buses, it said. These buses will play a key role in enhancing UPSRTC's fleet, the company said. EKA Mobility said it will also supply chargers to enable smooth operations, adding that both projects include long-term annual maintenance contracts to maintain peak performance for the next 10 years.

Will use multiple technologies to reduce carbon emissions: Maruti Suzuki MD

MSIL plans to launch its first electric car in India in January 2025. Not just MSIL, Hyundai and Kia will also launch their first mass-market electric cars in India next year