India to augment EV manufacturing incentives after Tesla disappoints: Report
India aims to enhance its EV incentives to auto companies working on models at existing factories in India, rather than limiting the advantages to auto firms that look to build new plants, a person in the know informed Reuters. The country’s EV policy, still in the finalisation stages, was tailored in a manner to facilitate […]
Yulu partners with Electrie to launch shared electric mobility service in Kolkata
Shared electric mobility company Yulu launched its services in Kolkata, marking its first foray into eastern India through a franchise partner-led model. The initiative will be managed by Electrie, a venture founded by city-based industrialist Soham Misra. Electrie will operate Yulu’s DeX GR electric vehicles (EVs) and leverage its advanced technology platform in Kolkata’s Topsia, […]
BMW Motorrad India to increase prices across model range from January 2025
BMW Motorrad India announced a price increase of up to 2.5% across its entire range of motorcycles and scooters, effective January 1, 2025. The company attributed this price increase to rising input costs and inflationary pressures. According to the company, the revision will help sustain profitability while maintaining the brand’s commitment to quality, performance, and […]
Bharat Benz Torqshift tipper range wins bulk order for mining
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, has introduced its BharatBenz heavy-duty truck (HDT) range equipped with the globally acclaimed 12-speed Automated Manual Transmission (AMT) technology. The company has received a bulk order of 80 units for its 3532CM mining tippers from a single customer. BharatBenz expanded its product portfolio […]
Hark the new BMW M2 sings, a newborn coupe launched in India at ₹1.03 crore
Share via: BMW launched the M2 four-door coupe in India for ₹1.03 crore. This updated model features a 3.0-litre engine delivering 473 bhp, new design elements … Read more The new BMW M2 gets an optional M lights Shadow Line, essentially a dark tint around the headlamps. BMW launched its M2 four-door coupe in India, […]
M&M says reports on potential emission penalties for FY23 incorrect
Mahindra & Mahindra on Thursday clarified that media reports saying that it is likely to face emission penalties for exceeding fleet emission limits in 2022-23, along with a few other carmakers, are factually incorrect. A media report published on Thursday morning said car makers including Hyundai, Kia, Mahindra, and Honda have higher than mandated fleet […]
Luxury car market to grow at double the pace of mainstream market: Balbir Singh Dhillon
The Indian luxury car market will continue to grow at double the pace of the mainstream car market and reach 1 lakh units in annual sales by 2030. That’s the word coming in from the head of Audi India, Balbir Singh Dhillon. This translates to a 100% growth in volumes from the 2024 base of […]
SIAM charts path to simplified taxation at automotive taxation conference 2024
The Society of Indian Automobile Manufacturers (SIAM) organized the SIAM Conference on Automotive Taxation 2024, focusing on the theme “Evolving Taxation Landscape of the Auto Industry for Nation Building.” The event addressed the role of taxation policies in supporting India’s automotive sector while contributing to the nation’s economic growth. It also highlighted procedural and operational […]
India aims to curb ‘paper tiger’ hydrogen projects with new funding strategy
India’s hydrogen fuel ambitions are growing rapidly, with the government pivoting its funding strategy to prioritize innovation and scalability over mere cost. The Ministry of New & Renewable Energy aims to accelerate the commercialization of hydrogen, particularly in the heavy-duty trucking segment. Previously, the government took a top-down approach, dictating which projects to fund. Now, […]
Honda plans 500 battery-swapping stations in Bangalore, Delhi, Mumbai by 2026
Following the launch of Activa E, Honda Motor plans to set up 500 battery-swapping stations across Bangalore, Delhi and Mumbai by March 2026 through its battery-swapping service subsidiary Honda Power Pack Energy India Pvt Ltd (HEID). Honda will start its battery swapping service, Honda e:Swap, for ACTIVA E in Bengaluru from February 2025 and in […]
Nissan names Abhishek Arora as director – Dealer Network Development and Customer Quality Training (DND-CQT)
Nissan Motor India (NMIPL) has appointed Abhishek Arora as Director – Dealer Network Development and Customer Quality Training (DND-CQT), effective 14 November 2024. This role expands his current responsibilities as Director – Transformation & New Projects. In this new position, Arora will lead Nissan’s channel development and management, focusing on strategic initiatives to enhance network […]
Audi launches the Q7 facelift at Rs 88.66 lakh
Audi India has announced the launch of its new Audi Q7 facelift at Rs 88.66 lakh. Customers can reserve their vehicle through the Audi India website or the ‘myAudi connect’ app with an initial booking fee of Rs 2,00,00 The Audi Q7, locally assembled at the SAVWIPL plant in Aurangabad, is scheduled for its official […]