Top Indian Automobile Industry News & Updates - 05 July 2023,Wednesday

🏢 Industry

📝  APAC connected vehicle tech market to register CAGR of 4.9% over 2021-26: GlobalData
📝  Govt plans to double turnover of automobile industry to INR 15 lakh crore: Nitin Gadkari
📝  Tata Group hints at UK battery plant plans as it posts job ads
📝  Road safety NGO demands proper parking indications in Goa
📝  UK, Bengal to ink EV manufacturing deal
📝  Uttar Pradesh to kick off 'Road Safety Fortnight' on July 17
📝  Centre issues draft notification on BNCAP mechanism
📝  Smart mobility forum launched in TN; seeks to help EV startups
📝  Registration of EVs zoom past diesel vehicles in Kochi
📝  Mahindra Thar turns heads as Amitabh Bachchan drives the SUV to his home, ditches Rs 2 crore Range Rover
📝  M&M taps Coimbatore for R&D ops
📝  Industry bodies push for relaxation in Delhi EV transition timelines
📝  Govt's battery swapping policy for EVs faces resistance from industry
📝  Mahindra reports 21% increase in June passenger vehicle sales at 32,588 units
Read More >>

🎤 Interviews & Features

📝  Kia Seltos facelift vs Creta vs Grand Vitara: Can new Seltos threaten Creta's dominance?
📝  ‘Price war has already started for SUVs’
📝  The taste of elusive luxury :How the 'Sunroof Syndrome' is a shining opportunity
📝  Epsilon’s US entry to be part-funded by local auto firms: MD
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🚗 Cars / SUVs

📝  Kia unveils Seltos facelift, to open bookings on July 14
📝  MG Motor India is official mobility partner for Startup20 ‘Shikhar’ in Delhi
📝  Kia unveils updated Seltos; eyes 10 pc market share in PV segment
📝  Kia plans to launch 3 new models, including 2 EVs in India by 2025: MD & CEO Tae-Jin Park
📝  Maruti Suzuki's new flagship Invicto MPV is set to launch in India tomorrow. What to expect
📝  2023 Kia Seltos facelift unveiled with ADAS features and more powerful engine: Key event highlights
📝  MG Motor India begins annual service camp
📝  Honda Cars Mid-size SUV ELEVATE Pre-launch Bookings Open
📝  Maruti Suzuki Invicto, brand’s most premium car, to launch in India tomorrow
📝  Live: 2023 Kia Seltos India launch – Price, specifications, features, and more
📝  Expect to grow at double speed of passenger vehicle industry in 2023: Kia
📝  Mahindra XUV700 crosses one lakh delivery mark: What makes this SUV so popular
Read More >>

Electric-Cars / SUVs

📝  Tata Harrier EV officially unveiled: What to expect?
📝  Kia India turns profitable after 4years, lines up mini e-SUV
Read More >>

🚗 Luxury Cars

📝  Audi India records 97% growth in sales in H1 2023: Q8 e-tron launch soon
Read More >>

⛟ Commercial Vehicles

📝  How to overcome challenges to boost E3W adoption for last mile mobility
📝  BMTC extends bus services from T2 of Bengaluru's Kempegowda International Airport
📝  1,400 new buses earmarked for Tamil Nadu
📝  E-buses launched in Kargil; Ladakh to be carbon-neutral union territory
Read More >>

🏗 Construction & Agri Machinery

📝  Domestic tractor sales grew by 4.19%, 98,438 units sold
Read More >>

🏍 2/3 Wheelers

📝  Bookings for Harley-Davidson X440 open today across India
📝  Harley Davidson to have a key role in Hero MotoCorp's premium play: Pawan Munjal
📝  Activa and Shine help Honda increase sales to 3,24,093 units in June 2023
📝  Hero MotoCorp shares rise 5% on launching Harley-Davidson X440 bike
📝  Harley-Davidson X440 launched: 5 things to know
📝  Suzuki Motorcycles India reports 18.7% YoY growth, sells 80,737 units in June'23
📝  All-new X440 is Harley-Davidson's best bet to cross India's tariff hurdles, important for Hero MotoCorp too. Know why
📝  Suzuki Hayabusa 25th anniversary edition unveiled: Gets new dual-tone paint scheme
📝  Eicher Motors cracks 6% as Hero Moto-Harley Davidson tie up for X440 bike
📝  Harley-Davidson X440 bookings start today at ₹5,000: Here’s how to book
📝  Royal Enfield to face competition from Harley x440
📝  With Harley Tango, Hero has X-Factor to Take On Enfield
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ola Electric sells close to 18,000 units in June 2023
📝  Bajaj Chetak electric scooter sees over four-fold sales growth in FY23
📝  Komaki to expand its dealership network across tier 2 and tier 3 cities
📝  TVS sales up 22% in June, iQube e-scooter sales take a significant hit
Read More >>

⚙ Components

📝  Motherson to buy 81% stake in Honda Motor arm Yachiyo Industry
📝  DGGI seeks higher GST from auto parts makers
Read More >>

🌇 Allied Industries

📝  Magenta Mobility unveils EV charger PLENT with 12 outputs
📝  Ceat opens new Truck Service Hub in Gwalior
📝  Epsilon Advanced Materials expects US plant to start by 2026
📝  Tata Steel's NINL plant reaches 100 pc capacity utilisation within 1 year of acquisition
📝  SAIL crude steel output grows 8 per cent in Q1; sales rise 24 per cent
📝  MRF sees steady growth amidst challenges
📝  Battery backup for e-mobility
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  REC extends ₹4,785 cr for HPCL Barmer refinery project
📝  Tamil Nadu’s tariff revision for EV charging stations brings cheer to operators
📝  Magenta Mobility launches Plent EV charger with 12 charging outputs
📝  Castrol focuses on EV servicing, EV-related products
Read More >>

💸 Finance & Insurance

📝  Enigma partners with EZFinance for e-scooter financing
📝  Bajaj Finance offers robust update for Q1, draws brokerage upgrades
Read More >>

📖 Magazines News

📝  Kia EV9 flagship electric SUV India launch in 2024
📝  New Kia Carnival India launch confirmed for 2024
📝  Kia Seltos facelift makes India debut
📝  Bike, scooter sales June 2023: RE overtakes Suzuki
📝  New Harley X440-based Hero bike to launch by March 2024
📝  Harley-Davidson X440 review: Serious RE challenger?
📝  Kia Seltos facelift to come in 6 variants, features revealed
📝  Harley-Davidson X440 vs rivals: price, specifications compared
Read More >>

📰 International News

📝  Stellantis to invest in historic Italian Mirafiori plant
📝  Rivian beats estimates for second-quarter EV deliveries, shares jump
📝  Legal battle looms over London's expanding vehicle pollution fee
📝  Volkswagen Invests EUR 1 Bln For Growth In South America
📝  China jumps ahead in the rush to secure Lithium from Africa
📝  Iveco eDaily bags Guinness World Records for Heaviest weight towed by an electric van
📝  TSMC founder: Globalisation in technology takes backseat to national priorities
📝  3 new China-based Tesla rivals see sales surge as BYD leads
📝  Spain’s ambition to be a green energy hub is coupled with risk of moving too fast
📝  Tesla Gears Up for Battle With Gasoline Cars
Read More >>


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