Top Indian Automobile Industry News & Updates - 31 July 2023,Monday

🏢 Industry

📝  States cling to clunkers, few execute junked vehicles disposal policy
📝  BYD plans to scrap $1 billion investment plan for manufacturing electric cars in India. Details here
📝  Mahindra Scorpio N pickup concept teased online ahead of August 15 debut. Know more
📝  Govt to expand Semiconductor DLI scheme to larger, foreign firms: MoS IT
📝  Auto sales, Q1 results, PMI data & more: Check key triggers for stock markets this week
📝  GENBETA Car developed by Formula E and innovation partner SABIC breaks Guinness World Record for speed
📝  50,000 electric vehicle owners yet to get refund from Rajasthan govt
📝  Goa working on green hydrogen energy plant: CM Pramod Sawant
📝  AMD brings USD 400 million to design semiconductors
📝  Flurry of electric PV launches set to widen India market
📝  Jharkhand CM nod for country's first hydrogen fuel related industry
📝  Bajaj Auto to set up first overseas manufacturing facility in Brazil
📝  Sales of cars and utility vehicles are expected to remain strong for 4th straight month in July
📝  FAME III corpus may jump to ₹30,000 cr
📝  Micron suppliers too seek government incentives, as company all set to produce chips in India by 2024 end
📝  Expect government approval for chip fab project in next 2 months: Darshan Hiranandani
📝  After Micron, semiconductor component players to set up India operations
📝  Micron Technology chief discusses plans with PM to boost semiconductor biz
📝  Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar
📝   Explained | Mapping India’s chip design ecosystem Premium
📝  Alcohol to automobiles, Indians' demand for premium products rises
📝  Govt announces support for 2 more semiconductor design startups/MSMEs
📝  ‘To build a globally competitive presence in semiconductor ecosystem over next 10 years’
📝  3 Quad partners go big on chip biz with India
Read More >>

🎤 Interviews & Features

📝  High-end hits a high: From Scotch and soaps to SUVs and smartphones, demand for premium products is soaring
📝  The rise of E-MaaS players: capitalising on the growing demand for delivery solutions
📝  Borrowing costs may come down from Q3: Mahindra Finance's Ramesh Iyer
📝  Mahindra Scorpio N pickup truck teased to deubt on Aug 15. What to expect
📝  ‘We plan to double the pace of chip commercialization’, Prabhu Raja, president, semiconductor products group, and Srinivas Satya, country president, Applied Materials
📝  The E-Motorbike challenge
Read More >>

🚗 Cars / SUVs

📝  Delhi man turns Maruti Suzuki Jimny into cozy bed - a true jugaad innovation
📝  Next-gen Nissan Kicks spied: Will it make a comeback in India?
📝  MG India signs MoU with Gujarat government to upskill students
📝  Maruti Suzuki Q1 preview: Profit may rise 2x YoY on strong sales, margin show
📝  Desi auto brands lead in pricing power on SUV fever
📝  How Creta rivaling Elevate SUV can shape things up for Honda in India
📝  Ratan Tata spotted taking rare trip in Tata Harrier SUV, video goes viral
Read More >>

🚗 Luxury Cars

📝  Volvo grabs 2 5% of luxury EV pie
📝  Cars and SUVs launching in August 2023: Mercedes-Benz GLC to Audi Q8 e-tron
Read More >>

⛟ Commercial Vehicles

📝  CV demand is likely to be under pressure in Q2 due to monsoon rains: Daimler India CEO
📝  BMTC gets 921 new electric buses
📝  BMTC's Shakthi scheme triumphs, now pondering greener fleet
📝  ASCL's 'RAAHI' scheme paves way for sustainable urban mobility with e-autos in Amritsar
Read More >>

🏍 2/3 Wheelers

📝  Harley-Davidson X440 bookings to close on August 3. Will return with a price hike
📝  S Devarajan, Sr VP, TVS Motor, elected as president of Bangalore Chamber of Industry and Commerce
📝  Ducati Monster 30th anniversary edition: All you need to know
📝  Hero Passion Pro discontinued in India. Here’s what you can get instead
📝  Honda teases new two-wheeler: New scooter or Hero Xtreme 160R rivaling SP160?
📝  Royal Enfield will stay fiercely unique, says Lal
📝  Royal Enfield to unveil more products to boost global presence
📝  MotoGP Bharat to flag off with an investment of ₹250 crore
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ather 450S India launch on August 3 – What to expect?
📝  Okinawa Praise Pro review: Electric scooter battling identity crisis
📝  Could Hero MotoCorp build Zero e-motorcycles in India?
📝  Kapil Shelke says Tork Motors is aiming for 100 experience centres by 2023-end
📝  Received FAME 2 subsidy for your electric two-wheeler? You may have to return it. Know more
📝  All-women motorcycle rally reaches Kargil on TVS Ronin, celebrates Kargil Divas
📝  Ola S1 Air electric scooter purchase window to open on 31st July: Here's everything you need to know
📝  Ola discontinues S1 electric scooter, will only sell S1 Air and S1 Pro
📝  Ola extends ₹1.1 lakh price offer for S1 Air to all till 15 August
Read More >>

🌇 Allied Industries

📝  CEAT lines up INR 750 cr capex for FY24
📝  Exide Industries reports 7 per cent rise in standalone net profit at Rs 242 crore for June quarter
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Oil on track for biggest monthly gains in over a year
📝  Ather Energy's Ather Grid charging network to grow-up substantially: Details
Read More >>

🌍 Emissions/Environment

📝  No BS-III petrol, BS-IV diesel vehicles during 'severe' AQI in Delhi
Read More >>

💸 Finance & Insurance

📝  Digital revolution: Motor insurance as easy as ABC
📝  Healthy outlook may help Shriram Fin investors ride Q1 bumps
Read More >>

📖 Magazines News

📝  EXCLUSIVE: Mahindra Scorpio N pickup (Z121) concept to debut in South Africa
📝  SMEV writes to MHI seeking approval to claim subsidies from customers
📝  Tata Nexon EV Max long term review, 3500km report
📝  Here are India's most fuel efficient petrol midsize SUVs
📝  New RE Bullet 350: what to expect?
📝  Feature: The complete guide to EV charging
Read More >>


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