Out of ‘FAME’: As India reduces subsidies for EVs, sales drop highlights the need for a better plan
The government has started reducing subsidies for electric vehicles. But industry experts say the “phase-out plan” of these incentives should have more clarity and provide adequate time for both manufacturers and consumers to be prepared.

The conclave concludes with industry leaders unite together to shape the future of India's logistics sector
New Delhi: The 4th edition of the Economic Times Supply Chain & Logistics Conclave 2024 concluded successfully at the Hyatt Regency, New Delhi, bringing together over 200 senior executives, policymakers, and industry leaders. This important event focused on the future of India's logistics sector and highlighted the crucial role of innovation and technology in driving the nation's economic growth and global competitiveness.

These cars aren’t really Toyota’s own, but account for 50% of its India sales
It’s a Toyoya Glanza; err, it’s a Maruti Suzuki Baleno.

Automotive sector needs to look at safety of its workers: report
How safe are workers in the factories of automotive supply chain firms and automobile brands and is there a need to relook at safety protocols on the shop floor? The number of accidents in automotive supply chain firms increased from 799 in FY2021-22 and 1,345 in FY2022-23 to 1,597 in FY2023-24, according to a study by Safe In India (SII)—an organization focusing on the safety of automotive industry workers. However, industry body Society of Indian Automobile Manufacturers (Siam), strongly refutes any allegations and says every safety incident cannot be traced to the vehicle manufacturer.

With TVS Mobility’s support, CII is to assist 1,000 micro-entrepreneurs in TN
Chennai: With the support of TVS Mobility, the CII Centre of Excellence on Employment & Livelihood has launched a project under the name, Puthiya Payanam: Valarchiyai Noki. This initiative will support 1000 micro-entrepreneurs across 8 districts of Tamil Nadu during this fiscal. The scheme was launched in the presence of TRB Rajaa, Minister for Industries, Tamil Nadu.

Used vehicle market likely to maintain double-digit growth momentum in FY25
Chennai: The used vehicle market is expected to maintain robust growth this year, with projections indicating double-digit expansion in FY25, according to prominent vehicle financiers. Industry experts point out that over the past five-six years, State transport undertakings have reduced their investments in public transportation, particularly in semi-urban and rural areas. In the past, State undertakings introduced many new buses annually in semi-urban to urban regions, but this trend has declined, opening opportunities for private transportation to fill the void.

Global auto tech group Aptiv invests $45 m in Chennai manufacturing expansion
Chennai: Dublin (Ireland)-headquartered Aptiv Plc (formerly known as Delphi Automotive) has expanded its manufacturing operations in Oragadam, near Chennai, with a $45 million investment as the global automotive technology group responds to the growing demand for parts for software-defined vehicles (SDVs) in India.

Hyundai Motor India Foundation expands Vidya Vahini Program in UP, Haryana
Building on the success of the initial phase, the expanded Vidya Vahini Program will deploy these educational vehicles across 14 districts of Uttar Pradesh and Haryana. These mobile units are designed to increase access to science education materials and hands-on experiments, particularly for students in remote and rural schools. The initiative is aligned with India's National Education Policy and focuses on improving the quality of education for students in these under-resourced areas.

L&T Semiconductor to sign contracts with 6 automobile companies by Sept
Bengaluru: L&T Semiconductor Technologies will sign contracts with six automobile companies by the end of September, making them its first clients, the company's chief executive said on Tuesday.

Gentari joins hands with Amazon India to achieve target of 10K EVs by 2025

Under the collaboration, Gentari Green Mobility Business will procure and deploy electric vehicles for the company in the next three years besides providing comprehensive fleet management services to the delivery service partners (DSPs) to ensure the seamless operation and upkeep of the EV fleet, Amazon India said.

Budget falls short in pushing domestic EVs
One of this year’s Budget proposals was to boost the supply and manufacturing ecosystem for electric vehicles. To this end, it exempted customs duty on import of the minerals — lithium and cobalt, as also extended the concessional customs duty on import of lithium-ion cells until March 31, 2026. India relies on lithium imports, which is key component of EV batteries. So the duty cut is a welcome step.

Skoda Auto India cars be available on Government e-Marketplace Portal
On its path towards growth and expansion in the Indian market, Škoda Auto India has registered itself on the Government e-Marketplace (GeM) portal as a seller for its selected cars.

Jeep India to offer special freedom benefits of up to Rs. 2.5 lakhs in August
It’s raining freebies this August. Jeep India is celebrating its 8th anniversary with special Freedom Benefits of up to Rs. 2,50,000 on its flagship models i.e. the Jeep Compass and Jeep Meridian. The offer includes extra exchange, loyalty, and corporate benefits across the Jeep range. 

Mahindra Thar Roxx new colour revealed
Come this Independence Day, BSA will be launching the Gold Star in India and Ola will be either unveiling or launching its first electric motorcycle. However, bigger than all of them will be the launch of the new 5-door Thar, named the Roxx.

Maruti Suzuki commences export of Made in India Fronx to Japan
Maruti Suzuki begins export of ‘Made in India’ Fronx to Japan
The Financial Express

Kia to launch new car on October 3. Will it be Carnival or EV9 electric SUV?
Source Credit: Hindustan Times

The Carnival and EV9 will be launched in the Indian market first.

Renault India offers discounts across entire range for August, special offers for Kerala
Source Credit: Hindustan Times

Renault India is offering discounts across its entire lineup, with offers limited to cars with a 2024 VIN.

Nissan extends support to flood-affected customers. Check details
Source Credit: Hindustan Times

Nissan has joined forces with its dealers to offer insurance claim process fee waivers of up to ₹1000 for flood-affected vehicles

Mahindra Thar Roxx launch tomorrow: How much would you pay for five-door SUV?
Source Credit: Hindustan Times

Mahindra Thar Roxx retains most of the key design elements of Mahindra Thar while also getting its own unique highlights. Do not miss the C-shaped LED headlights seen here.

Pipavav port eyes car exports, liquid imports for growth
Car exports and liquid cargo imports are expected to drive growth for APM Terminals Pipavav (Gujarat Pipavav Port Ltd), which runs Pipavav port in Gujarat. The port targets handling 1.5 lakh car exports this year — 54 per cent more than last year — and eyes 17 per cent growth in liquid cargo, which includes LPG gas imported under the Pradhan Mantri Ujjwala Yojana (PMUY).

Tata Curvv EV Review: Caution Curvv ahead
Tata Motors has boldly entered one of the most competitive segments of the Indian automobile market by launching a coupe SUV, and notably, an all-electric model as its first iteration. Introducing the Curvv EV, which faces direct competition only from the MG ZS EV. As India’s leading EV manufacturer, the company is challenging conventional wisdom with a daring approach.

MG Windsor EV launch September 11: Features, battery, design
JSW MG Motor has confirmed the launch of its third electric vehicle in its lineup, the Windsor EV. The crossover utility vehicle (CUV) will be slotted in between the Comet EV and the ZS EV. In the global market, this CUV EV is sold as Wuling Cloud. Here’s all you need to know. 

Tata Curvv EV launched and driven: Pros and cons you must know
Source Credit: Hindustan Times

The sloping roofline is the most distinct design element on the outside of the Tata Curvv EV.

Tata Curvv EV booking begins. Here's how to book
Source Credit: Hindustan Times

Tata Curvv EV is open for booking from August 14 across India through the automaker's dedicated website and via offline retail stores.

Jaguar Land Rover begins deliveries of locally-manufactured Range Rover Sport
Mumbai:Range Rover Tuesday began delivery of the locally-manufactured Range Rover Sport in India. The new Range Rover Sport is available in two powertrains - 3.0 l Petrol Dynamic SE, delivering power of 294 kW and torque of 550 Nm and 3.0 l Diesel Dynamic SE, delivering power of 258 kW and torque of 700 Nm. The new made-in-India Range Rover Sport is priced at INR 1.4 crore (ex-showroom.)

Mercedes-Benz launches GLE 300d 4MATIC AMG line in India
Mercedes-Benz India has bolstered its SUV lineup with the introduction of the 2024 GLE 300d 4MATIC AMG Line.

Mahindra Last Mile Mobility launches new e-Alfa Plus at INR 1.61 lakh
New Delhi: Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M Ltd.), has introduced the e-Alfa Plus, an electric three-wheeler designed for both urban and rural transportation. Priced at INR 1,61,113.00 ex-showroom in Noida, the availability of the e-rickshaw is subject to local government approvals.

Euler Motors unveils Rs 100 crore new production facility in Palwal, Haryana
New Delhi: Euler Motors, a leading electric commercial vehicle manufacturer, Tuesday unveiled its commercial EV manufacturing and R&D facility in the industrial hub of Palwal, Haryana.

Suzuki Hustler spotted testing in India— upcoming Tata Punch rival?
With SUVs being the favoured body-style of most Indian car buyers over the last decade, many OEMs have been forced to introduce SUVs or models which look like SUVs in the past few years. This has penetrated into the small car segment as well with Tata Punch and Hyundai Exter being labelled as micro SUVs.

Why India needs safety protocols for EV charging
Proposed bans on EV charging in basement parking in Mumbai echo measures taken by residents in Seoul after a series of underground car park explosions. This brought a focus on standardized safety protocols and regulatory frameworks for charging stations. Mint explains.

Low battery: The biggest challenge hindering all-electric cab company BluSmart
New Delhi: In September 2022, when this reporter met Anmol Jaggi at his Sector 20 Gurugram office, the owner of all-electric cab-hailing company BluSmart was cribbing about the lack of electric vehicle (EV) models, and their availability. There were only a handful of EVs in the market at that time and though Tata Motors had a dedicated brand, ‘XPRES-T’ EV, for fleet owners, demand from individual buyers was so strong that the taxi segment wasn’t really a priority for automakers.

Why UP wants more hybrids on the roads

What has the UP government done? 

Is the Yamaha R1 returning in an all-electric form?
Yamaha made a heartbreaking announcement a while ago saying that the YZF-R1 will not see updates in the future, possibly signalling the end of the line for an iconic litre-class motorcycle. However, new patent images have revealed a battery pack nestled inside what looks to be identical to an R1 frame.

TVS Jupiter facelift launch on Aug 22: What to expect?
TVS will launch a new model on August 22 and it is most likely to be the updated Jupiter. It was previously reported that TVS is looking to bring an upgraded version of the Jupiter this year. The Hosur-based has sent us an invite for a virtual launch of the same. The launch will be preceded by media rides for the updated Jupiter.

2024 Royal Enfield Classic 350 unveiled: Top 5 updates
Royal Enfield took the covers of its best-selling motorcycle, the Classic 350. The company hasn’t officially launched it yet as the price will be revealed on September 1. The Classic 350 will hit the showrooms on the same day. The 2024 version doesn’t receive any mechanical updates, but it has some new features. 

New Royal Enfield Classic 350 accessories list
Royal Enfield has unveiled the new Classic 350, a motorcycle that is the backbone of the Chennai-based motorcycle maker. The new bike gets a few crucial updates in terms of equipment, which were part of the accessories list with the older model. Let’s take a look at what accessories the new Royal Enfield Classic 350 gets.

Hero MotoCorp Q1 net profit expected to grow by double digits y-o-y
New Delhi: Country’s largest two-wheeler manufacturer, Hero MotoCorp is expected to report strong financial performance for the first quarter ended June 30, driven by strong sales, recovery in the rural market and new launches in the 125cc segment like the Xtreme 125R.

Freedom 125 to be released across India on the 78th Indian Independence Day
Bajaj Auto launched Freedom 125 in July which made more than 60,000+ inquiries; the company decided for its nationwide launch in 78 towns, leading up to 15 August, the 78th year of India’s Independence. 

Hero MotoCorp Q1 profit soars 36% to Rs 1123 crore on steady sales, higher price
Hero Motocorp Q1 results: Net profit surges 36% YoY to ₹1,123 crore, revenue up 16%
mint

2024 Jawa 42 launched, costs less than older model. Check price and specification
2024 Jawa 42 launched at Rs 1.73 lakh: Specs, features, colour options
The Financial Express

Hero Destiny 125 design patent leaked. Hints at major redesign
Source Credit: Hindustan Times

As per the design patents, Hero Destiny 125 will be available in flat side panel design, reminiscent of  classic design, with a modern stretched tail light assembly

Ather Energy becomes unicorn after raising $71 million funding from NIIF
NIIF, the Indian sovereign wealth fund, first invested in Ather in May 2022. The electric mobility space in India has seen a surge in investment activity — the Hyderabad-based ride-hailing app Rapido became a unicorn last month and the successful listing of Bhavish Aggarwal-led Ola Electric on Indian stock exchanges.

Simple Energy to open six new experience stores in a month
New Delhi: Simple Energy, a leading electric vehicle and clean energy startup, Tuesday said that the company will open six showrooms - known as ‘Simple Store’- in the next one month. These showrooms would be brick and mortar stores that are owned and operated by Simple Energy’s official network partners.

Dealers of Tork Motors file complaint; Bharat Forge writes off investment
New Delhi: In an attempt to settle their dues, dealers of Pune-based electric two wheeler maker Tork Motors have collectively filed a complaint with the police. The EV maker's facility has been at a standstill since last year and it has not been able to dispatch the vehicles to its dealers since December.

BattRE Electric Mobility launches Storie EPIC E2W series at INR 84,999
BattRE Electric Mobility, an innovator in electric two-wheeler technology, has launched its Storie EPIC series priced at INR 84,999.

EVs are leading the way for safer two-wheelers in India
According to the Road Accidents in India 2022 report published by the Ministry of Road Transport and Highways of India, data shows that nearly 45% of all road fatalities in India involve two-wheelers. While basic precautions like wearing a good quality helmet do go a long way in making two-wheelers safer, riders are still a lot more susceptible to accidents than most other modes of transportation.

Ather's $450 mn IPO: The next big spark in India's electric revolution
Bengaluru-headquartered electric two-wheeler manufacturer Ather Energy is all set to file its draft red herring prospectus within the second week of September to the Securities Exchange Board of India (Sebi) for its maiden initial public offering (IPO), in which it is expected to raise over $450 million.
 

NRB Bearings Q1 Results Live : profit rise by 34.39% YOY
NRB Bearings Q1 Results Live : NRB Bearings Q1 Results Live: NRB Bearings declared their Q1 results on 12 Aug, 2024. The topline increased by 6.35% year-over-year (YoY) to ₹3028.35 Cr, reflecting a strong performance in the face of challenging market conditions. The profit for the quarter surged by an impressive 34.39% YoY.

SKH forms SKH M with Magna for body and chassis operations in India
Krishna Group's Metals Division, SKH, has entered into a strategic alliance with Magna International Inc., a global leader in automotive systems. This partnership focuses on Body and Chassis operations in India and aims to strengthen SKH's position in the automotive components sector through the combination of SKH's lean manufacturing capabilities and Magna’s advanced technology.

Schneider Electric unveils eight ‘innovative’ products
 

Goodyear to invest CAD 575 mn to modernise Napanee, Ontario, Plant for EV, all-terrain markets
The Goodyear Tire & Rubber Company announced on Monday that it will invest over CAD 575 million to expand and modernise its Napanee, Ontario, plant. This initiative aims to meet the evolving needs of the electric vehicle (EV) and all-terrain markets.

Cummins India appoints Shveta Arya as MD, effective Sept 1, 2024
Pune: Cummins India Limited, one of the leading power solutions technology providers, Tuesday said that its Board of Directors has appointed Shveta Arya as an Additional Director and the Managing Director (Designate) effective August 8, 2024. Shveta Arya will take up the full-time role as the Managing Director of Cummins India Limited - effective September 1, 2024, subject to approval from shareholders through a postal ballot.

Battery cell manufacturing: Govt, stakeholders to collaborate for developing rapid prototyping centres
New Delhi: In a bid to scale up India’s capabilities in battery cell manufacturing the government, academia and industry are collaborating to create a country-specific framework for establishing Rapid Prototyping Centres (RPCs).

L&T Technology Services signs new long term framework agreement with Shell
L&T Technology Services Limited on Tuesday announced that it has signed a long term framework agreement with Shell. The multi-year framework agreement will see LTTS providing integrated engineering and procurement services along with digital engineering services, data governance for capital projects and digital project management consultancy for Shell’s global assets as necessary, the company said in a regulatory filing. 

L&T Semiconductor Technologies to transition to chip maker from SoC once revenues hit $1 billion in 2-3 years
L&T Semiconductor Technologies (LTSCT) is planning to build three semiconductor fabs in India over the next five to 10 years with potential investments of $10-12 billion, as the L&T group’s newest business vertical aims to become a multinational semiconductor player.

Ki Mobility's myTVS to launch AI-led diagnostics platform for aftermarket car segment
“The connected diagnostics platform has been branded ‘Drivenostics’. It offers customers the choice to diagnose their cars and is available across 1,000 outlets, allowing for a live health record of the vehicle,” Ki Mobility’s managing director G Srinivasa Raghavan told ET. “We call the service model the uberisation of service for a modern, on-demand approach to vehicle repair.”

MG Windsor India debut on September 11
Windsor EV to be priced under Rs 20 lakh

Land Rover Defender lineup rejigged in India
Prices for the Land Rover Defender now range from Rs 1.04 crore to Rs 1.57 crore. Before this update, it cost between Rs 92.70 lakh and Rs 2.85 crore, ex-showroom.

Lamborghini Huracan successor silhouette revealed
New teaser shows typically sleek Lambo body

New Mercedes E-Class LWB bookings to open next month
New E-Class to launch before end of 2024

Mercedes GLE 300d 4Matic AMG Line launched at Rs 97.85 lakh
GLE 300d 4Matic AMG Line is the new entry variant

Simple Energy to open 6 new showrooms
Dealerships set to open in 6 new locations

Jeep Compass, Meridian get up to Rs 2.5 lakh off this month
Compass gets up to Rs 2.5 lakh off

Tata Curvv EV review: Tata’s best EV yet
Tata Curvv EV review: design and dimensions

Bajaj Freedom affordable variant spied testing
Source Credit: Autocar India

Bajaj introduced the all-new Freedom, the world's first CNG-powered motorcycle, just a month ago. With bookings and deliveries already underway in Maharashtra and Gujarat, Bajaj has now announced that the Freedom will be available in 77 cities across India, starting August 15. Now, a more affordable version of the Freedom has been spotted testing, and it could target the 100cc commuter segment.

New Kia Carnival, EV9 India launch on October 3
Source Credit: Autocar India

The much-awaited Kia Carnival MPV will make its India debut on October 3, 2024. On the same day, Kia will also show the EV9 all-electric SUV, and is expected to announce prices for both models.

Updated Jawa 42 launched at Rs 1.73 lakh
Source Credit: Autocar India

The Jawa 42 has been updated for 2024 with prices ranging between Rs 1.73 lakh and Rs 1.98 lakh (both, ex-showroom, Delhi). It gets engine tweaks, mild changes to the styling and a new seat. The starting price is Rs 16,000 more affordable than before.

GM layoffs: General Motors cuts jobs in China amid declining sales and high competition, looks to reset business
GM layoffs: General Motors Co. has been laying off staff in China and will soon meet with local partner SAIC to plan a larger structural overhaul of its operations there, a recognition the Detroit automaker is unlikely to see its sales return to 2017 peak levels.

2025 BMW M5 Touring: What we know so far about the hybrid sports wagon
Source Credit: Hindustan Times

The seventh-generation of the BMW M5 Touring is on its way for a debut later this month and is slated for production in the fourth quarter of 2024.

BYD Seal facelift unveiled. Gets major changes including hybrid powertrain
Source Credit: Hindustan Times

Although the exterior design of the BYD Seal facelift remains largely unchanged, subtle differences have been made by new alloy wheel options and a revised colour palette