SAIC Motor and JSW Group announce JV to accelerate growth with focus on green mobility
The Shareholder Agreement and Share Purchase & Share Subscription agreement were signed by the President of SAIC Wang Xiaoqiu and JSW Group’s Parth Jindal at MG UK Headquarters in London for accelerating the transformation and growth of MG Motor in India.
ETAutoEVC: Bajaj Auto explores tie-ups as it readies Chetak for exports
The company is looking at the potential to sell Chetak electric scooters in markets outside India as exports are the lifeline of its turnover and profit.
Toyota Kirloskar sales up 51% to 17,818 units in November
While the company sold 16,924 units in the domestic market, 894 units of The Urban Cruiser Hyryder were exported, the company said.
Escorts Kubota sales up 7% to 7,855 units in November
Domestic tractor sales in November 2023 were at 7,855 tractors registering a growth of 6.7% as against 7,359 tractors sold in November 2022.
ETAutoEVC: Tech, sustainability, and consumer demands steer EV revolution
Deliberations at the first day of the 8th ETAuto Conclave provided a comprehensive overview of the strategies and approaches required for the successful design and development of electric vehicles in India and emerging markets. From affordability and connectivity to innovative design and technology integration, the insights shared by industry leaders showcased the collective efforts towards shaping the future of electric mobility in India and similar other markets.
ETAutoEVC: Industry in unison seeks more sops to push sales as FAME III details awaited
An impassioned plea for continued support came from vehicle OEMs, component makers and others involved in the EV ecosystem. Most industry players believe withdrawal of incentives would kill demand generation since price parity between electric and ICE vehicles is anyway a dream.
ETAutoEVC: Policy to accelerate India’s electric transition; OEMs seek clarity, certainty
In the electric vehicle journey, the government's role as a key motivator and facilitator has been critical, according to the EV industry stalwarts who gathered for the eighth two-day ETAutoEVC in New Delhi on Wednesday. But they are asking for more clarity and certainty on policy implementation.
ETAuto EV conclave: Problems and prospects of electrification to come to the fore
The two-day conclave from November 29 is India's largest and fastest-growing conference and exhibition. Like the previous editions, the conclave will bring some of the best minds from the domestic and global EV landscape together to discuss, debate and design a better, cleaner, safer and more sustainable future for the Indian automotive industry.
Vehicle retail sales up 19% to 37.93lakh units during the 42-day festive period: FADA
Significant growth was observed in the two-wheeler, three-wheeler, commercial vehicles and passenger vehicles, with respective rises of 21%, 41%, 8%, and 10%. Conversely, the tractor segment experienced a slight decline of 0.5%, FADA said.
Tata Motors veteran set to be Electra EV's first CTO
The Ratan Tata promoted EV powertrain solutions provider is learnt to be beefing up its engineering and technology teams as part of its strategy to tap new segments for growth. Barely 3 months after appointing a Chief Quality Officer, Electra EV is set to appoint its first Chief Technology Officer.
Maruti Suzuki to hike car prices from January 2024
The model-specific price increase, the company said, is owing to increased cost pressure.
Price You Put On Your Head: Helmets That Prevent Fines, But Not Accidents
The helmet broken into two was the obvious clue for police to pursue when inquiring into the death of a 57-year-old Delhi Police sub-inspector in Ghaziabad recently. Ashok Kumar's motorcycle had crashed into the road divider and he suffered grievous head injuries. Did his helmet meet the Bureau of Indian Standards norms? Or was it, like the thousands sold on the roadsides every day, a cheap and substandard gear that two-wheeler riders buy only to circumvent the Supreme Court order on use of helmets?