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According to SIAM statistics, the Indian auto industry would sell the most ever’ passenger automobiles in May 2023-thumnail

According to SIAM statistics, the Indian auto industry would sell the most ever’ passenger automobiles in May 2023

The latest Indian auto industry performance report for May 2023 has been issued by the Society of Indian Automobile Manufacturers (SIAM). According to statistics, the overall output of passenger cars,

Automotive

Jun 13, 2023

Zypp Electric: Enabling zero-emission deliveries-thumnail

Zypp Electric: Enabling zero-emission deliveries

When electric Vehicles were not the talk of the town, Zypp Electric, a prominent last-mile delivery fleet management firm, leaped into the EV-based ecosystem. Akash Gupta and Rashi Agarwal founded the electric scooter provider firm in 2017 with the goal of assisting India in embracing sustainable transportation and reducing pollution.

Automotive

Jun 8, 2023

India Holds Back Tailor-Made Incentives for US-based electric car manufacturer Tesla-thumnail

India Holds Back Tailor-Made Incentives for US-based electric car manufacturer Tesla

Indian government refrains from providing tailor-made incentives to Tesla, the US electric car manufacturer, but states have the freedom to offer concessions. Tesla is showing interest in building a complete supply chain in India. Currently, imported cars as completely built units attract customs duties ranging from 60% to 100%.

Automotive

Jun 7, 2023

Chinese Suppliers Protest Payment Cuts by Chongqing Changan Automobile-thumnail

Chinese Suppliers Protest Payment Cuts by Chongqing Changan Automobile

Suppliers to Chongqing Changan Automobile, a state-owned Chinese automaker, have expressed their dissatisfaction after the company reduced their payments by 10%. The suppliers argue that they are unfairly being made

Automotive

Jun 6, 2023

According To The FADA Report, India’s Retail Vehicle Sales Increased By 10% YoY In May-thumnail

According To The FADA Report, India’s Retail Vehicle Sales Increased By 10% YoY In May

Sales of two-wheelers, three-wheelers, passenger cars, and commercial vehicles increased as a result of the wedding season and expected changes to FAME subsidies that are due to take effect in June. According to the Federation of Automobile Dealers Associations’ (FADA) most recent figures, India’s Retail Vehicle Sales Increased By 10% YoY In May.

Automotive

Jun 5, 2023

Overall sales for Maruti Suzuki India increased by 10% to 1.78 lakh units in May, while PV sales increased by 15%-thumnail

Overall sales for Maruti Suzuki India increased by 10% to 1.78 lakh units in May, while PV sales increased by 15%

Maruti Suzuki India, India’s biggest passenger car manufacturer, announced total vehicle sales of 178,083 units in May 2023, a 10.32% increase over the 161,413 units sold in the same month

Automotive

Jun 1, 2023

UBER Introduces ‘Uber Green’ As A Venture Into The Ev Space-thumnail

UBER Introduces ‘Uber Green’ As A Venture Into The Ev Space

The international ride-hailing company said on Wednesday that it is forming a number of alliances to electrify its services in India. Uber, a global ride-hailing service, revealed its entry into

Automotive

May 24, 2023

Automakers Set to Invest £10 Billion to Boost EV Manufacturing Capacity-thumnail

Automakers Set to Invest £10 Billion to Boost EV Manufacturing Capacity

The Indian automobile industry is gearing up for a significant shift towards electric vehicles (EVs) as companies and the government focus on capital expenditure to support the growth of this

Automotive

May 23, 2023

TCS and Jaguar Land Rover partner to launch an open innovation program in Israel-thumnail

TCS and Jaguar Land Rover partner to launch an open innovation program in Israel

The launch of Jaguar Land Rover’s Open Innovation Programme was announced by Tata Consultancy Services (TCS) and JLR in Tel Aviv. As part of JLR’s Reimagine strategy, the project will

Automotive

May 23, 2023

By 2030, Maruti Suzuki India plans to invest over $5.5 billion to double its capacity-thumnail

By 2030, Maruti Suzuki India plans to invest over $5.5 billion to double its capacity

By the end of this decade, Maruti Suzuki wants to double its production capacity to four million vehicles annually, investing more than $5.5 billion in the process, according to numerous

Automotive

May 12, 2023

Hyundai Engine to Contribute $1.5 Billion to Construct EV production line in South Korea: Subtle Elements-thumnail

Hyundai Engine to Contribute $1.5 Billion to Construct EV production line in South Korea: Subtle Elements

Hyundai Engine Co has announced to contribute around 2 trillion won ($1.51 billion) in Ulsan, South Korea to construct an assigned electric vehicle (EV) manufacturing plant. Hyundai Motors, established in

Automotive

May 9, 2023

A 95% increase in sales on ‘fleet’ street is expected in FY23-thumnail

A 95% increase in sales on ‘fleet’ street is expected in FY23

In the most recent fiscal year, sales of cars for the fleet street, including those to app-based taxi aggregators like Ola and Uber, nearly quadrupled. This year, sales are anticipated

Automotive

May 9, 2023


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