Auto Industry News

The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.

This comes in addition to a previously announced 4,000 yuan insurance subsidy, but is only applicable for customers buying a current car model and completing delivery by the end of December.

MoRTH has now amended Chapter III of Central Motor Vehicle Rules, 1989 to build a comprehensive regulatory ecosystem for the pre-owned car market.

According to the latest report shared by the Ministry of Road, Transport and Highways, the highest number of accidents recorded in 2021 involved vehicles that are less than five years old.

Accident data from 2021 revealed that 2.95 lakh reported cases of accidents and 1.07 lakh fatalities were caused due to overspeeding. Other road factors remained the second biggest cause followed by wrong-side driving.

The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years

The company is offering data-analytics-driven software as a service to companies in the electric vehicle space.

ETO Motors company has deployed electric three-wheelers with women drivers at the metro station and its EV charging solution – Thunderbox, will also be installed across Delhi at various Metro Stations.