Auto Industry News
Need More Scrappage Centres, Can Reduce Component Costs; Nitin Gadkari
At the 62nd Annual SIAM Conference, Union Minister for Road Transport and Highways, Nitin Gadkari, said that one crore 20 lakh vehicles have been identified for scrappage, but need more centres and focus on cost reduction of automotive components by means of recycling.
Government Says Global Auto Brands Are Looking For The Right Partner To Enter India
Sep 15, 2022 07:35 PM
Speaking at the 62nd SIAM Annual Convention, Anurag Jain, Secretary, Department for Promotion of Industry, and Internal Trade said some global auto brands are willing to enter India but are looking for the right local partner.
India Seeing Huge Growth In Electric Vehicle Sales Across Segments: Nitin Gadkari
Sep 15, 2022 07:23 PM
Minister for Road Transport and Highways said that the country was seeing double and triple-digit growth in sales across segments in the EV space.
Discount On New Car After Scrapping Old One Cannot Be Made Mandatory: Nitin Gadkari
Sep 15, 2022 07:11 PM
Under the scrappage policy, old vehicles will have to pass a fitness test before re-registration and, as per the policy, government commercial vehicles more than 15 years old and private vehicles which are over 20 years old will be scrapped.
India To Dominate Green Energy Vehicle Market Share In The Global Market: Kenichi Ayukawa
Sep 15, 2022 06:39 PM
While EVs will of course take the lead in achieving bigger market share in the green energy vehicle segment, Flex fuel and hydrogen powered vehicles too will contribute considerably in achieving this feat.
Innovation In Greener Alternatives Need Of The Hour Says Prime Minister Modi
Sep 15, 2022 05:44 PM
"Amrit Kaal is an opportunity to achieve self sufficiency in every sector and the automobile sector is no exception", PM Modi said.
Open ARAI-Like Research Centre For Auto Components, Nitin Gadkari's Suggestion To ACMA
Sep 15, 2022 06:02 AM
Speaking about a new research centre for auto components, Gadkari said that ACMA should open a facility where testing and research of international standards can be conducted in India.
Local Battery And Semiconductor Manufacturing Could Widen Scope In The Auto Component Industry: ACMA
Sep 15, 2022 05:01 PM
Suzuki Motor Corporation's new Lithium battery plant coming up in Gujarat and Vedanta along with Foxconn setting up a 1000-acre semiconductor plant in the same state is expected to widen the scope in the auto component industry.
Taiwan's ProLogium Seeks European Site For $8bln Battery Plant
Sep 15, 2022 01:41 AM
Taiwanese battery maker ProLogium Technology Co has shortlisted four European countries - France, Germany, Poland and the United Kingdom - for an $8 billion solid-state lithium battery plant, consulting firm Accuracy said.
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