Auto Industry Reviews
Simple Energy To Build World's Largest EV Two-Wheeler Factory
The first plant is under construction with annual capacity of 1 million units. The company will invest Rs. 2,500 crore to build the second plant in 600 acres of land.
Auto Retails In November 2021 Down 2.7% YoY; PV Sales Drop 20%
Dec 8, 2021 07:05 PM
In November's India's overall auto retail sales stood at 18,17,600 units, a marginal 2.7 per cent YoY decline. However, the passenger vehicle segment saw 2,40,234 new registrations, witnessing a decline of nearly 20 per cent, as chip shortage continues to plague the industry.
Six Hyundai EV Models Coming Over Next Seven Years
Dec 8, 2021 01:33 PM
India's second largest carmaker, Hyundai Motor will invest approximately Rs. 4000 crore to bring us 6 EVs (electric vehicles) across different segments and price points. This includes localising global E-GMP electric platform for India. First new EV in 2022.
eBikeGo To Manufacture Muvi Electric Scooter In India
Dec 8, 2021 04:41 AM
The Muvi electric scooter is one of the products from leading Spanish automotive company Torrot.
Citroen C5 Aircross To Cost More From January 2022
Dec 8, 2021 12:41 AM
The company has cited continued rise in the cost of commodities & ocean freight costs as the reason that has necessitated this price increase of the vehicle.
Delhi To Get 8 More Automated Driving Test Tracks To Reduce Waiting Period
Dec 7, 2021 02:09 AM
Delhi's transport department has floated tenders for the construction of new automated test tracks at eight new locations across the city, The test tracks will come up at eight different educational institutions.
Tata Motors To Increase Commercial Vehicle Prices By 2.5% From January 1, 2022
Dec 7, 2021 02:08 AM
Tata Motors will increase prices of its entire commercial vehicle range from January 1, 2022. The company has said that the price hike will be in the range of 2.5 per cent, and the revised prices will come into effect across all segments, basis individual models and variants of the vehicle.
Government Has Supported 1.65 lakhs EVs Under FAME II Scheme; Over 2,800 Charging Stations Have Been
Dec 7, 2021 02:07 AM
Under the Phase II of the FAME India scheme, the government has supported about 1.65 lakh electric vehicles, by way of Demand Incentive amounting to about Rs. 564.00 crore. The ministry says that it has also sanctioned 2,877 charging stations, amounting to Rs. 500 crore.
Auto Sales November 2021: Sonalika Tractors Records 8.98 Per Cent Sales Decline
Dec 7, 2021 02:06 AM
Sonalika has clocked highest ever November overall estimated market share of 16 per cent which a again of 1.4 per cent in its market share.