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Auto Industry
car&bike Team
Sep 16, 2021, 7:28 PM
Chinese electric vehicle maker Xpeng Inc would consider acquiring less successful rivals to expand production capacity in the future, company President Brian Gu told reporters during a conference call.
1 Min
car&bike Team | Sep 16, 2021Mahindra Finance Enters Vehicle Leasing And Subscription Business With Its New Brand 'Quiklyz'Mahindra Finance has announced that it will enter vehicle leasing and subscription business under its new brand called 'Quiklyz'. The new brand will cater to both individual and corporate customers.1 min read
car&bike Team | Sep 16, 2021Hypothecation Process For Vehicles In Delhi To Go Entirely Online From NovemberCome November 1, 2021, no physical documents will be needed for the hypothecation process, according to a Delhi government statement. The entire process will now be faceless, by using OTP based digital signature.1 min read
Preetam Bora | Sep 16, 2021Royal Enfield Wins 2021 DTRA Flat Track "Twins Class" ChampionshipRoyal Enfield Factory Test Rider, Paul Young claimed the chequered flag and the Championship Crown on the Royal Enfield Twins FT at Greenfield Dirt Track, UK.1 min read
Seshan Vijayraghvan | Sep 16, 2021PLI Scheme For Auto Sector: Automakers Welcome The Move, But Experts Say It's Not EnoughThe cabinet has finally approved a Production Linked Incentive (PLI) scheme of nearly Rs. 26,000 crore for the auto sector. The scheme is mainly to boost manufacturing of electric and fuel cell vehicles. While OEMs are welcoming the move, industry experts believe this might not be enough.1 min read
car&bike Team | Sep 16, 2021Cabinet Approves Rs. 26,000 Crore Incentive Scheme To Boost Clean Fuel VehiclesIndia's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.1 min read
Charanpreet Singh | Sep 15, 2021Tata Xpres-T Electric Sedan Launched For Fleet Customers; Prices Start At Rs. 9.54 LakhTata Motors has officially launched Xpres-T, a re-branded Tigor EV, under its Xpres vertical in India. Prices of the electric car start from Rs. 9.54 lakh, going up to Rs. 10.64 lakh.1 min read
car&bike Team | Sep 15, 2021Electric Two-Wheeler Makers Welcome PLI Scheme For Auto SectorSeveral two-wheeler manufacturers have welcomed the government's announcement to introduce production-linked incentives (PLI) for the auto sector.1 min read
car&bike Team | Sep 15, 2021Government Approves Rs. 26,000 Crore Incentive Scheme To Boost Vehicle Production: ReportThe Union Cabinet had cleared a new production linked incentive (PLI) scheme to boost vehicle production in the country. Reports suggest an incentive scheme of nearly Rs. 26,000 crore for the auto sector, for a period of 5 years.1 min read
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