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Auto Industry
car&bike Team
Sep 8, 2021, 6:26 PM
The government's original plan was to give about Rs. 58,861 crore to automakers and part manufacturers to promote mainly petrol technology, with added benefits for EVs. The scheme was redrawn to focus on companies that build electric and hydrogen fuel-powered vehicles.
1 Min
Charanpreet Singh | Sep 8, 2021Maruti Suzuki's Production Drops Nearly 8% In August 2021 Due To Chip ShortageMaruti Suzuki India produced 113,937 units in August 2021, registering a year-on-year (Y-o-Y) de-growth of 7.9 per cent as compared to 123,769 units produced in the same month last year.1 min read
Seshan Vijayraghvan | Sep 8, 2021Ford India MD Anurag Mehrotra And Director David Schock Get Pre-Arrest Bail In Cheating CaseFord India's Managing Director, Anurag Mehrotra, and Director David Allen Schock have been recently granted pre-arrest bail by a Delhi court in connection with a cheating case filed by a car dealership owner.1 min read
Reuters | Sep 7, 2021Toyota To Spend Over $13.5 Billion To Develop EV Batteries And Supply Systems By 2030Toyota said it aims to slash the cost of its batteries by 30 per cent or more by working on the materials used and the way the cells are structured.1 min read
Seshan Vijayraghvan | Sep 7, 2021Vehicle Retail Sales For August 2021 Fell 11% Against July, But Saw 14% YoY GrowthThe Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for the month of August 2021.1 min read
Reuters | Sep 7, 2021Tiny Chips Cast Big Shadow Over Munich Car ShowThe IAA Mobility show in Munich is the first major motor industry event worldwide since the global coronavirus pandemic.1 min read
Reuters | Sep 7, 2021Piaggio, KTM, Honda And Yamaha Set Up Swappable Batteries ConsortiumThe Swappable Batteries Motorcycle Consortium (SBMC) aims to broaden the use of light electric vehicles, such as scooters, mopeds and motorcycles, and support a more sustainable management of their batteries, a joint statement said.1 min read
Shubham Parashar | Sep 6, 2021Maruti Suzuki Hikes Prices By 1.9 Per Cent On Select ModelsMaruti Suzuki has increased prices by 1.9 per cent on select models effective from September 6, 2021 citing rise in input cost as the reason.1 min read
Reuters | Sep 6, 2021German Decision On Tesla Subsidies Expected By End Of YearTesla plans to invest 5 billion euros in its battery cell factory at Gruenheide near Berlin to complement its nearly finished electric car factory at the same location.1 min read
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