Auto Industry News
Discount On New Car After Scrapping Old One Cannot Be Made Mandatory: Nitin Gadkari
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.
Israel's StoreDot Moves Closer To 2024 Production Of Fast-Charge Batteries
Sep 15, 2022 01:37 AM
Israeli startup StoreDot has shipped production-ready samples of its fast-charge electric vehicle battery cells to strategic partners and potential customers as it moves closer to a planned 2024 production date, the company said.
Indian Shares Fall As Autos Skid
Sep 15, 2022 01:20 AM
Indian shares ended lower, dragged by auto stocks, while a weaker broader market weighed on sentiment.
Auto Parts Supplier Aptiv To Acquire 85% Of Intercable Unit In EV Tech Push
Sep 15, 2022 01:16 AM
Auto parts supplier Aptiv Plc said it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to technology used in electric vehicles (EVs).
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