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Auto Industry
car&bike Team
Dec 8, 2021, 7:12 PM
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.
1 Min
Seshan Vijayraghvan | Dec 8, 2021Auto Retails In November 2021 Down 2.7% YoY; PV Sales Drop 20% Due To Chip ShortageIn 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.1 min read
Siddharth Vinayak Patankar | Dec 8, 2021Six Hyundai EV Models Coming Over Next Seven YearsIndia'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 2022.1 min read
car&bike Team | Dec 8, 2021eBikeGo To Manufacture Muvi Electric Scooter In IndiaThe Muvi electric scooter is one of the products from leading Spanish automotive company Torrot.1 min read
Shubham Parashar | Dec 8, 2021Citroen C5 Aircross To Cost More From January 2022The 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.1 min read
car&bike Team | Dec 7, 2021Delhi To Get 8 More Automated Driving Test Tracks To Reduce Waiting PeriodDelhi'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.1 min read
Seshan Vijayraghvan | Dec 7, 2021Tata Motors To Increase Commercial Vehicle Prices By 2.5% From January 1, 2022Tata 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.1 min read
Seshan Vijayraghvan | Dec 7, 2021Government Has Supported 1.65 lakhs EVs Under FAME II Scheme; Over 2,800 Charging Stations Have Been SanctionedUnder 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.1 min read
Shubham Parashar | Dec 7, 2021Auto Sales November 2021: Sonalika Tractors Records 8.98 Per Cent Sales DeclineSonalika 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.1 min read
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