Jaguar Land Rover said that the chip shortage was dynamic and difficult to forecast and expected it to continue for a long time. It said that sales would be affected with deliveries in the second quarter being 50% worse.

Gadkari shared his vision to achieve a 50% reduction in road accident deaths by 2025 and zero accidents and deaths by 2030. He mandated safety audits at all stages of road development to reduce accidents.

According to the data generated by FADA, the auto industry is back in recovery mode after experiencing troubling times in the month of April and May.

The company is in talks with automakers to supply batteries manufactured at its potential U.S. factory. It might invest $2.62 billion to manufacture batteries for Stellantis and $870 million for Rivian.

Researchers in Britain and the United States have found ways to recycle electric vehicle batteries that can drastically cut costs and carbon emissions.

The prices of entry-level two-wheelers are likely to be impacted due to the sustained increase in commodity prices. Most automakers have resumed operations from the middle of May as infections started to drop.

India is expected to be the world's third-largest automotive market in terms of volume by 2026 and is currently valued at $118 bn. Despite the ongoing pandemic, the Indian auto industry has shown immense resilience and is facing the challenges posed by the pandemic head-on. The government is also taking adequate initiatives to boost the auto industry by offering product-linked incentives, scrappage policy etc. Manav Kapur, Executive Director, Steelbird International, delves into the automotive sector rapidly integrating technologies in the coming future.

Toyota Kirloskar Motor (TKM) signed a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA) for training auto parts manufacturers on best practices.

The Society of Indian Automobile Manufacturers (SIAM) conducted a virtual interactive session themed ‘Ecosystem Restoration: Initiatives by Indian Auto Industry’ to observe World Environment Day.