News Aug 11, 2021 Auto sales in India up 34% in July as COVID-19 restrictions ease: FADA Easing COVID-19 restrictions and opening dealerships led to robust sales in all vehicle segments. FADA shared a business outlook that demand and enquiry levels will continue to improve in all sectors.
News Aug 10, 2021 Tata Motors, Sundaram Finance collaborate for offers to customers To make its New Forever range more accessible in these challenging times, Tata Motors has rolled out finance offers for its passenger vehicle customers in collaboration with NBFC Sundaram Finance.
News Aug 05, 2021 Indian auto component industry sales declined by 3% The Automotive Component Manufacturers Association of India, ACMA has announced its findings on the automotive component industry.
News Aug 04, 2021 Indian EV industry records Rs 250.45 bn investments in the last 7 months This investment was collectively done by e2W, e4W, EV component makers, eCVs and last-mile delivery companies. Of the investments, 32% was by eCVs, 28% by e4W, 23% by e2W and 19% by EV component makers.
News Jul 31, 2021 Tata Motors launches Ace Gold Petrol CX commercial vehicle Tata Motors, launched an all-new variant of its most popular small commercial vehicle (SCV), the Ace Gold Petrol CX starting from Rs. 3.99 lakh.
News Jul 31, 2021 Cell Propulsion launches its first battery production line Cell Propulsion inaugurated its pilot production plant in Bengaluru for the manufacturing, assembly and testing of Li-ion battery packs in July this year.
News Jul 31, 2021 Ashok Leyland comes up with Switch Mobility Ltd for future-readiness Ashok Leyland has showcased its future readiness by coming up with the details of its latest strategic initiative - Switch Mobility Ltd, UK (Switch Mobility).
News Jul 29, 2021 Strong recovery in auto sector production and sales in June 2021 According to Ind-Ra (India Ratings and Research), the 193% sequential and 15% YoY increase in the domestic auto sales volumes in June 2021 was due to the relaxation of localised lockdowns.
News Jul 28, 2021 Omega Seiki Mobility to invest $300-600 mn in electric mobility biz The company plans to set up a manufacturing facility and an R&D centre in collaboration with an OEM in Europe. It will also foray into the African market besides expanding in the domestic EV space.