Kia Corporation and Hyundai Motor Company signed a memorandum of understanding with Next Hydrogen Corporation, to jointly develop an alkaline water electrolysis system for generating green hydrogen.

India Ratings and Research (Ind-Ra) expects tractor sales volumes to grow in low-mid single digits of 3%-6% yoy in FY22, mainly on a higher base following the 27% yoy growth witnessed in FY21.

Bajaj Auto announced a price of Rs 1,54,176 for its Dominar 250, which now costs INR 16,800 less. The newly announced price is expected to grow the franchise further.

Two wheelers account for 26% of total road crash deaths in the country. With the Government mandating adoption of antilock braking systems (ABS) in motorcycle, the ride is expected to be safer and smooth. India has a poor record in road safety when it comes to driving. According to the government statistics, one serious road accident occurs every minute in the country and 16 die on Indian roads every hour.

Winds of change are blowing slowly across the shop floors of Hero MotoCorp, Bajaj Auto and Yamaha with women taking up tools to partake in manufacturing of two-wheelers, which has so far been a male bastion.

India’s love for lifestyle biking has led to the 250cc and above motorcycle segment clocking the highest growth in the auto industry. At over 31 per cent growth in the just concluded fiscal — a rate of growth higher than the top gear UV market — this segment is now worth 6,76,227 units, up from 5,15,448 units in FY15-16.

ajaj Auto has named its 400 cc motorcycle 'Dominar 400' and already commenced its production at Chakan plant. Dominar is derived from a Spanish word, which means to excel or exceed in power.