News

Passenger vehicle sales in India up 26.7% in FY23: SIAM Synopsis India's passenger vehicle sales grew 26.7% in the fiscal year 2022-23, as chip shortages eased and demand for sport utility vehicles (SUVs) surged, auto industry body SIAM…

Govt working to make India a global automobile manufacturing hub: Union Minister Nitin Gadkari Synopsis "The auto sector gives direct and indirect employment to around 4 crore people and this number is expected to grow to 5 crore by 2025.…

February Auto Sales Preview: Growth momentum in cars, trucks and buses likely to continue; bikes may see demand revival February Auto Sales Preview: Passenger and commercial vehicles are expected to post good sales numbers in February,…

Samsung to manufacture premium Galaxy S23 smartphones in India Korean smart devices maker Samsung on Thursday said it will manufacture its premium Galaxy S23 smartphones in India to cater to local market requirements. The…

Suzuki Motor reveals Growth Strategy focusing on EV business Suzuki Motor, as part of its Growth Strategy for FY2030, said it will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital…

Zypp Electric launches new EV fleet management app for logistics businesses Currently, Zypp operates a fleet of over 8,000 vehicles for managing last-mile deliveries for Zomato, Swiggy, Zepto, BlinkIt, BigBasket, Amazon,…

Greaves Cotton partners UK’s Eta Green Power for EV technology As per the understanding Greaves Cotton will get exlusive access for Eta Green Power’s electric vehicle technology in India for two- and three-wheeler applications.…

Union Budget 2023: FY24 Budget Should be Favourable to EV like the FY23 Budget With the budget 2023-24 fast approaching, key industries have come out with their wishlist from the government to help streamline businesses and…

Maruti to launch its first EV in FY24, a year ahead of schedule The company’s first electric vehicle will be based on the eVX concept which was showcased at the recently concluded Auto Expo and was unveiled by Toshihiro Suzuki,…

LG CEO Expects EV Parts Business To Take Off This Year The tech company forecast its EV business to have turned to a profit last year and to continue to make profits throughout the new year. LG Electronics’s chief executive…