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ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

autherAutocar Pro News Desk     calendar14 Nov 2022

The rating agency anticipates this growth on the back of strong local demand and pent-up aftermarket demand, despite challenges with export.

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Hero MotoCorp opens first Vida showroom in Bengaluru News National
Hero MotoCorp opens first Vida showroom in Bengaluru

autherAutocar Pro News Desk calendar14 Nov 2022

Two more dedicated Vida Experience Centers are to be inaugurated soon – one each in in Jaipur and Delhi – with custome...

Yulu gets $9 million green loan nod from US government arm News
Yulu gets $9 million green loan nod from US government arm

autherAutocar Pro News Desk calendar14 Nov 2022

The US government’s Development Finance Corporation approved the loan as part of their $2.3 billion committed for Clim...

BYD India prices Atto 3 e-SUV at Rs 33.99 lakh, has 1,500 bookings News National
BYD India prices Atto 3 e-SUV at Rs 33.99 lakh, has 1,500 bookings

autherAutocar Pro News Desk calendar14 Nov 2022

With the Atto 3, BYD India is targeting premium customers who are in the market for a tech-laden electric SUV.

Suzuki and PowerX to explore biz potential for ultrafast EV chargers in Japan and India News International
Suzuki and PowerX to explore biz potential for ultrafast EV chargers in Japan and India

By Ajit Dalvi calendar14 Nov 2022

The PowerX Hypercharger is a battery-integrated EV charger that enables ultrafast EV charging with renewable energy.

All problems taken care of, Mahindra now in a growth mode: Anish Shah, MD, Mahindra & Mahindra News
All problems taken care of, Mahindra now in a growth mode: Anish Shah, MD, Mahindra & Mahindra

By Amit Vijay M and Ketan Thakkar calendar12 Nov 2022

M&M says their mid-term targets of attaining 18 percent ROE, 15-20 percent growth in earnings per share and creating a...

Turkiye’s first-ever EV rolls out ahead of launch in 2023 News International
Turkiye’s first-ever EV rolls out ahead of launch in 2023

By Ajit Dalvi calendar12 Nov 2022

Production of the zero-emissions SUV, Turkiye’s first-ever native vehicle, has begun at the Togg Gemlik plant in Bursa...

EV industry remains a big draw for PE/VC investments i­­n India Auto Inc News National
EV industry remains a big draw for PE/VC investments i­­n India Auto Inc

By T E Narasimhan calendar12 Nov 2022

Proactive government policies, growing consumer shift to EVs amid high petrol, diesel and CNG prices as well as a fast...

Zero, Hero MotoCorp’s EV partner, makes a splash at EICMA News International
Zero, Hero MotoCorp’s EV partner, makes a splash at EICMA

By Ajit Dalvi calendar11 Nov 2022

California-based Zero Motorcycles, which whom India’s Hero MotoCorp plans to co-develop EVs, displays its all-new DSR/...

Volvo begins deliveries of electric trucks with fossil-free steel to customers News International
Volvo begins deliveries of electric trucks with fossil-free steel to customers

autherAutocar Pro News Desk calendar10 Nov 2022

As the world’s first truck manufacturer to do so, Volvo has begun using fossil-free steel in its trucks. The first ele...