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Electric 2-wheelers to become cheaper than ICE variants in 4-5 years - report

autherAutocar Pro News Desk     calendar12 Jul 2024

Under the ₹15,000 per kWh subsidy scenario, upfront cost parity for short- and mid-range E2Ws would be expected to emerge in 2025–27." However, it warns that under the current reduced subsidy of ₹10,000 per kWh, "the attainment of upfront c...

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SIAM confident automakers will address rising dealer inventory News
SIAM confident automakers will address rising dealer inventory

By Mayank Dhingra calendar12 Jul 2024

Society of Indian Automobile Manufacturers (SIAM) has sought to allay concerns over rising PV inventories in the count...

JLR to roll out Pirelli FSC-certified natural rubber tyres across its range News International
JLR to roll out Pirelli FSC-certified natural rubber tyres across its range

autherAutocar Pro News Desk calendar12 Jul 2024

The British luxury car manufacturer will be the first to adopt FSC‑certified tyres at scale, transitioning all tyres f...

Volvo sells 388,073 cars in H1 2024, up 14%, electrified models share rises to 45% News International
Volvo sells 388,073 cars in H1 2024, up 14%, electrified models share rises to 45%

By Ajit Dalvi calendar12 Jul 2024

In the first six months of 2024, sales of electrified models at 173,668 units were up 27% YoY and accounted for 44% of...

MG Motor India’s EV penetration in H1CY24 sales at 33% News
MG Motor India’s EV penetration in H1CY24 sales at 33%

autherAutocar Pro News Desk calendar11 Jul 2024

ZS EV which has been consistently building volumes since the beginning of 2024, overtook the Nexon EV for the first ti...

BMW Group registers 25% growth in EV sales globally in H1 2024 News
BMW Group registers 25% growth in EV sales globally in H1 2024

autherAutocar Pro News Desk calendar10 Jul 2024

BMW is bullish about potential of BEVs and upper-premium segment cars, including the BMW 7 Series which registered 22%...

Hyundai Exter sells 93,600 units in first year of launch Analysis Sales
Hyundai Exter sells 93,600 units in first year of launch

By Ajit Dalvi calendar10 Jul 2024

Hyundai Motor India’s Exter compact SUV, launched on July 10, 2023, has become the company’s third best-selling SUV af...

Stellantis extends hybrid powertrain to more brands as European demand grows News International
Stellantis extends hybrid powertrain to more brands as European demand grows

autherAutocar Pro News Desk calendar10 Jul 2024

The 14-brand automaker, which has posted a 41% sales increase in 2024 YTD against 2023 YTD in EU30 hybrid models, is t...

Tata Motors SUVs hit two million sales, Nexon crosses 700,000 and Punch 400,000  Analysis Sales
Tata Motors SUVs hit two million sales, Nexon crosses 700,000 and Punch 400,000 

By Ajit Dalvi calendar10 Jul 2024

Tata Motors’ resurgence in the passenger vehicle market is a result of sustained and strong demand for its SUVs in the...

Uttar Pradesh waives road tax on strong hybrid cars; Maruti Suzuki shares zoom 6% News
Uttar Pradesh waives road tax on strong hybrid cars; Maruti Suzuki shares zoom 6%

By Kiran Murali calendar09 Jul 2024

Uttar Pradesh is now offering a 100% waiver on road tax for strong hybrid electric vehicles, making the on-road prices...