TOP STORY

Electric car and SUV OEMs sell 6,300 units in May, down 18%

Ajit Dalvi     calendar01 Jun 2024

Following a good FY2025 opening with retails of 6,943 units in April, demand was tepid in May at 6,311 units, down 18% YoY and 10% MoM. Tata Motors with 4,442 units has a 70% market share, followed by MG Motor India and Mahindra & Mahindra....

LATEST

Strong demand for e3Ws helps EV industry clock 123,000 units in May Analysis Sales
Strong demand for e3Ws helps EV industry clock 123,000 units in May

By Ajit Dalvi calendar01 Jun 2024

With over 53,000 units retailed in May 2024, three-wheeler segment registers strong 27% MoM and 17% YoY growth, helpin...

‘We aim to identify sustainability solutions that have elements of technology and design:’ Toyota Mobility Foundation’s Prasanna Ganesh Interview
‘We aim to identify sustainability solutions that have elements of technology and design:’ Toyota Mobility Foundation’s Prasanna Ganesh

By Mayank Dhingra calendar31 May 2024

With India’s Varanasi emerging as one of the three global cities to host innovation challenges under Toyota Mobility F...

Tata Motors ramps up R&D spending by 45% in FY24, focuses on EVs and hydrogen tech News
Tata Motors ramps up R&D spending by 45% in FY24, focuses on EVs and hydrogen tech

By Shahkar Abidi and Ketan Thakkar calendar31 May 2024

The surge in R&D expenditure reflects Tata Motors' strategic focus on developing a future-proof product portfolio.

National Stock Exchange launches India’s first electric vehicle index News
National Stock Exchange launches India’s first electric vehicle index

By Kiran Murali calendar30 May 2024

The new Nifty EV & New Age Automotive index will track the performance of companies that are part of the electric vehi...

Gabriel India to double sunroof capacity by FY25 end News
Gabriel India to double sunroof capacity by FY25 end

By Shahkar Abidi calendar30 May 2024

The company secured business from Hyundai and expects significant volume from Kia, prompting the expansion announced b...

Hero FinCorp to raise Rs 4,000 crore through IPO News
Hero FinCorp to raise Rs 4,000 crore through IPO

By Kiran Murali calendar30 May 2024

The NBFC’s board has approved the IPO, which also comprises an offer for sales by certain existing company shareholder...

VinFast reveals VF 3 electric SUV specifications News International
VinFast reveals VF 3 electric SUV specifications

By Sahil Kukreja, Autocar India calendar30 May 2024

While there is no confirmation about the VF 3’s India launch, the model’s design was patented in India a few months ag...

Nissan begins shift to low-CO2 emission aluminium parts News International
Nissan begins shift to low-CO2 emission aluminium parts

autherAutocar Pro News Desk calendar30 May 2024

Nissan aims to take a significant step towards achieving carbon neutrality and will gradually transition to using low ...

Fiem Industries earmarks capex of Rs 250–300 crore for three years News
Fiem Industries earmarks capex of Rs 250–300 crore for three years

By Shahkar Abidi calendar29 May 2024

The company had a capex of Rs 85.86 crore in FY24.