Subsidies will vary by vehicle type and segment, making adoption economically viable. Incentives also include exemption from vehicle tax. Taking a step towards environment-friendly transport in Diamond City, the Surat Municipal Corporation (SMC) on Friday launched its Green Vehicle Policy (GVP) 2025 on Friday, setting an ambitious target of at least 50 per cent of… Continue reading Surat targets 50% EV share on roads by 2030
Author: Economic Times of India Online News
July auto despatches: PVs in lower gear, two-wheelers hold firm
Growth during the month was largely led by the compact segment, comprising models such as the Baleno, Celerio, Dzire, Ignis, Swift, and WagonR. New Delhi: Passenger vehicle wholesales remained sluggish in July 2025 as OEM despatches to dealerships reflected weak market sentiment and lack of fresh demand. While most carmakers reported flat or declining wholesales,… Continue reading July auto despatches: PVs in lower gear, two-wheelers hold firm
Tesla to launch first charging station in India, begins rollout from Mumbai
To support home charging, Tesla will also offer a complimentary wall connector installation with every new car purchase, the company added. American electric vehicle major Tesla is set to inaugurate its first charging station in India next week, marking a significant step in its formal entry into the Indian market, PTI reports. Located in Mumbai,… Continue reading Tesla to launch first charging station in India, begins rollout from Mumbai
From shopfloor to C-suite: Mahindra offers Diwali Esops to 14,000 employees
The Esop shares will be granted to employees on permanent payrolls with at least 12 months’ tenure in the group as of the announcement date. The Mahindra Group has announced a one-time employee stock ownership plan (Esop) grant for 12,000-14,000 employees, including shop floor workers for the first time ever. The move across three core… Continue reading From shopfloor to C-suite: Mahindra offers Diwali Esops to 14,000 employees
ICRA projects modest growth across Indian auto segments in FY26 amid mixed demand trends
India’s auto sector is set for moderate growth in FY26, driven by festive demand and economic recovery, despite supply chain and sentiment concerns, says ICRA. India’s automotive sector is expected to witness moderate growth across key segments in FY26, aided by improving macroeconomic conditions, festive demand and infrastructure push, even as concerns persist over supply… Continue reading ICRA projects modest growth across Indian auto segments in FY26 amid mixed demand trends
Indian Supercross Racing League gears up for high-octane season 2, announces 2025 calendar
The Indian Supercross Racing League has announced its Season 2 calendar, promising a grander return of the country’s only stadium-based motorsport league. The Indian Supercross Racing League (ISRL), in association with the Federation of Motor Sports Clubs of India (FMSCI), has unveiled the official calendar for its much-anticipated Season 2, promising a larger-than-life return of… Continue reading Indian Supercross Racing League gears up for high-octane season 2, announces 2025 calendar
Tata Motors reports 6% dip in July sales with 65,953 units
Passenger vehicle sales, including EVs, dropped 11 per cent year-on-year to 40,175 units. Tata Motors Ltd reported a 6 per cent year-on-year decline in total domestic sales for July 2025 at 65,953 units as against 70,161 units for the same period last year. Total sales reported at 69,131 units this year, down from 71,996 units… Continue reading Tata Motors reports 6% dip in July sales with 65,953 units
TVS Motor July sales surge 29% to 456,350 units
The company recorded its highest-ever two-wheeler exports, which rose 52 per cent to 130,070 units. Total exports—including three-wheelers—stood at 142,629 units, a 46 per cent year-on-year growth. TVS Motor Company posted robust growth in July 2025, registering total sales of 456,350 units, up 29 per cent from 354,140 units in July 2024. The strong performance… Continue reading TVS Motor July sales surge 29% to 456,350 units
Bajaj Auto sales up 3% to 3,66,000 units in July
Two-wheeler domestic sales stood at 1,39,279 units, down from 1,68,847 units in the same month last year. Bajaj Auto reported total sales of 3,66,000 units in July 2025, marking a 3 per cent year-on-year increase from 3,54,169 units sold in July 2024. This includes both two-wheelers and commercial vehicles across domestic and export markets. Exports… Continue reading Bajaj Auto sales up 3% to 3,66,000 units in July
Mahindra records 26% sales growth in July to 83,691 units
Exports registered strong growth during the month, increasing by 83 per cent to 2,774 units from 1,515 units in July 2024. Mahindra & Mahindra has reported auto sales of 83,691 units in July 2025, reflecting a 26 per cent year-on-year growth, inclusive of exports. The company’s performance was led by a strong showing in the… Continue reading Mahindra records 26% sales growth in July to 83,691 units