The study also underlines the growing significance of fast chargers, with 36 per cent of surveyed customers terming fast charging as a necessity rather than a luxury. India’s electric vehicle adoption is undergoing a massive shift, with 84 per cent of EV owners now using their vehicles as the primary mode of transport in 2025,… Continue reading EVs emerge as primary choice for 84% of Indian users: Report
Author: Economic Times of India Online News
Volkswagen launches ‘upgrade’ plan at as low as ₹2,000 per month; Check cars eligible for this upgrade
According to the company, the power upgrade allows a “sportier” driving experience without committing to a higher upfront purchase price. Volkswagen has introduced a subscription-based model in the UK that allows customers of its electric cars to unlock higher horsepower by paying extra, the BBC reported. The system applies to the ID.3 and ID.4 models,… Continue reading Volkswagen launches ‘upgrade’ plan at as low as ₹2,000 per month; Check cars eligible for this upgrade
China lifts export curbs on rare earth magnets to India
Rare earth magnets are critical inputs for electric vehicles, wind turbines, electronics and defence applications. China has lifted restrictions on exports of rare earth magnets to India, addressing one of New Delhi’s long-standing concerns, according to Indian media reports on Tuesday. The development coincides with Chinese Foreign Minister Wang Yi’s visit to India, where he… Continue reading China lifts export curbs on rare earth magnets to India
Helmet violations in Delhi double compared To 2024
It also showed a significant rise in cases involving defective helmets — 1,177 challans were issued last year compared to 2,424 this time. The number of cases involving two-wheeler riders without a helmet in the city surged by almost 100 per cent compared to 2024. Delhi Police data shows till Aug 15 this year, 4,39,295… Continue reading Helmet violations in Delhi double compared To 2024
Amid festivity, auto & electronics companies carry wait of GST on their shoulders
The GST Council is the apex decision-making body for the eight-year-old indirect tax. GST 2.0 will be the first major overhaul of the levy. Manufacturers of passenger vehicles, television sets and other consumer products are worried consumers may hold off purchases over the next two months in wait for the proposed GST cuts to be… Continue reading Amid festivity, auto & electronics companies carry wait of GST on their shoulders
Auto sector sees muted Q1 FY26; tractors only bright spot: Motilal Oswal
Rising input cost inflation and global tariff uncertainties remain additional headwinds, especially for export-focused auto ancillary players, the report cautioned. India’s automobile sector witnessed a subdued performance in the first quarter of FY26, with demand falling short of expectations across most categories except tractors, according to a report by Motilal Oswal Financial Services. Domestic auto… Continue reading Auto sector sees muted Q1 FY26; tractors only bright spot: Motilal Oswal
Tata Motors jumps 3% on potential GST cut boosting auto sector outlook
Tata Motors shares climb 3% to ₹684.95 on GST cut hopes, leading auto sector rally. Shares of Tata Motors rose 3 per cent to hit a day’s high of ₹684.95 on the BSE today after expectations of a cut in GST rates on automobiles triggered a rally across the auto sector. Analysts pointed out that… Continue reading Tata Motors jumps 3% on potential GST cut boosting auto sector outlook
Bajaj Auto starts Brazil journey on a high, gears up for long slog
Bajaj Dominar 400 Brazil has started off on a good note for Bajaj Auto but Rakesh Sharma, Executive Director, would rather adopt a wait-and-watch attitude. “Now I realise (how) all these movie producers feel like. They make a good movie but till the time it hits the screens, nobody knows it is going to be… Continue reading Bajaj Auto starts Brazil journey on a high, gears up for long slog
Proposed GST cut may boost auto jobs, benefit small carmakers: HSBC
HSBC noted that while a complete cess removal is unlikely, any reduction would support demand revival. The government’s plan to rationalise goods and services tax (GST) slabs could lift long-term automobile demand and create jobs, according to HSBC Global Investment Research, reports ANI. The government is considering reducing the 28 per cent GST slab to… Continue reading Proposed GST cut may boost auto jobs, benefit small carmakers: HSBC
₹1 cr fines imposed on 10,000 vehicles in Mumbai for flouting norms
A total of 10,051 spot e-challans were issued with penalties of ₹ 1,13,57,250 on vehicles. Mumbai Police have imposed challans on more than 10,000 vehicles with fines of over ₹ 1 crore for violation of traffic rules during the Dahi Handi festival in the city, officials said on Sunday. The festival, held to mark the… Continue reading ₹1 cr fines imposed on 10,000 vehicles in Mumbai for flouting norms