Gujarat government plans to unveil its Green Hydrogen Policy by March 2024 

The Gujarat government’s draft policy for green hydrogen manufacturing to reduce carbon emissions by 45% by 2030 will be ready within two months, said Kanubhai Desai, Minister of Energy, Petrochemicals and Finance.  He was addressing a session on green hydrogen and renewable energy at the 10th Vibrant Gujarat Summit held in Gandhinagar, Gujarat. The Gujarat… Continue reading Gujarat government plans to unveil its Green Hydrogen Policy by March 2024 

Skoda Auto Volkswagen India clocks 101,465 units in CY23, to begin parts exports to Vietnam in CY24

Volkswagen Group’s Indian arm – Skoda Auto Volkswagen India – recorded its second consecutive year to surpass the 100,000-unit mark in domestic sales volumes in the country, with overall sales of 101,465 units, registering a 4 percent year-on-year growth. The Group saw over 10,000 cars getting delivered to customers in the month of December 2023… Continue reading Skoda Auto Volkswagen India clocks 101,465 units in CY23, to begin parts exports to Vietnam in CY24

MG Astor now available from Rs 9.98 lakh

MG Motor India has rejigged the Astor SUV’s line-up, with a new entry-level Sprint variant starting at Rs 9.98 lakh. The Creta-rivalling midsize SUV tops out at Rs 17.88 lakh for the top-spec Savvy Pro variant. The Astor also gets new features on its top-spec trim, and now has the most affordable starting price among all midsize SUVs… Continue reading MG Astor now available from Rs 9.98 lakh

STMicroelectronics unveils new organisational structure

STMicroelectronics, a global semiconductor leader, has announced its new organisation effective February 5th, 2024, aimed at boosting product development innovation, efficiency, and customer focus. The reorganisation involves splitting the company into two Product Groups: Analog, Power & Discrete, MEMS and Sensors (APMS) led by Marco Cassis, and Microcontrollers, Digital ICs, and RF products (MDRF) led… Continue reading STMicroelectronics unveils new organisational structure

Solera global survey reveals drivers’ willingness to switch insurers for greener policies

Solera Inc, a leading global provider of vehicle lifecycle management software-as-a-service (SaaS), data, and services, conducted a survey involving 10,000 drivers from the UK, France, Australia, Germany, and Spain, revealing that 75% of respondents would consider switching to insurers offering greener policies. An additional worldwide survey within the auto insurance industry indicated that providers are… Continue reading Solera global survey reveals drivers’ willingness to switch insurers for greener policies

CY2023 wholesales rise 10% at 22.8 million units but still below 2018’s record 26.7 million units

India Auto Inc has had a good CY2023 with OEM dispatches nearing the 23 million-units mark as a result of all four vehicle segments recording good growth. Last year saw passenger vehicle wholesales soar to a record 4.1 million units and three-wheeler sales jump 63% YoY to 680,550 units. Nevertheless, seen in the context of… Continue reading CY2023 wholesales rise 10% at 22.8 million units but still below 2018’s record 26.7 million units

McLaren launches 750S in India at Rs 5.91 crore

McLaren has launched the new 750S supercar in India, with prices starting from Rs. 5.91 crore. Essentially a replacement of the 720S, the 750S is available in both Coupe and Spider guises in India. McLaren claims it is their lightest and most powerful series-production car yet, and makes notable advances in weight-saving, performance and aerodynamics over the outgoing 720S.… Continue reading McLaren launches 750S in India at Rs 5.91 crore

Tata Passenger Electric Mobility commences production at new facility in Sanand, Gujarat

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, has officially begun production of passenger vehicles at its new factory in Sanand, Gujarat. The inauguration of the facility and the rollout of the first Tata-branded car were celebrated in the presence of TPEM Managing Director, Shailesh Chandra, and the leadership team from the… Continue reading Tata Passenger Electric Mobility commences production at new facility in Sanand, Gujarat

Vibrant Gujarat Summit witnesses MoUs worth Rs 10 lakh crore in renewable energy sector

The development should be seen in the context of India’s automotive energy, which is looking to transition towards cleaner automotive fuels, including electric vehicles, hydrogen, and biofuels, among others. The 10th edition of the Vibrant Gujarat Summit, which is  being  held in Gandhi Nagar has so far witnessed Memorandums of Understanding (MoUs) worth over Rs… Continue reading Vibrant Gujarat Summit witnesses MoUs worth Rs 10 lakh crore in renewable energy sector

Mitsui looking to export Eka Mobility’s e-buses in next 3-4 years

Japan-headquartered Mitsui & Co. Ltd., a trading and investing company that recently announced investments in Pinnacle Mobility, an electric bus and small commercial vehicle manufacturer, is now looking at facilitating its exports to African, Middle Eastern, and European countries within the next 3–4 years.   Mitsui, in December last year, along with Dutch EV bus manufacturer VDL, announced an investment of USD 100… Continue reading Mitsui looking to export Eka Mobility’s e-buses in next 3-4 years