Delhi Transport Minister Kailash Gahlot on Thursday said the Electric Vehicles Policy 2.0 will look at incentivising retrofitting of vehicles considering its high cost. In an interview to PTI, the minister said that since the new policy is in the works, they will extend the existing policy by six months or until the new one… Continue reading Under Delhi EV Policy 2.0, government to consider incentivising retrofitting of vehicles: Minister: PTI
Author: Autocar_Professional India Online News
Under Delhi EV Policy 2.0, government to consider incentivising retrofitting of vehicles: Minister: PTI
Delhi Transport Minister Kailash Gahlot on Thursday said the Electric Vehicles Policy 2.0 will look at incentivising retrofitting of vehicles considering its high cost. In an interview to PTI, the minister said that since the new policy is in the works, they will extend the existing policy by six months or until the new one… Continue reading Under Delhi EV Policy 2.0, government to consider incentivising retrofitting of vehicles: Minister: PTI
Volkswagen Tayron three-row SUV confirmed for global markets
Volkswagen has confirmed the development of an all-new, three-row SUV as a successor to the Tiguan AllSpace, which will be retired after its current generation. This, as we have exclusively reported, will be sold as the ‘Tayron’ in India and other parts of the world, except the USA, where it will retain the ‘Tiguan’ moniker due to its popularity.… Continue reading Volkswagen Tayron three-row SUV confirmed for global markets
Jeep expects 1,000+ monthly sales with new Compass and Meridian variants
Jeep India recently launched new 4×2 diesel-automatic variants of the Compass, which the company claims has been “exclusively designed to be sold in India”. The company also rejigged the trims with more affordable manual variants, thereby making the Compass range more accessible to buyers. These were intended not just as mid-lifecycle updates, but important product interventions to boost falling… Continue reading Jeep expects 1,000+ monthly sales with new Compass and Meridian variants
Netradyne opens office in San Francisco
Netradyne, a Make-in-India provider of artificial intelligence and edge computing solutions focused on safety and driver coaching for commercial fleets, today announced the opening of its newest office in San Francisco’s Financial District neighbourhood. The boom in last-mile delivery combined with manufacturing reinvigoration around semiconductors and EVs is creating unprecedented demand for commercial fleets, fleet… Continue reading Netradyne opens office in San Francisco
Toshiba says US $14 billion takeover bid by JIP succeeds, set to go private: Report
Toshiba said on Thursday that a US $14 billion tender offer from PE firm Japan Industrial Partners (JIP) had ended in success – a deal that paves the way for the embattled industrial conglomerate to go private, Reuters reported. The JIP-led consortium saw 78.65% of Toshiba shares tendered, giving the group a majority of more… Continue reading Toshiba says US $14 billion takeover bid by JIP succeeds, set to go private: Report
Rising logistics demand expected to create 10 million Jobs in India by 2027 – TeamLease
Propelled by recent industry reforms including the government’s Production-Linked Incentive (PLI) scheme, robust production figures encompassing both domestic and export activities, as well as changing consumption patterns influenced by rising disposable incomes, decreasing inflation rates, innovative business models such as 3PL (Third-Party Logistics) and surging rural demand; India’s logistics industry is poised for rapid growth… Continue reading Rising logistics demand expected to create 10 million Jobs in India by 2027 – TeamLease
MG Motor is mulling establishing a second plant in India: PTI
MG Motor is mulling establishing a second plant in India, a company official told PTI. “We are exploring the option of putting up a second plant in India. It generally takes two to three years for a new plant to come into stream,” Gaurav Gupta, Deputy Managing Director of MG Motor India informed PTI. The Chinese… Continue reading MG Motor is mulling establishing a second plant in India: PTI
Electric Vehicle Cybersecurity: Assessing the Vulnerability of EVs to Cyberattacks
As a rapidly growing economy, India is on the verge of becoming a manufacturing hub for the electric vehicle (EV) industry. The Economic Survey 2023 predicts India’s domestic electric vehicle market will see a 49 percent compound annual growth rate (CAGR) between 2022 and 2030, with 10 million annual sales by 2030. However, as EV technology continues… Continue reading Electric Vehicle Cybersecurity: Assessing the Vulnerability of EVs to Cyberattacks
Electric Vehicle Cybersecurity: Assessing the Vulnerability of EVs to Cyberattacks
As a rapidly growing economy, India is on the verge of becoming a manufacturing hub for the electric vehicle (EV) industry. The Economic Survey 2023 predicts India’s domestic electric vehicle market will see a 49 percent compound annual growth rate (CAGR) between 2022 and 2030, with 10 million annual sales by 2030. However, as EV technology continues… Continue reading Electric Vehicle Cybersecurity: Assessing the Vulnerability of EVs to Cyberattacks