Author: Autocar_Professional India Online News

Three-wheeler passenger vehicle sales on a roll

SIAM’s numbers for the month of August indicate that three wheelers passenger vehicles have surged. India’s three-wheeler sales have surged in the first five months of the current fiscal to 102,115 up from 41,118 in the year-earlier period, SIAM said in its announcement last week of wholesales numbers. While three-wheeler sales rose to 39,000 units… Continue reading Three-wheeler passenger vehicle sales on a roll

Yulu gets fresh Rs 653 crore funding led by Magna International and Bajaj Auto

The Yulu Max battery swapping and charging station at Lajpat Nagar Metro Station, New Delhi Yulu, the shared electric Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) company, today announced the infusion of $82 million (Rs 653 crore) in Series B funding round, led by mobility technology company, Magna International Inc. Existing investors including Bajaj Auto also participated in the… Continue reading Yulu gets fresh Rs 653 crore funding led by Magna International and Bajaj Auto

Maruti Suzuki’s backlog grows to 417,000 units, bullish on demand for new Grand Vitara

Passenger vehicle market leader Maruti Suzuki India’s ‘problem’ of plenty has grown bigger. From the new vehicle bookings of 387,000 units it had a month ago and 280,000 units in Q1 FY2023, the company’s current cumulative pending orders has crossed the 400,000-unit mark at 417,000 units. This latest update was provided by Shashank Srivastava, Senior… Continue reading Maruti Suzuki’s backlog grows to 417,000 units, bullish on demand for new Grand Vitara

Hero Electric best-seller for second consecutive month, e2W sales cross 225,000 in April-August

Electric two-wheeler sales in India are on a roll and August 2022’s retail numbers are the best yet this fiscal: 50,475 units. While this is a massive 238% year-on-year increase on the pandemic-impacted August 2021’s 14,913 units, they constitute a more realistic 13% month-on-month growth over July 2022’s 44,595 units. Last month’s e-two-wheeler retails, as… Continue reading Hero Electric best-seller for second consecutive month, e2W sales cross 225,000 in April-August

Audi India installs over 100 EV chargers across 60 cities

Audi has announced installation of over 100 EV chargers across 60 cities in India. This total includes all Audi India dealerships, workshop facilities and select SAVWIPL Group brand dealerships located across strategic highways in the country. All Audi India dealerships are equipped with a 22kW charger and so far, 16 Audi India dealerships including Audi… Continue reading Audi India installs over 100 EV chargers across 60 cities

PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains

The automobile wholesales numbers for August 2022 are out, released by apex industry body Society of Indian Automobile Manufacturers (SIAM). Total despatches of three vehicle segments – passenger vehicles, two- and three-wheelers – add up to 18,77,072 units, up a strong 18% year on year (August 2021: 15,94,573 units). SIAM did not release the data… Continue reading PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains

August  PV production up 25 percent: SIAM

While domestic wholesale (despatches to dealers) of total passenger vehicles (PVs) has gone up by 21 percent year-on-year  at 281,210 units in August, compared to 2,32,224 units in same month last year, production of cars, utility vehicles and vans rose from 266,748 units to 333,484 units, up 25 percent YoY. Production figures are a good… Continue reading August  PV production up 25 percent: SIAM

Ashok Leyland explores Libertine’s tech platform for CVs

Chennai-based Ashok Leyland has signed an MoU with Libertine Holdings of the UK, a developer of clean, highly efficient, and fuel-flexible Linear Generator technology, to evaluate the use of Libertine’s technology platform for its commercial vehicle powertrains. As per the MoU, Ashok Leyland will conduct due diligence on Libertine’s technology and explore the scope for… Continue reading Ashok Leyland explores Libertine’s tech platform for CVs

Sona Comstar records 100,000 EV traction motors production milestone in 21 months

Sona Comstar’s range of components for electric two- and three-wheelers include BLDC motors, 48V starter belt generators and rigid as well as independent suspension e-axles for e-three-wheelers. Sona BLW Precision Forgings (Sona Comstar), one of India’s leading automotive technology companies, has achieved the 100,000 EV traction motor production milestone. Sona Comstar’s EV traction motor is a… Continue reading Sona Comstar records 100,000 EV traction motors production milestone in 21 months