How to unlock Indian EV ecosystem’s growth potential?

In order to bring electric vehicles (EVs) in the mainstream segment of the Indian car market, the automotive industry is witnessing disruptions revolving around supply chain, sustainability as well as safety.  The second day of the Autocar Professional EV Forum – held virtually on November 28-29 – witnessed another round of thought-provoking discussions by some… Continue reading How to unlock Indian EV ecosystem’s growth potential?

‘Industry needs to push for localisation of motors, MCUs, transmission units for EVs’: R Velusamy

‘Industry needs to push for localisation of motors, MCUs, transmission units for EVs’: R Velusamy The electromobility supply chain has recently been under flurry of activities over the past few years. Production of EV components such as lithium-ion cells and motors witnessed strong interest from industry players, as well as reforms from the government for… Continue reading ‘Industry needs to push for localisation of motors, MCUs, transmission units for EVs’: R Velusamy

‘Industry needs to push for localisation of motors, MCUs, transmission units for EVs’: R Velusamy

‘Industry needs to push for localisation of motors, MCUs, transmission units for EVs’: R Velusamy The electromobility supply chain has recently been under flurry of activities over the past few years. Production of EV components such as lithium-ion cells and motors witnessed strong interest from industry players, as well as reforms from the government for… Continue reading ‘Industry needs to push for localisation of motors, MCUs, transmission units for EVs’: R Velusamy

India shines for Kia, accounts for 9% of global sales in first 11 months of 2022

Kia Corporation has reported total global sales of 252,825 units in November 2022, a 15% increase year-on-year (November 2021: 219,845). The Korean carmaker’s Indian arm – Kia India – sold 24,025 units, accounting for 9.5% of global sales last month. Kia’s global sales were led by its SUV line-up, with the Sportage (39,335 units) and… Continue reading India shines for Kia, accounts for 9% of global sales in first 11 months of 2022

Car and SUV sales rev past 300,000 units for sixth straight month in November

There’s no stopping the Indian passenger vehicle juggernaut. With 10 out of 16 OEMs announcing their November wholesales, which add up to 310,580 units (up 32%), this is the sixth month in a row that numbers have driven past the 300,000-unit count. Once SIAM officially releases the PV industry data later this month, it is… Continue reading Car and SUV sales rev past 300,000 units for sixth straight month in November

Mahindra & Mahindra sells 229,516 SUVs in April-November, drives past FY2022 total

Mahindra & Mahindra sells 229,516 SUVs in April-November, drives past FY2022 total Mahindra & Mahindra, which is among the OEMs making a speedy ride on the surging wave of demand for SUVs in India, has reported sale of 30,238 SUVs in November 2022, up 56% (November 2021: 19,384). The company also sold 154 e-Veritos, which… Continue reading Mahindra & Mahindra sells 229,516 SUVs in April-November, drives past FY2022 total

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27 The pre-owned car market in India, which has historically outpaced the new car market, is expected to grow even more over the next five years as a result of low car penetration, the move to digital, new car launches, shortening… Continue reading India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27 The pre-owned car market in India, which has historically outpaced the new car market, is expected to grow even more over the next five years as a result of low car penetration, the move to digital, new car launches, shortening… Continue reading India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27 The pre-owned car market in India, which has historically outpaced the new car market, is expected to grow even more over the next five years as a result of low car penetration, the move to digital, new car launches, shortening… Continue reading India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

Maruti Suzuki sales cross a million units in first eight months of FY2023

With India’s passenger vehicle market firing on all cylinders, it’s not surprising that the market leader is also making the most of the positive market sentiment. The company has reported wholesales of 132,395 units in November 2022, which is a 21% year-on-year increase (November 2021: 109,726). For the April-November 2022 period, cumulative sales have crossed… Continue reading Maruti Suzuki sales cross a million units in first eight months of FY2023