Hyundai Motor India’s managing director, Unsoo Kim, admitted that the company underestimated India’s EV market initially, leading it to be late in addressing the opportunity. “We couldn’t expect India’s EV market to grow so positively,” said Kim, speaking at the Bharat Mobility Global Expo 2025. “That’s why we are a little late.” At the same… Continue reading Unsoo Kim says Hyundai understimated Indian EV market initially, not worried about catching up
Author: Autocar_Professional India Online News
Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Hyundai Motor Company and TVS Motor Company announced at the Bharat Mobility Global Expo 2025 that they will explore a partnership aimed at developing advanced electric three-wheelers and micro four-wheelers. Hyundai unveiled its Micro Mobility Concept EVs at the event. The potential collaboration is set to address India’s growing demand for last-mile connectivity solutions, with… Continue reading Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Hyundai Motor Company and TVS Motor Company announced at the Bharat Mobility Global Expo 2025 that they will explore a partnership aimed at developing advanced electric three-wheelers and micro four-wheelers. Hyundai unveiled its Micro Mobility Concept EVs at the event. The potential collaboration is set to address India’s growing demand for last-mile connectivity solutions, with… Continue reading Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Porsche India crosses 1,000 sales in 2024, growth up by 10%
Porsche India recorded one-thousand-sales mark for the first time with 1,006 vehicles sold in 2024. This represents a 10% increase over the previous year, driven by the successful introduction of new models such as the Porsche 911, Panamera, and the Cayenne SUV, which debuted in late 2023, the company said. At the Bharat Mobility Global… Continue reading Porsche India crosses 1,000 sales in 2024, growth up by 10%
Porsche India crosses 1,000 sales in 2024, growth up by 10%
Porsche India recorded one-thousand-sales mark for the first time with 1,006 vehicles sold in 2024. This represents a 10% increase over the previous year, driven by the successful introduction of new models such as the Porsche 911, Panamera, and the Cayenne SUV, which debuted in late 2023, the company said. At the Bharat Mobility Global… Continue reading Porsche India crosses 1,000 sales in 2024, growth up by 10%
EXCLUSIVE: Bajaj Auto explores partnership with quadricycle maker
Bajaj Auto, India’s largest two-wheeler exporter, is in talks with Swiss startup Micro Mobility Systems about a strategic partnership to produce and export electric quadricycles, including the acquisition of a significant minority stake by the Pune-based firm in Micro Mobility Systems. Sources say the Micro Mobility partnership talks are similar to Bajaj Auto’s alliances with… Continue reading EXCLUSIVE: Bajaj Auto explores partnership with quadricycle maker
JSW Group in talks with multiple technology partners to expand beyond electric PVs
JSW Group, which already has a EV tie-up with China’s SAIC, is looking to expand its mobility business by entering into different segments like electric buses, trucks, cars and battery manufacturing through technology partnerships with multiple companies. “Despite of whatever the competition is doing, not enough is being done on new energy vehicles. So, whether… Continue reading JSW Group in talks with multiple technology partners to expand beyond electric PVs
JSW Group in talks with multiple technology partners to expand beyond electric PVs
JSW Group, which already has a EV tie-up with China’s SAIC, is looking to expand its mobility business by entering into different segments like electric buses, trucks, cars and battery manufacturing through technology partnerships with multiple companies. “Despite of whatever the competition is doing, not enough is being done on new energy vehicles. So, whether… Continue reading JSW Group in talks with multiple technology partners to expand beyond electric PVs
JSW Group in talks with multiple technology partners to expand beyond electric PVs
JSW Group, which already has a EV tie-up with China’s SAIC, is looking to expand its mobility business by entering into different segments like electric buses, trucks, cars and battery manufacturing through technology partnerships with multiple companies. “Despite of whatever the competition is doing, not enough is being done on new energy vehicles. So, whether… Continue reading JSW Group in talks with multiple technology partners to expand beyond electric PVs
Urging govt to cut GST on plug-in hybrids for at least 3 years: JSW’s Parth Jindal
JSW MG Motor India’s director, Parth Jindal seeks a lower goods and services tax (GST) on plug-in hybrids from the current 45% in order to incentivize the hybrid technology which according to him is the “right transition technology” for India. The company said at least half its new launches will be plug-in hybrids by 2026.… Continue reading Urging govt to cut GST on plug-in hybrids for at least 3 years: JSW’s Parth Jindal