According to ICRA’s analysis, truck electrification is expected to reach approximately 2 percent by end-FY2026, up from current minimal levels. The scheme provides demand incentives that reduce e-truck purchase costs by 8-10 percent for buyers. PM E-Drive Scheme for e- trucks to propel faster adoption of electrification in the N2 and N3 category trucks. Truck… Continue reading PM E-Drive Scheme for E-Trucks Launched with Rs 500 Crore Outlay: ICRA
Author: Autocar_Professional India Online News
Bajaj Auto Faces EV Production Halt in August Amid Rare Earth Shortage: Reports
Bajaj Auto is staring at an imminent production halt in August due to an acute shortage of heavy rare earth magnets, a critical component in electric vehicle (EV) motors, according to The Economic Times report. Managing Director Rajiv Bajaj has warned of major disruptions not only to the company’s electric portfolio but also to the… Continue reading Bajaj Auto Faces EV Production Halt in August Amid Rare Earth Shortage: Reports
Bajaj Auto Faces EV Production Halt in August Amid Rare Earth Shortage: Reports
Bajaj Auto is staring at an imminent production halt in August due to an acute shortage of heavy rare earth magnets, a critical component in electric vehicle (EV) motors, according to The Economic Times report. Managing Director Rajiv Bajaj has warned of major disruptions not only to the company’s electric portfolio but also to the… Continue reading Bajaj Auto Faces EV Production Halt in August Amid Rare Earth Shortage: Reports
Exclusive: Top 10 models command 64% of India’s car and SUV exports in Q1 FY2026
Every vehicle segment has its movers and shakers and the Top 10 exported passenger vehicles are no different. The first quarter of FY2026 – April-June 2025 – saw India Passenger Vehicle Inc register its highest-ever exports of 204,330 units, up 13% YoY (Q1 FY2025: 180,483 units). Sixty-four percent of this record total belongs to the… Continue reading Exclusive: Top 10 models command 64% of India’s car and SUV exports in Q1 FY2026
Exclusive: Top 10 models command 64% of India’s car and SUV exports in Q1 FY2026
Every vehicle segment has its movers and shakers and the Top 10 exported passenger vehicles are no different. The first quarter of FY2026 – April-June 2025 – saw India Passenger Vehicle Inc register its highest-ever exports of 204,330 units, up 13% YoY (Q1 FY2025: 180,483 units). Sixty-four percent of this record total belongs to the… Continue reading Exclusive: Top 10 models command 64% of India’s car and SUV exports in Q1 FY2026
Kia Syros, Skoda Kylaq separated by 657 units 6 months after launch
The Kia Syros and the Skoda Kylaq, the two newest models in the ultra-competitive compact SUV segment, continue to make news since their market entry in January 2025. Six months down the line, these two models’ combined wholesales at 48,085 units accounts for a 7% share of the estimated 694,855 compact SUVs which OEMs have… Continue reading Kia Syros, Skoda Kylaq separated by 657 units 6 months after launch
Kia Syros, Skoda Kylaq separated by 657 units 6 months after launch
The Kia Syros and the Skoda Kylaq, the two newest models in the ultra-competitive compact SUV segment, continue to make news since their market entry in January 2025. Six months down the line, these two models’ combined wholesales at 48,085 units accounts for a 7% share of the estimated 694,855 compact SUVs which OEMs have… Continue reading Kia Syros, Skoda Kylaq separated by 657 units 6 months after launch
India-UK FTA to cut import duty on ICE cars to 10% in 5 years
The India-UK Free Trade Agreement (FTA) will progressively slash the basic customs duty on internal combustion engine (ICE) passenger vehicles to as low as 10% over the next five years, according to a document from the Ministry of Commerce. The FTA has introduced phased reductions in India’s currently steep customs duties, ranging from 66% to… Continue reading India-UK FTA to cut import duty on ICE cars to 10% in 5 years
Full Analysis of India-UK Free Trade Agreement
The India-United Kingdom Free Trade Agreement (FTA), signed on July 24, 2025, represents an important moment in bilateral economic relations between the world’s fifth and sixth-largest economies. The agreement, formally known as the Comprehensive Economic and Trade Agreement (CETA), aims to double bilateral trade from the current $60 billion to over $100 billion by 2030,… Continue reading Full Analysis of India-UK Free Trade Agreement
India-UK FTA: No Duty Cut For Lower Priced Electric, Hybrid Cars
The India-UK Free Trade Agreement (FTA) has explicitly excluded battery, hybrid and hydrogen-powered passenger cars priced under £40,000 (approximately Rs 44 lakh) from any import duty cuts, a move aimed at shielding the domestic manufacturers. The basic customs duty on these cars will remain 70%. There will be no import duty concessions for any of these… Continue reading India-UK FTA: No Duty Cut For Lower Priced Electric, Hybrid Cars