In a bid to capitalise on the government’s push for ethanol as one of the alternatives to fossil fuels, India’s largest fuel retailer Indian Oil Corp opened the country’s first ethanol pump in Delhi. The fuel, named, Ethanol 100, will cater to vehicles that can run on ethanol and is available at around 183 fuel… Continue reading Indian Oil opens ethanol fuel pump; Ethanol now available at 183 outlets
Author: Autocar_Professional India Online News
Blue Energy Motors to raise USD 100 million (Rs 760 crore) to fund EV expansion
Blue Energy Motors, a leading liquefied natural gas (LNG) truck manufacturer, is seeking to secure UDS 100 million in funding to support its foray into the electric vehicle market. The entire process of fund raising is expected to conclude within the next three to six months, Anirudh Bhuwalka, CEO of Blue Energy Motors, told Autocar… Continue reading Blue Energy Motors to raise USD 100 million (Rs 760 crore) to fund EV expansion
ACMA welcomes e-vehicle policy, says will foster innovation in auto sector
ACMA, the apex body representing India’s auto component sector, has welcomed the Government’s announcement of the e-vehicle policy. Shradha Suri Marwah, President ACMA & CMD Subros Ltd, said, “The EV Policy marks another significant step towards accelerating the adoption of cutting-edge technology and fostering innovation in India’s automotive sector.” “The policy not only aims to attract… Continue reading ACMA welcomes e-vehicle policy, says will foster innovation in auto sector
Skoda reveals Epiq electric concept
Skoda has just revealed the design of its Epiq compact SUV. Measuring only 4.1 metres in length and expected to see the light of day in 2025, the Skoda Epiq will cost around Euro 25,000 (Rs 19 lakh-23 lakh). In Europe, the Epiq EV will replace the Skoda Kamiq and VW T-Cross (our Kushaq and Taigun, respectively), and we… Continue reading Skoda reveals Epiq electric concept
Toyota’s rebadged version of Maruti Suzuki Fronx unveils on April 3
Toyota’s rebadged version of the Maruti Suzuki Fronx has been anticipated for long, and the company has now officially confirmed its debut on April 3. In August 2023, Toyota trademarked the “Urban Cruiser Taisor’ nameplate in India, which is what we expect the rebadged Fronx will be called. As is the case with the existing shared models between both… Continue reading Toyota’s rebadged version of Maruti Suzuki Fronx unveils on April 3
Swaraj Tractors launches ‘Josh Ka Swaran Utsav’ nationwide campaign to honour Indian farmers
The campaign includes tractor rallies, customer meets, and other events, bringing together Swaraj’s sales team, local farmers, channel partners, and influencers. Swaraj Tractors, a part of the Mahindra Group, has kicked off the nationwide van campaign ‘Josh Ka Swaran Utsav’ coinciding with the brand’s Golden Jubilee. The campaign aims to pay tribute to Indian farmers… Continue reading Swaraj Tractors launches ‘Josh Ka Swaran Utsav’ nationwide campaign to honour Indian farmers
Lexus launches LM 350h luxury MPV at Rs 2 crore
Lexus India has launched its LM 350h luxury MPV in India at a starting price of Rs 2 crore. The LM 350h is now the flagship Lexus model in India, while it also cements its position as the most expensive MPV in India, overtaking its cousin Toyota Vellfire which is priced from Rs 1.2 crore. Being the most premium MPV… Continue reading Lexus launches LM 350h luxury MPV at Rs 2 crore
Plastic Omnium expands presence in India with new plant and R&D center in Pune
Plastic Omnium, a global leader in automotive components and solutions, celebrated the groundbreaking of its fifth manufacturing plant and the inauguration of a new Technical Centre in Pune. The new manufacturing facility, covering 10 acres and spread over 20,000 sq. meters in Phase I, is equipped with state-of-the-art production technology to meet the rising demand… Continue reading Plastic Omnium expands presence in India with new plant and R&D center in Pune
New EV incentive scheme will increase e-2W costs by 10% vis-a-vis FAME 2: ICRA
The initial purchase cost of an electric two-wheeler would increase by 10% with the implementation of the Central Government’s recently announced Electric Mobility Promotion Scheme (EMPS) 2024. Moreover, this would make the initial purchase cost of an e-2W over 70% more expensive, AS compared to a petrol scooter, claims rating agency ICRA. Though the reduction… Continue reading New EV incentive scheme will increase e-2W costs by 10% vis-a-vis FAME 2: ICRA
Govt approves new EV policy; To cut import tax on cars to 15%, paves way for Tesla’s India entry
Paving the way for the entry of more global automakers in the country, the centre today announced a much-anticipated electric vehicle policy that significantly cuts the import duty on electric cars to 15% from the current 70% for five years. This lower import duty is applicable only if companies commit to a minimum investment of… Continue reading Govt approves new EV policy; To cut import tax on cars to 15%, paves way for Tesla’s India entry