India aims to enhance its EV incentives to auto companies working on models at existing factories in India, rather than limiting the advantages to auto firms that look to build new plants, a person in the know informed Reuters. The country’s EV policy, still in the finalisation stages, was tailored in a manner to facilitate… Continue reading India to augment EV manufacturing incentives after Tesla disappoints: Report
Author: Autocar_Professional India Online News
Ultraviolette opens new experience centre in Chennai
Ultraviolette has inaugurated its latest experience centre in Chennai, a step in the company’s South Indian expansion. Located on Mount Road, the UV Space Station is designed to provide customers in Tamil Nadu with an immersive experience, bringing the brand’s high-performance electric motorcycles closer to motorcycling enthusiasts. The new facility is Ultraviolette’s seventh experience centre… Continue reading Ultraviolette opens new experience centre in Chennai
Ultraviolette opens new experience centre in Chennai
Ultraviolette has inaugurated its latest experience centre in Chennai, a step in the company’s South Indian expansion. Located on Mount Road, the UV Space Station is designed to provide customers in Tamil Nadu with an immersive experience, bringing the brand’s high-performance electric motorcycles closer to motorcycling enthusiasts. The new facility is Ultraviolette’s seventh experience centre… Continue reading Ultraviolette opens new experience centre in Chennai
Yulu partners with Electrie to launch shared electric mobility service in Kolkata
Shared electric mobility company Yulu launched its services in Kolkata, marking its first foray into eastern India through a franchise partner-led model. The initiative will be managed by Electrie, a venture founded by city-based industrialist Soham Misra. Electrie will operate Yulu’s DeX GR electric vehicles (EVs) and leverage its advanced technology platform in Kolkata’s Topsia,… Continue reading Yulu partners with Electrie to launch shared electric mobility service in Kolkata
BMW Motorrad India to increase prices across model range from January 2025
BMW Motorrad India announced a price increase of up to 2.5% across its entire range of motorcycles and scooters, effective January 1, 2025. The company attributed this price increase to rising input costs and inflationary pressures. According to the company, the revision will help sustain profitability while maintaining the brand’s commitment to quality, performance, and… Continue reading BMW Motorrad India to increase prices across model range from January 2025
Bharat Benz Torqshift tipper range wins bulk order for mining
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, has introduced its BharatBenz heavy-duty truck (HDT) range equipped with the globally acclaimed 12-speed Automated Manual Transmission (AMT) technology. The company has received a bulk order of 80 units for its 3532CM mining tippers from a single customer. BharatBenz expanded its product portfolio… Continue reading Bharat Benz Torqshift tipper range wins bulk order for mining
Luxury car market to grow at double the pace of mainstream market – Balbir Singh Dhillon
Balbir Singh Dhillon, head of Audi India, said the Indian luxury car market will continue to grow at double the pace of the country’s mainstream car market and reach 1 lakh units in annual sales by 2030. This will imply 100% growth in volumes from the 2024 base of 50,000 units. While the overall market… Continue reading Luxury car market to grow at double the pace of mainstream market – Balbir Singh Dhillon
Luxury car market to grow at double the pace of mainstream market: Balbir Singh Dhillon
The Indian luxury car market will continue to grow at double the pace of the mainstream car market and reach 1 lakh units in annual sales by 2030. That’s the word coming in from the head of Audi India, Balbir Singh Dhillon. This translates to a 100% growth in volumes from the 2024 base of… Continue reading Luxury car market to grow at double the pace of mainstream market: Balbir Singh Dhillon
M&M denies knowledge of potential emission penalties
Mahindra & Mahindra on Thursday clarified that it has no knowledge about any plans by the government to impose penalties on the company for allegedly missing emission targets, as reported by The Indian Express. A media report published on Thursday morning said car makers including Hyundai, Kia, Mahindra, and Honda have higher than mandated fleet… Continue reading M&M denies knowledge of potential emission penalties
SIAM charts path to simplified taxation at automotive taxation conference 2024
The Society of Indian Automobile Manufacturers (SIAM) organized the SIAM Conference on Automotive Taxation 2024, focusing on the theme “Evolving Taxation Landscape of the Auto Industry for Nation Building.” The event addressed the role of taxation policies in supporting India’s automotive sector while contributing to the nation’s economic growth. It also highlighted procedural and operational… Continue reading SIAM charts path to simplified taxation at automotive taxation conference 2024