Category: News Type

China auto show highlights intense electric car competition

Beijing is winding down government support and shifting the burden to automakers by requiring them to earn credits for EV sales. Global and Chinese automakers plan to unveil more than a dozen new electric SUVs, sedans and muscle cars this week at the Shanghai auto show, their first full-scale sales event in four years in… Continue reading China auto show highlights intense electric car competition

EVs set to become more affordable as industry closes in on the price gap with fuel-run vehicles

That gap has now reduced to 73%, according to data from automobile consultancy firm Jato Dynamics. The price difference between battery-powered and fossil fuel-run passenger vehicles is narrowing fast, which industry executives expect will push more Indians to choose the greener option when they buy cars and SUVs. The average price of an electric passenger… Continue reading EVs set to become more affordable as industry closes in on the price gap with fuel-run vehicles

SIDBI launches new financing solution for electric vehicle space

Small Industries Development Bank of India has announced the launch of a pilot scheme for better financing terms in electric vehicle space and strengthening the whole ecosystem. The pilot phase of ‘Mission 50K-EV4ECO’ aims at strengthening the EV ecosystem, including uptake for two, three and four-wheelers through direct and indirect lending, Small Industries Development Bank… Continue reading SIDBI launches new financing solution for electric vehicle space

Best small vans to buy 2023

A small van is a crucial part of many commercial vehicle line ups, offering versatility, a car-like driving experience and low running costs as well. These models are the most compact work vehicles you’ll find for sale, but they still come in a variety of sizes.  Typically, small vans have a two-box layout, with a… Continue reading Best small vans to buy 2023

New Vauxhall Astra Sports Tourer Ultimate revealed

Vauxhall’s new Astra Sports Tourer Ultimate is available to order now as a new range-topping trim level for the firm’s only estate car. Starting from £33,765, the ‘Ultimate’ version of the Vauxhall Astra Sports Tourer estate gets additional equipment plus a unique exterior design.  The new trim level comes to both petrol and plug-in hybrid… Continue reading New Vauxhall Astra Sports Tourer Ultimate revealed

Production loss of 200,000 units in FY2023 drags Maruti Suzuki market share to 8-year low

Production loss of 200,000 units in FY2023 drags Maruti Suzuki market share to 8-year low Despite sitting on a sizeable order book of over 395,000 units, Maruti Suzuki, India’s largest carmaker, has slipped to its lowest market share in 8 years – 41.31% – in FY2023 due to severe shortage of semiconductor chips. If it… Continue reading Production loss of 200,000 units in FY2023 drags Maruti Suzuki market share to 8-year low