Category: US Motoring Press

BUDGET 2025 showers benefits on Li-ion battery, EV manufacturers

In a bid to boost domestic production of lithium-ion batteries for electric vehicles (EVs), the government in the union budget for 2025-26, has announced plans to fully exempt basic customs duty on 35 additional capital goods used in their manufacturing. It has also exempted the customs duty on scrap of lithium-ion batteries and scrap of… Continue reading BUDGET 2025 showers benefits on Li-ion battery, EV manufacturers

BUDGET 2025 showers benefits on Li-ion battery, EV manufacturers

In a bid to boost domestic production of lithium-ion batteries for electric vehicles (EVs), the government in the union budget for 2025-26, has announced plans to fully exempt basic customs duty on 35 additional capital goods used in their manufacturing. It has also exempted the customs duty on scrap of lithium-ion batteries and scrap of… Continue reading BUDGET 2025 showers benefits on Li-ion battery, EV manufacturers

BUDGET 2025 – What’s in it for the AUTO sector?

Here’s a detailed analysis of key focus areas in the Union Budget 2025-26, examining major initiatives across five crucial sectors with a special focus on the automotive sector. EV and Battery Manufacturing Push Customs duty exemption on 35 capital goods for EV battery manufacturing Support for domestic manufacturing of motors, controllers and other critical components… Continue reading BUDGET 2025 – What’s in it for the AUTO sector?

Cooper Corporation enters tractor market with new manufacturing plant in Maharashtra

Cooper Corporation, an engine and component manufacturer, launched its first tractor manufacturing facility in Satara, Maharashtra, on February 1, 2025. The company also introduced its NDC Series tractors, developed in collaboration with international firms including Ricardo UK, Magna Steyr, Carraro, and Mita. Maharashtra Public Works Minister Ch. ShivendraRaje Bhosale inaugurated the facility, alongside Mahesh Shinde,… Continue reading Cooper Corporation enters tractor market with new manufacturing plant in Maharashtra

Kia launches new SUV Syros in India, starting at ₹8.99 lakh

Kia India introduced its latest SUV, the Syros, in New Delhi today, positioning it between the mid and compact SUV segments. The vehicle, launched at a starting price of ₹8.99 lakh, features over-the-air software updates and Level 2 Advanced Driver Assistance Systems (ADAS). The Syros comes with two engine options: a 1.0-liter turbo petrol engine… Continue reading Kia launches new SUV Syros in India, starting at ₹8.99 lakh

Sundaram Clayton expands manufacturing capacity with new die-casting facility

Sundaram Clayton Limited (SCL) has started operations at its new die-casting facility in Thervoy Kandigai near Chennai, Tamil Nadu, while simultaneously expanding its U.S. operations with a 4,400-ton die-casting machine. The company announced these developments along with its quarterly results on January 31, 2025. The Chennai facility will produce aluminium die-cast components for automotive applications,… Continue reading Sundaram Clayton expands manufacturing capacity with new die-casting facility

Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto 

January 2025, which is the first month of the current calendar year and the 10th of the current fiscal year (FY2025) has witnessed retail sales of 97,677 electric two-wheelers, up 19% year on year (January 2024: 82,149 units). This is as per the latest sales data on the Vahan portal (February 1, 2025, 7am). Cumulative… Continue reading Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto 

Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto 

January 2025, which is the first month of the current calendar year and the 10th of the current fiscal year (FY2025) has witnessed retail sales of 97,677 electric two-wheelers, up 19% year on year (January 2024: 82,149 units). This is as per the latest sales data on the Vahan portal (February 1, 2025, 7am). Cumulative… Continue reading Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto 

Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto 

January 2025, which is the first month of the current calendar year and the 10th of the current fiscal year (FY2025) has witnessed retail sales of 97,677 electric two-wheelers, up 19% year on year (January 2024: 82,149 units). This is as per the latest sales data on the Vahan portal (February 1, 2025, 7am). Cumulative… Continue reading Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto