The export growth story of the Indian two-wheeler industry, which registered overseas dispatches of 3 million units, up 20% YoY, in April-December 2024, is also witnessing growing demand for made-in-India electric two-wheelers, particularly from TVS Motor Co and Ather Energy. Of the total 445,657 scooters (up 16%) exported, electric scooters account for 5,633 units and… Continue reading TVS exports 4,063 BMW CE 02 and 896 iQube electric scooters in April-December
Category: US Motoring Press
UK will not achieve 2030 ZEV targets without help, says new Renault UK boss
The UK will not achieve the government’s target of 80% EV sales by 2030 without incentives of some kind being made available to private buyers. That’s according to new Renault UK boss Adam Wood, who said that while the new Renault 5, priced from £22,240, can “break the glass ceiling” of mainstream electric car ownership,… Continue reading UK will not achieve 2030 ZEV targets without help, says new Renault UK boss
BMW iX facelift brings 426 miles of range for £92k
The BMW iX, the Munich firm’s tech-laden electric flagship, has received a major update with substantial power upgrades and an increase in efficiency that boosts its range to 426 miles. Due to reach the UK in May, with pricing starting from £74,400, the new version of the Audi Q8 E-tron and Volvo EX90 rival has received only a… Continue reading BMW iX facelift brings 426 miles of range for £92k
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the company is not yet making any major changes to its strategy in North America in response to the threatened tariffs. The automaker has pulled together an “extensive playbook” of possible options but won’t put them… Continue reading G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
Norway is set to become the first country to fully transition to electric vehicles
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Norway is set to become the first country in the world to effectively erase gasoline and diesel… Continue reading Norway is set to become the first country to fully transition to electric vehicles
GM stock falls even as company beats analyst expectations on earnings
watch now DETROIT — General Motors stock fell more than 8% in trading Tuesday even as the company beat Wall Street’s top- and bottom-line expectations for the fourth quarter, while forecasting continued strong results for 2025. Concerns of Wall Street analysts on the company’s quarterly earnings call focused on the automaker’s preparation for changes under the… Continue reading GM stock falls even as company beats analyst expectations on earnings
Managing KTM debt a challenge, but confident of revival package: Rakesh Sharma
KTM AG, a leading player in the adventure and sports motorcycle segment, is navigating a challenging phase marked by financial restructuring and leadership changes. With Stefan Pierer stepping down as the Chief Executive Officer and the company undergoing a court-supervised revival process, questions about its future have arisen. The Austrian bike maker may need 1-2… Continue reading Managing KTM debt a challenge, but confident of revival package: Rakesh Sharma
Confident of leadership position in electric 2-wheeler space, says Bajaj Auto’s Rakesh Sharma
Bajaj Auto Ltd is confident of a leadership position in the electric two-wheeler space, led by sales of its recently launched Chetak 35 series, the introduction of new products over the next 2-3 months, and strong demand for its sub-₹1 lakh electric two-wheelers, the company’s Executive Director Rakesh Sharma said today. “While we have performed well in… Continue reading Confident of leadership position in electric 2-wheeler space, says Bajaj Auto’s Rakesh Sharma
Auto Expo 2025 – Dialogues | VG Sakthikumar, Chairman & MD, Schwing Stetter India
At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is poised to witness significant growth. In this latest video, VG Sakthikumar, Chairman & MD, Schwing Stetter India, talks about the German off-highway major’s presence at the Bharat Construction Equipment Show with its… Continue reading Auto Expo 2025 – Dialogues | VG Sakthikumar, Chairman & MD, Schwing Stetter India
TVS Motor to set up hub in Dubai for international business
In a bid to widen its global footprint, Indian two- and three-wheeler major TVS Motor Company is setting up a hub in Dubai to streamline its international business, according to a senior company official. “We are investing in setting up a new hub in Dubai for international business because we see a huge opportunity in the… Continue reading TVS Motor to set up hub in Dubai for international business