In India’s passenger vehicle market, the three OEMs with strong hybrid models – Toyota Kirloskar Motor, Maruti Suzuki and Honda Cars India – are witnessing growing demand for their seven such models which are powered by the combination of a petrol engine and an electric motor – with the setup being called a hybrid powertrain.… Continue reading Toyota India commands 80% share of strong hybrid car and SUV market
Tag: Suzuki
Microcars Market worth $49.00 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., May 5, 2025 /PRNewswire/ — The microcars market is projected to grow from USD 36.75 billion in 2025 to USD 49.00 billion by 2032 at a CAGR of 4.2%, according to a new report by MarketsandMarkets. The microcars market is expanding in Asia due to increased urbanization; population shifts from rural to urban… Continue reading Microcars Market worth $49.00 billion by 2032 | MarketsandMarkets
Indian EV Market Faces Challenges as Subsidies Decline in April 2025
The Indian electric vehicle (EV) market experienced a mixed performance in April 2025, with significant impacts from reduced subsidies under the PM E-DRIVE scheme, according to a recent report by BNP Paribas Exane. The report, titled “EVolution: Lowered Incentive Impact on 2W Electrification,” highlights a slump in two-wheeler (E2W) electrification, steady passenger vehicle (EPV) penetration,… Continue reading Indian EV Market Faces Challenges as Subsidies Decline in April 2025
Indian EV Market Faces Challenges as Subsidies Decline in April 2025
The Indian electric vehicle (EV) market experienced a mixed performance in April 2025, with significant impacts from reduced subsidies under the PM E-DRIVE scheme, according to a recent report by BNP Paribas Exane. The report, titled “EVolution: Lowered Incentive Impact on 2W Electrification,” highlights a slump in two-wheeler (E2W) electrification, steady passenger vehicle (EPV) penetration,… Continue reading Indian EV Market Faces Challenges as Subsidies Decline in April 2025
JBM Auto Reports 20% Rise in Q4 Net Profit, Secures Major Electric Bus Order
JBM Auto Limited, one of India’s prominent automotive and electric vehicle manufacturers, has reported a consolidated net profit of ₹66 crore for the fourth quarter of FY25, marking a 20.21% increase over the ₹54.90 crore recorded in Q4FY24. The company’s total sales, including other operating income, grew by 10.75% to ₹1,645.70 crore in Q4FY25, compared… Continue reading JBM Auto Reports 20% Rise in Q4 Net Profit, Secures Major Electric Bus Order
Microcars Market worth $49.00 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., May 5, 2025 /PRNewswire/ — The microcars market is projected to grow from USD 36.75 billion in 2025 to USD 49.00 billion by 2032 at a CAGR of 4.2%, according to a new report by MarketsandMarkets. The microcars market is expanding in Asia due to increased urbanization; population shifts from rural to urban… Continue reading Microcars Market worth $49.00 billion by 2032 | MarketsandMarkets
Microcars Market worth $49.00 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., May 5, 2025 /PRNewswire/ — The microcars market is projected to grow from USD 36.75 billion in 2025 to USD 49.00 billion by 2032 at a CAGR of 4.2%, according to a new report by MarketsandMarkets. The microcars market is expanding in Asia due to increased urbanization; population shifts from rural to urban… Continue reading Microcars Market worth $49.00 billion by 2032 | MarketsandMarkets
TVS Emerges as the Only True Gainer in India’s 2-Wheeler Market
The Indian two-wheeler market has witnessed notable shifts in brand market shares over the nine-month period from August 2024 to April 2025, with TVS Motor emerging as the only true winner. Hero Shows Resilience Despite Challenges Hero MotoCorp, while maintaining its position as market leader, has experienced a year-on-year market share contraction trend, but seen… Continue reading TVS Emerges as the Only True Gainer in India’s 2-Wheeler Market
Hyundai Behind Tata Motors and M&M for the Third Month in a Row
India’s passenger vehicle (PV) market has witnessed a significant reshuffling in its competitive hierarchy, with Hyundai Motor India Ltd (HMIL) experiencing a concerning decline in its market position. Once firmly established as the second-largest automaker in India, Hyundai has now slipped to fourth place for three consecutive months, trailing behind Maruti Suzuki, Tata Motors, and… Continue reading Hyundai Behind Tata Motors and M&M for the Third Month in a Row
Tata Motors to Launch Altroz Facelift on May 22
Tata Motors has dropped the first teaser of the upcoming Altroz facelift ahead of its price announcement on May 22. The premium hatchback has been periodically updated with new powertrain options and new features, but it hasn’t received a cosmetic makeover since it went on sale in January 2020. An updated design aside, there will… Continue reading Tata Motors to Launch Altroz Facelift on May 22