Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October
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Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October
Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October
Auto sales up in mid-to-high single digits during Navratra
However, the situation still seems better than last month as an improvement in fleet utilization levels in most of the regions was noted during the month, it stated. Retail sales during the Navratra grew by mid-to-high single digits across regions even as rural sales have remained muted, a brokerage firm said in a report on… Continue reading Auto sales up in mid-to-high single digits during Navratra
Asia to spend over USD 20bn on EVs: Report
EV adoption in India will progress with model launches that bring prices more in line with ICE models and with improving charging infrastructure. South and South East Asia will spend more than USD 20 billion in building electric vehicles in the next few years, says a latest report by S&P Global Ratings. According to the… Continue reading Asia to spend over USD 20bn on EVs: Report
Jaguar no longer sells any new cars in UK as F-Pace axed from line up
New Jaguar F-Pace SUVs are no longer available in the UK, meaning the brand no longer sells any new cars in the market and won’t until its first next-generation model arrives in 2026. This follows the UK market axing of the XE, XF and F-Type, made at Castle Bromwich, and the E-Pace and I-Pace, assembled by Magna Steyr in… Continue reading Jaguar no longer sells any new cars in UK as F-Pace axed from line up
Jaguar – creating an endangered species? | GRR – Goodwood Road and Racing
Jaguar – creating an endangered species? | GRR Goodwood Road and Racing Go to Source
Verax AI Raises $7.6M in Seed Funding
Verax AI, a Dallas, TX- and Tel Aviv, Israel-based provider of enterprise-grade software solutions, raised $7.6M in Seed funding. The round was led by TQ Ventures with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures. The company intends to use the funds to accelerate its go-to-market processes and increase awareness. Founded… Continue reading Verax AI Raises $7.6M in Seed Funding
Its bumper Diwali for carmakers in 2024, amid a slow year
Carmakers’ decision to build up inventory ahead of the festive season is paying off, with passenger vehicle registrations reaching a record 425,000 units as of October 29, according to Vahan data. The record marks a 27% increase from last year’s daily registration rate in October, with the potential to approach 450,000 units by the month’s… Continue reading Its bumper Diwali for carmakers in 2024, amid a slow year
Greaves Retail’s ambitious push to rival automotive parts giants, become ‘Grainger of India’
Greaves Retail, a modest but highly profitable arm of the 165-year-old Greaves Cotton, is steadily making its mark in India’s organized automotive and industrial spare parts chain market. Amidst limited competition, the company harbors ambitions to rival global distribution giants such as Grainger Inc., a NYSE-listed parts supply business leader in the U.S, Japan and UK. As a multi-brand,… Continue reading Greaves Retail’s ambitious push to rival automotive parts giants, become ‘Grainger of India’
Tata Nexon with panoramic sunroof available from Rs Rs 13.60 lakh to Rs 15.60 lakh
Tata Motors has silently introduced a panoramic sunroof-equipped Nexon on more trims, including those powered by the petrol and diesel engines, not too long after it introduced the feature on the CNG model. The petrol and diesel-powered Tata Nexon now get a panoramic sunroof on the top-spec Fearless + PS trim, while the Nexon CNG… Continue reading Tata Nexon with panoramic sunroof available from Rs Rs 13.60 lakh to Rs 15.60 lakh