Electric two-wheeler maker Ather Energy sees the absence of Production Linked Incentive (PLI) benefits for the company as a long-term structural advantage, with CEO Tarun Mehta arguing that operating without policy-linked subsidies allows it to build a more robust pricing and profitability framework. “Us not having PLI is actually one of the strongest and one… Continue reading Here is why Ather Energy Sees Staying Outside the PLI Scheme as a Long-Term Advantage
Tag: Hyundai
Here is why Ather Energy Sees Staying Outside the PLI Scheme as a Long-Term Advantage
Electric two-wheeler maker Ather Energy sees the absence of Production Linked Incentive (PLI) benefits for the company as a long-term structural advantage, with CEO Tarun Mehta arguing that operating without policy-linked subsidies allows it to build a more robust pricing and profitability framework. “Us not having PLI is actually one of the strongest and one… Continue reading Here is why Ather Energy Sees Staying Outside the PLI Scheme as a Long-Term Advantage
Hyundai Mobis Secured Over 9 Billion USD in Orders from Global Automakers Last Year
– Secured 9.17 billion USD in orders, exceeding the core components target (7.45 billion USD) by 23% despite EV chasm– Diverse advanced portfolio, including Battery Systems Assembly (BSA) and next-gen electronic components, drove results– Customer base expanded from major automakers in North America and Europe to emerging markets such as China and India– Overseas orders… Continue reading Hyundai Mobis Secured Over 9 Billion USD in Orders from Global Automakers Last Year
Hyundai’s Rural Sales Hit Record High in Q3 as SUVs Gain Ground
Hyundai Motor India Ltd has reported its highest-ever quarterly contribution from rural markets, underscoring a structural shift in demand as sport utility vehicles gain popularity beyond urban centres. Rural markets accounted for over 24% of Hyundai’s domestic sales in the December quarter, the highest level recorded so far, Managing Director and CEO Tarun Garg said… Continue reading Hyundai’s Rural Sales Hit Record High in Q3 as SUVs Gain Ground
Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai
Recent GST rate reforms have triggered a sharp recovery in India’s passenger vehicle market, reviving demand across segments after a prolonged slowdown. While expectations were high for a turnaround in small cars and hatchbacks, Hyundai Motor India says compact SUVs have emerged as the biggest beneficiaries of the tax cut, even as the hatchback segment… Continue reading Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai
Hyundai Venue Garners 80,000 Bookings as Compact SUVs Lead Market Growth
Riding on strong demand for compact SUVs, Hyundai Motor India has garnered close to 80,000 bookings for its newly launched Venue. The strong response to the new Venue complements Hyundai’s largest-selling SUV, the Creta, which is hitting new highs amid rising competition. Addressing the media during the company’s Q3 FY26 earnings call, Managing Director and… Continue reading Hyundai Venue Garners 80,000 Bookings as Compact SUVs Lead Market Growth
Video: Can Small Cars Survive CAFE 3 Norms?
India is about to rewrite the rules for how clean your next car has to be. From 2027 to 2032, the government’s draft CAFE-3 norms (Corporate Average Fuel Efficiency – Phase III) will sharply tighten fuel consumption and CO₂ targets for every carmaker operating in India. The impact? Higher prices, new model strategies, more hybrids… Continue reading Video: Can Small Cars Survive CAFE 3 Norms?
Nexon Tops Sales Charts in January; PV Market Clocks Record 4.5 Lakh Units Led By SUVs
India’s passenger vehicle (PV) market opened calendar year 2026 on a strong footing, with January wholesales estimated at around 4.5 lakh units, marking the highest-ever January performance and the second-highest monthly tally on record. The month’s sales data underline the structural shift toward utility vehicles, with six SUVs featuring among the top 10 selling models.… Continue reading Nexon Tops Sales Charts in January; PV Market Clocks Record 4.5 Lakh Units Led By SUVs
Electric PV Sales Rise 51% in January to 18,000 Units, Tata Motors Hits a New High
The Indian electric passenger vehicle segment has opened CY2026 with robust sales of 18,042 units in January, up 51% YoY (January 2025: 11,909 units). This performance comes on the back of the segment clocking record annual sales of 177,415 units in CY2025. Leading the charge is market leader Tata Motors which has clocked its highest… Continue reading Electric PV Sales Rise 51% in January to 18,000 Units, Tata Motors Hits a New High
@niche: WE DIDN’T START THIS FIRE.004246
Editor’s Note: It’s time for the unfiltered, non-AI Renzo. While paying tribute to Billy Joel, Peter isn’t “sticking to cars.” Instead, he takes the gloves off IN A BIG WAY, and we’re quite sure we will lose more readers because of it. This just in, as Peter says, boofuckinghoo. In On The Table, Mercedes-Benz debuts a new S-Class,… Continue reading @niche: WE DIDN’T START THIS FIRE.004246