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SUV sales grew by 11% YoY for April- July 2024; New Auto

Hatchbacks, despite consistently accounting for 22% of annual traffic, have seen a decline in sales, indicating that while they remain popular in consumer searches, the conversion to actual sales is less efficient compared to the SUV segment.Read more

Cummins India total sales stand at Rs 22.62 billion for June quarter

Exports sales at Rs 3.89 billion decreased by 22% compared to the same quarter last year and increased by 13% compared to the previous quarter. Read more

Slow progress hampers development of electronic manufacturing at Tuem

The commissioning of a 33/11kV substation, built at a cost of Rs 428 million, is significantly delayed. Read more

Policies to increase e-buses sales to 75-80% this fiscal; CRISIL Ratings

These schemes include Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) (1 and 2), National Electric Bus Programme (NEBP) under Convergence Energy Service Ltd (CESL) (1 and 2), and PM-eBus Sewa Scheme.Read more

Policy push and new technologies to drive electrical vehicles sales in India

Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more

Joel George appointed as Kinetic Green VP Sales of 3-wheeler business

Kinetic Green is a pioneering and established OEM in India’s E3W and E2W space. Read more

CEAT appoints Vishal Pawar as Senior Vice President – Global Sales

Pawar began his career at TAFE (Tractors and Farm Equipment Limited). Then, he moved to CEAT and went on to work at Garware Technical Fibres.Read more

Salcomp to invest Rs 18 billion in India operations; triple sales to $3 billion

It is planning to expand the capacities for its new product lines which will include component for handsets.Read more

India's 45% of EV sales from South India

The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more

Jitendra New EV appoints Sachin Shende as National Head of Sales & Marketing

Established in 2016 under the Shah group, Jitendra New EV Tech Pvt. Ltd is a foray into the future of transportation. The Shah Group is a diversified conglomerate that operates across real estate, automotive, retailing, software, and manufacturing and is headed by Jitendra Shah, a first-generation entrepreneur. Read more

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