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Toyota accelerates electric ambitions in Europe with six new models by 2026

Toyota aims to sell more than 250,000 battery-powered vehicles annually in Europe by 2026, striving for significant growth in a market where it has faced increasing competition.Read more

Škoda Auto Volkswagen India unveils plans for EV, Market Penetration expansion

Company anticipates to elevate the capacity utilisation of its Aurangabad and Chakan plants to over 90%, a substantial increase from the current 70-75%.Read more

Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing

A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more

TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025

Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more

Tata Motors re-enters Thai Market with Inchcape as Commercial Vehicle Distributor

The company had ceased the sale of its pickup trucks and small commercial vehicles in Thailand in 2020 when it wound up its 100% subsidiary.Read more

Eicher launches non-stop series: Revamped heavy-duty trucks for construction, Infra

These long-haulage trucks are tailored for transporting various loads such as cement, tanker, steel, bulker, and market goodsRead more

Amitabh Kant urges to scrap import duties for exported goods

Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more

Caterpillar to develop hydrogen-hybrid power solution for Off-Highway Vehicles

Caterpillar’s hydrogen-hybrid demonstration project leverages the performance, packaging, and fuel flexibility engineered into the new 13-liter Cat C13D engine platform.Read more

Valeo to supply electric powertrain for Mahindra & Mahindra’s EV program

The total order is close to 1 billion dollars and was already included in the total amount of orders for high voltage powertrain announced in Valeo’s Q3 results.Read more

UK-India FTA talks centered on mid-range Electric Vehicles market access

The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more

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