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Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India

Both segments have experienced significant transformations and faced unique challenges over the past few years, particularly in the wake of the COVID-19 pandemic.Read more

TI Clean Mobility to launch new EVs despite financial losses

TICMPL reported a revenue of Rs 1.23 billion but incurred a substantial loss before tax amounting to Rs 980 million. Read more

Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India

Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more

Volvo: Despite fluctuations, EVs to be the future

In India, 27,300 electric cars were sold in the first quarter of 2024-25 with no year-on-year growth, while hybrid car sales increased by 38% to 22,300 units.Read more

Critical EV components to be localised by 2030

Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.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

Temico Motor to make powertrains for Indian EV manufacturers

It is expected to start mass production after gaining certification from the Bureau of Indian Standards next month.Read more

EV demand increasing rapidly in Indian cities; BloombergNEF

In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more

Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

Zen Mobility launches new pod variants- ThermoFlex and LoadMax

Equipped with cutting-edge technologies such as telematics, IoT integration, geo-fencing with remote vehicle locking, trip data monitoring, and battery state-of-charge (SOC) tracking, these variants are the result of extensive customer feedback and trials.Read more

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