Maruti Suzuki is gearing up to launch a new electric MPV under the codename YMC, which will share its platform with a Toyota derivative. This collaboration is part of the strategic partnership between Maruti Suzuki and Toyota, aimed at jointly developing new vehicles for the Indian market. The YMC electric
In a strategic move aimed at revitalizing its brand presence and expanding market share, Nissan has revealed plans to introduce a total of 30 new models by 2027. This ambitious initiative is part of the company’s broader strategy to enhance its global sales volumes and reassert its position as a
India’s electric vehicle (EV) market is witnessing a significant transformation with the government’s push towards EV adoption. However, the recent introduction of a new EV policy has sparked a strategic evaluation by luxury automakers Mercedes-Benz, BMW, and Audi. This in-depth analysis explores the implications of the policy on these automakers
Mahindra & Mahindra (M&M) has partnered with Adani Total Energies to establish electric vehicle (EV) charging infrastructure across India. This collaboration aims to enhance the country’s EV ecosystem and promote sustainable mobility. The strategic partnership between M&M, a leading automotive manufacturer, and Adani Total Energies, a major player in the
Japanese auto giants Nissan Motor Company and Honda Motor Company have announced a landmark move today, signing a memorandum of understanding (MoU) to initiate a comprehensive feasibility study for a strategic partnership. The collaboration aims to focus on vehicle electrification and intelligence, aligning with the shared goal of achieving carbon
In a significant move, the Centre has announced a reduction in petrol and diesel prices by ₹2 per liter. The decision was communicated by Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, earlier today. The revised prices will come into effect from March 15, 6 am. New Delhi
The Indian Ministry of Heavy Industries has launched a new initiative aimed at accelerating the adoption of electric vehicles (EVs) in the country. The scheme, totaling INR 500 crore, is designed to incentivize the production and purchase of EVs, as well as the development of necessary infrastructure. Under the scheme,
Image Generated on Midjourneyai.ai In a significant statement at the Auto Production Linked Incentive (PLI) conclave held in New Delhi on Tuesday, Mahendra Nath Pandey, the Minister for Heavy Industries, asserted that the Indian automotive sector will play a pivotal role in elevating the nation to the position of the third-largest economy.
India’s automobile exports suffered a significant decline in 2023, shrinking by a worrisome 21% compared to the previous year. This alarming news, revealed by the latest data from the Society of Indian Automobile Manufacturers (SIAM), casts a shadow of concern over the industry’s future. Uneven Terrain: While the passenger vehicle