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Tackling the 'Korean Discount': A deep dive into curious case of Hyundai Motor India's market listing
- Supply Chain Vulnerabilities: Hyundai relies heavily on its Chennai plant, making it vulnerable to disruptions.
- Intensifying Competition: Domestic rivals like Tata Motors and MG Motors are making aggressive inroads into the EV market.
- Policy Risks: The automotive sector’s reliance on government incentives for EVs and hybrids adds a layer of unpred…
Latest Stories
Upcoming bikes and scooters launching in India in October 2024
The year 2024 is almost over, with just three months remaining. There have been several exciting tw…
PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles
Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…
Upcoming cars launching in India in October 2024
There have been several car launches in India in 2024 so far, ranging from affordable cars to ultra…
Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end
Bhavish Aggarwal-led Ola Electric on Thursday said it will establish 10,000 sales and service outle…
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
Japan’s Musashi Seimitsu and Log9 Materials partner to offer EV powertrain and battery solutions
Japanese firm Musashi Seimitsu Industry, the parent company of Musashi India has announced a strate…
Hyundai Motor India’s ₹25,000 crore IPO gets SEBI approval – India’s biggest IPO expected to launch in October
Hyundai Motor India Limited (HMIL), the Indian arm of the South Korean automaker Hyundai has receiv…
Tata Nexon EV with a bigger battery launched starting at ₹13.99 lakh
Tata Motors on Tuesday launched the updated version of its popular electric SUV, the Tata Nexon EV.…
Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season
The luxury car market in India currently remains very small accounting for less than 2% of the over…
PTI
Triumph Speed T4 launched in India with a price tag of ₹2.17 lakh
Triumph has launched the Speed T4, the company’s latest bike in India in the 400cc category. The Sp…
Mercedes expands BEV range; rolls out second locally produced model in India
EQS SUV 580 4MATIC is the second model, after the EQS sedan, to be locally produced at company'…
PTI
Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: Jefferies
The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that…
ANI
Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches
Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …
PTI
Ford is returning to India, expresses intent to restart its Tamil Nadu plant for exports
After several reports about its return to India, popular American automaker Ford has expressed its …
Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars
India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…
Automobile industry hails PM e-DRIVE scheme to promote EVs
Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…
ANI
Top 10 selling cars in India in August 2024
In this post, we look at the best-selling cars in India in August 2024.
India will soon be in a position to export Lithium-ion batteries: Nitin Gadkari
Union Minister of Road Transport Highways, Nitin Gadkari on Tuesday said that India will soon be in…
ANI
PM Modi asks automakers to bring global best practices to India, focus on clean mobility
The prime minister said the road ahead demands that the country's progress is rapid, while also bei…
PTI
Ather Energy looks to raise ₹3,100 crore, files IPO papers with SEBI
Electric two-wheeler manufacturer Ather Energy has announced that it is going public and raising ₹3…
World EV day: Top 10 most popular EVs in India
World EV day: Top 10 most popular EVs in India
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
Electric two-wheeler sales declined in August 2024, but year-on-year growth continues
After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…