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Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
Electric Mobility Promotion Scheme to support up to 3.72 lakh EVs: Govt
Electric Mobility Promotion Scheme (EMPS) - 2024 will provide further impetus to the green mobility…
PTI
Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data
The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…
ANI
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
Automobile exports from India rise 15.5% in Q1
Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compare…
PTI
Budget 2024: Key sustainability and energy initiatives that Indian government plans to implement this year
Budget 2024 aims to boost renewable energy with rooftop solar, EVs, offshore wind, green hydrogen, …
Economic Survey 2024 – industries grow by 9.5%, fueling economic growth to 8.2%
Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…
Flying cars: China is taking a lead in the sector, reveals report
China is pulling ahead in the burgeoning eVTOL industry thanks to help from regulators' quick appro…
Grace Eliza Goodwin
Long-term policy support necessary for EV segment growth: Lohia
Phase II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India sche…
PTI
Firm economic growth helped Indian automobile industry post 12.5% sales growth
Backed by robust economic growth and conducive government, the Indian automobile industry has poste…
ANI
EV charging is so bleak that some owners are considering going back to gas-powered cars, survey finds
Nearly half of EV owners in the US are considering switching back to a gas-powered car, a McKinsey …
Nora Naughton
EV sales expected to grow by over 65% in 2024, double its overall market share
Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…
Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry
The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …
Passenger vehicle retail sales dip 7% in June as heatwave curtails showroom visits
"Despite improved product availability and substantial discounts aimed at stimulating demand, m…
PTI
Air pollution kills thousands in Indian cities like Delhi, Mumbai, Bengaluru, Kolkata every year: Lancet study
New research reveals a terrifying truth: over 7% of daily deaths in 10 major Indian cities are attr…
Defence ministry allocates Rs 300 cr for technology development fund to promote Make in India products
The Ministry of Defence has sanctioned over Rs 300 crore through its Technology Development Fund (T…
ANI
Here's what a Trump victory could mean for the entire EV industry
Trump has been critical of EVs and Biden's policies to encourage manufacturing and sales.
Tom Carter
Only 57.44% B.E. and B.Tech. Indian graduates employable in automotive industry: Report
Only 57.44 per cent of engineering graduates in India are employable in the ever-transformative aut…
ANI
IPOs this week – four IPOs to hit the street this week
After a week filled with small and medium enterprise (SME) segment initial public offerings (IPOs),…
Passenger vehicle exports rise by 2.68 lakh units in last 4 years; Maruti accounts for 70% of incremental shipments
Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years with …