India's automobile sector's shift to EVs will not solely rely on electric vehicles but will also include hybrids and plug-in hybrids, as per a report by Elara Securities.
Total passenger vehicle sales in India declined 1.8 per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.
Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for India's transition to electric mobility, fostering innovation and investment within the sector. We believe this scheme will not only enhance the growth of the EV ecosystem but also strengthen Ind
China's automotive sector is grappling with a significant revenue decline, with vehicle sales falling for the third straight month in August. Data from the China Association of Automobile Manufacturers (CAAM) shows a 5 per cent year-on-year decrease in new vehicle sales, reaching 2.45 millio
The Indian automobile market will experience a significant surge of over 15 per cent growth during the upcoming festive season, particularly in the two-wheeler (2W) segment says a research report by Nuvama Wealth Investment Limited.
The Union Minister further reiterated India's commitment to sustainable growth, recalling Prime Minister Narendra Modi's 'Panchamrit' roadmap unveiled at the COP26 in Glasgow.
At the 64th Annual Convention of Society of Indian Automobile Manufacturers (SIAM) today, the industry focused on "Sustainable Mobility Journey towards Viksit Bharat" wherein prominent leaders and policymakers discussed the pivotal role of sustainable mobility in achieving Viksit Bharat g
India's two-wheeler demand, which lagged behind passenger vehicles during FY21-23 due to the impact of the COVID-19 pandemic and rising regulatory costs, is now experiencing a resurgence.
India's auto retail sales experienced a significant decline in August 2024, primarily due to excessive rainfall during this monsoon season, according to a report by the Federation of Automobile Dealers Associations (FADA).
London [UK], September 4: The Peninsula, whose international hospitality brand has epitomised glamour and luxury for nearly a century, has announced the 1935 Duesenberg Model SJ Speedster as the winner of its highest honour, The Peninsula Classics Best of the Best Award 2023. The rare distin