Top Indian Automobile Industry News & Updates - 25 Aug 2023,Friday

🏢 Industry

📝  SMEV appoints R K Misra as new president for 2023-24
📝  Arnab Kumar joins Uber leadership team as director, business development for India, S Asia
📝  Revolt Motors pays ₹50 crore for violation in FAME-II scheme
📝  Gadkari's latest ride is IONIQ 5 EV as Toyota Mirai hydrogen FCEV passed on to Bihar Dy. CM
📝  British envoy discusses trade with Indian EV maker Avera
📝  Vidarbha Defence Industries Association inks MoU with Mahindra and Mahindra
📝  EV companies seek to hire senior executives from legacy auto firms
📝  Bharat NCAP vs. Global Counterparts: A comparative analysis of vehicle safety standards
📝  Dileep Koda, a tribal man got patent for dynamic power allocation system
📝  'Safety features to play a bigger role in car-buying soon'
📝  Old cars seized in Delhi to be released under two conditions: High Court
📝   Tata Motors cleared of anti-trust violations by CCI
📝  Govt procuring armoured cars for G20 Summit 2023
📝  The dopiness Bharat NCAP cannot solve
Read More >>

🎤 Interviews & Features

📝  How automakers are advancing AR Technology to enhance the design and prototyping process
📝  Make India a global hub for vehicle crash testing
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🚗 Cars / SUVs

📝  Maruti Fronx launches in South Africa with 1.5L NA petrol engine
📝  Renault India announces festive offers ahead of Onam
📝  Toyota Mobility Foundation unfolds SMART @Ubud program for sustainable mobility in Bali
📝  Scorpio N-based Mahindra Global Pik Up: 5 things to know
📝  2023 Tata Nexon facelift spied– interior, exterior revealed
📝  MG Motor celebrates 100th anniversary with special offers, discounts
📝  Kia Sonet facelift prototype reveals new headlights and alloy wheels: What to expect
📝  Should you lease a car or buy one with a loan? We do the math
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Electric-Cars / SUVs

📝  Mahindra BE.05 production ready version unveiled: All you need to know
📝  Citroen E-C3 gets upgraded Shine trim in Indonesia, India launch likely this year
📝  2023 Kia Ray EV officially revealed, gets a cute design but a cuter price
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🚗 Luxury Cars

📝  BMW India to launch BMW 220i M Performance Edition on Sept 7, pre-bookings from today
📝  New Lexus LM MPV arrives in India; bookings underway
📝  Porsche 911 S/T goes on sale in India, priced at Rs 4.26 crore
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🏗 Construction & Agri Machinery

📝  Ramkrishna Forgings secures Rs 156-crore contract
Read More >>

🏍 2/3 Wheelers

📝  Refreshed Hero Glamour launched Rs 82,348
📝  2024 KTM 390 Duke vs Triumph Speed 400: Spec comparison
📝  TVS Showroom gutted in fire leads to loss of 300 2Ws
📝  TVS X vs Ola S1 Pro Gen2: Price, specs and features compared
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🚲 Electric 2/3 Wheelers

📝  Lectrix EV launches limited edition LXS Moonshine, pays tribute to ISRO
📝  TVS X performance electric scooter makes global debut, priced at ₹2.50 lakh
📝  Ola Electric shuts production for 5 days to expand capacity
📝  Ola Electric trademarks M1 Cruiser, M1 Adventure & M1 Cyber Racer e-motorcycle names
📝  TVS Motor unveils premium electric 2W TVS X
📝  Ola Electric versus Ather: How their strategies are starkly different
📝  One Electric becomes the First Indian EV Company to Start Production in Africa
📝  Revolt Intellicorp returns FAME-II subsidy to Centre
Read More >>

⚙ Components

📝  NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group arm
📝  Tata AutoComp, Skoda Group JV to make components for Indian trains, metros and buses
📝  Ramkrishna Forgings bags Rs 156 crore order for supplying components to Eurasian farm equipment maker
📝  Sandhar commissions new plant in Mysore
Read More >>

🌇 Allied Industries

📝  Battery recycling firm RecycleKaro to invest INR 100 cr to set up plant in Maharashtra
📝  Commercial production of ACC batteries under PLI scheme to commence from FY24-end
📝  Bridgestone India to add capacity, enhance retail presence to sustain growth
📝  Continental sees 30% of new car sales in India to have Level 2 ADAS tech by 2030
📝  Buying a car with a high NCAP rating is just not enough. Five key points to understand
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🌢 Fuels, Lubricants & Charging Stations

📝  Tata Power and Zoomcar collaborates to provide EV charging infra solutions
📝  Oil prices fall on weak economic data, interest rate worry
📝  Asia oil refining margins climb, but a peak looms
📝  India diesel exports to Singapore set for highs in Aug, drop for Europe
📝  Yuma Energy partners with MCD & BSES to set up battery swapping stations in Delhi
Read More >>

💸 Finance & Insurance

📝  Omega Seiki Mobility partners with Punjab National Bank to boost E-3W financing
📝  InsuranceDekho records 9-fold rise in policies, targets Rs 200 cr premium
Read More >>

📖 Magazines News

📝  Volvo EM90 EV MPV teased ahead of November 12 debut
📝  India-spec Lexus LM revealed; bookings open
📝  Mahindra Thar 5 door spied with a bigger infotainment screen
📝  BMW 2 Series M Performance edition launch on September 7
📝  Upcoming Royal Enfield Bullet 350 fresh details revealed
📝  Delhi High Court directs release of seized ‘end of life vehicles'
📝  Lexus LX500d review: Position of power
Read More >>

📰 International News

📝  Mercedes-Benz unveils upgraded EQA and EQB models: Enhanced efficiency and extended range
📝  Xpeng's former autonomous driving head joins Nvidia
📝  Continental launches its first 5G network equipped plant in Europe
📝  US auto sales to rise in August on increased vehicle supply, strong demand
📝  Parts makers risk cash crunch in a Detroit auto strike
📝  Volkswagen Group reorganizes semiconductor procurement
📝  Thailand car production, exports rise in July but local sales drop
📝  Malaysia's Permodalan Nasional considers USD 2.15 billion automakers merger in EV push
📝  Volkswagen strikes direct supply deals for chips to avoid global shortage
📝  Stellantis may partner local EV maker to drive sales in China
📝  Elon Musk drives and shows production-spec Tesla Cybertruck
📝  MoveOS 4 beta to roll out in September. Check out new features
📝  Xiaomi moves one step towards making electric cars, launch likely in early 2024
📝  New Singapore commodity exchange aims to launch EV nickel contract this year
Read More >>


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