Top Indian Automobile Industry News & Updates - 29 Aug 2023,Tuesday

🏢 Industry

📝  India's auto industry poised to rank number 3 in world by 2030: Govt
📝  Sugar industry seeks GST parity with EVs for flex fuel vehicles
📝  Indian EV cell maker Log9 flags production hit on delayed visas to Chinese experts
📝  E-commerce, FMCG demand for electric vehicles doubles in FY24
📝  ‘Next EV policy to focus on charging infra, making incentives attractive’
📝  Shriram Automall conducts 120 auctions, transactions exceeding INR 100 cr
📝  MHI organises conference to review PLI-Auto Scheme in Delhi on Tuesday
📝  Infrastructure and auto sector to boost aluminium demand by 9% in 2023-25: ICRA
📝  From 5% to 25%: EV takeover rapidly reshaping global car market
📝  Manufacturing Cell of companies seek flexible terms on capacity under PLI plan
📝  Despite quotas, incentives, and taxes, petrol and diesel vehicle registrations surge, outpacing EVs
📝  Toyota Innova to become world's first flex-fuel car to run fully on ethanol, Nitin Gadkari to launch MPV tomorrow
📝  Festival frenzy: 16 new car launches ignite Indian auto industry
📝  Hyperdrive: Here's why 'black mass' is latest buzzword for EV industry
📝  Automobile, pharma, tourism sectors expected to grow at rapid pace: PM Modi
📝  Green mobility will require many pathways
📝  Upcoming car launches in September 2023: Tata Nexon facelift SUV, Toyota Rumion MPV, more
📝  Auto sales August 2023: Expect decent retail sales growth across all segments; PV dispatches likely to rise 4-5% YoY
📝  PLI initiatives propel India's automotive industry towards third global rank by 2030, says govt
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🎤 Interviews & Features

📝  Explainer: India’s Green Hydrogen Standard
📝  A tight leash on cost, ops, portfolio: Honda carves out profit amid niche sales, puny market share
📝  Difference between Bharat NCAP and Global NCAP
📝  Toyota turns 86 years old today: Japanese automaker that gave us the Land Cruiser, Innova and Fortuner
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🚗 Cars / SUVs

📝  Kia introduces sunroof in Sonet G1.2 HTK+ at INR 9.76 lakh
📝  Toyota Kirloskar opens bookings for new Rumion; prices start at INR 10.29 lakh
📝  Hyundai Exter waiting period details: Know which variants in high demand
📝  Honda City and Amaze set for price hikes in September
📝  Honda Elevate to Tata Nexon facelift: Cars and SUVs to launch in September
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Electric-Cars / SUVs

📝  Electric cars pass a crucial tipping point in 23 countries, including India
📝  Kia EV5 compact electric SUV debuts in China. Will it come to India?
📝  Mahindra to gift XUV400 special edition EV to India's chess prodigy Praggnanandhaa's parents
📝  Pravaig Interceptor EV SUV for military specs revealed: Design, range, features and more
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⛟ Commercial Vehicles

📝  Amazon has over 6K EVs in its India delivery fleet, to reach 10K by 2025
📝  Economies of scale: E-bus penetration to grow to very high levels in 5-7 years
📝  Ashok Leyland unveils CNG 1922 4X2 truck in 18.5T segment
📝  Kerala govt adds 60 more electric buses to KSRTC fleet in state capital
📝  Nepal truck transporters demand ban on entry of Indian cargo vehicles
📝  GreenCell's NueGo battery-operated buses to soon zip through roads in TN
📝  Delhi to get 400 e-buses ahead of G20 Summit
📝  Ashok Leyland Stallion undertakes landmark drive from Kanyakumari to Leh
📝  Used truck financing set to double by FY25 on scrappage policy boost
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🏍 2/3 Wheelers

📝  Honda Hornet 2.0 launched at INR 1.39 lakh
📝  Hero Karizma XMR 210 launching tomorrow. What we know so far
📝  2023 Royal Enfield Bullet could debut on September 1. Here's what to expect
📝  Royal Enfield Guerrilla 450 trademark hints at new Himalayan 450 version
Read More >>

🚲 Electric 2/3 Wheelers

📝  TVS lines up INR 4,000 crore for premium, electric play
📝  Udaan chalks out expansion plans in e-rickshaw space
📝  BMW CE 02 electric moped spied in India, launch on cards?
📝  Quantum Energy inaugurates new showroom in Kolhapur
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⚙ Components

📝  Schaeffler India to fully acquire auto spare parts platform Koovers for Rs 142.4 cr
📝  Bharat Forge’s shares rise on securing contract worth ₹287 crore
📝  Schaeffler India shares up on nod for Koovers acquisition
Read More >>

🌇 Allied Industries

📝  Dalmia Bharat draws closer to taking over Birla Tyres
📝  Staubli’s Rs 123 crore new facility opens in Bengaluru
📝  Toyota Sienna Remix Concept is a mobile DJ booth with 60 speakers to pump up playlist
📝  Tata Steel sees lower China exports, higher prices
📝  e-con Systems working with agri, e-comm, EV firms to implement autonomous tech: Co-founder Maharajan Veerabahu
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Gulf Oil to acquire controlling stake in EV DC fast charger producer Tirex; to invest INR 103 cr
📝  Shell India appoints Mansi Madan Tripathy as new country chair
📝  BPCL to spend $18.16 bn in oil, green energy over 5 years
📝  Oil steady; possible rate hikes stoke demand worry; storm could hit supply
Read More >>

💸 Finance & Insurance

📝  Navigating on-the-road peace: The comprehensive car insurance solution by Bajaj Allianz General Insurance
Read More >>

📖 Magazines News

📝  Kia Sonet HTK+ 1.2 petrol gets sunroof; priced at Rs 9.76 lakh
📝  Mahindra Thar 5-door to get unique front styling
📝  Toyota Rumion launched at Rs 10.29 lakh
📝  EV brands to ask 2.5 lakh customers to refund FAME II subsidy amount
📝  Royal Enfield Guerrilla 450 name trademark filed
📝  BMW CE 02 EV spotted in India, built by TVS
Read More >>

📰 International News

📝  Tesla braces for its first trial involving Autopilot fatality
📝  China's BYD H1 profit jumped at 204.7%, deliveries break record
📝  China's Xpeng to acquire Didi's smart EV unit in deal worth up to USD 744 mln
📝  Toyota halts operations in most assembly plants in Japan. Details here
📝  From love to loathe: Paris bans e-scooters amidst safety concerns
📝  Poland takes aim at EU's ban on CO2-emitting car sales by 2035
📝  Duke Energy to pilot EV charging subscription service in North Carolina
📝  Chevron LNG workers in Australia allow union to call for strike
📝  Vinfast rallies on after becoming world's third-most valuable automaker
📝  From love to loathe: Paris bans e-scooters amidst safety concerns
📝  South Korea clears path for Hyundai Motor strike
📝  South Korean battery materials firm Posco Future M targets USD 32.6 bln sales by 2030
📝  UAW workers ratify Ultium Cells wage agreement in Ohio
📝  From Porsche 911 GT3 to Lamborghini Huracan STO: Cars in Gran Turismo movie
📝  Electric cars pass a crucial tipping point in 23 countries
📝  Boon or blight? E-scooters around the world
📝  Volkswagen Group revamps semiconductor sourcing strategy for future-proofing
📝  Hyundai stares at big wage war, strike in its home base. How it could affect sales
📝  This gold-wrapped Citroen Ami mini car turns heads as it tours UK streets
📝  One plug, many cars: Ford files patent for multi-EV charging solution from single plug
📝  MG Cyberster specs revealed: 0-100 kph in 3.2 seconds!
Read More >>


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