Top Indian Automobile Industry News & Updates - 10 May 2023,Wednesday

🏢 Industry

📝  No decision on banning diesel vehicles in cities: Petroleum Ministry
📝  GSI terms reports on large lithium reserves found in Rajasthan as 'baseless'
📝  India’s semiconductor market may reach $64 billion by 2026
📝  Auto sales on the premium lane
📝  Vehicle owners not involved in traffic offences can seek exemption from fines: Chennai
📝  Haryana govt vehicles will now have ‘GV’ on their number plates
📝  Ensure law barring crash guards in vehicles strictly complied with: Delhi HC to Centre
📝  Indian Oil panel urges ban on diesel vehicles in big cities by 2027
📝  Hindustan Motors hopes to resume EV plans as it awaits dispute resolution
📝  FE CFO Awards: India will be top auto market in 5 years, says Gadkari
📝  EV push, pent-up demand: Why auto exports fell in April amid healthy sales?
📝  Stalin unveils foundation stone for Mitsubishi’s ₹1,891 project in Tiruvallur district
📝  Mitsubishi Electric to build India plant for $231 million, to create over 2,000 jobs
📝  Tata Motors weighs dividend after Dec quarter turnaround
📝  Vedanta appoints Terry Daly as advisor for semiconductor business
📝  Maharashtra must have vehicle scraping units in all districts
Read More >>

🎤 Interviews & Features

📝  New faces will compete with Amara Raja in lithium-ion batteries for years to come: Vikramadithya Gourineni
📝  How the petrochemicals industry is shaping India's growth towards a USD 5 tn economy
📝  End of India's dependence on Chinese lithium? How new lithium reserves can boost Electric Vehicle adoption
Read More >>

🚗 Cars / SUVs

📝  Kia Sonet Aurochs Edition launched in India, Priced at Rs 11.85 lakh
📝  Maruti Suzuki sees digital share in ad spends stabilising at about a third: Company official
📝  Mahindra XUV300 TurboSport variants get more expensive. Check new prices here
📝  Hyundai car discounts in May – Grand i10, i20, Kona EV prices slashed
📝  Top 5 most fuel-efficient petrol cars in India 2023
📝  Skoda: From safety to eyeing sub-four metre market
📝  Tata Nexon to Kia Seltos: 5 upcoming facelifts launching in 2023
📝  Kia launches special edition of Sonet SUV. Here's what is new
📝  Honda Brio facelift debuts in Indonesia: What’s special
📝  Hyundai Exter colour options revealed: Here are the details
📝  Zoomcar launches brand campaign #ApniHiSamjho
Read More >>

Electric-Cars / SUVs

📝  Hyundai to announce ₹15,000-cr plus investment programme in TN
📝  Tata Tiago EV becomes fastest in its segment with over 10,000 deliveries
Read More >>

🚗 Luxury Cars

📝  Mercedes-Benz India expects 25% EV share in total sales by 2027, says Lance Bennett, VP- Sales & Marketing
📝  Reduce levies on hybrids to push investments: Lexus
📝  Volvo to launch its smallest electric SUV EX30 on this date
Read More >>

⛟ Commercial Vehicles

📝  ETO Motors launches E3W fleet at Kachiguda Railway station, Hyderabad
📝  BharatBenz introduces first-ever truck driver training simulator for India
Read More >>

🏍 2/3 Wheelers

📝  FADA calls for action against illegal two-wheeler sales by unauthorised multi-brand outlets
📝  TVS Ronin vs Bajaj Avenger: Which motorcycle should you buy?
📝  KTM announces its first international tour — Upper Mustang Adventure to Nepal
📝  Royal Enfield Himalayan 450 caught testing again
📝  Honda drops 6G moniker from Activa 6G scooter lineup: Here’s why
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ather Energy installs 100th fast-charging station in Bengaluru
📝  TVS delivers 1,000 iQube electric scooters in 10 days
📝  Top 5 scooters for college students: TVS Ntorq, Ather 450X & more
📝  More affordable Ather 450S electric scooter in the works? Name trademarked
Read More >>

⚙ Components

📝  Gabriel India ties up with Dutch-based Inalfa Roof Systems for PV sunroofs
Read More >>

🌇 Allied Industries

📝  Overall connected vehicle tech grows 60% in India in Q1
📝  RACEnergy raises USD 3 m in equity, debt to develop battery swapping technology
📝  Zyngo Mobility raises USD 5 m in Pre-Series A funding Led by Delta Corp
📝  Apollo Tyres Q4 Results: Cons profit jumps 4-fold to Rs 427 crore, sales rise 12%
📝  Exide Industries misses Q4 profit view on high costs
📝  Ramkrishna Forgings to trade ex-dividend today
📝  CEAT to expand international business
📝  How to read your tyre sidewall markings
📝  Smooth ride for tyre stocks in the past one year
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Castrol India PBT falls 7% to 288 cr in Q1 2023 YoY
📝  India's April diesel sales soar, overall fuel consumption eases
📝  Oil prices climb as recession fears begin to fade
Read More >>

🌍 Emissions/Environment

📝  Transport dept officials want drive to lift overaged vehicles to resume
Read More >>

📖 Magazines News

📝  Kia Sonet Aurochs Edition launched at Rs 11.85 lakh
📝  FADA concerned about illegal 2W sales by multi-brand showrooms
📝  Low-cost Ather 450S in the works
Read More >>

📰 International News

📝  Chinese Light Vehicle wholesales up 8% to 2.38 m units in March
📝  Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
📝  China's car sales rise 2.1% in April as price war effect fades
📝  China to implement stricter vehicle emissions standards from July 1
📝  Ford to test small UK fleet of hydrogen fuel cell E-Transit vans
📝  China's April crude oil imports drop to lowest since January
📝  Daimler Truck sees higher returns as supply chains, demand improve
📝  Iveco takes full ownership of JV with Nikola on electric, hybrid trucks
📝  Stephen Roy succeeds Martin Weissburg as President of Mack Trucks
📝  Fisker’s debut SUV delayed by lingering software problems
📝  This tiny electric car comes with a body made of plants, promises a 150 km range
📝  TSMC’s Europe plan gives it a new global dimension: Tim Culpan
📝  'Trying to kill you": Apple co-founder unimpressed with Tesla AI
📝  Ford won’t follow nemesis GM, will continue using Apple CarPlay and Android Auto
📝  Tesla FSD V12 to come as end-to-end AI with major improvements, claims Elon Musk
📝  Kia recalls nearly 109,000 cars over non-functional digital instrument displays
📝  Porsche, Volkswagen Commercial Vehicles partner with Mobileye on automated driving software
📝  Hyundai Motor to invest $1.5 billion to build EV factory in South Korea: Details
📝  Rivian beats quarterly revenue estimates on higher-priced EV sales
📝  Lackluster results, production target cuts deepen EV start-up gloom
Read More >>


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