Top Indian Automobile Industry News & Updates - 29 May 2023,Monday
🏢 Industry
📝 Scaling up. Mahindra Group targets a $17 billion valuation for non-core businesses: Anish Shah
📝 India shouldn’t get taken for a ride by Tesla
📝 Tata Motors and Mahindra & Mahindra apply brakes on EV fundraise plans
📝 Mahindra flags persisting chip shortages as profit rises
📝 Showrooms raided for raising EV battery power illegally
📝 EV push gains steam in Delhi, focus on transport fleets
📝 Delhi EV policy achieves 86% of targets: Transport department
📝 Amid EV hype, hybrids & CNG-run passenger cars shift gears
📝 Zypp Electric to deploy two lakh vehicles in its fleet, invest USD 300 mn for expansion
📝 Mahindra raises capex outlay to INR 15,900 cr till FY24, will launch 5-door Thar next year
📝 Mahindra & Mahindra reports 18% growth in Q4 profit
📝 FAME 2 subsidy won't impact Indian EV industry's growth momentum, says Ola CFO
📝 Space shuttle to self-driving cars: LambdaTest wants to test every tech
📝 Bharat Forge targets defence as govt pushes for Make in India
📝 Tata Motors to build multi-billion pound EV battery plant in UK: Details
📝 Govt asks Greaves Electric Mobility to return ₹124 crore over FAME II violations
📝 Auto, durables sales, air traffic not good consumption indicators
📝 Entire e2W supply chain under stress as govt stance on subsidy hardens
📝 Tesla's U-turn on India in search for new assembly destinations for EV
📝 Healthy growth, valuations point to more gains for Mahindra & Mahindra
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🎤 Interviews & Features
📝 Tata Altroz iCNG vs petrol: Price, specs, mileage comparison
📝 FAME2 revision: Does the Indian EV industry need subsidies and the way forward
📝 Volvo EX30 SUV to be the automaker's greenest car ever. Here's how
📝 Car Review: Maruti Suzuki Jimny, Off the road, but off-track
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🚗 Cars / SUVs
📝 Maruti Suzuki expects production loss in Q1; anticipates some relief from July
📝 Maruti Suzuki with Kristu Jayanti College in Bengaluru to offer BBA in auto retail
📝 New MG Gloster Black Storm teaser reveals styling updates: Launch today
📝 Maruti Suzuki India Limited expects SUV models to eat into their respective market shares
📝 Maruti Suzuki Jimny vs Force Gurkha: Which 4x4 off-roader SUV should you buy?
📝 Midsize sedans not racy enough for Tata Motors
📝 Honda Elevate SUV spotted in Japan: India launch on June 6
📝 Maruti looks to rekindle Gypsy's legacy with Jimny
📝 Mahindra Thar 5-door launch postponed to 2024: Details inside
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🚗 Luxury Cars
📝 Volvo EX30 electric SUV, automaker's greenest car teased! Here's what all to expect ahead of launch on June 7
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⛟ Commercial Vehicles
📝 Turno: Go green with commercial EV
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🏍 2/3 Wheelers
📝 Norton launches its first and most powerful naked sport motorcycle, the V4CR
📝 Most powerful 150-160cc bikes in India: Yamaha R15 to TVS Apache
📝 Royal Enfield Himalayan 450 spied on test: Check out exhaust note and new design
📝 4 Royal Enfield motorcycles to launch in 2023: New Bullet 350 to Himalayan 450
📝 Importance of helmets & how to choose the right one for your motorcycle/scooter
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🚲 Electric 2/3 Wheelers
📝 Komaki launches updated TN 95 electric scooter at INR 1.31 lakh
📝 Ola Electric begins construction at its battery cell gigafactory
📝 Bhavish Aggarwal announces Ola Prime Plus service in Bengaluru
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🌇 Allied Industries
📝 Bridgestone looks to expand retail footprint in India
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🌢 Fuels, Lubricants & Charging Stations
📝 Tata Power collaborates with Ranchi Airport to install EV charging points
📝 Five common fuel economy myths busted
📝 Engineers India eyes non-fossil fuel business, overseas for new phase of growth
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🌍 Emissions/Environment
📝 Gujarat to launch draft green hydrogen policy within two months
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💸 Finance & Insurance
📝 Checklist to find a new insurer for your car
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📖 Magazines News
📝 Elevate, future Honda cars, SUVs in India to get ADAS
📝 Tata Motors expects CNG cars, SUVs to account for 30 percent of sales by 2030
📝 Maruti Jimny 5-door bookings evenly split between manual and automatic
📝 Feature: What we learnt driving 4,500km in an EV
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📰 International News
📝 Tesla Model Y becomes 1st EV to earn world's best-selling car tag
📝 Global EV market reaches 11 mn units in 2022, China's BYD leads
📝 French tyre maker Michelin sells its activities in Russia
📝 ISS backs Toyota shareholder proposal on climate disclosure
📝 Glass Lewis recommends investors vote against Toyota chairman
📝 Despite promises, automakers lack 'concrete actions' to decarbonise steel - Greenpeace
📝 Jeep recalls 90,000 Grand Cherokees over a faulty steering column. Details here
📝 Biden’s green subsidies are speeding the UK car industry’s decline
📝 This is how China is readying for EV domination as ICE age is nearing end
📝 Lula cuts car taxes to revive Brazil’s ailing auto sector
📝 New-gen Ford F-150 pickup truck to shed 2,400 components. Here's why
📝 First Aston Martin DB12 sold for $1.6 million at auction, to be donated to charity
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