Top Indian Automobile Industry News & Updates - 30 May 2023,Tuesday
🏢 Industry
📝 Gati designs green logistics solutions for Schneider Electric in select cities
📝 Mukesh Ambani-backed EV maker Altigreen is said to weigh raising $85 million
📝 Nifty Auto outperforms on revving vehicles sales. Will the index maintain momentum?
📝 Wardwizard establishes EV Centre of Excellence for defence personnel
📝 Mahindra & Mahindra shares jump over 5% after Q4 profit jumps 18%
📝 No more ride cancellations! Ola brings Prime Plus service for Bengaluru customers
📝 Tesla steps to revive India plans for projected capacity expansion
📝 New Energy Electric Vehicles in Gangbei District of Guigang City Enters the ASEAN "Blue Ocean" Market
📝 Dual use of autorickshaws for cargo and passenger transport feasible: WRI India
📝 Kochi to have special zone for electric vehicle industry
📝 Analysts pencil in 38% upside for M&M after a robust Q4
📝 M&M stock likely to retain momentum amid strong SUV show
📝 Mahindra sees no hit to rural sales
📝 M&M: Focus on EVs, clear timelines
📝 Mitsubishi, Tesla, Ola Electric to bid for India's lithium reserves
📝 Mahindra & Mahindra stock jumps nearly 4%; m-cap climbs ₹5,919 crore after earnings announcement
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🎤 Interviews & Features
📝 INR45,000 crore cash reserves, 3.5 million sales by 2030: what’s behind Maruti’s mega expansion
📝 10 Maruti Jimny features that Mahindra Thar does not offer
📝 Tata Altroz CNG first drive review: Evolution wins against excuses
📝 Our focus right now is to grow all our businesses: Anish Shah, Mahindra Group
📝 Can EVs fill the diesel ICE space?
📝 MG Gloster gets an all black edition: Here’s how much it is priced
📝 Get ready to pay more for your electric scooter
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🚗 Cars / SUVs
📝 MG Motor India introduces Advanced Gloster Blackstorm for INR 40.30 lakh
📝 Nissan introduces Magnite Geza Special Edition at INR 7.39 Lakhs
📝 Maruti Suzuki expects production loss in Q1; anticipates some relief from July
📝 Mahindra Thar 5-door launch in 2024: No new launches in 2023
📝 'Shubman Gill's Mahindra Thar must be growling with pride': Anand Mahindra lauds ace GT batter
📝 Used car startups take a U-turn as sales remain sluggish
📝 Maruti Suzuki Jimny: Banking on Gypsy's legacy to take on the SUV challenge
📝 Honda Elevate new spy shots emerge: Exterior design clearer
📝 No petrol/diesel 4x4 SUVs from Tata Motors: Off-road tech to next be seen in electric avatar
📝 Hyundai's new headlamp tech can reduce accidents: Displays driving info on the road
📝 Planning to buy Maruti Suzuki Fronx? Know the waiting period for the SUV
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Electric-Cars / SUVs
📝 Cutting-edge technology, superior performance & a sustainable future: Why Kia EV6 is the talk of the town
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🚗 Luxury Cars
📝 Ajay Devgn buys super luxury BMW i7 EV worth Rs 1.95 crore, comes with cinema screen to play PS5
📝 Next-gen Lexus LBX SUV exterior teased: Global debut on June 5
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⛟ Commercial Vehicles
📝 Electric buses set to ply on selected routes in Lucknow, Ghaziabad as pilot project
📝 NueGo expands intercity e-bus service operations in southern India
📝 Omega Seiki Mobility in talks to raise $100 mn
📝 Delhi could soon get 'premium' buses: Govt propose new bus aggregator scheme
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🏗 Construction & Agri Machinery
📝 Tractor industry to grow in low single digits: Mahindra & Mahindra
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🏍 2/3 Wheelers
📝 New Bajaj-Triumph Scrambler vs Harley-Davidson X440: Which upcoming motorcycle should you buy?
📝 Royal Enfield's anticipated Himalayan 450 motorcycle spotted testing in India. What to expect
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🚲 Electric 2/3 Wheelers
📝 FAME electric two-wheeler beneficiary tally slashed
📝 Buy Ola, Ather, Chetak electric scooters now and save up to Rs 35,000: Here’s how!
📝 Ola Electric scooters saved over 2 crore litres of petrol in 18 months, says CEO
📝 Conventional 2W makers take prime spot in EV sales, courtesy Bajaj, TVS
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🌇 Allied Industries
📝 Goodyear's India unit posts near two-fold jump in Q4 profit on easing costs
📝 Balkrishna Industries shares tumble 9% after Q4 profit declines 31% YoY
📝 Debt-to-earnings ratio of steel producers to remain below 2 times in FY24: Crisil Ratings
📝 Local steel prices may fall further on China exports
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🌢 Fuels, Lubricants & Charging Stations
📝 BPCL teams up with BARC to scale up alkaline electrolyzer tech for green hydrogen production
📝 Oil rises after US leaders strike provisional debt deal
📝 Electric vehicles use 11 different fluids, says Debanjali Sengupta of Shell Lubricants
📝 BPCL develops ethanol-diesel blend to reduce emissions
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🌍 Emissions/Environment
📝 Carbon emissions spectrum and the steps to decarbonize the Built Environment
📝 Nitin Gadkari reiterates need to develop greener fuels. Details here
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💸 Finance & Insurance
📝 Will borrow about ₹60,000-cr for FY24: Shriram Finance, MD & CEO
📝 Why Should You Buy Car Insurance Online in India?
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📖 Magazines News
📝 Is this the Royal Enfield Hunter 450?
📝 Tata Altroz CNG review: Best of both worlds?
📝 MG Gloster Blackstorm edition launched at Rs 40.30 lakh
📝 Honda Elevate fresh spy shots show more details
📝 Next gen Lexus GX SUV teaser previews rugged luxury off-roader
📝 Kia Sonet facelift global debut next year
📝 Maruti Suzuki Brezza long term review, 3,600km report
📝 What we learnt driving 4,500km in an EV
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📰 International News
📝 Nvidia, MediaTek partner on connected car technology
📝 Tesla Cybertruck interior image leaked: Steering mounted indicators, instrument cluster delete and more
📝 Tesla Model Y is first EV to become world’s bestselling car. Details here
📝 How smart cars are overturning China’s age-old auto supply chain
📝 Honda Elevate SUV, to debut on June 6, spotted testing in Japan
📝 United States EV push attracts Australian mineral sales
📝 This is the first EV designed in Africa, debuting in 2026. Details here
📝 Tesla to open Superchargers to non-Tesla EVs in Canada
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