Top Indian Automobile Industry News & Updates - 31 May 2023,Wednesday

🏢 Industry

📝  Premiumisation to lift 2-wheeler revenue up to 14% this fiscal: Crisil
📝  Automovill opens 10,000 sq ft workshop in Kolkata, plans 10 more across India
📝  Ambani-backed EV maker said to be considering raising Rs 700 crore
📝  Hinduja Group appoints Amanppreet Singh Bhatia as Group President
📝  Credent launches India's largest Electric Vehicle (EV) Healthcare Delivery Fleet
📝  Amid EV hype, hybrids & CNG-run passenger cars shift gears
📝  Firm may respond in 3-6 months: Govt asks Tesla to submit road map for vendor base
📝  Indian automotive industry poised to become the next China says ZF
📝  NATRAX partners ATS to provide advanced testing and certification for ADAS, ride and handling service in India
📝  Accenture inducts over 200 EVs for employee transportation in India
📝  Switch Mobility to launch five new models in FY24
📝  Work on autonomous cars is on full throttle in India
📝  Delhi’s EV policy phase-2 to focus on charging infra, subsidies
📝  Auto engg looks up with shift to autonomous, EVs
📝  Chips have become the backbone of vehicles
📝  Deadline nearing, only 41% of Centre's FAME II scheme target met so far
📝  Force Motors freezes at 20% upper circuit, hits 52-week high on robust Q4
📝  13 out of 15 Nifty Auto companies delivered growth in net profit in March quarter; details here
📝  US to help India with chips’ standards, manufacturing
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🎤 Interviews & Features

📝  Tata Altroz CNG Review: No more half measures
📝  Zen Mobility seeks to create niche markets with innovatively designed EV Micro Pod and Maxi Pod for cargo delivery, says CEO Namit Jain
📝  Difficult to reduce share of commercial vehicle loans: Shriram Finance chief
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🚗 Cars / SUVs

📝  Hyundai Exter with skid plates teased ahead of launch
📝  Mahindra Scorpio-N, XUV700, Thar have over 2.50 lakh pending orders: Waiting period explained
📝  No petrol/diesel 4x4 SUVs from Tata Motors: Off-road tech to next be seen in electric avatar
📝  Should you buy Altroz CNG? Pros and cons of the stylish hatchback explained
📝  Mahindra Thar 5-door launch confirmed, but it's a long wait
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🚗 Luxury Cars

📝  Bipasha Basu and Karan Singh Grover gift their daughter a swanky new Audi Q7
📝  Jim Sarbh gets a BMW 6-Series GT in his garage
Read More >>

⛟ Commercial Vehicles

📝  Delhi could soon get 'premium' buses: Govt propose new bus aggregator scheme
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🏗 Construction & Agri Machinery

📝  Sany India opens dealership in Pune
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🏍 2/3 Wheelers

📝  Royal Enfield Hunter 350 gets second price hike: New vs old price list
📝  Norton V4CR: How different is it from the Norton V4SV?
📝  Two-wheeler sales to pick up, chip shortage to hit PV sales in May: Report
📝  Two-wheeler makers plan new launches in mid-size bike segment to challenge Royal Enfield's dominance
📝  Top 10 most affordable 100-110cc bikes in India: Honda Shine to Hero Passion Pro
📝  Bajaj plans electric 3-wheeler, first product during festive season this year
Read More >>

🚲 Electric 2/3 Wheelers

📝  Zen Mobility launches cargo E3W Micro Pod
📝  FAME electric two-wheeler beneficiary tally slashed
📝  Hero Electric not to hike price even after FAME II subsidy cut
📝  WardWizard Innovations & Mobility partners with iCreate to mentor EV startups
📝  You can save up to Rs 32,500 on electric scooters before June 1
📝  World Environment Week: Get Matter Aera e-bike with benefits up to ₹50,000
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🌇 Allied Industries

📝  Log9 Materials with Quantum Energy launches E2W ‘Bzinesslite’
📝  Epsilon MoU with KRI of Japan to set up battery materials and EV testing centre investing INR 300 cr
📝  Balkrishna Tyre's stock may remain under pressure amid weak demand scenario
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🌢 Fuels, Lubricants & Charging Stations

📝  After Reliance-bp, Nayara Energy sells petrol, diesel at INR 1 less than PSUs
📝  Future refineries in India may be smaller capacity, says minister
📝  Builders offer EV charging units in housing complexes in Jaipur
📝  Economics of biofuels
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💸 Finance & Insurance

📝  Suzuki Motorcycle India MoU with Bajaj Finance for two-wheeler financing
📝  5 factors to consider before applying for a pre-owned car loan
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📖 Magazines News

📝  Tata Nexon facelift likely to get paddle shifters
📝  Next-gen Toyota Vellfire leaked ahead of global debut
📝  5 upcoming Honda bikes, scooters in India
📝  Hyundai Exter design fully revealed
📝  Mahindra Thar 5 door to get a sunroof; launch next year
📝  Matter Aera prices to increase by Rs 30,000 from June 6
📝  Next-gen KTM 390 Duke TFT display revealed in spy shots
📝  Royal Enfield Hunter, Classic, Himalayan 411 prices hiked
📝  Mercedes Benz EQB 350 review: Powering Up
📝  Ola S1 Pro vs Ather 450X Gen 3 drag race: charging for the win
Read More >>

📰 International News

📝  Valeo and Didi Autonomous join to accelerate self-driving tech commercialization
📝  Toyota, Daimler Truck, Hino, Mitsubishi Fuso joining forces in ecological technology
📝  Tesla's Musk open to expanding in China, says foreign ministry
📝  Toyota, Daimler in deal to combine Japan truck operations
📝  China's Great Wall Motor plans EV battery assembly, research in Thailand
📝  Can the world make batteries for electric car without China?
📝  Indonesia sees USD 32 bn investment in battery chain, government official
📝  China's fuel oil imports soar as inspections curb bitumen blend intake
📝  Toyota's April global sales rise on stronger demand in Japan, China
📝  Flying cars may be a reality by end of this decade: Hyundai
📝  Hyundai Exter SUV shows its exterior design, looks bold in new teaser
📝   BYD outbids Tesla to supply EVs for Indonesia's largest taxi operator
📝  Kia, Hyundai Thefts Continue Three Months After Carmakers Deployed Fix
Read More >>


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