Top Indian Automobile Industry News & Updates - 11 April 2024,Thursday

🏢 Industry

SIAM, Maharashtra Pollution Control Board conduct workshop on circular economy
The Society of Indian Automobile Manufacturers (SIAM), the apex body for the automobile industry, collaborated with the Maharashtra Pollution Control Board to jointly organise a ‘Circularity Workshop’ on ‘Extended Producer Responsibility Regime: An Innovative Policy Tool for Fostering a Sustainable Circular Economy in the Automotive Industry.’ 
Elon Musk coming to India this month, may announce Tesla's India plan during meeting with PM Modi
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement related to his plans to invest and open a new factory in the country, two sources with direct knowledge said.
Road ministry working on mega plan for building 50,000 km of new, access-controlled, expressways
New Delhi: The Ministry of Road Transport and Highways, in the first 100 of the formation of the next government, could unveil a mega plan for building 50,000 km of new, access-controlled, expressways by 2037 to help reduce logistic costs.
Toyota develops bio waste fuel for future
Mumbai: Toyota is looking beyond the traditional fuel options available in India to tap other green alternatives, such as bio waste fuel to be in line with the government's initiative of reducing dependence on imported oil. The Japanese automaker, which is currently offering petrol, diesel and battery electric in a limited manner as fuel options on its products in India and hydrogen for other global markets, is working on a range of solutions for generating biogas for the long term.
MG Motor India, Adani TotalEnergies E-Mobility sign MoU to strengthen EV ecosystem
Adani TotalEnergies E-Mobility Limited (ATEL), a wholly owned subsidiary of Adani Total Gas Limited (ATGL), and MG Motor India have signed a Memorandum of Understanding (MoU) to strengthen the EV charging infrastructure in India.
Musk, Ambani on a drive? Tesla likely seeks JV with Reliance for Indian EV manufacturing
Elon Musk's Tesla in talks with Reliance to set up Indian operations; company on scout for EV plant sites: Report
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Govt approves 11 EV manufacturers for receiving incentives under EMPS

“A total of 11 firms have been granted approval under the EMPS, with several more under consideration,” informed a senior official of the ministry to Business Standard.
Govt asks auto industry to prepare ‘Automotive Mission Plan 2047’
Prime Minister Narendra Modi has reportedly asked the automobile industry make a comprehensive plan to be announced as part of his ‘first 100 days’ of the new government. The ambitious ‘Automotive Mission Plan (AMP) 2047’ is to be announced in September.
📝  Tesla's entry in India a natural progression: Elon Musk
📝  Deadline extended for submission of R&D proposals under Green Hydrogen Mission
📝  Hindu New Year boosts real estate, auto sector biz
📝  Tata Motors global wholesales up 8% at 3,77,432 units in Q4 FY24
📝  'Looking forward to meeting with PM Modi': Elon Musk confirms India visit
📝   FY25 auto growth will be moderate; pent up demand for personal mobility dries up: Ind-Ra
📝  Q4 earnings preview: Auto sector revenue to grow 15% YoY on steady PV, 2W demand
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🎤 Interviews & Features

Still, driving without FasTag? Here’s why it is mandatory
In recent months, there has been a lot of uncertainty around FasTag. We answer all of your questions and explain how to update your FasTag KYC from the comfort of your own home by online logging. Just to refresh everyone’s memory, the National Highways Authority of India (NHAI) published two announcements earlier this year: FasTags with completed KYC would be revoked by January 31, 2024, and the “One car, One FasTag” regulation will take effect on April 1, 2024. As the policy’s name implies, only one FasTag can be registered to a vehicle.
📝  Connectivity and safety: Key facets in the future of mobility
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🚗 Cars / SUVs

MG Motor India launches Hector Blackstorm at INR 21.24 lakh
New Delhi: MG Motor India Wednesday launched the Blackstorm edition of MG Hector in India at an introductory price of INR 21.24 lakh (Ex-Showroom).
Maruti Suzuki hikes prices of Swift and Grand Vitara varaint
New Delhi: Maruti Suzuki increased prices for one of its top-selling products, Swift, and for selected variants of Grand Vitara from Wednesday, April 10, 2024.
New Hyundai Creta gets 1 lakh bookings in 3 months
New Delhi: Hyundai Motor India Limited (HMIL) said on Wednesday that its best selling SUV Creta has received over 1 lakh bookings in 3 months of its launch.
Maruti Suzuki applies for Bharat-NCAP safety ratings for some vehicles
Maruti Suzuki has applied for Bharat New Car Assessment Programme (Bharat-NCAP) safety ratings for some of its vehicles, a senior government official has said. Last year, Tata Motors' SUVs Safari and Harrier became the first recipients of the safety rating for adult and child occupant protection as per Bharat-NCAP. The SUVs were given 5-star rating.
Jeep Compass Night Eagle launched at Rs 25.39 lakh
Jeep India has launched the limited-edition Compass Night Eagle in India, priced at Rs 25.39 lakh, ex-showroom. Building upon the success of the Compass SUV range, the Night Eagle variant comes with an all-black colour scheme.
Top 10 PVs in March 2024: Tata Punch takes up No 1 spot, Maruti slips to third
In a notable shift, Maruti Suzuki relinquished the top two slots in March 2024 sales to Tata Motors and Hyundai India, reflecting the evolving dynamics of the automotive market.
First price hike for 2024 Hyundai Creta: Find out how much it costs
Hyundai introduced the 2024 Creta in January of this year, and it has since broken sales records in the mid-size SUV sector. In February, it set a sales record of 15,276 units, which was surpassed in March by 16,458 units. The Creta also became the second-best-selling vehicle in March 2024. The South Korean company has chosen to increase the price of the new Creta for the first time. 
Top 3 best-selling Hyundai models in March 2024
Hyundai has managed to regain lost ground with the launch of the new Creta in March sales. That said, most of its popular models have seen a decline in sales as well, and here are the top three best-selling Hyundai models in March 2024.
Maruti Cars: You just missed saving Rs 25,000 on Maruti Swift as company raises car prices
Maruti Suzuki raises price of select cars, Swift hiked by up to Rs 25,000
📝  Maruti Suzuki sub-brands drive dominance in Indian PV market. Here’s how
📝  Big discounts of up to Rs 40,000 on Tata cars in April 2024: Altroz, Nexon and more
📝  Toyota Urban Cruiser Taisor vs Kia Sonet: Which one to choose
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Electric-Cars / SUVs

📝  MG Cloud EV spotted for the first time in India
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🚗 Luxury Cars

Anant Ambani’s car collection could leave most collectors wanting more
The Ambanis are no strangers when it comes to expensive cars and exotic wheels. We recently saw Nita Ambani take delivery of a Rolls-Royce Phantom VIII EWB, finished in a unique Rose Quartz exterior shade with Orchid Velvet interiors with her initials.
JLR posts best Y-o-Y performance with growth of 81% to 4,436 units
New Delhi: JLR India today reported its sales performance for the full year ended March31, 2024 with retail sales of 4,436 units, and year-on-year growth of 81%. This is one of the best performances in the market since the company’s launch in India in 2009 and its highest in the last five years, the company said.
From Maybach GLS 600 to GLE 350D, here’s Kangana Ranaut’s car collection
Bollywood actress Kangana Ranaut recently grabbed headlines once again when she was announced BJP’s Lok Sabha candidate for the upcoming 2024 general elections from Mandi constituency in Himachal Pradesh. Known for always voicing her strong opinions, Ranaut also made headlines when she brought home a new swanky Mercedes Maybach GLS 600.
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⛟ Commercial Vehicles

📝   BMTC set to introduce air-conditioned electric bus in Bengaluru
📝  NIIF invests $200 million in Ibus to boost digital infrastructure in India
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🏗 Construction & Agri Machinery

Sonalika Tractors records overall market share of 15.3% in FY24
New Delhi: India’s leading tractor export brand, Sonalika Tractors concluded FY24 with an overall estimated annual market share of 15.3%. This includes an estimated 34.4% tractor exports market share establishing Sonalika as India’s number one tractor exporter by leveraging its out of the box approach, the company said.
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🏍 2/3 Wheelers

First edition of TVS ARE GP Cup concludes
TVS has successfully concluded the first-ever racing championship for its TVS Apache customers. In a strategic move to connect with consumers in 20 key cities, TVS Racing launched a comprehensive platform that brought racing aficionados together through a unique experiential. T
Bajaj Auto launches Pulsar N250 at INR 1.5 lakh
New Delhi: Bajaj Auto, a leading two-wheeler and three-wheeler company, launched the all-new flagship of the N Series – the Pulsar N250. The Pulsar N series has a strong line up from Bajaj, with the N160 launched in July 2022 and the N150 in September 2023, both of which hold an enviable position in the 150-160 cc category.
📝  Confirmed: 2024 Bajaj Pulsar NS400 set for launch on May 3rd
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🚲 Electric 2/3 Wheelers

Zypp Electric strengthens leadership team with 4 new appointments
Zypp Electric, one of India’s leading tech-enabled EV-as-a-service platform has announced the appointment of four industry veterans to its leadership team. These strategic hires underscore Zypp’s commitment to accelerating growth and innovation as it aims to disrupt the electric vehicle (EV) landscape across the nation.
Gemopai cuts e-scooter prices
New Delhi: Gemopai, an EV startup, has reduced the prices of its entire lineup of e-scooter models, including the Ryder, Astrid Lite, and Ryder Supermax.
Bounce Infinity with Clean Electric launches e-scooter with liquid-cooled battery for INR 99,210
Bounce Infinity, India's pioneering electric scooter, has launched electric scooters with portable liquid-cooled battery technology in collaboration with Clean Electric. The vehicles are available for purchase across the country at an ex-showroom price starting at INR 99,210, the company said.
📝  Okaya announces limited time offer, to sell EVs at old prices post FAME II
📝  Yamaha shifts greener motorcycle strategy in favour of ethanol, not EVs
📝  Ola S1 Pro and S1 Air get this special offer till 15th April. Check details
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⚙ Components

Uno Minda lays foundation for INR 542-cr greenfield alloy wheel plant in Haryana
New Delhi: Uno Minda Limited (Uno Minda) (formerly known as Minda Industries Limited), a leading global manufacturer and supplier of proprietary automotive solutions to OEMs as Tier 1, Wednesday laid the foundation stone for its upcoming greenfield passenger vehicle alloy wheel plant with a capacity of 120,000 wheels per month at IMT Kharkhoda, Haryana.
📝  Hiranandani-Blackstone JV leases out 3 lakh sq ft industrial space to United Industries
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🌇 Allied Industries

Vitesco Technologies selects DHL Supply Chain to drive sustainability for its logistics needs
Vitesco Technologies, a leading powertrain company has formed a new strategic partnership with DHL Supply Chain as its Lead Logistics Partner (LLP). This is part of its focus on increasing sustainability, resilience and efficiency in logistics.
Bridgestone India mid-term biz plan targets 25% revenue growth, 10 mn sales by 2026
New Delhi: Bridgestone India, the domestic arm of the Japanese tyre major, on Wednesday said it aims to be a market leader in premium tyres. In its mid-term business plan, the company looks to clock 25% growth in revenue between 2024 and 2026 and projects annual sales of 10 million tyres by the next two years.
📝  Tessolve joins with NXP to produce digital connected cluster for mass-market 2Ws
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🌢 Fuels, Lubricants & Charging Stations

GoMechanic partners with ExxonMobil for engine oil technology
New Delhi: GoMechanic has partnered with ExxonMobil Lubricants Pvt. Ltd. (ExxonMobil) for engine oil technology.
📝  Solar energy to power EV charging stns
📝  Europe becomes top spot for India’s exports of petroleum products
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📖 Magazines News

Volvo XC40 Recharge single motor review: Easy Going
Source Credit: Autocar India

What you see here is the new entry point to Volvo’s India range. This is the all-electric XC40 Recharge Single Motor and as the name spells out, it drops the price by dropping a motor. The Single Motor model features only a rear axle-mounted motor versus the Twin Motor, which has a motor at each axle. It’s got a smaller battery too and makes do with fewer features as well. For all the paring down, you’d expect it to be a whole lot more affordable than the Twin Motor, right? Well, your savings are only to the tune of Rs 3 lakh. Volvo sales executives would need to be at their A-game to steer a potential buyer from a Twin Motor to this Single Motor. But let’s judge the SUV for what it is.
Bajaj Pulsar NS400 India launch on May 3
Source Credit: Autocar India

We were the first to report last year that Bajaj is working on the biggest Pulsar ever – the Pulsar NS400 – and we can now confirm that the bike will launch on May 3.
Ultraviolette F77 battery warranty doubled free of cost
Source Credit: Autocar India

Ultraviolette Automotive has announced a new battery and drivetrain warranty structure for its F77 electric bike. With this new structure, the warranty for the battery pack has been doubled as standard, free of cost. 
New Toyota 4Runner SUV revealed
Source Credit: Autocar India

The popular Toyota 4Runner SUV has received its first major redesign in 15 years. The SUV is primarily aimed at the North American market, but is also sold as the Hilux Surf in a few other countries. With this update, the 4Runner now sits on a new modular platform, and gets a new design, more features and better off-road tech.
Jawa Perak, 42 Bobber updated; prices start at Rs 2.10 lakh
Source Credit: Autocar India

The Jawa Perak has been updated for 2024 with a new ‘stealth dual tone’ paint scheme that retains the dark theme of the previous model.
Bajaj Pulsar N250 update launched at Rs 1.51 lakh
Source Credit: Autocar India

The 2024 Bajaj Pulsar N250 has been launched at Rs 1,50,829 (ex-showroom, Delhi), which is an increase of just Rs 829 over the outgoing model.
Pininfarina chairman Paolo Pininfarina dies aged 65
Source Credit: Autocar India

Paolo Pininfarina, chairman of the Pininfarina Group, passed away yesterday at the age of 65. Born in Turin on August 28, 1958, Paolo graduated in mechanical engineering from the Polytechnic University of Turin. After working with Cadillac, Honda and General Motors, he began his professional journey at Pininfarina in 1982. In 1987, he assumed the position of president and CEO of Pininfarina Extra SpA, a company within the Group specialising in industrial design, furniture, architecture, nautical and aeronautical design.
MG Hector Blackstorm Edition launched at Rs 21.25 lakh
Source Credit: Autocar India

MG Motor India has launched the new Hector Blackstorm Edition, with introductory prices starting at Rs 21.25 lakh for the petrol-CVT variant, going up to Rs 22.76 lakh for the diesel-MT 6-seater variant, ex-showroom, India. The Hector is the third model in MG’s line-up, after the Gloster and the Astor, to get a Blackstorm Edition, and akin to them, it gets a blacked-out exterior and interior and remains mechanically unchanged.
Production spec Mercedes EQG to make global debut on April 24
Source Credit: Autocar India

Mercedes will reveal the long-awaited final production version of the electric G-Class at the Beijing motor show later this month. Previously known as the EQG concept and showcased in our country under that name earlier this year, the electric 4x4 will be sold as the G580 with EQ Technology after it launches in India later this year, following its reveal on April 24 at Auto China.
Maruti Ertiga, Brezza waiting period to reduce as Manesar plant gets new assembly line
Source Credit: Autocar India

Maruti Suzuki has expanded production capacity at its Manesar plant by one lakh units per annum, taking the total capacity to nine lakh cars.
Limited-run Jeep Compass Night Eagle launched at Rs 25.39 lakh
Source Credit: Autocar India

Jeep has launched the Compass Night Eagle edition in India, which is essentially an all-black edition of the SUV, at a starting price of Rs 25.39 lakh.
Bridgestone introduces premium Turanza 6i tyres in India
Source Credit: Autocar India

Japanese tyre maker Bridgestone has introduced its latest range of premium passenger car radial (PCR) tyres in the Indian market. The company has introduced the Turanza 6i Enliten tyres, which are available in 36 SKUs with sizes ranging from 14-inches all the way up to 20-inches, catering to premium hatchback, compact SUV, mid-size SUV, and sedan buyers.
Branded content: The award winning Honda Elevate
Source Credit: Autocar India

Honda needs no introduction. It’s a brand nearly as old as our country, and over the course of its rich 76-year history, it’s rolled out some truly breathtaking icons. With such pedigree, expectations run high every time a new Honda breaks cover, and even more so when we’re talking about the hotly contested midsize SUV space in India. After taking its time to study the segment’s various intricacies and nuances, Honda finally rolled out the Elevate.
New Ford Endeavour likely to return as Everest in India
Source Credit: Autocar India

Ford India is bringing back the Endeavour to India and it's likely to be badged the Everest – the American brand uses the nameplate in Australia and Thailand. Ford India could not use the Everest name here earlier as it was trademarked to another entity, but Ford is understood to have secured the rights for the Everest name now and plans to relaunch it under this moniker.
Future BMW EVs to be powered by Rimac batteries
Source Credit: Autocar India

Croatian EV maker Rimac’s engineering division, Rimac Technology has announced that it will provide batteries for the next generation of BMW electric cars. Rimac has inked a supply deal with the BMW Group that is said to be "the largest and most ambitious project the company has undertaken to date". 
Hyundai Creta facelift gathers 1 lakh bookings since January 2024 launch
Source Credit: Autocar India

Around three months after its price announcement, the Creta facelift has gathered over one lakh bookings, Hyundai India has announced. Deliveries for the updated Creta are in full swing at the moment.
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📰 International News

Ferrari and NXP supported University of Bologna inaugurates E-Cells Lab
The University of Bologna inaugurated E-Cells Lab, a research centre for electrochemistry within its centre. The laboratory, which was set up under the university’s scientific direction, aims to build knowledge of the materials, and the chemical and physical properties, of lithium cells.
German premium carmakers struggle to revive demand in China
German premium carmakers took a further hit to their Chinese sales in the first quarter, data from the companies showed on Wednesday, with Porsche and Mercedes-Benz also struggling with supply chain troubles.
Porsche partners with ClearMotion for its smooth suspension tech
German luxury automaker Porsche has partnered with ClearMotion to validate the U.S. startup's active suspension technology and road-reading software and has signed a licensing agreement for its technology, the companies said on Tuesday.
China's auto factory capacity is not growing fast, industry group says
Chinese auto factories' capacity is not growing fast and idled capacity is being closed instead, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Wednesday.
China, India top buyers of Russian seaborne fuel oil, VGO in Feb, LSEG data shows
China and India remained the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in February, with both countries continuing to buy the fuels to partially replace crude oil, traders said and LSEG data showed.
BMW, Croatia's Rimac partner on high-voltage EV battery technology
BMW, Rimac Tech ink long-term partnership for high-voltage battery tech for EVs
The Financial Express
China's EV makers order record number of ships to support car exports
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world's fourth-largest fleet by 2028.
📝  Court upholds California's authority to set nation-leading vehicle emission rules
📝  Cruise to reintroduce human-driven vehicle fleet in Phoenix
📝  Ascend Elements, Elemental Strategic Metals form European EV battery recycling venture
📝  Want to buy an electric car? Five essential considerations to keep in mind
📝  BMW charges up, outperforms Tesla and Mercedes in Q1 EV Sales
📝  Aye, aye captain: EV boom bolsters demand for mammoth car-carrying ships in China
Read More >>


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