Uber launches Green rides in Bengaluru
Uber has introduced its eco-friendly service, Uber Green, in Bengaluru, providing residents with the option to book sustainable rides in electric vehicles (EVs). The maiden Uber Green vehicles were inaugurated by Karnataka IT minister Priyank Kharge at the Bengaluru Tech Summit 2023.

40% urban Indians would opt for alternative fuel vehicles: Survey
The survey, conducted by Growth from Knowledge (GFK)'s Indian Automotive Industry Trends and Outlook indicates that the country's automotive landscape is undergoing a transformative shift with customers desirous of opting for alternative fuel cars, said the company executive Ravi Arya.

Karnataka New EV Policy 2023-28: EV stakeholders eye buyers-centric subsidies
The Karnataka Government is ready with the final new EV Policy and doing touch-ups before the release, which is scheduled for two weeks, according to a report by the Economic Times.

Budget 2024-25: Auto Inc says infrastructure push and policy continuity key driver, hopes for no surprises
The Finance Ministry has begun working on the upcoming Union Budget 2024 (Interim), which will provide a tentative indication of the government’s intent and future push.

Malaysia's Sime Darby seeks to expand car retail business into India, Indonesia - CEO
Sime Darby, Malaysia's industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to tap into the growth potential of both economies, its top executive told Reuters.

JSW Group partners SAIC Motor to acquire 35% stake in MG Motor India
Sajjan Jindal-led JSW Group has entered into a joint venture with Chinese automotive major SAIC Motor to pick up 35 percent stake in MG Motor India.

Rapido launches ‘5 Nahi Toh 50’ campaign, promises confirmed auto allocation in 5 minutes
Rapido, an app-based commute service, releases ‘5 Nahi Toh 50’ guarantee auto campaign. This initiative promises users confirmed auto allocation in 5 minutes of search time. Rapido sweetens the deal in case of any delay by offering 50 Rapido coins as a reward. This customer-centric approach is all set to transform the commuting experience in Delhi, Mumbai, Chennai, Pune, and Bengaluru, promising unmatched convenience, reliability, and heightened user satisfaction.

Ola Cabs to launch in-app UPI transactions
Ola Cabs has announced that it is revamping its digital payments experience, where users will be able to use UPI to pay the driver directly through the Ola app. The feature will launch in Bengaluru by the end of this week and is expected to be rolled out pan-India over the course of December, CEO Bhavish Aggarwal said on Thursday.

ETAutoEVC: Bajaj Auto explores tie-ups as it readies Chetak for exports
New Delhi: The iconic Chetak may soon be exported as Bajaj Auto is exploring the potential to sell this electric scooter in markets outside India.

ETAutoEVC: India may be the last one standing in ICE, says CV Raman of Maruti Suzuki
New Delhi: The automotive industry's contribution to Indian manufacturing will grow to about USD 2 trillion to USD 4 trillion by 2047 from about USD 0.2 trillion currently, said CV Raman, Chief Technical Officer (CTO), Maruti Suzuki.

JSW, China's SAIC form new India venture for green mobility
Indian conglomerate JSW Group and China's SAIC Motor have formed a joint venture in India with a focus on green mobility and to develop the electric vehicle ecosystem, the two companies said in a statement on Thursday.

Tata Motors up 36% in 6 months can gain more zip on turbo boost from arm
ET Intelligence group: Tata Motors has gained 36% on bourses over the past six months following improving financial performance. The stock is likely to appeal investors further given a strong debut of the subsidiary Tata Technologies, which will increase the sum-of-parts valuation of the parent. In addition, the performance of the UK subsidiary Jaguar Land Rover has been improving.

TN govt signs MoUs for INR 5,567 crore MSME investments
Ahead of the Global Investors Meet (GIM) in January, the MSME department of the Tamil Nadu government on Wednesday signed 293 MoUs to bring in investments of 5,567 crore. The investments will be made across sectors such as auto components manufacturing, aerospace and defence equipment, electronic gadgets, IT equipment and trading in the Chennai region.

Used car marketplace 'Droom' plans to come up with IPO in March 2025
The founder and CEO of used car marketplace 'Droom', Sandeep Aggarwal said on Wednesday that the company plans to come up with an initial public offering (IPO) in March 2025.

Cars4all plans $3-4 m fundraise to expand used car business
Chennai-based used car start-up Cars4all proposes to raise $3-4 million for its expansion programme. The used car market in India is still at a nascent stage and highly unorganised. The Central government’s effort to regulate the segment is expected to have a positive impact on the market. “India’s used car market presents a huge opportunity. This space suffers without adequate organised players. Though some disruptions have been made by some new-age players, the market potential is immense,” M Selvarathinam, Founder and CEO of Marvar India Pvt Ltd, which owns and runs the five-year-old Cars4All, told BusinessLine.

Punch, Curvv, Harrier EVs: 8 Upcoming new Tata Motors cars expected to launch in India soon
Tata Motors is currently the leading carmaker in India in the electric vehicle segment. It offers models like Nexon EV, Tiago EV and Tigor EV. Tata also has two of India's best-selling SUVs in Nexon and Punch. The carmaker recently launched the facelift version of the Harrier and Safari SUVs. Besides EVs and ICE vehicles, Tata also offers a few CNG models including the Tigor, Tiago, Punch and Altroz. The carmaker will expand all these portfolios with new models in coming days.

Jawan actor Nayanthara gets a Mercedes-Maybach gifted by husband Vignesh as birthday gift
The Mercedes-Maybach S-Class is the limousine version based on the S-Class and is priced from ₹2.69 crore onwards, while the Mercedes-Maybach GLS is based on the GLS SUV and is priced from ₹2.96 crore onwards. All prices are ex-showroom India, and before the personalisation options kick in.

Ranbir to Dhoni: Celebs who own Mercedes Benz G Wagon
Mercedes Benz G-Wagon isn’t merely a car but a statement of opulence combined with military ruggedness. From its unmatched off-road capabilities to a luxurious cabin experience, the G-Wagon is a benchmark for all modern luxury SUVs. These reasons make it favourite among the wealthy citizens of India.

Audi TT production comes to an end
After being in production for 25 years, Audi has pulled the plugs on the TT sports coupe, rolling out the last unit from its plant in Hungary. Since its first launch in 1998, Audi has sold over 6.62 lakh units of the TT globally, including India.

Rs. 10-cr Lamborghini hybrid car on the way

New Delhi: Italy-Based Super sport carmaker Lamborghini will launch its first-ever V12 plug-in hybrid Revuelto, priced at $600,000, in India on December 6.The cost will be upwards of Rs. 10 crore as the company will import fully-built units. At the current exchange rate, $600,000 is about Rs. 5 crore, and India imposes 100% duty on fully built imported cars with a CIF (cost, insurance and freight)value of more than $40,000. After adding local registration charges, the price of the Revuelto in the domestic market will be in excess ofRs. 10 crore. The cost will be higher if the buyer opts for personalised customisation.  Sharad Agarwal, head of Lamborghini India, told FE that even though the average ex-showroom price of Lamborghini cars in India is a little over Rs. 4 crore, most buyers opt for customization that can run into a crore or more per car. "Buyers want to make a Lamborghini their own' —and love to splurge on customised interiors and exteriors, according to their taste," Agarwal said. 

BMW trademarks iM3 nomenclature, hints at an upcoming high-performance EV from M division
 Interestingly, in July 2023, BMW M boss Frank van Meel expressed his interest in making the next generation M3 and M4 all-electric, provided they can exceed the performance metrics of the current internal combustion engine-powered lineup. The BMW M3 is a popular performance car from the automaker. Giving it an all-electric touch could be viable for the brand from a business standpoint. However, there are technical challenges as well, which BMW has to overcome. The heavy battery pack could impact the performance and handling prowess of the BMW M3's electric avatar.

Take this sports car for a joyride on an Indian road
 

Tata Motors begins deliveries of Prima VX tipper
Redefining customer excellence, Tata Motors, India’s largest commercial vehicle manufacturer, has started deliveries of state-of-the-art Tata Prima VX tipper truck with top-of-the-line safety features.

Next-gen Renault Duster engine specifications revealed
With all the hype about the next-generation Renault Duster’s India launch, details have been sparse for enthusiasts. Apart from knowing that the Duster will be based on a CMF-B global platform and derives design inspiration from the Dacia Bigster concept, only a few images have been revealed. Now, the Duster has been officially unveiled by Dacia in Portugal.

Kia Sonet facelift SUV, to debut in December, could get Seltos-like features. Key changes expected
Kia Sonet facelift SUV was earlier leaked through social media offering a clear idea about the changes the model will undergo in its new avatar. The exterior of the 2024Kia Sonet is unlikely to be too different from its predecessor. Unlike the new Seltos, launched in July this year, Kia has kept the changes small and simple for the Sonet facelift version. These include a redesigned front bumper and headlight cluster with tweaked LED DRL units. At the rear, the taillight units have also been redesigned and will come with a connected LED lightbar too. The design of the alloy wheels will also see changes.

India close to securing lithium reserves overseas: Pralhad Joshi

New Delhi: India is closing in on lithium reserves overseas, said Pralhad Joshi, Union Minister of Mines, Coal and Parliamentary Affairs. While there is “limited resource availability” of lithium and critical minerals, the plan going forward would be to secure supplies from other countries. According to Joshi, the Geological Survey of India (GSI) has taken up 125 exploration projects this year, the highest ever, as the Ministry is upping the ante on the availability of critical and strategic minerals within India. Earlier this year, a list of 30 critical minerals was announced that include lithium, cobalt, copper, graphite, molybdenum, nickel, platinum of elements (PGE), phosphorous, potash, rare earth elements (REE), silicon, tin, titanium, and tungsten.

Mahindra XUV300 facelift spied again, launch in 2024
 

Farm equipment maker CLAAS India appoints Sriram Kannan as its new CEO and MD
CLAAS Agricultural Machinery Pvt Ltd, the wholly-owned Indian subsidiary of the German agriculture machinery manufacturer has appointed Sriram Kannan as the new Chief Executive Officer & Managing Director of CLAAS India.

Two-wheeler volumes expected to grow by 4-7% this fiscal: ICRA Report
Two-wheeler retail sales are expected to increase by just 4-7% in volume terms in the domestic market this fiscal year despite logging strong growth in the festive period, according to a report.

Royal Enfield Himalayan 450 deliveries commence in India
Powering the new Himalayan is an all-new engine which Royal Enfield calls Sherpa 450. It is a single-cylinder unit that gets liquid cooling and produces a max power output of 39.5 bhp at 8,000 rpm and 40 Nm at 5,500 rpm. It is mated to a 6-speed gearbox with slip and assist clutch. The motorcycle also gets ride-by-wire which has enabled Royal Enfield to offer riding modes. There are two of them - Performance and Eco. The only difference between the two is the throttle response.

Keeway TX450R adventure rally motorcycle unveiled — Here’s what you should know
Adventure motorcycles styled after Dakar rally machines are growing popular and in recent times, a Chinese company named Kove came up with a street-legal rally replica, and now, Keeway has been bitten by the bug. Keeway has unveiled the TX450R motorcycle for the global markets and here’s all you need to know.

Royal Enfield Himalayan 450 vs BMW G 310 GS. Which ADV should you buy?
Royal Enfield Himalayan 450 vs BMW G 310 GS: Looks

Royal Enfield Continental GT to BMW G 310 R: Top 5 stunning motorcycles in India
1Royal Enfield Continental GT 

For the first time in last three years, entry bike sales sparkle in this festival period
This festival season proves to be a bumper for most of the vehicle categories. But the major highlight is the surge in enquiries and demand in the entry bike segment, on the back of improved rural demand. The momentum is likely to be sustained, supported by replacement demand, point out industry analysts. The recently-concluded festival season brought cheer to the automotive industry, with retails across various segments staying strong and representing moderate-to-healthy growth on a year-on-year basis. Two-wheeler and commercial vehicle segments reported double-digit growth, while the passenger vehicle segment witnessed a high single-digit increase in volumes.

Ather teases new flagship electric scooter– 450 Apex, launch next year
It is no secret that Ather is looking to expand its 450 range of electric scooters. Recently, Tarun Mehta, Co-founder and CEO, Ather Energy, revealed that the company is working on a new flagship model in the 450 series. Mehta has now shared a glimpse of the upcoming e-scooter slated to make its debut sometime next year.

River EV to showcase its Indie electric scooter at COP28 in Dubai
 The River Indie comes with a sturdy build quality and the manufacturer claims that it has been built to tackle rough and tough roads. The electric scooter comes with a design that grabs attention at the very first glance. It features dual-beam LED headlamps located at the centre of the front cowl. There is a fully digital instrument cluster. The scooter also comes with 55-litre storage capacity racks at the sides for panniers, USB charging, and under-seat lighting among other features.

This Komaki electric scooter is available with nearly ₹19,000 discount
 The Komaki LY electric scooter comes equipped with a TFT screen for the instrument cluster, which shows navigation details. There is a sound system onboard, which can be played through Bluetooth connectivity. It gets LED lights including the headlamp, turn indicators and taillights. Komaki LY comes available in colour options including Cherry Red, Metal Grey, and Jet Black.

First Honda electric motorcycle India launch confirmed in 2024. To invest $3.4 billion in new e-motorcycle strategy
 Speaking during the presentation, Daiki Mihara, Executive Officer - Honda Motorcycle and Power Products Electrification Business Development Unit - Honda Motor Co., said, “Next year 2024, we will launch an electric motorcycle with swappable batteries starting in India and followed by ASEAN, Japan and Europe."

Delhi to allow only electric bike taxis in push for EVs as public transport, issues notification
 According to the proposed cab aggregator policy, all entities operating in the city have to obtain licence within three months from the date of the notification. These licences will be valid based on annual fees, unless it is electric, and will last for five years. The new scheme will offer 50 per cent rebate for vehicles that are less than two years old.

Pre-Service process at OEM workshops to help increase customer satisfaction, revenue, J.D. Power finds
New Delhi: High implementation of service advisor actions during pre-service assists original equipment manufacturer (OEM) workshops in a multi-faceted manner, according to the J.D. Power 2023 India Customer Service Index (CSI) Study, released On Thursdsy. After a hiatus since 2021, J.D.Power has re-launched the India Customer Service Index Study in collaboration with NielsenIQ.

A design dream that took 25-years to fructify
When Ratan Tata, now-chairman emeritus of the Tata Group, mooted the idea of creating a company that would only focus on engineering design services in 1997, there was strong resistance. But Tata prevailed. And after slightly-over 25 years, it has bore rich dividends.

Waaree Tech partners Israel’s 3DBattery for advanced battery tech
Waaree Technologies, the energy storage division of the Mumbai-based renewable energy and technology player Waaree Group has signed a non-binding Memorandum of Understanding (MoU) with Israel-based 3DBattery, to develop and produce advanced energy storage solutions based on 3DBattery’s lithium-ion and upcoming sodium-ion technology.

Tata Technologies debut propels Tata Group’s market cap to Rs 26.20 lakh crore
The bumper debut of Tata Technologies on Dalal Street led to a surge in the conglomerate’s overall market capitalization, reaching a new high of Rs 26.20 lakh crore on Thursday. The engineering unit of Tata Motors witnessed an astounding 180% rally on its debut, marking one of the most substantial gains for a public offering of its size.

Omega Seiki Mobility opens service centre in Delhi-NCR
OSM said it has 190 dealerships across India, which besides sales also offer service support to its EVs and the COCO facility will help these dealerships as well.

Tata Technologies soars 180% in debut trade, valued at nearly USD 7 bn
India's Tata Technologies jumped as much as 180% in its trading debut on Thursday, valuing the first Tata Group company to go public in nearly two decades at 567.94 billion rupees (USD 6.8 billion).

Bonfiglioli Transmissions’ new Rs 100 crore assembly facility opens in Pune
Bonfiglioli Transmissions, the Indian subsidiary of Italy-based Bonfiglioli Riduttori, a global leader in power transmission and drive solutions has inaugurated its 42,500 sqmt smart assembly facility in Pune.

Qualcomm to invest INR 175 crore at R&D unit in Bengaluru, projecting over 1500 jobs
An investment proposal by the US semiconductor giant Qualcomm in Bengaluru is among the 62 investments Karnataka's State level single window clearance committee (SLSWCC) has cleared.

Tyre manufacture Ceat gets Rs 1.98 crore GST notice, company to file appeal

The demand pertains to the disallowance of transitional credit and Trans2 credit under the applicable provisions of the CGST Act, 2017, the company said in a regulatory filing.

Mahindra Logistics extends acquisition timeline for Whizzard
Mahindra Logistics Limited announced an extension of the timeline for the acquisition of up to 60 per cent of the share capital of ZipZap Logistics Private Limited, operating as Whizzard. Initially slated for completion by November 30, 2023, the parties have mutually agreed to extend the deadline to December 31, 2023. The completion is subject to certain conditions precedent, and Mahindra Logistics remains committed to enhancing its last-mile delivery and fulfilment services through this investment.

North East Petroleum Mazdoor Union calls off ban on fuel transport to Meghalaya
The North East Petroleum Mazdoor Union on Wednesday called off its ban on transport of fuel to Meghalaya after the state government assured that police action will only affect those involved in illegal pilferage of petrol and diesel, an official said. The union had threatened to ban transport of fuel to Meghalaya after some of its members were arrested on charge of pilferage of petrol and diesel along the Guwahati-Shillong Highway.

Civic body makes 15 e-vehicle charging stations operational, more on the anvil
The data of the Regional Transport Office (RTO) in Pune states that currently 10,000 electric vehicles (EVs) are registered in the city, for which the civic body has made 15 charging stations operational in its jurisdiction.

Tata Power to install 12 EV charging stations in Kanpur
Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and one of the leading EV Charging solutions providers in India, signed a Memorandum of Association with the Kanpur Municipal Corporation to install 12 EV charging stations across six strategic locations in Kanpur.

Petrol, diesel price revision only when oil price stabilises below USD 80
State-owned fuel marketing companies are likely to revert to daily revision in prices of petrol and diesel only when international oil prices stabilise below USD 80 per barrel on a sustained basis, industry officials said. Three state-owned fuel retailers -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 20th month in a row.

Exicom plans to expand product offering; aims to launch new chargers for LEVs
EV charger manufacturer Exicom plans to expand its product offering and intends to launch new chargers for light electric vehicles including the 2W and 3W segment in the coming year, says Anant Nahata, Managing Director, Exicom.

RevFin to finance Bziness and Bziness Pro e-scooters of Quantum Energy
New Delhi: Quantum Energy, a leading electric vehicle (EV) startup specializing in the design, development, manufacturing and sales of electric scooters, has partnered with Fintech startup RevFin, an advanced digital consumer lending platform, that is revolutionizing the way the financing is being done.

A Complete Guide to Buying Car Insurance Policy in India
Do your research

Transferring Car Insurance to Your New Vehicle: All You Need to Know
Benefits of Transferring Car Insurance with Chola MS

Mercedes Benz Classic Car Rally 2023: Route map and spectator guide
Source Credit: Autocar India

The 10th edition of the Mercedes-Benz Classic Car Rally (MBCCR) will take place on the first weekend of December 2023, in Mumbai. This is one of India’s premiere classic car exhibitions and it features iconic cars that have been owned by royal families, prominent car collectors and businessmen. This year's edition will have 75 Mercedes cars with at least 72 different classic models on display. 

Yamaha MT 03 review: The sibling of choice?
Source Credit: Autocar India

The MT-03 is Yamaha’s first twin-cylinder naked bike in India since the OG MT-01. In fact, that’s where its name comes from, but the abbreviation MT translates to something a little different on the smaller current-gen 03, which we will come back to. Instead, let's start with the way this bike looks.

EVs to be 50 percent of total Tata Motors' sales by 2030: Shailesh Chandra
Source Credit: Autocar India

The long-term story of Battery Electric Vehicle is not a choice, it is an imperative, says Shailesh Chandra, MD of Tata Passenger Electric Mobility. Considering all the nations that have signed up to be net carbon zero, he said, “there is no choice, it is only a matter of how fast the transition is going to happen.”

FAME subsidy needs to continue: Ather, other OEMs
Source Credit: Autocar India

The FAME-II subsidy has played a crucial role in supporting the transition from ICE vehicles to EVs and the incentives are needed for two-three years more, until the penetration reaches an inflection point. This was pointed out by executives from new-age EV startups at the India EV Conclave organised by our sister publication, Autocar Professional with the government of Tamil Nadu. 

Lamborghini Revuelto review: Effortless 1015hp hybrid supercar
Source Credit: Autocar India

Superlative after superlative is all I could mouth after driving the revolutionary Revuelto for ten hard laps at the Valellunga circuit outside Rome. Nothing, nothing, absolutely nothing prepared me for how amazingly good it is. So can Lamborghini’s latest be its greatest? It may seem a bit premature to make that claim, but what is without a shadow of a doubt is the fact that this super sportscar is a defining moment for the legendary Italian brand and its ticket into a future that’s increasingly electrified.

Exports to build scale, reduce EV costs: Stellantis Deputy MD
Source Credit: Autocar India

Stellantis is Europe’s second biggest automaker and has leveraged India as a key export hub for internal combustion engine parts. The brand sees the base playing a critical role for exports of EVs. Speaking at our sister publication Autocar Professional’s India EV Conclave in Chennai in partnership with the Tamil Nadu government, Aditya Jairaj, deputy MD of Stellantis India said, “Export is going to be a very significant strategy when looking at building volumes,” and added that deep localisation will help power this plan.

SAIC Motor and JSW Group join hands to expand MG India line-up
Source Credit: Autocar India

SAIC Motor and the JSW Group have entered into a strategic joint venture. The Shareholder Agreement and Share Purchase & Share Subscription agreement were signed by the President of SAIC Wang Xiaoqiu and JSW Group’s Parth Jindal at the MG Office in London, with the objective of accelerating the transformation and growth of MG Motor in India.

Tata, Maruti want tax sops until EV sales hit 15-20 percent of total
Source Credit: Autocar India

Leading carmakers like Tata Motors, Maruti Suzuki and Audi India say the tax benefit and subsidy for electric vehicles should be extended until the industry hits a penetration level of at least 15-20 percent, rather than working against a stipulated time frame or a quantum of benefit.

New Bajaj Chetak Urbane to get smaller battery, 113km range
Source Credit: Autocar India

A new government document has revealed to us that a simpler and most likely, more affordable Bajaj Chetak variant is in the works. This variant will be called the Chetak Urbane and will sit below the Chetak Premium that’s on sale currently.  

Toyota Motor Corp’s shareholdings total $110 billion as it embarks on stake sales of affiliates
Toyota Motor Corp. holds 16.3 trillion Japanese Yen ($110 billion) worth of publicly listed shares, underscoring the strength of its finances as it embarks on stake sales of affiliates, beginning with Denso Corp. and KDDI Corp.

UAW launches bid to organize Tesla and 'entire non-union auto sector'
The United Auto Workers union said on Wednesday it is launching a first-of-its-kind push to publicly organize the entire nonunion auto sector after winning new contracts with the Detroit Three automakers.

Car dealerships in US urge Joe Biden to go easy on push for electric vehicles. Here's why
The appeal in the letter highlights that such a move could be a bit too drastic and that a more gradual approach to popularise EVs may be a better strategy instead. Pointing to potential challenges faced by the current crop of EV owners - ranging from lack of adequate charging points and stations to the rather expensive purchase price of EVs, the dealerships say they are witnessing a growing stockpile of such vehicles. “These vehicles are ideal for many people, and we believe their appeal will grow over time. The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots," the appeal states.

Daewoo launches Korean technology automotive batteries in India
New Delhi: Daewoo, the globally recognized iconic legendary Korean brand with a presence in 110 countries across various categories, has introduced a complete range of automotive batteries in India.

UAW will try to organize workers at all US nonunion factories after winning new contracts in Detroit
Less than two weeks after ratifying new contracts with Detroit automakers, the United Auto Workers union announced plans Wednesday to try to simultaneously organize workers at more than a dozen nonunion auto factories.

Japan robot maker Yaskawa eyes USD 200 mn US investment
Japanese robot maker Yaskawa Electric is considering investing around USD 200 mn in the United States, its president said, with an eye to making its industrial robots there for the first time.

Honda to invest USD 3.4 bn on electric two-wheelers this decade
Japanese auto giant Honda said it plans to invest 500 billion yen (USD 3.4 billion) in production of electric motorcycles and mopeds this decade.

Japan Oct factory output rises on circuits, autos rebound
Japan's factory output rose for a second straight month in October, government data showed on Thursday, lifted by the production of integrated circuits and autos, although external demand risks loomed.

Musk's latest gamble: Tesla Cybertruck set for debut
Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival of Tesla's iconoclastic take on the American pickup.

EU new car sales growth to slow, EV share to rise in 2024 -ACEA
European Union new car sales will rise by only 2.5% in 2024, a slowdown compared to a 12% increase in 2023, European automobile manufacturers association ACEA forecast on Wednesday, although the share of electric vehicles will sharply increase.

EU agreement on reducing industrial emissions
EU member countries and the European Parliament said Wednesday they have reached a preliminary agreement on curbing industrial emissions, including those from intensive poultry and pig farms and from ore mines.

New technology installed beneath Detroit street can charge electric vehicles as they drive
Crews have installed what's billed as the nation's first wireless-charging public roadway for electric vehicles beneath a street just west of downtown Detroit.

UK car production expected to hit 1 million in 2023: Industry body
British vehicle makers are expected to produce about a million cars this year, well above an earlier forecast, following a recent round of investments in the sector, an industry body said on Thursday.

AustralianSuper builds stake in lithium miner Pilbara Minerals
Australia's largest pension fund on Thursday emerged as a 5.1% stakeholder in Pilbara Minerals after snapping up shares now worth A USD 558 million (USD 371 million) at a time of heightened interest in the country's lithium miners.

Strike cuts Ford sales by 100,000 vehicles, cost $1.7 billion in profits

Additional labour costs from the four-year and eight-month agreement will total $8.8 billion by the end of the contract, translating to about $900 per vehicle by 2028, Chief Financial Officer John Lawler said in a company release. Ford will work to offset that cost through higher productivity and reducing expenses, Lawler said.

Five reasons why Tesla Cybertruck is just not meant for India despite what EV enthusiasts may say
 The Tesla Cybertruck is touted as a pick-up truck like no other. CEO Elon Musk first showcased the Cybertruck at an event in 2019 and claimed it has the performance of a sports car but the capabilities and utility of a truck. To be made available in a single as well dual motor set up in the times to come, depending on the market, the product's main highlight is its polarising design. Sure it is unconventional but that's hardly why it may not suit the Indian palette.

BYD does what even Tesla hasn't; is first automaker to make 6 million PHEVs, EVs
 BYD informed that the six-millionth unit was a Fang Cheng Bao Leopard 5 plug-in hybrid SUV that rolled out from its factory in Zhengzhou. The vehicle had made its debut in August of last year and is slightly smaller in dimensions when compared to the Toyota Land Cruiser Prado.