Top Indian Automobile Industry News & Updates - 07 Jan 2025,Tuesday
🏢 Industry
Wardwizard signs MoU with New-York-based entity for developing advanced battery cells
Wardwizard Innovations & Mobility Limited, a manufacturer of electric vehicles under the brands ‘Joy e-bike’ and ‘Joy e-rik’, signed a Memorandum of Understanding (MoU) with C4V, a New York-based lithium-ion battery technology company, to develop advanced battery cells.
States must prioritise state-specific logistics policies to meet development aspirations: Ministry of Commerce Report
The Logistics Division of the Ministry of Commerce has emphasised the need for States and Union Territories (UTs) to prioritise the development of State-specific logistics policies to achieve their developmental aspirations.
FAME-II scheme incentivises 16.15 lakh EVs, boosts charging infrastructure
New Delhi: A total of 16.15 lakh electric vehicles (EVs) have been incentivised under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India)-II scheme, the government said on Thursday.
CNG vehicle registrations up 14% in CY24
Mumbai: Aided by government spending on natural gas infrastructure , Compressed Natural Gas(CNG) vehicles saw an uptick in sales in CY24. A 14.46 per cent year-on-year increase was witnessed in the registration of CNG vehicles.
Indian auto parts makers poised for US expansion
Indian automotive parts manufacturers are aiming to boost their export share to the US, driven by expectations that President-elect Donald Trump will fulfil his campaign promises upon taking office later this month.
Suzuki to acquire 26% stake in NDDB’s bio-gas venture
Ahmedabad: Suzuki Motor Corporation has decided to acquire 26 per cent stake in NDDB Mirda Ltd, a bio-gas venture of National Dairy Development Board (NDDB), as part of its plans to use Compressed Bio-Gas (CBG) for longevity and performance of vehicles. There is also a provision in the deal whereby Suzuki can gradually increase their equity in the company to 49 per cent.
📝 JSW in talks to buy out PE Everstone's 8% in MG India
📝 Cautious outlook for auto companies in Q3
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🚗 ICE Car/SUV
Citroen Basalt Coupe SUV gets up to ₹2x,xxx price hike for New Year: Check details
The Citroen Basalt coupe SUV has witnessed a price increase across its range as the initial offers concluded by the end of 2024, reported HT Auto.
New-gen Renault Duster launch pushed to 2026, next-gen Triber, Kiger facelift launch this year
2025 was meant to be an instrumental year for Renault in India with the much anticipated Duster expected to make a comeback sometime later this year. However, much to the disappointment of all the people awaiting for the same, the launch of the brand new Duster has been delayed and pushed to the next year.
Tata Punch tops 2024 sales charts; ends Maruti Suzuki's 40-year reign
📝 Toyota Camry on-road prices in top cities of India: Costs close to Rs 63 lakh in this city
📝 Maruti Suzuki temporary workers demand permanent jobs, pay hike and creation of permanent posts
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Electric Car/SUV
Top 5 EVs to watch out for at Bharat Mobility Expo 2025
The year 2025 will be a pivotal one for electric vehicles, with a major focus on how the market will evolve in India. The Bharat Mobility Expo 2025 will showcase the launch and unveiling of several exciting new electric vehicles. From Maruti Suzuki to Vayve Mobility, here are the top five electric vehicles that could drive the growth of this segment in India.
Bharat Mobility Expo 2025: Hyundai Creta EV vs Maruti Suzuki e Vitara
The second edition of the Bharat Mobility Global Expo 2025 is set to begin on January 17, 2025, and will feature a head-to-head clash of electric SUVs — the Hyundai Creta Electric and the Maruti Suzuki e-Vitara. The e-Vitara will mark Maruti Suzuki’s debut in the Indian electric vehicle market, while the Creta Electric will be Hyundai’s first mass-market EV in India. Both automakers have confirmed that these two electric SUVs will make their debut on January 17 at the Bharat Mobility Global Expo in New Delhi.
What’s new in Hyundai Creta Electric: Cabin, power figures, features details revealed
Hyundai’s best-seller, the Creta, is gearing up to go electric on January 17 at the Bharat Mobility Global Expo 2025. The South Korean automaker has just revealed key details about the Creta Electric, including its interiors, power output for both battery variants, and a host of advanced tech and safety features. Here’s everything you need to know about the exciting new electric SUV.
Hyundai Creta electric features and variants out: All details
Hyundai Motor India Limited (HMIL) will launch the Hyundai Creta Electric at the Bharat Mobility Global Expo 2025. The new electric SUV aims to combine innovative technology, safety, and performance for Indian consumers. The vehicle boasts features like in-car payment, a digital key, advanced driver-assistance systems (ADAS), and single-pedal driving. Two battery options will be available, offering ranges of 390 km and 473 km.
BYD teases new electric SUV ahead of debut at Bharat Mobility Expo 2025
BYD is planning to ramp up its presence for the Indian market with an onslaught of new electric vehicles (EV) to be launched in the coming years. A relatively new player in the passenger vehicle market of India, BYD currently offers three EVs in India namely eMax 7, Atto 3, and Seal.
📝 Auto recap, Jan 6: BYD Sealion 7 India debut plan, Hyundai Creta EV to get level 2 ADAS, Ducati product strategy
📝 Bharat Mobility Global Expo 2025: From Creta Electric to Harrier EV: Here are all the expected cars to be showcased
📝 Maruti Suzuki e Vitara to Tata Harrier EV: 2025 may be the year of electric SUVs in India
📝 Will 2025 usher in a new dawn for electric cars in India? Maruti, Hyundai in hot battle
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🚗 Luxury
From Rolls-Royce to Audi Q7: The swanky side of salvation at Maha Kumbh
Maha Kumbh, synonymous with austerity and salvation, has a contrasting side too — the swag. Amidst traditional fanfare and religious zeal, various akharas are making a grand entry into the Maha Kumbh Mela in Prayagraj.
Land Rover launches Defender 2025 at INR 1.39 cr
Land Rover has launched the 25 Model Year Defender in India with a new V8 engine, priced starting at INR 1.39 crore (ex-showroom). The updated SUV is available in 90, 110, and 130 body styles, in X-Dynamic HSE and X derivatives. The new model boasts enhanced performance, comfort, and design features. Land Rover aims to strengthen the Defender's position in the luxury off-road SUV market.
Mercedes-Benz appoints Emrah Ozer as CFO for India
Emrah Özer has been appointed Chief Financial Officer of Mercedes-Benz India, effective January 1, 2025. He replaces Evren Cakabey, who is now the Executive Director & CFO of Mercedes-Benz G GmbH in Austria. Özer will also join the Board of Mercedes-Benz India as Executive Director. This organizational shift brings Özer from his current role as Member of the Board of Management and Head of Finance & Controlling at Mercedes-Benz Otomotiv Turkey.
📝 Defender SUV, updated with new V8 engine, launched in India. Check price, features and other details
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🎤 Interviews & Features
Lord Alto proves its mettle! This time beats Thar, Gypsy and Jimny in climbing snowy hill
Maruti Suzuki’s Alto has once again proven why it holds a special place in the hearts of its admirers. A recent video going viral on social media showcases the small hatchback outperforming renowned off-roaders like the Mahindra Thar, Maruti Suzuki Jimny, and Suzuki Gypsy on a snow-laden hill.
📝 Tata Punch snatches the best selling model crown for 2024. Here's what makes it a popular buy
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🏗 Construction & Agriculture
Indo Farm Equipment IPO listing tomorrow: Here’s what GMP, subscription status, expert signal ahead of listing
Indo Farm Equipment IPO listing date has been scheduled for tomorrow (Tuesday, January 7). Indo Farm Equipment IPO allotment was finalised on Friday, January 3. For those who have been allocated shares, the crediting of shares to demat accounts will occur today, Monday, January 6. The process of refunding those who have not yet received their shares will likewise be finished today.
Captain Tractors' visionary leaders featured in prestigious Forbes Select 200 list
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🏍 EV/ICE Two Wheelers
MP Anurag Thakur flaunts his Harley Davidson on Delhi Roads
Member of Parliament (MP) Anurag Thakur was recently seen on board a Harley-Davidson bike on the streets of New Delhi. In a recent video shared on his Instagram profile, the BJP Parliamentarian is seen cruising in the national capital for a noble cause. In the video, we see Thakur riding a green-coloured Harley-Davidson Glide along with a group of riders.
Updated Bajaj Pulsar RS 200 launch this week: What to expect?
It has already come to light that Bajaj Auto is gearing up to launch the updated Pulsar RS 200 in the country soon. The Chakan-based bikemaker recently shared a teaser of a prospective launch of the faired sports bike that has been left untouched for almost a decade.
Ducati 2025 lineup: 14 new motorcycles headed to India
Ducati is set to expand its India lineup in 2025 with the launch of 14 motorcycles, including nine all-new models and five limited edition versions. These bikes were previously showcased at the Ducati 2025 World Premiere. In addition to the exciting new models, the iconic Italian brand will also be expanding its presence by opening several new dealerships in key cities across India throughout the year.
BMW Motorrad India increases price across range ahead of R 1300 GSA launch
BMW Motorrad has announced a price hike across its range of motorcycles in India. The company has announced a price hike of up to 2.5 percent, and these new prices for BMW motorcycles in India are effective January 1, 2025. Here are more details on the new prices of the BMW motorcycles.
📝 Royal Enfield Interceptor 750 spotted testing in India: All you need to know
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⚙ Components
Rane ZF to collaborate for electric power steering products
Auto component makers Rane and ZF on Monday said they plan to introduce rack drive electric power steering system technologies in the domestic market. The two companies plan to introduce the new product range through their existing joint venture -- ZF Rane Automotive India Pvt Ltd.
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🌇 Allied Industries
Singareni to expand into lithium & graphite mining: Bhatti
Deputy chief minister Bhatti Vikramarka on Sunday said the govt has proposed to expand Singareni Collieries Company Limited (SCCL) operations into mining lithium, graphite, and other minerals in the near future.
Kansai Nerolac Paints plans ₹98-crore expansion at Hosur facility
Chennai: Kansai Nerolac Paints Ltd (KNPL), a leading player in the Indian paint industry, is set to invest ₹98 crore to expand production capacity at its Hosur factory in Tamil Nadu. Currently, the Hosur unit operates with an installed capacity of 15,500 tonnes per month (TPM) for paints, varnishes, enamels, powders and resin manufacturing on a two-shift basis. Spanning a 54-acre site, the facility employs around 700 people.
BAJA SAEINDIA 2025 physical round to take place in Pithampur; to showcase sustainability and connectivity
BAJA SAEINDIA 2025's physical round (Phase 3) is set to take place at NATRAX, Pithampur, with around 70 teams competing across four categories: mBAJA, eBAJA, hBAJA, and aBAJA. The event, themed "Fusion 4 Future," focuses on technology, diversity, sustainability, and connectivity. It began in June 2024 with preliminary rounds and continued with virtual rounds in December 2024, culminating in the physical endurance race in January 2025. The event highlights the growth of BAJA SAEINDIA from its 2007 inception and its commitment to developing industry-ready engineers. A key development this year is the introduction of HCNG fuel in hBAJA, aligning with India's National Green Hydrogen Mission.
📝 Specialty steel gets new PLI
📝 India steel ministry proposes KIOCL, NMDC merger: Govt official
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🌢 Fuels, Lubricants
EMO Energy secures $6.2 million in Series A funding to scale EV charging solutions
📝 Brent slips 28 cents to $76.23/bbl as dollar strengthens
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🌍 Emissions/Environment
Five-year plans back at Niti Aayog, this time to cut emissions
New Delhi: Five-year plans that made an unceremonious exit nearly a decade ago are making a quiet comeback, this time to handhold India's decarbonization journey.
📝 Delhi ends GRAP Stage 3 curbs: Relief for these vehicle owners
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📖 Magazines
MG Windsor EV real world range tested, explained
The MG Windsor has managed to grab attention thanks to its unconventional styling, clever packaging and competitive pricing, which ranges between Rs 13.50 lakh and Rs 15.50 lakh (ex-showroom). The Windsor has been consistently selling over 3,000 units monthly, making it the bestselling EV in India. We put this EV to the test to find how it performs in real-world conditions.
All new luxury cars and SUVs launching in 2025
The luxury car market in India has consistently been growing over the past few years, and it recorded a healthy 20.5 percent year-on-year growth in FY2024. That’s, no doubt, on the back of competent product launches, and the same momentum is expected to continue in 2025 as well. Here, we have listed all the new luxury cars and SUVs launching in India in 2025, so let’s take a closer look at each.
Bike, scooter sales December 2024: Hero-Honda battle rages on
The last month of the year typically sees manufacturers posting lower sales than usual, as buyers prefer to defer their two-wheeler purchases until after the New Year. Here’s how the major players in the ICE arena performed.
Production spec Royal Enfield Interceptor 750 spied testing
Royal Enfield has been working on a 750cc engine for quite some time. We had spotted the Himalayan 750 a few days back, and this time around, we've seen the Interceptor 750. This spy shot confirms that it will feature the new Tripper TFT, which also does duty in the Himalayan 450 and the new Bear 650.
Renault Kiger, Triber facelifts, Duster launch timeline revealed
Renault will launch facelifts for the Kiger SUV and the Triber MPV later this year, said Renault India MD and CEO Venkatram Mamillapalle. The market launch for the new Duster will take place next year. Renault has not had any major product launches for some time. Last year, the brand introduced special editions of its existing portfolio, including the Kiger, Triber and Kwid.
2025 Defender V8 launched at Rs 1.39 crore
Jaguar Land Rover has brought back a V8 engine to the Defender line-up in India after it was discontinued briefly in 2024. Prices for the Defender V8 now start from Rs 1.39 crore (ex-showroom), and it is available in all three body styles – 90, 110 and 130. The complete price list is not yet out.
Viaterra Grid 3 gloves review
I’ve been using the ViaTerra Grid 2 for the past two years and rate it as the best full-gauntlet sporty glove from an Indian manufacturer. The new Grid 3 builds on the same formula with a number of small tweaks and revisions.
Hyundai Creta Electric interior, features revealed
Hyundai continues to drip-feed more details about the Creta Electric, which is set for a January 17 launch and will rival the Tata Curvv EV, Mahindra BE 6 and MG ZS EV. The Korean automaker has confirmed several features and revealed what the upcoming car’s interior will look like, the power figures for both battery pack options, and a few more details.
Here are India's 10 most fuel-efficient petrol cars, SUVs
Fuel economy and running costs have always been among the top priorities for Indian car buyers. With petrol prices averaging Rs 100 in most cities, it's no surprise that fuel efficiency takes precedence for many. Maruti Suzuki has always dominated on this front and the same is the case with this list.
BYD Sealion 7 India launch by March 2025
BYD India will launch the Sealion 7 by March this year. Ahead of its price announcement, the coupe-SUV will make its India debut at the Auto Expo 2025, which starts on January 17. Along with the Sealion 7, BYD India will also have its existing electric vehicles, including the Seal sedan, Atto 3 SUV and the BYD eMax 7 MPV on display.
Tata Punch EV, Tiago EV get discounts of up to Rs 85,000 this month
Tata Tiago EV discounts for January 2025
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📰 International
A ‘Made in China’ crisis awaits big auto
When Jaguar’s “copy nothing” brand reboot hit late last year, one self-styled car enthusiast replied on X: “What the actual hell is this.” Jaguar’s response: “The future.” That remains to be seen. But the ad, unfamiliar and unsettling, does at least work as a portent of what’s coming for the global auto industry.
Hyundai Motor Group chief stresses resilience, innovation in facing new biz challenges
The head of Hyundai Motor Group on Monday emphasised the importance of resilience, innovation and proactive preparation in facing future challenges expected from ongoing global risks, as well as anticipated rollbacks in the electric vehicle (EV) policies of the US.
US plans more sanctions on tankers carrying Russian oil
The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, two sources with knowledge of the matter said on Sunday.
Why Tesla’s rival Rivian’s stock is surging: Insights into market position and challenges
Rivian, the electric vehicle (EV) maker often seen as a rival to Tesla, saw its stock soar by an impressive 24.5% on Friday, marking the largest daily percentage gain since its public debut in November 2021.
Hyundai Motor Group posts record sales in US in 2024
New Delhi: South Korea’s Hyundai Motor Group said on Sunday it has posted record sales in the United States in 2024, driven by the popularity of SUVs, minivans and eco-friendly models.
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
Lucid Group reported record fourth-quarter deliveries on Monday, surpassing Wall Street expectations, as the Saudi Arabia-backed automaker benefited from strong demand for its luxury electric sedans.
China's Pony.ai eyes robotaxi services in Hong Kong, joining Baidu
Guangzhou-based Pony.ai Inc is seeking to launch its robotaxi services in Hong Kong, joining Baidu in a race to provide services in the city, as the autonomous driving firm looks to expand its operations globally.
Xpeng, Volkswagen to build ultra-fast charging network in China
China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday.
China's Geely Holding targets over 5 million units of annual sales by 2027
China's Geely Holding Group on Sunday said it aims to sell more than 5 million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating consolidation of its sprawling brands and improving efficiency.
Morgan Stanley Says Bankrupt EV Firm Owes $10 Million Deal Fee
Morgan Stanley claims it wasn’t paid most of a $12 million fee for advising now-bankrupt electric-vehicle technology firm Ideanomics Inc. on its acquisition of VIA Motors years earlier.
'Lost year': Electric car sales go into reverse in Germany
📝 After Tesla snub, this country unveils plans for own electric vehicle
📝 Top 20 vehicles sold in the United States in Q4 2024
📝 Toyota backs Japanese space startup Interstellar to mass-produce rockets
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