Top Indian Automobile Industry News & Updates - 24 May 2025,Saturday
🏢 Industry
Uttar Pradesh emerges as a key player in India’s semiconductor mission
With two landmark projects—one by the Tarc Investment Group and the other a joint venture between HCL and Foxconn—Uttar Pradesh is on its path to emerging as a key player in India’s semiconductor mission.
Rapido’s gross order value soars 2.5x in FY25 to $1.25 billion
Urban mobility startup Rapido more than doubled its gross order value (GOV) in FY25 to $1.25 billion, riding new services, people aware of the operational details told ET.
How Tata Motors plans to win back the market with its hatchbacks
New Delhi: Tata Motors plans to increase the share of small hatchback cars in its overall portfolio to nearly a quarter, up from 19% currently, as it looks to reclaim ground in India’s competitive auto market.
Rare-earth imports may resume as govt issues end-use permits
Imports of permanent magnets from China, crucial for electric vehicles and consumer electronics, are expected to resume steadily as the government has begun issuing certificates required under new Chinese export rules. These certificates affirm that the magnets will not be used for defence purposes or re-exported to the United States, in line with Beijing’s latest restrictions on rare-earth mineral supplies.
Hybrid vehicles complementing growth of EVs in India: HSBC report
Hybrid vehicles complementing growth of EVs in India: HSBC report
📝 Maharashtra tops list of states for PV sales in FY25
📝 Auto recap, May 23: Kia Carens Clavis launched, Honda CB750 and CB1000 Hornet SP launched and more
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🚗 ICE Car/SUV
2025 Tata Altroz variants and features explained — Which suits you the best?
The new Tata Altroz is finally here, priced at Rs 6.89 lakh onwards, ex-showroom. The 2025 Tata Altroz facelift is available in a total of five variants – Smart, Pure, Creative, Accomplished S and Accomplished+S – and here’s what each variant offers in terms of features, convenience, and safety.
Looking for an SUV under Rs 10 Lakh? Check out top 10 picks for 2025
SUV demand in India has reached unprecedented levels, growing steadily each year. Within this segment, the sub-4 metre category is the most fiercely contested, often drawing customers away from both hatchbacks and compact sedans. If you’re considering purchasing a compact SUV, here are the top options available under Rs 10 lakh that you should explore.
Kia India launches Carens Clavis at ₹11.49 lakh
Kia India introduced the new Carens Clavis at a starting price of ₹11.49 lakh. The launch aims to provide a vehicle that bridges the gap between MPVs and SUVs, said the company in a media release. The vehicle comes with a bold exterior reflecting Kia’s ‘Opposites United’ philosophy and an advanced safety suite including Level 2 ADAS.
📝 India-bound Dacia Bigster scores three stars in Euro NCAP crash tests
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Electric Car/SUV
📝 Vinfast to roll out its first EV from India plant by June-end
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🚗 Luxury
Car Review: Defender Octa: The apex predator of SUVs
It’s the most potent and the most luxurious upgrade of a legend.
BMW India offers price protection on MINI Cooper S imported from UK
BMW Group India has announced a price protection programme for Indian customers purchasing the MINI 3-Door Cooper S, produced in Oxford, UK, due to anticipated duty cuts following the India-UK FTA. Under the programme, the company aims to reassure customers amidst uncertainty surrounding the India-UK FTA's impact on vehicle prices. BMW Group India President and CEO Vikram Pawah stated the company will pass on any price reduction benefits on the MINI 3-Door Cooper S model in the near future.
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⛟ Commercial Vehicles
Karnataka to receive 4,500 electric buses under PM e-Drive scheme
Union Minister H.D. Kumaraswamy has announced that Karnataka will receive 4,500 electric buses under the central government’s green mobility initiative, the PM e-Drive Scheme. The move is part of India’s broader objective to reduce transport-related pollution and achieve net-zero emissions by 2070.
Centre okays 10,900 electric buses for five cities
The Ministry of Heavy Industries on Thursday assured that approximately 4,500 electric buses will be provided to Bengaluru, 2,000 to Hyderabad, 2,800 to Delhi, 1,000 to Ahmedabad and 600 to Surat under the current phase of the PM e-Drive Scheme.
Ashok Leyland’s Switch Mobility eyes breakeven this fiscal
Ashok Leyland’s EV subsidiary, Switch Mobility, plans to achieve break-even in the current fiscal year after turning EBITDA-positive in FY25, said a top company official. Switch Mobility closed Q4 FY25 with a strong double-digit EBITDA margin. Ashok Leyland acquired Switch Mobility in 2020 from the UK-based Optare Plc.
Ashok Leyland's Q4 net profit surges 38.4% to ₹1,246 crore
Ashok Leyland Limited, the Hinduja Group's Indian flagship, on Friday reported a 38.4 per cent year-on-year increase in its net profit for the fourth quarter of financial year ending March 31, 2025 to ₹1,246 crore, against ₹900 crore in Q4 of the previous year.
Ashok Leyland earmarks Rs 1,000 cr capex for FY26: Official
With over ₹4,000 crore in cash, Ashok Leyland has eyes on acquisitions, new markets
mint
📝 India mulls major sop spree to take trucking electric
📝 'Trucks, CVs to get new safety norms': Nitin Gadkari
📝 Safety assessment rating for trucks, heavy vehicles on lines of Bharat NCAP soon: Nitin Gadkari
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🎤 Interviews & Features
2025 Tata Altroz facelift vs Maruti Baleno: Which premium hatchback should you buy?
The Tata Altroz has brought more interest in the premium hatchback segment and rekindles the competition between itself and the segment’s best-seller, the Maruti Suzuki Baleno.
Grand Taigun
The Taigun is no longer new to the Indian market; it has been around for a few years, and car buyers have acknowledged its presence. It has also proven itself to be a well-engineered product. In my experience, not many cars come close to how effortlessly it switched roles from being our steed around the icy Himalayan passes to a daily commuter in Mumbai traffic.
Left-Field Champion: Citroën Basalt
The Basalt wasn’t just any other launch by Citroën; it heralded the brand’s presence in a new segment which has now gained popularity among new car buyers. With its launch, it was clear that you didn’t have to spend premium car money to enjoy a good coupe-SUV. Of course, carmakers like Tata and Mahindra have now upped the game in the space, but where does all that leave Citroën? We take the Basalt for a spin to see how it stacks up against other cars.
India’s new super app for EV users: All you need to know
In a move to strengthen India’s electric mobility infrastructure, the Union government has initiated plans to develop an all-in-one “Super App”, aimed at enhancing the experience for electric vehicle (EV) users nationwide.
‘Awaiting the final go-ahead for Hinduja Leyland Finance listing, ’ says Dheeraj Hinduja
Having posted a record March-quarter profit, Ashok Leyland is upbeat about its growth prospects in the current financial year. In an interview with Swaraj Baggonkar, its executive chairman Dheeraj Hinduja shared the plans regarding its new plant in Lucknow to be opened in the second quarter of FY26 and the stock market listing of its finance subsidiary HLF. Excerpts:
Car Review: Kia Carens Clavis : Your family’s new comfort zone
People love SUVs, but most have five seats. If there’s a sixth member in a family, either you need another car, or a big seven-seat SUV costing more than ₹20 lakh. You can also buy an MUV like Maruti Suzuki Ertiga, but doesn’t it look too basic, or too taxi?
📝 VW Tiguan R-Line review: Impressive, but is it worth the price?
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🏍 EV/ICE Two Wheelers
Honda CB1000 Hornet SP launched in India
Honda has launched the new CB1000 Hornet SP in India at Rs 12.35 lakh, ex-showroom. The new Honda CB1000 Hornet SP is a street naked that sits above the Hornet 750 in Honda’s lineup, which has also been launched alongside the litre-class street naked. Here are more details on the new Honda CB1000 Hornet SP.
KTM India updates RC 200: Is it worth the price hike?
Among all the chaos surrounding KTM and how its Indian partner Bajaj Auto has offered a total bailout package of 800 million Euros. With the Bajaj all set to acquire majority control of the Austrian motorcycle, the KTM AG, KTM India has updated its entry-level supersport motorcycle, the RC 200. The motorcycle now comes with a new colour option, the dual-tone Metallic Grey.
Hero MotoCorp and Krafton India announce First-Of-Its-Kind 'Phygital' collaboration for BGMI
📝 Unleash the ultimate streetfighter: Honda launches CB750 Hornet in India
📝 Honda clocks 500m global two-wheelers, bets big on India with Rs 920 cr expansion
📝 2025 Kawasaki Versys-X 300: Five key highlights you should know
📝 Triumph Scrambler 400 XC starts arriving at dealerships
📝 Honda Rebel 500 vs Kawasaki Eliminator 500: Which one will you pick
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⚙ Components
Belrise Industries IPO subscribed 41.30 times as QIBs bid aggressively
The initial public offering of Belrise Industries saw an overwhelming response from institutional investors. The ₹2,150-crore IPO, entirely fresh issue, was subscribed 41.30 times. Against an offer size of about 17.71 crore shares, the IPO received bids for 731.30 crore shares.
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🌇 Allied Industries
Exicom unveils next-generation DC fast charger
Exicom, a domestic EV charger manufacturer and provider for the critical power solutions sector, has introduced the launch of Harmony Direct 2.0, a next-generation DC fast charger. The homegrown company is confident that the new fast charger will transform the landscape of electric vehicle (EV) infrastructure in India as it is purpose-engineered for rock-solid reliability, smarter station economics, and superior user experience.
India's superfast sodium-ion battery charges 80% in six minutes, could cut lithium imports
Developed by a team led by Professor Premkumar Senguttuvan and Ph.D. scholar Biplab Patra, the battery is based on a NASICON-type chemistry, a known structure in electrochemical materials, but significantly enhanced using novel material engineering. The anode—Na₁.₀V₀.₂₅Al₀.₂₅Nb₁.₅(PO₄)₃—was optimised using three key strategies: nanosizing, carbon coating, and aluminium substitution.
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🌢 Fuels, Lubricants
Union minister Hardeep Puri chairs consultative committee meeting on petroleum & natural gas
New Delhi: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri chaired the meeting of the Consultative Committee of the Ministry of Petroleum and Natural Gas in Haryana's Manesar on Friday, the Ministry of Petroleum & Natural Gas said in a release.
Watt next? EV charging stn at every 5km stretch
New Delhi: Delhi govt’s next electric vehicle policy will focus on strengthening the city’s charging infrastructure, job creation and faster adoption of green mobility. Sources in the transport department said that the next policy was likely to target setting up low-cost, fast EV charging stations at every five-kilometre stretch across the capital.
📝 Fossil fuels key in global energy mix: Power minister Manohar Lal
📝 Saudi Aramco considers asset sales to free up funds: Sources
📝 Crude drop, rise in margins bode well for OMCs: Goldman Sachs
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💸 Finance & Insurance
One Policy, Many Benefits - explore Tata AIG's bike insurance features
Motor TP premium hike crucial for survival: New India Assurance CMD
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📖 Magazines
Yamaha FZS Fi Hybrid fuel economy tested, explained
Yamaha’s FZ range has long been a staple in the 150cc commuter space, and the latest FZ-S Hybrid adds a touch of tech to that reputation. This mild-hybrid setup promises greater fuel efficiency and improved city manners, and we’ve now put those claims to the test using our standardised fuel efficiency testing procedure.
Tata Altroz CNG to get an AMT soon
The recently launched Tata Altroz facelift has carried over all three fuel options – petrol, diesel and CNG – from its predecessor, and it has even got a new AMT option with the petrol engine. While it was given a miss at launch, Autocar India can confirm that the AMT gearbox will also be offered with the CNG powertrain in the near future, likely in the next couple of months. The company, however, has yet to comment on the same officially.
Kawasaki ZX 4R gets discounts worth Rs 40,000
The Kawasaki ZX-4R is available with discounts worth Rs 40,000, slashing its ex-showroom price from Rs 8.79 lakh to Rs 8.39 lakh (ex-showroom, India).
Honda Hornet 1000 SP launched at Rs 12.36 lakh
The Honda CB1000 Hornet SP is the fourth product launched under the BigWing umbrella this week. This litre-class bike is priced at Rs 12.36 lakh (ex-showroom, Gurugram).
Mini Cooper S price protection programme launched
Mini India has announced a new scheme meant to pass on the benefits of any reduction in the Cooper S’ price to customers. Called the Price Protection Assurance, the programme is only valid on the Mini Cooper S, which is produced at the brand’s plant in Oxford, United Kingdom, and imported as a CBU to India.
Kia Carens Clavis variants and features explained
Launched at a starting price of Rs 11.50 lakh, the Kia Carens Clavis is a facelifted version of the regular Carens MPV, albeit with a more premium slant. It introduces comprehensive design updates on the outside, such as revised headlights reminiscent of the EV6 facelift, redesigned front and rear bumpers, new 17-inch alloy wheels, an updated rear lightbar, and more. Inside, the Carens Clavis sees subtler changes on the design front and much bigger ones in terms of features. Let's take a look at everything on offer in the Carens Clavis variant line-up.
Kia Carens Clavis price starts at Rs 11.50 lakh
Kia Carens Clavis has been launched at Rs 11.50 lakh, with prices going up to Rs 21.50 lakh (both ex-showroom, India). Bookings for the Kia MPV began a day after its May 8 reveal for a token amount of Rs 25,000. The Carens Clavis will be sold alongside the standard Carens, with the Clavis suffix representing a more premium positioning.
Honda CB750 Hornet launched at Rs 8.60 lakh
Honda has launched the CB750 Hornet at Rs 8.60 lakh (ex-showroom, Gurugram). Lately, the company has been actively expanding its BigWing portfolio with a slew of new product launches.
Volkswagen Golf GTI second batch bookings to open this year
Earlier this month, Volkswagen announced that all 150 units of the first batch of the Golf GTI allocated for India had been pre-booked. However, some cancellations are possible once the official prices are announced on May 26. Based on demand, VW is planning to bring another 100 units in the second batch, revealed a company spokesperson. The deliveries for the second batch can be expected next year.
Oben Electric plans to launch a sub Rs 1 lakh electric bike
Bengaluru-based startup Oben Electric announced that it is working on its second electric motorcycle that will be underpinned by a new ‘O100’ platform and could cost under Rs 1 lakh.
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📰 International
Xiaomi launches its first electric SUV, YU7 in China
Xiaomi EV has officially launched the Xiaomi YU7, the company’s first sport utility vehicle (SUV) and second electric vehicle model following the SU7 sedan. The YU7 is described by the company as a high-performance luxury SUV built from the ground up, rather than an adaptation of its predecessor.
California's electric car drive put on blocks by US Senate
US senators on Thursday blocked California's landmark mandate phasing out gas-powered cars, dealing a blow to the state's move towards electric vehicles in a pointed rebuke of Democratic climate change policies.
Tariff crossfire hits Toyota, Nissan, Ford suppliers in Japan
The worry is evident at companies like Kyowa Industrial, a maker of prototype parts and race-car components based in Takasaki, north of Tokyo. Kyowa, which employs 120 people, was among six auto suppliers that told Reuters they were concerned about their ability to withstand the tariff pressure on Japan's car industry.
Northvolt to wind down battery making in Sweden by the end of June
Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell production in the Nordic country by the end of June, its trustee said on Thursday.
Chile taps Rio Tinto for second major lithium project
Global miner Rio Tinto has been selected by Chile for the second time this week for a major new lithium project, with state-run mining body ENAMI naming it a partner for its Altoandinos lithium project in a statement on Thursday.
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