🏢 Industry
Auto PLI disbursements under 10% as 2028 deadline approaches
Mumbai: India’s ₹25,938-crore auto Production-Linked Incentive (PLI) scheme has disbursed only ₹2,321 crore, less than 10 per cent of its total allocation, leaving more than ₹23,000 crore unclaimed with less than two years remaining before the March 2028 deadline. This situation highlights a significant gap between investment commitments and actual payouts.
Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks
Govt invites bids for 6,000 MTPA rare earth magnet manufacturing
Delhi govt eyes private push to expand EV infra ahead of policy rollout
📝 Anand Mahindra on how his early EV bet was once called ‘crazy’
📝 CAFE 3.0 delay likely: What these fuel norms mean and why there’s a debate
📝 Delhi EV policy 2.0 explained: 100% road tax waiver till 2030, up to Rs 1 lakh benefit!
📝 Tata Motors to hike prices by 0.5% from April 1; EVs unaffected
Read More >>
🚗 Luxury
Audi debuts the SQ8in India at ₹1.78 crore
The German luxury carmaker has expanded its performance SUV line-up in India with the launch of the SQ8. Positioned between the Q8 and RS Q8, it brings a sportier edge to the flagship coupe-SUV range. Power comes from a 4.0-litre twin-turbo V8, paired with quattro all-wheel drive, producing 507 bhp and 78.5 kg-m. The cabin packs premium tech, advanced driver aids and distinctive S-specific styling.
Lexus drives in first battery electric model ES500e in India
Customers will choose powertrain options, not company: Lexus
Lexus India eyes faster growth in FY26 amid rising demand, new launches
📝 Luxury EV market outpaces expectations fueled by tech-savvy buyers: BMW India's Hardeep Brar
📝 MINI Cooper S Victory Edition launched in India at ₹57.50 lakh, pays tribute to 1965 Monte Carlo rally win
📝 BMW Group India announces price hike of up to 2% from April 1
Read More >>
⛟ Commercial Vehicles
Delhi CM Rekha Gupta flags off 300 new EV buses
Source Credit: ANI, The Economic Times
Delhi Chief Minister Rekha Gupta on Friday flagged off 300 new electric vehicle (EV) buses in the national capital. She also said that the government has initiated interstate bus services from here to Ghaziabad in Uttar Pradesh.
A foundation stone was also laid for a new Delhi Transport Corporation (DTC) office near the IP depot, the CM said.
"300 new EV buses have been added to Delhi's fleet. Delhi now has a total of 6,100 buses. We want to transform Delhi's fleet of public transport entirely electric. We have also started inter-state bus services from Delhi to Ghaziabad. This is our fifth interstate route. We also laid the foundation stone for a Delhi Transport Corporation (DTC) office.
We are making efforts to reform Delhi's public transport infrastructure," Gupta told reporters here.
The Delhi CM said that the government was making efforts to reform the national capital's public transport infrastructure and had the desire to transform it entirely. The Delhi government has also initiated the disbursal of nearly Rs 24 crore in EV subsidies to 12,877 eligible beneficiaries, she said.
"We have given an EV subsidy that has been pending since 2023. We have sent crores (Rs) into the EV subsidy account for people. People can enrol transparently into the portal that we have initiated and get the subsidy," Gupta added.
The Delhi CM was accompanied by Union Minister of State (MoS) for Road Transport and Highways Harsh Malhotra on this occasion.
Meanwhile, Gupta on Thursday held a consultation with gig workers and Shramiks to gather their recommendations for the upcoming state budget. The meeting focused on addressing systemic challenges, including the demand for formal employment status and the creation of specialised urban infrastructure to support those working in the delivery and transport sectors.
"The Delhi government's budget session, scheduled to begin on March 23, will be the government's second budget. We have consulted with people from various sections of society to ensure that the Delhi government presents this budget in accordance with their suggestions. It should address public concerns and provide infrastructure for Delhi.
We want to reach out to the public with a roadmap for a developed Delhi. Their participation is the biggest strength of this budget," the Chief Minister said.
While discussing the need for gender-specific policies to support women in the delivery and transport sectors, a participant highlighted the lack of basic facilities.
https://auto.economictimes.indiatimes.com/news/commercial-vehicle/delhi-cm-rekha-gupta-flags-off-300-new-ev-buses/129697012?utm_source=newslisting&utm_medium=latestNews
Delhi: CM Rekha Gupta launches 300 e-buses, portal to disburse pending EV subsidies
The Indian Express
📝 Eicher Trucks and Buses opens community development centre in Pithampur
📝 TVS launches ‘TVS KING Ka Vaada 3.0’ with extended warranty, insurance benefits
Read More >>
🎤 Interviews & Features
Sound Majority: Kawasaki
If you chuckled at the pun concealed in the headline of this story, you have plenty of context on Kawasaki’s Z900 being a bit of a mass sensation. Why is it one, though? While it’s true that India has seen big-displacement motorcycles on sale for nearly the last two decades, we haven’t yet outgrown the appeal of the howl an inline-four engine produces. I, for one, thought I had. But wrongly so.
Game of Thrones: Skoda
Competition is meant to be a good thing, however it often tramlines the breed. Now, the class of SUVs that the Kushaq calls its playing field is among the toughest to crack, but it’s also one that rewards handsomely. Like in every cut-throat class, there’s an incumbent here, too and it often overwhelms its peers with its success. Incumbents are also infamous for setting expectations — often in a debatable direction — and the rest are left with no choice but to simply follow. This mid-life update to the Kushaq is therefore, a lot about it keeping with the times while still trying to maintain its distinct and rather likeable identity.
The 90-minute test: How Anand Mahindra selects leaders for strategic bets
Anand Mahindra’s trade secret for hiring top leadership is disarmingly simple: a 90-minute, unstructured conversation. No scorecards, no preset questions—just an attempt to observe one thing: curiosity, and how a leader will behave when there are no scripts to follow, when no one is watching. At its core, Mahindra’s model links leadership, risk, and execution into a single system—one that allows the group to place early bets without losing strategic discipline.
Easy to love, hard to beat: New Skoda Kushaq
After the Launch of the sub-4 metre SUV Kylaq in January 2025, sales of its elder sibling, the Kushaq, have been under pressure — these dropped from 17,567 units in 2024 to just 10,744 units in 2025. But the new Kushaq can bring midsize SUV buyers back to Skoda showrooms. We took it for a spin around Jaipur.
📝 Renault Duster hybrid sold out before even going on sale! Tech explained
📝 Hydrogen could scale faster than expected in India: TKM’s Vikram Gulati
📝 Skoda targets volume growth with Kushaq facelift, plans 200-city reach
📝 Skoda Kushaq Facelift Review: ‘The Emperor’ turns on the style
📝 Kia Syros turbo petrol DCT mileage test: real-world efficiency figures
📝 Top five safest cars as per BNCAP: Maruti Victoris, Tata Punch & more
Read More >>
🏍 EV/ICE Two Wheelers
Royal Enfield Meteor 350 sells 6 lakh units so far: We rode it to find out why
Royal Enfield has quietly achieved a major milestone in the heavyweight cruiser category – it has sold 6 lakh units of the Meteor 350 cruiser since the first one rolled out of the production line in 2020. While that number may not bother the top-selling Classic 350 and the Hunter 350, the Meteor remains one of the top-5 motorcycles in the sub-400cc category in India every month. Outside India, the Meteor 350 appeals to riders seeking a relaxed countryside cruiser without spending a fortune on its maintenance.
Ola Electric diverts IPO funds from R&D to debt amid mounting pressures
From 400cc to 350cc: GST reset reshapes India’s motorcycle market
India’s mid-capacity motorcycle segment is undergoing a sharp structural shift, with manufacturers reworking product strategies after last September’s GST overhaul created a stark divide in pricing across engine categories.
📝 Bijliride to double down on FOFO model as it eyes scaling operations across 25 cities
Read More >>
⚙ Components
📝 Govt sets up rare earth magnet pilot plant at ARCI, Hyderabad
📝 ASIABRAKE 2026 concludes with focus on next-gen braking technologies, sustainability
📝 Varroc launches Eureka Challenge 3.0 to tap next-gen mobility talent
Read More >>
🌇 Allied Industries
Tyre stocks skid up to 18% in March; can slip another 24%, cautions analyst
📝 Honeywell launches AI-powered Experion Operations Assistant for industrial control rooms
📝 TVS announces BaaS for its EVs, rolls out the Orbiter V1
Read More >>
🌢 Fuels, Lubricants
Indian Oil seeks crude from West Africa amid supply shock
State refiner Indian Oil Corp (IOC) is seeking crude mainly from West Africa for loading in the second half of April, trade sources said on Friday, as the Iran war significantly disrupted exports from the Middle East.
Premium petrol prices hiked by ₹2; normal petrol, diesel price unchanged
Oil marketing companies Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) on Friday hiked the price of premium petrol by ₹2, effective immediately.
How distorted West Asia crude pricing hurts India as war lifts import costs
Crude oil futures slide 2% to ₹8,808 per barrel amid Iran supply hopes
Higher-grade fuel gets costlier amid spike in oil prices; OMCs hike rates
📝 India's crude imports took a big hit due to the West Asia Crisis: Systematix Research
📝 Understanding the different types of petrol for your vehicle needs
📝 Russian oil set to regain pole position in India
Read More >>
EV Charging
📝 Mahindra’s Charge_iN, HPCL partner to expand EV charging network
📝 No licensing rules for EV chargers in MP, clarifies Centre
📝 Free EV charging for VinFast buyers till 2029! How it benefits you
Read More >>
💸 Finance & Insurance
Navi enters motor insurance with zero-commission digital plans
Read More >>
📖 Magazines
📝 Premium petrol prices hiked by over Rs 2 per litre
📝 BMW Group announces 2 percent price hike from April 2026
📝 Hyundai Exter facelift launched at Rs 5.80 lakh
📝 47th Vienna Motor Symposium to host global powertrain experts in April
📝 New toll rules bring e-notices, 2x penalty for non-payment
📝 Yamaha FZ Rave review: What's in a name?
📝 Lexus launches new ES 500e EV at Rs 89.99 lakh
📝 Skoda Kushaq Facelift Review: More than skin deep
📝 5 SUVs that dominate their respective segments in sales
📝 TVS Young Media Racer Program: One Final Push
📝 Mahindra XUV 7XO Diesel-AT real-world fuel economy tested, explained
Read More >>
📰 International
Tesla likely to buy solar equipment worth $2.9 billion from Chinese firms
Tesla is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies, two people familiar with the matter said, as CEO Elon Musk aims to add 100 gigawatts of solar capacity in the United States.
BYD showrooms are bustling across Asia after Iran oil shock
AT A BYD car dealership in Manila’s financial district, demand for the Chinese company’s electric vehicles is so high that Matthew Dominique Poh said he’s seen a month’s worth of orders in just the past two weeks.
📝 China's Xpeng posts first profit on high-margin EV sales
📝 US regulator closes defect petition covering over 2 million Tesla vehicles
📝 Hyundai to recall over 61,000 Palisade SUVs in US after fatal incident, says NHTSA
📝 Tesla faces wider probe of self-driving feature as it prepares to sell cars without steering wheels
📝 Supplier ZF gives downbeat revenue outlook over weak commercial vehicle sector
📝 Uber to buy Rivian vehicles for use as driverless taxis
📝 Car security alert: How aluminium foil wrapping can protect your key fob from hackers and stop signal theft
📝 Updated Xiaomi SU7 debuts with 902 km range, 0-100 kmph in 3.08 sec: Details
Read More >>
405, TSL Corner
contact@nurcmedianext.com
+91-11-49849324, +91-9958949710
