Annual net profit of Chinese EV giant BYD up 446%

Chinese electric vehicle and battery maker BYD reported a 2022 net profit of 16.6 billion yuan ($2.4 billion) on Tuesday, up 446% from the previous year. China, the world's largest overall producer of greenhouse gases, plans for domestic car sales to be mainly made up of electric and hybrid cars by...

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India can become number one automobile manufacturer by using lithium reserve in J&K: Nitin Gadkari

Union Minister Nitin Gadkari said on Friday that if India can use recently discovered reserve of lithium in Jammu and Kashmir, it can become the world's number one automaker in the electric vehicle segment. In an event organized by the CII industry body, the Minister of Roads, Transport and Highway...

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Unlock New Sales Opportunities with Premium Car Sales Leads

Are you looking to take your car sales to the next level? If so, you need to unlock new sales opportunities. A way to do this is by using premium car sales leads. These leads are invaluable to your business as they provide valuable information about potential customers interested in purchasing a car...

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Lamborghini Urus S to be launched in India on 13 April

Italian marquee Lamborghini pulled the covers from the Urus S in October last year. Now, the house of the raging bull has confirmed the arrival of this new version of the SUV on Indian soil with a launch scheduled for April 13. The Lamborghini Urus S, unlike its performance-focused Lamborghini S, h...

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What does BS6 Phase 2 mean for the Indian Auto Industry?

Protecting the environment from pollutants, as per inteational conventions, has become one of the biggest challenges for the Indian govement. To keep pollution levels in check, the govement will soon implement the second phase of BS6 emission standards in India. Starting April 1, 2023, all new vehi...

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IFC to invest INR 600 crore in M&M’s new last mile mobility company underway

New Delhi: The Inteational Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced an investment of INR 600 crore in a new Last Mile Mobility (LMM) company, to be incorporated as a wholly-owned subsidiary of Mahindra. & Mahindra (NewCo). The funding aims to...

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Tata Nexon mileage in India increased; BS6 Phase 2 effect?

Tata Motors is currently updating its range of cars to comply with the BS6 Phase 2 and RDE norms which will come into effect from April 1. While the Harrier and Safari have already received this update, we expect all other models to get the update in the coming days. Tata h...

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New Hyundai Verna 2023 gathers over 8,000 bookings

- Bookings are open for Rs 25,000 -Offered with two powertrains and four variants options Hyundai launched the all-new Vea in the Indian market today, with a starting price of Rs. 10.90 lakhs (ex-showroom). The midsize sedan received a much-needed update after a long time. Addi...

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Is solid-state LiDAR the key to autonomous driving?

Major automakers and technology companies around the world have committed billions of dollars to making autonomous car technology a reality. Industry researchers estimate that it will take some time for the automotive sector to reach the point where most driving situations can be handled by cars the...

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