NITI Aayog has proposed a range of financial and non-financial incentives, expanding the scope of the Production Linked Incentive Scheme to include LNG-powered vehicles and creating a demand pool to encourage the use of liquefied natural gas (LNG) in medium and heavy commercial vehicles.
It said in...
Hyundai Motor plans to take its Indian unit public to raise at least USD 3 billion in what would be the country's largest initial public offering, two sources said, as the South Korean company doubles its bet in the key growth market ahead of a widely expected entry from Tesla.
Hyundai Motor India ...
NEW DELHI: As many as 70 types and sizes of tyres manufactured by more than one company will come under mandatory quality control norms from March next year, an official said. With the standards coming into force from March 2025, both industry and associations will have enough time to share the prod...
Maruti Suzuki expands its Bronx lineup with the Maruti Suzuki Fronx Turbo Velocity Edition which features 16 exterior and interior accessories. The turbo-petrol unit is exclusive to this edition. It remains the only car in the range with a turbo petrol engine.
Maruti Suzuki has introduced the Fronx...
The world faces horrific prospects for climate change, from melting glaciers in Antarctica to volcanic eruptions in Iceland, to recurring cloudbursts in India. Overcoming climate change and its devastating consequences requires the collective participation of countries and leaders.
India is proacti...
The upcoming Tata Curvv crossover, which was revealed as a concept at the Auto Expo 2023, will look a lot like the concept. Patent images confirm the final design and production is expected to begin in April. The electric version will make its debut, followed by its ICE counterparts.
Tata Motors wi...
EV makers are likely to agree with Finance Minister Nirmala Sitharaman to allocate an outlay of Rs 2,671 crore for faster adoption and manufacturing of electric (and hybrid) vehicles in India (FAME) for FY25.
The additional outlay of the scheme in the interim budget is the first official indication...
BPCL has placed an order for 1,800 DC EV chargers from Servotech Power Systems Ltd. With a project value of Rs 120 crore, Servotech will manufacture, supply, and install 1,800 EV chargers across the country at BPCL's petrol pumps in major cities by the end of the year 2024.
As part of the BPCL E-...
NEW DELHI: All eyes are on the Interim Budget 2024, which will be presented in Lok Sabha by Union Finance Minister Nirmala Sitharaman on February 1. Expectations are high for the new announcements and policy changes announced in previous Budgets. The Indian automobile industry wants to move faster t...
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