Declining for the ninth straight quarter, passenger vehicle sales in India plunged 78.43 per cent in the April-June period this year hit by the coronavirus pandemic, making it the longest slowdown in 20 years, auto industry body SIAM said on Tuesday. SIAM said Auto Industry Decline by 75% During the 1st Quarter of 2020-21 Compared […]
Electric vehicle maker Kinetic Green recently said that slow economic growth coupled with dull consumer sentiment will be “extremely challenging” for the domestic automotive industry, which was already reeling under a sales slump even before the COVID 19 crisis. At the same time, the company remains bullish on the electric vehicle (EV) segment in the […]
France is preparing a package of measures to shore up automakers stung by the coronavirus crisis, including subsidies to encourage purchases of electric vehicles, Finance Minister Bruno Le Maire said Monday. “I will announce a plan within two weeks… to relaunch car buying as well as the industry’s transition to a more sustainable model,” Le […]
The automobile industry is yet to submit its report on road map to transition two- and three-wheelers to full electric vehicles, according to a senior government official. At a meeting with industry representatives in June last year, the Niti Aayog had asked the industry to come back within two weeks with concrete steps towards the […]
The government has initiated a probe into an alleged dumping of clear float glass, used in automobiles and refrigeration industries, from Malaysia following a complaint from domestic players. The investigation is being conducted by the commerce ministry’s arm Directorate General of Trade Remedies (DGTR). In a notification, the directorate has said it has found sufficient […]
Shell India inaugurated its new lubricants laboratory at its Technology Centre in Bengaluru, further expanding the company’s R&D efforts both for India and internationally. The laboratory comes as a solutions provider to the rising demand for innovative lubricants following the rapid upgrade of technology in the industrial and automotive sectors. With valuable data analysis and […]
Sushil Reddy, an IIT Bombay alumnus, initiated a movement back in 2016 called ‘The SunPedal Ride’ for greener and cleaner future, and managed to enter Guinness Books of World Records and Limca World Record for the longest journey on a solar-powered electric bicycle. After travelling across the world and showcasing the solar powered bicycle Sushil […]
With cleaner fuel fast emerging as an order of the day in 2018, a busy year awaits the Indian automobile industry in 2019, a year before the Bharat Stage-VI standards gets implemented, when manufacturers would need to drive extra mile to meet the strict emission norms. Although electric vehicles are being already talked about as […]
Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter. The German and U.S. automakers are expected to provide an update on the progress of the talks […]
Tata Motors may get show cause notice from the government over the electric vehicle (EV) order claims a report. According to ET the government may issue the notice seeking reasons for not scrapping the first bulk order for electric cars, as it alleges that the automaker was going back on the contract. The publication citing […]
