Baua Electric

MAY 14, 2024

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. Autocar Professional broke the story in February and reported this week that Leapmotor will bring in the T03 and C10 into the Indian market.

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Baua Electric

MARCH 5, 2024

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. The company says the South is the biggest EV market in India, followed by the North and West, which are almost equal.

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Baua Electric

JANUARY 31, 2024

Mercedes-Benz has just launched the 2024 GLA in the Indian market. It is the most affordable SUV in the brand’s lineup and it now starts at ₹ 50.50 First Published Date: 31 Jan 2024, 13:04 PM IST The post 2024 GLA, the most-affordable Mercedes SUV, launched with updates in India appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 12, 2024

As the CEO of Tesla, Musk grapples with a tumultuous global landscape, his eyes are set on a new frontier: India, a market that, at this point, presents both promise and peril for Tesla. During the India visit, Musk was expected to announce an investment of USD 2 billion to USD 3 billion, for a factory in India.

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Baua Electric

APRIL 30, 2024

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Chung had addressed a town hall earlier in April offering a long-term strategy for the Indian market. The market leader has guided for sales of about 7.5

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Baua Electric

JANUARY 5, 2024

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. New Delhi: Renault India Pvt Ltd. an arm of Bajaj Finserv Ltd. , an arm of Bajaj Finserv Ltd. ,

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Baua Electric

MAY 8, 2024

Speaking on the sidelines of the China Auto Show in Beijing recently, Yu De, GM for International Operations and the assistant to the president of SAIC Motor told Autocar Professional, “We have a very ambitious plan. We are looking at setting up a second plant in India.” We have good cooperation with JSW Group.

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Baua Electric

NOVEMBER 18, 2023

the adoption of electric vehicles (EVs) in India has been gaining momentum, driven by various factors such as environmental concerns, government initiatives, and advancements in technology. These incentives are intended to make electric vehicles more affordable and encourage their adoption.

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Green Car Congress

SEPTEMBER 18, 2017

Mahindra Group and Ford Motor Company have agreed to explore a strategic alliance designed to leverage the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and successful operating model. Distribution within India; improving Ford’s reach within India.

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Baua Electric

APRIL 11, 2024

Citroen, the French automotive giant, has achieved a milestone by becoming India’s first multinational car manufacturer to export locally manufactured electric vehicles (EVs) to international markets. In addition to the e-C3, Citroen has also commenced exporting the C3 to ASEAN and African markets.

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Teslarati

AUGUST 3, 2023

While Tesla has seen notable challenges breaking into India in the past, the electric vehicle maker appears to be receiving a red carpet welcome of sorts this time around. India is an increasingly important market in the auto industry. Modi is reportedly tracking the discussions’ developments as well.

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Teslarati

JULY 13, 2023

India has become the world’s third-largest auto market , following China and the United States. Tesla seemed poised to enter the Indian market last year, though plans were stalled after the government reportedly refused to lower import taxes on the company’s cars. I am planning to visit India next year.

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Baua Electric

MARCH 7, 2024

By: HT Auto Desk | Updated on: 07 Mar 2024, 16:03 PM If Ford launches the Ranger in the Indian market then it will go directly against the Toyota Hilux. Ford Ranger is the smallest and most affordable pick-up truck in the lineup. As of now, it is not clear what the Everest and Ranger are doing in Chennai.

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Baua Electric

JANUARY 4, 2024

New Delhi: Tesla Power India introduced ReStore , a refurbished battery brand supporting self-reliance, skill development, and green technology. This initiative is led by the Gurgaon-based Tesla Power India Private Limited, with global headquarters in Delaware, USA.

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Baua Electric

MAY 4, 2024

While domestic market wholesales are posting strong double-digit growth on the back of a much-awaited rural India recovery, export demand for made-in-India two-wheelers is finally beginning to see the green shoots of recovery. India Two-Wheeler Inc closed FY2024 with total shipments of 3.45 FY2022 with 4.44

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Baua Electric

MAY 8, 2024

SAIC Motor, China’s largest carmaker, plans to invest up to $2 billion in India by this decade’s end and produce and sell over a million vehicles annually along with its joint venture partner JSW Group by then, a top executive told Autocar Professional. “We We have a very ambitious plan. We have good cooperation with JSW Group.

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Baua Electric

MARCH 10, 2024

Ford announced its exit from the Indian market back in 2021 owing to poor sales resulting in a loss of $2 billion here and eventually completed the exit process in 2022. It was one of the major blows for the country’s manufacturing sector as several other auto OEMs like Chevrolet, Datsun etc called it quit from India.

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Baua Electric

APRIL 22, 2024

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

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Baua Electric

MARCH 2, 2024

The SUV-centric trend has extended beyond new car acquisitions and is making its presence felt in the used car market with a 4-6% growth since FY21, Chopra said. As per the findings of the Gurugram-based online used car marketplace, there are changes in market dynamics with customers opting for frequent upgrades when it comes to cars.

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Electric Vehicles India

SEPTEMBER 2, 2021

Power Global launches eZee swappable battery EVs in India . A Noida based Power Global is a leading high-performance clean energy and mobility product for everyday applications has launched its first eZee swappable battery in India. The swappable battery is designed for light vehicles including two and three-wheeler vehicles.

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Baua Electric

JANUARY 15, 2024

Uber, India’s leading ride-hailing app, today flagged off its EV auto rickshaw service with Uttar Pradesh Chief Minister Yogi Adityanath in the temple town of Ayodhya under its popular category, Uber Auto, ahead of Ram Mandir Consecration in Ayodhya.

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Baua Electric

JANUARY 14, 2024

The expansion into Ayodhya aligns with Uber’s growth plans in India and reflects the company’s ‘India to Bharat’ strategy to increase its footprint and product offerings to more and more regional markets the company said.

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Baua Electric

APRIL 24, 2024

The plant is slated to be completed and become operational in 60 days to support the company’s R&D efforts, enhance its manufacturing efficiency, and make ‘Made in India’ vehicles more affordable, the company said. The E2W manufacturer invested approximately INR 5.5

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Baua Electric

MARCH 14, 2024

The funds will be allocated for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development for greater visibility, and sustained success of the enterprise. Two-wheeler for a bachelor and a 4-wheeler for a family is not a convenience but a necessity.

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Baua Electric

APRIL 12, 2024

Given India’s dependence on 100% imported lithium-ion cells for electric vehicle batteries, there exists a compelling drive to cultivate indigenous cell and battery manufacturing capacities to meet the burgeoning demands. Log9 has an impressive record of bringing world-leading battery technology to market.

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Baua Electric

MARCH 7, 2024

This initiative will directly contribute to reduced reliance on imported components, creation of high-skilled jobs within India, economic growth in the technology sector and advancement of India’s EV charging capabilities, the company said. stands committed to spearheading India’s transition to clean energy solutions.

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Baua Electric

APRIL 28, 2024

E-Mobility is an irreversible megatrend and an imperative to address pollution and generate job opportunities in India,” the chairman of the group had said back then. Today, we cater to the entire EV market. It now includes rivals in the car market as well as OEMs from the two-wheeler, three-wheeler, truck and bus segments.

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Baua Electric

APRIL 18, 2024

In a bid to sustain the electric vehicle adoption amid reducing demand subsidy, Bajaj Auto plans to introduce more accessible electric scooters in the market. We will be launching a new product by May,” Bajaj Auto Executive Director Rakesh Sharma told reporters in a post-earnings call today.

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Baua Electric

MARCH 31, 2024

As per retail data published on the government of India’s Vahan website, between April 1, 2023 and March 31, 2024, a total of 16,65,270 EVs were bought in India – that’s 4,562 EVs sold every day in FY2024 compared to 3,242 EVs in FY2023. MEGA MARCH PUMPS UP THE VOLUME March 2024 was a mega month for India EV industry.

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Baua Electric

MARCH 27, 2024

The journey of SafeCams began with a simple observation by Vanesh Naidoo, its co-founder, during his time in India in 2008. New Delhi: In the bustling streets of India, where traffic can be chaotic and accidents all too common, one company is revolutionizing road safety through innovative dash cam technology.

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Baua Electric

APRIL 28, 2024

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. Alongside Tesla’s Model 3 and Model Y, several other new energy vehicles manufactured by BYD, Lotus, Nezha, Li Auto, and Nio have also met China’s stringent data security standards.

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Teslarati

JANUARY 13, 2022

In 2014 when Narendra Modi officially became Prime Minister of India, his first message to people around the world was that, under his leadership, Indian manufacturing operations would become one of the world’s most robust. Five years after the initiative began, India’s manufacturing GDP was the lowest it had been in twenty years.

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Baua Electric

JANUARY 28, 2024

Cumulative 10-year retail data from the government’s Vahan portal reveals that India EV Inc has seen sales grow from a very low 2,390 units in CY20214 to 15,31,177 units in CY2023 (see data table below). Given their level of affordability, the electric two- and three-wheeler sub-segments will always be the volume drivers.

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Baua Electric

APRIL 24, 2024

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. Meanwhile, Ford is understood to be evaluating its India market re-entry.

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Baua Electric

JANUARY 18, 2024

BMW Group India, which registered its best-ever calendar year-to-date sales in CY2023 , continues to see its two-wheeler arm – BMW Motorrad India – maintain the strong momentum it has delivered since the past few years. With a record 8,768 two-wheelers sold in CY2023, YoY growth for BMW Motorrad India was 20.40% (CY2022: 7,282 units).

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Baua Electric

JANUARY 3, 2024

The global CTO elaborates on how the company is in an interesting phase for the next five to seven years, in terms of providing optimal technology but at an affordable price, and how the company is talking to several OEMs, and if the business case is mature enough, they can meet the price point especially for India, and they are prepared.

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Baua Electric

MAY 10, 2024

By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. Maruti Suzuki claims that the small car segment in India will revive itself in another two years.

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