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Toyota and Suzuki to start discussing joint projects for technological development, vehicle production, and market development; India and Africa

Green Car Congress

Toyota Motor Corporation and Suzuki Motor Corporation (Suzuki) agreed to start discussing new joint projects in the fields of technological development, vehicle production, and market development. TKM) to produce models developed by Suzuki for sale in India through each of the Toyota and Suzuki brand network.

Suzuki 199
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Volvo rolls out its 10,000th made-in-India car from Bengaluru plant | Autocar Professional

Baua Electric

Volvo Car India has achieved a production milestone of 10,000 cars in India at its Bengaluru facility. It was in 2017 that the company commenced assembly operations with the XC90 XUV being the first model to be assembled and roll out of the factory. The 10,000 th model is an all-electric XC40 Recharge SUV.

India 52
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Reliance and BP to create major world-class fuels partnership for India’s fast-growing market

Green Car Congress

BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India. India is set to be the world’s largest growth market for energy by the mid-2020s. —Bob Dudley, Group Chief Executive of BP.

Market 170
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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

In 2017, after taking charge of the Tata Group, Natarajan Chandrasekaran had mooted the ‘UniEVerse’ initiative, keeping sustainability at its core. 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.

India 52
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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

Green Car Congress

A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. In the report, ABI Research analyzed the number of ride-hailing trips completed by users in different regions and evaluated market shares for each region.

Asia 199
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Lux: China, India lead Asian alternative fuels; targets likely will not be met

Green Car Congress

Driven by aggressive mandates, government support and cost advantages, China and India—the world’s two most populous countries—dominate Asia’s alternative fuels landscape, according to Lux Research. of its gasoline in 2017, according to Lux. Among their other findings: India will outpace Asia’s growth in biodiesel.

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Tesla’s ‘challenges’ with India gov’t halt potential rescue of $27B manufacturing initiative

Teslarati

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.

India 111