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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 New vehicles delivered in India totaled 4.13 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25

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Mahindra and Volkswagen explore strategic alliance to accelerate electrification of Indian automotive market

Green Car Congress

In addition, the two companies will explore further opportunities for collaboration, opening the perspective towards a broader strategic alliance to accelerate the electrification of the Indian automotive market. Mahindra showcased its new electric SUV family at the Mahindra Born EV vision unveil event in Banbury, United Kingdom.

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Tesla loses India executive after plan to enter market stagnates

Teslarati

Tesla has lost one of the key executives it hired to handle business in India after the company’s plan to enter the market stagnated due to a disagreement on import duties. In July 2021, CEO Elon Musk stated on Twitter that he is likely to open a factory in India if it is successful with imported vehicles.

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India could be the largest electric vehicle market by 2030, says Piyush Goyal | Autocar Professional

Baua Electric

With the adoption of electric vehicles picking up in the country, India could become the largest electric vehicle market in the world by 2030, Minister of Commerce and Industry Piyush Goyal today. India is currently the third-largest automobile market in the world. lakh units, with two-wheelers leading the race.

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Tesla to spend almost $2 billion on components from India this year

Teslarati

With Tesla and India still working out the finer details for its apparent partnership that would see a new Gigafactory come to the country, a new statement from a government official shows that the automaker will purchase billions of dollars worth of automotive components from the country. Tesla plans to source between $1.7

India 135
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SUV sales surge in India’s preowned car market – ET Auto

Baua Electric

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build.

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Made in India electric vehicles ready to hit global markets | Autocar Professional

Baua Electric

At a time when global electric vehicle major Tesla is set to announce its big-bang entry into the Indian market this month, the world’s third largest passenger vehicle market is set to take a big leap into electric vehicle exports, with the Make in India tag well proven over the last couple of decades.

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