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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.

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GlobalData: Maruti Suzuki expects lower EV penetration in India by 2030 compared to government’s target

Green Car Congress

Maruti Suzuki India (MSI) has announced that its electric vehicle (EV) will be available in India for sale by 2025. Suzuki Motors has a global EV alliance with Toyota, however it has lags with regards to its BEV strategy in India. That said, the company has research & development ongoing for EV products.

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Tesla needs to commit to Gigafactory India for reduced import duties: officials

Teslarati

Tesla is set to possibly receive a reduction in India’s import duties under the condition that it plans to manufacture cars in the country, government officials said. For years, Tesla has attempted to enter India as a domestic carmaker to supply its electric vehicles to potential customers in the Indian market.

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Tesla gets support in India for import duty reductions

Teslarati

Following news that the company started lining up supplier deals that will give the company the ability to manufacture and sell its cars in India for the first time in the automaker’s eighteen-year history, Tesla is moving closer to having the authorization to import cars into the country. What do you think?

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EV sales in India surge 41% to 1.66 million units in FY2024 | Autocar Professional

Baua Electric

FY2024 has ended on a very strong note for the Indian electric vehicle (EV) industry, setting a new benchmark for sales across vehicle segments as also delivering the best-ever 12-month sales for the electric two-wheeler, three-wheeler and passenger vehicle sub-segments. million units have been sold in India since FY2015.

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Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR | Autocar Professional

Baua Electric

South Korean car major Kia has set a target of selling 4 lakh units annually in India by 2030 thereby aiming for a 10% compound annual growth rate (CAGR) over the next seven years. Addressing the CEO Investor Day 2024 in Seoul, Korea on Friday, Ho-Sung Song, the president and CEO of Kia said, “We forecast sales of 1.1

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Aemetis wins $6M biodiesel supply contract with India Government oil companies

Green Car Congress

announced that its Universal Biofuels subsidiary has won a $6-million first contract to supply biodiesel to the India government-owned Oil Marketing Companies (OMC) in a public tender process. The OMC’s provide about 70% of the fuel consumed in India, and the diesel fuel market is growing at a rate of more than 5% per year.

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