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LOCALISED ELECTRIC VEHICLE
Hyundai Motor India plans to soon launch localised, mass-market SUV EVHyundai Motor India plans to soon launch a new mass-market SUV. This vehicle will be built on a dedicated electric vehicle platform. The co...- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
- Manufacturing firms' factory leasing seen rising to 30-32 million sq ft annually by 2030: ReportFactory space leasing in India is projected to reach thirty to thirty-two million square feet annually by 2030. This growth is fueled by ca...
- Axis Direct initiates coverage on Pricol with Buy rating. Check target pricePricol shares gained after Axis Direct initiated coverage with a Buy rating and a Rs 935 target price, implying around 21% upside. The brok...
- Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMAElectronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles...
- Electronics makers turn to cheaper materials and localisation as commodity costs biteElectronics producers are adapting to rising costs by innovating their material choices and enhancing local manufacturing efforts. In place...
- PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
- India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
- India’s auto parts makers face a new race: Localise, innovate, leadIndian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain...
- ET Prime Special Series: Multibagger or IBC - Part 74: This auto ancillary has monopoly over a part which EVs can't killFor many old auto suppliers, EVs raise an existential question: Will their product still be required? Here, the debate is different. The ba...
- Auto industry must focus on design, domestic value addition for e-mobility transition: H D KumaraswamyUnion Minister H D Kumaraswamy urged the automotive industry to prioritize design and domestic value addition. He emphasized that India's e...
- JSW MG Motor appoints Parth Jindal as ChairmanParth Jindal has been appointed Chairman of JSW MG Motor India, effective immediately. The company plans significant investments to expand ...
- Parth Jindal named chairman of JSW MG Motor IndiaJSW MG Motor India has appointed Parth Jindal as its new chairman. Jindal has been a board member since the joint venture's formation. He i...
- Ola Electric gets Rs 95.8 crore PLI incentive, third consecutive yearOla Electric has secured a Rs 95.81 crore incentive under the government’s Production Linked Incentive (PLI) scheme for automobiles and aut...
- From Nike to Starbucks, some American brands are losing aura in ChinaGlobal companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact fore...
- JSW MG seeks PHEV tax incentives, targets 70% localisation by 2027JSW MG Motor India is pushing for lower taxes on plug-in hybrid electric vehicles. The company targets 70% localization for its Windsor and...
- Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensiveHyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, t...
- Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facilityThe 40-acre facility will have the capacity to produce about 1,000 four-wheelers a month in a single shift and up to 2,000 with extended sh...
- Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansionJefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler...
- GST cuts shield Indian carmakers from commodity price shockGoods and services tax cuts offer carmakers a crucial buffer against rising commodity prices. Companies are employing various strategies to...
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