AUTOMOBILES
Beijing Unveils Plans to Increase Driverless Vehicle Usage in the Capital
Autonomous vehicles that pass road testing and safety assessments will be allowed to apply for road trials, the state-backed Beijing Daily newspaper reported, which said the new regulations take effect from April 1.
India Reports 28.55 Lakh Electric Two-Wheelers and 2.57 Lakh Electric Four-Wheelers: Centre
As per the Vahan portal of the Ministry of Road Transport and Highways, the total number of electric vehicles (EV) registered in Odisha stands at 1,45,479, with an adoption rate of 1.24 per cent, Minister of State for Heavy Industries and Steel, Bhupathiraju Srinivasa Varma told the Lok Sabha in a written reply.
Tata Motors to Raise Passenger Vehicle Prices by Up to 3% Starting January
"'Effective January 2025, the price increase will vary depending on model and variant," it added.
India's Passenger Vehicle Sales Rise 4% to 3.5 Lakh Units in November
If we look at the January-November period, PV sales stood at 39,80,000 units, 4.1 per cent higher than 38,21,000 units sold in the same 11-month period in 2023.
If India can make rocket sensors, it can also make car sensors: ISRO chief Somanath
Speaking at a session on space technology and defence during the Bengaluru Tech Summit, which saw the unveiling of the Draft Karnataka Space Tech Policy, the ISRO Chairman said cost-effective production can ensure affordability.
India's Auto Parts Industry Set to Exceed $80 Billion in Revenue by 2024-25
One of the key trends here is the doubling of the contribution of the EV components industry to 6% of total production in FY2024. Battery technology and powertrain systems are turning out to be some of the most critical areas, amounting to 45% of EV manufacturing costs.
India's 2-Wheeler Retail Sales Expected to Grow 11-14% in FY25
Credit rating agency ICRA has revised the outlook for wholesale volume growth for the two-wheeler sector at 11-14 per cent in FY25, driven by sustained replacement demand and a picking up in rural demand with the onset of a healthy monsoon precipitation.
India's Two-Wheeler Sales Hit Record High of 21.64 Lakh Units in October
The passenger vehicles too have seen a high sales growth of 12.8 per cent in reaching the ever-reached monthly figure of 3.93 lakh units in October, on top of a base figure of 3.9 lakh units for October last year.
Vehicle Sales Surge by 32% Driven by Festive Discounts and Rising Rural Incomes
The rural market has been driving most of the robust growth in October this year, according to FADA. The two-wheeler and passenger vehicle sales bounced further supported by elevated MSP for rabi crops, FADA said.
Hyundai Overtakes Volkswagen to Become the World's 2nd-Largest Automaker
Car industry data showed Hyundai Motor Group sales were reported at 69.4 trillion won ($49.6 billion) and an operating profit of 6.5 trillion won in the third quarter.
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