Car sales black, grey, blue, red, green, and gold rose by a few percentage points in 2022
Maruti Suzuki says proudly that they have helped to sell at least one car in 4.18 lakh villages
The carmaker's earlier efforts to boost its presence in India have often been bruising experiences
Suchit Jain said that battery development and battery management for EVs as well as safety consumption are areas that will play a crucial role in India
Still FY23 sales figure, so far, is up 146%; FY24 outlook is bright, say experts
The $300 million to $350 million investment would value TVS at about $3 billion to $3.5 billion, likely making it India's most valuable EV two-wheeler manufacturer, ET said
Some customers will hold back from buying EVs due to lack of such infra
The volume growth would be on account of government infrastructure spending, replacement demand, back-to-school and office scenarios and e-commerce expansion, it noted
The electric three-wheeler will be manufactured at PVPL's Baramati manufacturing facility in Maharashtra
It will be built on a site that's being readied for industrial development near the junction of Interstates 94 and 69
At present, the firm imports these cars as fully built-up units that attract 110% duty; local manufacturing would help reduce wait periods and boost sales
Two-wheelers ride the slow track with just 3.81% sales growth amid rural slowdown
Lamborghini has already received orders for 100 cars in India in less than two months
Hyundai Motor India is looking to tap growth opportunities in the rural areas with rise in demand for aspirational products like sports utility vehicles and feature-rich models
Ola is also pushing the pedal in the premium electric scooter market ( Rs 1 lakh to Rs 1.5 lakh) where it has a 50 per cent share
Fewer than six out of every 100 vehicles sold in India are electric
The Mahindra Formula E and the Mahindra Advanced Design Europe (M.A.D.E.) teams collaborated on the livery design of the Gen3 car
Ola said the success of the S1 Pro and S1 have cemented its market leadership
Battista, the world's fastest accelerating electric car, was unveiled at Hyderabad E-Motor Show here on Thursday
While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities