#AutomotiveNews #CarNews #AutoIndustry #VehicleUpdates
In today’s automotive news roundup, we bring you the latest updates from the passenger vehicle, two-wheeler, auto components, and Pakistan segments. Let’s get started!
Passenger and Commercial Vehicles
#PassengerVehicles #CommercialVehicles #EVs #Investment #Launches #PakistanAuto
- In its first official engagement with the Indian government, Tesla and other global automakers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the domestic value addition (DVA) requirement timeline. (Source)
- BYD India has received a homologation certificate from the Automotive Research Association of India (ARAI) for the BYD ATTO 3, enabling the electric SUV to reach larger audiences and meet growing customer demand in India. (Source)
- Force Motors has teased the 2024 Gurkha in a new video, revealing the 5-door cabin featuring a 7-seater layout, a larger touchscreen, and a digital instrument cluster, among other upgrades. (Source)
- Select Maruti Suzuki Arena dealerships have started accepting unofficial bookings for the fourth-generation Swift, expected to be launched in India next month. (Source)
- Google Maps is set to receive an update aimed at enhancing EV charger discoverability, making it easier for users to find specific information about charging stations and tackle range anxiety while planning road trips. (Source)
- MG Motor India has signed an MoU with Epsilon Group subsidiaries Power EV and LICO for EV charging solutions and battery recycling/second-life expertise, respectively, aiming to bolster the existing public charging network. (Source)
- Battery Smart, a battery-swapping network provider, has partnered with Bharatsure to provide health and accidental insurance coverage to over 40,000 drivers and station partners within its network. (Source)
- Tata Motors is likely to produce Jaguar Land Rover electric vehicles at its proposed plant in Tamil Nadu, with plans to invest Rs. 9,000 crore in the state and set up an EV plant with a minimum capacity of 2 lakh units. (Source)
Ford has trademarked the name ‘Territory’ in India, indicating the potential launch of a 4.6m-long SUV to rival models like the Tata Harrier, Mahindra XUV700, and MG Hector. (Source)
Two-wheelers
#Motorcycles #Scooters #EVs #Production
- Royal Enfield is planning to launch the Interceptor Bear 650, a 650 cc off-road scrambler based on the current Interceptor 650, before the end of 2024. (Source)
- Honda Motorcycle and Scooter India (HMSI) has inaugurated a new CKD engine assembly line at its Global Resource Factory in Manesar, with a capacity to manufacture 600 engines per day for models ranging from 110 cc to 300 cc. (Source)
- Bajaj Auto plans to launch a new mass-market electric scooter under the Chetak brand in May and expand its retail footprint by three times over the next few months, aiming to sustain EV adoption amid reducing demand subsidy. (Source)
- Bajaj Auto expects India’s two-wheeler industry sales to grow by 7-8% in FY25, with electric two-wheeler sales growth projected in the ‘high teens’ amid disruption caused by changes in EV subsidy. (Source)
- Suzuki Motorcycle India has surpassed the production milestone of manufacturing 8 million cumulative two-wheelers in India since starting operations in 2006. (Source)
- Hero MotoCorp has trademarked the name ‘Hero Mavrick 440 Scrambler’, indicating a potential new scrambler model based on the Mavrick 440 platform. (Source)
Auto Components
#AutoParts #AnnualReport
- Schaeffler India Limited has released its Integrated Annual Report for 2023. (Source)
