Facelifted BYD Atto 3 to debut with ‘God’s Eye’ ADAS system and 521 km range

The BYD Atto 3, the first electric passenger vehicle launched by Chinese automaker BYD in India, has been globally updated with the new advanced driver-assistance system, God’s Eye C as its standout feature. Official images of the facelifted all-electric SUV, known as the Yuan Plus in China, emerged online recently, revealing enhanced technology and a … Read more

US tariffs shift global trade, India and Japan seize new opportunities, says Hero Enterprises’ Munjal

Chairman of Hero Enterprises, Sunil Kant Munjal, has stated that India has a significant opportunity to benefit from the impact of tariffs being proposed or implemented by US President Donald Trump. He explained that the overall withdrawal of capacities from various markets due to the imposition of tariffs has created an unprecedented opportunity for both … Read more

Toyota tests robotic rides, hydrogen power in a $10 billion city near Mount Fuji

1 / 9 Toyota’s Experimental City: Japanese automaker Toyota is developing a unique urban site called Woven City near Mount Fuji to explore future mobility solutions, incorporating robotics, artificial intelligence, and self-driving vehicles that emit no pollution. 2 / 9 Distinct from Smart Cities: Daisuke Toyoda, an executive from Toyota’s founding family overseeing the initiative, … Read more

Delhi HC scraps ₹2,000 crore tax notice against Maruti Suzuki, calls it time-barred

The Delhi High Court quashed an income tax reassessment notice against Maruti Suzuki India Ltd. (MSIL) for the Assessment Year (AY) 2009-10 on Friday. The notice, issued by the Deputy Commissioner of Income Tax (DCIT) on April 1, 2016, was ruled time-barred and based on a “change of opinion” rather than fresh evidence by Justices … Read more

Kinetic Group sets up advanced battery manufacturing facility in Ahmednagar

Automotive components manufacturer, Kinetic Group, today (February 21) announced the establishment of its new battery manufacturing facility in Ahmednagar, Maharashtra. The plant, developed with an investment of ₹50 crore, marks the company’s foray into electric vehicle (EV) battery production, manufacturing high-performance battery packs under the Range-X brand for two and three wheelers, the company said … Read more

Tax department accuses Volkswagen of playing the victim card in Bombay High Court

The tax department has accused Volkswagen of playing the victim card in its ongoing $1.4 billion tax case before the Bombay High Court. The case, which entered its second day of arguments on Thursday, revolves around a significant tax demand of ₹12,000 crore levied against the automaker. Volkswagen has strongly contested the tax notice, arguing that … Read more

India to invite applications for electric car manufacturing by April, will Tesla apply?

The Central government will soon invite applications under the Scheme for the Promotion of Manufacturing Electric Cars in India, which will give global OEMs a 15% concessional duty as opposed to the current 70%. This scheme was announced in March last year, and the government has been holding consultations with the industry on implementation guidelines. … Read more