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This week witnessed several interesting developments in the automobile sector, including debuts and updates that showcased cutting-edge innovation, style and performance. Highlights of the week include the Mercedes-Benz Vision V, Ducati Scrambler Full Throttle and Kia K4 hatchback, among others. Mercedes-Benz Vision V Mercedes-Benz introduced its latest luxurious concept vehicle, Vision V. Built on the … Read more

The Indian automotive sector has navigated a turbulent fiscal year 2024-25 (FY25), marked by subdued overall sentiment, particularly in the second half. A confluence of macroeconomic headwinds, uneven rural recovery, evolving consumer preferences, and regulatory changes has led to a patchy performance across vehicle categories. Growth projections for the last quarter of the fiscal year … Read more

Indian electric vehicle (EV) and auto component manufacturers will soon face fresh production hurdles as China has restricted the export of rare earth magnets to India starting April 4, industry sources told CNBC-TV18. These magnets are essential for traction motors and various components used in EVs and automobiles. The move has prompted Indian automakers and … Read more

Homegrown e-two-wheeler manufacturer Ola Electric is likely to face increased government scrutiny over non-compliance with Motor Vehicle Rules. The Ministry of Road Transport and Highways (MoRTH) is preparing to issue a fourth letter to the company, demanding detailed information about its stores across India, including how many hold valid trade certificates and how many do … Read more

India’s high-end motorcycle market may be in for a shake-up! According to a Bloomberg report, the government is considering cutting import duties on high-end motorcycles in the 705 cc and above category to zero. In case this does happen, it will have significant implications on Eicher Motors, the parent company of Royal Enfield, known for … Read more

A top-performing Chinese equities veteran is betting on consumer stocks with haven characteristics to outperform amid ongoing tariff conflicts. Bin Shi, head of China equities at UBS Asset Management, is avoiding crowded names that have rallied significantly this year. He prefers to own well-established companies like hard-liquor maker Kweichow Moutai Co., up about 1.8%, which … Read more

Electric Vehicle manufacturer Tesla Inc. believes India is a “hard market” but a “great one to enter.” The company made these statements during its post-earnings conference call with analysts. When quizzed about the company’s geographical expansion plans, Tesla CFO Vaibhav Taneja said that the company is currently working on getting into the Indian market. However, … Read more

The impending acquisition of Nissan’s 51% stake in the Renault-Nissan alliance in India could enable Renault to fully utilise its manufacturing capacity in the country by 2030, the company’s India Managing Director and CEO told CNBC-TV18. “The (Renault) takeover will bring our plant in Chennai to peak operational levels,” said Venkatram Mamillapalle, in an exclusive … Read more

In a significant move aimed at boosting urban mobility and sustainable transportation, the Maharashtra government, on Monday, officially approved a policy framework for the operation of bike taxis across the state. Safety and Inclusivity  Under the newly rolled-out policy, bike taxis will be permitted to operate in all cities within Maharashtra that have a population … Read more

Contemporary Amperex Technology Co. Ltd., the world’s biggest producer of batteries for electric vehicles, unveiled the latest versions of its cells, playing up the durability and range of its products as the perceived limits of EVs still stop many consumers from making the switch. CATL teased the latest innovations at its Tech Day on Monday … Read more