Samvardhana Motherson sees minimal tariff impact with 90% of US business trade-compliant

Pankaj Mital, COO of auto components manufacturer Samvardhana Motherson International (SAMIL), said the company’s exposure to US tariffs remains minimal as most supplies are compliant with the United States-Mexico-Canada Agreement (USMCA). “Even our exports from India are just about $10 million for this quarter, and most have had no impact because they are all ex-factory,” he … Read more

Auto Wrap this week: Citroen’s C3X to Mercedes-AMG CLE 53 Coupe, here’s what’s new

The auto industry is buzzing with new launches and updates this August. Citroen India introduced the C3X hatchback, while Mercedes-Benz launched the AMG CLE 53 Coupe. Mahindra is set to reveal multiple electric SUV concepts, including the Vision T, Vision S, Vision SXT, and Vision X, on August 15. Here are the latest vehicle launches … Read more

Mahindra reveals 4 new SUVs on NU_IQ platform, production to start in 2027

On Independence Day, Mahindra & Mahindra unveiled its future SUV roadmap, presenting its Global Vision 2027 and debuting four striking design concepts built on its new NU_IQ modular, multi-energy platform. The four concepts – Vision.S, Vision.T, Vision.SXT and Vision.X – are scheduled to enter production from 2027, targeting both Indian and international markets, including left- … Read more

Battery swapping can accelerate India’s EV adoption, says industry experts

Battery swapping could be a game-changer for India’s electric vehicle (EV) adoption, helping reduce costs and keep vehicles on the road longer, industry experts told CNBC-TV18. Siddharth Sikka, Co-founder of Battery Smart, said, “When you remove battery ownership from the purchase equation, you bring down the upfront cost of an electric vehicle by as much as … Read more