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  • Auto Sales Hit Record Highs for Third Year Despite Slowing Growth: SIAM Data Shows

    Auto Sales Hit Record Highs for Third Year Despite Slowing Growth: SIAM Data Shows

    Introduction: A Record-Breaking Year for Indian Auto Sales India’s automotive industry has achieved a remarkable milestone, with sales reaching record highs for the third consecutive year. According to the Society of Indian Automobile Manufacturers (SIAM), the fiscal year 2024-25 witnessed a 2% increase in passenger vehicle sales, totaling 4.3 million units. This growth, though modest…

  • Price Hikes, New Launches, and US Tariffs Impacting the Indian Auto Industry

    Price Hikes, New Launches, and US Tariffs Impacting the Indian Auto Industry

    The Indian automotive landscape is witnessing a flurry of activity as manufacturers adjust prices and launch new models to attract buyers. Several big brands like Maruti Suzuki, Tata, BMW, Hyundai, and Honda are set to increase their vehicle prices, while exciting new launches, such as the Tata Altroz Racer, promise to add spice to the…

  • BYD to Build First EV Plant in India: A Game-Changer for the Auto Industry?

    BYD to Build First EV Plant in India: A Game-Changer for the Auto Industry?

    Why is BYD expanding into India now? BYD, the world’s top electric vehicle manufacturer, is making a bold move by establishing a plant in India’s Rangareddy district, Telangana. This comes as the U.S. and EU tighten restrictions on Chinese EV imports, with tariffs as high as 100% in the U.S. and up to 35.3% in…

  • Hyundai Cars to Get Costlier in April 2025

    Hyundai Cars to Get Costlier in April 2025

    Hyundai Motor India has announced a price hike of up to 3% across its model lineup, effective April 2025. This increase is attributed to rising input costs, higher commodity prices, and increased operational expenses. Which Hyundai Cars Will See a Price Increase? The hike will vary based on the model and variant. Hyundai’s lineup includes:🔹Grand…

  • China’s BYD Unveils EV Charging System as Fast as Filling a Gas Tank

    China’s BYD Unveils EV Charging System as Fast as Filling a Gas Tank

    Chinese electric vehicle giant BYD has unveiled a groundbreaking 1,000 kW ultra-fast charging system, claiming it can recharge EVs in the same time it takes to refuel a gasoline car. This marks a major leap in charging technology, significantly reducing EV charging time and addressing a key concern for potential buyers. BYD’s Super E-Platform: A…

  • Xiaomi’s Luxury Electric Sedan SU7 Ultra Priced Lower Than Expected – Here’s Why It’s a Game-Changer!

    Xiaomi’s Luxury Electric Sedan SU7 Ultra Priced Lower Than Expected – Here’s Why It’s a Game-Changer!

    Why Did Xiaomi Cut the Price? When Xiaomi first introduced the SU7 Ultra, it was priced significantly higher. However, the company has now slashed the price, likely to attract more customers and compete aggressively in the growing EV market. With a $10 billion investment in the automotive sector, Xiaomi is making a strong push to…

  • Tesla Faces New Challenge as Xiaomi SU7 Outsells Model 3 in China

    Tesla Faces New Challenge as Xiaomi SU7 Outsells Model 3 in China

    Tesla’s dominance in China’s EV market is facing a new threat as Xiaomi’s SU7 electric sedan has outsold the Model 3 in recent months. 📉💥 Sales Showdown: Xiaomi vs. Tesla April 2024 – January 2025:Xiaomi SU7: 162,384 units soldTesla Model 3: 152,748 units sold January 2025 Sales:Xiaomi SU7: 22,897 unitsTesla Model 3: 8,009 units What’s…

  • Tesla’s Cheapest Car Still Out of Reach for Most Indians Despite Duty Cuts

    Tesla’s Cheapest Car Still Out of Reach for Most Indians Despite Duty Cuts

    Tesla is set to enter the Indian market, but a CLSA report highlights that even with reduced import duties (15-20%), its most affordable car, the Model 3, will still cost between ₹35-40 lakh—keeping it beyond the reach of most Indian consumers. Why Tesla’s Pricing Remains High The Model 3 costs $35,000 (₹30.4 lakh) in the…

  • Tesla’s India Entry: How Modi Government’s New EV Policy Could Pave the Way

    Tesla’s India Entry: How Modi Government’s New EV Policy Could Pave the Way

    Will Tesla Finally Set Up Shop in India? India is making big moves to attract global electric vehicle (EV) manufacturers, and Tesla seems to be watching closely. Under the upcoming Scheme to Promote Manufacturing of Electric Passenger Cars in India (SMEC), international EV makers like Tesla will be able to test the Indian market before…

  • MK Stalin Flags Off ‘Made in Tamil Nadu’ Electric Vehicles

    MK Stalin Flags Off ‘Made in Tamil Nadu’ Electric Vehicles

    Tamil Nadu Chief Minister MK Stalin flagged off Mahindra’s latest electric SUVs, the BE 6 and XEV 9, in Chennai on January 13. This milestone showcases Tamil Nadu’s advancing electric vehicle (EV) sector, with the new models highlighting the state’s commitment to innovative manufacturing. Key Features of BE 6 and XEV 9 Locally Manufactured Excellence

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