Govt to promote local EV production | Four EV companies deposit INR 129 cr against pending funds | Vehicle retail in H1 FY24 grew 9% Y-o-Y: FADA

Friday, October 13, 2023

Top Stories
	Govt to promote local EV production; move to boost employment generation
	Four EV companies deposit INR 129 cr with centre against pending funds
	Vehicle retail in H1 FY24 grew 9% Y-o-Y to 1.10 crore units: FADA
	Relief for Hero MotoCorp's Pawan Munjal till Dec 6 as Delhi court stays proceedings based on FIR
	INR 20 trillion highway blueprint prepared to potentially supersede Bharatmala-2 project
	Tesla Power India and Thai company join for battery import; plan to set up plant in India
	SUN Mobility partners Bluwheelz to deploy over 16K EVs in 1 yr
	Hybrid cars optimal solution to scale electrification of vehicles: Toyota
	JLR India records 105% rise in H1FY24 sales at 2,356 units
	Stellantis to double software engineers count in India, hire 1,100 in 12-18 months

	US EV sales hit record high, Tesla loses market share
	Volvo's C40 Recharge EV bags over 100 bookings, price revised to INR 63 lakh
	Honda Motor and Mitsubishi Corp sign MoU to explore EV-related business possibilities
	LML buys land in Haryana to establish EV industrial park for e-scooters
	Steelbird to set up helmet manufacturing plant in Hosur BusinessLine
	Rush hour: Why automakers are pouring Rs 1.85 trn into their factories Business-standard.com
	Rolling in luxury: Top-end carmakers spin wheels of bespoke experience Business-standard.com
	Smartphone giant Xiaomi holds talks with automakers about possible partnerships, report says Europe.autonews.com
	European Parliament backs weaker version of Euro 7 pollution rules Europe.autonews.com

Passenger Vehicle
	Kia presents global EV strategy, 3 new models at 'EV Day' in Korea, set to be held annually
	Mercedes-AMG offers upgrades to the GLA 45 S 4MATIC+ Performance SUV

Two Wheelers
	e-Sprinto expects 100% increase in bookings during festive season

Auto Components
	Toyota, Idemitsu tie up to mass-produce all-solid-state batteries

Industry
	Wipro Enterprises to acquire a majority stake in Italy-based Ferretto Automation
	Ford says it is 'at the limit' with UAW contract offer
	Thailand seeks auto R&D investment to keep EV momentum going
	US auto strike widens as 8,700 more workers join: union
	Piyush Goyal asks industry to accelerate production activity
	Passengers can now book QR-based tickets using Paytm app: DMRC
	US proposes USD 270,000 fine for joint venture GM battery plant
	OORJAA Secures INR 5.35 cr in Pre-Series A Round 2 led by Inflection Point Ventures
	Lithium-hungry France strikes Mongolian exploration deal
	Servotech Power Systems, EMCOR Power Solutions to set up 1,000 EV charging stations in India
	Surprise UAW strike at Ford raises stakes for Detroit Three
	UAW expands auto strike to Ford's biggest plant in surprise move
	JK Tyre Drift Challenge on Monday at BIC, Greater Noida, 25 drivers to participate
	CJ Darcl Logistics MoU with Tata Motors to explore Indian market
	Cars, two-wheelers to get costlier in Tamil Nadu. Here's why
	India well placed to contribute towards strengthening and diversifying supply chains: FM
	Varuna Group to launch multi user facility warehouse in Rudrapur, Uttarakhand
	Pinnacle Industries unveils innovative Railway seating, interior solutions at IREE 2023
	Chinese carmaker Geely and Malaysia's Proton consider EV plant in Thailand, Thai prime minister says
	How India can utilize its coal and lignite mines for Green Hydrogen production
	Gujarat to grow its economy by focusing on semiconductors, green hydrogen, EVs, pharmaceuticals, textiles: CM
	INR 20,000 fines on autos entering Noida Expressway as police crack whip

Oil & Lubes
	Russia's oil exports cuts include oil products: Deputy PM, Russia
	US consumer prices rise on gasoline and shelter costs in September
	IEA cuts forecast for growth in oil demand in 2024
	Pioneer's mega-sale to Exxon will trigger USD 71 mn in exec windfalls