Search result for 'vehicle production'

India's Environment Minister Bhupender Yadav calls for 50% EV sales by 2030 to achieve net zero emissions by 2070. He highlights the importance of circularity in the automotive sector.

US Ambassador Eric Garcetti predicts India will become a global hub for renewable energy manufacturing in the next 30 years, citing its bold goals and strong India-US partnership.

Hyundai Motor India's Q2 PAT declined by 16% to Rs 1,375 crore due to lower sales. The company is set to launch the Creta EV in the coming months and expects the new plant in Pune to start...

Maruti Suzuki India witnessed a 16% decline in passenger car production in October 2024, while utility vehicle production surged by 33%. Read more about the production figures for various car models.

Atul Auto subsidiary Atul Greentech partners with Jio Platforms to offer electric vehicle solutions in India and global markets. The partnership will focus on all three-wheeler platforms of Atul...

JSW Green Mobility has been allotted 636 acres of land in AURIC city to set up an electric car manufacturing unit. The plant is expected to go into production within 18 months.

Ford announces plans to utilize its Chennai manufacturing plant for vehicle exports, aiming to leverage Tamil Nadu's expertise for global markets. The move follows a meeting with Tamil Nadu Chief...

India's auto component industry grew by 9.8% to Rs 6.14 lakh crore in FY24, driven by domestic and export growth, as per ACMA. The industry saw a trade surplus of USD 300 million.

India and Australia are collaborating to enhance critical mineral production, processing, and battery manufacturing as part of their broader trade partnership.

Tesla shares tumble below $150, erasing all gains from the past year amid falling sales and price cuts. The company faces a turbulent period with job cuts, executive departures, and uncertainty...

Tata Motors plans to commence production of electric vehicles at its Sanand plant, acquired from Ford India, starting April 2023. The company will produce the Nexon EV and is looking to expand its...

Maruti Suzuki India to invest Rs 35,000 crore for a new manufacturing facility in Gujarat, boosting annual production capacity to over 40 lakh units by 2030-31.

Vietnamese automaker VinFast plans to build a USD 2 billion electric vehicle factory in India, its first foray into the market. The factory will be located in Tamil Nadu and will have a capacity of...

Vietnam's VinFast will invest $2 billion in Tamil Nadu to build an integrated electric vehicle manufacturing facility, creating 3,500 jobs and boosting economic growth in the region.

Sensex drops on profit-taking, RBI proposes dividend for banks with low NPAs, Rupee weakens against US dollar. Get the latest business updates here.

Maruti Suzuki India's total vehicle production declined by 2.96% in December 2023, reaching 1,21,028 units. The company attributed the drop to a reduction in production to manage inventory levels.

Maruti Suzuki India's total production declined by 3% to 1,47,763 units in November, with entry-level car production down significantly. Utility vehicle production, however, saw an increase.