CNG price cut to help grow share in PV market to 18% in FY2027: ICRA

autherAutocar Pro News Desk     calendar13 Apr 2023

While petrol-engined passenger vehicles are expected to expand their share to 68%, EVs and hybrids to 2% of the overall market, the 9% CNG price reduction should help accelerate demand over the next five years.


Top ministers, 75 MPs and MLAs bat to reinstate workers at GM Talegaon plant after Hyundai takeover

By Amit Vijay M calendar12 Apr 2023

Two Central and State ministers along with 75 Members of Parliament and Maharashtra Legislative Assembly representativ...

Apollo Tyres develops car and SUV tyres with 75% sustainable materials

autherAutocar Pro News Desk calendar11 Apr 2023

High-performance Apollo Amperion for EVs and ultra-high performance Apollo Aspire 4G+ use bio-based and recycled mater...

Brakes India opens TVS Girling’s 100th Qik brake service centre in Pune

autherAutocar Pro News Desk calendar11 Apr 2023

Qik Brake Service facilities, where trained brake technicians conduct intensive safety-critical checks and parts repla...

Renault Nissan India targets output of 350,000 units by 2026, new midsize SUVs coming in 2025

By Ketan Thakkar  calendar11 Apr 2023

Renault and Nissan have begun work on B+ and C-segment SUVs which will roll out of RNAIPL's plant in Oragadam, Tamil N...

Euler Motors launches electric cargo three-wheeler with 170km range

autherAutocar Pro News Desk calendar11 Apr 2023

New HiLoad EV 2023, equipped with a 13 kWh battery pack, claimed to deliver 30% more earnings than any other cargo ele...

Bajaj Auto takes charge of Triumph India dealer network, plans expansion to 120 cities

autherAutocar Pro News Desk calendar10 Apr 2023

Triumph Motorcycles transfers its distribution operations within India to Bajaj Auto ahead of launch of new co-develop...

Exclusive: Royal Enfield plots new factory in Tamil Nadu, revs up for global ride and EV foray

By Ketan Thakkar calendar10 Apr 2023

Midsize motorcycle major has acquired a 60-acre land parcel in Cheyyar, on the outskirts of Chennai to be ready for fu...

Construction equipment industry grows by 25% in FY2023, could rise 15-20% in FY2024

By Shahkar Abidi calendar10 Apr 2023

Speedy road and infrastructure development across the country, driven by the massive governmental spend as well as pri...

CNG price slashed by Rs 8 per kg, brings cheer to motorists and industry

By Ajit Dalvi calendar08 Apr 2023

Following the government’s decision to revise pricing methodology of domestically produced natural gas, CNG price sees...