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E-Truck Adoption Set to Rise with PM e-DRIVE for Electric Trucks, Says ICRA

autherShruti Shiraguppi     calendar25 Jul 2025

On July 10, 2025, the Ministry of Heavy Industries (MHI) notified the roll-out of PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) for electric trucks (e-trucks) with a view to promoting electric mobility in the t...

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Bajaj Auto Faces EV Production Halt in August Amid Rare Earth Shortage: Reports

autherAutocar Professional Bureau calendar25 Jul 2025

Bajaj Auto warns of zero EV output in August amid rare earth magnet crunch. Supply chain disruption threatens festive ...

India-UK FTA to cut import duty on ICE cars to 10% in 5 years

By Kiran Murali calendar24 Jul 2025

In the first year, the base rate of customs duty on the import of petrol cars with engines exceeding 3000cc and diesel...

India-UK FTA: No Duty Cut For Lower Priced Electric, Hybrid Cars

autherKiran Murali calendar24 Jul 2025

The agreement has introduced gradual duty reductions for alternative fuel vehicles priced above £40,000 (around Rs 44 ...

ICEMA Q1 FY26 Sales Report: Domestic CE Sales Down Nearly 5% YoY; Exports Rise Over 34%

autherSarthak Mahajan calendar24 Jul 2025

Muted demand across key sectors impacts Q1 FY26 performance; exports offer some relief as industry calls for improved ...

Aether Industries Posts Rs 259 Cr Revenue in Q1 FY26, Up 35% YoY

autherSarthak Mahajan calendar24 Jul 2025

PAT rises 57% to Rs 47 Cr, while EBITDA nearly doubles; new capacity expansion and long-term contract with Milliken st...

India Maintains Second-Highest Consumer Sentiment Score Globally in July 2025

autherShruti Shiraguppi calendar24 Jul 2025

Consumer sentiment rises 1.8 percentage points despite global uncertainty, according to LSEG-Ipsos Primary Consumer Se...

India-UK Sign FTA to Help Boost Auto and Clean Tech Trade Ties

autherPrerna Lidhoo calendar24 Jul 2025

For the automotive sector, the FTA is expected to significantly boost bilateral trade and investment flows.

Spyne Launches Vinnie, India’s First AI Assistant for Used Car Retail

autherSarthak Mahajan calendar24 Jul 2025

New AI solution aims to automate dealership communication, streamline lead handling, and improve customer engagement t...

Piaggio Vehicles Launches Apé E-City Ultra and FX Maxx Electric Three-Wheelers in India

autherSarthak Mahajan calendar24 Jul 2025

Piaggio introduces two new electric three-wheelers with improved range, battery technology, and urban mobility feature...