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EVs Smash Records in July With 330,000 Units Sold

autherAjit Dalvi     calendar07 Aug 2026

Selling 10,640 EVs each day, July 2026 was the best-ever month for India EV Inc. While the e-2W and e-CV segments posted best-ever monthly sales, e-PVs and e-3Ws registered their second highest retails. With 1.89 million EVs sold in January...

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SIAM Tax Conference Focuses on AI, GST Reforms and Future Tax Framework for Auto Industry News
SIAM Tax Conference Focuses on AI, GST Reforms and Future Tax Framework for Auto Industry

By Eshisha Java calendar07 Aug 2026

SIAM's third Automotive Taxation Conference discussed tax policy reforms, AI-driven compliance, GST evolution, transfe...

IndiaRF Acquires Majority Stake in Ashok Iron Works' Casting and Machining Business News
IndiaRF Acquires Majority Stake in Ashok Iron Works' Casting and Machining Business

By Eshisha Java calendar07 Aug 2026

The investment platform has acquired a controlling stake in Fine Edge Engineering, the Ashok Iron Works unit that manu...

Maruti Grand Vitara crosses 400,000 sales, second Nexa SUV after Fronx to hit milestone Analysis Sales
Maruti Grand Vitara crosses 400,000 sales, second Nexa SUV after Fronx to hit milestone

autherAjit Dalvi calendar07 Aug 2026

Launched in September 2022, the Maruti Grand Vitara has taken 46 months to become the second Nexa SUV after the Fronx ...

BKT Flags Further Margin Pressure as Raw-Material Costs Rise News
BKT Flags Further Margin Pressure as Raw-Material Costs Rise

autherDarshan Nakhwa calendar06 Aug 2026

The tyre maker says higher input costs could affect margins by around 2% in the coming quarter; Q1 EBITDA margin contr...

ASK Automotive Revises FY27 Revenue Forecast Upwards News
ASK Automotive Revises FY27 Revenue Forecast Upwards

autherKiran Murali calendar06 Aug 2026

The auto parts maker now expects its revenue to grow in high teens during the year.

Cabinet Approves Rs 23,731 Crore GOBARdhan Scheme for Compressed Biogas News
Cabinet Approves Rs 23,731 Crore GOBARdhan Scheme for Compressed Biogas

autherAutocar Professional Bureau calendar06 Aug 2026

National initiative targets ten-fold growth in domestic clean gas production through guaranteed pricing, capital grant...

Vision 2030: Motherson Maps a Five-Fold Leap, and a Future Beyond Cars News
Vision 2030: Motherson Maps a Five-Fold Leap, and a Future Beyond Cars

autherShahkar Abidi calendar06 Aug 2026

Auto component giant targets gross revenue of $108 billion, 40% ROCE, and non-automotive expansion under its Vision 20...

Audi Targets 90-95 Percent Local Assembly in India News
Audi Targets 90-95 Percent Local Assembly in India

By Hormazd Sorabjee and Ketan Thakkar calendar06 Aug 2026

Q9 and larger petrol engine under evaluation for local assembly; imports to focus on niche and performance models.

EKA Mobility Appoints Prashant Kumar Banerjee as Group Head of Government and Corporate Affairs News
EKA Mobility Appoints Prashant Kumar Banerjee as Group Head of Government and Corporate Affairs

autherDev Vadchhedia calendar06 Aug 2026

Former SIAM Executive Director joins commercial EV manufacturer to drive policy advocacy, public policy, and corporate...