Industry News

PTI Published On Feb 2, 2026 at 03:32 PM IST The governments focus on rare earth permanent magnet corridors will significantly strengthen domestic supply chains critical for EVs, aerospace and…

Reuters Updated On Feb 2, 2026 at 03:23 PM IST While car production declined 8% ‌to 717,371 units, commercial vehicle output plunged 62.3% to 47,344 units. British vehicle production tumbled…

Currently, electric vehicles account for around 5-6 per cent of total sales in the two-wheeler segment and about 3-4 per cent in passenger vehicles. The three-time increase in allocation for…

Sales of electric cars rose 28 percent during the month, but have not eased the industrys concerns. French car sales in January fell 6.5 percent against the same month last…

PTI Published On Feb 2, 2026 at 02:00 PM IST The circular had also warned that violators would be liable to a fine of ₹10,000 and strictly prohibited the use…

Amid the severe traffic congestion caused by ongoing flyover construction in Hubballi, unauthorised bus stoppages have emerged as an additional burden, worsening delays and disrupting smooth vehicular movement across key…

Reuters Published On Feb 2, 2026 at 12:06 PM IST South Korean ‍automaker Hyundai Motor did not exercise a buyback option ⁠for its former manufacturing plant in Russia, the company…

Budget 2026 marks a decisive shift in India’s Auto and EV landscape by lowering battery input costs, deepening semiconductor capability, and advancing cleaner logistics, all while aligning with the climate…

Electric vehicle sales reached 37,756 units, an increase of 50 per cent over 25,195 units in the same month last year. “>Electric vehicle sales reached 37,756 units, an increase of…

The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Union Budget 2026–27, saying its strong emphasis on manufacturing, infrastructure and electric mobility will provide long-term support to the automotive…