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Luxury car sales touched 51K units for first time in 2024

Gadkari said that when he took charge of the minister, the size of the industry was Rs 7.5 trillion and today its size is Rs 22 trillion

Global wholesales of Tata Motors' commercial vehicles, including the Tata Daewoo range, reached 97,535 units, reflecting a decline of 1 per cent compared to Q3 FY24

The outstanding growth in China in a largely stalling global EV landscape bode well for local leaders such as BYD , Geely and Xiaomi

The move comes in the aftermath of the pandemic that exposed vulnerabilities in the global supply chains, including India's semiconductor sector

This positive trend comes after consecutive years of decline, with exports falling by 26 per cent in FY23 and 17 per cent in FY24

There is a disparity in the tax structure of batteries, GST for lithium-ion batteries is 18%, but other chemistries, like lead acid, sodium, and flow batteries and others, are at 28%

Engineered to redefine clean mobility, the platform is available in three variants: Diplos Max, Diplos Pro and Diplos I-Pro

The service initially covers key areas such as Goregaon, Bandra, and the Bandra Kurla Complex (BKC), with plans for further citywide expansion

Pricing the new variants aggressively at Rs 26.9 lakh (BE6) and Rs 30.5 lakh (XEV 9e), the company compared them with global EVs such as Tesla, BMW, and others

Sales of two wheelers dipped by 18 per cent, passenger vehicles by 2 per cent and commercial vehicles (CV) by 5.2 per cent

Statiq will be displaying its newly launched compact, quick, and convenient charging solution for electric vehicles at the Bharat Mobility Show 2025

Ministry of Petroleum and Natural Gas (MoPNG) along with other key ministries also endorse the proposal

Two-wheeler growth was driven by better supply, new models, and strong rural demand, though finance constraints and rising EV competition posed challenges

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

Three of the top five best-selling cars in 2024 were SUVs.

Subsidy to support 72,300 fast charging stations across the country

According to a recent CRISIL report, while replacement demand will provide some support, export growth is expected to taper compared to the previous year

According to data available with BS, the number of rakes handled by Railways for the automotive sector between April, December of FY25 stood at 5,651 units, up from 5,198 rakes in FY24

E-bus penetration witnesses minuscule increase last year despite subsidies