Browsing: Market Updates
Honda announced that it has begun joint research on AI technologies with the Indian Institutes of Technology, more specifically, Indian Institute of Technology Delhi and Indian Institute of Technology Bombay, to further advance Honda CI, the original Honda AI that enables mutual understanding between machines and people.
Notably, the company said on Tuesday that its first electric vehicle will include a 60kWh battery and a range of over 500 km. Additionally, the business intends to export its first EV to markets outside of Japan and Europe.
India’s LECCS standard and OCPP2.LITE protocol streamlines charging for electric two and three-wheelers, fostering an interoperable network and positioning India as a global leader in EV technology, writes Vignesh Reviraj, Head of Product– Ecosystem, Ather Energy, India.
Citing local industry statistics, Kia, a South Korean automobile brand, announced on Tuesday that it has placed number one among automotive companies operating in India in terms of total customer experience.
The Indian automotive industry has crossed Rs 20 lakh crore mark in FY24 and now contributes 14-15 per cent of the total GST collected in the country, Siam President Vinod Aggarwal said on Monday.
Volkswagen’s Skoda sees an opportunity to offer hybrid vehicles in India in order to broaden customer fuel options and reduce emissions
SUVs are now selling the most in India; hatchbacks are losing ground to these vehicles in terms of sales. Following this pattern, with sales of close to 20,000 units in August 2024, the Maruti Brezza soared to the top of the list.
JIDU Auto unveiled its all-new V2.0 software at an AI driving conference themed “Evolution: AI Reshaping Intelligent Driving” in Chengdu. The newly launched software will debut on the JIDU 07 model.
Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, unveiled its pioneering GARUD 15M bus chassis at Prawaas 4.0, organized by Bus & Car Operators Confederation of India).
Kubota Escorts, the renowned tractor manufacturer, has revealed an ambitious plan to establish a state-of-the-art greenfield manufacturing facility in Uttar Pradesh. This development marks a significant expansion of the company’s production capabilities, aligning with its future growth objectives.