Browsing: Passenger Vehicles

Volvo Cars has begun shifting the production of its electric vehicles (EVs) from China to Belgium, anticipating a potential crackdown by the European Union on imports subsidized by Beijing, according to a report on Saturday.

Commenting on the launch of Tata Altroz Racer, Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd., said, “Strengthening the Altroz line up, we are excited to launch the Altroz Racer – a car that is engineered to bring excitement to one’s everyday drive. Its high power output combined with segment leading features and a tech first approach, make the Racer desirable for the new gen customers who are connected, fashion forward and want to drive a car that makes them stand out.”

Rajesh Dahiya, Vice President of Sales and Service at Apollo Tyres Ltd, commented on the expansion: “With the ‘YOLO’ generation driving the growth in the premium and luxury SUV segment in India, this is the right time for us to expand the Vredestein range catering to these segments. The designer and ultra-high performance tyres from Vredestein will accentuate the vehicle’s appearance, which is considered an extension of the lifestyle of young professionals.”

Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, “This partnership is a step towards providing innovative financial products to Maruti Suzuki’s extensive dealer network across the country in line with their growing business needs. We are elated about this milestone as DBS Bank India joins hands with Maruti Suzuki for assisting our dealer partners with inventory financing solutions.”

Idemitsu Kosan Co., Ltd., ENEOS Corporation, Toyota Motor Corporation, and Mitsubishi Heavy Industries, Ltd. have commenced a study toward the introduction and spread of carbon-neutral fuels that contribute to the decarbonization of automobiles to realize a carbon-neutral society.

Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicle Business at BYD India, stated: “The BYD SEAL’s strong reception in India underscores the growing demand for premium electric vehicles that offer a seamless blend of performance, sustainability, style, and value. We are confident that the BYD SEAL represents another step in our commitment to accelerating a cleaner and greener future for India.”

JLR India has announced the commencement of local assembly for its flagship models, the Range Rover and Range Rover Sport, in India. These SUVs will be produced at the company’s facility in Pune, Maharashtra.

Nissan Motor Co., Ltd. announced today that it will use low CO2 emission aluminium parts made from green or recycled aluminium in new and current models from the fiscal year 2024 onward and aims to complete the full transition to such parts by 2030.

Mitsubishi Electric Corporation, Mitsubishi Electric Mobility Corporation and AISIN CORPORATION announced the three companies have reached a basic agreement to establish a joint venture company to handle products for next-generation electric vehicles.

Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, announced the launch of the new AX5 Select (AX5 S) variant for the XUV700, starting at ₹16.89 Lakh (ex-showroom). This new variant aims to make luxury accessible to a wider audience by offering premium features at an attractive price point.