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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
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Elon Musk's Tesla Signs Lease Deal To Open First Showroom In Mumbai
US electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India, registration papers show, after it dropped similar plans last year.
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India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
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Carmakers in India Plan EV Onslaught in 2025 Despite Slowing Global Demand
Indian automakers plan to launch close to a dozen new electric car models this year. Electric cars will take centre stage at India's five-day auto show in New Delhi starting Friday.
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Maruti Suzuki Has Exported More Than 30 Lakh Cars From India
India largest carmaker with a 40 per cent market share clocked its highest ever monthly exports of 33,168 units in October 2024
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2024 Audi Q7 Bookings Opens In India, Launch On Nov 28: Details
The updated Audi Q7 will launch in India by the end of this month, and the carmaker has started accepting bookings for the SUV.
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India To Be Production Hub For Emerging Markets For Hyundai: Unsoo Kim
Hyundai, the country's second-largest carmaker, has drawn up ambitious expansion plans for making India a production hub that will also cater to the rising export demand for its vehicles in the emerging mark
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Tata Tiago EV Surpasses Milestone of 50,000 Units Delivery Since Launch
Indian carmaker, Tata launched Tata Tiago EV in September 2022. India’s one of the safest and most reliable hatchbacks recently crossed 50,000 units delivery.
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Hyundai's $3 Billion IPO, India's Largest Ever, To Open Next Week
The Indian unit of the Korean carmaker is reportedly offering a discount of Rs 186 per share to eligible employees in the IPO.
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Hyundai Takes Second Spot In Monthly Sales For Sept'24, Sold 64,201Units
Hyundai secures the position of second largest carmaker in the country with a cumulative monthly sales of 64,201 cars in September this year.
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Ford Motor Explores Renewing 3-Decade Partnership With Tamil Nadu
Ford Motor held talks with Tamil Nadu to explore producing vehicles for export, chief minister MK Stalin said, potentially signalling that the US carmaker could restart production in India after exiting the country three years ago.
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Hyundai India Sells 64,563 Cars In June, Retains Second-Largest Carmaker Position
Hyundai's July 2024 sales reached 64,563 units, securing its position as India's second-largest carmaker.
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2024 BMW 5-Series LWB Bookings Open Tomorrow, Launch On July 24: Design, Features, Specs, Price
The new-gen BMW 5-Series LWB will be launched in the country on July 24, however, the carmaker will start accepting preorders from tomorrow itself.
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Tata Motors To Launch 4 New EVs In India by FY26: Curvv EV To Sierra EV
Tata Motors is betting big on EVs, and the carmaker will roll out a total of four new electric cars in the country by FY26.
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Mercedes-Benz To Invest $360 Million In Maharashtra, Says Minister
German carmaker Mercedes-Benz will invest 30 billion rupees ($360 million) in the Indian state of Maharashtra, the state's Industries minister Uday Samant said in a post on X on Thursday.
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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
-
Elon Musk's Tesla Signs Lease Deal To Open First Showroom In Mumbai
US electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India, registration papers show, after it dropped similar plans last year.
-
India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
-
Carmakers in India Plan EV Onslaught in 2025 Despite Slowing Global Demand
Indian automakers plan to launch close to a dozen new electric car models this year. Electric cars will take centre stage at India's five-day auto show in New Delhi starting Friday.
-
Maruti Suzuki Has Exported More Than 30 Lakh Cars From India
India largest carmaker with a 40 per cent market share clocked its highest ever monthly exports of 33,168 units in October 2024
-
2024 Audi Q7 Bookings Opens In India, Launch On Nov 28: Details
The updated Audi Q7 will launch in India by the end of this month, and the carmaker has started accepting bookings for the SUV.
-
India To Be Production Hub For Emerging Markets For Hyundai: Unsoo Kim
Hyundai, the country's second-largest carmaker, has drawn up ambitious expansion plans for making India a production hub that will also cater to the rising export demand for its vehicles in the emerging mark
-
Tata Tiago EV Surpasses Milestone of 50,000 Units Delivery Since Launch
Indian carmaker, Tata launched Tata Tiago EV in September 2022. India’s one of the safest and most reliable hatchbacks recently crossed 50,000 units delivery.
-
Hyundai's $3 Billion IPO, India's Largest Ever, To Open Next Week
The Indian unit of the Korean carmaker is reportedly offering a discount of Rs 186 per share to eligible employees in the IPO.
-
Hyundai Takes Second Spot In Monthly Sales For Sept'24, Sold 64,201Units
Hyundai secures the position of second largest carmaker in the country with a cumulative monthly sales of 64,201 cars in September this year.
-
Ford Motor Explores Renewing 3-Decade Partnership With Tamil Nadu
Ford Motor held talks with Tamil Nadu to explore producing vehicles for export, chief minister MK Stalin said, potentially signalling that the US carmaker could restart production in India after exiting the country three years ago.
-
Hyundai India Sells 64,563 Cars In June, Retains Second-Largest Carmaker Position
Hyundai's July 2024 sales reached 64,563 units, securing its position as India's second-largest carmaker.
-
2024 BMW 5-Series LWB Bookings Open Tomorrow, Launch On July 24: Design, Features, Specs, Price
The new-gen BMW 5-Series LWB will be launched in the country on July 24, however, the carmaker will start accepting preorders from tomorrow itself.
-
Tata Motors To Launch 4 New EVs In India by FY26: Curvv EV To Sierra EV
Tata Motors is betting big on EVs, and the carmaker will roll out a total of four new electric cars in the country by FY26.
-
Mercedes-Benz To Invest $360 Million In Maharashtra, Says Minister
German carmaker Mercedes-Benz will invest 30 billion rupees ($360 million) in the Indian state of Maharashtra, the state's Industries minister Uday Samant said in a post on X on Thursday.
