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Ola Electric has applied for certification to claim incentives under the government's production-linked incentive (PLI) scheme, becoming the third auto company eligible for subsidies after Tata Motors and Mahindra & Mahindra, a senior industry executive aware of the development said. All three are eligible to claim subsidies under the ₹25,938 crore-PLI scheme for auto and auto parts makers floated by the ministry of heavy industries (MHI) to promote local manufacturing. «It (certification for Ola Electric) is in process. Three Indian companies have so far applied for certification (to Automotive Research Association of India or ARAI) under PLI Auto.

Union Minister Nitin Gadkari is all set to launch the Bharat New Car Assessment Programme today at New Delhi. The intiative aims to highlight the government's commitment towards improving road safety by increasing the awareness around safety standards of motor vehicles of up to 3.5 tonnes.

Lithium producer Allkem’s profit soared to a record as its shareholders prepare to vote on a merger with downstream processing specialist Livent later this year.

global market, increasing the export potential of car manufacturers in India. 4) Earlier in June, Nitin Gadkari said that the government is spending about ₹40,000 crore for removing "black spots" on roads. He also talked about the positive ripple effect of investment in infrastructure saying it creates jobs, ANI reported.

India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed on Monday. Assistance systems (ADAS) rapidly expanded by 350 per cent (year-on-year) and the adoption of connected and digital cockpit features continue to gain steady traction in passenger vehicles, surpassing 60 per cent, according to the report by CyberMedia Research (CMR). The surge in EV adoption was driven by the introduction of new affordable models, including, for instance, MG Comet EV from MG Motors.

industrial heartland (see map). The shifting of American factories has been years in the making. When Japanese and German carmakers started production in America in the 1980s and 1990s, most chose the South.

Gloster, for the second time in three months. The latest price increase, effective this month, has made these SUVs more expensive by as much as ₹78,000, varying based on the chosen model and variant, reported HT Auto. This new hike surpasses the previous increase implemented by MG Motor in May of this year.

Also Read: Toyota to launch a Maruti Fronx-based SUV? Here’s what report says Moreover, the automaker said that it is "currently preparing the remedy parts for this recall".Customers will receive free installation of protective materials and a clamp on the fuel tube as a temporary measure until the final remedy parts are available. Toyota further noted that it will notify affected owners about this issue by early October 2023.

Maruti Suzuki Ertiga-based Rumion MPV in the country, Toyota is now planning to launch a Maruti Suzuki Fronx-based SUV. A report from TeamBHP reveals that Toyota Kirloskar Motor has secured the 'Urban Cruiser Taisor' trademark in India, hinting at the development of a new SUV. The Urban Cruiser name has previously been linked to the Maruti Suzuki Vitara Brezza-based Toyota sub-4m SUV, while the suffix is also utilized by the Toyota Urban Cruiser Hyryder.

By Stefanno Sulaiman

Toyota has introduced the new Rumion MPV in India, which is based on the Maruti Suzuki Ertiga platform. The pricing details and booking information for the Rumion will be announced soon. This marks the fourth instance of badge-engineering collaboration between the two auto manufacturers, expanding Toyota's MPV range to encompass the entry-level Rumion, followed by the premium Innova Crysta, Innova Hycross, and the Vellfire.

Toyota Kirloskar Motor (TKM) on Thursday announced the launch of All New Toyota Rumion, a new compact MPV to boost Toyota’s presence in the market, said the automaker through its statement. The company lists features such as the K series 1.5-litre Petrol engine with Neo Drive (ISG) technology and E-CNG with fuel efficiency of 20.51 km/l for the Petrol variant and 26.11 km/kg for CNG variant of its new model. The All New Toyota Rumion will be available in six variants of S MT/AT, G MT, and V MT/AT, S MT CNG offering a wide range of options for customers, said the company in its statement. The automaker said the new compact MPV will offer customers with a choice between a 5-speed manual transmission and a smooth 6-speed automatic transmission, providing a seamless driving experience for both manual and automatic enthusiasts. Equipped with Toyota i-Connect, it offers remote control of climate, lock/unlock, hazard lights, and headlights and many more.

hybrid cars ahead of schedule in China, Uchida said. The competitiveness of this new lineup “will be the determinant of our survival," he said, adding that 2024 is the year Nissan will be carefully monitoring. Honda Motor’s finance head, Masaharu Hirose, said on Wednesday that competition in the Chinese electrified-vehicle market was making it more difficult for Honda to achieve its previously announced goal of selling 1.4 million vehicles in the country this year.

Lionel Messi, who is one of the all-time greats of the game and has won Ballon d’Or seven times, has numerous fans worldwide. His recent performance in a match in the League Cup seems to have resulted in a brawl among fans.

GUD Holdings will become a pure-play automotive products company with the $65 million sale of pumps company Davey Water Products, as the tow bar, oil filter and trailer parts group positions itself for the rise of electric vehicles.

Toyota India has launched the all-new 2023 model of its Toyota Vellfire MPV in India. Coming with a starting price of ₹1.19 crore (ex-showroom), the company has introduced two variants of the MPV – Hi Grade and VIP Grade. The 2023 Toyota Vellfire comes with multiple upgrades like fresh exterior styling and new interior options.

On Wednesday, Toyota revealed the initial hybrid edition of the Land Cruiser, which is intended for release in North America and other significant markets. The company aims to reestablish the prominence of this high-margin and iconic sports utility vehicle. As per Reuters, the car manufacturer has announced that it will manufacture the latest version of the brand, which has its origins dating back to 1951, along with a smaller recently unveiled version.

Toyota Motor is bringing a long-running icon of off-roading back to the U.S. At an event in Tokyo on Wednesday, Toyota showed off a new Land Cruiser, reminiscent of boxy pre-2000s versions of the sport-utility vehicle. The company said it plans to bring the new vehicle to the U.S.

₹19.99 lakh (ex-showroom), available in five colors and three variants. Notably, the top-spec ZX variant of the Toyota Innova Crysta now reflects a ₹37,000 hike, resulting in a new ex-showroom price of ₹26.05 lakh. Similarly, the VX variant in both seven-seat and eight-seat configurations has seen a price revision of ₹35,000, leading to a new price range of ₹24.39 lakh to ₹24.44 lakh (all prices, ex-showroom).

Toyota’s profit for the first fiscal quarter jumped to 1.3 trillion yen, or $9 billion, hitting a quarterly record for Japan’s top automaker

The Toyota GR Cup, a North American racing series held by Toyota Gazoo Racing, recently announced it will start awarding digital trophies and record driver performances on the Polygon blockchain.