Hero Electric sees rise in demand for EVs post-Covid-19 lockdown

Hero Electric, one of the leading electric two- and three-wheeler maker, says with more and more Indians adopting the social distancing norms, the private vehicle sector is poised to witness a signifi...
Read More

How the SUV and passenger vehicle markets will pan out after the lockdown

Looking back at the last four weeks I am absolutely stunned.A microscopic ‘bug’ has brought the sovereign species on this planet, to a standstill.It has affected over 2.6 million people, killing o...
Read More

Hero MotoCorp sells 10,000 units since reopening last week

NEW DELHI: Hero MotoCorp sold over 10,000 units of two-wheelers since commencing vehicle dispatches on May 7, the company announced on Sunday. Retail operations have begun at 1,500 customer touch-poi...
Read More

EVs will be cheaper than combustion vehicles in 3 years: Amitabh Kant

Electric vehicles will become cheaper than combustion vehicles in three years as the price of battery packs of EVs is expected to fall by almost 51 per cent per unit, NITI Aayog CEO Amitabh Kant said ...
Read More

Goldman Sachs Predicts $51 Oil In 2021

Goldman Sachs raised its estimate for WTI Crude prices in 2021 to $51.38 per barrel from $48.50, expecting a gradual recovery in global oil demand and production cuts from OPEC+ and shut-ins elsewhe...
Read More

Hyundai India rolls out 200 cars on first day of production restart

Hyundai Motor India Has Announced That It Produced 200 Cars On May 8, The First Day Of Production Restart At Its Integrated Plant At Sriperumbudur, Chennai. The Korean Carmaker Says It Has Ensured Com...
Read More

In a first,auto firms post nil sales in Apr

Mumbai : Indian automakers have for the first time reported zero local sales in April as factories and dealerships across the country remained shut to comply with a stringent lockdown. For comparison,...
Read More

BS-VI norms in but India needs auto-LPG to curb vehicular emissions: Autogas suppliers' body

New Delhi: India's shift to improved vehicle emission standards in BS-VI compliant petrol and diesel would have a positive impact on air quality but the improvement will be almost immediate if the...
Read More

COVID-19 lockdown impact: Auto component industry takes a hit of Rs 1000-1200 crore each day

New Delhi: Due to 21-day nationwide lockdown in the wake of coronavirus outbreak, the domestic auto component industry is suffering a loss of around Rs 1,200 crore per day, the industry body Automot...
Read More

Shell cuts dividend for first time since World War Two

LONDON: Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of an unprecedented drop in oil demand due to the coronavir...
Read More