VW keeps options open for Polo revival in India | TaMo proposes hydrogen-ICE inclusion in PLI | 'India key to Hyundai's plans of selling 2 mn EVs'

Wednesday, March 5, 2025

Top Stories
	Volkswagen keeps options open for Polo brand revival in India
	Tata Motors proposes hydrogen-ICE inclusion in PLI scheme
	'India key to Hyundai's plans of selling two million EVs globally by 2030'
	Gadkari calls for innovative solutions to lower hydrogen fuel station costs
	Two-wheeler financiers go slow on loans as defaults inch up
	Hero MotoCorp loses top spot, TVS is second
	Auto component industry targets $100 bn from exports in next 7-8 years: Study
	Ola Electric receives letter from IFCI for missing out on PLI milestones
	IN-SPACe proposes tech consortium to steer auto industry towards ISRO's sensors
	Tesla's China-made EV sales fall to lowest since August 2022

	No Tax on US-made cars: Donald Trump highlights India's auto tariffs amid new tax proposal Mint
	RIL faces $2.81 bn demand from Oil Ministry in KG gas migration dispute case BusinessLine
	Trump tariffs set to raise US auto industry's costs by $61 bn Nikkei Asia
	Sri Lanka resumes car imports to stimulate economy, collect duty Nikkei Asia
	Toyota touts race tickets, e-money in first shareholder perks Nikkei Asia
	Canada's investment chief calls for battery supply chain with Japan Nikkei Asia
	Tariffs could 'wipe out' Detroit 3 profits, disrupt virtually all automakers Autonews.com
	Trudeau says Canada 'will not back down' from tariff fight as country's auto sector holds its breath Autonews.com

Auto Technology
	Microchip Technology to cut 2,000 jobs as automotive demand wilts
	British self driving startup Wayve enters Germany with new testing and development hub
	GM hires Chief AI Officer for new role

Passenger Vehicle
	Hyundai Motor aims to sell 2 million EVs by 2030; eyes India as global manufacturing hub
	Honda Cars India reaches 50,000 ADAS-enabled vehicles milestone
	Kia India flags off first double decker freight train to boost SUV transportation efficiency
	BYD raises $5.59 billion in share sale, Hong Kong's largest in four years
	Kia global sales rise 4.5% to 2.53 lakh units in February 2025
	Toyota aims for consistent return on equity, finance executive says
	Stellantis welcomes EU move to soften car emission targets
	EU seeks to grant automakers 'breathing space' on CO2 emission targets
	Autonomous Maserati MC20 Coupe reaches record speed of 318kmph
	Qatar firm exploring potential $1 bn investment in VinFast: Vingroup
	Xiaomi's president says he hopes company will sell cars overseas from 2027: Report

Auto Components
	Reliance Industries seeks extension for EV battery plant setup

Tyres
	Apollo Tyres honours rural women entrepreneurs

Industry
	Hopeful that India will be able to meet demand for lithium internally in 3-4 years: Reddy
	India's April-January finished steel imports from S.Korea, China, Japan hit record high
	India's steel industry contemplates potential fallout from Trump administration tariffs