Indian Automotive Sector

Royal Enfield unveiled the Super Meteor at EICMA-22


Hunter (HNTR in West) was also released in international markets:


Lookers, both of them...

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Skoda to exit Chinese car market to focus on India​

The Czech automobile manufacturer owned by the Volkswagen group has been reported to be exiting the Chinese market in the forthcoming period. According to reports, due to fierce competition in China, the largest auto market in the world, Skoda is presently considering leaving the country entirely. Such a move would enable Skoda to concentrate on other, more lucrative regions while assisting Volkswagen Group in enhancing the main Volkswagen brand’s presence in China.

While speaking to Automobilwoche, a print publication focusing on the German automotive industry, Klaus Zellmer, Skoda’s CEO, said,

The competition is very intense there, so we will consider, together with our Chinese joint venture partner, how we want to proceed. If we want to focus our energy, it’s worth checking all scenarios and then deciding.
Also read: Skoda celebrates sedans with new TVC for Slavia
 
Ola Electric saw a 20x growth in 2022 as the number of two-wheeler EVs manufactured by the company reached 80,000 units towards the end the year from 4,000 units in June 2021 . became the largest seller of e-scooters this year after it breached the 20,000-mark in October and November, according to the Vahan portal. in just 15 months, they have managed to sell about 1.5 lakh EV units . In 2023, they will commission cell manufacturing plant with a 5GWh capacity by the end of year with an ambition to install 100GWh over the course of this decade.



plan to buy 1500 acres in TN for EV factory.