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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

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According to the Society of Indian Automobile Manufacturers, domestic two-wheeler sales in 2021-22 were 1,34,66,412 units, three-wheeler sales were 2,60,995 units, and overall vehicle sales across categories were 1,75,13,596 units (SIAM). There are extremely large collateral and insurance rates that must be reduced” Kant added.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

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The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. Tempo is a manufacturer of complex automotive components, serving automotive OEMs worldwide.

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Indian market has now witnessed some decent growth in the EV industry in FY20-21. The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing all major vehicle & vehicular engine manufacturers in India. It has announced the sales of the automobile industry for May 2021.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

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Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. To date, manufacturers have rolled out more than 2 dozen models in the three ZEV categories.

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