Hyundai Grand i10 NIOS Corporate Edition Launched in India; From Price to Specifications and Features Know Everything About New Grand i10 NIOS

New Delhi, April 11: Automaker Hyundai Motor on Thursday launched the corporate edition of the ‘Grand i10 NIOS’ at an introductory price of Rs 6,93,200 in India.

The new vehicle comes available in seven colours — Atlas White, Typhoon Silver, Titan Grey, Teal Blue, Fiery Red, Spark Green, and the newly added Amazon Grey. “The ‘corporate variant’ will offer peace of mind with affordable cost of ownership, backed by Hyundai Motor India’s robust warranty package and nationwide service backing,” Tarun Garg, COO, Hyundai Motor India, said in a statement. MG Hector Black Storm Edition Launched in India; Check Price Details and Know What’s New in MG SUV.

According to the company, the new car offers best-in-class safety, including six airbags as standard and various features, including a 17.14 cm touchscreen display audio. The Grand i10 NIOS comes powered by a 1.2-litre naturally aspirated petrol engine. It offers features like auto up-down for the driver window, rear AC vents, fast USB Type C charger, passenger vanity mirror, rear power outlet and others. Maruti Suzuki Cars Price Hike: Swift Price Raised by Rs 25,000, Grand Vitara Gets Costlier; Effective From April 10.

The 17.14 cm touchscreen infotainment system comes with four speakers with USB and Bluetooth connectivity. For safety, the car offers various features such as a tyre pressure monitoring system, airbags, seat belt reminders, day and night inside rear-view mirror (IRVM), anti-lock braking system (ABS), central locking and impact sensing door unlock.

(The above story first appeared on LatestLY on Apr 11, 2024 02:52 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Elon Musk India Visit: Tesla CEO To Meet PM Narendra Modi, Announces Major EV Investments Projected To Reach USD 3.6 Billion in Revenue in India by 2030

New Delhi, April 11: With Tesla and SpaceX CEO Elon Musk confirming his first-ever India visit to meet Prime Minister Narendra Modi later this month and announce key investments in the electric vehicle (EV) space, industry experts on Thursday said that the country could grow into a considerable market for him in the foreseeable future, generating at least $3.6 billion in revenue by 2030.

The news of Musk arriving here brought cheer to millions of Tesla lovers in India, after a determined PM Modi convinced the tech billionaire to look at the country — which has been witnessing stupendous economic growth across quarters for the past decade — as his next destination to build a Tesla plant and a global supply chain system. Elon Musk Confirms India Visit: Tech Billionaire To Meet Prime Minister Narendra Modi on April 22 in New Delhi.

According to experts, there’s a lot of history and talk about Musk’s intentions to enter the Indian market. “The list of possible announcements includes India providing duty cuts on imported Tesla cars, the company establishing an official sales and service presence in the country, followed by possible manufacturing facilities further out,” senior analyst Soumen Mandal from Counterpoint Research told IANS.

The current EV penetration in India is 2.3 per cent, which is likely to reach 28 per cent by 2023. The electric cars priced around $25,000 (Rs 20 lakh and above) will have at least a 15 per cent market share by 2030, according to the latest industry data. “India could grow into a considerable market for Tesla in the long term. As cars effectively become supercomputers on wheels, we anticipate Tesla could achieve $3.6 billion in revenue from car sales in India alone by 2030,” Mandal noted.

Moreover, India has the potential to become a manufacturing hub for producing cars in the sub-$25,000 price range, with opportunities for export to developing and underdeveloped nations. Additionally, said experts, Tesla’s preference for establishing its supercharger network could catalyse the growth of India’s EV charging infrastructure, mirroring the standardization seen with US automakers adopting the North American Charging Standard (NACS) charging standards.

Also known as the Tesla charging standard, NACS is an EV charging connector system developed by Tesla. It has been used by all Tesla vehicles in the US since 2021, and was opened for other EV automakers in November 2022. According to Liz Lee, Associate Director at Counterpoint Research, the country’s EV landscape is about to see a significant rise.

“Government initiatives such as the production-linked incentive (PLI) scheme for Advanced Chemistry Cells (ACC) and the recent reduction in import duties on EVs under $35,000 to 15 per cent are game changers,” Lee said. Meanwhile, car sales in India are likely to grow at a compound annual growth rate (CAGR) of 6.3 per cent between 2024-2030 from 4.4 million units last year.

According to industry experts, when it comes to EVs, the CAGR is expected to touch a staggering 52 per cent in the same time-frame — a “natural progression” for India as noted by Musk. In 2024, India’s EV sales are likely to grow 66 per cent, driven by rising consumer interest, government initiatives, and infrastructure development. Elon Musk Coming in India This Month To Meet PM Narendra Modi and Announce ‘Mega Investment Plans’: Report.

Experts told IANS that Tesla’s presence in India could further stimulate the establishment of supply chain ecosystems, “leading to the localisation of automotive components manufacturing”. It is a clear sign that India’s journey to “become a major player in the global EV market is accelerating,” they emphasised.

(The above story first appeared on LatestLY on Apr 11, 2024 03:08 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Elon Musk Confirms India Visit: Tech Billionaire To Meet Prime Minister Narendra Modi on April 22 in New Delhi

New Delhi, April 11: Tesla and SpaceX CEO Elon Musk has confirmed his visit to India, saying that he is looking forward to meeting Prime Minister Narendra Modi in the country.

“Looking forward to meeting with Prime Minister @NarendraModi in India,” Musk confirmed on Wednesday in a post on X. As per media reports, the tech billionaire is slated to meet PM Modi “in the week of April 22 in New Delhi”. Elon Musk Says Tesla’s Entry in India Will Be a Natural Progression.

Musk, accompanied by other top Tesla executives, is likely to make an announcement about his investment plans and setting up of a potential $2-3 billion manufacturing plant in the country. According to SpaceX CEO, the entry of Tesla in India, as the company scouts for factory land, will be a “natural progression”. Elon Musk Coming in India This Month To Meet PM Narendra Modi and Announce ‘Mega Investment Plans’: Report.

“All vehicles will go electric and it is just a matter of time,” Musk said. As per reports, Gujarat, Maharashtra and Tamil Nadu are on top of Tesla’s agenda to start EV manufacturing and export the vehicles as well. During his visit to the US last year, PM Modi had invited the tech billionaire to explore opportunities in the country for investments in the e-mobility sector.

(The above story first appeared on LatestLY on Apr 11, 2024 10:11 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Tresa V0.2 Electric Truck Unveiled; Check Specifications and Features of Made in India Commercial Electric Vehicle From Tresa

New Delhi, April 10: Tresa Motors has introduced its commercial electric vehicle, the Tresa V0.2 electric truck, in India. As a Made in India electric truck, the Tresa V0.2 comes with innovation and technological advancement, which is expected to set a new benchmark for what commercial EVs can achieve in terms of performance and reliability. In the future, Tresa Motors might transform the logistics and transportation sector in India with its V0.2 e-truck.

As per a report of India Today, Tresa Motors has unveiled a locally developed Tresa V0.2 electric truck. The electric truck has been designed for the commercial vehicle market. By developing such an electric truck, Tresa Motors is emphasising the importance of adopting EV technology to address the growing concerns over environmental pollution and fossil fuel dependency. The V0.2 is still in the developmental stage and is expected to be launched in 2026. Ola To Shut Down International Operations in the UK, New Zealand and Australia Amid Rising Competition To Focus on Indian Market.

Tresa V0.2 Electric Truck Specifications and Features

The e-truck has more than 500 monitoring points that send data to the CPU. Tresa Motors has set up different zones to integrate its systems. These zones are managed by a CPU powered by Nvidia GPU. The main job of this CPU is to control all the systems. Tresa has used an 800V electric architecture in V0.2 electric truck with a central computing unit, Battery Management System (BMS) and advanced telemetry system. Jeep Compass Night Eagle 2024 Model Teased, Likely To Launch Soon in India; Check More Details About New Jeep Compass Limited Edition Car (Watch Teaser Video).

Tresa V0.2 has an electric motor with a hub torque of 24,000Nm, enabling the truck to reach a top speed of 120kmph. The Tresa V0.2 electric truck features a central steering setup combined with an air-suspended seat. The e-truck comes equipped with a 300kWh battery pack with fast charging capability, which can be charged from 10 to 80 percent in 20 minutes. Additionally, custom seat options are available to further personalise the driving preference and comfort.

(The above story first appeared on LatestLY on Apr 10, 2024 01:15 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

2024 Jawa Perak and 2024 Jawa 42 Bobber Launched in India; From Price to Specifications and Features Know Everything About Updated Version of Jawa Bikes

New Delhi, April 9: Jawa Yezdi Motorcycles has launched its latest models – 2024 Jawa Perak and the 2024 Jawa 42 Bobber in India. The 2024 Jawa Perak and 2024 Jawa 42 Bobber bikes have been launched with upgraded styling and spirit of adventure. Jawa has always been about bringing classic design bikes with modern technology. The 2024 Jawa Perak and the 2024 Jawa 42 Bobber are expected to offer upgraded performance for its customers.

As per a report of Hindustan Times, the 2024 Jawa Perak and the 2024 Jawa 42 Bobber have been launched with updated looks and features. The updated Jawa Perak reportedly launched with a new matt black and matt grey dual-tone colour options, embracing a bolder and more distinctive identity. The Jawa 42 Bobber comes with two colour options that includes Mystic Copper and Jasper Red as per a report of Car&BikeAther Rizta Electric Scooter Launched in India Along With Ather Halo Smart Helmet; Know Price, Specifications and Other Details of Ather’s New Family E-Scooter.

2024 Jawa Perak Specifications and Price Details

As per reports, the 2024 Jawa Perak is equipped with the same 334cc liquid-cooled engine, which delivers a power output of 29.49bhp at 7,500rpm. The new Perak also generate a peak torque of 30Nm at 5,500rpm. Riders can also expect enhanced riding and handling capacity from the bike. The 2024 Jawa Perak comes with ByBre disc brakes on both the front wheel with 280mm and the rear wheel with 240mm of diameter.

The bike is equipped with dual-channel ABS by Continental for enhanced safety. The 2024 Jawa Perak has a new seven-step preload adjustable mono-shock with slip and assist clutch, which is expected to refine the bike’s comfort and performance and comes at a price of Rs 2.13 lakh. Ultraviolette F77 Warranty Extended up to 8 Lakh Kilometres, Company Introduces Three New Coverage Packages for Its Flagship EV Bike; Check Details.

2024 Jawa 42 Bobber Specifications and Price Details

As per reports, the 2024 Jawa 42 Bobber has new diamond-cut alloy wheels. The bike has updated features that include digital instrumentation, USB charging and LED lighting with multiple luggage options. The 2024 Jawa 42 Bobber comes with a price range of Rs 2.09 lakh to Rs. 2.29 lakh for the Black Mirror model.

(The above story first appeared on LatestLY on Apr 09, 2024 04:53 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Adani TotalEnergies E-Mobility Limited Joins MG Motor India To Install EV Charging Stations To Boost India’s EV Goals

New Delhi, April 8: In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of use and increased accessibility for customers.

As part of the collaboration, EV charging stations (60 kW DC) will be installed at designated MG dealerships, to provide value-added services to EV customers nationwide. “Adani TotalEnergies E-Mobility Limited’s and MG Motor India’s partnership to develop charging infrastructure marks a significant milestone and will play a crucial role in accelerating India’s energy transition,” said Suresh P. Mangalani, ED and CEO, ATGL, which is a wholly-owned subsidiary of Adani Total Gas Limited (ATGL). Mahindra XUV3XO Launch Expected on April 29, Company Shares Teaser Showcasing Design and Confirms Some Features (Watch Video).

The effort will contribute towards reducing carbon emissions and promoting a cleaner and greener environment, Mangalani added. ATEL will set up CC2 60 kW DC chargers at upcoming MG dealerships to bolster the charging network and enhance customer accessibility. “This strategic partnership reflects our commitment to sustainable mobility and our vision to revolutionise the EV landscape by building a robust charging infrastructure. The combined synergies aim to empower Indian consumers to embrace electric mobility,” said Gaurav Gupta, Chief Growth Officer, MG Motor India.

The partnership will also provide a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure. In addition, a digital platform will be launched to facilitate a seamless customer experience, covering discovery, user authentication, charging, and billing settlement through a dedicated mobile application, said the companies.

Both companies will explore the potential of integrating public charging stations across platforms by leveraging advanced application programming interfaces (APIs) to enhance network visibility and accessibility. The collaboration will also enhance customer experience with RIFD solutions accessible to MG users at the strategic locations of ATEL’s public charging network, especially at places such as airports. India Needs One Million Fast Chargers To Become 100% Electric in Two and Three-Wheeler EV Segment by 2030: Former NITI Aayog CEO Amitabh Kant.

Currently, ATEL has a network of more than 300 charge points, which are a mix of AC and DC, spread across various verticals like highway pit-stops, shopping malls, RWAs, workplaces and fleet charging hubs. The company has a current installed capacity of around 6 MW with approximately 500 charge points under construction.

(The above story first appeared on LatestLY on Apr 08, 2024 01:12 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Mahindra XUV3XO Launch Expected on April 29, Company Shares Teaser Showcasing Design and Confirms Some Features (Watch Video)

Mumbai, April 7: Mahindra XUV3XO is teased to launch soon in India by Mahindra Auto. The Indian automobile company shared the design of the upcoming Mahindra XUV3XO ahead of the official launch date on social media platforms. Mahindra Auto said the new XUV3XO will be suitable for the modern lifestyle in terms of technology and design. The company is expected to introduce this new SUV with interior and exterior improvements. 

Mahindra showcased only the front and rear design elements in the official teaser on X. The Mahindra XUV3XO teaser informed that the SUV will be launched with Striking LED DRLs and Connected LED Tail-Lamps. Mahindra Auto also confirmed that its upcoming XUV3XO will be launched with layered-spoke alloy wheels. The company said, “The XUV 3XO embodies the XUV DNA and promises a new benchmark in immersive technology. Get ready for threefold the excitement, exhilaration, and experience.” India Needs One Million Fast Chargers To Become 100% Electric in Two and Three-Wheeler EV Segment by 2030: Former NITI Aayog CEO Amitabh Kant.

Mahindra XUV3XO Teaser Video Shared by Mahindra Auto, Watch It Here:

‘Say hello to the Mahindra XUV 3XO’, Watch Teaser Video on YouTube: 

Mahindra XUV3XO Specifications, Features and Design

The Mahindra XUV3XO engine will likely be the same as the Mahindra XUV300, reported News18. The report said that the model would continue to have the 1.2-litre turbo petrol engine, a 1.2-litre TGDI, and a 1.5-litre diesel engine. The report mentioned that the Mahindra XUV3XO will likely be a renamed version of the previous model XUV300. It said the new Mahindra model will be a mid-sized SUV that will hit the Indian automobile market on April 29, 2024. 

The report further highlighted that the Mahindra’s XUV3XO would have C-shaped LED Daytime Running Lights, a redesigned bumper, and a decent-sized sunroof. News18 further reported that XUV3XO would be bolder than ever and have an aggressive stance. Mahindra Auto said the new SUV will be launched with a 10.25-inch touchscreen infotainment system, multi-functional steering wheel, and automatic climate control. The car is said to support car-connect technology, including Auto CarPlay, Apple and Android. Tesla Robotaxi Release Date Confirmed: Elon Musk-Run EV Company To Launch New Next-Gen Self-Driving Vehicle on August 8, 2024.

On its official website page, Mahindra Auto has not provided any details about the features; however, the report said it would have a wireless charging pad, a 360-degree camera that would offer dynamic guidance and AC vents for passengers along with ventilated seats. The Mahindra XUV3XO price in India will be revealed on the official launch date along with confirmed specifications; until then, these are just speculations.

(The above story first appeared on LatestLY on Apr 07, 2024 03:52 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

India Needs One Million Fast Chargers To Become 100% Electric in Two and Three-Wheeler EV Segment by 2030: Former NITI Aayog CEO Amitabh Kant

New Delhi, April 7: India must go 100 per cent electric in 2 wheeler and 3 wheeler by 2030 and become a global EV manufacturing champion, the G20 Sherpa and former CEO NITI Aayog, Amitabh Kant, said on Saturday. Kant emphasized the urgency for India to transition its automotive sector towards electric mobility, declaring the era of fossil fuel-based combustion engines as “dead,” “Combustion engine technology based on fossil fuels is “dead” and the future is electric,” he said.

“Transformation of India’s automotive sectors is key; it contributes 7% to its GDP, 35% to manufacturing GDP and 8% to total exports. India has the third-largest global auto market,” Kant said in a post on X. EV Landscape in India To Be Transformed With Key Government Initiatives, Will Lower Manufacturing Costs and Boost EV Sales in Country: Industry Experts.

Amitabh Kant, Former CEO of NITI Aayog: 

With the automotive sector contributing significantly to India’s GDP, manufacturing output, and exports, the country recognizes the imperative to adapt to the evolving global landscape. Currently ranking as the third-largest auto market globally, India boasts the title of the largest producer of three-wheelers, the second-largest manufacturer of two-wheelers and buses, and the fourth-largest producer of passenger cars.

Governments Vahan portal dashboard shows an uptrend of EV registrations especially of 2-wheelers, although 3 and 4 wheelers have shown a marginal decline. In January 2024, EVs registration in India was 1,44,877, in Feb it declined a little bit at 1,41,382 but as on 30th March the figure for the month showed an uptrend of 32 per cent at 1,86,143 vehicles.

Kant further stressed on the necessity for India to lead the charge towards electric mobility, proposing an ambitious goal of achieving 100 per cent electrification in two-wheelers and three-wheelers by 2030. “We need at least one million fast chargers in India to adopt EVs by 2030,” Amitabh Kant said.

He also pushed for the domestic manufacturing of these units instead of importing. “We need to push localization content in manufacturing, with megawatt-hour charging for buses and commercial vehicles All EV players & Start-ups instead of creating tech silos must work together to build an interoperable fast-charging network. This is critical for providing impetus to EV movement in India,” the G20 Sherpa said. Ather Rizta Launch Event: ‘Now Indian EV Companies Like Ather Should Make Electric Two-Wheelers for Global Market’, Says Former NITI Aayog CEO Amitabh Kant During Ather Community Day 2024.

The shift towards electric mobility represents more than just a technological transition; it embodies a paradigm shift in India’s industrial landscape. Embracing disruption, India seeks to not only retain its current market share but also to expand its influence on the global stage.

Alexa Monkey Attack: Anand Mahindra Offers Job to Girl Who Saved Herself and Her Younger Sister From Monkey Attack Using Alexa

New Delhi, April 6: Mahindra Group Chairman Anand Mahindra, on Saturday, offered a job to a girl who saved herself and her younger sister from a monkey attack. In a brave move, a 13-year-old girl showed her presence of mind and scared away a monkey in the Basti district of Uttar Pradesh, using Amazon’s virtual voice assistant Alexa.

The girl reportedly commanded Alexa to bark like a dog, hoping to scare away the monkey that had entered her sister’s home. The tactic worked and the girl successfully saved both herself and her sister. EXL Layoffs 2024: US-Based IT Company Lays Off 800 Employees From India and United States To Address Growing Demand for Generative AI.

Alexa Monkey Attack, 13-Years Old UP Girl Nikita from Basti District Saved Her and Her Young Sister’s Life:

Anand Mahindra Offers Job To UP’s Nikita After Finishing Her Education:

Reacting to the incident, Anand Mahindra took to his official X handle and wrote: “The dominant question of our era is whether we will become slaves or masters of technology. The story of this young girl provides comfort that technology will always be an enabler of human ingenuity. Her quick thinking was extraordinary.” Elon Musk Initiates Crackdown on Bots and Trolls, Leading To Decline in Follower Counts for X Users.

He said the girl showed “potential for leadership in an entirely unpredictable world”. “After she finishes her education, If she ever decides to work in the corporate world I hope we at @MahindraRise will be able to convince her to join us!!” the chairman added.

(The above story first appeared on LatestLY on Apr 06, 2024 05:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Kia To Invest USD 28 Billion in Future Mobility Solutions To Strengthen Its Gasoline Hybrid Vehicle Lineup by 2028

Seoul, April 5: Kia, South Korea’s second-largest carmaker, said on Friday it will invest 38 trillion won ($28 billion) in future mobility solutions by 2028, while strengthening its gasoline hybrid vehicle lineup amid slowing sales of electric vehicles (EVs). The planned investment over the next five years is revised up from 33 trillion won announced last year.

Kia will inject 15 trillion won, or nearly 40 percent of the overall spending, in developing EVs, purpose-built vehicles, advanced air mobility, software-driven vehicles and robotics, the company said at this year’s CEO Investor Day, reports Yonhap news agency. Skoda Superb 2024 Re-Launched in India As CBU With Notable Updates; Check Price, Features and Other Details.

Kia expects the EV sales growth will be slowing further this year due to an economic slowdown, reduced government subsidies, lack of charging infrastructure, and potential risks of fire. “Faced with tougher competition with rivals and growing geopolitical uncertainties, the company will flexibly respond to rapidly changing market trends and change risks into opportunities,” Kia President and Chief Executive Song Ho-sung said.

To weather the slowing demand for EVs, the maker of K5 sedans and Sorento SUVs said it will add more gasoline hybrid models to its lineup in coming years. Kia projected the ratio of gasoline hybrid models in its total vehicle sales will rise to 19 per cent, or 800,000 units, in 2028 from 12 percent, or 372,000, this year.

On top of that, it will also continue to beef up its EV lineup with mass-market models despite lower demand for zero-emission cars, the company said in a statement. In the short term, the company plans to gradually launch three new all-electric SUVs — EV3, EV4, and EV5 — in the domestic market starting this year. The EV5 sub-midsized SUV was initially launched in China last year. Gudi Padwa 2024 Cars to Buy: From Hyundai Creta N Line to Tata Punch EV and Toyota Urban Cruiser Taisor, List of Latest Cars, SUVs and EVs To Buy on Hindu New Year’s Day.

It is part of Kia’s plan to launch 15 EVs by 2027 and sell 1.6 million EVs in global markets in 2030. Kia aims to sell 3.2 million vehicles, including 307,000 EVs, this year, higher than the 3.08 million units sold last year. For 2023, its net profit jumped 62 per cent to 8.78 trillion won from a year earlier on improved product mix, rising average selling prices, and the won’s weakness against the dollar.

(The above story first appeared on LatestLY on Apr 05, 2024 02:39 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).