European carmakers will get a first-year quota of 100,000 ICE and hybrid cars, while Indian-origin vehicles priced up to €50,000 will get access to a 250,000-unit EU quota

YKK India invests $150 million in a new manufacturing facility in Chennai, enhancing global manufacturing presence at Origins by Mahindra.


Mahindra and DBS Bank launch India's first green dealer financing scheme, promoting sustainability in the automotive sector with incentive-based loans.
India's largest tractor makers and a motorcycle company anticipate declining sales due to poor monsoon conditions, risking stress in the rural auto industry. Mahindra forecasts 5% growth, while Escorts expects a 2-3% decline.
BYD Atto 3 is the only model in this group not manufactured locally. It is assembled in India from completely knocked down (CKD) kits, which contributes to its higher price. It gets a 60.5 kWh battery pack paired with a front-axle-mounted electric motor which…