MSIL) announced that, based on its mid-term business plan "By Your Side," it will position India as a global manufacturing hub while dividing its strategy by income level. For high-income groups, it will offer SUVs and MPVs; for the middle class, multi-powertrain vehicles such as BEVs, hybrids, and CNG-powered vehicles; and for low-income groups, entry-level vehicles and motorcycles. Furthermore, the company will promote a multipathway strategy a...

Market & Tech Reports  Updated at: 2026/03/27

y transition. The exemption period for basic tariffs on capital goods used in the manufacturing of lithium-ion cells for EV batteries will be extended, and basic tariffs will be exempted on capital goods used in the processing of critical minerals. Furthermore, the price of biogas in biogas-blended CNG will be exempt from central excise duty. In addition to establishing an INR 100 billion small and medium-sized enterprise growth fund, plans were ...

Market & Tech Reports  Updated at: 2026/03/03

early two-thirds of its total production volume. In addition, supported by strong demand for well-established brands such as Pulsar and KTM, the company has also achieved substantial production volumes in the mid-range motorcycle segment. During the year, the company also launched the world's first CNG motorcycle, “Freedom”. Production Share by Category Bajaj production analysis(Source: Created by MarkLines based on various press re...

Market & Tech Reports  Updated at: 2026/01/30

to the Federation of Automobile Dealers Associations of India (FADA), dealers are clearing their inventories of 2025 models, with December inventory levels ranging from 37-39 days, a seven-day reduction from the previous month. By powertrain, about 21% of passenger cars are compressed natural gas (CNG) vehicles and about 4% are electric vehicles (EVs), indicating diversification in customer preferences.   Maruti Suzuki, the December sales leade...

Market & Tech Reports  Updated at: 2026/01/26

r USTR United States Trade Representative Other ACC II Advanced Clean Cars II (CARB enacted, introduced in 11 states, approved for exemption from EPA federal regulations) CAFE Corporate Average Fuel Economy (established by EPA) CBG Compressed bio gas CFP Carbon footprint of product CNG Compressed natural gas CO2 Used to refer to all greenhouse gases GHG Greenhouse gas GWh Annual production capacity of cell plants, gigawa...

Market & Tech Reports  Updated at: 2025/12/01

n India. 表は左右にスクロールできます Vehicle Category Old GST rate  New GST  rate from September 2025 Change GST Cess Total applied rate Battery electric vehicles - BEVs 5% NA 5% 5% 0% Hydrogen fuel cell vehicles - HFCVs 12% NA 12% 5% -7% Passenger vehicles (gasoline, CNG, LPG) <4 meter in length and <1200cc engine 28% 1% 29% 18% -11% Hybrid vehicles up to 1200 cc engine and length up to 4m 28% 1% 29% 18% -11% P...

Market & Tech Reports  Updated at: 2025/11/20

India's Automotive Industry Policy: Promoting Electric Vehicles EV and CNG Vehicle Sales Trends Summary Automotive Mission Plan 2047 Announcements in Union Budget 2025-26 End-of-life Vehicle (ELV) / Vehicle Scrappage Policy Proposal of Corporate Average Fuel Efficiency (CAFE 3) standards Electric vehicle sales in India Increasing adaptability of CNG vehicles in India   In recent years, the Indian Government has worked towards an increase in dema...

Market & Tech Reports  Updated at: 2025/11/19

duce specific exhibits.   Mazda presented its vision of "a future where the more you drive, the more you help reduce CO2" through its exhibits of biofuel made from microalgae and CO2 capture equipment. Suzuki introduced development trends for flexible-fuel vehicles (FFVs) that can run on gasoline, CNG, or bioethanol, as well as compressed biogas (CBG) fuel derived from cow dung, which it is working on in India.   The exhibits by auto parts supp...

Market & Tech Reports  Updated at: 2025/11/14

vernment support through reforms, incentives, and infrastructure will boost manufacturing, exports, and jobs.  He stated that Crude oil imports in India cost around INR 22 trillion. Vehicles contribute about 40% of pollution in India. Switching to cleaner fuels like electricity, hydrogen, LPG, and CNG can improve the environment and lower import costs. He stated that the Ethanol fuel can support the agriculture sector, providing benefits of arou...

Market & Tech Reports  Updated at: 2025/10/09

about 56 days. Despite this temporary setback, demand remains strong ahead of the upcoming festive season.   India's Goods and Services Tax (GST) Council approved comprehensive GST amendments related to the automotive industry on September 3. The GST rate on small gasoline vehicles, LPG vehicles, CNG vehicles (engine displacement of 1,200cc or less, length of 4,000mm or less), diesel vehicles (engine displacement of 1,500cc or less, length of 4...

Market & Tech Reports  Updated at: 2025/09/26

tistics_evsales_202504 ASEAN Vehicle Sales and Production Update (Q1 2025)ASEAN Countries Automotive News Top Rank Topicshttps://www.marklines.com/en/report/rep2852_202505 Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030Launch of e VITARA in India, increasing electric and CNG vehicleshttps://www.marklines.com/en/report/rep2834_202504 Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVsChinese OEMs expand ...

Market & Tech Reports  Updated at: 2025/08/28

and used as a power source in combination with hydrogen cookware and fuel cells.   Fuel cell units and small mobility: Aisan Industry Aisan Industry is a global manufacturer of powertrain products such as fuel systems and intake and exhaust systems, as well as clean energy products such as LPG/CNG products and fuel cell products. The company operates in North America, Europe, Asia, and other regions. In the area of clean energy products, the...

Market & Tech Reports  Updated at: 2025/08/14

an initiative to use national ethanol feedstocks, while Europe has been recognizing H2 ICE as a zero emission vehicle technology. In Asia there is the target that about 35% of their fuels will be FAME (Fatty Acid Methyl Ester) biodiesel within this year, and India's national fuel strategy includes CNG (Compressed Natural Gas).   Against this backdrop, there is a significant opportunity to use alternative fuels for the further development of com...

Market & Tech Reports  Updated at: 2025/07/08

ACT Expo 2025: Hydrogen and alternative fuels Bosch, Hyundai, Toyota advance hydrogen ecosystem; Daimler, Blue Bird show CNG and propane systems Summary Bosch exhibits fuel cell module and new CryoPump refueling technology cellcentric and EKPO detail next-generation fuel cell modules Forvia, Symbio display StackPack module and hydrogen storage solutions Hyundai and Plus outline autonomous fuel cell freight network strategy Toyota showcases Gen 3 ...

Market & Tech Reports  Updated at: 2025/05/29

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

Market & Tech Reports  Updated at: 2025/05/15

el comes with a 2,100 mm wheelbase and is powered by a 694 cc, 2-cylinder gasoline engine. It features a 26-liter fuel tank and a 7-foot load body, offering a 900 kg payload capacity. This model is compatible with ethanol-blended fuel up to E85.   The Tata Ace Pro Bi-Fuel provides the advantage of CNG and gasoline dual-fuel capability. It is equipped with a 694 cc, 2-cylinder gasoline engine, producing 25.6 hp and 51 Nm of torque. With a 1,800 m...

Market & Tech Reports  Updated at: 2025/03/27

Bharat Mobility Global Expo 2025: Major Two-wheeler OEMs New technologies for alternative fuels, and advancements in electric mobility Summary Suzuki Motorcycle India: Electric scooter, E85 fuel compliant motorcycle Hero MotoCorp: Expansion of two-wheeler portfolio, flex-fuel motorcycle Honda Motorcycle and Scooter India: Electric scooter, battery swapping technology TVS Motor Company: CNG scooter, flex-fuel motorcycle, Android-integrated electr...

Market & Tech Reports  Updated at: 2025/03/06

rrier.ev, the most powerful and technologically advanced SUV from Tata Motors. The company also unveiled the Avinya X concept.   In electric vehicles, Tata Motors also presented Punch.ev, Curvv.ev, My 2025 Tiago.ev, and special variants of Nexon.ev. In ICE, it presented Curvv, Punch flex fuel and iCNG, and special variants of its existing models. Tata Motors also presented a cut section of Optimal Modular Efficient Global Advanced (OMEGARC) arch...

Market & Tech Reports  Updated at: 2025/02/13

is not only to provide last-mile delivery, but also to pioneer new uses for mobility. (Source: Anadolu Isuzu) (9) SML Isuzu in India (formerly Swaraj Mazda Limited: SML)   The bus models are unique. Models based on former Mazda vehicles are still in the lineup, but the latest models are diesel/CNG medium-sized and large tourist, passenger, and school buses.     Japan's national policy, the Sixth Basic Energy Plan, set a greenhouse gas emis...

Market & Tech Reports  Updated at: 2025/01/07

Indian passenger car market: growth trends and outlook OEMs sales analysis, EV sales trends, and government initiatives Summary Passenger cars segment performance in 2023-2024 OEM analysis of passenger car market CNG vehicles and their adaptability Electric vehicle sales in India Luxury vehicles sales market in India Government stimuli for the automotive industry and e-mobility 2024 and medium-term trends in the passenger car market Performance o...

Market & Tech Reports  Updated at: 2024/12/23