The automotive industry is characterized by its swift evolution, which can make it difficult to remain updated. Nevertheless, there is a commitment to delivering prompt information regarding significant advancements in the sector. Below is a summary of the key highlights from Monday, February 24.

Potential Adjustments to India's EV Policy

As Tesla prepares to enter the Indian market this year, the government is expected to revise its electric vehicle (EV) policy aimed at fostering the production of EVs domestically. To entice manufacturers such as Tesla, the revised policy may require automakers to demonstrate an annual revenue of ₹2,500 crore by their second year of operation. Additionally, the Indian government may consider providing further reductions in import duties to enhance the growth of the EV sector in the country. This initiative would facilitate a more favourable environment for companies like Tesla.

Renault Kwid, Kiger and Triber get CNG options

Renault has expanded its offerings in India by introducing factory-fitted CNG options for its Kwid, Kiger, and Triber models. Customers opting for the CNG kit in the Renault Kwid hatchback will incur an additional cost of ₹75,000 on top of the standard model's price. In contrast, the Kiger and Triber models will require an extra ₹79,500 beyond their respective ex-showroom prices. This announcement follows recent updates to the Kiger and Triber, which now feature enhanced specifications, particularly in the lower variants.

Kia Syros crosses the 20,000 bookings mark, top-end variants lead demand

Kia Syros has achieved over 20,000 bookings since its launch on February 1, 2025, with deliveries commencing in mid-February. The vehicle is priced between ₹9 lakh and ₹17 lakh, available in six variants and two engine options, each with two transmission choices. The company has observed a notable preference for higher-end trims, indicating a robust demand for premium variants.

CFMoto may re-enter India in 2025, likely to launch 450MT and 675 SR-R

CFMoto is considering a return to the Indian market in 2025, engaging in discussions with a new distributor and planning to establish a comprehensive sales and service network. In its renewed venture, CFMoto intends to offer a more robust product lineup than its previous attempt, with the anticipated launch of the 450MT and 675 SR-R models in India.

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