Carbike360 Weekly Wrap Up | Top 5 Automotive News: FAME Subsidy extension, new launches and more

In the dynamic landscape of the automotive industry, recent developments have unveiled significant advancements and policy changes, reshaping the narrative of mobility in India. From groundbreaking launches to pivotal regulatory alterations, the week witnessed a convergence of innovation and governance in the automotive industry. 

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Top 5 Automotive News

1. Ducati Multistrada V4 Rally Unleashed

Ducati, a stalwart in crafting adventurous motorcycles, unveiled its latest offering - the Multistrada V4 Rally - a symbol of the brand's dedication to exploratory journeys and limitless travel experiences. Priced at INR 29.72 lakh, this marvel embodies the essence of adventure, promising riders an exhilarating journey, be it solo or accompanied.

Also Read: 2 Million Tesla's Recalled for Safety Upgrade & Ongoing Scrutiny

2. Ather 450 Apex Pre-orders Begin

Ather Energy, a key player in the electric two-wheeler segment, introduced the Ather 450 Apex, its flagship model. Competing with stalwarts like TVS Motor, Bajaj, and Ola Electric, this move strengthens Ather's position in the burgeoning Indian electric vehicle market, inviting pre-orders at an introductory price of Rs. 2,500.

Also Read: MG Motor Announces 2024 Price Hike – What You Need to Know

3. Tata SUVs Achieve 5-Star Safety Rating

Tata Motors marked a monumental achievement as its flagship SUVs, the Harrier and Safari, secured a remarkable 5-star safety rating in the Bharat New Car Assessment Programme (Bharat NCAP). This milestone underscores a significant stride in Indian automotive safety standards.

Also Read: Check Out Mahindra’s New SUV Lineup for 2024

4. FAME Scheme Extension for EVs

The extension proposal for the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme till 2027 has emerged from a parliamentary committee. Emphasizing support for private EVs and four-wheelers, the recommendations encompass subsidies, GST reduction, charging infrastructure, and tax benefits, amid ongoing uncertainties.

Also Read: Royal Enfield is Ready to Launch 4 New Bikes in 2024 | Check Expected Price and Details

5. Delhi Government's AQI-Driven Restrictions

With Delhi-NCR's Air Quality Index (AQI) surpassing the alarming 400-point mark, the Delhi Government swiftly reinstated stringent measures. Notably, the re-banning of BS3 petrol and BS4 diesel passenger cars, effective from December 22, 2023, remains in force until further notice, aiming to combat the hazardous air quality.

Conclusion

The past week in the automotive sphere has been a confluence of innovation, safety advancements, and policy adaptations, delineating the industry's trajectory in India. From pioneering vehicle launches to pivotal regulatory decisions addressing environmental concerns and safety standards, these developments are instrumental in shaping a transformative future for mobility in the country.