Budget 2026: Auto & Components Get Policy Continuity and Longer-Run Relief
Budget 2026: Auto & Components Get Policy Continuity and Longer-Run Relief
Team Acko - Modified date: 2 Feb, 2026, 2:21 PM IST

To secure EV-era inputs, the Rare Earth Permanent Magnets initiative will be supported through dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu to promote mining, processing, R&D and manufacturing.

Budget 2026: Auto PLI Allocation Rises to ₹5,940 Crore, No Policy Change
Budget 2026: Auto PLI Allocation Rises to ₹5,940 Crore, No Policy Change
Acko Drive Team - Modified date: 1 Feb, 2026, 1:56 PM IST

The auto PLI scheme, approved in September 2021 targets Advanced Automotive Technology vehicles and components.

Kia India Sales Rise 10.3% in January, New Seltos and Clavis EV Drive Growth
Kia India Sales Rise 10.3% in January, New Seltos and Clavis EV Drive Growth
Acko Drive Team - Modified date: 1 Feb, 2026, 12:24 PM IST

Kia's sales momentum in January was driven by consistent demand across its portfolio.

Budget 2026: India Semiconductor Mission 2.0 Launched With ₹1,000 Crore to Push Chip Manufacturing
Budget 2026: India Semiconductor Mission 2.0 Launched With ₹1,000 Crore to Push Chip Manufacturing
Acko Drive Team - Modified date: 1 Feb, 2026, 12:09 PM IST

The second phase of the India Semiconductor Mission has a ₹1,000 crore budget.

Budget 2026-27: Customs Duty Exemption Extended on Lithium-Ion Cell Manufacturing
Budget 2026-27: Customs Duty Exemption Extended on Lithium-Ion Cell Manufacturing
Acko Drive Team - Modified date: 1 Feb, 2026, 10:15 AM IST

Nirmala Sitharaman announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage.

No Fireworks for Auto, but Some Fuel for EVs and Infrastructure
No Fireworks for Auto, but Some Fuel for EVs and Infrastructure
Acko Drive Team - Modified date: 1 Feb, 2026, 1:44 PM IST

Better energy storage means a more stable grid, more reliable fast-charging networks, and lower long-term infrastructure costs — all essential ingredients for mass EV adoption.

Mahindra Posts 24% Growth in Jan; XUV7XO and XEV 9S See Record Bookings Worth ₹20,500 Crore
Mahindra Posts 24% Growth in Jan; XUV7XO and XEV 9S See Record Bookings Worth ₹20,500 Crore
Acko Drive Team - Modified date: 1 Feb, 2026, 8:30 AM IST

Mahindra sold 63,510 utility vehicles in the domestic market during January.

Hyundai India Sales Rise 9.5% In January 2026, Venue & Aura Achieve Highest-Ever Monthly Sales
Hyundai India Sales Rise 9.5% In January 2026, Venue & Aura Achieve Highest-Ever Monthly Sales
Acko Drive Team - Modified date: 1 Feb, 2026, 7:21 AM IST

Hyundai registered its highest-ever domestic sales in January at 59,107 units, growing by 9.5 per cent year-on-year over 54,003 units sold in January 2025.

Tata Motors Passenger Vehicle Sales Surge 47% to 71,066 Units in Jan on Strong Domestic Demand
Tata Motors Passenger Vehicle Sales Surge 47% to 71,066 Units in Jan on Strong Domestic Demand
Acko Drive Team - Modified date: 1 Feb, 2026, 8:30 AM IST

Domestic passenger vehicle sales stood at 70,222 units during the month, up 46 per cent from the same period last year.

Vinfast Targets India, Southeast Asia for E-Scooter Global Push
Vinfast Targets India, Southeast Asia for E-Scooter Global Push
Acko Drive Team - Modified date: 31 Jan, 2026, 12:06 PM IST

Vinfast recently confirmed its product strategy for India which involved the development of six electric scooters, specific to the needs of the domestic market.

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