17 November 2025
17 November 2025
India’s light vehicle wholesale figures for September increased by 15% month-on-month to 437k units, reports GlobalData.
Focus on AI, robotics, SDVs, electrification and hydrogen.
The move comes as the company plans to reduce reliance on components produced in China amid deteriorating US–China ties.
The cuts will be implemented in phases, starting with a voluntary separation programme.
The move is part of a strategy that emphasises electrification and preserving product value through ongoing software updates.
The government has set aside over Won15tn ($10.2bn) for the auto sector.
Alongside the investment, FedEx has placed an initial order for 53 Harbinger vehicles.
Construction of second battery-powered LCV plant underway nearby.
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