"Following a study about the economics of cylinder head suppliers, Renault Group has found another supplier that will start working with us from 2024," a Renault spokesman said.
Read MoreThe supercar manufacturer will offer the breadth of its model range to Indian customers, including the Everyday McLaren GT and the marque’s first ever high-performance hybrid - the Artura.
Read MoreSo far, Porsche's only all-electric model is the coupe Taycan.
Read MoreToyota Motor is also leveraging its cooperation with partner Suzuki Motor, majority owner of India's biggest carmaker Maruti, to benefit from its low-cost engineering know-how and mild hybrid technology.
Read MoreThe new Citroën C3 is currently available at a special introductory price of Rs. 5,70,500 (ex-showroom, Delhi).
Read MoreMahindra currently does not have a presence in the electric passenger segment. It however is the leading player in the domestic electric three-wheeler space with over 70 per cent market share.
Read MoreThe group, which has tasked Škoda Auto with growth in India, will also continue to focus on internal combustion engine (ICE) vehicles as it believes mass adoption of electric vehicles will depend on the development of the country’s ecosystem and infrastructure, said Piyush Arora, managing director Škoda Auto Volkswagen India.
Read MoreThe companies also expect the ongoing festive season to be robust in terms of dispatches despite the chip shortage woes continuing
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