12 Game-Changing Moments: The year 2024 revolutionized the global automotive landscape. From groundbreaking launches to bold partnerships, the industry saw milestones that set the stage for 2025. Here’s a roundup of the most impactful events.
1. Bharat Mobility Global Expo Debuts
India has organized the first Bharat Mobility Global Expo in 2024, which brought automakers, EV innovators, and urban mobility companies together. This event featured India’s intent to revolutionize the automobile industry. It also showed emerging trends, leading to the event of 2025.
2. Hyundai takes over GM’s Talegaon Plant
Hyundai is also expanding its manufacturing footprint with the acquisition of General Motors’ Talegaon plant in Maharashtra. This will help Hyundai increase its production capacity to one million vehicles per year, making it more formidable in the Indian market.
3. JSW and MG Motor Partner
The JSW-MG partnership marked a milestone joint venture in India’s automobile industry. MG launched its first all-electric model under this partnership, the MG Windsor, and planned to roll out another EV, the MG Cyberster, shortly.
4. World’s First CNG Motorcycle Hits the Roads
Bajaj Auto shocked the whole world with the Freedom 125, the first CNG-powered motorcycle. This ride offers great savings and greener credentials and caught eyes across India. But let’s see how it shapes up in the long-term market.
5. VinFast Enters India
Vietnamese automaker VinFast began constructing its Tamil Nadu plant, marking its entry into the Indian market. With a capacity of 150,000 vehicles per year, the plant will manufacture EVs for both domestic and international markets, starting in 2025.
6. Maruti Suzuki Earns First Five-Star Safety Rating
Maruti Suzuki marked a milestone with its new Dzire that achieved a five-star rating from Global NCAP. This achievement was a watershed moment for the automaker, and safety became an emphasis of its vehicles.
7. Loss of Ratan Tata
The automotive world lost Ratan Tata in October 2024. Industry icon and true pioneer in innovation, in his era, the pioneering of innovation like Tata Indica and Nano will set the new face of an Indian auto sector.
- India’s New EV Players Emerge
Mahindra and Maruti Suzuki have launched their new electric SUVs, the Mahindra BE 6 and Suzuki e-Vitara, which will be sold in the sub-₹20 lakh price bracket. The two models will challenge Tata Motors’ hegemony in India’s EV market.
9. Honda Launches Electric Scooters
Honda 2 Wheelers India finally joined the electric revolution with the launch of two products: the Activa e: with swappable batteries and the QC1 with a fixed battery. Both models will hit the market in early 2025.
10. Affordable Coupe-SUVs Go Mainstream
With the Tata Curvv and Citroën Basalt, coupe SUVs hit the affordable bracket. The two, costing below ₹10 lakh, refreshed consumer psychology in the matter of fashionable and budget-friendly SUVs.
11. Re-branding Jaguar: Bold Refashioning
The bold rebranding of Jaguar caught the observer’s eye with the electric GT concept car. The move cannot be exactly described as anything but muddled; however, it revived curiosity about the future of the luxury car manufacturer.
12. Honda and Nissan’s Merger
Honda and Nissan hinted at a merger-a move that can alter global automotive dynamics. When finished, the deal will put together the best brains of both firms and combine shared EV platforms and supply chains, which is bound to be a formidable force in this industry.
The year 2024 was a landmark year in the history of automobiles. Innovation and collaboration will be at the heart of these developments, which will shape the industry well into 2025 and beyond.
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