Electric Cars

A landmark Free Trade Agreement (FTA) between India and the UK is set to revolutionize the automotive industry, reshaping how vehicles are traded between the two nations. According to a recent press release from the British government, India will significantly reduce its tariffs on UK-origin cars, lowering them from over 100% to just 10% for a specified quota of high-end models. Initially applicable to Internal Combustion Engine (ICE) vehicles, this tariff reduction will later extend to electric and hybrid cars. In return, the UK will offer similar access to Indian EVs and hybrids. This reciprocal arrangement aims to enhance bilateral trade while promoting sustainable mobility solutions.

This agreement comes as part of broader negotiations aimed at fostering economic collaboration. Notable benefits include India allowing the importation of up to 22,000 electric cars annually from the UK under the reduced tariff rate. Conversely, India plans to export affordable and mid-range EVs to the UK market, targeting mass-market segments. The deal not only focuses on finished vehicles but also encompasses auto parts, though specifics remain undisclosed until the legal text is finalized in the coming months.

Jaguar Land Rover (JLR), currently overshadowed by competitors such as Mercedes-Benz and BMW in India, stands poised to gain the most from this FTA. With several luxury models sourced from the UK, including the Discovery Sport, Range Rover Evoque, Velar, Sport, and Jaguar F-Pace, JLR imports these vehicles in knocked-down kits for local assembly. As the company transitions towards electrification with upcoming models like the Range Rover Sport Electric and Range Rover Electric, it can leverage the FTA's provisions to expand its presence in India. Other British automakers, such as Aston Martin, Bentley, Lotus Cars, and Rolls-Royce, are similarly positioned to benefit from the favorable terms outlined in the agreement.

On the Indian side, Maruti Suzuki and Mahindra are among the frontrunners expected to capitalize on this opportunity. Maruti Suzuki has already announced plans to export the Suzuki e Vitara from its Hansalpur factory in Gujarat to the UK later this year. Meanwhile, Mahindra is exploring entry into the UK market with its new 'Born Electric' series, featuring models like the BE6 and XEV 9e SUV coupes, alongside potential launches of three additional EVs.

The Society of Motor Manufacturers & Traders (SMMT) expressed optimism about the FTA, emphasizing its importance in delivering substantial tariff reductions for UK automotive exports. SMMT Chief Executive Mike Hawes highlighted the need for fair origin requirements and an effective framework governing future bilateral trade in electrified vehicles.

As both nations move closer to finalizing the legal aspects of their FTA, the automotive sector anticipates significant growth and innovation. This partnership promises to strengthen ties between India and the UK, opening new avenues for manufacturers and consumers alike. Through strategic cooperation, both countries aim to lead in the global transition toward sustainable transportation.

Amid a transformative period for the automotive sector, Mitsubishi Motors is positioning itself at the forefront of technological advancement. The company views digital transformation and diversification into emerging industries as critical growth drivers. Since launching its trailblazing i-MiEV in 2009, Mitsubishi has solidified its reputation in electrification. Today, with a strong focus on plug-in hybrid electric vehicles (PHEVs), the brand is now shifting further toward fully battery-powered electric cars through partnerships like the recent collaboration with Foxtron. This strategic pivot underscores Mitsubishi’s commitment to reducing environmental impact while adapting to evolving consumer demands.

In 2009, Mitsubishi Motors made history by unveiling the i-MiEV, a highway-capable electric vehicle that marked a significant milestone in sustainable transportation. At the time, this innovation set a new benchmark for eco-friendly mobility solutions. Over the years, Mitsubishi continued refining its expertise in hybrid technologies, exemplified by the success of models such as the Outlander PHEV. These efforts not only enhanced Mitsubishi's market presence but also demonstrated the company's dedication to balancing performance with reduced emissions.

Now, Mitsubishi Motors appears poised to deepen its involvement in pure electric vehicle (BEV) technology. A recent partnership agreement with Foxtron highlights this shift, signaling an intensified focus on eliminating tailpipe emissions entirely. By leveraging advanced battery systems and integrating cutting-edge digital tools, Mitsubishi aims to redefine what it means to be a leader in green automotive engineering. This move reflects broader industry trends where sustainability and innovation go hand-in-hand.

The evolution of Mitsubishi Motors from pioneering hybrid technologies to embracing full-electric solutions mirrors the global transition toward cleaner energy sources. Through collaborations and investments in digital infrastructure, the company positions itself as both a traditional automaker and a forward-thinking tech enterprise. As discussions around climate change grow more urgent, Mitsubishi’s approach offers valuable insights into how established brands can adapt and thrive amidst rapid technological shifts.

Looking ahead, Mitsubishi Motors’ ongoing initiatives underscore a vision rooted in progress and responsibility. By prioritizing digital advancements alongside next-generation vehicle development, the company sets itself apart in an increasingly competitive landscape. Its journey serves as proof that legacy organizations can successfully integrate modern values without losing sight of their original mission—to provide reliable, innovative, and environmentally conscious transportation options for all.