Startup eBikeGo completes $5 million fund infusion
The funding will help the company launch e-scooter Muvi and trike Velocipado next year, the company said in a statement.
Olectra bags biggest ever order of electric buses worth Rs 3,675 crore
"Olectra Greentech Ltd (OLECTRA) has bagged the biggest ever order in its history for 2,100 electric buses from BEST," a company statement said.
Mahindra & Mahindra to explore more partnerships for EV parts
Anish Shah said Mahindra had over time focussed on developing EV components in-house, but now changed tack to forge partnerships to achieve faster growth in the segment.
Indian auto parts supplier Sona BLW bets on global EV push
Sona BLW, which produces drivetrain components such motors and gears, will invest about $130 million over the next three years towards its electrification push, Sunjay Kapur said in a recent interview.
Harley-Davidson to suspend most vehicle assembly due to parts issue
The company said it took the decision after a third-party supplier informed Harley about a regulatory compliance matter relating to the supplier's component part.
Park outdoors: Ford recalls SUVs in US due to engine fire risk
Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that should be parked outdoors because the engines can catch fire.
Maruti Suzuki to invest Rs 18,000 crore in Sonipat plant to roll out 10 lakh units per annum in 8 years
The new facility, which would come at a 800-acre site at IMT Kharkhoda in Sonipat district, will entail total investment of Rs 11,000 crore in the first phase with a production capacity of 2.5 lakh units per annum.
Tata Harrier gets new XZS variants starting at Rs 19.99 lakh: Complete features list
The Tata Harrier is one of the most popular SUVs in the Tata Motors line-up and as such has a waiting period of over 10 weeks. With the launch of the new XZS variant, the company hopes to push sales of the SUV as well as reduce the waiting time down to just 30 days
How SUVs are riding the K-shaped path to recovery
Until employment and growth catch up with the rising costs of vehicle ownership, demand from rural and lower-income households would continue to remain muted, affecting demand for two wheelers, 3-wheelers and low end passenger vehicles.
Suzuki in talks to quit MotoGP in 2022
"Suzuki Motor Corporation is in discussions with Dorna regarding the possibility of ending its participation in MotoGP at the end of 2022," Suzuki said in a statement.
Humsafar to expand doorstep diesel services to 200 cities
The company also said it is looking to venture into e-mobile vehicle charging stations business and is negotiating with some companies.
Toyota to make EV parts in India for domestic, export markets
The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle types, including battery EVs, plug-in hybrids and other hybrid models, Vikram Gulati, executive vice president at Toyota Kirloskar Motor said.
Passenger vehicle dispatches dip 4% in April as supply challenges remain: SIAM
Total passenger vehicle domestic wholesales stood at 2,51,581 units last month as compared to 2,61,633 units in April 2021.
Exclusive: EV makers may have sent Grade-A cells for testing and used lower quality in two-wheelers
A CNBC-TV18 investigation has revealed that some EV companies are likely to have submitted higher quality cells with different specifications for testing purposes but may be actually using lower grade cells in the products for sale.
Capital expenditure of tyre makers to rise to Rs 5,000 crore this fiscal: CRISIL
The demand is likely to be driven by segments such as replacement, commercial and passenger vehicles (CVs and PVs), along with exports, the credit ratings agency said, adding that credit profiles of tyre makers are expected to remain "stable".
Volkswagen bets on local content, sedans for turnaround
The German player placed a contrarian bet on the sedan segment that most rivals had forsaken
Tesla recalls 130,000 vehicles in US on touchscreen display malfunction
The recall covers all Tesla models made in 2021 and 2022 and the electric-vehicle maker will provide an over-the-air software update to resolve the issue, according to the National Highway Traffic Safety Administration (NHTSA).
Hero Electric partners ReadyAssist to provide service support to B2B customers
The initiative will improve business for B2B customers by increasing the uptime of customer e-Bikes and providing quick and efficient service support to fleets deployed in last-mile delivery, Hero Electric said in a statement.
Ruchira Green Earth eyes Rs 500 crore revenue by 2025
The company also said it is looking to tap into battery swapping and replacement markets apart from large Energy Storage System (ESS) applications in the domestic market.
Tesla aims to run two shifts at Shanghai plant from May 16
The US carmaker plans to churn out 2,600 electric cars from the Shanghai plant per day from then, the memo showed.
Audi commences bookings for new Audi A8 L
With a combination of the 3-litre petrol powertrain, 48V mild-hybrid system and quattro all-wheel drive, the new Audi A8 L delivers exhilarating driving dynamics, the automaker said in a statement.
Auto retail sales grow 37% in April on low COVID-hit base effect
Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period.
Honda drives in City e:HEV tagged at Rs 19.49 lakh
The City e:HEV is the first car in the mainstream segment equipped with strong hybrid electric technology, the automaker said in a statement.
Tesla can benefit by manufacturing EVs in India: Nitin Gadkari
Addressing an event, Nitin Gadkari said days are not very far when the prices of all electric vehicles will be less than the cost of petrol vehicles in the country.
