Maruti Suzuki to recall close to 20,000 Eeco units to rectify incorrect marking of wheel rim size
In a routine inspection, the country’s largest carmaker found that in some units of Eeco, manufactured between July 19, 2021 and October 5, 2021, the wheel rim size was incorrectly marked, the company said in a regulatory filing.
India to see 48,000 more EV chargers with investment of Rs 14,000 crore in 3-4 years: ICRA
As the EV penetration is expected to increase in the two and three wheeler as well as bus segments, the expansion of charging infrastructure which is currently at a nascent stage will play a critical role, domestic credit ratings agency ICRA said in its report.
Hero Electric to supply e-scooters to last-mile delivery provider Shadowfax
As part of the association, Hero Electric will convert around 25 per cent of Shadowfax’s 100,000-strong delivery fleet into electric vehicles (EVs) with its NYX HX e-scooters across delivery centres, a release said on Wednesday.
Simple Energy inks pact with US-based battery tech firm C4V for cell manufacturing in India
The Bengaluru-based energy startup had launched its first e-scooter Simple One mid-August last year.
Maruti Suzuki to hike vehicle prices this month amid rise in input costs
The company has planned to increase the prices in April and the hike will vary for different models.
From June 1, Delhiites can charge their EVs free of cost in noon
The move is aimed at promoting the use of electric vehicles and also to incentivise EV charging at public stations, authorities said.
EVRE, Signature Global join hands to set up EV charging stations in Delhi-NCR
A memorandum of understanding has been signed between the two parties under which EV charging stations will be installed at eight delivered projects of Signature Global with the help of EVRE, as a first step, the two companies said in a joint statement.
T-Hub ties up with Renault Nissan's tech & business centre for innovation challenge for startups
RNTBCI will partner with some of the most innovative automotive startups scouted by T-Hub through the challenge.
IIT Guwahati develops technology to standardise electric vehicles for Indian drive cycles
According to officials, the Electric Vehicles currently available in the market do not take into account the different climatic conditions in India, and the drive cycles developed are not focused on rural and urban drive-cycles.
Renault ties up with CSC Grameen e-Stores to open 300 booking centres across country
Through the initiative, the company and CSC aim to increase accessibility in remote regions and provide rural customers an opportunity to book Renault cars within their locality with ease and convenience, the automaker said in a statement.
Tata Motors launches Tigor EV in Nepal
The vehicles are now on display at showrooms and have been made available for test drives across the dealer network by Sipradi Trading, the auto major said.
Toyota Kirloskar drives in Hilux at Rs 33.99 lakh
Launched earlier this year, the Hilux is aimed to fulfil the needs of the customers seeking a lifestyle utility vehicle that is best suited for off-roading adventure drives on tough terrains, and everyday city use.
Auto component industry likely to clock 8-10% growth in FY23: Report
For 2021-22, the revenue growth of the industry is pegged at 13-15 per cent, driven by domestic OEM, replacement, export volumes and pass-through of commodity prices.
Jaguar Land Rover to cut 46% greenhouse gas emissions by 2030
In addition, the Tata Motors-owned automaker will reduce average vehicle emissions across its value chains by 54 per cent, including a 60 per cent reduction throughout the use phase of its vehicles.
Tesla signed secret nickel supply deal with Vale: Report
The price of nickel, which is used to make stainless steel and is a key material for electric vehicle batteries, had been rising steadily even before the conflict in Ukraine drove prices up even further and triggered chaos at the London Metal Exchange in early March.
Renault drives in updated Kiger model; priced Rs 5.84 lakh onwards
The model has been instrumental in driving India to be among Renault’s top five global markets, as per the company.
Government making 6 airbags mandatory, says Nitin Gadkari
The Union Road Transport Minister also said that EVs must be manufactured as per safety standards laid down by the government
Tesla to seek shareholder approval for stock split
Following a pandemic-induced rally in the technology shares, Alphabet Inc, Amazon.com Inc and Apple Inc too have in the recent past split their shares to make them more affordable.
Tata Power, Rustomjee Group tie up for EV charging infrastructure
Tata Power, one of India’s largest electric vehicle charging solutions providers, has collaborated with real estate developer Rustomjee Group to provide end-to-end EV charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region (MMR), the statement said.
Maruti's RC Bhargava brushes aside concerns on EV project; says there's nothing against shareholders
Countering the criticism from the proxy advisory firm, Bhargava noted that all models produced at Suzuki Motor Gujarat (SMG), including EVs, would be ultimately sold by Maruti Suzuki India (MSI) in the marketplace.
MG Motor India introduces digital car finance platform MG ePay
The MR ePay will provide an end-to-end online auto finance journey with almost instant approvals while offering seamless, customised, and instant financing solutions from a consortium of leading banks, the company said in a statement.
Ather Energy partners HDFC Bank, IDFC First Bank to offer retail finance for its e-scooter
The collaboration will allow Ather Energy customers to avail instant loans from the two private lenders at low-interest rates and with a maximum LTV (Loan-to-value), a release said.
AU Small Finance Bank ties up with Tata Motors for its passenger vehicles finance solutions
The offer will be applicable to a spectrum of customers like salaried, self-employed professionals, self-employed non-professionals, agriculture and dairy farmers, etc., including new to credit customers. Customers can also apply for a car loan via the AU 0101 app to avail of the pre-approved offers.
Yamaha Motor's shared mobility platform MBSI forays into 4-wheeler EV segment
MBSI provides services to tech startups that focus on the shared mobility space in the country.
