Matter raises $25 million, anchored by existing investors doubling down

Matter Motor Works, the deep-tech company behind the Aera, India's first geared electric motorcycle, announced the raise of its $25 million (Rs 240 crore) growth capital, anchored by existing investors doubling down...

 Record-breaking Feb reflects GST 2.0 tailwinds, strong rural demand

According to the latest data released by the Federation of Automobile Dealers Associations (FADA), overall retail of vehicles stood at 24,09,362 units in Feb 2026, registering a +25.62% YoY growth

Shifting sands of India’s electric two wheeler industry

The latest retail sales data released by the Federation of Automobile Dealers Associations of India (FADA) reveals an interesting trend. Leading the pack of retailers are two major ICE players, TVS Motor Company and...

LML Electric ties up with Saera Electric, makers of Yogo bikes

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

Tech rich cars hit by semi conductor shortage; worst festive sales in decade: FADA

The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...

Fiscal 2020-21, April 2021 vehicle registrations down (-) 38pc, (-) 28 pc: FADA

For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...

Interview with Rohit Saboo, President and CEO, National Engineering Industries (NEI)

Interview with Rohit Saboo, President and CEO, National Engineering Industries (NEI)




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