Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Ampere Electric plans Rs 700 cr investment for EV manufacturing plant in Tamil Nadu

Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, announced phased investment potential of Rs 700 crore over 10 years to set u...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Greaves Cotton to acquire majority stake in electric vehicle company Ampere

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Kevin Flynn is new President & MD, Fiat Chrysler Automobiles India

Fiat Chrysler Automobiles (FCA) India has announced the appointment of Kevin Flynn as the new President and Managing Director for India Operations. In a press release, FCA India said this appointment is effective im...

Nagesh Basavanhalli quits Fiat Group India

Unconfirmed reports suggest that the current President and Managing Director of Fiat Group Automobiles India Pvt. Ltd. (FGAIPL), Nagesh Basavanhalli plans to leave the company. The Fiat Group India Automobiles Pvt. ...




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