BorgWarner strengthens emotor business with XPeng

BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a leading Chinese Smart EV company. The product will be used on the X9 MPV as well as XPeng’s next electric B-class sedan, with start of prod...

ASDC advocates skilling for EV industry at Bharat Mobility Global Expo -2024

Automotive Skill Development Council (ASDC), operating under the Ministry of Skill Development and Entrepreneurship, made a remarkable presence at India's inaugural Bharat Mobility Global Expo – 2024.

BYD Concludes 2023 with record 3 million annual sales

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row. This year als...

5th edition of ACMA Automechanika New Delhi gets bigger, better

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Ground-breaking innovations unveiled as TrafficInfraTech Expo opens its doors

October 11, 2023 marked the inaugural day of the highly anticipated TrafficInfratech Expo with its concurrent shows Parking Infra Tech Expo, Road Infra Tech Expo and Smart Mobility Expo. The event kicked off at Prag...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

ED raids at Pawan Kant Munjal res, Hero MotoCorp yield Rs 25 crore

The Directorate of Enforcement (ED) has recovered and seized foreign currency, cash, gold and diamond jewellery (including foreign origin gold) worth 25 Crore (approx.) along with certain incriminating documents inc...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

SIAM seminar on circular economy through EPR

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

Maruti Suzuki Board approves acquiring shares of SMG from SMC

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

Suzuki Motorcycle India rolls out 5 millionth Access 125 from Gurugram plant

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation has achieved a significant production milestone as the company rolled out 5 millionth Access 125 from its Kherki Dhau...

Indian Automobile Industry valued at $ 108 Billion in 2022-23: Primus Partners

Primus Partners Pvt. Ltd. (Primus), a pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount i...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

Passenger vehicle sales increase by 4pc in May 2023: FADA

The Federation of Automobile Dealers Associations (FADA) in its Vehicle Retail Data for May’23 has revealed that the passenger vehicle sales have grown by 4 per cent YOY.

2 wheeler sales grow 9.32pc YOY in May 2023: FADA

The Vehicle Retail Data for May’23 released by the Federation of Automobile Dealers Associations (FADA) clearly demonstrates that the two wheeler industry has shown a positive growth.

Retail auto sales records 10pc growth YOY, reveals FADA May 2023 data

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

Suzuki Motorcycle India appoints Kenichi Umeda as new Managing Director

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) has announced the appointment of Kenichi Umeda as the new Managing Director of the company. Umeda succeeds Sato...

BYD India celebrates 16th year anniversary

BYD India, a subsidiary of the world’s leading new energy vehicle manufacturer, is celebrating 16th Year Anniversary in India. In the past 16 years, the company has played a significant role in accelerating NEV adop...

Hero Electric, Dhoot Transmission partner for wiring harness solutions

Hero Electric, India’s largest electric vehicle company, has partnered with Dhoot Transmission Pvt. Ltd for new wiring harness solutions. Under the partnership, Hero Electric’s products will be equipped with the lat...

59 products launched, unveiled on Day 1 of Auto Expo 2023

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

Rosmerta to showcase road safety digital solutions at Auto Expo 2023

Rosmerta, in association with SIAM, is all set to host the most promising awareness initiative on road safety. As a market leader in the mobility solutions, Rosmerta pioneers the innovation led products and solution...

EV startup Weber Drivetrain partners with Wuxi Lingbo Electronic Technology

Weber Drivetrain, a technology-driven EV startup for sustainability has announced a strategic Technology Transfer (TT) partnership with China-based Wuxi Lingbo Electronic Technology. Under this collaboration, Weber ...

As wedding bells ring, auto sales see overall growth of 26pc: FADA

Auto retail in November’22 saw an overall growth of 26 per cent, according to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA).

Wedding season gives an impetus to passenger vehicle sales in Nov 2022: FADA

Passenger vehicles retail sales in November’22 saw an overall growth of 21pc YOY, according to sales data released by the Federation of Automobile Dealers Associations (FADA). The sales were aided by the Great Indi...

Two wheelers retail sales grow by 24pc in Nov 2022: FADA

According to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a huge growth of 24% YoY but fell marginally by 0.9%, when compared to Nov’19, a pr...

Apollo Tyres inaugurates advanced R&D tyre testing facility

Apollo Tyres has inaugurated an advanced tyre testing facility, which is housed at its Global R&D Centre, Asia in Chennai, India. The new facility will help improve upon the efficiency and effectiveness of product d...

Marquardt Group expands in India, launches global R&D Centre in Pune

Marquardt India, a leading manufacturer of electromechanical and electronic switches and switching systems for automobiles and other sectors opened its global R&D centre in Pune. The centre with skilled engineers is...

Ultraviolette gets further funding from Qualcomm Ventures, Lingotto (Exor)

Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, has announced investments from Qualcomm Ventures and Lingotto to expand the Series D round.

Total vehicle retail for September’22 sees 11% growth, says FADA

The Federation of Automobile Dealers Associations (FADA) has stated that except tractors which decreased by -1.5%, all the other categories were in green. The two wheeler, three wheeler, passenger vehicle and commer...

Honda leads in 2 wheeler sales; Ola emerges leader in e-2wheelers: FADA

According to the Federation of Automobile Dealers Associations (FADA), the 2W segment is yet to show signs of any revival as it remains a drag by falling as much as -14% in retail sales for the month of September 20...

Passenger vehicles sales up by 10pc YoY: FADA

On YoY basis, total passenger vehicle retail sales for the month of September’22 saw a growth of 10%, according to the data released by Federation of Automobile Dealers Associations (FADA).

PM highlights significance of mobility sector at 62nd SIAM Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Ultraviolette raises series D investment from European investor Exor Capital

Ultraviolette Automotive Pvt. Ltd announced that it has raised a fresh round of capital from a fund managed by Exor Capital. This investment is part of an ongoing (Series D) round of funding, with Exor Capital as th...

Indian Auto Component Industry clocks highest-ever turnover of Rs. 4.2 lakh crore

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.

Suzuki Motorcycle India registers 76,230 units sale in July2022

Suzuki Motorcycle India Pvt. Ltd. (SMIPL),the two-wheeler subsidiary of Suzuki Motor Corporation, Japan recorded overall sales of 76,230units in July 2022, registering a year-on-year sales growth of 4.3% as compared...

Vitesco Technologies inaugurates new Rs 240 cr Talegaon facility in Pune

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

iCreate launches EVangelise’22, India’s largest EV innovation challenge

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

Mitsubishi Electric to invest Rs 220 crore in new factory in India

Mitsubishi Electric Corporation has announced that it will invest approximately Rs 220 crore or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India.

Okinawa emerges electric two wheeler champ, reveals FADA data

If there is one clear leader in the electric two wheeler space in India, it is Okinawa Autotech. According to retail sales data released by the Federation of Automobile Dealer Associations (FADA) for the month of Ma...

Two wheeler retail sales take a hit in May 2022, says FADA

Retail sales of two wheelers, primarily comprising of IC engine powered vehicles, slumped in the month of May 2022 as compared to May 2019.

Passenger vehicles retail sales in May 2022 on the rise, says FADA

The retail sales of passenger vehicles (PVs) in May 2022 have shown a significant growth compared to other segments, according to the data provided by the Federation of Automobile Dealers Associations (FADA). Even c...

Barring PVs, tractors, retail sales remain subdued in May 2022, says FADA

Domestic sales of automobiles, barring passenger vehicles (PVs) and tractors, in India continue to remain subdued in May 2022 if one were to compare it with the retail figures of the year 2019, as both 2020 and 2021...

Tata Motors signs MoU for potential acquisition of Ford India Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

Mercedes-Benz India appoints Vyankatesh Kulkarni as ED, Head of Operations

Mercedes-Benz India announced the appointment of Vyankatesh Kulkarni as the Executive Director and Head of Operations, India, effective June 1, 2022.

Toyota Kirloskar clocks 2 million cumulative wholesales in India

Toyota Kirloskar Motor (TKM) has announced that the company has achieved a significant milestone of two million cumulative wholesale units, ever since its inception in India.

BYD, Cimex sign deal for 50 units of e6 electric car in Nepal

Cimex Inc. Pvt. Ltd., BYD’s partner in Nepal, has signed an agreement for 50 units of BYD e6 with Self Drive Nepal Pvt. Ltd., a subsidiary of Spark Group for emission-free rental fleet operation. This is a single la...

Spinny acquires AI-powered car connectivity solutions startup Scouto

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered connected car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spi...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

BYD India appoints Sanjay Gopalakrishnan as Senior VP

BYD India, a subsidiary of China based BYD has appointed Sanjay Gopalakrishnan, as its Senior Vice President for its electric passenger vehicle business in India. Sanjay will be spearheading the Sales, Marketing, a...

Emkay sees 67% revenue growth for Tata Motors passenger vehicles

As per a research report released by Emkay Global Financial Services the overall revenue growth for companies (ex-Tata Motors) under coverage to remain flat YoY in Q3FY22, as volume growth was affected by temporary ...

Two-wheeler retail sales slide 20pc in December 2021: FADA

The Indian two-wheeler industry took a severe beating in domestic sales in the month of December 2021 as compared to December 2020 for a plethora of reasons that included high cost of ownership, bad rural sentiment,...

Semi conductor shortage puts spoke in car sales wheel in December 2021

With semi-conductor shortage continuing to play spoil-sport, passenger vehicle sales, in spite of huge bookings in December, closed in the red. Dealers, however, saw slight ease in vehicle supply thus giving some ho...

Tata Motors sales only silver lining in depressing Dec 21 domestic numbers

Though Maruti Suzuki continues to lead the pack of four-wheel passenger vehicle companies in India when it comes to December 2021 domestic sales, its numbers too fell for the month along with several other companies...

Shema  E-Vehicle & Solar Pvt. Ltd. (SES)unveils two new electric 2-wheelers

Shema Electric, an Odisha based EV startup, displayed its array of electric two wheelers at EV India Expo 2021. The company unveiled its SES Tuff (High Speed) and SES Hobby (Low Speed) e-scooters. It also showcased...

Eishin Chihana appointed new chairman of Yamaha Motor India Group

India Yamaha Motor (IYM) Pvt Ltd. has announced that Eishin Chihana has taken charge of the Group’s India operations as its new Chairman. Eishin Chihana has been associated with Yamaha Motor Company and its group co...

Gurpratap Boparai resigns as Skoda Auto India Managing Director

In a surprise corporate development, Gurpratap Boparai Managing Director of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has put in his papers with effect from January 1, 2022. The company stated that his successor...

Honda 2Wheelers India commences global engine manufacturing from Gujarat plant

Honda Motorcycle and Scooter India Pvt. Ltd. commenced the manufacturing of global engines from its 4th factory at Vithalapur (Ahmedabad district), Gujarat. Powering its 250cc (& above) category two-wheelers, the de...

Sports icon Sachin Tendulkar invests in Spinny car rental platform

Spinny, the pioneering full stack online-to-offline user car retail platform, has partnered with Indian sporting legend Sachin Tendulkar. Sachin is a strategic investor in the company, as well as lead brand endorser...

Raasta Autotech appoints Ashok Taravath as Chief Operating Officer

Raasta Autotech Pvt. Ltd. (Raasta Autotech), a one-stop Car & Bike solution provider has appointed Ashok Taravath, a seasoned leader with a track record of driving sales and operations across multiple industries and...

MG Motor India, Clean Max partner for wind solar hybrid energy

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (Clean Max), Asia’s most trusted sustainability partner, for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facilit...

Volkswagen announces start of production of new Tiguan in India

Volkswagen Passenger Cars India announced the start of production of its latest SUVW, the new Tiguan at its Aurangabad plant. With this, Brand Volkswagen fulfils its commitment of launching four new SUVWs by 2021 in...

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...

DETEL STORY: Phones, televisions & now an electric 2 wheeler for masses

Dr Yogesh Bhatia, CEO & Managing Director of SG Corporate Mobility Pvt.Ltd is someone who has been fulfilling the dreams and aspirations of the masses. From being a seller of SIM cards, branded mobile phones and ele...

Honda 2Wheelers India breaches 50 million domestic unit sales milestone

Honda Motorcycle & Scooter India announced the accomplishment of 5 crore (50 million) cumulative two-wheeler domestic sales in the country since start of its sales operations in 2001.

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

At 15,56,777 units, auto sales increase by 34pc in July 2021: FADA

According to the latest retail data provided by the Federation of Automobile Dealers Associations (FADA), total vehicle retails for the month of July 2021 have increased by 34.12% on year on year basis. When compare...

Nissan Magnite exported to Nepal, Indonesia, South Africa

Nissan India has announced the exports of the all-new Nissan Magnite in Indonesia, South Africa and Nepal. Since the launch of the all-new Nissan Magnite in December 2020, Nissan India has produced 15,010 sub-compac...

Omega Seiki Mobility inks deal with Arjun Maini for DTM race

In continuation of its efforts to promote India and Indians globally, Omega Seiki Mobility Pvt. Ltd. (OSM), part of the Anglian Omega Group has announced its partnership with India’s first DTM driver Arjun Maini for...

Bloodbath in Auto Industry for May 2021, reveals FADA retail data

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...

First unit of all-new Skoda Kushaq rolls off production line at Pune plant

Skoda Auto India has started production of the Kushaq at the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) plant in Chakan, Pune. Customer deliveries are planned to begin in July 2021. The Skoda Kushaq comes with TS...

CESL signs agreements for over 30,000 e-vehicles with Goa, Kerala

Convergence Energy Services Limited (CESL), a 100% subsidiary of Indian government owned Energy Efficiency Services Ltd (EESL) has forged key partnerships on World Environment Day in an effort to further the deploy...

Indian auto industry covid-19 relief: Part 4

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Satoshi Uchida is Head of Suzuki Motorcycle India

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), announced the appointment of Satoshi Uchida as the new company head. As a part of the SMC’s global revamp, Satoshi Uchida succeeded Koichiro Hirao with effect from May 1, 2...

Donations, service extensions, plant shut downs in auto industry

Plant shutdowns, donations and service extensions are being increasingly witnessed in the Indian auto industry.

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

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...

Indian auto companies shut down, divert oxygen for medical purposes

Indian auto companies like JCB India, MG Motor India, Maruti Suzuki and Hero MotoCorp have either shut down or are shutting down their plants for a few days as a result of the prevailing covid-19 conditions. Some of...

Omega Seiki MoU with C4V to introduce solid state batteries in India

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

ACMA Automechanika show gets virtual with no physical meeting

Marking the launch of ACMA Automechanika's virtual edition, Messe Frankfurt India along with ACMA (Automotive Component Manufacturers Association of India) will welcome aftermarket players on its online networking a...

Auto registrations fall year on year by (-) 28.64pc: FADA

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

FY2020-2025 revenue to remain modest for Indian Components industry, says ICRA

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Mahindra offers customers India’s first one-stop solution for vehicle scrapping

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

Pvt vehicles have 20 years, CVs 15 years for deregistration

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

Truck man Marc Llistosella is now car man too; New CEO & MD of Tata Motors

Marc Llistosella has been appointed to the role of Chief Executive Officer and Managing Director of Tata Motors company effective July 1, 2021.

Tractor sales continue to soar in India for Jan 2021

Barring very few tractor makers in the country, the remaining manufacturers recorded positive domestic sales for the month of January 2021 as compared to January 2020.

Tata Motors, Hyundai, Kia, MG among gainers in Jan 2021 domestic car sales

While a majority of Indian passenger car companies saw a fall in domestic car sales in January 2021 as compared to the corresponding period last year, a few companies like Tata Motors, Hyundai Motor India, Kia Motor...

Royal Enfield, Yamaha, BMW buck failing 2w sales in Jan 2021

Barring companies like Royal Enfield, India Yamaha and BMW India, almost all two wheeler manufacturers in India registered a slump in sales in January 2021 as compared to January 2020. The growth for several compan...

Indian Auto Industry starts 2021 with negative January sales

The year 2021 seems to have not begun on a right note for the Indian automobile industry when it comes to domestic sales. After showing a one-time YoY growth in December, 2020, January 2021 registrations once again ...

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 ...

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Honda Shine brand crosses 90 lakh plus sales milestone

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) brand Shine, its 125cc motorcycle has now crossed 90 lakh sales since its launch in the year 2006. The Shine motorcycle enjoys the highest market share of 39 per cen...

More than 50,000 Jawa motorcycles sold in India

Classic Legends has sold more than 50,000 units of Jawa motorcycles. This has been achieved in an effective 12 months of full operations, considering a complete halt during the lockdown period with near zero invento...

Classic Legends delivers 2000 Perak motorcycles in festive season

Classic Legends Pvt. Ltd. has successfully delivered around 2000 units of its Perak model during this festive period. Classic Legend’s growing sales performance is boosted by the BS6 variants of Jawa and Jawa forty ...

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

Honda 2Wheelers begins exports of SP125 motorcycle in CKD form

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) announced the exports of its next generation 125cc, the SP125 to Europe. The motorcycle is exported via the CKD route. Consignments carrying over 2000 CKD kits of ...

Automotive dealerships grappling tough times, says ICRA survey

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

eMatrixmile, Magenta to install QYK POD charging stations for EVs

A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of 'QYK POD' charging stations with associated infra...

Ultraviolette Automotive receives Rs 30 crore funding from TVS

Following the successful nationwide unveiling of its high-performance motorcycle - the F77, Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it had received an additional inve...




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