MG Motor India is now JSW MG Motor India Pvt Ltd

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

Asiabrake 2024 explores latest advancements, trends in brake systems engineering

Asiabrake 2024, the 10th Annual Conference & Exhibition has brought together industry leaders, experts, and enthusiasts to explore the latest advancements and trends in brake systems engineering.

Prime Minister reviews India's first indigenous alkaline electrolyser by BPCL

Bharat Petroleum Corporation Limited (BPCL), a leading player in the energy sector, marked a significant milestone at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the fir...

BMW sells record 14,172 cars, 8768 bikes in CY 2023 in India

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

Aditya Jairaj is new CEO & MD of Stellanits India

Stellantis India announced the appointment of Aditya Jairaj as CEO and Managing Director with effect from Jan 01, 2024. Aditya currently Deputy Managing Director, Stellantis India and Head – Jeep India, will succeed...

Premium electric motorcycle startup Raptee raises $3 million

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

Wardwizard leaps ahead in the EV Ancillary Cluster Vision

Wardwizard Innovations and Mobility Ltd., a pioneering electric vehicle manufacturer in India under the brand 'Joy e-bike', has taken a progressive step in the vision of establishing its EV Ancillary Cluster by sign...

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...

DriveX with Rs 12–14 crore turnover in FY23 aims 10X YOY growth

In an interview with Motown India’s Roy P Tharyan, the Co-founder & CTO, DriveX, Christopher Sargunam, talks about his company’s short journey since its initial investment from TVS. DriveX has also been co founded b...

Electric two wheeler industry besieged with woes of a strange kind

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

SAIC of China to give up majority equity stake in MG Motor India

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

Rajan Mittal is new President at Isuzu Motors India

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the top management. The company which is headquartered in Chennai in Tamil Nadu, has a manufacturing plant in Sri C...

India should make 2, 3 wheelers sales 100% electric in next 5 years: Kant

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

DriveX launches two-wheeler refurbishment centre in Coimbatore

Asia’s first multi-brand affordable mobility platform and India’s first and only digital-first two wheeler platform, DriveX has launched its first state of the art DriveX Technical Centre, a highly developed service...

BorgWarner electric propulsion engineering centre in Bengaluru

BorgWarner has opened a 95,000 square foot electric propulsion engineering centre in the Whitefield neighborhood of Bangalore, India. The team there will work on inverters, DC/DC converters, on-board chargers, integ...

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...

Lectrix EV plans 300 dealerships by mid-2023

Lectrix EV, the electric mobility arm of SAR Group, said that it will expand its network in India by adding 300 dealerships by mid-2023. The electric two-wheeler company, which started operations earlier this year, ...

Uber introduces new tech features, strengthens safety support

App based taxi service provider Uber has announced the launch of new and expanded technology-led safety features and strengthened customer support in India. The company that celebrates ‘standing for safety’ as its c...

Schaeffler Group inaugurates software technology centre in India

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

Honda Cars India signs agreement with MSTI for vehicle scrapping

Honda Cars India Ltd. (HCIL) has announced that it has signed an agreement with Maruti Suzuki Toyotsu India Private Limited (MSTI) to offer its customers, an end-to-end solution for scrapping their End of Life Vehic...

Grupo Antolin opens Global Design and Business Services office in Pune

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

Skoda Auto India marks new peaks with India as growth hub

Skoda Auto India celebrated the last quarter of 2022 with an international congregation in the picturesque backdrop of the Himalayas in Dehradun. The peak-to-peak drive showcased the achievements of the company and ...

Rs 14 crore gift from TVS Motor Company for WMG, University of Warwick

A substantial gift of 1.5 million British pounds (approx Rs 14 crore) from TVS Motor Company will help create a crucial new Professorial post in WMG, University of Warwick - the Lord Bhattacharyya Chair in Engineeri...

PM inaugurates DefExpo22 in Gandhinagar, Gujarat

Prime Minister, Narendra Modi inaugurated the DefExpo22 at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat.

ASDC Annual Conclave emphasises on building a skilling ecosystem

Speakers and participants at the Annual Conclave of the Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, urged upon the need to reinvent people, places, and practices to embrace...

TVS SCS to train 2000 rural youth every year to be ‘employment ready’

TVS Supply Chain Solutions (TVS SCS), one of the largest and fastest growing supply chain solutions providers in India, announced the inauguration of its Training Academy at Oragadam, industrial corridor, near Chenn...

PM lays foundation stone for Suzuki electric vehicle battery plant

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

Mahindra inaugurates state-of-the-art EV design studio in UK

Mahindra& Mahindra formally inaugurated its new design centre of excellence in the UK, Mahindra Advanced Design Europe (M.A.D.E), which will serve as the conceptual hotbed for the company’s portfolio of EV products.

Ather Energy sold 2389 units in July ‘22; registers 24% year-on-year growth

Electric scooter manufacturer Ather Energy sold 2389 units in July ’22, thereby registering a 24% year-on-year growth. The company, it may be recalled, has introduced the new 450X Gen 3- now powered by a 3.7 kWh bat...

Mercedes-Benz R&D India gets Zinnov recognition for 2022

Mercedes-Benz Research and Development India (MBRDI) has been announced as a Great Place to Innovate at the 13th edition of Zinnov Awards 2022. These annual awards recognise, honour, and celebrate the tech titans of...

Toyota Kirloskar Motor , NSDC along with ASDC collaborate

Toyota Kirloskar Motor [TKM] announced the signing of a Memorandum of Understanding (MoU) with National Skill Development Corporation (NSDC) and Automotive Skill Development Council (ASDC) to enhance student skill w...

Schaeffler India Inaugurates first aftermarket experience centre in Pune

Integrated automotive and industrial supplier, Schaeffler India has inaugurated its first aftermarket experience centre in Pune. The Aftermarket division of Schaeffler is responsible for the spare parts business of ...

BHTC inaugurates manufacturing facility and R&D centre in Pune

Behr-Hella Thermocontrol GmbH (BHTC), a global technology leader in the field of Automotive Displays / HMI Solutions and climate control and thermal management, has announced the launch of its state of the art, full...

ASDC hosts Partners Forum for workforce upskilling in automotive industry

After two-year hiatus owing to the pandemic, the Automotive Skills Development Council (ASDC), India's first sector skill council for automobile industry successfully organised skill-oriented brainstorming ASDC’s Pa...

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 ...

Rahul Rajupalepu to lead Stellantis Global Digital Hub in India

Stellantis has named Rahul Rajupalepu as the new Head of its Global Digital Hub in India. He succeeds Karim Lalani, who has taken up a new role as the Chief Technology Officer - North America ICT and Digital within ...

Indian EV industry can leverage from Korea’s battery expertise

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Top management change at Isuzu Motors India

Isuzu Motors India has announced some key top level management changes. Wataru Nakano, General Manager, LCV Business Dept., at Isuzu Motors, Japan has taken over from Tsuguo Fukumura, as the President and Managing D...

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...

HOP Electric Mobility expands to 100+ experience centres in India

Hop Electric, an electric vehicle manufacturer, has reached up to 100+ experience centres across India. In terms of future prospects, Hop Electric Mobility is planning to expand its retail footprint in more than 300...

Bridgestone India Inaugurates Institute for Mobility Solutions

Tyre major Bridgestone India has inaugurated a first-of-its-kind Mobility Solutions Institute in India. Through this state-of-the-art facility, the company aims to enable their various stakeholders, employees, deale...

Skoda Auto expands market presence in northern India

Skoda Auto India has stretched its growth story even further by steadily expanding its market presence in northern India. This has resulted in an increase of customer touch points from 25 in 2019 to 51 in 2022 acros...

Klaus Zellmer appointed new CEO of Skoda Auto as of July 1, 2022

As of July 1, 2022, the new Chairman of the Board of Management of Skoda Auto a.s. will be Klaus Zellmer, who is currently the Volkswagen brand Board member responsible for Sales, Marketing and After Sales.

MG Motor Halol plant to roll-out ZS electric vehicle 2022 soon

MG Motor's state-of-the-art manufacturing facility in Halol - Gujarat, will roll-out soon-to-be-launched ZS EV 2022 which mirrors MG's global U.K design cues. The new ZS EV brings to passengers best in class comfort...

Automovill forays in Eastern and Central India

Automovill, a full-stack mobility start-up has announced the foray in Eastern and Central markets in India. The brand has launched new workshops in the key cities - Kolkata, Ranchi, Bhubaneshwar, Siliguri, Bhopal, ...

Hero Electric, Mahindra to produce Hero, Peugeot Motocycles e-2 wheelers

Hero Electric and the Mahindra Group announced their collaborative intent wherein the latter Group will manufacture Hero Electric’s most popular electric bikes – Optima and Nyx at their Pitampur plant to meet the gr...

MG Motor India, ACMA to promote skill development in EV component industry

MG Motor India has joined hands with the Automotive Component Manufacturers Association of India (ACMA) with a vision to educate and foster skill development in the EV component industry.

Evtric Motors unveils 3 new EV products at EV India Expo 2021

Evtric Motors, a new venture in electric vehicle space, showcased three electric two-wheelers in high speed category- Evtric Rise (motorcycle), Evtric Mighty (scooter) and Evtric Ride Pro (scooter) at the EV India E...

Okinawa Autotech achieves 1,00,000+ domestic sales in 2021

Okinawa Autotech electric two-wheeler manufacturer has surpassed 100,000 domestic sales of its high-speed and low-speed models. The sales momentum this year has primarily been driven by the hugely popular and locall...

Simple Energy to invest Rs 2500 crore in new plant in Tamil Nadu

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Okinawa sets up first experience centre in Dehradun

Okinawa Autotech, a leading electric two-wheeler manufacturer has launched its first ever Experience Centre, Galaxy in Dehradun - the capital of Uttarakhand. At Okinawa Galaxy, customers can experience the products ...

Millennials, Gen Z appetite for used cars on the rise: Cars24 Ipsos Report

Ever wondered why sale of new cars has been sliding in the recent past in India? Could it be because of the increased preference among millennials and Gen Z for used cars? Young buyers, who account for 80% of buyers...

Ather Energy 2nd manufacturing facility in Hosur by 2022

Ather Energy, India’s leading EV scooter brand, commissioned its second manufacturing facility in Hosur to cater to the growing demand of its electric scooters - the 450X and 450 Plus. The company plans to manufactu...

TomTom unveils new world-class office space in Pune

TomTom (TOM2), the geo location technology specialist, announced the opening of its new office space in Pune, Maharashtra. Spread over 100,000 square feet, the state-of-the-art facility can accommodate up to 1000 em...

Greaves Electric inaugurates Rs 700 crore plant in Ranipet, Tamil Nadu

Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre...

TVS Scooty achieves a new milestone, sales cross 5 million mark

TVS Motor Company has announced that the TVS Scooty has crossed the sales milestone of 5 million units. TVS Scooty range has been synonymous with female mobility in India for more than three decades in India.

Cars24 to launch Mega Refurbishment Labs in major Indian cities

Cars24, a leading e-commerce platform for pre-owned vehicles, has announced the launch of seven company-owned refurbishment centres called Mega Refurbishment Labs (MRLs) this year. These MRLs will be set up across 3...

Vinod Aggarwal  takes over baton from Nikunj Sanghi at ASDC

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

Hero Electric to hike production capacity to over 5 lakh by March 2022

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

Ford to cease manufacturing vehicles in India: shuts down plants

Ford India has announced that it will cease manufacturing vehicles for sale in India immediately. The manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engi...

TVS Srichakra forays into Indonesia with Eurogrip 2-wheeler tyre range

TVS Srichakra, a leading manufacturer of 2 & 3-wheeler and off-highway tyres, announced its foray into the Indonesian market with Eurogrip range of tyres.

Ampere Experience Center unveiled for electric vehicles

Ampere Electric, the e-mobility arm of Greaves Cotton and one of the leading players in the electric 2-wheelers and electric 3-wheelers has unveiled its first Ampere Experience Center in Ranipet in the southern stat...

Mahindra inaugurates state-of-the-art Mahindra SUV Proving Track

From silk saris to a silky smooth track for testing vehicles. The age-old city of Kanchipuram, in Tamil Nadu, is known for its magnificent temples and the exquisite silk wear that includes the traditional saris. Now...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

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...

Interview with Woosuk Leem, Managing Director, AS Parts Division, Mobis India

Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.

TVS Srichakra enters Europe two-wheeler tyre market with Eurogrip brand

TVS Srichakra Ltd., one of India’s leading manufacturers of 2 & 3 wheeler and off-highway tyres, announced its foray into the European market with its new range of Eurogrip two-wheeler tyres customised to meet the E...

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...

Donations, service extensions, plant shut downs in auto industry

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

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...

Stellantis announces key leadership appointments for India & Asia Pacific region

Stellantis India & Asia Pacific has announced key leadership appointments for its operations both within in India and the region. Roland Bouchara, has been appointed to the role of CEO &Managing Director for Stella...

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...

TVS Motor Company appoints Timothy Prentice as Vice President – Design

TVS Motor Company has appointed Timothy (Tim) Prentice as Vice President – Design at TVS Motor Company. Tim is among the most acclaimed motorcycle designers globally, with significant motorcycle design milestones an...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

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 ...

ICAT event stresses on new tyre technologies, including airless tyres

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

Slew of Jeep SUVs in India soon as FCA India lines up $250m Investment

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

Honda Cars India stops production at Greater Noida factory

Honda Cars India Ltd. (HCIL) has stopped production of its cars at its Greater Noida plant. The Japanese company has two plants in India, one in Greater Noida which was established first, and the other at Tapukara ...

Daimler, Infosys tie up for technology-driven IT infrastructure transformation

Daimler AG and Infosys of India have announced a long-term strategic partnership for a technology-driven IT infrastructure transformation.

Maruti Suzuki, Microsoft introduce HAMS technology for driver training

Maruti Suzuki India in collaboration with Microsoft Research India has developed a smart phone based technology for testing applicants seeking driver’s license. The technology - HAMS (Harnessing Automobile for Safet...

Tata Technologies, GKN Automotive join forces

Tata Technologies, a global engineering and product development digital services company, and GKN Automotive, a global leader in driveline systems and advanced ePowertrain technologies, announced the opening of an a...

Bridgestone custom built Potenza tyres for Maserati MC20

Bridgestone has been selected as the exclusive tyre supplier for the MC20, Maserati’s new super sports car. This collaboration between two industry leaders conquers new ground, with Bridgestone enhancing the incredi...

CV Raman of Maruti Suzuki answers 23 critical questions for car owners

23 Questions every car owner should be able to answer Interview with CV Raman, Sr. Executive Director, Engineering, Maruti Suzuki India Ltd. Raman san answers 23 critical question for car owners.

ABB India new robotics facility to cater to automotive industry

ABB India has opened a new robotics facility in Bengaluru in the state of Karnataka in South India to cater to several industries including automotive. ABB is one the leading suppliers of robot, robot systems and ma...

 Vikram Pawah to head BMW Group in India as well as in Australia

Vikram Pawah has been appointed as the President of BMW Group India effective August 1, 2020 along with his present role as Chief Executive Officer of BMW Group Australia and New Zealand.

GWM, Maharashtra govt sign MoU; Commits US $ 1 billion investment in India

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

BMW, Mercedes-Benz, TVS, Royal Enfield, VECV, others resume production

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

Hero Motocorp halts operations at all manufacturing plants globally, including India

Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March...

Maruti Suzuki halts operations at Haryana facilities

Maruti Suzuki Ltd, the country’s largest car manufacturer has decided to close production at its plants in Haryana following the Government policy that now requires closure of such production facilities across the s...

Valeo Group appoints Jayakumar G as India Group President, MD

Valeo, the global automotive technology supplier has appointed Jayakumar G as the India Group President and Managing Director. Jayakumar is currently the Managing Director of Amalgamations Valeo Clutches Private Lim...

Mahindra Ecole Centrale develops Autonomous Underwater Vehicle

Mahindra Ecole Centrale (MEC) has announced the launch of its first Autonomous Underwater Vehicle (AUV) named Black Pearl. Created by MEC students and mentored by their professors, the Black Pearl is a self-propelle...

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...




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