iVoomi Energy, one of the fastest-growing EV companies in India, announced its expansion plans by investing Rs 200cr towards Research & Development (R&D) and setting up a brand new manufacturing facility in Pune, Maharashtra.
Additionally, after setting up a manufacturing plant in Pune, this will be the fourth manufacturing unit of the company in the country. The new manufacturing facility will be a fully-integrated electric two-wheeler plant that will be operational from March 2023. As a result, the company will also generate local employment, and will provide jobs to more than 2,000 people. The investment will increase the facility's production capability by 60,000 plus units, taking the production number from 1,80,000 units a year to 2,40,000 units a year. The company aims to roll out more than 2,00,000 units by the end of FY 2023.
Studds Accessories has announced the launch of the Jet Toxic, an all-new graphics that blends youthful design with. Jet Toxic is developed on the company’s popular Jet model, retaining its dependable ...
Luxury automotive manufacturer JLR has reengineered one of the most structurally important but carbon intensive components within its future vehicles -the instrument panel crosscar beam.
Marelli, a global mobility technology supplier to the automotive sector, unveiled its new solution for Intelligent Energy Management for hybrid and electric vehicles at CTI Europe 2025, in Berlin (Ger...