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.
Gulf Oil Lubricants India Limited, one of India's leading lubricant companies, announced the launch of its new range of Gulf Syntrac, 100% fully synthetic premium motorcycle engine oil range, at the r...
Uno Minda, a leading player in the automotive aftermarket industry, has announced the launch of its EV range rear view mirror (RVM), tailored to deliver improved visibility, durability, and peace of m...
BMW Group India is accelerating its network expansion in the Delhi NCR region with the opening of Bird Automotive’s third showroom in Gurugram. Situated at Trilium Avenue, Sector 29, Gurugram Haryana,...