What Lies Ahead In India’s EV Ride
India’s automobiles industry is seeing the worst slowdown in nearly two decades. Amid distress calls over the slump in national sales figures, auto giants have also been voicing concern over a Niti Aayog proposal to push for full conversion to…
Micromax Founder Rahul Sharma’s New Offering: Electric Bikes
Micromax co-founder Rahul Sharma’s new electric two-wheeler startup Revolt Intellicorp has launched two electric motorcycles with what the it calls the first plan in India that offers motorcycle-as-a-service. This plan claims to address the challenge of the high cost that…
MG Motor India will be Collaborating With Delta Electronics To Setup Electric Vehicle Charging Infrastructure In India
As part of its commitment to developing the ecosystem for EVs in India, MG Motor India today announced its partnership with Delta Electronics India, a leading player in the AC charging segment. As part of the association, Delta will install AC…
Amitabh Kant : Cost Of Electric Vehicles To Be At Par With Combustion Engine Cars In 3-4 yrs.
NITI Aayog CEO Amitabh Kant on Wednesday said the cost of electric vehicles will almost become at par with combustion engine cars in the next 3-4 years, largely owing to decline in battery price and India should be ready for…
Maruti Will Fire 3000 Temp Workers Due To Low Car Sales
On Tuesday, Maruti Suzuki India Ltd former CEO and current Chairman Mr R.C. Bhargava has informed that their company didn’t renew contracts for 3,000 temporary employees as a consequence of the slowdown in the automobile industry. As he said that contractual workers give flexibility to operations…
KEL, Toshiba In Talks For Making Batteries For Vehicles
The State-owned Kerala Electrical and Allied Engineering Company is in discussions with Toshiba to manufacture fast charging lithium ion batteries for electrical vehicles. A team from Toshiba from Japan visited the Mamala unit of KEL on Tuesday. The Japanese team…
Harley Davidson Launches BS-VI Emission Norm Compliant Bike In India At Rs 5.47 Lakh
American cult bike maker Harley Davidson on Tuesday launched its first BS-VI emission norm compliant bike, Street 750, in India priced at Rs 5.47 lakh. The company which has completed 10 years of operations in India, has also launched a…
Govt Measures Fail To Accelerate Auto Stocks
Auto shares were mixed as the government did not provide GST relief to the auto industry. The S&P BSE Auto index was down 0.25% at 15,689.26. It underperformed the Sensex, which was up 249.86% at 36,951.02. Hero MotoCorp (down 2.2%),…
Toyota Kirloskar Motor To Keep Selling Diesel Models In India
Toyota Kirloskar Motor (TKM) is planning to continue to sell diesel models in the country even as prices of such vehicles are expected to go up significantly with the upcoming BS-VI emission norms from April 1 next year, a top…
Pawan Munjal Planning To Invest In Ola Electric
Ola Electric is soon going to get a new Billionaire investor who also happens to be one of the most eminent personalities in the Indian auto industry. According to a news report published by Mint, Pawan Munjal- Chairman of Hero MotoCorp…
