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…
Govt To Slow Down Electric Vehicle Push As Auto Industry Struggles
As automobile industry looks at the worst sales figures of the past 19 years, the Indian government has reportedly decided to slow down its push for electric vehicles adoption. According to the Society of Indian Automobile Manufacturers, the auto industry has recorded…
Maruti Suzuki Seeks Tax Relief For Hybrid, CNG Cars And Electric Vehicles
The country’s largest carmaker Maruti Suzuki India (MSI) is pitching for tax relief for hybrid and CNG cars in addition to electric vehicles in order to promote green mobility in the country. MSI Chairman R C Bhargava said there is…
Hero Electric Optima And Nyx Extended Range Variants Launched
Hero Electric has launched the Optima ER and Nyx ER, which are essentially extended-range variants of the standard models. The former is priced at Rs 68,721 and the latter costs Rs 69,754 (both, ex-showroom pan-India). One of the main concerns for mass adoption of…
First Instant-Charging Electric Three-Wheeler In India Unveiled By SHADO Group, Singapore
SHADO Group, one of the world’s leading provider of Electric Vehicle technology and charging infrastructure from Singapore, announces today the unveiling of India’s first affordable, low voltage, high-performance instantly-charged electric three wheelers: ERICK. Developed by Adarin Engineering Technologies, a SHADO…
July 2019 Marked An Inflection Point And Auto Industry Sales Fell By A Record 40% Pushing Many Into The Red
When a reputed global news agency like Reuters carries a news report on August 6, 2019 that since April 2019, automobile and auto component units and automobile dealers in India have laid off 350,000 workers, it is bound to send…
