MG Motors’ Entry-Level EV For India Uncovered, Will Be Priced Around INR10 Lakh
MG Motors India is planning to launch an ultra affordable EV sometime next year, which would cost about Rs 10 Lakhs. The upcoming EV will be based on a kei-car design, with 2 sliding doors, and 39bhp drive train. The…
Yamaha’s MBSI Forays Into Two-Wheeler Leasing
Yamaha’s mobility solutions subsidiary, Moto Business Service India (MBSI) announced its India operation with 2-Wheeler Asset Management Services in New Delhi. The company’s first investment is with Zypp Electric, a last-mile delivery service, with the launch of 250 Hero Electric…
ElectricPe Welcomes Rohit Agarwal as CTO
ElectricPe, India’s most trusted EV charging platform, today announced the appointment of Rohit Agarwal as its Chief Technology Officer (CTO). As the company rapidly scales the public charging infrastructure network on its platform to 100,000 points by the end of…
Sales Of Electric Two-wheelers Increased By 19X In The Last Fiscal Year: OTO
OTO, a buying and financing platform has released its first annual report on two-wheeler trends data such as top-performing brands, demand in cities and categories which are driving the demand for financing in India. The report also highlights the change…
Omega Seiki, Grip Join Hands For Retail Tie-up
Omega Seiki Mobility has partnered with Grip, an alternative investment platform for retail investors. Under the partnership, Grip will finance 1,000 units of electric three-wheelers Rage+ and Rapid of Omega Seiki. In a press note, both companies said they aim…
Hindustan Motors Set To Enter The Electric Two-Wheeler Space
Hindustan Motors, previously popular for its Ambassador and Contessa, is now set to re-enter the automotive market but with an electric two-wheeler instead of a car. It recently signed an MoU with a currently undisclosed European brand and is set…
Ambassador To Make A Comeback As All-New Electric Sedan, To Be Manufactured In Chennai
Hindustan Motors Ltd had sold the Ambassador name to Peugeot for Rs 80 cr which included the brand and rights. The Ambassador needs no introduction and these days, this icon has disappeared from our roads save some for the iconic…
Tesla Won’t Manufacture In India Unless Allowed To Sell, Service Cars: Elon Musk
American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to first sell and service its cars in the country, company founder…
Komaki Launches Komaki DT 3000, LY Electric Scooter With Anti-Skid Feature
Komaki has launched two new electric scooters in the Indian market, including the Komaki DT 3000, Komaki LY electric scooter. The company claims that both the electric scooters have modern features. Let us know all the details from the price…
EV Fire Incidents: Serious Defects In Batteries, Design And Modules Observed, Says DRDO
The Defence Research & Development Organisation (DRDO) which was tasked with investigating EV (electric vehicle) fire incidents by the Union Road Transport and Highways Ministry, has discovered serious defects in the batteries, including the designs of the battery packs and…
