Hero MotoCorp-backed electric two-wheeler maker Ather Energy said on Monday its plans for a second manufacturing facility, which once commissioned in 2022, will expand its capacity to 4 lakhs vehicles per year from 1.20 lakh units at present. The new facility will be rolled out in Hosur, Tamil Nadu...
Nov 30, 2021
Pre-owned Vehicles Marketplace Shriram Automall India Ltd (SAMIL) has joined with Daimler India Commercial Vehicles (DICV) to expand its used vehicle exchange business into the commercial vehicle (CV) space. In accordance with the strategic partnership, SAMIL will provide online auction platforms to...
Nov 29, 2021
Nissan Motor Co. will invest 2 trillion yen ($ 17.6 billion) over the next five years to electrify more of its lineup and tu<br> battery-powered cars into a pillar of its long-term growth. The Japanese company said Monday it will introduce 23 new models by fiscal 2030, including 15 new electric cars...
Nov 29, 2021
Mobility firm, Bounce and Park +, an app for car users, have announced that they have entered into a strategic partnership to boost the electric vehicle ecosystem across the country by establishing 3,500+ battery swapping stations across 10 cities in India. This smart framework will be available in ...
Nov 26, 2021
Auto components major Bosch Ltd said on Thursday that it has partnered with Deutsche Gesellschaft fur Inte<br>ational Zusammenarbeit (GIZ) GmbH to jointly launch a green urban mobility innovation initiative to implement smart and sustainable mobility solutions in various cities in India. GIZ is a Ge...
Nov 25, 2021
Union Minister Nitin Gadkari has stated that the Indian gove<br>ment is considering a proposal to provide more tax concessions on purchased vehicles after scrapping old models under the recently introduced scrappage policy. At the recent inaugural event of the gove<br>ment-approved Maruti Suzuki Toy...
Nov 25, 2021
Tata Motors has discreetly hiked prices of select models in its lineup. Tiago, Tiago NRG, Tigor, Altroz, and Nexon EV undergo a price revision, while Safari, Harrier, Punch, and Nexon EV continue with the existing ex-showroom prices. All manual and AMT variants of the Tata Tiago hatchback (ex...
Nov 24, 2021
Maruti Suzuki Toyotsu India (MSTI), a joint venture (JV) between Maruti Suzuki India (MSIL) and Toyota Tsusho Corporation, has opened its first gove<br>ment-approved Vehicle Scrap and Recycling (ELV) unit in Noida, Uttar Pradesh. Built with an investment of Rs 44 crore, the 10,993 square meter faci...