The Indian govement has issued Rs. 212.31 crore for the purchase of electric buses as of January 31, 2021. According to a report from PTI, this amount was approved by the center under the second phase of the FAME-II scheme, which was informed to Parliament. FAME (Faster Adoption and Manufacturing of...
Tata Motors announced that it has partnered with several public and private sector banks and NBFC to offer a wide range of financing offerings to its commercial vehicle customers with minimal paperwork. The automaker said ties would benefit both new and used car customers.Among the private sector ba...
Omega Seiki Mobility aims to bring in several electric products, including a two-wheeler, four-wheel cargo cart, and tractor, over the next two years, according to a senior company official. The company, which is part of the Delhi-based Anglian Omega Group, is also aiming to set up manufacturing fac...
JCB machines are a sight to behold in places ranging from construction to disaster and beyond and offer a wide variety of applications. While this heavy machinery was powered by diesel thus far, the company launched the country's first backhoe loader with the option of CNG. JCB India Limited on Wed...
Major passenger car company Ola is pushing electric scooter manufacturing and plans to enter the market with its first vehicle in January next year people familiar with the matter saidSources close to the project said the electric scooter, which was initially made at a facility in the Netherlands, w...
Commercial vehicle (CV) volumes are expected to decline 25 to 28 percent this fiscal year amid multiple headwinds combined with the impact of the pandemic, and the outlook for the sector remains "negative" due to ongoing challenges, rating agency Icra said Wednesday. In the previous fiscal year, th...
Tata Motors revamped its range of commercial vehicles for the future. The entire range of vehicles, from sub-1 tonne to 55-tonne gross vehicle/combination weight, is powered by efficient engines and provides a reduced total cost of ownership (TCO) for all users: fleet operators, transport operators ...
Hyundai Motors has showcased the HDC-6 Neptune Concept, a hydrogen-powered Class 8 heavy-duty truck at the H2Mobility + Energy Show 2020 in South Korea. Hyundai plans to launch the HDC-6 Neptune hydrogen truck by developing an enhanced fuel cell powertrain technology with high durability and power, ...
Mahindra and Mahindra (M&M) said on Monday that they have unveiled a new group of Sarpanch Plus tractors in Maharashtra, with the launch of the Sarpanch Plus 575 model priced at Rs 6.60Lakhs(previous showroom, Maharashtra). Mahindra Sarpanch Plus 575 is an upgrade as compared to the Sarpanch 575 whi...