Buoyant auto demand impact: JK Tyre to invest INR 1680 cr for production ramp-up

JK Tyre & Industries is set to make a cumulative investment of INR 1680 crore, in two tranches starting this quarter, to increase production capacity and tap emerging demand potential in the automotive industry. The company has plans to enter the luxury tyre segment, where it is lacking now, right u...

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Switzerland Considering Banning EVs During Winter Amid Energy Shortage

Switzerland is considering applying restrictions on the use of electric vehicles for non-essential purposes in the winter, as it expects an electricity shortage. Switzerland generates most of its electricity through hydroelectric and other renewable power plants. With these, Switzerland exports...

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Amara Raja Batteries plans to invest Rs 9,500 cr battery mfg, R&D in Telangana

New Delhi: Amara Raja Binders Ltd said on Friday said it intends to invest Rs 9,500 crore within the next 10 years in Telangana to set up research and manufacturing facilities for the manufacture of lithium-ion batteries in the state. The company signed a memorandum of understanding with the Telanga...

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Haryana to introduce vehicle scrappage policy - Autonexa

Chandigarh: The Haryana state govement on Thursday said it will launch a vehicle scrapping policy that will offer incentives including a discount on registration fee for a new vehicle. The five-year policy will be in line with the Govement of India's Voluntary Vehicle Fleet Modeization Program to e...

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CEAT launches new range of all-terrain tyres for SUVs

India's leading tyre manufacturer CEAT Ltd has launched a new range of all-terrain tyres for SUVs called CrossDrive. Its new carbon black tread compounds provides better grip and better fuel efficiency. These tyres have been extensively tested on the latest 'NATRAX' auto test track along w...

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Ola Electric Opens 14 New Experience Centres in India, Aims To Open 200 by Year-End

Ola Electric has opened 14 new Experience Centers in eleven cities in the Indian market. The brand aims to expand its D2C reach and has set itself the goal of opening 200 outlets by the end of 2022. Today, it has more than 50 such expertise centers across the country. Ola Electric has opened three ...

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Force Motors launches Urbania van, price starts at INR 28.99 lakh

Pune-based Force Motors launched the Urbania on Tuesday, with prices starting at INR 28.99 lakhs (ex-showroom, India). The 13-seat medium-wheelbase (3,615mm) variant, without the driver, is priced at INR 28.99 lakhs and the 17-seat, long-wheelbase (4,400mm) variant, without the driver, is priced at...

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Hero MotoCorp to hike prices of its vehicles up to INR 1500 from Dec 1

Hero MotoCorp, the country's largest motorcycle maker, said on Friday that it will increase the prices of its motorcycles and scooters by up to INR 1,500, starting December 1. This is the fourth price increase announcement by the market leader in the current fiscal year. “Hero MotoCorp will ...

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Spinny launches ‘Spinny Park’ in Bengaluru with over 1,000 used car capacity

Used car sales platform Spinny has opened its first demo area "Spinny Park" in Bangalore, creating a new pilot area to sell its used cars. Spinny Park is the first of its kind in India's used car space and is spread across five acres. It accommodates more than 1,000 cars, both mass market ...

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