Bounce and Park+ to set up 3,500 battery swapping stations - Autonexa

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 ...

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Bosch partners German GIZ for promoting sustainable mobility solutions in Indian cities

Auto components major Bosch Ltd said on Thursday that it has partnered with Deutsche Gesellschaft fur Inteational 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 German...

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Government likely to offer more tax concessions on vehicles bought after scrapping old models

Union Minister Nitin Gadkari has stated that the Indian govement 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 govement-approved Maruti Suzuki Toyotsu Scr...

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Tata Motors hikes prices of Tiago, Tigor, Altroz, and Nexon - Autonexa

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...

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Maruti Suzuki Toyotsu India opens first vehicle scrapping unit in Noida

Maruti Suzuki Toyotsu India (MSTI), a joint venture (JV) between Maruti Suzuki India (MSIL) and Toyota Tsusho Corporation, has opened its first govement-approved Vehicle Scrap and Recycling (ELV) unit in Noida, Uttar Pradesh. Built with an investment of Rs 44 crore, the 10,993 square meter facility...

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New Honda Civic awarded 5 star safety rating by ASEAN NCAP

The sedan scored 29.27 out of 32 in the Adult Occupant Protection (AOP) category, 46.72 out of 51 points in the Child Occupant Protection (COP) category, and 19.07 points for safety assist technologies (SATs) out of a possible 21. The eleventh generation Honda Civic was recently tested by the ASEAN...

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eBikeGo acquires Kustard Technologies for EV telematics and fleet management systems

eBikeGo, an electric two-wheeler mobility platform, has acquired tech firm Kustard Technologies, a digital product and innovation studio, for $2 million. Kustard Technologies has experienced growth in the three years since its inception, expanding at a profitable rate of 60 percent prior to the acqu...

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Spark Minda Group acquires Stoneridge JV stake, eyes more acquisitions in future with a $100 million investment plan

Minda Corp. has lined up over $100 million (about Rs 750 crore)  of investment in the next three years to outpace the slowing market by aiming to transform into a supplier of entire systems as opposed to just a few parts to automakers. Minda Corp., part of Ashok Minda's Spark Minda Group, boug...

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Maruti Suzuki domestic PV sales fall 33% to 108,991 units in October

New Delhi: India’s largest carmaker Maruti Suzuki India Limited (MSIL), reported a 33.4% decline in its domestic passenger vehicle sales to 108,991 units in October 2021. The company sold 163,656 units in October last year. Total domestic sales of Maruti Suzuki (including passenger cars ...

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