MUMBAI: On my recent trip to Pune, I rode a two-wheeler, which is special for many reasons. For starters, its form factor is unlike any other two-wheeler ever seen in India. In fact, its manufacturer, Qargos, calls it the world's first cargo scooter. The India-designed and manufactured electric carg...
New Delhi: Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited, in 8M FY24 sold 40,000 electric vehicles driven by the launch of two new products - Treo Plus and e-Alfa Super and payload variants. It still dominates the electric three-wheeler market. Leveraging ...
New Delhi: From being the carmaker that put the nation on wheels, Maruti now seems to be aiming for the sky, thanks to its Japanese parent company Suzuki. The company plans to make electric aerial helicopters, larger than a drone but smaller than a traditional helicopter, to carry at least three pas...
JSW Group Chairman Sajjan Jindal has confirmed plans to invest INR 40,000 crore in Odisha to set up battery and electric vehicle manufacturing facilities The investments, which will be implemented in phases, will be used to establish manufacturing facilities with an annual production capacity of 10...
South Korea's LG Energy Solution, the largest supplier of battery cells to electric scooter manufacturers in India, plans to increase its presence in the country's passenger vehicle market, the company said in a statement on Thursday. LG Energy, which supplies batteries globally to automakers such ...
New Delhi: Tata Motors, India's leading automobile manufacturer, has launched the Tiago and Tigor iCNG AMT, India's first AMT CNG vehicles. With an impressive mileage of 28.06 km/kg, the cars will be available at a starting price of INR 7.89 lakh for the Tiago iCNG and INR 8.84 lakh for the Tigor i...
New Delhi: With the advancement of technology and targeting expansion of its business, JK Tyre & Industries is working on a two-pronged strategy to add “significant significance” to its overall business. Apart from traditional tyres, the Delhi-based company also runs operational fleet ma...
NITI Aayog has proposed a range of financial and non-financial incentives, expanding the scope of the Production Linked Incentive Scheme to include LNG-powered vehicles and creating a demand pool to encourage the use of liquefied natural gas (LNG) in medium and heavy commercial vehicles. It said in...
Hyundai Motor plans to take its Indian unit public to raise at least USD 3 billion in what would be the country's largest initial public offering, two sources said, as the South Korean company doubles its bet in the key growth market ahead of a widely expected entry from Tesla. Hyundai Motor India ...