Yulu raises USD 19.25 mn in equity funding from its investors Magna and Bajaj Auto

Yulu, a leading shared electric two-wheeler mobility, has infused equity of USD 19.25 million  (about Rs 160 crore) into its business. The funds were raised by issuing more shares to Yulu’s existing strategic investors, Magna and Bajaj Auto Ltd. Over the past year, Yulu has seen a nearly...

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From nostalgia to cultural resurgence: Yamaha RX100's return sparks enthusiast excitement

The Yamaha RX100, an iconic symbol of biking excellence, is poised to make a triumphant retu to Indian roads, much to the delight of enthusiasts nationwide, reported Stylerug. According to reports from automotive publications, Yamaha prepares to unveil the latest iteration of the RX100, it aims to ...

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Farmers' demand for guaranteed MSP unlikely to have significant impact on tractor industry: M&M

Mahindra & Mahindra Ltd on Wednesday said the ongoing protest by farmers demanding assurance of minimum support prices (MSP), among others, is unlikely to have any "significant impact" on tractor sales volumes. The tractor industry is expected to witness a volume decline of 5% this financial year, t...

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GM, Ford chiefs open to EV partnerships to compete with China

The CEOs of US automakers Ford Motor Co and General Motors said on Thursday that they would consider partnering to cut the costs of electric vehicle technology as Chinese rivals enter US and European markets. “If there are ways to partner with others, especially in non-consumer technologies, ...

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Skoda Auto India launches Slavia Style edition at INR 19.13 lakh

New Delhi: Skoda Auto India has introduced the safe and tested five-star Slavia Style Edition, one of its best-selling sedan, priced at INR 19,13,400 (ex-showroom). Skoda Auto India will launch 500 units of the Style Edition model from Slavia. All 500 cars will come exclusively with the 1.5 TSI eng...

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Tata does it again: Five stars for new Nexon in Global NCAP crash test

New Delhi: The Tata Nexon has achieved the second-highest global NCAP score, five stars, for adult and child occupant safety in the #SaferCarsForIndia test so far. Tata also ranks first in the Safari/Harrier ranking. In 2018, the Nexon became the first car to be rated five stars by #SaferCarsForInd...

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Tata.ev reduces prices up to INR 1.2 Lakh following battery price fall

Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors and pioneer of the electric vehicle revolution in India, has reduced the prices of Electric Vehicles (EVs): Nexon. ev and Tiago. ev by up to INR 1.2 lakh and INR 70,000 respectively.  Nexon. ev price now starts at INR 14....

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Digital Twin and Virtual Twin technology can help enhance quality, efficiency, sustainability

The automobile industry followed a growth path mainly due to the standardization of manufacturing of vehicles and parts, which led to mass production at lower costs. OEMs can now mass produce high-quality vehicles using improved technology at a much faster rate and get them to market faster than be...

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Born in India, 'world's first' cargo 2W aims to be a disruptor in logistics

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...

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