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Ola Electric raises USD 300 mn funding at USD 6 bn valuation

By:: Neha Mehlawat
May 24, 2023

New Delhi: Ola Electric, the e-scooter maker, has secured $300 million (roughly INR 2,500 crore) in its latest round of funding, which will bring its valuation to $6 billion, a business daily reported.

In January 2022, the company raised 200 million US dollars with a value of 5 billion US dollars.

...

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With improved highways, India needs global standard vehicle tyres: Nitin Gadkari

By:: Neha Mehlawat
May 24, 2023

Union Minister of Highways and Road Transport Nitin Gadkari highlighted the need for inteational standard vehicle tyres, which will be in sync with improved roads and speed, reports PTI. The minister reportedly said that the Indian govement would prepare new regulations for tire manufacturers, which...

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Maruti Jimny to be launched in India in the first week of June | Gathers 30,000 bookings

By:: Neha Mehlawat
May 23, 2023

It's been more than four months since the five-door Jimny made its debut at the Auto Expo 2023. Bookings for the off-road-focused SUV began in January and now the carmaker has announced that it has amassed more than 30,000 bookings.

Maruti Jimny engine

Maruti Jimny is powered by a 1.5-liter petrol...

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Jio in discussion with Elon Musk's Tesla to build captive private network: Report

By:: Neha Mehlawat
May 22, 2023

NEW DELHI: India's Reliance Jio is in talks with Elon Musk's Tesla to build a private captive network for the electric vehicle (EV) company, Financial Express reported, citing unnamed industry sources.

However, the sources said the discussions are currently preliminary and could only progress furth...

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Ever wondered why Tesla does not advertise? There is a change coming

By:: Neha Mehlawat
May 18, 2023

Millions drive Tesla electric cars (EVs) around the world, but none have bought the electric vehicle after it was swept away by a captivating advertisement. This is because Tesla, as a clearly stated policy, has never publicized its electric cars or their supporting technologies. Ever. Never. But wh...

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UN Road Safety Week: Cars are the most involved in crashes in India, finds Bosch study

By:: Neha Mehlawat
May 16, 2023

New Delhi: India is number one in the world in road accidents. The majority of vehicles that get into accidents in India are passenger cars (30%), followed by motorcycles (24%), trucks (22%), and buses (21%). Commercial vehicles such as trucks and buses are involved in half of all pedestrian acciden...

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CCPA directs Amazon, other e-tailers to delist car seat belt alarm stopper clips

By:: Neha Mehlawat
May 16, 2023

Consumer protection regulator CCPA has directed 5 e-commerce companies including Amazon and Flipkart to permanently remove all car seat belt alarm stopper clips as the product stops the alarm from beeping when the seat belt is not in use, endangering the safety of passengers.

After an investigation...

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Toyota confirms Fortuner, Hilux mild hybrids for 2024

By:: Neha Mehlawat
May 12, 2023

Toyota South Africa has confirmed that its Fortuner SUV and Hilux pickup truck will receive the hybrid treatment. While details are scarce, Leon Theron, Senior Vice President, Sales and Marketing, Toyota South Africa, confirmed that the two models will have mild hybrid powertrains globally in 2...

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Suzuki Motor to invest aggressively to grow auto industry in India

By:: Neha Mehlawat
May 12, 2023

A senior company official said on Thursday that Suzuki Motor Corporation will continue to invest aggressively in the development of the auto industry in India. "We will continue to invest aggressively to grow the industry and make people happy in India and will continuously contribute to Atmanirbar ...

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