Tata Motors, one of the world’s leading commercial vehicle manufacturers, today took a significant leap forward in promoting sustainable mobility with the launch of the new, revolutionary Ace EV in Nepal, with its sole authorised distributor, Sipradi Trading Pvt. Ltd. The new Ace EV, an advanced, zero-emission, four-wheel small commercial vehicle (SCV), is a green and smart […]
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Vikrampati Singhania is new Vice President for the 2023-25 term The Automotive Component Manufacturers’ Association of India (ACMA) is poised for a transformative journey as it welcomes new leaders to guide the industry into the future. In an announcement that holds significant promise for the Indian auto component sector, ACMA introduces Shradha Suri Marwah as […]
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Ola Electric, India’s largest EV company, has wrapped up its electrifying show at the inaugural MotoGP Bharat 2023 at Buddh International Circuit (BIC) in Noida. Ola’s motorcycle portfolio put up on display has taken the centre-stage at the Fanzone, with the company’s booth abuzz with the motorsport enthusiasts from all over the world showing a keen interest […]
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By Hemal Thakkar, Senior Practice Leader & Director – Consulting, CRISIL Market Intelligence & Analytics The transition from internal combustion engine (ICE) vehicles to electric vehicles (EVs) accelerated in India during fiscal year 2023, driven by government policies that incentivized both manufacturers and buyers. The uptake has been impressive across vehicle segments, as reflected in […]
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Euler Motors, a commercial electric vehicle company, is proud to announce a landmark collaboration with the Small Industries Development Bank of India (SIDBI) for the visionary “Mission 50K-EV4ECO” program, aimed at catalysing the entire EV value chain. This strategic partnership aims to revolutionize the electric vehicle financing segment, strengthen the electric mobility ecosystem, and pave […]
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Today, Volvo delivered three of the world’s first heavy-duty line haul electric trucks to Danfoss. The e-trucks will operate in fixed routes between Danfoss sites in Denmark, and one of the trucks will operate 24 hours a day, five days per week, without significant charging downtime. The delivery of the three e-trucks is part of […]
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Montra Electric, the EV brand of Murugappa Group, and Exponent Energy, an energy-tech startup, has announced a partnership to develop rapid charging electric vehicles in the 3-wheeler segment. Montra Electric will launch a rapid charging 3W variant that will be equipped with Exponent’s 8.8 kWh e^pack and will achieve a 0 to 100% charge in […]
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Honeywell (NASDAQ: HON) today announced that American Battery Factory (ABF), a Lithium Iron Phosphate (LFP) battery cell manufacturer, is fully integrating Honeywell’s automation and process safety solutions in its new gigafactory located in Tucson, Arizona. At approximately 2 million square feet, the facility will be the largest gigafactory to produce LFP battery cells in the United States upon […]
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OTO, a pioneering digital two-wheeler commerce platform and a leading player in two-wheeler financing, proudly announces its dynamic collaboration with Suryoday Small Finance Bank, a prominent new-age bank. This strategic alliance is focused on transforming the landscape of two-wheeler financing, particularly for the under-served customer segments. The partnership with Suryoday Bank creates an important milestone […]
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Tata Passenger Electric Mobility, a subsidiary of Tata Motors and the pioneer of India’s EV revolution, today launched the all-new Nexon.ev. A trail blazer by legacy, this latest avatar of India’s bestselling EV marks a significant leap forward for the entire Indian auto industry. A bold digital design language; a futuristic, tech-inspired drive experience; and […]
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