Euler Motors, leading home-grown EV maker, has expanded its retail presence with the inauguration of four new retail stores in the Delhi-NCR region. Euler Motors, with this strategic expansion, aims to cater to the growing demand for commercial EVs in the business and retail spaces, with a specific focus to connect to the retail customer. With this, the […]
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SWITCH Mobility Ltd, a Hinduja Group company and a next-generation carbon neutral electric bus and light commercial vehicle manufacturer, has delivered six ‘Solo’ electric buses to Translink, Northern Ireland’s main provider of public transport. Four buses will run routes in the Coleraine area with the remaining two on a route taking passengers to the iconic Giant’s Causeway. […]
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TORK Motors, leading home-grown electric motorcycle manufacturer, has inaugurated three new Experience Zones in Gujarat – two in Rajkot and one in Ahmedabad. The 3S facilities will be home to brand’s KRATOS-R motorcycle and will offer sales and after sales services including spares, to consumers in the region. TORK Motors now has four physical touchpoints in the state of Gujarat […]
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Ola Electric, India’s largest EV company, has announced the commencement of construction of India’s biggest Gigafactory. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu. Ola Gigafactory will be one of the fastest cell factories built, set to revolutionize the manufacturing landscape, and take the EV revolution to humanity scale from India […]
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Company expands its offerings in electric passenger vehicle segment, now covering its array of electric passenger mobility in both rural as well as urban areas Omega Seiki Mobility, a member of 5-decade old Anglian Omega Group, has launched its new electric urban passenger vehicle range under the ‘OSM Stream City’ brand. The company has launched […]
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The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]
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Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra, has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36 816 EVs and had a market share of 14.6%*. This is significantly up from FY22’s performance of 17 522 units and 7.6%* market share. The widespread 1150 touchpoints […]
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Pi-EV, formerly called the FS Electric Vehicle Concept Challenge (FSEV), is a conceptual engineering design competition. This season will mark the 7th consecutive annual challenge. Preliminary Judging for Pi-EV 2023 will be held online. Finals will be held on July 30 at the Ather Energy HQ in Bengaluru. Thirteen student teams have registered for the […]
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CJ DARCL Logistics, a leading player in the logistics industry, is taking significant strides towards sustainability by introducing its first electric vehicle (EV) for intra-city cargo movement in Bengaluru. This marks a pivotal moment in CJ DARCL Logistics’ unwavering dedication to sustainability and its ambition to achieve zero carbon emissions. Nikhil Agarwal, President, CJ DARCL […]
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Greaves Finance Ltd, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd, has introduced a groundbreaking financial platform called “evfin”. This platform aims to revolutionise the world of electric vehicle (EV) financing and more. The Economic Survey 2023 highlights the pivotal role of the automotive industry in the shift towards […]
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