Maersk, a global integrated logistics operator, on Monday said that it is planning to add over 300 electric vehicles to its fleet in India by October. The company has already deployed over 200 Electric Vehicles (EVs) across 15 cities in the country, and is planning to expand to another 11 cities, taking its overall EV […]
India might contemplate permitting foreign vendors of Tesla, specifically those in China, to produce essential components within the country. However, the government is not inclined towards granting special exemptions exclusively for Tesla or any other specific company. This development carries significance due to the fact that certain crucial components required for electric vehicles, such as […]
In a major development, Tata Group has announced that it will establish a battery cell gigafactory in the UK. “Today, I am delighted to announce the Tata Group will be setting up one of Europe’s largest battery cell manufacturing facilities in the UK,” said N Chandrasekaran, Chairman of Tata Sons, adding that the Group is […]
Pioneer Corporation today announced plans to expand its footprint in India by adding R&D presence. “By establishing R&D at Pioneer India in Gurugram and Bengaluru office, we will accelerate creating of innovation and develop innovative products and services in the mobility field as well as focusing on recruiting and training engineers with the aim of […]
Tata Technologies has come forward to set up three Common Engineering Facilities Centres (CEFCs) in the state by investing Rs 2,000 crore, Karnataka minister MB Patil said on Wednesday. Representatives of the leadership team of the company met Minister for Large and Medium Industries MB Patil at Vidhana Sabha on Wednesday and submitted the proposal […]
TVS Motor Company has reported a steady growth in sales for the month of June 2023. The company registered a 3 per cent increase in overall sales, with the number of units sold rising from 308,501 in June 2022 to 316,411 in June 2023. The two-wheeler segment of TVS saw a 4 per cent growth, […]
Automaker Honda on Tuesday said it plans to launch five new SUVs in India by 2030. Honda’s latest SUV car ELEVATE had its global unveiling today at an event held in India. Of those five, a battery electric vehicle-based SUV is planned to be launched in India within three years as part of its carbon […]
Tata Motors on Friday said its group wholesales surged 8 per cent to 3,61,361 units in fourth quarter of financial year 2022-23 (Q4 FY23), as compared to Q4 FY22. Group global wholesales in Q4 FY23, including Jaguar Land Rover, were at 3,61,361 units, which was higher by 8 per cent, as compared to Q4 FY22, […]
Under the flagship initiative of the Delhi government, 100 EV (electric vehicles) charging stations will be established at various metro stations, bus depots and other places across the national capital. On Thursday, Delhi Power Minister Atishi reviewed the project along with the power department officials. During the meeting, Atishi directed the officials of the power […]
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 per cent in March, against 1.3 per cent in March 2022. FADA is the apex national body of the automobile retail industry in India […]
