Nexzu Mobility launches four e-cycle variants, introduces price cuts

Nexzu Mobility, provider of urban transportation solutions, has announced the launch of four new variants within its Bazinga and Roadlark range of electric cycles. Additionally, the company has also implemented a price reduction across its existing product lineup. Both the Bazinga and Roadlark electric cycles now come equipped with swappable batteries, offering consumers a more… Continue reading Nexzu Mobility launches four e-cycle variants, introduces price cuts

Nexzu Mobility launches four e-cycle variants, introduces price cuts

Nexzu Mobility, provider of urban transportation solutions, has announced the launch of four new variants within its Bazinga and Roadlark range of electric cycles. Additionally, the company has also implemented a price reduction across its existing product lineup. Both the Bazinga and Roadlark electric cycles now come equipped with swappable batteries, offering consumers a more… Continue reading Nexzu Mobility launches four e-cycle variants, introduces price cuts

ZF meets annual targets, boosts competitiveness

German Tier-1 major, ZF, achieved its financial targets set for 2023. In the midst of a highly volatile global economy, the company increased its sales by 6.5 percent to Euro 46.6 billion (2022: Euro 43.8 billion). Adjusted EBIT amounted to Euro 2.4 billion (2022: Euro 2.0 billion); the adjusted EBIT margin was 5.1 percent (2022: 4.7 percent). Based on… Continue reading ZF meets annual targets, boosts competitiveness

ZF meets annual targets, boosts competitiveness

German Tier-1 major, ZF, achieved its financial targets set for 2023. In the midst of a highly volatile global economy, the company increased its sales by 6.5 percent to Euro 46.6 billion (2022: Euro 43.8 billion). Adjusted EBIT amounted to Euro 2.4 billion (2022: Euro 2.0 billion); the adjusted EBIT margin was 5.1 percent (2022: 4.7 percent). Based on… Continue reading ZF meets annual targets, boosts competitiveness

ZF meets annual targets, boosts competitiveness

German Tier-1 major, ZF, achieved its financial targets set for 2023. In the midst of a highly volatile global economy, the company increased its sales by 6.5 percent to Euro 46.6 billion (2022: Euro 43.8 billion). Adjusted EBIT amounted to Euro 2.4 billion (2022: Euro 2.0 billion); the adjusted EBIT margin was 5.1 percent (2022: 4.7 percent). Based on… Continue reading ZF meets annual targets, boosts competitiveness

ZF meets annual targets, boosts competitiveness

German Tier-1 major, ZF, achieved its financial targets set for 2023. In the midst of a highly volatile global economy, the company increased its sales by 6.5 percent to Euro 46.6 billion (2022: Euro 43.8 billion). Adjusted EBIT amounted to Euro 2.4 billion (2022: Euro 2.0 billion); the adjusted EBIT margin was 5.1 percent (2022: 4.7 percent). Based on… Continue reading ZF meets annual targets, boosts competitiveness

ZF Supervisory Board appoints Dr. Peter Holdmann on Board of Management

The Supervisory Board of global technology company ZF has appointed Dr. Peter Holdmann to the Board of Management of the technology group effective May 1 of this year. Dr. Martin Fischer, who is reorienting himself professionally, does not wish to have his contract extended from November 2024. “I look back with pride on a very committed… Continue reading ZF Supervisory Board appoints Dr. Peter Holdmann on Board of Management

In Conversation with Matter’s Mohal Lalbhai

The founder and CEO at Matter, speaks with Hormazd Sorabjee, Editor, Autocar India about, why motorcycles are the SUVs of the two wheeler world as he chalks out his company’s future plans. Ahmedabad-based EV maker, Matter, made waves in the industry with its gearbox integrated Aera electric motorcycle. This gearbox serves not only as a… Continue reading In Conversation with Matter’s Mohal Lalbhai

In Conversation with Matter’s Mohal Lalbhai

The founder and CEO at Matter, speaks with Hormazd Sorabjee, Editor, Autocar India about, why motorcycles are the SUVs of the two wheeler world as he chalks out his company’s future plans. Ahmedabad-based EV maker, Matter, made waves in the industry with its gearbox integrated Aera electric motorcycle. This gearbox serves not only as a… Continue reading In Conversation with Matter’s Mohal Lalbhai

Kia India announces up to 3% price hike on all models, effective 1 April

Kia India, a leading premium carmaker, has announced up to 3% price increase across all its mass models, including Seltos, Sonet & Carens, starting April 1, 2024. This decision is attributed to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year.  Commenting on the… Continue reading Kia India announces up to 3% price hike on all models, effective 1 April