Greaves Electric Mobility refunds Rs 124 crore FAME II subsidy to MHI

Greaves Electric Mobility stated that it has refunded around Rs 124 crore subsidy received by the company under the Rs 10,000 crore FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India Scheme. In a statement, Greaves said “In light of our commitment to consumer interests, to avoid protracted litigation, and without admitting to… Continue reading Greaves Electric Mobility refunds Rs 124 crore FAME II subsidy to MHI

Greaves Electric Mobility refunds Rs 124 crore FAME II subsidy to MHI

Greaves Electric Mobility stated that it has refunded around Rs 124 crore subsidy received by the company under the Rs 10,000 crore FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India Scheme. In a statement, Greaves said “In light of our commitment to consumer interests, to avoid protracted litigation, and without admitting to… Continue reading Greaves Electric Mobility refunds Rs 124 crore FAME II subsidy to MHI

Ashok Leyland expects 20% revenue from exports in 5 years: Dheeraj Hinduja: PTI

Hinduja group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive Chairman Dheeraj Hinduja, PTI reported. The thrust is to see Ashok Leyland among the top 10 global original equipment manufacturers (OEM), said Hinduja at Carlton House Terrace, London, UK,… Continue reading Ashok Leyland expects 20% revenue from exports in 5 years: Dheeraj Hinduja: PTI

In Conversation with Tata Motors’ Mohan Savarkar

Tata Motors which has recently aced the Global NCAP crash tests for its Harrier and Safari SUVs, which scored the highest-ever safety score for an Indian car, aims to make safety as the focal point of product portfolio.  Mohan Savarkar, Vice President, Product Line, Tata Motors Passenger Vehicles talks about how the company is committed… Continue reading In Conversation with Tata Motors’ Mohan Savarkar

In Conversation with Tata Motors’ Mohan Savarkar

Tata Motors which has recently aced the Global NCAP crash tests for its Harrier and Safari SUVs, which scored the highest-ever safety score for an Indian car, aims to make safety as the focal point of product portfolio.  Mohan Savarkar, Vice President, Product Line, Tata Motors Passenger Vehicles talks about how the company is committed… Continue reading In Conversation with Tata Motors’ Mohan Savarkar

In Conversation with Tata Motors’ Mohan Savarkar

Tata Motors which has recently aced the Global NCAP crash tests for its Harrier and Safari SUVs, which scored the highest-ever safety score for an Indian car, aims to make safety as the focal point of product portfolio.  Mohan Savarkar, Vice President, Product Line, Tata Motors Passenger Vehicles talks about how the company is committed… Continue reading In Conversation with Tata Motors’ Mohan Savarkar

Skoda sells 642,200 cars and SUVs in first nine months of 2023, up 18%

Skoda Auto has reports consistent growth throughout the first three quarters of the year, recording positive results across all key financial indicators. The automaker’s operating profit stands at 1.26 billion euros, marking a 47.2% increase compared to the same period last year, while the return on sales increased to 6.4% (2022: 5.6%). A key contributor… Continue reading Skoda sells 642,200 cars and SUVs in first nine months of 2023, up 18%

BMW Group begins producing cells for next-generation batteries

The BMW Group has begun producing round cells for next-generation batteries at its new Cell Manufacturing Competence Centre (CMCC) in Parsdorf. The first prototypes – 95 millimetres tall, cylinder-shaped, with a diameter of 46 millimetres – rolled out on October 27. These new battery cell samples are like those that will be used in the… Continue reading BMW Group begins producing cells for next-generation batteries

BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

BMW Group Logistik, in collaboration with Trailer Dynamics, has successfully tested an electrically powered semi-trailer on various tracks and over varying distances in real-world logistics operations. With the diesel truck used, average fuel savings of more than 46% over short and medium distances, and more than 48% over long distances, were attained. Using a combination… Continue reading BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks

BMW Group Logistik, in collaboration with Trailer Dynamics, has successfully tested an electrically powered semi-trailer on various tracks and over varying distances in real-world logistics operations. With the diesel truck used, average fuel savings of more than 46% over short and medium distances, and more than 48% over long distances, were attained. Using a combination… Continue reading BMW Group Logistik tests electric semi-trailer, sees 48% savings over diesel trucks