Piaggio Vehicles sells about 26,000 units of electric 3-wheelers in 2023

Piaggio Vehicles Pvt Ltd, the subsidiary of Italian automaker Piaggio & C. SpA, has sold about 26,000 units of its electric three-wheelers this year, PTI reported.  The Indian subsidiary had retailed about 12,000 units last year, Amit Sagar, the company’s Executive Vice President, Commercial Vehicles said on Thursday. Piaggio Vehicles also launched its first three wheeler… Continue reading Piaggio Vehicles sells about 26,000 units of electric 3-wheelers in 2023

JCBL fulfils Ashok Leyland order in record time

JCBL, a mobility solutions player, has completed a significant contract from Ashok Leyland within an ‘unprecedented timeframe’, it said in a press release. The agreement was successfully executed, meeting the client’s challenge of delivering a total of 70 water tankers within a month, while ensuring stringent quality standards were upheld.  The order was executed at JCBL… Continue reading JCBL fulfils Ashok Leyland order in record time

HPCL and Chevron partner to launch Caltex lubricants in India 

Hindustan Petroleum Corporation Limited (HPCL) and Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, have entered into a long-term agreement encompassing the licensing, production, distribution, and marketing of Chevron’s lubricant products under the Caltex brand, including Chevron’s proprietary Havoline® and Delo® branded lubricant products in India. Danielle Lincoln, Vice President of Chevron International… Continue reading HPCL and Chevron partner to launch Caltex lubricants in India 

BMW launches X4 xDrive M40i  at Rs 96.20 lakh

BMW has launched the X4 xDrive M40i in India at Rs 96.20 lakh, and the coupe-SUV, which will be brought in as a CBU, will be available in a single trim and sold in limited units. BMW X4 M40i design  The BMW X4 M40i retains its sloping rear roofline, but is styled like the X3 SUV that it’s… Continue reading BMW launches X4 xDrive M40i  at Rs 96.20 lakh

BMW launches X4 xDrive M40i  at Rs 96.20 lakh

BMW has launched the X4 xDrive M40i in India at Rs 96.20 lakh, and the coupe-SUV, which will be brought in as a CBU, will be available in a single trim and sold in limited units. BMW X4 M40i design  The BMW X4 M40i retains its sloping rear roofline, but is styled like the X3 SUV that it’s… Continue reading BMW launches X4 xDrive M40i  at Rs 96.20 lakh

Altigreen launches ultra-fast-charging L5 e3W, delivers 200 units to Magenta Mobility 

Bengaluru-based e-mobility solutions provider Altigreen has introduced its ultra-fast-charging L5 electric three-wheeler – Neev Tez – with the capability to charge from zero to 100 percent state-of-charge within 15 minutes. The company also delivered 200 units of this cargo-carrying electric three-wheeler to Magenta Mobility – a fully-integrated electric vehicle fleet operator – catering to the… Continue reading Altigreen launches ultra-fast-charging L5 e3W, delivers 200 units to Magenta Mobility 

Wardwizard signs Rs 2000 crore MoU with Gujarat government

Wardwizard Innovations & Mobility, a manufacturer of electric vehicles under the ‘Joy e-bike’ brand in India, signed an Memorandum of Understanding (MoU) with the Government of Gujarat to invest Rs 2,000 crore for developing an EV Ancillary Cluster by 2024. This MoU was a part of the Vibrant Gujarat Global Suchmmit 2024 in Gandhinagar. This pivotal… Continue reading Wardwizard signs Rs 2000 crore MoU with Gujarat government

Totoya previews FT-3e concept electric SUV

Toyota has previewed its second electric SUV, the FT-3e concept, which was unveiled alongside the FT-Se sports car concept at the Tokyo motor show. The FT-3e previews a sharply styled five-seat 4×4 with a design language that builds on the Toyota bZ4x. Toyota FT-3e SUV design Toyota says its eye-catching design has been created with the help of AI to make… Continue reading Totoya previews FT-3e concept electric SUV

Totoya previews FT-3e concept electric SUV

Toyota has previewed its second electric SUV, the FT-3e concept, which was unveiled alongside the FT-Se sports car concept at the Tokyo motor show. The FT-3e previews a sharply styled five-seat 4×4 with a design language that builds on the Toyota bZ4x. Toyota FT-3e SUV design Toyota says its eye-catching design has been created with the help of AI to make… Continue reading Totoya previews FT-3e concept electric SUV

Crisil forecasts balanced global semiconductor demand supply by FY 2026

The global semiconductor shortage, which severely impacted automobile production and sales in India in fiscal years FY2021, FY2022, and a large part of FY2023, is showing signs of improvement. Supply-chain issues are being addressed, and the implementation of improved predictive demand forecasting is enabling more efficient production schedules. According to rating agency Crisil, the demand-supply… Continue reading Crisil forecasts balanced global semiconductor demand supply by FY 2026