Zen Mobility, a Gurgaon-based eelctric vehicle OEM, today commenced the deliveries of its Micro Pod, a cargo 3-wheeler Light Electric Vehicle (LEV). Pre orders have been received for more than 5000 units. The rollout will follow a phased, city-wise approach, beginning with Delhi and the National Capital Region (NCR), followed by Bengaluru, Pune, and Chennai.… Continue reading Zen Mobility begins deliveries of its micro pod
Author: Autocar_Professional India Online News
Forsee Power appoints Joel Theut as Chief Technical and Operations Officer
French EV battery firm Forsee Power has appointed Joel Theut as its Chief technical and operations officer. Theut who joins with more than 30 years of experience in product development, management, operations and business development in the automotive and battery sectors, will lead all operations, innovation, R&D and supply chain activities at Forsee Power. Prior to this, he was… Continue reading Forsee Power appoints Joel Theut as Chief Technical and Operations Officer
Forsee Power appoints Joel Theut as Chief Technical and Operations Officer
French EV battery firm Forsee Power has appointed Joel Theut as its Chief technical and operations officer. Theut who joins with more than 30 years of experience in product development, management, operations and business development in the automotive and battery sectors, will lead all operations, innovation, R&D and supply chain activities at Forsee Power. Prior to this, he was… Continue reading Forsee Power appoints Joel Theut as Chief Technical and Operations Officer
Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China
Stellantis and Leapmotor have today announced that Stellantis plans to invest around 1.5 billion euros to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor… Continue reading Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China
Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China
Stellantis and Leapmotor have today announced that Stellantis plans to invest around 1.5 billion euros to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor… Continue reading Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China
Exclusive: Toyota’s IMV 0 platform could spawn affordable version of Fortuner
Standing in one corner of Toyota’s booth at the Japan Mobility Show and in direct contrast to the stunning FT-Se electric sportscar concept is the old-school ladder-frame and ICE-powered IMV 0 concept. True to Toyota’s commitment to offer diverse products for diverse needs and applications, the IMV 0 is for those consumers who don’t need… Continue reading Exclusive: Toyota’s IMV 0 platform could spawn affordable version of Fortuner
Toyota eyes capacity expansion in India
Toyota Motor Corporation, through its Indian vehicle manufacturing arm, Toyota Kirloskar Motor (TKM), is considering expanding its manufacturing capacity in India. Speaking to Autocar India on the sidelines of the Tokyo Motor Show, Yoichi Miyazaki, Member of the Board of Directors, Toyota Motor Corp, said: “After Covid, the market recovery is quite strong compared to… Continue reading Toyota eyes capacity expansion in India
Volvo to expand EX30 e-SUV production to Ghent plant
In a response to strong customer demand for the new fully electric EX30 SUV, Volvo Cars has decided that it will start building the new small SUV in its Ghent plant in Belgium from 2025, expanding production capacity. Production of the EX30 started earlier this year in Zhangjiakou, China and the first cars are scheduled… Continue reading Volvo to expand EX30 e-SUV production to Ghent plant
Volvo to expand EX30 e-SUV production to Ghent plant
In a response to strong customer demand for the new fully electric EX30 SUV, Volvo Cars has decided that it will start building the new small SUV in its Ghent plant in Belgium from 2025, expanding production capacity. Production of the EX30 started earlier this year in Zhangjiakou, China and the first cars are scheduled… Continue reading Volvo to expand EX30 e-SUV production to Ghent plant
Gulf Oil reports Rs 74.63 crore net profit in Q2FY24
Lubricants major Gulf Oil reported a net profit of Rs 74.63 crore during Q2FY24, a jump of 41.22% over Q2FY22 when registered Rs 52.14 crore. The company’s revenues on other hand stood at Rs 802.30 crores as against Rs 719.50 crores, translating into growth of 11.51%. Gulf Oil in a statement said that the reported quarter… Continue reading Gulf Oil reports Rs 74.63 crore net profit in Q2FY24