SUV sales in pedal-to-metal mode, race towards 4.5 million units in FY2024

FY2024, which is 42 days away from closure on March 31, 2024 is going to set new benchmarks for the utility vehicle (UV) segment in particular and the overall passenger vehicle (PV) segment in general. That’s because with the first 10 months of FY2022 over, wholesale numbers for UVs at 20,61,075 units have zipped past… Continue reading SUV sales in pedal-to-metal mode, race towards 4.5 million units in FY2024

In Conversation with Euler Motors and Magenta Mobility founders 

Electric mobility start-ups Magenta Mobility and Euler Motors have strengthened their four-year-long association with the latest order of 2,000 Euler HiLoad EVs which will be delivered to Magenta Mobility over the next 18 months. Magenta Mobility will deploy these vehicles into its growing fleet of electric three-wheeler cargo carriers that will continue to be deployed across the country. While the EV… Continue reading In Conversation with Euler Motors and Magenta Mobility founders 

In Conversation with Euler Motors and Magenta Mobility founders 

Electric mobility start-ups Magenta Mobility and Euler Motors have strengthened their four-year-long association with the latest order of 2,000 Euler HiLoad EVs which will be delivered to Magenta Mobility over the next 18 months. Magenta Mobility will deploy these vehicles into its growing fleet of electric three-wheeler cargo carriers that will continue to be deployed across the country. While the EV… Continue reading In Conversation with Euler Motors and Magenta Mobility founders 

Nexon, Brezza and Creta battle for SUV crown in FY2024

As demand continues to soar for SUVs as well as MPVs in India, leading utility vehicle (UV) manufacturers have ramped up production of their popular models to deliver as many as they can to a hungry market. In the first 10 months of FY2024, a total of 20,61,075 utility vehicles (UVs) have already been sold,… Continue reading Nexon, Brezza and Creta battle for SUV crown in FY2024

Qargos brings innovative electric cargo two-wheeler to market faster with 3DExperience

Pune-based e-mobility startup Qargos, which unveiled its unique cargo-carrying electric two-wheeler – the F9 – at the Dassault Systemes 3DExperience World 2024 exposition in Dallas, Texas, USA on February 12, has identified a key void in India’s fledgling last-mile logistics market. The company says its research shows about a fourth of two-wheelers on India’s roads… Continue reading Qargos brings innovative electric cargo two-wheeler to market faster with 3DExperience

Qargos brings innovative electric cargo two-wheeler to market faster with 3DExperience

Pune-based e-mobility startup Qargos, which unveiled its unique cargo-carrying electric two-wheeler – the F9 – at the Dassault Systemes 3DExperience World 2024 exposition in Dallas, Texas, USA on February 12, has identified a key void in India’s fledgling last-mile logistics market. The company says its research shows about a fourth of two-wheelers on India’s roads… Continue reading Qargos brings innovative electric cargo two-wheeler to market faster with 3DExperience

Qargos brings innovative electric cargo two-wheeler to market faster with 3DExperience

Pune-based e-mobility startup Qargos, which unveiled its unique cargo-carrying electric two-wheeler – the F9 – at the Dassault Systemes 3DExperience World 2024 exposition in Dallas, Texas, USA on February 12, has identified a key void in India’s fledgling last-mile logistics market. The company says its research shows about a fourth of two-wheelers on India’s roads… Continue reading Qargos brings innovative electric cargo two-wheeler to market faster with 3DExperience

Schaeffler India clocks Rs 1,855 crore revenue in Q4 CY23

Pune-based Tier-1 components major Schaeffler India has announced its results for Q4 CY23, with the company’s net revenues from operations standing at Rs 1,855 crore, registering a 3.4 percent uptick over the operating revenues of the same quarter in CY22. Schaeffler India’s profit-before-tax (PBT) for the quarter stood at Rs 300 crore, registering a 2.9… Continue reading Schaeffler India clocks Rs 1,855 crore revenue in Q4 CY23

Schaeffler India clocks Rs 1,855 crore revenue in Q4 CY23

Pune-based Tier-1 components major Schaeffler India has announced its results for Q4 CY23, with the company’s net revenues from operations standing at Rs 1,855 crore, registering a 3.4 percent uptick over the operating revenues of the same quarter in CY22. Schaeffler India’s profit-before-tax (PBT) for the quarter stood at Rs 300 crore, registering a 2.9… Continue reading Schaeffler India clocks Rs 1,855 crore revenue in Q4 CY23

TVS Motor market cap cross Rs 1 lakh crore

TVS Motor today achieved a major milestone by becoming the sixth auto company to have a Rs 1 lakh crore market cap. The company’s market cap stood at Rs 1,01,578.38 crore in BSE as of Friday evening. The stock price rose over 60 percent in the last six months which helped TVS to be part… Continue reading TVS Motor market cap cross Rs 1 lakh crore